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FAIR VALUE MEASUREMENTS (Tables) | 12 Months Ended
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Dec. 31, 2025
FAIR VALUE MEASUREMENTS |
Schedule of information about the company's assets that are measured at fair value | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | ​ | ​ ​ ​ | December 31,
​ | ​ | Level | ​ | 2025
Assets: |  | ​ |  | ​ | ​
Cash and investments held in Trust Account |  | 1 | ​ | $ | 153,867,836
Schedule of key inputs used at initial measurement of the Over Allotment Option | ​
​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | May 12, |
​ | ​ | 2025 |
Risk-free interest rate |  | ​ | 4.37 | %
Expected term (years) |  | ​ | 0.12 | ​
Expected volatility |  | ​ | 2.75 | %
Exercise price | ​ | $ | 10.0 | ​
Fair value of Option Unit | ​ | $ | 0.071 | ​
Schedule of quantitative information regarding market assumptions used in the valuation of the Public Rights | ​
​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | May 12, |
​ | ​ | 2025 |
Trade price of Public Unit | ​ | $ | 10.03 | ​
Share price | ​ | $ | 9.88 | ​
Market adjustment (1) | ​ |  | 15.0 | %
Fair value per Right | ​ | $ | 0.148 | ​
| (1) | Market adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of the Business Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of share price prior to beginning of the exercise period. The adjustment is determined by comparing traded warrant prices to simulated model outputs.

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