v3.26.1
Fair Value Measurement
 12 Months Ended
Dec. 31, 2025
Fair Value Measurement [Abstract]  
FAIR VALUE MEASUREMENT

NOTE 8 — FAIR VALUE MEASUREMENT

 

The Company classifies its U.S. Treasury and equivalent securities as held-to-maturity in accordance with ASC Topic 320 “Investments - Debt and Equity Securities.” Held-to-maturity securities are those securities which the Company has the ability and intent to hold until maturity. Held-to-maturity treasury securities are recorded at amortized cost on the accompanying balance sheets and adjusted for the amortization or accretion of premiums or discounts.

 

At December 31, 2025, assets held in the Trust Account were comprised of $309,180,211 marketable securities held in Trust Account. During the year ended December 31, 2025, the Company did not withdraw any interest income from the Trust Account.

 

At December 31, 2024, assets held in the Trust Account were comprised of $296,736,638 marketable securities held in Trust Account. During the year December 31, 2024, the Company did not withdraw any amount of interest earned on the Trust Account.

   

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at December 31, 2025 and 2024:

 

   December 31,
2025		   Quoted
Prices in
Active Markets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Other
Unobservable
Inputs
(Level 3)		 
Assets:                
Marketable securities held in Trust Account $309,180,211  $309,180,211  $—  $— 

 

   December 31,
2024		   Quoted
Prices in
Active Markets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Other
Unobservable
Inputs
(Level 3)		 
Assets:                
Marketable securities held in Trust Account $296,736,638  $296,736,638  $—  $—