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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 14,205 $ 32,075
Due from Everli 3,962,096 3,805,862
Prepaid expenses 33,560 70,852
Total current assets 4,009,861 3,908,789
Marketable securities and cash held in Trust Account 172,919,855 171,405,977
TOTAL ASSETS 176,929,716 175,314,766
Current liabilities    
Accounts payable and accrued liabilities 1,186,019 576,961
Due to Sponsor 75,000
Sponsor Loan 3,870,642 3,718,011
Total current liabilities 5,131,661 4,294,972
Deferred underwriting fee 6,600,000 6,600,000
TOTAL LIABILITIES 11,731,661 10,894,972
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A Ordinary Shares subject to possible redemption, 16,000,000 shares at redemption value of $10.81 and $10.71 per share at March 31, 2026 and December 31, 2025, respectively 172,919,855 171,405,977
SHAREHOLDERS’ DEFICIT    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (7,722,362) (6,986,745)
TOTAL SHAREHOLDERS’ DEFICIT (7,721,800) (6,986,183)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 176,929,716 175,314,766
Class A Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, value
Class B Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, value $ 562 $ 562