v3.25.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Measurements  
Schedule of company's financial assets that are measured at fair value on a recurring basis

September 30, 2025

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Quoted Prices in Active

    

Significant Other 

    

Significant Other 

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 Markets  

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Observable Inputs  

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Unobservable Inputs  

Description

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(Level 1)

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(Level 2)

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(Level 3)

Assets:

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Cash and investments held in Trust Account - U.S. Treasury Securities

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$

26,363,469

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$

—

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$

—

Liabilities:

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Non-redemption agreements derivative liability

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$

—

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$

—

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$

3,735,371

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December 31, 2024

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Quoted Prices in Active 

    

Significant Other 

    

Significant Other 

​

​

Markets

​

Observable Inputs

​

Unobservable Inputs

Description

​

(Level 1)

​

(Level 2)

​

(Level 3)

Assets:

​

​

​

​

​

​

​

​

​

Cash and investments held in Trust Account - U.S. Treasury Securities

​

$

25,554,084

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$

—

​

$

—

Schedule of the key inputs into the monte-carlo simulation model for the non-redemption agreements derivative liability

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September 30, 

 

Input

    

2025

 

Market price of Class A common stock

 

12.51

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Risk-free rate

 

3.74

%

Volatility

 

6.2

%

Term

 

5.05

​