Available-for-Sale Debt Securities

9 Months Ended

Sep. 30, 2025

Available-for-Sale Debt Securities [Abstract]

Available-for-Sale Debt Securities

Note 6—Available-for-Sale Debt Securities

The following table presents the amortized cost, gross unrealized gains (losses), fair value and other information for the available-for-sale debt securities held in the Trust Account:

September 30, 2025	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U.S. government debt securities(1) (2)	$	278,944,651	$	269,163	$	(74,040	)	$	279,139,774

(1)	Contractual maturities are one year or less.
(2)	No debt securities were in an unrealized loss position.

The Company did not have any sales of its available-for-sale debt securities during the three and nine months ended September 30, 2025.

The Company did not hold any available-for-sale debt securities as of December 31, 2024.