v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
General and administrative expenses $ 1,006,561 $ 277,491 $ 1,670,353 $ 711,587
Loss from operations (1,006,561) (277,491) (1,670,353) (711,587)
Other income:        
Interest earned on cash and marketable securities held in Trust Account 2,597,546 3,154,569 7,895,697 9,397,868
Total other income, net 2,597,546 3,154,569 7,895,697 9,397,868
Net income 1,590,985 2,877,078 6,225,344 8,686,281
Class A Ordinary Shares subject to possible redemption        
Other income:        
Net income $ 1,235,118 $ 2,239,532 $ 4,841,498 $ 6,761,445
Weighted average shares outstanding, basic (in shares) 22,724,969 23,000,000 22,907,316 23,000,000
Weighted average shares outstanding, diluted (in shares) 22,724,969 23,000,000 22,907,316 23,000,000
Basic net income per share (in dollar per share) $ 0.05 $ 0.1 $ 0.21 $ 0.29
Diluted net income per share (in dollar per share) $ 0.05 $ 0.1 $ 0.21 $ 0.29
Non-redeemable Class A and Class B Ordinary Shares        
Other income:        
Net income $ 355,867 $ 637,546 $ 1,383,846 $ 1,924,836
Weighted average shares outstanding, basic (in shares) 6,547,600 6,547,600 6,547,600 6,547,600
Weighted average shares outstanding, diluted (in shares) 6,547,600 6,547,600 6,547,600 6,547,600
Basic net income per share (in dollar per share) $ 0.05 $ 0.1 $ 0.21 $ 0.29
Diluted net income per share (in dollar per share) $ 0.05 $ 0.1 $ 0.21 $ 0.29
Nonrelated party        
General and administrative expenses $ 946,561 $ 217,491 $ 1,490,353 $ 531,587
Related party        
General and administrative expenses $ 60,000 $ 60,000 $ 180,000 $ 180,000