XML 30 R19.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Summary of Significant Accounting Policies [Abstract]

Schedule of Class A Ordinary Shares Subject to Possible Redemption

The Class A Ordinary Shares subject to possible redemption reflected on the condensed balance sheet as of March 31, 2026 are reconciled in the following table:

Gross proceeds		$	200,411,500
Less:
Class A Ordinary Shares issuance costs			(12,512,442	)
Fair value of Public Warrants at issuance			(3,724,648	)

Plus:
Remeasurement of Class A Ordinary Shares to redemption value			19,838,837
Class A Ordinary Shares subject to possible redemption at December 31, 2025		$	204,013,247
Remeasurement of Class A Ordinary Shares to redemption value			1,801,865
Class A Ordinary Shares subject to possible redemption at March 31, 2026		$	205,815,112

Schedule of Reconciliation of the Net Income Per Ordinary Share

A reconciliation of the net income per ordinary share is stated below.

		For The Three Months Ended March 31, 2026
Redeemable Class A Ordinary Shares
Numerator: Net income allocable to Redeemable Class A Ordinary Shares
Net income allocable to Redeemable Class A Ordinary Shares		$	1,075,621

Denominator: Weighted Average Share Outstanding, Redeemable Class A Ordinary Shares
Basic and diluted weighted average shares outstanding, Redeemable Class A			20,041,150
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption		$	0.05

Non-Redeemable Class B Ordinary Shares
Numerator: Net income allocable to non-redeemable Class B Ordinary Shares
Net income allocable to non-redeemable Class B Ordinary Shares		$	387,809

Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares			7,225,721
Basic and diluted net income per share, Class B non-redeemable ordinary shares		$	0.05

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.

+ References + Details