XML 38 R24.htm IDEA: XBRL DOCUMENT v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
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.