v3.26.1
Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Loss Per Ordinary Share The following table reflects the calculation of basic and diluted net income/(loss) per ordinary share (in dollars, except per-share amounts):

 

 

 

For the Three Months Ended March 31, 2026

 

 

For the Three Months Ended March 31, 2025

 

 

 

Class A Redeemable

 

 

Class A Non-redeemable

Class B(1)(2)

 

 

Class A Redeemable

 

 

Class A Non-redeemable

Class B(1)(2)

 

Basic and diluted net income/(loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted allocation of net income/(loss) including accretion of temporary equity

 

$

 

4,893,115

 

 

$

 

30,684

 

 

$

 

1,223,279

 

 

$

 

-

 

 

$

 

-

 

 

$

 

(54,039

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted-average shares outstanding

 

 

 

35,880,000

 

 

 

 

225,000

 

 

 

 

8,970,000

 

 

 

 

-

 

 

 

 

-

 

 

 

 

7,800,000

 

Basic and diluted net income/(loss) per common share

 

$

 

0.14

 

 

 $

 

0.14

 

 

 $

 

0.14

 

 

$

 

-

 

 

$

 

-

 

 

$

 

(0.01

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) On May 5, 2025, the Company consummated its Initial Public Offering and sold 35.88 million Units, which includes the full exercise of the underwriter's over-allotment option, hence the 1,170,000 Class B ordinary shares are no longer subject to forfeiture and excluded from diluted shares outstanding.

(2) On June 30, 2023, the Sponsor paid $25,000 to cover certain of the Company’s offering costs in consideration of 11,500,000 Founder Shares. On February 3, 2025, the Sponsor surrendered for no consideration 4,025,000 Founder Shares. On May 1, 2025, the Company effected a stock dividend with respect to its Class B ordinary shares of 1,495,000 shares thereof, resulting in an aggregate of 8,970,000 outstanding shares of Class B ordinary shares.