SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
9 Months Ended |
Sep. 30, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF NET INCOME (LOSS) PER SHARE PRESENTED IN STATEMENTS OF OPERATIONS |
The
net income (loss) per share presented in the statements of operations is based on the following:
SCHEDULE OF NET INCOME (LOSS) PER SHARE PRESENTED IN STATEMENTS OF OPERATIONS
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
For
Three Months
Ended
September 30, | | |
For
Nine Months
Ended
September 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Net
income (loss) | |
$ | (393,970 | ) | |
$ | 825,358 | | |
$ | (1,683,664 | ) | |
$ | 2,428,474 | |
| Interest
earned on investment held in Trust Account | |
| (85,725 | ) | |
| (952,787 | ) | |
| (271,452 | ) | |
| (2,818,129 | ) |
| Net
loss including accretion of equity into redemption value | |
$ | (479,695 | ) | |
$ | (127,429 | ) | |
$ | (1,955,116 | ) | |
$ | (389,655 | ) |
|
| SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED |
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED
| Particulars | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | |
| | |
For
Three Months
Ended
September
30, 2025 | | |
For
Nine Months
Ended
September
30, 2025 | | |
For
Three Months
Ended
September
30, 2024 | | |
For
Nine Months
Ended
September
30, 2024 | |
| | |
Redeemable | | |
Non-Redeemable | | |
Redeemable | | |
Non-Redeemable | | |
Redeemable | | |
Non-Redeemable | | |
Redeemable | | |
Non-Redeemable | |
| Particulars | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | | |
Shares | |
| Basic
and diluted net income (loss) per share: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted-average
shares outstanding | |
| 729,676 | | | | 2,266,500 | | | | 1,066,705 | | | | 2,266,500 | | | | 6,900,000 | | | | 2,266,500 | | | | 6,900,000 | | | | 2,266,500 | |
| Ownership
percentage | |
| 24 | % | |
| 76 | % | |
| 32 | % | |
| 68 | % | |
| 75 | % | |
| 25 | % | |
| 75 | % | |
| 25 | % |
| Numerators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Allocation
of net loss including accretion of temporary equity | |
| (116,823 | ) | |
| (362,874 | ) | |
| (625,684 | ) | |
| (1,329,432 | ) | |
| (95,921 | ) | |
| (31,508 | ) | |
| (293,309 | ) | |
| (96,346 | ) |
| Interest
earned on investment held in trust account | |
| 85,725 | | |
| - | | |
| 271,452 | | |
| - | | |
| 952,787 | | |
| - | | |
| 2,818,129 | | |
| - | |
| Allocation
of net (loss) income | |
| (31,098 | ) | |
| (362,874 | ) | |
| (354,232 | ) | |
| (1,329,432 | ) | |
| 856,866 | | |
| (31,508 | ) | |
| 2,524,820 | | |
| (96,346 | ) |
| Denominators: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Weighted-average
shares outstanding | |
| 729,676 | | | | 2,266,500 | | | | 1,066,705 | | | | 2,266,500 | | | | 6,900,000 | | | | 2,266,500 | | | | 6,900,000 | | | | 2,266,500 | |
| Basic
and diluted net income (loss) per share | |
$ | (0.04 | ) | | $ | (0.16 | ) | | $ | (0.33 | ) | | $ | (0.59 | ) | | $ | 0.12 | | | $ | (0.01 | ) | | $ | 0.37 | | | $ | (0.04 | ) |
|
| SCHEDULE OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION REFLECTED IN THE BALANCE SHEET |
At
Septemer 30, 2025, the ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following
table:
SCHEDULE OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION REFLECTED IN THE BALANCE SHEET
| Public
offering proceeds | |
$ | 60,000,000 | |
| Less: | |
| | |
| Proceeds
allocated to Public Rights | |
| (3,272,724 | ) |
| Allocation
of offering costs related to redeemable shares | |
| (2,925,140 | ) |
| Plus: | |
| | |
| Accretion
of carrying value to redemption value | |
| 6,797,864 | |
| Ordinary
shares subject to possible redemption | |
| 60,600,000 | |
| | |
| | |
| Over-allotment | |
| | |
| Plus: | |
| | |
| Over-allotment
proceeds | |
| 9,000,000 | |
| Less: | |
| | |
| Proceeds
allocated to Public Rights | |
| (490,909 | ) |
| Allocation
of offering costs related to redeemable shares | |
| (212,727 | ) |
| Plus: | |
| | |
| Accretion
of carrying value to redemption value | |
| 793,636 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (income earned on trust account) | |
| 1,729,358 | |
| Ordinary
shares subject to possible redemption, December 31, 2023 | |
$ | 71,419,358 | |
| Plus: | |
| | |
| Subsequent
measurement of ordinary shares subject to possible redemption (income earned on trust account) | |
| 3,684,883 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (extension deposit) | |
| 690,000 | |
| Ordinary
shares subject to possible redemption, December 31, 2024 | |
$ | 75,794,241 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (income earned on trust account) | |
| 97,321 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (redemption) | |
| (66,519,453 | ) |
| Ordinary
shares subject to possible redemption, March 31, 2025 | |
$ | 9,372,109 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (income earned on trust account) | |
| 88,405 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (redemption) | |
| (1,144,954 | ) |
| Ordinary
shares subject to possible redemption, June 30, 2025 | |
$ | 8,315,560 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (redemption) | |
| (186,054 | ) |
| Subsequent
measurement of ordinary shares subject to possible redemption (income earned on trust account) | |
| 85,725 | |
| Ordinary
shares subject to possible redemption, September 30, 2025 | |
$ | 8,215,231 | |
|