| Schedule of Net Income or Loss and Total Assets |
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:
|
|
|
December 31, 2024
|
|
Trust Account
|
|
$
|
251,756,198 |
|
Cash
|
|
$
|
2,107,309 |
|
|
|
For the Year Ended December 31, 2024
|
|
General and administrative expenses
|
|
$
|
236,535 |
|
Interest earned on the Trust Account
|
|
$
|
1,756,198 |
|
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:
|
|
|
September 30, 2025
|
|
December 31, 2024
|
|
Investments held in Trust Account
|
|
$
|
259,730,180 |
|
$
|
251,756,198 |
|
Cash
|
|
$
|
1,049,403 |
|
$
|
2,107,309 |
|
|
|
For The Three Months Ended September 30, 2025
|
|
For The Three Months Ended September 30, 2024
|
|
For The Nine Months Ended September 30, 2025
|
|
For The Period From June 24, 2024 (Inception) Through September 30, 2024
|
|
General and administrative expenses
|
|
$
|
2,615,816 |
|
$
|
47,447 |
|
$
|
3,212,856 |
|
$
|
77,427 |
|
Interest earned on investments held in Trust Account
|
|
$
|
2,685,470 |
|
$
|
—
|
|
$
|
7,973,982 |
|
$
|
—
|
|