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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 30, 2026
FAIR VALUE MEASUREMENTS  
Schedule of company's liabilities that are measured at fair value on a recurring basis

Description

 

Level

 

 

June 30, 2026

 

 

March 31, 2026

 

Assets:

 

 

 

 

 

 

 

 

 

Money-market mutual fund held in Trust Account

 

 

1

 

 

$2,473,178

 

 

$2,451,347

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liability – Public Warrants

 

 

3

 

 

 

1,150,000

 

 

$1,150,000

 

Schedule of change in warrant liabilities

 

 

Public Warrants

 

Fair value as of March 31, 2026

 

$1,150,000

 

Change in fair value of warrant liabilities

 

 

-

 

Fair value as of June 30, 2026

 

$1,150,000

 

Schedule of assumptions used to estimate the fair value of the Public warrants

Significant input

 

June 30, 2026

 

Underlying share-price assumption

 

$2.66

 

Assumed Business Combination date

 

September 30, 2026

 

Exercise price

 

$11.50

 

Expected term

 

5.25 years

 

Pre-Business Combination volatility

 

 

5.00%

Post-Business Combination volatility

 

 

50.00%

Risk-free interest rate

 

 

4.19%

Probability of completing a Business Combination

 

 

40.00%

Expected dividend yield

 

 

0.00%