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(the “Company”) is a blank check company incorporated in the Cayman Islands on <span id="xdx_902_edei--EntityIncorporationDateOfIncorporation_c20250101__20250930_ziglHfR35fI4" title="Entity incorporation, date of incorporation">February 19, 2021</span>. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (the “Business Combination”). The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025, and for the period from February 19, 2021 (inception) through September 30, 2025, the Company had not yet commenced any operations. All activities for the period from February 19, 2021 (inception) through September 30, 2025, relate to the Company’s formation, the initial public offering (the “Initial Public Offering” or “IPO”), identifying a target for a Business Combination, and, effective August 28, 2025, the change in sponsorship described below. The Company will not generate any operating revenue until after the completion of its initial Business Combination, at the earliest.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On May 12, 2022, the Company consummated its Initial Public Offering of <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250501__20250512_zcggdjuvpK98" title="Stock shares issued during the period, shares">22,500,000</span> units (the “Units”), at $<span id="xdx_902_eus-gaap--SharesIssuedPricePerShare_iI_c20250512_zZ7DRfeY1yni" title="Shares issued, price per share">10.00</span> per Unit, generating gross proceeds of $<span id="xdx_900_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_c20250502__20250512_zDMPqGHMUMJk" title="Restricted cash received in advance related to the Initial Public Offering">225,000,000</span>. The underwriter also exercised its over-allotment option in full, resulting in an additional <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_zxWfoywX4L16" title="Stock shares issued during the period, shares">3,375,000</span> Units issued for an aggregate amount of $<span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_zwpnrAC3fuL3" title="Stock shares issued during the period, value">33,750,000</span>. Simultaneously, the Company consummated the sale of <span id="xdx_906_ecustom--ClassOfWarrantsAndRightsIssuedDuringThePeriod_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zHoidFonQBlk" title="Class of warrants and rights issued during the period">16,087,500</span> Private Placement Warrants at $<span id="xdx_90A_ecustom--ClassOfWarrantsAndRightsIssuedPricePerWarrant_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zgvtd5zwxql3" title="Class of warrants and rights issued price per warrant">1.00</span> per warrant to ICE I Holdings Pte. Ltd. (the “Original Sponsor”), generating gross proceeds of $<span id="xdx_903_eus-gaap--ProceedsFromIssuanceOfPrivatePlacement_c20250502__20250512__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zlTFKcwHBjJb" title="Proceeds from issuance of private placement">16,087,500</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 11, 2023, shareholders of the Company held the 2023 extraordinary general meeting of shareholders (the “2023 Extraordinary General Meeting”). At the 2023 Extraordinary General Meeting, the Company’s shareholders approved the proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association to give the Company the right to extend the date by which it has to consummate a business combination from August 12, 2023 to August 12, 2024. At the 2023 Extraordinary General Meeting, holders of <span id="xdx_908_ecustom--TemporaryEquitySharesRedeemable_iI_c20230811__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z4z4swQpSEej" title="Temporary equity shares redeemable">16,085,554</span> shares of Class A ordinary shareholders exercised their right to redemption at a per share redemption price of approximately $<span id="xdx_90C_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20230811_z9fWmPGXjX1k" title="Temporary equity, redemption price per share">10.74</span>. On August 18, 2023, a total of $<span id="xdx_90E_eus-gaap--PaymentsForRepurchaseOfCommonStock_c20230817__20230818__us-gaap--StatementEquityComponentsAxis__custom--OrdinarySharesClassASharesMember_zh8hlKkG6y3l" title="Payment to Redeeming Shareholders">172,774,717</span> in redemption payments were made in connection with this redemption. Following the redemption, the Company had a total of <span id="xdx_90A_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20230818_zXOktoGJnUw9" title="Temporary equity, shares outstanding">9,789,446</span> shares of Class A ordinary shares outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As a result of the 2023 Extraordinary General Meeting, the Sponsor agreed to contribute into the Company’s Trust Account the lessor of (x) an aggregate of $<span id="xdx_904_ecustom--CommitmentToContributeToTheTrustAccountPerMonth_iI_c20230811__us-gaap--RelatedPartyTransactionAxis__custom--AgreementToContributeToTheTrustAccountMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zCQgW3OboGtg" title="Commitment to contribute to the trust account per month">100,000</span> or (y) $<span id="xdx_90E_ecustom--CommitmentToContributeToTheTrustAccountPerShare_iI_c20230811__us-gaap--RelatedPartyTransactionAxis__custom--AgreementToContributeToTheTrustAccountMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z2lkecubTekk" title="Commitment to contribute to the trust account per share">0.025</span> per share for each Class A ordinary share included as a part of the Units sold in the Company’s initial public offering (including any shares issued in exchange thereof) that are not redeemed at the 2023 Extraordinary General Meeting for each monthly period (commencing on August 12, 2023 and ending on the 12th day of each subsequent month), or portion thereof, until the earlier of the completion of the Initial Business Combination or August 12, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 12, 2024, the Company held the 2024 Extraordinary General Meeting and approved a proposal, by special resolution, to amend the Company’s amended and Restated Memorandum and Articles of Association to extend the date by which the Company has to consummate a business combination for an additional nine months from August 12, 2024 to May 12, 2025. In connection with the vote to extend the date by which the Company has to consummate a business combination, the holders of <span id="xdx_902_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20240812__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zOAr09l8NkM5" title="Temporary equity shares subject to redemption">8,314,066</span> Class A Ordinary shares properly exercised their rights to redeem their shares for cash at a redemption price of approximately $<span id="xdx_902_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20240812__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt5HHEhvbQfb" title="Temporary equity, redemption price per share">11.48</span> per share, for an aggregate redemption amount of approximately $<span id="xdx_908_eus-gaap--TemporaryEquityAggregateAmountOfRedemptionRequirement_iI_c20240812__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zvrPpZP4umi" title="Temporary equity, aggregate amount of redemption requirement">95,447,584</span>. Following the redemption, the Company had a total of <span id="xdx_908_eus-gaap--TemporaryEquitySharesOutstanding_iI_c20240812__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zmkR9ziGdjnb" title="Temporary equity, shares outstanding">1,475,380</span> shares of Class A ordinary shares outstanding. As a result of the 2024 Extraordinary Meeting, the Sponsor may extend the time period within which the Company must complete its Initial Business Combination for up to nine additional one-month periods to May 12, 2025, by contributing $<span id="xdx_906_ecustom--AmountEligibleToBeWithdrawnOutOfInterestEarnedOnTheTrustFundsWaived_iI_c20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z5eIL7QW1hz8" title="Amount eligible to be withdrawn out of interest earned on the trust funds waived">50,000</span> per month into the Company’s Trust Account until the earlier of the completion of the Initial Business Combination or May 12, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">At the 2024 Extraordinary General Meeting held on August 12, 2024, the Sponsor of the Company elected to convert 6,468,749 Class B ordinary shares into Class A ordinary shares on a one-to-one basis, pursuant to the terms of the articles and memorandum of association of the Company. However, the procedures necessary to effectuate this conversion were not completed until November 18, 2024. The impact of this conversion is reflected on the Company’s financial statements at fiscal year-end December 31, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On April 24, 2025, the Company filed a definitive proxy statement in connection with an upcoming annual general meeting of its shareholders to, among other things, seek an extension of the Initial Business Combination period from May 12, 2025 to May 12, 2027 (“Combination Period”). On May 12, 2025, shareholders of the Company held the 2025 extraordinary general meeting of shareholders (the “2025 Extraordinary General Meeting”). At the 2025 Extraordinary General Meeting, the Company’ shareholders approved the proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association to give the Company the right to extend the date by which it has to consummate a business combination from May 12, 2025 to May 12, 2027. At the 2025 Extraordinary General Meeting, holders of <span id="xdx_900_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250424__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zCNn3D2xAJX6" title="Temporary equity shares subject to redemption">1,449,359</span> shares of Class A ordinary shareholders exercised their right to redemption at a per share redemption price of approximately $<span id="xdx_907_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20250424__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z0DmWDPedYc8" title="Temporary equity, redemption price per share">12.09</span>, for an aggregate redemption amount of approximately $<span id="xdx_90B_eus-gaap--TemporaryEquityAggregateAmountOfRedemptionRequirement_iI_c20250424__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z2gr0KK1H9mg" title="Temporary Equity, Aggregate Amount of Redemption Requirement">17,521,050</span>. As a result of the 2025 Extraordinary Meeting, the time to complete the Initial Business Combination has been extended for a twenty-four-month period, to May 12, 2027.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_905_ecustom--GeneralMeetingDescriptions_c20260401__20260428__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zoVRidIUgoU4" title="General meeting description">On April 28, 2026, the Company filed a definitive information statement on Schedule 14C in connection with an upcoming extraordinary general meeting of its shareholders to be held on May 14, 2026 (the “2026 Extraordinary General Meeting”) to, among other things, (i) extend the Initial Business Combination period from May 12, 2027 to May 12, 2028 (the “Extended Combination Period”), and (ii) change the Company’s name from “Investcorp AI Acquisition Corp.” to “Libity.” At the 2026 Extraordinary General Meeting, the Company’s shareholders approved the proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association to give the Company the right to extend the date by which it has to consummate a business combination from May 12, 2027 to May 12, 2028 and change the Company name to Libity. At the 2026 Extraordinary General Meeting, holders of 11,896 shares of Class A ordinary shareholders exercised their right to redemption at a per share redemption price of approximately $12.84, for an aggregate redemption amount of approximately $152,721. Following the redemption, the Company had a total of 14,125 shares of Class A ordinary shares outstanding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Nasdaq Delisting</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On April 29, 2025, the Company received notice from the Nasdaq Listing Qualifications Department that its securities would be delisted. Trading was suspended at the opening of business on May 6, 2025. On July 14, 2025, Nasdaq filed a Form 25 with the SEC, formally removing the Company’s securities from listing and registration on Nasdaq. Following such suspension, the Company’s ordinary shares, units, and warrants trade on the OTC Markets under the tickers “IVCAF,” “IVCAUF,” and “IVCAWF,” respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Change in Sponsorship – Purchase Agreement (August 28, 2025)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 28, 2025 (the “Effective Date”), the Company entered into and consummated a Purchase Agreement (the “Purchase Agreement”) by and among Samara Special Opportunities, a Cayman Islands exempted company (“Samara” or the “New Sponsor”), the Company, and ICE I Holdings Pte. Ltd. (the “Original Sponsor”). Pursuant to the Purchase Agreement, the Original Sponsor sold, and Samara acquired, an aggregate of <span id="xdx_901_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJkPXkjcLvx8" title="Temporary equity shares subject to redemption">4,528,124</span> Class A ordinary shares (converted from Class B shares), 1 Class B ordinary share, and <span id="xdx_903_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zcI0NNqVocEd" title="Temporary equity shares subject to redemption">11,261,250</span> Private Placement Warrants held by the Original Sponsor (collectively, the “Transferred Securities”) for an aggregate purchase price of $<span id="xdx_900_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20250828__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zGF16NyRZ7K1" title="Temporary equity, redemption price per share">1.00</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Following the closing of the Purchase Agreement: (i) the Original Sponsor retained <span id="xdx_900_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zOofvLJWr0Ch" title="Temporary equity shares subject to redemption">1,940,625</span> Class A ordinary shares (the “Retained Shares”) and <span id="xdx_900_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zHkdVfGQSmih" title="Temporary equity shares subject to redemption">4,826,250</span> Private Placement Warrants (the “Retained Warrants”); (ii) the Original Sponsor’s management and officers of the Company resigned and were replaced by designees of Samara; (iii) the letter agreement (“Insider Letter”) entered into by the Original Sponsor with the Company upon the closing of the IPO was terminated; (iv) access to the Company’s bank accounts was transferred to Samara; and (v) all SPAC Paid-Off Liabilities, Assumed Liabilities, and Written-Off Liabilities (as defined in the Purchase Agreement) were settled or extinguished as of August 29, 2025 (the “Payment Date”), as further described in Note 5.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As a result of the change in sponsorship, Samara assumed responsibility for funding the on-going expenses of the Company, including any required payments into the Trust Account to effect any extension, legal, accounting, and administrative expenses, and the costs of searching for, negotiating, and implementing a Business Combination.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has until May 12, 2028 (the “Combination Period”) to complete a Business Combination. If the Company is unable to complete a Business Combination prior to May 12, 2028, the Company will cease all operations except for the purpose of winding up, redeeming the public shares, and dissolving. As of September 30, 2025, the Trust Account held $<span id="xdx_90A_ecustom--TrustAccountHeld_iI_c20250930_zXNkYbgul9hj" title="Trust account held">322,083</span> (excluding $<span id="xdx_901_ecustom--PayableToRedeemingShareholders_iI_c20250930_zHXfTZnyt359" title="Payable to redeeming shareholders">155,957</span> payable to redeeming shareholders), comprising remaining funds from prior extension contributions and accumulated interest.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Liquidity, Capital Resources, and Going Concern Consideration</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025, the Company had $<span id="xdx_90C_eus-gaap--CashAndCashEquivalentsAtCarryingValue_iI_c20250930_zhRvPTcfBzV9" title="Cash">1</span> in cash and a working capital deficit of $<span id="xdx_903_ecustom--WorkingCapitalDeficit_iI_c20250930_z1orP6EPDX6g" title="Working capital deficit">173,333</span>. The Paid-Off Liabilities and Written-Off Liabilities (each as defined in the Purchase Agreement) that existed as of June 30, 2025 were discharged or forgiven at or prior to the Payment Date. Following the closing, Samara has provided the Company with a Working Capital Loan vehicle for up to $<span id="xdx_905_ecustom--WorkingCapitalLoan_iI_c20250930_zAvUgCo60wfd" title="Working capital loan vehicle">300,000</span> to fund on-going operations. As of September 30, 2025, $<span id="xdx_900_eus-gaap--OtherShortTermBorrowings_iI_c20250930_zywic5cGkZi8" title="Working capital loan">4,194</span> was outstanding under the Samara’s Working Capital Loan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has incurred and expects to continue to incur significant costs in pursuit of a Business Combination. The Company lacks the financial resources required to sustain operations for one year from the issuance date of these financial statements and is dependent on Samara Special Opportunities to fund operating expenses and Trust Account extension contributions. There is no assurance that the Company will successfully consummate a Business Combination prior to May 12, 2028. Management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance date of these financial statements. Management’s plans to address these conditions include consummating the Business Combination prior to May 12, 2028 and obtaining additional financial support from Samara as needed; however, these plans are outside the Company’s control and accordingly substantial doubt has not been alleviated. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Risks and Uncertainties</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Recent Tax Legislation. </i>On July 4, 2025, the One Big Beautiful Bill Act (the “OBBBA”) was signed into law. ASC 740 requires the effects of changes in tax laws to be recognized in the period in which legislation is enacted. The Company has evaluated the OBBBA and concluded that none of its provisions has a material impact on the Company’s financial statements, consistent with the Company’s status as a Cayman Islands exempted company with no U.S. or other jurisdictional tax exposure (see Income Taxes above).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Inflation Reduction Act of 2022 (the “IRA”) imposes a <span id="xdx_90E_ecustom--PercentageOfExciseTax_dp_c20220830__20220831_z93E4EHDAGYi" title="Percentage of excise tax.">1%</span> excise tax on the fair market value of stock repurchased by U.S. domestic corporations whose stock is traded on an established securities market, beginning in 2023, with certain exceptions (the “Excise Tax”). The Company is a Cayman Islands exempted company and is not a U.S. domestic corporation for U.S. federal income tax purposes, and therefore the Excise Tax does not apply to the Company’s redemptions of its Class A ordinary shares. Treasury regulations and IRS guidance addressing the application of the Excise Tax to non-U.S. corporations and to redemptions occurring in connection with business combinations remain subject to interpretation, and the Company will continue to monitor developments. As of September 30, 2025, the Company has not recognized any liability for Excise Tax, including with respect to the August 2024 and May 2025 redemptions of its Class A ordinary shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>Macroeconomic and Geopolitical Conditions</i>. Macroeconomic, geopolitical, and trade-policy developments, including U.S. tariff policies, U.S.-China trade tensions, and ongoing geopolitical conflicts, may adversely affect the Company’s ability to consummate a Business Combination and the operations of any target business. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 2021-02-19 22500000 10.00 225000000 3375000 33750000 16087500 1.00 16087500 16085554 10.74 172774717 9789446 100000 0.025 8314066 11.48 95447584 1475380 50000 1449359 12.09 17521050 On April 28, 2026, the Company filed a definitive information statement on Schedule 14C in connection with an upcoming extraordinary general meeting of its shareholders to be held on May 14, 2026 (the “2026 Extraordinary General Meeting”) to, among other things, (i) extend the Initial Business Combination period from May 12, 2027 to May 12, 2028 (the “Extended Combination Period”), and (ii) change the Company’s name from “Investcorp AI Acquisition Corp.” to “Libity.” At the 2026 Extraordinary General Meeting, the Company’s shareholders approved the proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association to give the Company the right to extend the date by which it has to consummate a business combination from May 12, 2027 to May 12, 2028 and change the Company name to Libity. At the 2026 Extraordinary General Meeting, holders of 11,896 shares of Class A ordinary shareholders exercised their right to redemption at a per share redemption price of approximately $12.84, for an aggregate redemption amount of approximately $152,721. Following the redemption, the Company had a total of 14,125 shares of Class A ordinary shares outstanding. 4528124 11261250 1.00 1940625 4826250 322083 155957 1 173333 300000 4194 0.01 <p id="xdx_807_eus-gaap--SignificantAccountingPoliciesTextBlock_zJf0sobzP2I4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 2. <span id="xdx_828_zMtTKhKYwZdc">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_849_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zedAD5bEpvhj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zk5kPqfLlrf1">Basis of Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by the U.S. GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement of the balances and results for the periods presented. They should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on April 16, 2025. The interim results for the three and nine months ended September 30, 2025 are not necessarily indicative of the results that may be expected through December 31, 2025 or for any future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_841_ecustom--SponsorDebtForgivenessandCapitalContribution_zxbqMBGOkZha" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86D_zi6sHZugUPZe">Sponsor Debt Forgiveness and Capital Contribution</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In connection with the Purchase Agreement, the Original Sponsor agreed to the discharge and forgiveness of all related-party balances owed by the Company to the Original Sponsor as of the Payment Date. These balances included: (i) Working Capital Loan of $<span id="xdx_90C_ecustom--WorkingCapitalEarningsDeficit_iI_c20250930_zWbEBTVp1np4" title="Working capital loan">2,836,172</span>; (ii) Convertible Promissory Note of $<span id="xdx_900_ecustom--ConvertiblePromissoryNote_iI_c20250930_zhiApvjv9Bcd" title="Convertible promissory note">1,650,000</span>; (iii) amounts Due to Sponsor of $<span id="xdx_90E_ecustom--DueToSponsor_iI_c20250930_zJKEcp5KYYH1" title="Due to sponsor">161,324</span>; and (iv) accrued Administrative Services Fee of $<span id="xdx_90A_eus-gaap--AdministrativeFeePayable_iI_c20250930_zsffMLLXCZKf" title="Administrative services fee">270,000</span>. In addition, the Original Sponsor paid $<span id="xdx_908_ecustom--PaidByOriginalSponsor_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zQNu4dtOof9i" title="Paid by original sponsor">126,365</span> of the Paid-Off Liabilities (totaling approximately $<span id="xdx_905_eus-gaap--OtherLiabilities_iI_c20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z3pHwwMIKCI4" title="Liabilities">1,118,982</span>), on behalf of the Company, while the Company paid $<span id="xdx_903_ecustom--PaidOnBehalfOfCompany_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_za2Ou8Vh4Hvc" title="Paid on behalf of company">977,226</span>. The aggregate forgiveness and payment of $<span id="xdx_909_ecustom--SponsorDebtForgivenessCapitalContribution_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zqjhKE7Dqqnj" title="Capital contribution">5,043,861</span> have been recorded as a capital contribution and credited to additional paid-in capital in the period ended September 30, 2025, in accordance with ASC 470-50 and ASC 850 as a related-party transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_ecustom--EmergingGrowthCompanyPolicyTextBlock_zBuYbYFQFmk9" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_861_zZiQdZrwEqq4">Emerging Growth Company</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is an emerging growth company (an “EGC”) under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Section 102(b)(1) of the JOBS Act permits EGCs to delay adoption of new or revised financial accounting standards until those standards are required to be applied to private companies. The JOBS Act allows an EGC to irrevocably opt out of this extended transition period, but the Company has elected not to opt out. Accordingly, when a new or revised accounting standard has different effective dates for public and private companies, the Company will adopt the standard on the private-company effective date. As a result, the Company’s financial statements may not be comparable to those of public companies that are required to comply with public-company effective dates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zIOjBo9SPDT1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_865_zJaVt88EV4Vk">Concentration of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage (“FDIC”) limit of $<span id="xdx_903_eus-gaap--CashFDICInsuredAmount_iI_c20250930_zzCUDyC8dct1">250,000</span>. As of September 30, 2025 and December 31, 2024, the Company had $<span id="xdx_90A_eus-gaap--Cash_iI_c20250930_z4GPwh2EpkA">1 </span>and $<span id="xdx_900_eus-gaap--Cash_iI_c20241231_zfj5HlKVa0S8">1,032,598 </span>in cash in the bank account, respectively. However, the Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_843_eus-gaap--UseOfEstimates_z3DWWhLLPmkj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_z49Wb2foMDF3">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The preparation of unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zSZKbTvV9s7d" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zfyiMC5zETAk">Cash and Cash Equivalents</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had $<span id="xdx_90A_eus-gaap--Cash_iI_c20250930_z4pGefQhudc1" title="Cash">1</span> and $<span id="xdx_900_eus-gaap--Cash_iI_c20241231_zOGziTwB7jU6" title="Cash">1,032,598</span> of cash and <span id="xdx_90D_eus-gaap--CashEquivalentsAtCarryingValue_iI_do_c20250930_ziKLvUcBA1K" title="Cash equivalents"><span id="xdx_905_eus-gaap--CashEquivalentsAtCarryingValue_iI_do_c20241231_zXm3CvvUXYk9" title="Cash equivalents">no</span></span> cash equivalents as of September 30, 2025, and December 31, 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84C_eus-gaap--InvestmentPolicyTextBlock_z0MW7CjhNm17" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zgztF65jZVK9">Investments Held in Trust Account</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025 and December 31, 2024, the Company had $<span id="xdx_905_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20250930_zRTON0pySoll" title="Investments held in trust account">478,040</span> and $<span id="xdx_90E_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20241231_zIYAIkA89b64" title="Investments held in trust account">17,518,993</span>, respectively, held in money market funds, which are invested primarily in U.S. Treasury Securities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--IncomeTaxPolicyTextBlock_zw5I6a7XB84h" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_z2e0yJ1FYnW1">Income Taxes</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is a Cayman Islands exempted company. Under current Cayman Islands law, the Company is not subject to income, withholding, or capital gains taxes. The Company is not currently subject to income taxation in any other jurisdiction. Accordingly, no provision for income taxes has been recognized in the financial statements, and there are no deferred tax assets, deferred tax liabilities, or unrecognized tax benefits as of September 30, 2025 or December 31, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--EarningsPerSharePolicyTextBlock_zej2cLR0Yhei" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86F_zQkUksH2txXl">Net Income (loss) Per Ordinary Share</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has two classes of ordinary shares — Class A and Class B — which share pro rata in the Company’s net income or loss. Net income or loss per ordinary share is calculated by dividing net income or loss allocable to each class by the weighted average number of shares of that class outstanding during the period. Diluted net income or loss per share is the same as basic, because the warrants are not exercisable until the consummation of a Business Combination and therefore are not included in the calculation of diluted earnings per share. Accretion of redeemable Class A ordinary shares to redemption value is excluded from the numerator because the redemption value approximates the carrying amount.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables reflect the calculation of basic and diluted net (loss) income per ordinary share (in dollars, except share amounts) for the three and nine months ended September 30, 2025 and 2024:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zePEUyEuWEBj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B0_zNLcG0viqQH5" style="display: none">Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Three Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/> Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net loss</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPoY3pQVCcjf" title="Allocation of net loss">(27</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90E_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJNKIUilLTHj" title="Allocation of net loss">(6,796</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdOuhpPgNOTd" title="Allocation of net loss">(103,889</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zpN1lmYhH3G5" title="Allocation of net loss">(125,349</span></td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">26,021</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zwcwZTxvrGui" title="Weighted average shares outstanding, basic"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zhg3wnA3IVsh" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">5,361,302</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zlXCoU3EhlH" title="Weighted average shares outstanding, basic"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ehxtFd6vi7" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zZV6orgweMr8" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ctZiaOqGx6" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_znu9wVseKbJk" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJrtvxQn3hrg" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zrS63QQ5OuU2" title="Basic net (loss) income per ordinary share"><span id="xdx_90E_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zfhYk94yb858" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Nine Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net (loss) income</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt4dAcDuk4F5" title="Allocation of net loss">(60,694</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zq49aTAbi2u2" title="Allocation of net loss">(556,446</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_905_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPRpcgpvQych" title="Allocation of net loss">1,003,880</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_901_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zdmhYmarN3P3" title="Allocation of net loss">782,658</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdCEW5HKZVp" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zsJVlbHz5Ijf" title="Weighted average shares outstanding, diluted">705,574</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_ztdfyFrJpLge" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zToFtuXtkkZ9" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhvwO0fA3m57" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_ztevPC4FC0S6" title="Weighted average shares outstanding, diluted">8,297,178</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJ6yYfQ1Wg25" title="Weighted average shares outstanding, basic"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zB85xjHQ5fgd" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90C_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7hPIepV44Bb" title="Basic net (loss) income per ordinary share"><span id="xdx_90A_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zlPp0OGVC7a9" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90B_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zphfj9uAWsFb" title="Basic net (loss) income per ordinary share"><span id="xdx_904_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zm7bTy4bF4v3" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_900_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_90B_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_903_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zLzcP8n6phN1" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zMhqDDQT7Kzb" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A5_zvpB33XhAkok" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_ecustom--CommonStockSubjectToPossibleRedemptionPolicyTextBlock_zK7o02jJ9NS2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zmXN6coUxfs6">Class A Ordinary Shares Subject to Possible Redemption</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for its Class A ordinary shares subject to possible redemption under ASC 480, Distinguishing Liabilities from Equity. Class A ordinary shares with redemption rights that are outside the Company’s sole control are classified as temporary equity. As of September 30, 2025 and December 31, 2024, <span id="xdx_90A_eus-gaap--TemporaryEquitySharesIssued_iI_c20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgWaqC9U0Glg" title="Temporary Equity, Shares Issued">26,021</span> and <span id="xdx_903_eus-gaap--TemporaryEquitySharesIssued_c20241231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Temporary Equity, Shares Issued">1,475,380</span> Class A ordinary shares, respectively, were classified as temporary equity and presented outside of the shareholders’ equity section of the balance sheet, because the related redemption rights are subject to uncertain future events outside the Company’s control.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Changes in redemption value are recognized immediately as they occur, and the carrying value of redeemable Class A ordinary shares is adjusted to equal the redemption value at the end of each reporting period. Such changes are recorded as charges against additional paid-in capital (to the extent available) and thereafter against accumulated deficit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025, the Class A ordinary shares subject to possible redemption reflected in the balance sheet is reconciled in the following table:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ReconciledOfCommonStockReflectedInBalanceSheetTableTextBlock_zrQ2N1VHiw8g" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zPtmNbxzcBta" style="display: none">Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in Balance Sheet</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_989_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20240101__20241231_z5jv0yTjK0r1" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Common stock subject to possible redemption">108,031,746</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_987_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20240101__20241231_zEb0VmNFzQ2h" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,934,831</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Shares redeemed in August 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98F_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20240101__20241231_zjeqfDDF0iu9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(95,447,584</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98F_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250101__20250331_zkRBsPhylzg9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,518,993</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250101__20250331_zQv0IZO5w02a" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">333,580</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98C_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250401__20250630_zQ99DcJ30VDl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,852,573</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares redeemed in May 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20250401__20250630_zQn5oY6ouwle" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(17,521,050</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250401__20250630_zr00rzMc1zYl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">141,623</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Class A ordinary shares subject to possible redemption at June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_986_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250701__20250930_zKr6z2KduwHh" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">473,146</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Redeeming shareholders payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_ecustom--RedeemingShareholdersPayables_iN_di_c20250701__20250930_zBRoR4dVgVll" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Redeeming shareholders payable">(155,957</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250701__20250930_z3Lzd7waNyMe" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,894</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Class A ordinary shares subject to possible redemption at September 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_980_ecustom--CommonStockSubjectToPossibleRedemption_iE_c20250701__20250930_zAR9UU0RtPYa" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">322,083</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1.25pt"> </td> </tr> </table> <p id="xdx_8A3_zoFBEtIH7sX4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_844_ecustom--WarrantsLiabilityPolicyTextBlock_zaWe36zkOC63" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_868_zqbiE2MldGg7">Warrant Liability</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable guidance under ASC 480 and ASC 815, Derivatives and Hedging. The assessment considers whether the warrants are freestanding financial instruments under ASC 480 that meet the definition of a liability, and whether the warrants meet the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares. This assessment is performed at issuance and at each subsequent reporting date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Warrants that qualify for equity classification are recorded as a component of additional paid-in capital at issuance. Warrants that do not qualify for equity classification are recorded as liabilities at fair value, with subsequent changes in fair value recognized in the statements of operations as a non-cash gain or loss. The fair value of the warrants is estimated using a binomial option pricing model (see Note 9).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--DerivativesPolicyTextBlock_zgrzKtzTyA8c" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86C_z8NPEfrJYtB1">Derivative Financial Instruments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company evaluates its financial instruments under ASC Topic 815 to determine whether they are derivatives or contain embedded derivative features. Derivative instruments classified as liabilities are initially recorded at fair value on the grant date and remeasured at each reporting date, with changes in fair value recognized in the statements of operations. The classification of derivative instruments as liabilities or equity is reassessed at each reporting date. Derivative liabilities are presented as current or non-current based on whether net cash settlement or conversion could be required within 12 months of the balance sheet date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_eus-gaap--SegmentReportingPolicyPolicyTextBlock_z5AebOTrRQcc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86B_zfgylvXznE8c">Operating Segments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company operates as a single reportable segment. <span id="xdx_90C_eus-gaap--SegmentReportingCodmProfitLossMeasureHowUsedDescription_c20250101__20250930_zVPbQd62QMv1" title="Operating segments, description">The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer, who reviews the Company’s financial information on a consolidated basis to allocate resources and assess performance.</span> Because the Company is managed as a single business, separate financial information is not maintained for any divisions or subunits. Refer to Note 10 — Segment Information for the Company’s segment reporting disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zam6aWEAdR2b" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_z1ZMTTuZXSEh">Recently Issued Accounting Standards</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional quantitative and qualitative income tax disclosures to enable financial statements users better assess how an entity’s operations and related tax risks and tax planning and operational opportunities affect its tax rate and prospects for future cash flows. For public business entities, ASU 2023-09 is effective for annual periods beginning after December 15, 2024, which will be fiscal 2025. Management expects the adoption of this guidance to result in disclosure changes only.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_849_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zedAD5bEpvhj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zk5kPqfLlrf1">Basis of Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by the U.S. GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement of the balances and results for the periods presented. They should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on April 16, 2025. The interim results for the three and nine months ended September 30, 2025 are not necessarily indicative of the results that may be expected through December 31, 2025 or for any future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_841_ecustom--SponsorDebtForgivenessandCapitalContribution_zxbqMBGOkZha" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86D_zi6sHZugUPZe">Sponsor Debt Forgiveness and Capital Contribution</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In connection with the Purchase Agreement, the Original Sponsor agreed to the discharge and forgiveness of all related-party balances owed by the Company to the Original Sponsor as of the Payment Date. These balances included: (i) Working Capital Loan of $<span id="xdx_90C_ecustom--WorkingCapitalEarningsDeficit_iI_c20250930_zWbEBTVp1np4" title="Working capital loan">2,836,172</span>; (ii) Convertible Promissory Note of $<span id="xdx_900_ecustom--ConvertiblePromissoryNote_iI_c20250930_zhiApvjv9Bcd" title="Convertible promissory note">1,650,000</span>; (iii) amounts Due to Sponsor of $<span id="xdx_90E_ecustom--DueToSponsor_iI_c20250930_zJKEcp5KYYH1" title="Due to sponsor">161,324</span>; and (iv) accrued Administrative Services Fee of $<span id="xdx_90A_eus-gaap--AdministrativeFeePayable_iI_c20250930_zsffMLLXCZKf" title="Administrative services fee">270,000</span>. In addition, the Original Sponsor paid $<span id="xdx_908_ecustom--PaidByOriginalSponsor_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zQNu4dtOof9i" title="Paid by original sponsor">126,365</span> of the Paid-Off Liabilities (totaling approximately $<span id="xdx_905_eus-gaap--OtherLiabilities_iI_c20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z3pHwwMIKCI4" title="Liabilities">1,118,982</span>), on behalf of the Company, while the Company paid $<span id="xdx_903_ecustom--PaidOnBehalfOfCompany_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_za2Ou8Vh4Hvc" title="Paid on behalf of company">977,226</span>. The aggregate forgiveness and payment of $<span id="xdx_909_ecustom--SponsorDebtForgivenessCapitalContribution_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zqjhKE7Dqqnj" title="Capital contribution">5,043,861</span> have been recorded as a capital contribution and credited to additional paid-in capital in the period ended September 30, 2025, in accordance with ASC 470-50 and ASC 850 as a related-party transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 2836172 1650000 161324 270000 126365 1118982 977226 5043861 <p id="xdx_846_ecustom--EmergingGrowthCompanyPolicyTextBlock_zBuYbYFQFmk9" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_861_zZiQdZrwEqq4">Emerging Growth Company</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is an emerging growth company (an “EGC”) under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Section 102(b)(1) of the JOBS Act permits EGCs to delay adoption of new or revised financial accounting standards until those standards are required to be applied to private companies. The JOBS Act allows an EGC to irrevocably opt out of this extended transition period, but the Company has elected not to opt out. Accordingly, when a new or revised accounting standard has different effective dates for public and private companies, the Company will adopt the standard on the private-company effective date. As a result, the Company’s financial statements may not be comparable to those of public companies that are required to comply with public-company effective dates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zIOjBo9SPDT1" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_865_zJaVt88EV4Vk">Concentration of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage (“FDIC”) limit of $<span id="xdx_903_eus-gaap--CashFDICInsuredAmount_iI_c20250930_zzCUDyC8dct1">250,000</span>. As of September 30, 2025 and December 31, 2024, the Company had $<span id="xdx_90A_eus-gaap--Cash_iI_c20250930_z4GPwh2EpkA">1 </span>and $<span id="xdx_900_eus-gaap--Cash_iI_c20241231_zfj5HlKVa0S8">1,032,598 </span>in cash in the bank account, respectively. However, the Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 250000 1 1032598 <p id="xdx_843_eus-gaap--UseOfEstimates_z3DWWhLLPmkj" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_863_z49Wb2foMDF3">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The preparation of unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zSZKbTvV9s7d" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_867_zfyiMC5zETAk">Cash and Cash Equivalents</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had $<span id="xdx_90A_eus-gaap--Cash_iI_c20250930_z4pGefQhudc1" title="Cash">1</span> and $<span id="xdx_900_eus-gaap--Cash_iI_c20241231_zOGziTwB7jU6" title="Cash">1,032,598</span> of cash and <span id="xdx_90D_eus-gaap--CashEquivalentsAtCarryingValue_iI_do_c20250930_ziKLvUcBA1K" title="Cash equivalents"><span id="xdx_905_eus-gaap--CashEquivalentsAtCarryingValue_iI_do_c20241231_zXm3CvvUXYk9" title="Cash equivalents">no</span></span> cash equivalents as of September 30, 2025, and December 31, 2024, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 1 1032598 0 0 <p id="xdx_84C_eus-gaap--InvestmentPolicyTextBlock_z0MW7CjhNm17" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86A_zgztF65jZVK9">Investments Held in Trust Account</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025 and December 31, 2024, the Company had $<span id="xdx_905_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20250930_zRTON0pySoll" title="Investments held in trust account">478,040</span> and $<span id="xdx_90E_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20241231_zIYAIkA89b64" title="Investments held in trust account">17,518,993</span>, respectively, held in money market funds, which are invested primarily in U.S. Treasury Securities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 478040 17518993 <p id="xdx_846_eus-gaap--IncomeTaxPolicyTextBlock_zw5I6a7XB84h" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_862_z2e0yJ1FYnW1">Income Taxes</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company is a Cayman Islands exempted company. Under current Cayman Islands law, the Company is not subject to income, withholding, or capital gains taxes. The Company is not currently subject to income taxation in any other jurisdiction. Accordingly, no provision for income taxes has been recognized in the financial statements, and there are no deferred tax assets, deferred tax liabilities, or unrecognized tax benefits as of September 30, 2025 or December 31, 2024.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_847_eus-gaap--EarningsPerSharePolicyTextBlock_zej2cLR0Yhei" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86F_zQkUksH2txXl">Net Income (loss) Per Ordinary Share</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company has two classes of ordinary shares — Class A and Class B — which share pro rata in the Company’s net income or loss. Net income or loss per ordinary share is calculated by dividing net income or loss allocable to each class by the weighted average number of shares of that class outstanding during the period. Diluted net income or loss per share is the same as basic, because the warrants are not exercisable until the consummation of a Business Combination and therefore are not included in the calculation of diluted earnings per share. Accretion of redeemable Class A ordinary shares to redemption value is excluded from the numerator because the redemption value approximates the carrying amount.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following tables reflect the calculation of basic and diluted net (loss) income per ordinary share (in dollars, except share amounts) for the three and nine months ended September 30, 2025 and 2024:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zePEUyEuWEBj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B0_zNLcG0viqQH5" style="display: none">Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Three Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/> Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net loss</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPoY3pQVCcjf" title="Allocation of net loss">(27</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90E_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJNKIUilLTHj" title="Allocation of net loss">(6,796</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdOuhpPgNOTd" title="Allocation of net loss">(103,889</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zpN1lmYhH3G5" title="Allocation of net loss">(125,349</span></td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">26,021</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zwcwZTxvrGui" title="Weighted average shares outstanding, basic"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zhg3wnA3IVsh" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">5,361,302</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zlXCoU3EhlH" title="Weighted average shares outstanding, basic"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ehxtFd6vi7" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zZV6orgweMr8" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ctZiaOqGx6" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_znu9wVseKbJk" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJrtvxQn3hrg" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zrS63QQ5OuU2" title="Basic net (loss) income per ordinary share"><span id="xdx_90E_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zfhYk94yb858" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Nine Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net (loss) income</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt4dAcDuk4F5" title="Allocation of net loss">(60,694</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zq49aTAbi2u2" title="Allocation of net loss">(556,446</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_905_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPRpcgpvQych" title="Allocation of net loss">1,003,880</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_901_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zdmhYmarN3P3" title="Allocation of net loss">782,658</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdCEW5HKZVp" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zsJVlbHz5Ijf" title="Weighted average shares outstanding, diluted">705,574</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_ztdfyFrJpLge" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zToFtuXtkkZ9" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhvwO0fA3m57" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_ztevPC4FC0S6" title="Weighted average shares outstanding, diluted">8,297,178</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJ6yYfQ1Wg25" title="Weighted average shares outstanding, basic"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zB85xjHQ5fgd" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90C_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7hPIepV44Bb" title="Basic net (loss) income per ordinary share"><span id="xdx_90A_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zlPp0OGVC7a9" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90B_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zphfj9uAWsFb" title="Basic net (loss) income per ordinary share"><span id="xdx_904_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zm7bTy4bF4v3" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_900_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_90B_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_903_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zLzcP8n6phN1" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zMhqDDQT7Kzb" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A5_zvpB33XhAkok" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_zePEUyEuWEBj" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><span id="xdx_8B0_zNLcG0viqQH5" style="display: none">Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share</span></td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Three Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/> Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net loss</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPoY3pQVCcjf" title="Allocation of net loss">(27</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90E_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJNKIUilLTHj" title="Allocation of net loss">(6,796</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90A_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdOuhpPgNOTd" title="Allocation of net loss">(103,889</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_906_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zpN1lmYhH3G5" title="Allocation of net loss">(125,349</span></td> <td style="width: 1%; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">26,021</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zwcwZTxvrGui" title="Weighted average shares outstanding, basic"><span id="xdx_90B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zhg3wnA3IVsh" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_904_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Weighted average shares outstanding, diluted">5,361,302</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90C_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zlXCoU3EhlH" title="Weighted average shares outstanding, basic"><span id="xdx_906_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ehxtFd6vi7" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net loss per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_909_eus-gaap--EarningsPerShareBasic_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zZV6orgweMr8" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20250701__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_z5ctZiaOqGx6" title="Diluted net (loss) income per ordinary share">(0.00</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_znu9wVseKbJk" title="Basic net (loss) income per ordinary share"><span id="xdx_903_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zJrtvxQn3hrg" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90E_eus-gaap--EarningsPerShareBasic_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zrS63QQ5OuU2" title="Basic net (loss) income per ordinary share"><span id="xdx_90E_eus-gaap--EarningsPerShareDiluted_c20240701__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zfhYk94yb858" title="Diluted net (loss) income per ordinary share">(0.02</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="14" style="border-bottom: Black 1pt solid; text-align: center"><b>For the Nine Months Ended <br/> September 30,</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2025</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>2024</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A<br/>Ordinary<br/>Redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td style="padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; text-align: center"><b>Class A and B<br/>Ordinary<br/> Non-redeemable<br/>Shares</b></td> <td style="padding-bottom: 1pt"><b> </b></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Numerator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Allocation of net (loss) income</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_907_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zt4dAcDuk4F5" title="Allocation of net loss">(60,694</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_90B_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zq49aTAbi2u2" title="Allocation of net loss">(556,446</span></td> <td style="width: 1%; text-align: left">)</td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_905_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPRpcgpvQych" title="Allocation of net loss">1,003,880</span></td> <td style="width: 1%; text-align: left"> </td> <td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td> <td style="width: 9%; text-align: right"><span id="xdx_901_eus-gaap--NetIncomeLossAvailableToCommonStockholdersBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zdmhYmarN3P3" title="Allocation of net loss">782,658</span></td> <td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Denominator:</td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td> <td> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Basic and diluted weighted average shares outstanding</td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zdCEW5HKZVp" title="Weighted average shares outstanding, basic"><span id="xdx_901_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zsJVlbHz5Ijf" title="Weighted average shares outstanding, diluted">705,574</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90F_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_ztdfyFrJpLge" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zToFtuXtkkZ9" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zhvwO0fA3m57" title="Weighted average shares outstanding, basic"><span id="xdx_903_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_ztevPC4FC0S6" title="Weighted average shares outstanding, diluted">8,297,178</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td> <td style="border-bottom: Black 1pt solid; text-align: right"><span id="xdx_90A_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zJ6yYfQ1Wg25" title="Weighted average shares outstanding, basic"><span id="xdx_905_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zB85xjHQ5fgd" title="Weighted average shares outstanding, diluted">6,468,750</span></span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Basic and diluted net (loss) income per ordinary share</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90C_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7hPIepV44Bb" title="Basic net (loss) income per ordinary share"><span id="xdx_90A_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zlPp0OGVC7a9" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_90B_eus-gaap--EarningsPerShareBasic_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zphfj9uAWsFb" title="Basic net (loss) income per ordinary share"><span id="xdx_904_eus-gaap--EarningsPerShareDiluted_c20250101__20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zm7bTy4bF4v3" title="Diluted net (loss) income per ordinary share">(0.09</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left">)</td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_900_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Basic net (loss) income per ordinary share"><span id="xdx_90B_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td> <td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td> <td style="border-bottom: Black 2.5pt double; text-align: right"><span id="xdx_903_eus-gaap--EarningsPerShareBasic_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zLzcP8n6phN1" title="Basic net (loss) income per ordinary share"><span id="xdx_901_eus-gaap--EarningsPerShareDiluted_c20240101__20240930__us-gaap--StatementClassOfStockAxis__custom--ClassAAndClassBOrdinaryNonRedeemableSharesMember_zMhqDDQT7Kzb" title="Diluted net (loss) income per ordinary share">0.12</span></span></td> <td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> -27 -6796 -103889 -125349 26021 26021 6468750 6468750 5361302 5361302 6468750 6468750 -0.00 -0.00 -0.00 -0.00 -0.02 -0.02 -0.02 -0.02 -60694 -556446 1003880 782658 705574 705574 6468750 6468750 8297178 8297178 6468750 6468750 -0.09 -0.09 -0.09 -0.09 0.12 0.12 0.12 0.12 <p id="xdx_84D_ecustom--CommonStockSubjectToPossibleRedemptionPolicyTextBlock_zK7o02jJ9NS2" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86E_zmXN6coUxfs6">Class A Ordinary Shares Subject to Possible Redemption</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for its Class A ordinary shares subject to possible redemption under ASC 480, Distinguishing Liabilities from Equity. Class A ordinary shares with redemption rights that are outside the Company’s sole control are classified as temporary equity. As of September 30, 2025 and December 31, 2024, <span id="xdx_90A_eus-gaap--TemporaryEquitySharesIssued_iI_c20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgWaqC9U0Glg" title="Temporary Equity, Shares Issued">26,021</span> and <span id="xdx_903_eus-gaap--TemporaryEquitySharesIssued_c20241231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Temporary Equity, Shares Issued">1,475,380</span> Class A ordinary shares, respectively, were classified as temporary equity and presented outside of the shareholders’ equity section of the balance sheet, because the related redemption rights are subject to uncertain future events outside the Company’s control.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Changes in redemption value are recognized immediately as they occur, and the carrying value of redeemable Class A ordinary shares is adjusted to equal the redemption value at the end of each reporting period. Such changes are recorded as charges against additional paid-in capital (to the extent available) and thereafter against accumulated deficit.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As of September 30, 2025, the Class A ordinary shares subject to possible redemption reflected in the balance sheet is reconciled in the following table:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ReconciledOfCommonStockReflectedInBalanceSheetTableTextBlock_zrQ2N1VHiw8g" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zPtmNbxzcBta" style="display: none">Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in Balance Sheet</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_989_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20240101__20241231_z5jv0yTjK0r1" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Common stock subject to possible redemption">108,031,746</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_987_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20240101__20241231_zEb0VmNFzQ2h" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,934,831</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Shares redeemed in August 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98F_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20240101__20241231_zjeqfDDF0iu9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(95,447,584</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98F_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250101__20250331_zkRBsPhylzg9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,518,993</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250101__20250331_zQv0IZO5w02a" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">333,580</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98C_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250401__20250630_zQ99DcJ30VDl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,852,573</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares redeemed in May 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20250401__20250630_zQn5oY6ouwle" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(17,521,050</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250401__20250630_zr00rzMc1zYl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">141,623</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Class A ordinary shares subject to possible redemption at June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_986_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250701__20250930_zKr6z2KduwHh" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">473,146</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Redeeming shareholders payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_ecustom--RedeemingShareholdersPayables_iN_di_c20250701__20250930_zBRoR4dVgVll" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Redeeming shareholders payable">(155,957</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250701__20250930_z3Lzd7waNyMe" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,894</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Class A ordinary shares subject to possible redemption at September 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_980_ecustom--CommonStockSubjectToPossibleRedemption_iE_c20250701__20250930_zAR9UU0RtPYa" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">322,083</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1.25pt"> </td> </tr> </table> <p id="xdx_8A3_zoFBEtIH7sX4" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 26021 1475380 <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ReconciledOfCommonStockReflectedInBalanceSheetTableTextBlock_zrQ2N1VHiw8g" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8BB_zPtmNbxzcBta" style="display: none">Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in Balance Sheet</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_989_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20240101__20241231_z5jv0yTjK0r1" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Common stock subject to possible redemption">108,031,746</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_987_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20240101__20241231_zEb0VmNFzQ2h" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,934,831</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Shares redeemed in August 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98F_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20240101__20241231_zjeqfDDF0iu9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(95,447,584</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98F_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250101__20250331_zkRBsPhylzg9" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,518,993</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250101__20250331_zQv0IZO5w02a" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">333,580</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Class A ordinary shares subject to possible redemption at March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98C_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250401__20250630_zQ99DcJ30VDl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">17,852,573</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Less:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Shares redeemed in May 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--PaymentsForRepurchaseOfCommonStock_iN_di_c20250401__20250630_zQn5oY6ouwle" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Shares redeemed">(17,521,050</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250401__20250630_zr00rzMc1zYl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">141,623</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #CCEEFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Class A ordinary shares subject to possible redemption at June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_986_ecustom--CommonStockSubjectToPossibleRedemption_iS_c20250701__20250930_zKr6z2KduwHh" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">473,146</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.25in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Plus:</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Redeeming shareholders payable</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_ecustom--RedeemingShareholdersPayables_iN_di_c20250701__20250930_zBRoR4dVgVll" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Redeeming shareholders payable">(155,957</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Accretion of carrying value to redemption value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--TemporaryEquityAccretionToRedemptionValueAdjustment_c20250701__20250930_z3Lzd7waNyMe" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Accretion of carrying value to redemption value">4,894</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Class A ordinary shares subject to possible redemption at September 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_980_ecustom--CommonStockSubjectToPossibleRedemption_iE_c20250701__20250930_zAR9UU0RtPYa" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Common stock subject to possible redemption">322,083</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1.25pt"> </td> </tr> </table> 108031746 4934831 95447584 17518993 333580 17852573 17521050 141623 473146 155957 4894 322083 <p id="xdx_844_ecustom--WarrantsLiabilityPolicyTextBlock_zaWe36zkOC63" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_868_zqbiE2MldGg7">Warrant Liability</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable guidance under ASC 480 and ASC 815, Derivatives and Hedging. The assessment considers whether the warrants are freestanding financial instruments under ASC 480 that meet the definition of a liability, and whether the warrants meet the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares. This assessment is performed at issuance and at each subsequent reporting date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Warrants that qualify for equity classification are recorded as a component of additional paid-in capital at issuance. Warrants that do not qualify for equity classification are recorded as liabilities at fair value, with subsequent changes in fair value recognized in the statements of operations as a non-cash gain or loss. The fair value of the warrants is estimated using a binomial option pricing model (see Note 9).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_846_eus-gaap--DerivativesPolicyTextBlock_zgrzKtzTyA8c" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86C_z8NPEfrJYtB1">Derivative Financial Instruments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company evaluates its financial instruments under ASC Topic 815 to determine whether they are derivatives or contain embedded derivative features. Derivative instruments classified as liabilities are initially recorded at fair value on the grant date and remeasured at each reporting date, with changes in fair value recognized in the statements of operations. The classification of derivative instruments as liabilities or equity is reassessed at each reporting date. Derivative liabilities are presented as current or non-current based on whether net cash settlement or conversion could be required within 12 months of the balance sheet date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_84D_eus-gaap--SegmentReportingPolicyPolicyTextBlock_z5AebOTrRQcc" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_86B_zfgylvXznE8c">Operating Segments</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company operates as a single reportable segment. <span id="xdx_90C_eus-gaap--SegmentReportingCodmProfitLossMeasureHowUsedDescription_c20250101__20250930_zVPbQd62QMv1" title="Operating segments, description">The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer, who reviews the Company’s financial information on a consolidated basis to allocate resources and assess performance.</span> Because the Company is managed as a single business, separate financial information is not maintained for any divisions or subunits. Refer to Note 10 — Segment Information for the Company’s segment reporting disclosures.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer, who reviews the Company’s financial information on a consolidated basis to allocate resources and assess performance. <p id="xdx_849_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zam6aWEAdR2b" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b><span id="xdx_869_z1ZMTTuZXSEh">Recently Issued Accounting Standards</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 requires additional quantitative and qualitative income tax disclosures to enable financial statements users better assess how an entity’s operations and related tax risks and tax planning and operational opportunities affect its tax rate and prospects for future cash flows. For public business entities, ASU 2023-09 is effective for annual periods beginning after December 15, 2024, which will be fiscal 2025. Management expects the adoption of this guidance to result in disclosure changes only.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Management does not believe that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_803_ecustom--InitialPublicOfferingTextBlock_zsSPXZ3oHK7f" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 3. <span id="xdx_825_z7o3fMNZc7fk">INITIAL PUBLIC OFFERING</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Initial Public Offering, the Company sold <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zX4rdXTdpY0i" title="Stock shares issued during the period, shares">22,500,000</span> Units in the base offering, plus an additional <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20250502__20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_pd" title="Stock shares issued during the period, shares">3,375,000</span> Units pursuant to the underwriter’s exercise of the over-allotment option in full, at a purchase price of $<span id="xdx_907_eus-gaap--SharesIssuedPricePerShare_iI_c20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zyqPlR48tfj1" title="Shares issued, price per share">10.00</span> per Unit. Each Unit consisted of one Class A ordinary share, $<span id="xdx_904_eus-gaap--CommonStockParOrStatedValuePerShare_c20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_pd" title="Common stock, par value per share">0.0001</span> par value, and one-half of one redeemable warrant (“Public Warrant”). Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250512__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember_zvvnbyif7Go5">11.50</span> per whole share (see Note 7).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 22500000 3375000 10.00 0.0001 11.50 <p id="xdx_800_ecustom--PrivatePlacementTextBlock_zGViSEZ2IJab" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 4. <span id="xdx_82B_zMDjps5y1nXb">PRIVATE PLACEMENT</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Original Sponsor purchased an aggregate of <span id="xdx_906_ecustom--ClassOfWarrantsAndRightsIssuedDuringThePeriod_c20250502__20250512__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zRPylmLwPdtb" title="Class of warrants and rights issued during the period">16,087,500</span> Private Placement Warrants at a price of $<span id="xdx_90C_ecustom--ClassOfWarrantsAndRightsIssuedPricePerWarrant_c20250502__20250512__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zO7wmjGAheX3" title="Class of warrants and rights issued price per warrant">1.00</span> per warrant in a private placement that closed simultaneously with the IPO. As a result of the Purchase Agreement, <span id="xdx_90A_ecustom--TemporaryEquitySharesSubjectToRedemption_c20250828__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_pd" title="Temporary equity shares subject to redemption">11,261,250</span> of these Private Placement Warrants were sold to Samara and <span id="xdx_90B_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zMyYPXI7GSmj" title="Temporary equity shares subject to redemption">4,826,250</span> are retained by the Original Sponsor. Each Private Placement Warrant is identical to the warrants offered in the IPO, except there will be no redemption rights or liquidating distributions from the trust account with respect to Private Placement Warrants, which will expire worthless if the Company does not consummate a Business Combination within the Combination Period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 16087500 1.00 11261250 4826250 <p id="xdx_80C_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zKr5T7uOhxWk" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 5. <span id="xdx_82E_zuS6NNywcgu2">RELATED PARTY TRANSACTIONS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Founder Shares and Change in Sponsorship</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On March 12, 2021, the Original Sponsor purchased <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesIssuedForServices_c20210301__20210312__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zGmJFoGMy5O" title="Issuance of Class B ordinary shares to Sponsor, shares">7,187,500</span> Class B ordinary shares (the “Founder Shares”) for an aggregate purchase price of $<span id="xdx_900_eus-gaap--StockIssuedDuringPeriodValueIssuedForServices_c20210301__20210312__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zhMe5c85K5vb" title="Issuance of Class B ordinary shares to Sponsor">25,000</span>. In March 2022, the Original Sponsor surrendered <span id="xdx_90F_ecustom--FounderSharesSurrenderedDuringPeriod_c20250502__20250512__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_z2xGLQ1zMn6a" title="Founder shares surrendered during period">718,750</span> Founder Shares, reducing its holdings to <span id="xdx_908_ecustom--FounderShares_iI_c20250331__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z5hbTUwPw2yc" title="Founder shares">6,468,750</span> Founder Shares. On August 12, 2024, the Original Sponsor converted <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesConversionOfUnits_c20240801__20240812__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_z8QcJ2FzblW2" title="Stock issued during period, shares, conversion of units">6,468,749</span> Founder Shares into Class A ordinary shares on a one-for-one basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On August 28, 2025, pursuant to the Purchase Agreement, the Original Sponsor sold <span id="xdx_906_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20250801__20250828__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zSR38WhscSod" title="Number of shares sold">4,528,124</span> Class A ordinary shares, 1 Class B ordinary share, and <span id="xdx_90A_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20250801__20250828__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zA4UaBYtuGBl" title="Number of shares sold">11,261,250</span> Private Placement Warrants to Samara Special Opportunities for an aggregate purchase price of $1.00. Following the closing, the Original Sponsor retained <span id="xdx_90D_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zaDwJ8QvUV0e" title="Number of shares sold">1,940,625</span> Class A ordinary shares and <span id="xdx_90E_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember_zDdGBOv9mx28" title="Number of shares sold">4,826,250</span> Private Placement Warrants (the “Retained Securities”), which the Original Sponsor has agreed not to sell until the closing of the Company’s initial Business Combination.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the letter agreement entered into in connection with the Initial Public Offering, the holders of the Founder Shares have agreed not to transfer, assign, or sell any of the Founder Shares (or the Class A ordinary shares into which they were converted) until the earlier of (i) one year after the completion of a Business Combination or (ii) the date on which the Company completes a liquidation, merger, share exchange, or similar transaction that results in the Company’s shareholders having the right to exchange their ordinary shares for cash, securities, or other property. Notwithstanding the foregoing, the Founder Shares will be released from the lock-up if the last reported sale price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations, and the like) for any 20 trading days within any 30-trading day period commencing at least 120 days after the Business Combination. In connection with the August 28, 2025 Purchase Agreement, Samara Special Opportunities assumed the lock-up obligations of the Original Sponsor with respect to the acquired Founder Shares, and the Original Sponsor remains subject to the lock-up with respect to its Retained Securities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Settlement and Forgiveness of Liabilities at Closing (Purchase Agreement)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In connection with the Purchase Agreement, effective as of August 29, 2025 (the “Payment Date”), the following related-party and third-party liabilities of the Company were paid or forgiven:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify; border-collapse: collapse"> <td style="width: 0.25in"></td> <td style="width: 0.25in; text-align: left">(i)</td> <td style="text-align: justify">Paid-Off Liabilities: The Company’s third-party liabilities totaling approximately $<span id="xdx_90C_eus-gaap--OtherLiabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zFO61hB3bFba" title="Paid off Liabilities">1,118,982</span>, including Winston &amp; Strawn LLP ($<span id="xdx_909_eus-gaap--Liabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--WinstonAndStrawnLLPMember_zbNyuPTPqwd6" title="Paid off Liabilities">846,172</span>), Continental Stock Transfer &amp; Trust Company ($<span id="xdx_901_eus-gaap--OtherLiabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--ContinentalStockTransferAndTrustMember_zzAPTeoiDXAg" title="Paid off Liabilities">76,982</span>), Donnelley Financial ($<span id="xdx_90B_eus-gaap--OtherLiabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--DonnelleyFinancialMember_zeVy9T9w3tvk" title="Paid off Liabilities">113,280</span>), and other vendors ($<span id="xdx_902_eus-gaap--OtherLiabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--OtherVendorsMember_zKMgNB8NItD1" title="Paid off Liabilities">82,548</span>). These amounts were recorded as accounts payable on the Company’s balance sheets. The Original Sponsor paid $<span id="xdx_908_ecustom--PaidByOriginalSponsor_c20250101__20250930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zMP6GQPS09N8" title="Paid by original sponsor">126,365</span> of these liabilities, which was recognized as a capital contribution to additional paid-in capital.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"> <tr style="vertical-align: top; text-align: justify; border-collapse: collapse"> <td style="width: 0.25in"></td> <td style="width: 0.25in; text-align: left">(ii)</td> <td style="text-align: justify">Written-Off Liabilities: The following related-party balances owed by the Company to the Original Sponsor were forgiven in full as of the Payment Date and recorded as capital contributions to additional paid-in capital: Working Capital Loan ($<span id="xdx_905_ecustom--WorkingCapitalLoan_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zGjFhuy7wMG3" title="Working capital loan">2,836,172</span>), Convertible Promissory Note—Sponsor ($<span id="xdx_90B_ecustom--ConvertiblePromissoryNote_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_ztxiBDRDZZFi" title="Convertible Promissory Note">1,650,000</span>), Due to Sponsor ($<span id="xdx_904_ecustom--DueToSponsor_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zoMgMSQStbSg" title="Due to Sponsor">161,324</span>), and accrued Administrative Services Fee ($<span id="xdx_905_eus-gaap--AdministrativeFeePayable_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zCffpxjJBYhb" title="Administrative services fee">270,000</span>). The aggregate of the forgiven balances totaling $<span id="xdx_907_ecustom--ForgivenBalances_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z5CvYiZcMhga" title="Forgiven balances">4,917,496</span>, together with $<span id="xdx_90C_ecustom--WrittenOffLiabilities_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zlW5Dr7X9XU9" title="Written off Liabilities">126,365</span> of the Paid-Off Liabilities funded directly by the Original Sponsor, represents a total capital contribution to additional paid-in capital of $<span id="xdx_905_ecustom--CapitalContribution_iI_c20250829__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_z9UdViY2Nd1e" title="Capital contribution">5,043,861</span>.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Working Capital Loan – Samara Special Opportunities (New Sponsor)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Following the closing of the Purchase Agreement, Samara Special Opportunities, as the New Sponsor, provided the Company with a Working Capital Loan of up to $<span id="xdx_902_ecustom--WorkingCapitalLoan_iI_c20250930_zXiKrV2qz10b" title="Working capital loan">300,000</span> to fund ongoing operating expenses in connection with the Company’s search for a Business Combination. As of September 30, 2025, there was $<span id="xdx_90C_ecustom--PromissoryNoteNewSponsor_iI_pp0d_c20250930_zzAFXkv7vgZ9" title="Promissory note new sponsor">4,194</span> outstanding under the Samara Working Capital Loan. The Samara Working Capital Loan is non-interest bearing and repayable upon the earlier of (i) the date on which Company consummates its initial business combination or (ii) the date on which Company determines to cease pursuing a business combination.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 7187500 25000 718750 6468750 6468749 4528124 11261250 1940625 4826250 1118982 846172 76982 113280 82548 126365 2836172 1650000 161324 270000 4917496 126365 5043861 300000 4194 <p id="xdx_80F_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_zlZOl07aOwLh" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 6. <span id="xdx_82E_zx4OF1dlhHLf">COMMITMENTS AND CONTINGENCIES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Registration Rights</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Pursuant to the Registration Rights Agreement dated May 12, 2022, the holders of Founder Shares and Private Placement Warrants will have registration rights. Samara Special Opportunities has joined the Registration Rights Agreement pursuant to a joinder executed in connection with the Purchase Agreement, and will receive the same registration rights as previously held by the Original Sponsor with respect to the Transferred Securities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p id="xdx_80D_eus-gaap--DerivativesAndFairValueTextBlock_zPiCPjelGND6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 7. <span id="xdx_823_zuoStN8czuk">WARRANT LIABILITY</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company accounts for the <span id="xdx_900_ecustom--ClassOfWarrantsAndRightsIssuedDuringThePeriod_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zKCPhNjE9O2h" title="Class of warrants and rights issued during the period">29,025,000</span> warrants issued in connection with the Initial Public Offering (<span id="xdx_907_ecustom--ClassOfWarrantsAndRightsIssuedDuringThePeriod_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PrivatePlacementWarrantsMember_zMZRDVjT4Mjk" title="Class of warrants and rights issued during the period">16,087,500</span> Private Placement Warrants and <span id="xdx_905_ecustom--ClassOfWarrantsAndRightsIssuedDuringThePeriod_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember_z8p41oUY2h4h" title="Class of warrants and rights issued during the period">12,937,500</span> Public Warrants) as liabilities under ASC 815-40, <i>Derivatives and Hedging</i>, because the warrants are not considered indexed to the Company’s own stock. The warrants are measured at fair value at each reporting date, with changes in fair value recognized in the statement of operations. The Company will continue to remeasure the warrants until the earlier of their exercise or expiration, at which time the related warrant liability will be reclassified to additional paid-in capital.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Public Warrants may only be exercised for a whole number of shares; no fractional shares will be issued. The Public Warrants will become exercisable <span id="xdx_903_ecustom--PeriodToExerciseWarrantsAfterBusinessCombination_dtD_c20250101__20250930_zfoeaCmsduRi" title="Period to exercise warrants after business combination">30</span> days after the consummation of a Business Combination and will expire five years thereafter or earlier upon redemption or liquidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company will not be obligated to deliver Class A ordinary shares upon exercise of a Public Warrant unless a registration statement under the Securities Act covering the issuance of the underlying shares is then effective and a current prospectus is available, and unless the issuance is registered or qualified under the securities laws of the state of the exercising holder (or an exemption is available).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Within <span id="xdx_906_ecustom--PeriodToExerciseWarrantsAfterBusinessCombination_dtD_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember_z6orqs0V5sp1" title="Period to exercise warrants after business combination">15</span> business days after the closing of a Business Combination, the Company has agreed to use its best efforts to file a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants and to maintain its effectiveness, with a current prospectus, until the warrants expire or are redeemed. If a registration statement covering such shares is not effective by the 60th business day after the closing, holders may exercise on a cashless basis under Section 3(a)(9) of the Securities Act or another available exemption until effectiveness is restored.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Redemption of warrants when the price per Class A ordinary share equals or exceeds $<span id="xdx_905_eus-gaap--SharePrice_iI_c20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember__us-gaap--ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsEighteenPointZeroZeroMember_zAJMCAcsLX1l" title="Share price">18.00</span>. Once the Public Warrants become exercisable, the Company may redeem the Public Warrants in whole and not in part, at $<span id="xdx_90B_ecustom--ClassOfWarrantOrRightRedemptionPrice_iI_c20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember__us-gaap--ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsEighteenPointZeroZeroMember_zXxrE3zVLHK8" title="Warrant redemption price">0.01</span> per warrant, upon not less than <span id="xdx_908_ecustom--MinimumNoticePeriodForRedemptionOfWarrants_dtD_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember_zdMi6Re4zuGe" title="Minimum notice period for redemption of warrants">30</span> days’ prior written notice, if and only if the last reported sale price of the Class A ordinary shares equals or exceeds $<span id="xdx_909_eus-gaap--SharePrice_iI_c20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember__us-gaap--ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsEighteenPointZeroZeroMember_zxjLtHYbI4jj" title="Share price">18.00</span> per share (as adjusted for stock splits, dividends, reorganizations, recapitalizations, and the like) for any <span id="xdx_908_ecustom--ThresholdTradingDays_dtD_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember_z0l9HZmaxFMl" title="Threshold trading days">20</span> trading days within a 30-trading-day period ending three business days before the Company sends the notice of redemption.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company may not exercise this redemption right unless an effective registration statement covering the underlying Class A ordinary shares is in place throughout the 30-day redemption period, except that the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities under applicable state securities laws.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Redemption of warrants when the price per Class A ordinary share equals or exceeds $<span id="xdx_908_eus-gaap--SharePrice_iI_c20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember__us-gaap--ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsTenPoitZeroZeroMember_z6TzS87CQ4yh" title="Share price">10.00</span>. Once the Public Warrants become exercisable, the Company may redeem the Public Warrants in whole and not in part, at $<span id="xdx_901_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--PublicWarrantsMember__us-gaap--ScheduleOfSharesSubjectToMandatoryRedemptionBySettlementTermsAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsTenPoitZeroZeroMember_zYR6jWYdvQY1" title="Warrants, per shares">0.10</span> per warrant, upon a minimum of <span id="xdx_908_ecustom--MinimumNoticePeriodForRedemptionOfWarrants_dtD_c20250101__20250930__us-gaap--SubsidiarySaleOfStockAxis__custom--RedemptionOfWarrantsWhenPricePerShareOfClassCommonStockAEqualsOrExceedsTenPoitZeroZeroMember_zx91N53nJv8k" title="Minimum notice period for redemption of warrants">30</span> days’ prior written notice, if and only if (i) the closing price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted for anti-dilution adjustments described in the warrant agreement) for any 20 trading days within a 30-trading-day period ending three trading days before the Company sends the notice of redemption, and (ii) the closing price of the Class A ordinary shares for any such 20-trading-day period is less than $18.00 per share, in which case the Private Placement Warrants must concurrently be called for redemption on the same terms. Holders may exercise their warrants on a cashless basis prior to redemption and receive a number of Class A ordinary shares determined by reference to the table set forth in the warrant agreement based on the redemption date and the “fair market value” of the Class A ordinary shares.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company may not exercise this redemption right if the issuance of Class A ordinary shares upon exercise of the warrants is not exempt from, or has not been registered or qualified under, applicable state blue sky laws.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The exercise price and number of Class A ordinary shares issuable upon exercise of the Public Warrants may be adjusted in certain circumstances, including in the event of a share dividend, extraordinary dividend, recapitalization, reorganization, merger, or consolidation. In no event will the Company be required to net cash settle the Public Warrants. If the Company calls the Public Warrants for redemption, management may require all holders to exercise their Public Warrants on a “cashless basis,” as described in the warrant agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">If the Company is unable to complete a Business Combination within the Combination Period and the Trust Account is liquidated, holders of Public Warrants will not receive any distribution from Trust Account funds or other Company assets with respect to their Public Warrants, and the Public Warrants may expire worthless.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">If (i) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per share (the “Newly Issued Price”), (ii) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Business Combination on the closing date (net of redemptions), and (iii) the volume-weighted average trading price of the Company’s Class A ordinary shares during the 20 trading day period starting on the trading day prior to the closing of the Business Combination (the “Market Value”) is below $9.20 per share, then:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: left">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the exercise price of the warrants will be adjusted (to the nearest cent) to <span id="xdx_907_ecustom--ClassOfWarrantOrRightAdjustmentOfExercisePriceOfWarrantsOrRightsPercentBasedOnMarketValueAndNewlyIssuedPrice_dp_c20250101__20250930_zm5TCwvSwnKh" title="Adjustment of exercise price of warrants based on market value and newly issued price">115</span>% of the higher of the Market Value and the Newly Issued Price; and</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: left">●</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify">the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to <span id="xdx_90D_ecustom--ClassOfWarrantOrRightAdjustmentOfRedemptionPriceOfWarrantsOrRightsPercentBasedOnMarketValueAndNewlyIssuedPrice_dp_c20250101__20250930_zseD9lPnbo05" title="Adjustment of redemption price of stock based on market value and newly issued price">180</span>% of the higher of the Market Value and the Newly Issued Price.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Newly Issued Price will be determined in good faith by the Company’s board of directors and, for issuances to the Sponsor or its affiliates, will be calculated without giving effect to any Founder Shares held by them prior to such issuance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Private Placement Warrants are identical to the Public Warrants, except that the Private Placement Warrants and the Class A ordinary shares issuable upon their exercise are not transferable, assignable, or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. So long as the Private Placement Warrants are held by the initial purchasers or their permitted transferees, they are exercisable on a cashless basis and are non-redeemable. If transferred to any other holder, the Private Placement Warrants become redeemable by the Company and exercisable on the same basis as the Public Warrants.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 29025000 16087500 12937500 P30D P15D 18.00 0.01 P30D 18.00 P20D 10.00 0.10 P30D 1.15 1.80 <p id="xdx_801_eus-gaap--StockholdersEquityNoteDisclosureTextBlock_z1qJHZZ9MGW5" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 8. <span id="xdx_82D_zVzRiRL7NI38">SHAREHOLDERS’ DEFICIT</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Preference Shares – The Company is authorized to issue <span id="xdx_90C_eus-gaap--PreferredStockSharesAuthorized_c20250930_pd" title="Preferred stock, shares authorized"><span id="xdx_906_eus-gaap--PreferredStockSharesAuthorized_c20241231_pd" title="Preferred stock, shares authorized">1,000,000</span></span> preference shares of $<span id="xdx_90A_eus-gaap--PreferredStockParOrStatedValuePerShare_c20250930_pd" title="Preferred stock, par value per share"><span id="xdx_90C_eus-gaap--PreferredStockParOrStatedValuePerShare_c20241231_pd" title="Preferred stock, par value per share">0.0001</span></span> par value. As of September 30, 2025 and December 31, 2024, there were <span id="xdx_90B_eus-gaap--PreferredStockSharesIssued_iI_do_c20250930_zKhur7vzJfp6" title="Preferred stock, shares issued"><span id="xdx_900_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20250930_zphzAigLc3kc" title="Preferred stock, shares outstanding"><span id="xdx_906_eus-gaap--PreferredStockSharesIssued_iI_do_c20241231_znA4j0QcOkc" title="Preferred stock, shares issued"><span id="xdx_909_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20241231_zWaiqL9ihhDb" title="Preferred stock, shares outstanding">no</span></span></span></span> preference shares issued or outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Class A Ordinary Shares – The Company is authorized to issue up to <span id="xdx_90A_eus-gaap--CommonStockSharesAuthorized_iI_c20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_z2IdTN11uwxi" title="Common stock, shares authorized"><span id="xdx_901_eus-gaap--CommonStockSharesAuthorized_iI_c20241231__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_zQCfoimCxbHh" title="Common stock, shares authorized">479,000,000</span></span> Class A ordinary shares, $<span id="xdx_90C_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_zjWuTqQEgo27" title="Common stock, par value per share"><span id="xdx_908_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20241231__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_ziLpDE0m4CT2" title="Common stock, par value per share">0.0001</span></span> par value. As of September 30, 2025 and December 31, 2024, there were <span id="xdx_900_eus-gaap--CommonStockSharesIssued_iI_c20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_zCHI7hTkzdS4" title="Common stock, shares, issued"><span id="xdx_908_eus-gaap--CommonStockSharesOutstanding_iI_c20250930__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_zOrT98tLL4T6" title="Common stock, shares, outstanding"><span id="xdx_907_eus-gaap--CommonStockSharesIssued_iI_c20241231__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_zrE5QwVzC0Tb" title="Common stock, shares, issued"><span id="xdx_90F_eus-gaap--CommonStockSharesOutstanding_iI_c20241231__us-gaap--StatementClassOfStockAxis__custom--ClassAOrdinaryShareMember_z2KXBdq6z7qb" title="Common stock, shares, outstanding">6,494,770</span></span></span></span> (<span id="xdx_903_ecustom--RedeemableShares_iI_c20250930_zo2OFX7Zo2xb" title="Redeemable shares">26,021</span> shares redeemable; <span id="xdx_909_ecustom--NonRedeemableShares_iI_c20250930_z4Me83yYzn13" title="Non redeemable shares">6,468,749</span> shares non-redeemable) and 7,944,129 (<span id="xdx_90F_ecustom--RedeemableShares_iI_c20241231_zx8V98L3Pii6" title="Redeemable shares">1,475,380</span> redeemable; <span id="xdx_907_ecustom--NonRedeemableShares_iI_c20241231_zVMR1utjCo19" title="Non redeemable shares">6,468,749</span> shares non-redeemable) Class A ordinary shares issued and outstanding, respectively. Of the non-redeemable Class A shares, <span id="xdx_901_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z6bHeygyOXye" title="Temporary equity shares subject to redemption">4,528,124</span> are held by Samara Special Opportunities (acquired pursuant to the Purchase Agreement), <span id="xdx_900_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250828__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SponsorMember_zLMksiMEY1I1" title="Temporary equity shares subject to redemption">1,940,625</span> are held by the Original Sponsor (ICE I Holdings Pte. Ltd.) as Retained Shares, and the remaining shares are held by other holders.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Class B Ordinary Shares – The Company is authorized to issue up to <span id="xdx_907_eus-gaap--CommonStockSharesAuthorized_c20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_pd" title="Common stock, shares authorized"><span id="xdx_90A_eus-gaap--CommonStockSharesAuthorized_c20241231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_pd" title="Common stock, shares authorized">20,000,000</span></span> Class B ordinary shares, $<span id="xdx_905_eus-gaap--CommonStockParOrStatedValuePerShare_c20250930__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_pd" title="Common stock, par value per share"><span id="xdx_903_eus-gaap--CommonStockParOrStatedValuePerShare_c20241231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_pd" title="Common stock, par value per share">0.0001</span></span> par value. At September 30, 2025 and December 31, 2024, there was one Class B ordinary share issued and outstanding, held by Samara Special Opportunities following the closing of the Purchase Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Additional Paid-in Capital – During the three months ended September 30, 2025, the Company recognized $<span id="xdx_908_ecustom--FairValueOfCapitalContribution_c20250701__20250930_zAyn3vsJy3w3" title="Fair value of capital contribution">5,043,861</span> in additional paid-in capital, representing the fair value of the capital contribution made by the Original Sponsor in connection with the discharge and forgiveness of related-party and third-party liabilities described in Note 5.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 1000000 1000000 0.0001 0.0001 0 0 0 0 479000000 479000000 0.0001 0.0001 6494770 6494770 6494770 6494770 26021 6468749 1475380 6468749 4528124 1940625 20000000 20000000 0.0001 0.0001 5043861 <p id="xdx_80E_eus-gaap--FairValueDisclosuresTextBlock_zLZEZEvOtDDh" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 9. <span id="xdx_82C_z2dd46TxMrKl">FAIR VALUE MEASUREMENTS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The fair value of the Company’s financial assets and liabilities approximates their carrying amounts due to their short-term nature, except for the warrant liability. The Company classifies its fair value measurements within the three-level hierarchy established by ASC 820: Level 1 — quoted prices in active markets for identical assets or liabilities; Level 2 — observable inputs other than Level 1 prices, such as quoted prices for similar assets or quoted prices in markets that are not active; and Level 3 — unobservable inputs reflecting the Company’s own assumptions about the assumptions market participants would use.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisTextBlock_zXKBGYBgvqjh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8BA_z6F6tmjcjrc5" style="display: none">Schedule of Company’s Assets and Liabilities Measured at Fair Value on a Recurring Basis</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">September 30, <br/> 2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, <br/> 2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Assets:</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left; padding-bottom: 1pt">Investments held in Trust Account – U.S. Treasury Securities</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 10%; text-align: center">1</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98A_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zN8hSEtih17j" style="width: 9%; text-align: right" title="Investments held in Trust Account">478,040</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zTW3lBpLsHhg" style="width: 9%; text-align: right" title="Investments held in Trust Account">17,518,993</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Liabilities:</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Public Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">1</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zSsp8BnHgpq8" style="text-align: right" title="Investments held in Trust Account"><span style="-sec-ix-hidden: xdx2ixbrl0971">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_987_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zdYIEWdiOUqi" style="text-align: right" title="Investments held in Trust Account">258,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Public Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">2</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_98C_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zSA9Nt8SmcZ7" style="text-align: right" title="Investments held in Trust Account">388,126</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zIH3AGvtp9W7" style="text-align: right" title="Investments held in Trust Account"><span style="-sec-ix-hidden: xdx2ixbrl0977">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Private Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">3</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zt2hr7ecKs0g" style="text-align: right" title="Investments held in Trust Account">321,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zsB3YVhBqUP8" style="text-align: right" title="Investments held in Trust Account">321,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zkKK7SUst2Rk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Transfers between Levels 1, 2, and 3 are recognized at the beginning of the reporting period. The Public Warrants were transferred from Level 1 to Level 2 during the quarter ended March 31, 2025 due to limited trading activity, then to Level 3 during the quarter ended June 30, 2025 due to no trading activity, and back to Level 2 during the quarter ended September 30, 2025 as limited trading activity resumed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company established the initial fair value of the warrants on May 12, 2022, using a binomial option pricing model. Proceeds from the sale of Units, the sale of Private Placement Warrants, and the issuance of Class B ordinary shares were allocated first to the warrants at their fair values, with the remaining proceeds allocated based on relative fair values to Class A ordinary shares subject to possible redemption (temporary equity), Class A ordinary shares (permanent equity), and Class B ordinary shares (permanent equity).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table provides quantitative information regarding Level 3 fair value measurements as of September 30, 2025 and December 31, 2024:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_zKcM3cSq7Hfe" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8BD_zJz1FpilqkYg" style="display: none">Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">September 30, <br/> 2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, <br/> 2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left; padding-bottom: 1pt">Stock Price</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98F_eus-gaap--SharePrice_iI_c20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_z846SwSjNS0h" style="width: 9%; text-align: right" title="Stock Price">12.98</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_988_eus-gaap--SharePrice_iI_c20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_znELsATM3VWb" style="width: 9%; text-align: right" title="Stock Price">11.80</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Exercise Price</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_c20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zBGiTfRZxyMb" style="text-align: right" title="Exercise Price">11.50</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_c20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zKRCKvlGeAOg" style="text-align: right" title="Exercise Price">11.50</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Risk-free rate of interest</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_dp_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zV4liwjG2DBa" title="Risk-free rate of interest">3.74</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_dp_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zzAcVxReW2dh" title="Risk-free rate of interest">4.38</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Volatility</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dp_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_ztUqqc5daOs1" title="Volatility">29.81</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dp_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zysAEBlQqDYk" title="Volatility">5.4</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Expected term</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zVU2uj4EqEok" title="Expected term">1.6</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zMz4lOKscPZc" title="Expected term">0.7</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Expected term of warrant conversion</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueWarrantCconversionAssumptionsExpectedTerm1_dtY_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zEtGUN0FB7Wa" title="Expected term of warrant conversion">5</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueWarrantCconversionAssumptionsExpectedTerm1_dtY_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zQgRBow0LTVa" title="Expected term of warrant conversion">5</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> <p id="xdx_8A8_zzPXYs9Hi4Yc" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Private Placement Warrants are valued using a binomial option pricing model and are classified as Level 3. The Public Warrants were initially measured using a binomial option pricing model and are valued at September 30, 2025 based on limited observable market prices (Level 2) and at December 31, 2024 based on quoted market prices (Level 1).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The primary unobservable input used in valuing the Private Placement Warrants is expected volatility, which is derived from observable warrant pricing of comparable “blank check” companies without an identified target.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The following table presents a summary of the changes in the fair value of the Private Placement Warrants, Level 3 liabilities, measured on a recurring basis.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89E_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_zLkgB0vSiYXh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details 2)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_ziNSxY6x2ESe" style="display: none">Schedule of Change in Fair Value of Private and Public Placement Warrants, Level 1, 2 and 3 Liabilities, Measured on a Recurring Basis</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of December 31, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20240101__20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zcR7MRkvcxxf" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance">482,625</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20240101__20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zmV9IpLCS54" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">(160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zJTaHTPVF5F8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zML0IzxRYpI" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1018">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zuDcbeXEJLQl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_ziWFBsE3xXOl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zyWdCyjmfnx1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">482,625</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zchZCFC8rgj4" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">(160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Fair value as of September 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_982_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z67xQuzDona1" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td id="xdx_F01_z2cYYb8YB4V6" style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: left">(1)</td> <td id="xdx_F12_zSuUgfMI3YB6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Changes in valuation inputs or other assumptions are recognized in change in fair value of warrant liabilities in the statements of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Public warrant liability fair value measurements (Level 1, 2 and 3) are detailed in the roll forward table below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 1</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 2</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 3</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Balance – December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zHnAOp6BxMV2" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_985_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zgfl1flXM8cf" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1033">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_980_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_znChqqZRLRyb" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1035">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zl72uRJh3wg9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_984_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPsGPKcSi0jd" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_987_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zdgQY9A67Ajg" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1041">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Balance – March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zVPdPBZlrySl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1043">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zC4IMPjI9Dz8" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_987_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zEk8pf0BMuj7" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1047">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_983_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zWVxYfPC15f1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1049">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zZruzyscRW5g" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_989_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zeDyzfyomEVh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in Fair Value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zwE8LXdV4Gnh" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1055">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zxbS0V7U8rVb" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1057">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zObeJJsUMri9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value">129,376</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Balance – June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zDcw4p5bUsue" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1061">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zmwzNtEhtwk9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1063">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zO8p5AJd0Q3i" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_980_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zGMcS1IeYvRc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1067">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_984_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPrB8n2h2Ny7" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_983_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zc3uGN4ZTNe7" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in Fair Value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_989_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z4epncsmEXy8" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1073">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPWfeR4v1wPc" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1075">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z2Wem5wy8wij" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1077">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Balance – September 30, 2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zO59sVXzvYwh" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b><span style="-sec-ix-hidden: xdx2ixbrl1079">-</span></b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zjoCUQfZXyub" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b>388,126</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z0ZxUHyGtT88" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b><span style="-sec-ix-hidden: xdx2ixbrl1083">-</span></b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> </tr> </table> <p id="xdx_8A5_zL3sf3c0w9Ch" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisTextBlock_zXKBGYBgvqjh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8BA_z6F6tmjcjrc5" style="display: none">Schedule of Company’s Assets and Liabilities Measured at Fair Value on a Recurring Basis</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">September 30, <br/> 2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, <br/> 2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left">Assets:</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td> <td colspan="2" style="text-align: center"> </td> <td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left; padding-bottom: 1pt">Investments held in Trust Account – U.S. Treasury Securities</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 10%; text-align: center">1</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98A_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zN8hSEtih17j" style="width: 9%; text-align: right" title="Investments held in Trust Account">478,040</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--FairValueByAssetClassAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zTW3lBpLsHhg" style="width: 9%; text-align: right" title="Investments held in Trust Account">17,518,993</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; font-weight: bold; text-align: left; padding-bottom: 1pt">Liabilities:</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Public Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">1</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_984_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zSsp8BnHgpq8" style="text-align: right" title="Investments held in Trust Account"><span style="-sec-ix-hidden: xdx2ixbrl0971">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_987_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zdYIEWdiOUqi" style="text-align: right" title="Investments held in Trust Account">258,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Public Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">2</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_98C_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zSA9Nt8SmcZ7" style="text-align: right" title="Investments held in Trust Account">388,126</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td id="xdx_98F_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zIH3AGvtp9W7" style="text-align: right" title="Investments held in Trust Account"><span style="-sec-ix-hidden: xdx2ixbrl0977">-</span></td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Private Warrants</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: center">3</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_c20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zt2hr7ecKs0g" style="text-align: right" title="Investments held in Trust Account">321,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_981_eus-gaap--InvestmentsFairValueDisclosure_iI_c20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivateWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--FairValueByMeasurementFrequencyAxis__us-gaap--FairValueMeasurementsRecurringMember_zsB3YVhBqUP8" style="text-align: right" title="Investments held in Trust Account">321,750</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 478040 17518993 258750 388126 321750 321750 <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_zKcM3cSq7Hfe" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details 1)"> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><span id="xdx_8BD_zJz1FpilqkYg" style="display: none">Schedule of Quantitative Information Regarding Level 3 Fair Value Measurements Inputs</span></td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 1pt; text-align: left"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">September 30, <br/> 2025</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td> <td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, <br/> 2024</td> <td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left; padding-bottom: 1pt">Stock Price</td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_98F_eus-gaap--SharePrice_iI_c20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_z846SwSjNS0h" style="width: 9%; text-align: right" title="Stock Price">12.98</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td> <td style="width: 1%; padding-bottom: 1pt"> </td> <td style="width: 1%; text-align: left">$</td> <td id="xdx_988_eus-gaap--SharePrice_iI_c20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_znELsATM3VWb" style="width: 9%; text-align: right" title="Stock Price">11.80</td> <td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Exercise Price</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_c20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zBGiTfRZxyMb" style="text-align: right" title="Exercise Price">11.50</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left">$</td> <td id="xdx_98F_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice_iI_c20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zKRCKvlGeAOg" style="text-align: right" title="Exercise Price">11.50</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Risk-free rate of interest</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_dp_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zV4liwjG2DBa" title="Risk-free rate of interest">3.74</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_dp_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zzAcVxReW2dh" title="Risk-free rate of interest">4.38</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Volatility</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dp_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_ztUqqc5daOs1" title="Volatility">29.81</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_907_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dp_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zysAEBlQqDYk" title="Volatility">5.4</span></td> <td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Expected term</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_900_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zVU2uj4EqEok" title="Expected term">1.6</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_909_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_dtY_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zMz4lOKscPZc" title="Expected term">0.7</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Expected term of warrant conversion</td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90F_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueWarrantCconversionAssumptionsExpectedTerm1_dtY_c20250101__20250930__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zEtGUN0FB7Wa" title="Expected term of warrant conversion">5</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td> <td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td> <td style="text-align: right"><span id="xdx_90D_ecustom--SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueWarrantCconversionAssumptionsExpectedTerm1_dtY_c20240101__20241231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputSharePriceMember_zQgRBow0LTVa" title="Expected term of warrant conversion">5</span> years</td> <td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table> 12.98 11.80 11.50 11.50 0.0374 0.0438 0.2981 0.054 P1Y7M6D P0Y8M12D P5Y P5Y <table cellpadding="0" cellspacing="0" id="xdx_89E_eus-gaap--FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_zLkgB0vSiYXh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - FAIR VALUE MEASUREMENTS (Details 2)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_ziNSxY6x2ESe" style="display: none">Schedule of Change in Fair Value of Private and Public Placement Warrants, Level 1, 2 and 3 Liabilities, Measured on a Recurring Basis</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of December 31, 2023</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20240101__20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zcR7MRkvcxxf" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance">482,625</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20240101__20241231__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zmV9IpLCS54" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">(160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zJTaHTPVF5F8" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zML0IzxRYpI" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value"><span style="-sec-ix-hidden: xdx2ixbrl1018">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zuDcbeXEJLQl" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_ziWFBsE3xXOl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Fair value as of June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98C_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zyWdCyjmfnx1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">482,625</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1pt">Change in fair value⁽¹⁾</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98B_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_fKDEp_zchZCFC8rgj4" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in fair value">(160,875</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1pt">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.25pt">Fair value as of September 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.25pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_982_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PrivatePlacementWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z67xQuzDona1" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance">321,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 1.25pt"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td id="xdx_F01_z2cYYb8YB4V6" style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: left">(1)</td> <td id="xdx_F12_zSuUgfMI3YB6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> Changes in valuation inputs or other assumptions are recognized in change in fair value of warrant liabilities in the statements of operations.</td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Public warrant liability fair value measurements (Level 1, 2 and 3) are detailed in the roll forward table below.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 1</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 2</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>Level 3</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Balance – December 31, 2024</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zHnAOp6BxMV2" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_985_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zgfl1flXM8cf" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1033">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td id="xdx_980_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_znChqqZRLRyb" style="font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1035">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_982_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zl72uRJh3wg9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt">)</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_984_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPsGPKcSi0jd" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_987_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250101__20250331__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zdgQY9A67Ajg" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1041">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Balance – March 31, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_984_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zVPdPBZlrySl" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1043">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zC4IMPjI9Dz8" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_987_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zEk8pf0BMuj7" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1047">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_983_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zWVxYfPC15f1" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1049">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98C_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zZruzyscRW5g" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_989_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zeDyzfyomEVh" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">258,750</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in Fair Value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_988_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zwE8LXdV4Gnh" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1055">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zxbS0V7U8rVb" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1057">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250401__20250630__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zObeJJsUMri9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value">129,376</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Balance – June 30, 2025</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zDcw4p5bUsue" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1061">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zmwzNtEhtwk9" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance"><span style="-sec-ix-hidden: xdx2ixbrl1063">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iS_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zO8p5AJd0Q3i" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , beginning balance">388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Leveling transfer</td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_980_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zGMcS1IeYvRc" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer"><span style="-sec-ix-hidden: xdx2ixbrl1067">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_984_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPrB8n2h2Ny7" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_983_eus-gaap--FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zc3uGN4ZTNe7" style="font: 10pt Times New Roman, Times, Serif; text-align: right" title="Leveling transfer">(388,126</td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap">)</td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Change in Fair Value</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_989_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z4epncsmEXy8" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1073">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98A_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zPWfeR4v1wPc" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1075">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_98D_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z2Wem5wy8wij" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Change in Fair Value"><span style="-sec-ix-hidden: xdx2ixbrl1077">-</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><b>Balance – September 30, 2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zO59sVXzvYwh" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b><span style="-sec-ix-hidden: xdx2ixbrl1079">-</span></b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_98F_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zjoCUQfZXyub" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b>388,126</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: left"><b>$</b></td> <td id="xdx_983_eus-gaap--FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_iE_c20250701__20250930__us-gaap--ClassOfWarrantOrRightAxis__custom--PublicWarrantsMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z0ZxUHyGtT88" style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; text-align: right" title="Fair value , ending balance"><b><span style="-sec-ix-hidden: xdx2ixbrl1083">-</span></b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left; white-space: nowrap"> </td> </tr> </table> 482625 -160875 321750 321750 160875 482625 -160875 321750 258750 -258750 258750 258750 -258750 258750 129376 388126 388126 -388126 388126 <p id="xdx_809_eus-gaap--SegmentReportingDisclosureTextBlock_zm0idgV9Kawl" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span style="text-transform: uppercase"><b>note 10. <span id="xdx_82C_zd0bnVqcpQj1">Segment Information</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company’s chief operating decision maker (the “CODM”) is its Chief Executive Officer, who reviews the Company’s operating results in order to allocate resources and assess financial performance. Accordingly, the Company operates as a single reportable segment. In evaluating performance and resource allocation, the CODM reviews the following key metrics:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_888_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zLEk0umdKUF" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Segment Information (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zHp7tufIALr2" style="display: none">Schedule of Segment Reporting Information, by Segment</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_495_20250701__20250930_zMK4Z6x0pBqi" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_49D_20240701__20240930_zUajnyz6ikuk" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_49B_20250101__20250930_zYR7JHLGS1nd" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_497_20240101__20240930_zJ3yf3jyBFll" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>For the<br/> Three Months Ended<br/> September 30,</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>For the<br/> Nine Months Ended<br/> September 30,</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2024</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2024</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> </tr> <tr id="xdx_40C_ecustom--FormationsCostsAndOperatingExpenses_z6oqpx1IdIke" style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Formation costs and operating expenses</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">172,592</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">614,608</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">767,862</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">1,127,875</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_402_ecustom--InterestEarnedOnMarketableSecuritiesHeldInTrustAccount_zWL6OQYLunTf" style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest earned on investments held in Trust Account</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">4,894</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">965,870</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">280,097</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">3,785,163</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The key measures of segment profit or loss reviewed by the CODM are formation and operating costs and interest earned on investments held in the Trust Account. Formation and operating costs are monitored to manage cash sufficiency through the business combination period and to ensure expenditures are aligned with contractual obligations and budget. Interest earned on investments held in the Trust Account is monitored to assess Trust Account performance and to inform investment decisions consistent with the Trust Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" id="xdx_888_eus-gaap--ScheduleOfSegmentReportingInformationBySegmentTextBlock_zLEk0umdKUF" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Segment Information (Details)"> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in"><span id="xdx_8B8_zHp7tufIALr2" style="display: none">Schedule of Segment Reporting Information, by Segment</span></td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_495_20250701__20250930_zMK4Z6x0pBqi" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_49D_20240701__20240930_zUajnyz6ikuk" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_49B_20250101__20250930_zYR7JHLGS1nd" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left"> </td> <td id="xdx_497_20240101__20240930_zJ3yf3jyBFll" style="font: 10pt Times New Roman, Times, Serif; text-align: right"> </td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; white-space: nowrap"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>For the<br/> Three Months Ended<br/> September 30,</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>For the<br/> Nine Months Ended<br/> September 30,</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2024</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2025</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> <td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><b>2024</b></td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><b> </b></td> </tr> <tr id="xdx_40C_ecustom--FormationsCostsAndOperatingExpenses_z6oqpx1IdIke" style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255); vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 0.5pt">Formation costs and operating expenses</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">172,592</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">614,608</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">767,862</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 0.5pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 9%; text-align: right">1,127,875</td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; white-space: nowrap; padding-bottom: 0.5pt"> </td> </tr> <tr id="xdx_402_ecustom--InterestEarnedOnMarketableSecuritiesHeldInTrustAccount_zWL6OQYLunTf" style="font: 10pt Times New Roman, Times, Serif; background-color: White; vertical-align: bottom"> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; vertical-align: top; padding-left: 0.125in; text-indent: -0.125in">Interest earned on investments held in Trust Account</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">4,894</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">965,870</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">280,097</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</td> <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">3,785,163</td> <td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left; white-space: nowrap"> </td> </tr> </table> 172592 614608 767862 1127875 4894 965870 280097 3785163 <p id="xdx_806_ecustom--CorrectionRedemptionPaymentCalculationErrorTextBlock_zIJDUDGgtFAj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 11. <span id="xdx_822_zD4jayt6OFD7">CORRECTION OF REDEMPTION PAYMENT CALCULATION ERROR</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the quarter ended September 30, 2025, management identified an uncorrected misstatement resulting from an error in the calculations of the total and per share amounts of redemptions payable to redeeming shareholders in connection with the May 15, 2025 redemption of <span id="xdx_908_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250515__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z9FJgFB8SXJ" title="Temporary equity shares subject to redemption">1,449,359</span> Class A ordinary shares. Specifically, approximately $<span id="xdx_90C_ecustom--ConsistingFee_iI_c20250515_zKrHAeFBMZWf" title="Consisting">151,055</span>, consisting of $<span id="xdx_901_ecustom--ExtensionContributions_iI_c20250515_zpbz2lFUkdG1" title="Extension contributions">150,000</span> of extension contributions in a demand deposit account plus $<span id="xdx_909_eus-gaap--AccruedLiabilitiesCurrent_iI_c20250515_zwAWvdXC2Vy6" title="Accrued interest">1,055</span> of accrued interest thereon were omitted from the trust funds used to calculate the redemption amount as of May 12, 2025. As a result, redeeming shareholders were underpaid by approximately $0.1076 per redeemed share. Accordingly, Class A ordinary shares subject to possible redemption (“temporary equity”) was overstated and current liabilities were understated by approximately $<span id="xdx_902_eus-gaap--PreferredStockRedemptionAmount_iI_c20250630_zAxoR6HuVmJf" title="Redemption payment">155,957</span> as of June 30, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table summarizes the error on the Company’s unaudited condensed financial statements as of June 30, 2025:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_88D_ecustom--ScheduleOfUnauditedCondensedBalanceSheet_zTnUVA2O5AA6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Correction Of Redemption Payment Calculation Error (Details)"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; font-weight: bold; text-align: left"><span id="xdx_8B0_ztpTx2gLKHyj" style="display: none">Schedule of condensed balance sheet</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zA6kNEgaaP71" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20250630__srt--RestatementAxis__srt--RestatementAdjustmentMember_zXXXNnRI3x6j" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_498_20250630__srt--RestatementAxis__custom--RestatementAsRevisedMember_zHeS067fCuj5" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Unaudited Condensed Balance Sheet</td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Reported</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Adjustment</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Revised</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_ecustom--PaymentPayableToRedeemingShareholdersCurrentLiabilities_iI_zuW0UD0REWMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left">Payment payable to redeeming shareholders (current liabilities)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1114">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">155,957</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">155,957</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesCurrent_iI_zN7xJfe2Hzdf" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Total current liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,964,712</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">155,957</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">6,120,669</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ClassOrdinarySharesSubjectToPossibleRedemption_iI_zh4o44JPipke" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Class A ordinary shares subject to possible redemption</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">473,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(155,957</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">317,189</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management evaluated the significance of the error in accordance with SEC Staff Accounting Bulletin No. 99 (“SAB 99”) and ASC 250, <i>Accounting Changes and Error Corrections</i>, and concluded that the error was not material to the Company’s June 30, 2025 unaudited condensed financial statements taken as a whole and therefore recorded the correcting entry during the quarter ended September 30, 2025.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> 1449359 151055 150000 1055 155957 <table cellpadding="0" cellspacing="0" id="xdx_88D_ecustom--ScheduleOfUnauditedCondensedBalanceSheet_zTnUVA2O5AA6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Correction Of Redemption Payment Calculation Error (Details)"> <tr style="vertical-align: bottom"> <td style="vertical-align: bottom; font-weight: bold; text-align: left"><span id="xdx_8B0_ztpTx2gLKHyj" style="display: none">Schedule of condensed balance sheet</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49B_20250630__srt--RestatementAxis__srt--ScenarioPreviouslyReportedMember_zA6kNEgaaP71" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_497_20250630__srt--RestatementAxis__srt--RestatementAdjustmentMember_zXXXNnRI3x6j" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_498_20250630__srt--RestatementAxis__custom--RestatementAsRevisedMember_zHeS067fCuj5" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Unaudited Condensed Balance Sheet</td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Reported</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Adjustment</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt; font-weight: bold"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As Revised</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_403_ecustom--PaymentPayableToRedeemingShareholdersCurrentLiabilities_iI_zuW0UD0REWMb" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left">Payment payable to redeeming shareholders (current liabilities)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1114">-</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">155,957</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">155,957</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LiabilitiesCurrent_iI_zN7xJfe2Hzdf" style="vertical-align: bottom; background-color: White"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Total current liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">5,964,712</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">155,957</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">6,120,669</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_ecustom--ClassOrdinarySharesSubjectToPossibleRedemption_iI_zh4o44JPipke" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Class A ordinary shares subject to possible redemption</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">473,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(155,957</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">317,189</td><td style="text-align: left"> </td></tr> </table> 155957 155957 5964712 155957 6120669 473146 -155957 317189 <p id="xdx_80B_eus-gaap--SubsequentEventsTextBlock_zqkdfpV71Gl4" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>NOTE 12. <span id="xdx_82F_z3FON1nPMTz1">SUBSEQUENT EVENTS</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date that the condensed financial statements were issued. The Company did not identify any subsequent events requiring adjustment to or disclosure in the financial statements other than the following:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Business Combination Agreement (“BCA”)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On April 8, 2026, the Company entered into a Business Combination Agreement (the “BCA”) with Blue Finance Technology Holding Limited (“Blue Finance”), Beckwell One Limited (“New Pubco”), Eaton One Limited (“Merger Sub”), and the Target Representative. The BCA provides for (i) a share contribution by Blue Finance shareholders to New Pubco and (ii) a merger of Merger Sub into the Company, with the Company surviving as a wholly owned subsidiary of New Pubco (the “Business Combination”).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">As consideration, New Pubco will issue <span id="xdx_907_eus-gaap--SharesIssued_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zgVTMbPE5tWe" title="Shares issued">21,985,971</span> ordinary shares to Blue Finance shareholders (valued at $<span id="xdx_90D_eus-gaap--SharePrice_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zNFV0J3ypLW4" title="Share price">10.00</span> per share) and, pursuant to anticipated subscription agreements, <span id="xdx_90F_eus-gaap--SharesIssued_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--HugelySuccessfulCompanyLLCMember_z1sE8q5lwUR9" title="Shares issued">814,029</span> and <span id="xdx_900_eus-gaap--SharesIssued_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--MFCTechLimitedMember_zn1wVdAUG6ka" title="Shares issued">1,200,000</span> ordinary shares to The Hugely Successful Company, LLC and MFC Tech Limited, respectively, at a nominal price per share. Blue Finance shareholders are also entitled to a contingent earnout of up to <span id="xdx_902_eus-gaap--SharesIssued_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--BlueFinanceMember_zdABna8kVxvi" title="Shares issued">6,000,000</span> ordinary shares based on market-based milestones over five years, with aggregate share issuances (including earnout) capped at <span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260401__20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__dei--LegalEntityAxis__custom--BlueFinanceMember_zfOOMrhmmAWb" title="Number of shares issued">30,000,000</span>, subject to adjustment.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">At closing, the Company’s Class B shares will convert to Class A shares and exchange one-for-one for New Pubco ordinary shares, and the Company’s warrants will be converted into New Pubco warrants on substantially the same terms. Closing is subject to customary conditions, including shareholder and regulatory approvals, F-4 effectiveness, and Nasdaq listing approval, with an outside termination date of November 4, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Voting Agreement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In connection with the Business Combination, certain Blue Finance shareholders are expected to enter into a Voting Agreement at closing. Pursuant to this agreement, such shareholders will agree to vote their shares in favor of the Business Combination and against any transactions that could impede or delay its consummation. The agreement also includes customary provisions regarding transfer restrictions, waiver of appraisal rights, and information sharing, and will terminate upon the closing of the Business Combination or earlier termination of the Business Combination Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Lock-Up Agreement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Certain Blue Finance shareholders are expected to enter into Lock-Up Agreements at closing, pursuant to which they will be restricted from transferring their New Pubco ordinary shares for a period of twelve months following the closing, subject to customary permitted transfers. The lock-up restrictions may be partially released after six months with the consent of the Target Representative. The agreement includes customary provisions relating to transfer restrictions, including stop-transfer instructions and restrictive legends.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Sponsor Support Agreement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">On April 8, 2026, the sponsor of IVCA entered into a Sponsor Support Agreement with IVCA and Blue Finance. Under this agreement, the sponsor agreed to vote its shares in favor of the Business Combination, not to redeem its shares in connection with the transaction, and to waive certain anti-dilution rights. The agreement includes customary transfer restrictions and will terminate upon the earlier of closing or termination of the Business Combination Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Strategic Alliance / Side Letter Arrangement</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>HSC Subscription Agreement</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under the HSC Subscription Agreement, New Pubco will issue <span id="xdx_901_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260401__20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--HSCSubscriptionAgreementMember_zO4nipQdERS9" title="Number of shares issued">814,029</span> ordinary shares to The Hugely Successful Company, LLC (“HSC”), at closing, representing approximately 2.6% ownership, with the right to receive additional shares upon achievement of a valuation milestone to maintain an additional 2.6% ownership on a post-issuance basis. HSC may also receive up to <span id="xdx_904_ecustom--EarnoutShares_c20260401__20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--HSCSubscriptionAgreementMember_zeEd9YnNDPzb" title="Earnout shares">203,507</span> earnout shares if applicable milestones are met.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">The consideration for these shares is non-cash and is deemed satisfied by amounts previously contributed or committed by HSC under a prior agreement, with only nominal cash consideration of $0.0001 per share paid for legal purposes. The subscription price is based on the implied equity value of New Pubco as established in the Business Combination Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><i>MFC Tech Subscription Agreement</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Under the MFC Tech Subscription Agreement, New Pubco will issue <span id="xdx_90E_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20260401__20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--MFCTechSubscriptionAgreementMember_zkO8EhH2Nja9" title="Number of shares issued">1,200,000</span> ordinary shares to MFC Tech Limited (“MFCT”), under a prior consulting arrangement with Blue Finance, in satisfaction and replacement of Blue Finance’s obligations under that agreement. The shares will be issued for nominal cash consideration of $0.0001 per share (approximately $120 in total).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">In addition, MFCT is entitled to participate in the earnout arrangement and may receive up to <span id="xdx_903_eus-gaap--SharesIssued_iI_c20260408__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember__us-gaap--TypeOfArrangementAxis__custom--MFCTechSubscriptionAgreementMember_zHItO2lUVbkg" title="Shares issued">300,000</span> additional ordinary shares upon achievement of specified milestones under the Business Combination Agreement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>2026 Extraordinary General Meeting</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><span id="xdx_901_ecustom--GeneralMeetingDescription_c20260401__20260428__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_zkQChkur3eqi" title="General meeting description">On April 28, 2026, the Company filed a definitive information statement on Schedule 14C in connection with an extraordinary general meeting of its shareholders held on May 14, 2026 (the “2026 Extraordinary General Meeting”) to, among other things, (i) extend the Initial Business Combination period from May 12, 2027 to May 12, 2028 (the “Extended Combination Period”), and (ii) change the Company’s name from “Investcorp AI Acquisition Corp.” to “Libity.” At the 2026 Extraordinary General Meeting, the Company’s shareholders approved, by special resolution, proposals to amend the Company’s Amended and Restated Memorandum and Articles of Association to (i) extend the date by which the Company has to consummate a Business Combination from May 12, 2027 to May 12, 2028, and (ii) effect the Name Change. In connection with the 2026 Extraordinary General Meeting, holders of 11,896 Class A ordinary shares exercised their right to redemption at a per-share redemption price of approximately $12.84, for an aggregate redemption amount of approximately $152,721, which was paid on May 18, 2026. Following this redemption, 14,125 Class A ordinary shares remained outstanding in the trust. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0"><b>Redemption and Supplemental (“Stub”) Payment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Subsequent to May 15, 2025, in connection with the redemption of <span id="xdx_903_ecustom--TemporaryEquitySharesSubjectToRedemption_iI_c20250515__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zHH2VBULwqPl" title="Temporary equity shares subject to redemption">1,449,359</span> Class A ordinary shares, management identified that $<span id="xdx_905_ecustom--OmittedAmount_iI_c20250515_zMWCMWEtjiQe" title="Omitted amount">150,000</span> of principal, representing three extension contribution payments, had not been included in the trust account balance used to calculate the redemption price paid to redeeming shareholders. This amount remained in the Citibank cash portion of the trust account and had not been invested as of May 12, 2025, date used to determine the redemption value based on the trust balance reported by Citibank. Citibank subsequently credited the trust account with $<span id="xdx_907_eus-gaap--AccruedLiabilitiesCurrent_iI_c20250515_zVHlkzj7zGsj" title="Accrued interest">1,055</span> of accrued interest on the uninvested $<span id="xdx_905_ecustom--OmittedAmount_iI_c20250515_zwzH6l02U0F2" title="Omitted amount">150,000</span> through May 12, 2025 (the “Omitted Amount”). As a result, the corrected trust account balance as of May 12, 2025, was approximately $<span id="xdx_90D_ecustom--RedemptionPrice_iI_c20250512__srt--RangeAxis__srt--MaximumMember_zvdVQP0SeLEg" title="Redemption price">17,986,669</span>, compared to the $<span id="xdx_904_ecustom--RedemptionPrice_iI_c20250512__srt--RangeAxis__srt--MinimumMember_zHkSWV55jKGa" title="Redemption price">17,836,382</span> previously used to determine the redemption price.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Consequently, the Company approved a supplemental (“stub”) payment to the shareholders who redeemed their shares on May 15, 2025. Based on the trust account reconciliation from Continental Stock Transfer &amp; Trust Company (“CST”) as of May 13, 2026, the Omitted Amount represented approximately 32.44% of the adjusted net trust balance remaining after the May 15, 2025, redemption payments. Applying the same proportional allocation to trust interest earned from May 12, 2025, through May 13, 2026, approximately $<span id="xdx_90C_eus-gaap--DebtInstrumentFaceAmount_iI_c20250512_zKzy4bU5lp8l" title="Aggregate amount">7,702</span> of additional interest was calculated as allocable to the redeeming shareholders. The aggregate stub distribution amounted to approximately $<span id="xdx_903_eus-gaap--DebtInstrumentFaceAmount_iI_c20250515_z5Lm0AGcQTo6" title="Aggregate amount">155,957</span>, or approximately $0.1076 per redeemed share, after accounting for rounding and administrative holdbacks. The stub payment was distributed on May 15, 2026.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0; margin-bottom: 0">Following the stub payment of approximately $<span id="xdx_902_ecustom--RedemptionPayment_iI_c20250515_zu2SJEHdYyr4" title="Redemption payment">155,957</span> and redemption payment of approximately $<span id="xdx_905_ecustom--TrustAccountBalance_iI_c20250515_zUTQaZ7Snqjl" title="Trust account balance">152,721</span>, the trust account balance was approximately $181,337, or approximately $<span id="xdx_904_ecustom--PublicSharesOutstanding_iI_pn3n3_dm_c20250515_z5jNGCXQm3Z5" title="Public shares outstanding">12.84</span> per remaining public share outstanding as of May 15, 2026.</p> 21985971 10.00 814029 1200000 6000000 30000000 814029 203507 1200000 300000 On April 28, 2026, the Company filed a definitive information statement on Schedule 14C in connection with an extraordinary general meeting of its shareholders held on May 14, 2026 (the “2026 Extraordinary General Meeting”) to, among other things, (i) extend the Initial Business Combination period from May 12, 2027 to May 12, 2028 (the “Extended Combination Period”), and (ii) change the Company’s name from “Investcorp AI Acquisition Corp.” to “Libity.” At the 2026 Extraordinary General Meeting, the Company’s shareholders approved, by special resolution, proposals to amend the Company’s Amended and Restated Memorandum and Articles of Association to (i) extend the date by which the Company has to consummate a Business Combination from May 12, 2027 to May 12, 2028, and (ii) effect the Name Change. In connection with the 2026 Extraordinary General Meeting, holders of 11,896 Class A ordinary shares exercised their right to redemption at a per-share redemption price of approximately $12.84, for an aggregate redemption amount of approximately $152,721, which was paid on May 18, 2026. Following this redemption, 14,125 Class A ordinary shares remained outstanding in the trust. 1449359 150000 1055 150000 17986669 17836382 7702 155957 155957 152721 12840000 false false false false Changes in valuation inputs or other assumptions are recognized in change in fair value of warrant liabilities in the statements of operations.