In February 2025, the sponsor surrendered and forfeited 18,847,722 ordinary shares to the Company for no consideration. In May 2025, the sponsor surrendered and forfeited an additional 11,500,000 ordinary shares to the Company for no consideration, following which the sponsor holds 14,375,000 founder shares immediately upon surrender and forfeit. All share and per share data has been retrospectively presented (see Note 5).

[2]

The over-allotment option expired on November 8, 2025 resulting in a forfeiture of 1,875,000 ordinary shares (Note 5).

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net income (loss)	$ 8,734,276	$ (97,400)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Interest earned on cash and investments held in Trust Account	(8,948,533)
Recovery of credit losses	(30,000)
General and administrative costs paid through promissory note – related party		47,192
Changes in operating assets and liabilities:
Prepaid expenses	(17,035)	38,000
Due from Sponsor	30,000	(2,596)
Accounts payable and Accrued expenses	(43,957)	2,163
Net cash used in operating activities	(275,249)	(12,641)
Cash Flows from Financing Activities:
Proceeds from promissory notes	450,000
Net cash provided by financing activities	450,000
Net Change in Cash	174,751	(12,641)
Cash – Beginning of period	223	17,035
Cash – End of period	174,974	4,394
Supplemental disclosure of cash flow information:
Offering costs included in accrued offering costs		23,376
Accretion and remeasurement of redeemable ordinary shares to redemption value	8,948,533
Capital contribution through cancellation of administrative support fee	$ 62,333

Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 174,974	$ 223
Due from Sponsor, net of reserve for credit losses of $782,113 and $812,113 as of June 30, 2026 and December 31, 2025, respectively.
Prepaid expenses	42,849	25,814
Total Current Assets	217,823	26,037
Non-current Assets:
Cash and investments held in Trust Account	513,882,333	504,933,800
Total Non-current Assets	513,882,333	504,933,800
TOTAL ASSETS	514,100,156	504,959,837
Current liabilities:
Accounts payable	12,253	99,359
Accrued expenses	69,159	88,343
Accrued offering costs	113,162	113,162
Promissory notes	450,000
Total Current Liabilities	644,574	300,864
Non-current Liabilities:
Deferred underwriting fee payable	17,500,000	17,500,000
Total Non-current Liabilities	17,500,000	17,500,000
TOTAL LIABILITIES	18,144,574	17,800,864
Commitments and Contingencies (Note 7)
Ordinary shares subject to possible redemption, 50,000,000 shares at redemption value of $10.28 and $10.10 per share as of June 30, 2026 and December 31, 2025, respectively	513,882,333	504,933,800
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Ordinary shares, $0.0001 par value; 220,000,000 shares authorized; 13,700,000 shares issued and outstanding, excluding 50,000,000 shares subject to redemption as of June 30, 2026 and December 31, 2025	1,369	1,369
Additional paid-in capital
Accumulated deficit	(17,928,120)	(17,776,196)
Total Shareholders’ Deficit	(17,926,751)	(17,774,827)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT	$ 514,100,156	$ 504,959,837