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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
7 Months Ended
Sep. 30, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of computation of basic and diluted net loss per share

    

    

  

    

For the Period from

March 11, 2024 (inception)

For the Three Months Ended

Through

September 30, 2024

September 30, 2024

    

Class A

    

Class B

    

Class A

    

Class B

Basic net income per ordinary share:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net income, basic

$

1,758,193

$

617,744

$

1,468,307

$

994,798

Denominator:

 

  

 

  

 

  

 

  

Basic weighted average ordinary shares outstanding

 

16,000,000

 

5,621,622

 

8,039,409

 

5,446,811

Basic net income per ordinary share

$

0.11

$

0.11

$

0.18

$

0.18

    

    

  

    

For the Period from

March 11, 2024 (inception)

For the Three Months Ended

Through

September 30, 2024

September 30, 2024

    

Class A

    

Class B

    

Class A

    

Class B

Diluted net income per ordinary share:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net income, diluted

$

1,758,193

$

617,744

$

1,453,385

$

1,009,720

Denominator:

 

  

 

  

 

  

 

  

Diluted weighted average ordinary shares outstanding

 

16,000,000

 

5,621,622

 

8,039,409

 

5,585,275

Diluted net income per ordinary share

$

0.11

$

0.11

$

0.18

$

0.18

Schedule of reconciliation of Class A ordinary shares subject to redemption At September 30, 2024, the Class A ordinary shares subject to redemption reflected in the unaudited condensed balance sheet are reconciled in the following table:

    

Shares

    

Amount

Gross proceeds

 

16,000,000

$

160,000,000

Less:

 

  

 

  

Proceeds allocated to Public Warrants

 

 

(2,080,000)

Proceeds allocated to the over-allotment option

 

 

(169,119)

Class A ordinary shares issuance costs

 

 

(10,024,214)

Plus:

 

  

 

  

Accretion of carrying value to redemption value

 

 

14,804,683

Class A ordinary shares subject to possible redemption, September 30, 2024

 

16,000,000

$

162,531,350