Reported net income of $4,396,696 for the three months ended March 31, 2026, compared to a net loss of $364,540 in the same period of 2025. Net income was primarily driven by a $4,631,201 gain on the change in fair value of warrant liabilities. General and administrative expenses for the quarter were $237,912. As of March 31, 2026, the company held $438 in cash outside the Trust Account and had a working capital deficit of $6,178,846. The company has until July 30, 2026, to consummate an Initial Business Combination.