v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended 10 Months Ended
Mar. 31, 2026
Dec. 31, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES    
Schedule of reconciliation of Class A ordinary shares subject to possible redemption As of March 31, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed consolidated balances sheet are reconciled in the following table:

​

​

​

​

​

Gross proceeds

  ​ ​ ​

$

230,000,000

Less:

​

​

​

Proceeds allocated to public warrants

​

 

(1,855,333)

Class A ordinary shares issuance cost

​

 

(14,190,584)

Plus:

​

 

​

Remeasurement of carrying value to redemption value

​

 

18,715,081

Class A ordinary shares subject to possible redemption, December 31, 2025

​

​

232,669,164

Plus:

​

​

​

Remeasurement of carrying value to redemption value

​

​

1,944,194

Class A ordinary shares subject to possible redemption, March 31, 2026

​

$

234,613,358

As of December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following table:

​

​

​

​

​

Gross proceeds

  ​ ​ ​

$

230,000,000

Less:

​

​

​

Proceeds allocated to public warrants

​

 

(1,855,333)

Class A ordinary shares issuance cost

​

 

(14,190,584)

Plus:

​

 

​

Remeasurement of carrying value to redemption value

​

 

18,715,081

Class A ordinary shares subject to possible redemption, December 31, 2025

​

$

232,669,164

Schedule of calculation of basic and diluted net income per ordinary share

​

​

​

​

​

​

​

​

​

​

For the Three Months Ended

​

​

March 31, 2026

​

  ​ ​ ​

Class A ordinary

  ​ ​ ​

​

​

​

​

shares

​

Class B ordinary

​

​

subject to

​

shares not

​

​

possible

​

subject to

​

​

redemption

​

redemption

Basic and diluted net income per share:

 

​

  ​

 

​

  ​

Numerator:

 

​

  ​

 

​

  ​

Allocation of net income

​

$

(317,489,949)

​

$

(105,829,988)

Denominator:

​

 

​

​

 

​

Basic and diluted weighted-average shares outstanding

​

 

23,000,000

​

 

7,666,667

Basic and diluted net income per ordinary share

​

$

(13.80)

​

$

(13.80)

​

​

​

​

​

​

​

​

​

​

​

For the Period from

​

​

March 12, 2025 (Inception) Through

​

​

December 31, 2025

​

  ​ ​ ​

Class A ordinary

  ​ ​ ​

​

​

​

​

shares

​

Class B ordinary

​

​

subject to

​

shares not

​

​

possible

​

subject to

​

​

redemption

​

redemption

Basic net income per share:

 

​

  ​

 

​

  ​

Numerator:

 

​

  ​

 

​

  ​

Allocation of net income

​

$

1,331,560

​

$

1,027,740

Denominator:

​

 

​

​

​

​

Basic weighted-average shares outstanding

​

 

9,153,061

​

​

7,064,626

Basic net income per ordinary share

​

$

0.15

​

$

0.15

​

​

​

​

​

​

​

​

​

​

For the Period from

​

​

March 12, 2025 (Inception) Through

​

​

December 31, 2025

​

  ​ ​ ​

​

  ​ ​ ​

Non-

​

​

Class A

​

Redeemable

​

​

Redeemable

​

Class A and B

​

​

Ordinary

​

Ordinary

​

​

Shares

​

Shares

Diluted net income per share:

 

​

  ​

 

​

  ​

Numerator:

 

​

  ​

 

​

  ​

Allocation of net income

​

$

1,313,380

​

$

1,045,920

Denominator:

​

 

​

​

​

​

Diluted weighted-average shares outstanding

​

 

9,153,061

​

​

7,289,116

Diluted net income per ordinary share

​

$

0.14

​

$

0.14