XML 38 R24.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Measurements (Tables)
7 Months Ended
Dec. 31, 2024
Fair Value Measurements (Tables) [Line Items]  
Schedule of Information about Company's Assets and Liabilities Measured at Fair Value

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

 

   Level  December 31,
2024
 
Assets:       
Investments held in Trust Account  1  $167,164,825 
Liabilities:        
Over-allotment option liability  3  $64,371 
Warrant liability – Public Warrants  1  $2,158,000 
Schedule of Quantitative Information Regarding Market Assumptions Used in Valuation of Founder Shares

The following table presents the quantitative information regarding market assumptions used in the valuation of the Founder Shares:

 

Inputs  November 22,
2024
 
Proxy price of Class A ordinary shares  $9.90 
Probability of closing on a Business Combination   15.0%
Discount for lack of marketability   13.0%
Schedule of Fair Value of Level 3 Financial Instruments

The following table provides a summary of the changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis:

 

   Warrant liability –
Public Warrants
   Over-allotment
option liability
 
Initial measurement at November 22, 2024  $1,743,000   $77,163 
Change in fair value        (12,792)
Reclassification to level 1 (1)   (1,743,000)   
 
 
Fair value at December 31, 2024  $
   $64,371 

 

(1)Assumes the Public Warrants were reclassified on December 31, 2024.
Over-Allotment Option [Member]  
Fair Value Measurements (Tables) [Line Items]  
Schedule of Quantitative Information Regarding Market Assumptions Used in Public Warrants

The key inputs into the Black-Scholes model were as follows at initial measurement and December 31, 2024 of the over-allotment option:

 

Inputs  December 31,
2024
   November 22,
2024
 
Risk-free interest rate   4.45%   4.72%
Expected term (years)   0.12    0.12 
Expected volatility   4.91%   6.23%
Exercise price  $10.00   $10.00 
Fair value of over-allotment unit  $0.099   $0.119 
Public Warrants [Member]  
Fair Value Measurements (Tables) [Line Items]  
Schedule of Quantitative Information Regarding Market Assumptions Used in Public Warrants

The following table presents the quantitative information regarding market assumptions used in the valuation of the public warrants:

 

Inputs  November 22,
2024
 
Estimated Share Price  $9.90 
Exercise Price  $11.50 
Term (Years)   7.0 
Risk-Free Rate   4.3%
Selected Volatility   1.5%
Probability of Merger Closing and Market Adjustment   15.0%