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Fair Value Measurements
6 Months Ended
Jun. 30, 2025
Fair Value Measurements [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 8 — FAIR VALUE MEASUREMENTS

 

At June 30, 2025, assets held in the Trust Account were comprised of $883 in cash and $236,374,216 in U.S. Treasury securities. During the six months ended June 30, 2025, the Company did not withdraw any interest income from the Trust Account.

 

          Gross     
      Amortized   Holding     
   Held To Maturity  Cost   Loss   Fair Value 
June 30, 2025  U.S. Treasury Securities (Mature on October 7, 2025)  $236,374,216   $(15,891)  $236,358,325 

 

At December 31, 2024, assets held in the Trust Account were comprised of $593 in cash and $231,643,260 in U.S. Treasury securities. During the period from June 14, 2014 (inception) through December 31, 2024, the Company did not withdraw any interest income from the Trust Account.

 

          Gross     
      Amortized   Holding     
   Held To Maturity  Cost   Loss   Fair Value 
December 31, 2024  U.S. Treasury Securities (Mature on June 12, 2025)  $231,643,260   $(128,995)  $231,514,265 

The following table presents information about the Company’s assets that are measured at fair value as of June 30, 2025 and December 31, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

   Level   June 30,
2025
   December 31,
2024
 
Assets:            
U.S. Treasury Securities   1   $236,374,216   $231,643,260