XML 32 R21.htm IDEA: XBRL DOCUMENT

Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Significant Accounting Policies [Abstract]

Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in the Accompanying Unaudited Condensed Balance Sheet

As of September 30, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying unaudited condensed balance sheet are reconciled in the following table:

Gross proceeds		$	300,150,000
Less:
Proceeds allocated to Public Warrants			(2,641,320	)
Class A Ordinary Shares issuance cost			(20,003,016	)
Plus:
Accretion of carrying value to redemption value			24,047,939
Class A Ordinary Shares subject to possible redemption, June 30, 2025			301,553,603
Plus:
Accretion of carrying value to redemption value			3,259,210
Class A Ordinary Shares subject to possible redemption, September 30, 2025		$	304,812,813

Schedule of Basic and Diluted Net Income Per Ordinary Share

The following tables reflect the calculation of basic and diluted net income per Ordinary Share:

		For the Three Months Ended								For the Period from January 13, 2025 (Inception) Through
		September 30, 2025								September 30, 2025
		Class A				Class B				Class A				Class B
		Ordinary Shares				Ordinary Shares				Ordinary Shares				Ordinary Shares
Basic net income per Ordinary Share
Numerator:
Allocation of net income		$	2,400,790			$	600,198			$	2,840,785			$	1,290,889

Denominator:
Basic weighted average Ordinary Shares outstanding			30,015,000				7,503,750				15,469,269				7,029,433
Basic net income per Ordinary Share		$	0.08			$	0.08			$	0.18			$	0.18

		For the Three Months Ended								For the Period from January 13, 2025 (Inception) Through
		September 30, 2025								September 30, 2025
		Class A				Class B				Class A				Class B
		Ordinary Shares				Ordinary Shares				Ordinary Shares				Ordinary Shares
Diluted net income per Ordinary Share
Numerator:
Allocation of net income		$	2,400,790			$	600,198			$	2,782,588			$	1,349,086

Denominator:
Diluted weighted average Ordinary Shares outstanding			30,015,000				7,503,750				15,469,269				7,499,986
Diluted net income per Ordinary Share		$	0.08			$	0.08			$	0.18			$	0.18

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