| Schedule of reconciliation of Class A ordinary shares subject to redemption reflected in the accompanying condensed consolidated balance sheet |
| | | | Class A ordinary shares subject to possible redemption — December 31, 2024 | | | 18,949,539 | Plus: | | | | Increase in redemption value of Class A ordinary shares subject to redemption | | | 295,546 | Class A ordinary shares subject to possible redemption — March 31, 2025 | | $ | 19,245,085 | Plus: | | | | Increase in redemption value of Class A ordinary shares subject to redemption | | | 299,488 | Class A ordinary shares subject to possible redemption — June 30, 2025 | | | 19,544,573 | Plus: | | | | Increase in redemption value of Class A ordinary shares subject to redemption | | | 302,043 | Class A ordinary shares subject to possible redemption — September 30, 2025 | | $ | 19,846,616 |
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| | | | Class A ordinary shares subject to possible redemption — January 1, 2023 | | $ | 234,364,451 | Less: | | | | Redemption of ordinary shares | | | (208,978,864) | Plus: | | | | Increase in redemption value of Class A ordinary shares subject to redemption | | | 6,054,941 | Class A ordinary shares subject to possible redemption — December 31, 2023 | | $ | 31,440,528 | Less: | | | | Redemption of ordinary shares | | | (14,306,363) | Plus: | | | | Increase in redemption value of Class A ordinary shares subject to redemption | | | 1,815,374 | Class A ordinary shares subject to possible redemption — December 31, 2024 | | $ | 18,949,539 |
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| Schedule of calculation of basic and diluted net income (loss) per ordinary share |
The following tables reflect the calculation of basic and diluted net loss per ordinary share (in dollars, except per share amounts): | | | | | | | | | | | | | | | For the Three Months | | For the Nine Months | | | Ended September 30, | | Ended September 30, | | | 2025 | | 2024 | | 2025 | | 2024 | Class A Ordinary Shares subject to possible redemption | | | | | | | | | | | | | Numerator: Net loss allocable to Class A ordinary shares (Redeemable) | | $ | (168,612) | | $ | (92,995) | | $ | (228,566) | | $ | (768,294) | Denominator: Weighted Average Class A ordinary shares (Redeemable) | | | | | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 1,610,373 | | | 2,846,071 | | | 1,610,373 | | | 2,846,071 | Basic and diluted net loss per share | | $ | (0.10) | | $ | (0.03) | | $ | (0.14) | | $ | (0.27) | | | | | | | | | | | | | | Class A (non-redeemable) and Class B Ordinary Shares | | | | | | | | | | | | | Numerator: Net loss allocable to Class A ordinary shares (non-redeemable) and Class B ordinary shares | | | (602,046) | | | (187,881) | | | (816,120) | | | (1,552,208) | Denominator: | | | | | | | | | | | | | Weighted Average Class A (non-redeemable) and Class B ordinary shares — Basic and diluted weighted average shares outstanding | | | 5,750,000 | | | 5,750,000 | | | 5,750,000 | | | 5,750,000 | Basic and diluted net loss per share | | $ | (0.10) | | $ | (0.03) | | $ | (0.14) | | $ | (0.27) |
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| | | | | | | | | For the Year | | | Ended December 31, | | | 2024 | | 2023 | Class A Ordinary Shares subject to possible redemption | | | | | | | Numerator: Net (loss) income allocable to Class A ordinary shares (Redeemable) | | $ | (701,941) | | $ | 2,528,027 | Denominator: Weighted Average Class A ordinary shares (Redeemable) | | | | | | | Basic and diluted weighted average shares outstanding | | | 2,565,844 | | | 9,753,411 | Basic and diluted net (loss) income per share | | $ | (0.27) | | $ | 0.26 | | | | | | | | Class A (non-redeemable) and Class B Ordinary Shares | | | | | | | Numerator: Net (loss) income allocable to Class A ordinary shares (non-redeemable) and Class B ordinary shares | | | (1,573,035) | | | 1,490,366 | Denominator: | | | | | | | Weighted Average Class A (non-redeemable) and Class B ordinary shares — Basic and diluted weighted average shares outstanding | | | 5,750,000 | | | 5,750,000 | Basic and diluted net (loss) income per share | | $ | (0.27) | | $ | 0.26 |
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