Convertible promissory note payable former sponsor
2,912,000
2,912,000
2,912,000
-
Accrued offering costs
-
-
-
5,000
Convertible promissory note payable current sponsors
3,687,325
2,977,325
2,977,325
-
Total current liabilities
7,059,692
6,093,695
6,166,039
5,302,731
Derivative warrant liabilities
18,207,600
14,793,675
27,311,400
5,689,875
Deferred underwriting commission
-
865,000
865,000
865,000
Total liabilities
25,267,292
21,752,370
34,342,439
11,857,606
Class a ordinary shares subject to possible redemption 489,887 shares (at redemption value of 13.19 and 12.95 at march 31, 2026 and december 31, 2025, respectively)
6,463,122
6,344,916
6,210,376
-
Ordinary shares-Common Class A
534
534
534
-
Ordinary shares-Common Class B
11
11
11
11
Ordinary shares-Common Classa Not Subject To Redemption
-
-
-
534
Accumulated deficit
-25,227,376
-21,650,611
-33,927,604
-11,622,025
Total shareholders' deficit
-25,226,831
-21,650,066
-33,927,059
-11,621,480
Class a ordinary shares subject to possible redemption 489,887 and 3,717,207 shares (at redemption value of 12.40 and 11.92 at june 30, 2025 and december 31, 2024, respectively)-Common Class Subject To Redemption
-
-
-
6,072,600
Liabilities, ordinary shares subject to possible redemption and shareholders' deficit
6,503,583
6,447,220
6,625,756
6,308,726
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Time Plot
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