v3.25.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Consolidated Financial Statements

The accompanying unaudited condensed consolidated financial statements reflect the activities of the Company and each of the following entities:

 

Name   Background   Ownership
KVAC (Cayman) Limited (“Acquirer”)   A Cayman Islands company
Incorporated on August 28, 2024
  100% owned by the Company
KVAC MS (Cayman) Limited   A Cayman Islands company
Incorporated on July 10, 2024
  100% owned by the Acquirer
Schedule of Fair Value Hierarchy of the Valuation Techniques

The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024, and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value.

 

   September 30,   Quoted
Prices In
Active
Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
Description  2025   (Level 1)   (Level 2)   (Level 3) 
Assets:                
U.S. Treasury Securities held in Trust Account  $56,026,877   $56,026,877   $
      -
   $
       -
 

 

   December 31,   Quoted
Prices In
Active
Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
Description  2024   (Level 1)   (Level 2)   (Level 3) 
Assets:                
U.S. Treasury Securities held in Trust Account  $70,373,065   $70,373,065   $
       -
   $
        -
 
Schedule of Unaudited Condensed Consolidated Statements of Income and Comprehensive Income

The net income (loss) per share presented in the unaudited condensed consolidated statements of income and comprehensive income is based on the following:

 

  

For the Nine Months Ended
September 30, 2025

  

For the Nine Months Ended
September 30, 2024

 
   Redeemable
Ordinary
Share
   Non-
Redeemable
Ordinary
Share
   Redeemable
Ordinary
Share
   Non-
Redeemable
Ordinary
Share
 
Basic and diluted net income (loss) per share:                
Numerators:                
Interest income earned in investments held in Trust Account  $2,111,545   $
-
   $7,640,096   $
-
 
Total expenses   (352,421)   (259,432)   (802,419)   (237,026)
Total allocation to redeemable and non-redeemable ordinary shares  $1,759,124   $(259,432)  $6,837,677   $(237,026)
Denominators:                    
Weighted-average shares outstanding   5,998,933    4,416,075    14,950,000    4,416,075 
Basic and diluted net income (loss) per share  $0.29   $(0.06)  $0.46   $(0.05)

 

  

For the Three Months Ended
September 30, 2025

  

For the Three Months Ended
September 30, 2024

 
   Redeemable
Ordinary
Share
   Non-
Redeemable
Ordinary
Share
   Redeemable
Ordinary
Share
   Non-
Redeemable
Ordinary
Share
 
Basic and diluted net income (loss) per share:                
Numerators:                
Interest income earned in investments held in Trust Account  $621,946   $
-
   $2,065,585   $
-
 
Total expenses   (134,377)   (114,103)   (390,355)   (115,307)
Total allocation to redeemable and non-redeemable ordinary shares  $487,569   $(114,103)  $1,675,230   $(115,307)
Denominators:                    
Weighted-average shares outstanding   5,200,724    4,416,075    14,950,000    4,416,075 
Basic and diluted net income (loss) per share  $0.09   $(0.03)  $0.11   $(0.03)