XML 22 R11.htm IDEA: XBRL DOCUMENT v3.26.1
INITIAL PUBLIC OFFERING
3 Months Ended
Jun. 30, 2026
INITIAL PUBLIC OFFERING  
INITIAL PUBLIC OFFERING

3. INITIAL PUBLIC OFFERING

On July 1, 2026, the Company completed its Initial Public Offering of 39,500,000 Units, including 5,000,000 Over-Allotment Units, at a purchase price of $10.00 per Unit, generating gross proceeds of $395,000,000, and incurring offering costs of $22,451,800, of which $13,825,000 was for deferred underwriting discounts (see Note 5). Each Unit consists of one Class A ordinary share and one-tenth of one Public Warrant. Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 7).