v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Class A Ordinary Shares Subject to Possible Redemption As of June 30, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:

 

Gross proceeds

 

$

345,000,000

 

Less:

 

 

 

Proceeds allocated to Public Warrants

 

 

(3,631,125

)

Public Shares issuance costs

 

 

(19,944,304

)

Plus:

 

 

 

Accretion of carrying value to redemption value

 

 

24,172,719

 

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

 

 

345,597,290

 

Plus:

 

 

 

Accretion of carrying value to redemption value

 

 

3,070,554

 

Class A ordinary shares subject to possible redemption, June 30, 2026

 

 

348,667,844

 

Plus:

 

 

—

 

Accretion of carrying value to redemption value

 

 

3,105,736

 

Class A ordinary shares subject to possible redemption, June 30, 2026

 

$

351,773,580

 

Schedule of Calculation of Basic and Diluted Net Income Per Ordinary Share

The following table reflects the calculation of basic and diluted net income per ordinary share:

 

 

 

For the Three Months Ended June 30, 2026

 

 

For the Six Months Ended June 30, 2026

 

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net income, basic

 

$

1,119,048

 

 

$

272,726

 

 

$

3,363,443

 

 

$

819,714

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average Ordinary Shares outstanding

 

 

35,390,000

 

 

 

8,625,000

 

 

 

35,390,000

 

 

 

8,625,000

 

Basic and diluted net income per Ordinary Share

 

$

0.03

 

 

$

0.03

 

 

$

0.10

 

 

$

0.10