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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2025

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Ordinary Shares Subject to Redemption

At June 30, 2025 and December 31, 2024, the Public Shares subject to redemption reflected in the balance sheets are reconciled in the following table:


Gross proceeds		$	86,250,000
Less:
Class A ordinary shares issuance costs			(4,793,647	)
Plus:
Accretion of carrying value to redemption value			6,898,044
Class A ordinary shares subject to possible redemption, December 31, 2024			88,354,397
Plus:
Accretion of carrying value to redemption value			934,513
Class A ordinary shares subject to possible redemption, March 31, 2025		$	89,288,910
Plus:
Accretion of carrying value to redemption value			648,043
Class A ordinary shares subject to possible redemption, June 30, 2025		$	89,936,953

Basic and Diluted Net Income (Loss) Per Ordinary Share

The following tables reflect the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):


	For the Three Months Ended June 30,
	2025								2024
		Class A Redeemable				Class A and B Non-redeemable				Class A Redeemable				Class A and B Non-redeemable
Basic net income per ordinary share:
Numerator:
Allocation of net income	$	588,259			$	166,588			$	46,409			$	56,466
Denominator:
Basic weighted average ordinary shares outstanding		8,625,000				2,442,500				1,629,167				1,982,194
Basic net income per ordinary share	$	0.07			$	0.07			$	0.03			$	0.03


	For the Six Months Ended June 30, 2025								For the Period from March 30, 2024 (Inception) Through June 30, 2024
		Class A Redeemable				Class A and B Non-redeemable				Class A Redeemable				Class A and B Non-redeemable
Basic net income per ordinary share:
Numerator:
Allocation of net income	$	1,117,063			$	316,339			$	38,357			$	49,121
Denominator:
Basic weighted average ordinary shares outstanding		8,625,000				2,442,500				1,466,250				1,877,725
Basic net income per ordinary share	$	0.13			$	0.13			$	0.03			$	0.03


	For the Three Months Ended June 30,
	2025								2024
		Class A Redeemable				Class A and B Non-redeemable				Class A Redeemable				Class A and B Non-redeemable
Diluted net income per ordinary share:
Numerator:
Allocation of net income	$	588,259			$	166,588			$	43,652			$	59,223
Denominator:
Diluted weighted average ordinary shares outstanding		8,625,000				2,442,500				1,629,167				2,210,319
Diluted net income per ordinary share	$	0.07			$	0.07			$	0.03			$	0.03


	For the Six Months Ended June 30, 2025								For the Period from March 30, 2024 (Inception) Through June 30, 2024
		Class A Redeemable				Class A and B Non-redeemable				Class A Redeemable				Class A and B Non-redeemable
Diluted net income per ordinary share:
Numerator:
Allocation of net income	$	1,117,063			$	316,339			$	35,996			$	51,482
Denominator:
Diluted weighted average ordinary shares outstanding		8,625,000				2,442,500				1,466,250				2,097,100
Diluted net income per ordinary share	$	0.13			$	0.13			$	0.03			$	0.02

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

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