FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2025

FAIR VALUE MEASUREMENTS

Schedule of company's financial assets that are measured at fair value on a recurring basis

	Amount at Fair
Description	Value		Level 1		Level 2		Level 3
September 30, 2025
Liabilities
Warrant liability – Public Warrants	$	1,725,000	$	—	$	1,725,000	$	—
Warrant liability – Private Placement Warrants		1,072,500		—		—		1,072,500
Total Liabilities	$	2,797,500	$	—	$	1,725,000	$	1,072,500

	Amount at Fair
Description	Value		Level 1		Level 2		Level 3
December 31, 2024
Liabilities
Warrant liability – Public Warrants	$	690,000	$	—	$	690,000	$	—
Warrant liability – Private Placement Warrants		429,000		—		—		429,000
Total Liabilities	$	1,119,000	$	—	$	690,000	$	429,000

Schedule of fair value of the private placement warrants

	September 30, 2025			December 31, 2024
Stock price	$	12.20		$	11.55
Exercise price	$	11.50		$	11.50
Dividend yield		—	%		—	%
Expected term (in years)		6.03			5.78
Volatility		2.20	%		3.00	%
Risk-free rate		3.77	%		4.32	%
Fair value	$	0.15		$	0.06
Probability of Business Combination		4.90	%		2.3	%

Schedule of changes in the fair value of the Company's Level 3 financial instruments that are measured at fair value on a recurring basis

Fair value at December 31, 2024	$	429,000
Change in fair value of Private Placement Warrants		(143,000)
Fair value at March 31, 2025	$	286,000
Change in fair value of Private Placement Warrants		286,000
Fair value at June 30, 2025	$	572,000
Change in fair value of Private Placement Warrants		500,500
Fair value at September 30, 2025	$	1,072,500
Fair value at December 31, 2023	$	143,000
Change in fair value of Private Placement Warrants		71,500
Fair value at March 31, 2024	$	214,500
Change in fair value of Private Placement Warrants		357,500
Fair value at June 30, 2024	$	572,000
Change in fair value of Private Placement Warrants		—
Fair value at September 30, 2024	$	572,000