v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 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 for six months ended June 30, 2026

  ​ ​ ​

$

3,347,053

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

For the six months period ended June 30, 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

​

$

2,631,149

​

$

715,904

​

$

3,347,053

Less: Accretion allocated based on ownership percentage

​

 

(4,088,628)

​

​

(1,112,466)

​

​

(5,201,094)

Plus: Accretion applicable to the redeemable class

​

 

5,201,094

​

​

—

​

​

5,201,094

Total income (loss) by class

​

$

3,743,615

​

$

(396,562)

​

$

3,347,053

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

20,392,265

​

​

3,252,542

​

​

​

Earnings (loss) per ordinary share - Basic

​

$

0.18

​

$

(0.12)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

For the six months period ended June 30, 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

​

$

2,747,859

​

$

599,194

​

$

3,347,053

Less: Accretion allocated based on ownership percentage

​

 

(4,269,987)

​

​

(931,107)

​

​

(5,201,094)

Plus: Accretion applicable to the redeemable class

​

 

5,201,094

​

​

—

​

​

5,201,094

Total income (loss) by class

​

$

3,678,966

​

$

(331,913)

​

$

3,347,053

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

30,588,397

​

​

7,263,482

​

​

​

Earnings (loss) per ordinary share - Diluted

​

$

0.12

​

$

(0.05)

​

​

​

​

The following table reflects the calculation of basic and diluted net income (loss) per share of ordinary share (in dollars, except per share amounts) for the three months ended June 30, 2026:

​

​

​

​

​

Net income for the three months ended June 30, 2026

  ​ ​ ​

$

1,948,659

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months period ended June 30, 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

​

$

1,531,859

 

$

416,800

 

$

1,948,659

Less: Accretion allocated based on ownership percentage

​

 

(1,578,411)

 

​

(429,467)

 

​

(2,007,878)

Plus: Accretion applicable to the redeemable class

​

 

2,007,878

 

​

—

 

​

2,007,878

Total income (loss) by class

​

$

1,961,325

​

$

(12,666)

​

$

1,948,659

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

22,750,000

​

 

6,190,000

​

 

  ​

Earnings (loss) per ordinary share - Basic

​

$

0.09

​

$

(0.002)

​

 

  ​

​

​

​

​

​

​

​

​

​

​

​

​

​

For the three months period ended June 30, 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

​

$

1,599,807

​

$

348,852

​

$

1,948,659

Less: Accretion allocated based on ownership percentage

​

 

(1,648,425)

​

 

(359,453)

​

 

(2,007,878)

Plus: Accretion applicable to the redeemable class

​

 

2,007,878

​

 

—

​

 

2,007,878

Total income (loss) by class

​

$

1,959,260

​

$

(10,601)

​

$

1,948,659

​

​

​

​

​

​

​

​

​

​

Weighted average shares

​

 

34,125,000

​

 

7,441,250

​

 

  ​

Earnings (loss) per ordinary share - Diluted

​

$

0.06

​

$

(0.001)

​

 

  ​

Schedule of key metrics included in total assets

​

​

​

​

​

​

​

​

​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Cash

​

$

850,213

​

$

37,181

marketable securities held in Trust Account

​

$

231,056,147

​

​

—