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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2025

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of basic and diluted net income (loss) per share of ordinary share

The following table reflects the calculation of basic and diluted net income(loss) per share of ordinary share (in dollars, except per share amounts):


Net income from January 1, 2025, to June 30, 2025		$	4,641,489


	For the six months period ended June 30, 2025
	Redeemable			Non- Redeemable
	Shares			Shares			Total
Total number of ordinary shares – Basic		23,000,000			6,868,214			29,868,214
Ownership percentage		77	%		23	%
Total income allocated by class	$	3,573,947		$	1,067,542		$	4,641,489
Less: Accretion allocated based on ownership percentage		(3,782,452)			(1,129,823)			(4,912,276)
Plus: Accretion applicable to the redeemable class		4,912,276			—			4,912,276
Total income (loss) by class	$	4,703,770		$	(62,281)			4,641,489

Weighted average shares		23,000,000			6,868,214
Earnings (loss) per ordinary share - Basic	$	0.20		$	(0.009)


	For the six months period ended June 30, 2025
	Redeemable			Non- Redeemable
	Shares			Shares			Total
Total number of ordinary shares – Diluted		34,500,000			8,221,964			42,721,964
Ownership percentage		81	%		19	%
Total income allocated by class	$	3,759,606		$	881,883		$	4,641,489
Less: Accretion allocated based on ownership percentage		(3,978,943)			(933,332)			(4,912,276)
Plus: Accretion applicable to the redeemable class		4,912,276			—			4,912,276
Total income (loss) by class	$	4,692,938		$	(51,449)			4,641,489

Weighted average shares		34,500,000			8,221,964
Earnings (loss) per ordinary share - Diluted	$	0.14		$	(0.006)

The following table reflects the calculation of basic and diluted net income (loss) per share of common stock (in dollars, except per share amounts) for the three months ended June 30, 2025


Net income from April 1, 2025, to June 30, 2025		$	2,389,999


	For the three months period ended June 30, 2025
	Redeemable			Non- Redeemable
	Shares			Shares			Total
Total number of ordinary shares – Basic		23,000,000			6,868,214			29,868,214
Ownership percentage		77	%		23	%
Total income allocated by class	$	1,840,299		$	549,700		$	2,389,999
Less: Accretion allocated based on ownership percentage		(1,921,887)			(574,070)			(2,495,957)
Plus: Accretion applicable to the redeemable class		2,495,957			—			2,495,957
Total income (loss) by class	$	2,414,369		$	(24,370)			2,389,999

Weighted average shares		23,000,000			6,868,214
Earnings (loss) per ordinary share - Basic	$	0.10		$	(0.004)


	For the three months period ended June 30, 2025
	Redeemable			Non- Redeemable
	Shares			Shares			Total
Total number of ordinary shares – Diluted		34,500,000			8,221,964			42,721,964
Ownership percentage		81	%		19	%
Total income allocated by class	$	1,935,899		$	454,100		$	2,389,999
Less: Accretion allocated based on ownership percentage		(2,021,725)			(474,232)			(2,495,957)
Plus: Accretion applicable to the redeemable class		2,495,957			—			2,495,957
Total income (loss) by class	$	2,410,131		$	(20,132)			2,389.999

Weighted average shares		34,500,000			8,221,964
Earnings (loss) per ordinary share - Diluted	$	0.070		$	(0.002)