v3.26.1
FAIR VALUE MEASUREMENT
12 Months Ended
Dec. 31, 2025
FAIR VALUE MEASUREMENT  
FAIR VALUE MEASUREMENT

NOTE 8. FAIR VALUE MEASUREMENT

At December 24, 2024, the date of the Initial Public Offering, the fair value of the Public Warrants was $1,121,250, or $0.13 per Public Warrant. The fair value of the Public Warrants was determined using the Monte Carlo Simulation Model. The Public Warrants have been classified within shareholders’ deficit and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used in the valuation of the Public Warrants:

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December 24, 2024

 

Implied Class A share Price

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$

9.93

 

Exercise price

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$

11.50

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Term (years)

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6.50

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Risk-free rate

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4.45

%

Selected volatility

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2.0

%

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At December 31, 2025 and 2024, assets held in the Trust Account were comprised of money market funds which are invested primarily in U.S. Treasury securities.

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 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

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December 31, 

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December 31, 

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Level

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2025

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2024

Assets:

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Money Market Funds

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1

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$

181,657,311

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$

174,350,346

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