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FAIR VALUE MEASUREMENTS
 6 Months Ended
Jun. 30, 2026
FAIR VALUE MEASUREMENTS [Abstract]  
FAIR VALUE MEASUREMENTS
NOTE 8. FAIR VALUE MEASUREMENTS
 
The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:
 
Level 1
Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
 
Level 2
Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.
 
Level 3:
Unobservable inputs based on assessment of the assumptions that market participants would use in pricing the asset or liability.
 
At June 30, 2026, $230,667,927 was invested in a U.S. Treasury Securities at fair value of $232,245,596 and an amortized cost of $232,245,088 and $684 was held in cash, at an aggregate value of $232,245,772 as reflected on the condensed balance sheets. At December 31, 2025, $227,277,328 was invested in a U.S. Treasury Securities at a fair value of $228,156,305 and an amortized cost of $228,079,176 and $610 was held in cash, at an aggregate value of $228,079,786 as reflected on the condensed balance sheets.
 
                             
Held to Maturity
  Level   Amortized Cost   Unrealized
Gain 		  Fair Value
June 30, 2026
                           
U.S. Treasury Securities (Matured on 7/23/26)
    1   $ 232,245,088   $ 508   $ 232,245,596 
 
                             
Held to Maturity
  Level   Amortized Cost   Unrealized
Gain 		  Fair Value
December 31, 2025
                           
U.S. Treasury Securities (Matured on 4/23/26)
    1    $ 228,079,176    $ 77,129    $ 228,156,305 
 
The Public Rights have been classified within shareholders’ deficit and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used in the valuation of the Level 3 Public Rights at issuance:
 
     
    February 14,
2025 		 
Trade price of Unit
    10.00  
Stock price
  $ 9.78  
Market adjustment(1)
    14.9 %
Fair value per right
  $ 0.145  
 
(1)
Market adjustment reflects additional factors not fully captured by low volatility selection, which may include the likelihood of an initial business combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of stock price prior to the beginning of the exercise period. The adjustment is determined by comparing traded right prices to simulated model outputs.