v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Formation and operating costs $ 626,738 $ 80,334
Loss from operations (626,738) (80,334)
OTHER INCOME    
Dividend earned on marketable securities held in Trust Account 2,308,055
Total other income, net 2,308,055
NET INCOME (LOSS) $ 1,681,317 $ (80,334)
Redeemable Shares    
OTHER INCOME    
Weighted average shares outstanding (in Shares) 25,300,000
Basic net income per share $ 0.07
Diluted net income per share $ 0.07
Non-Redeemable Shares    
OTHER INCOME    
Weighted average shares outstanding (in Shares) [1],[2] 9,173,333 7,333,333
Basic net income per share $ (0.01) $ (0.01)
Diluted net income per share $ (0.01) $ (0.01)
[1] For the three months ended March 31, 2025, excludes up to 1,100,000 of the founder shares that were subject to surrender by the Sponsor for no consideration depending on the extent to which the underwriters’ over-allotment is exercised (Note 5). On April 28, 2025, the Company consummated the Initial Public Offering of 25,300,000 units at $10.00 per unit, which includes the full exercise of the underwriter’s over-allotment option, therefore the 1,100,000 founder shares are no longer subject to forfeiture.
[2] On October 10, 2024, in connection with a recapitalization, the Company issued the Sponsor an additional 1,916,667 Class B ordinary shares for no additional consideration, following which the Sponsor holds 7,666,667 Class B ordinary shares. On November 18, 2024, the Company effected a share capitalization of 766,667 Class B ordinary shares, as a result of which the Sponsor owns 8,433,333 founder shares for which it paid approximately $0.003 per share. All share amounts have been retroactively restated to reflect these adjustments.