v3.26.1
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Professional fees and other expenses $ (189,862) $ (54,039)
Net loss from operations (189,862) (54,039)
Change in fair value of public warrant liabilities 3,139,500  
Other income - Interest earned on investments held in Trust Account 3,197,440  
Net income/(loss) 6,147,078 (54,039)
Class A Redeemable Ordinary Shares    
Net income/(loss) per ordinary share:    
Basic and diluted allocation of net income/(loss) including accretion of temporary equity $ 4,893,115  
Basic weighted average shares outstanding 35,880,000  
Diluted weighted average shares outstanding 35,880,000  
Basic net Income/(loss) per share $ 0.14  
Diluted net Income/(loss) per share $ 0.14  
Class A Non-Redeemable Ordinary Shares    
Net income/(loss) per ordinary share:    
Basic and diluted allocation of net income/(loss) including accretion of temporary equity $ 30,684  
Basic weighted average shares outstanding 225,000  
Diluted weighted average shares outstanding 225,000  
Basic net Income/(loss) per share $ 0.14  
Diluted net Income/(loss) per share $ 0.14  
Class B Ordinary Shares    
Net income/(loss) per ordinary share:    
Basic and diluted allocation of net income/(loss) including accretion of temporary equity $ 1,223,279 $ (54,039)
Basic weighted average shares outstanding [1],[2],[3] 8,970,000 7,800,000
Diluted weighted average shares outstanding [1],[2],[3] 8,970,000 7,800,000
Basic net Income/(loss) per share [2] $ 0.14 [4] $ (0.01)
Diluted net Income/(loss) per share [2],[4] $ 0.14 $ (0.01)
[1] 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.
[2] 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.
[3] Until the completion of the IPO on May 5, 2025, an aggregate of up to 1,170,000 Class B ordinary shares, $0.0001 par value, were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. 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.
[4] 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.