v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basic and diluted net income(loss) per share of ordinary share

The following table reflects the calculation of basic and diluted net income(loss) per share of ordinary share (in dollars, except per share amounts):

​

​

​

​

Net income from January 1, 2025, to March 31, 2026

  ​ ​ ​

$

1,398,394

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

For the three months period ended March 31, 2026

​

​

Redeemable

​

Non- Redeemable

​

  ​

​

​

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Basic

 

​

22,750,000

 

​

6,190,000

 

​

28,940,000

Ownership percentage

 

​

79

%  

​

21

%  

​

  ​

Total income allocated by class

​

$

1,099,290

​

$

299,104

​

$

1,398,394

Less: Accretion allocated based on ownership percentage

​

 

(2,510,216)

​

 

(683,000)

​

 

(3,193,216)

Plus: Accretion applicable to the redeemable class

​

 

3,193,216

​

 

—

​

 

3,193,216

Total income (loss) by class

​

$

1,782,290

​

$

(383,896)

​

 

1,398,394

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

18,008,334

​

 

6,096,334

​

 

  ​

Earnings (loss) per ordinary share - Basic

​

$

0.10

​

$

(0.06)

​

 

  ​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

For the three months period ended March 31, 2026

​

​

Redeemable

​

Non- Redeemable

​

​

​

​

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Diluted

 

​

34,125,000

 

​

7,441,250

 

​

41,566,250

Ownership percentage

 

​

82

%  

​

18

%  

​

  ​

Total income allocated by class

​

$

1,148,051

​

$

250,343

​

$

1,398,394

Less: Accretion allocated based on ownership percentage

​

 

(2,621,562)

​

 

(571,654)

​

 

(3,193,216)

Plus: Accretion applicable to the redeemable class

​

 

3,193,216

​

 

—

​

 

3,193,216

Total income (loss) by class

​

$

1,719,706

​

$

(321,312)

​

 

1,398,394

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

27,012,501

​

 

7,083,737

​

 

  ​

Earnings (loss) per ordinary share - Diluted

​

$

0.06

​

$

(0.05)

​

 

  ​

Schedule of key metrics included in total assets

​

​

​

​

​

  ​ ​ ​

March 31, 2026

Cash

​

897,989

Cash held in Trust Account

​

229,048,269