v3.26.1
Fair Value Measurements
3 Months Ended
Mar. 31, 2026
Fair Value Measurements [Abstract]  
Fair Value Measurements

Note 10 — Fair Value Measurements

 

The fair value of the $300,000,000 cash held in trust is measured under Level 1 in the fair value hierarchy as of February 26, 2026.

 

The fair value of the Public and Private Warrants is measured under Level 3 in the fair value hierarchy as of February 26, 2026. The fair value of Public Warrants was determined using the Black-Scholes Model. The Public and Private Warrants have been classified within shareholders’ deficit and will not require remeasurement after issuance.

 

The market assumptions used to determine fair value are as follows:

 

   As of
February 26,
2026
 
Term   7.0 years 
Dividends   0%
Probability of an Initial Business Combination   32.0%
Risk Free Rate   3.78%
Volatility   6.0%
Share Price  $10.00