| Schedule of Class A ordinary shares subject to redemption |
| | | | | | | Number of | | | | | Class A | | | | | ordinary | | Amount | | | shares | | $ | Gross proceeds | | 20,000,000 | | 200,000,000 | Less: | | | | | Proceeds allocated to Public Warrants | | — | | (1,910,000) | Proceeds allocated to Over-allotment Units | | — | | (392,288) | Class A ordinary shares issuance costs | | — | | (4,648,439) | Plus: | | | | | Remeasurement of carrying value to redemption value | | — | | 8,267,994 | Class A Ordinary Shares subject to possible redemption, December 31, 2024 | | 20,000,000 | | 201,317,267 | Gross proceeds from exercise of Over-allotment Units | | 3,000,000 | | 30,000,000 | Less: | | | | | Proceeds allocated to Public Warrants | | — | | (286,500) | Class A ordinary shares issuance costs | | — | | (594,163) | Plus: | | | | | Remeasurement of carrying value to redemption value | | — | | 3,317,272 | Class A Ordinary Shares subject to possible redemption, March 31, 2025 | | 23,000,000 | | 233,753,876 | Plus: | | | | | Remeasurement of carrying value to redemption value | | — | | 2,422,595 | Class A Ordinary Shares subject to possible redemption, June 30, 2025 | | 23,000,000 | | 236,176,471 | Plus: | | | | | Remeasurement of carrying value to redemption value | | — | | 2,651,071 | Class A Ordinary Shares subject to possible redemption, September 30, 2025 | | 23,000,000 | | 238,827,542 |
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| Schedule of calculation of basic and diluted net income (loss) per ordinary share |
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): | | | | | | | | | | | | | | | For the Three Months Ended | | For the Nine Months Ended | | | September 30, | | September 30, | | | 2025 | | 2025 | | | Class A | | Class B non- | | Class A | | Class B non- | | | redeemable | | redeemable | | redeemable | | redeemable | Numerator: | | | | | | | | | | | | | Allocation of net income | | $ | 1,603,325 | | $ | 534,442 | | $ | 4,769,150 | | $ | 1,610,492 | Denominator: | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 23,000,000 | | | 7,666,667 | | | 22,703,297 | | | 7,666,667 | Basic and diluted net income per ordinary share | | $ | 0.07 | | $ | 0.07 | | $ | 0.21 | | $ | 0.21 |
| | | | | | | | | For the Period from July 25, | | | 2024 (Inception) Through | | | September 30, | | | 2024 | | | Class A | | | Class B non- | | | redeemable | | redeemable | Numerator: | | | | | | | Allocation of net loss | | $ | — | | $ | (90,741) | Denominator: | | | | | | | Basic weighted average shares outstanding | | | — | | | 6,666,667 | Basic and diluted net loss per ordinary share | | $ | — | | $ | (0.01) |
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