| Schedule of Class A Ordinary Shares Subject to Redemption |
At September 30, 2025 and
December 31, 2024, the Class A ordinary shares subject to redemption reflected in the condensed balance sheets are reconciled in
the following table:
| Gross Proceeds | |
$ | 287,500,000 | |
| Less: | |
| | |
| Proceeds allocated to Public Warrants | |
| (2,443,750 | ) |
| Class A ordinary shares issuance costs | |
| (20,059,603 | ) |
| Plus: | |
| | |
| Accretion for Class A Ordinary Shares subject to possible redemption | |
| 31,739,991 | |
| Class A Ordinary Shares subject to possible redemption December 31, 2024 | |
| 296,736,638 | |
| Plus: | |
| | |
| Accretion for Class A Ordinary Shares subject to possible redemption | |
| 3,107,381 | |
| Class A Ordinary Shares subject to possible redemption March 31, 2025 | |
| 299,844,019 | |
| Plus: | |
| | |
| Accretion for Class A Ordinary Shares subject to possible redemption | |
| 3,126,072 | |
| Class A Ordinary Shares subject to possible redemption June 30, 2025 | |
| 302,970,091 | |
| Plus: | |
| | |
| Accretion for Class A Ordinary Shares subject to possible redemption | |
| 3,232,187 | |
| Class A Ordinary Shares subject to possible redemption September 30, 2025 | |
$ | 306,202,278 | |
|
| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
The following table reflects
the calculation of basic and diluted net income per ordinary share:
| | |
For the Three Months Ended September 30, 2025 | | |
For the Nine Months Ended September 30, 2025 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Basic and diluted net income per share: | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net income | |
$ | 2,484,687 | | |
$ | 621,172 | | |
$ | 7,198,341 | | |
$ | 1,799,585 | |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 28,750,000 | | |
| 7,187,500 | | |
| 28,750,000 | | |
| 7,187,500 | |
| Basic and diluted net income per share | |
$ | 0.09 | | |
$ | 0.09 | | |
$ | 0.25 | | |
$ | 0.25 | |
| | |
For the Three Months Ended
September 30, 2024 | | |
For the Nine Months Ended
September 30, 2024 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Basic and diluted net income per share: | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net income | |
$ | 2,925,166 | | |
$ | 731,291 | | |
$ | 3,688,768 | | |
$ | 1,678,600 | |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 28,750,000 | | |
| 7,187,500 | | |
| 14,794,708 | | |
| 6,732,436 | |
| Basic and diluted net income per share | |
$ | 0.10 | | |
$ | 0.10 | | |
$ | 0.25 | | |
$ | 0.25 | |
|