0001193125-26-324170 | S-1 | XBRL Viewer

Condensed Consolidated Statements of Changes in Shareholders' Deficit (Unaudited) - USD ($)	Total	Ordinary Shares Class B	Additional Paid-in Capital	Accumulated Deficit
Beginning Balance at Nov. 26, 2024
Beginning Balance (in Shares) at Nov. 26, 2024
Class B Ordinary Shares issued to Sponsor (in Shares)		5,750,000
Class B Ordinary Shares issued to Sponsor	$ 25,000	$ 575	$ 24,425
Net loss	(18,571)			$ (18,571)
Ending Balance at Dec. 31, 2024	6,429	$ 575	24,425	(18,571)
Ending Balance (in Shares) at Dec. 31, 2024		5,750,000
Sale of Private Placement Warrants	4,500,000		4,500,000
Fair Value of Public Warrants at issuance	2,185,000		2,185,000
Allocated value of transaction costs to Class A Ordinary Shares	(84,264)		(84,264)
Accretion for Class A Ordinary Shares to redemption amount	(11,691,817)		(6,625,161)	(5,066,656)
Net loss	(6,303,763)			(6,303,763)
Ending Balance at Mar. 31, 2025	(11,388,415)	$ 575		(11,388,990)
Ending Balance (in Shares) at Mar. 31, 2025		5,750,000
Beginning Balance at Dec. 31, 2024	6,429	$ 575	24,425	(18,571)
Beginning Balance (in Shares) at Dec. 31, 2024		5,750,000
Sale of Private Placement Warrants	4,500,000		4,500,000
Fair Value of Public Warrants at issuance	2,185,000		2,185,000
Allocated value of transaction costs to Class A Ordinary Shares	(84,264)		(84,264)
Accretion for Class A Ordinary Shares to redemption amount	(18,866,179)		(6,625,161)	(12,241,018)
Net loss	(16,495,381)			(16,495,381)
Ending Balance at Dec. 31, 2025	(28,754,395)	$ 575		(28,754,970)
Ending Balance (in Shares) at Dec. 31, 2025		5,750,000
Accretion for Class A Ordinary Shares to redemption amount	(2,101,884)			(2,101,884)
Net loss	(129,303)			(129,303)
Ending Balance at Mar. 31, 2026	$ (30,985,582)	$ 575		$ (30,986,157)
Ending Balance (in Shares) at Mar. 31, 2026		5,750,000

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Number of new stock issued during the period.

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- Definition

Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.

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+ Details

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Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

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+ Details

- Definition

Value of accretion of temporary equity to its redemption value during the period.

+ References

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+ Details

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
General and administrative costs	$ 18,571	$ 966,218	$ 121,696	$ 2,213,588
Advisory Fee	0		6,900,000	6,900,000
Loss from operations	(18,571)	(966,218)	(7,021,696)	(9,113,588)
OTHER INCOME (EXPENSE)
Initial loss on PIPE Subscription Agreements liability				(15,582,052)
Change in fair value of PIPE Subscription Agreements liability	0	(1,264,969)	0	307,964
Interest earned on marketable securities held in Trust Account	0	2,101,884	717,933	7,892,295
Total other income	0	836,915	717,933	(7,381,793)
NET LOSS	$ (18,571)	$ (129,303)	$ (6,303,763)	$ (16,495,381)
Class A Ordinary Shares
OTHER INCOME (EXPENSE)
Weighted average shares outstanding (in Shares)		23,000,000	7,411,111	19,156,164
Basic net loss per ordinary share		$ 0	$ (0.5)	$ (0.67)
Weighted average shares outstanding (in Shares)		23,000,000	7,411,111	19,156,164
Diluted net loss per ordinary share		$ 0	$ (0.5)	$ (0.66)
Class B Ordinary Shares
OTHER INCOME (EXPENSE)
Weighted average shares outstanding (in Shares)	5,000,000	5,750,000	5,241,667	5,624,658
Basic net loss per ordinary share	$ 0	$ 0	$ (0.5)	$ (0.67)
Weighted average shares outstanding (in Shares)	5,000,000	5,750,000	5,241,667	5,750,000
Diluted net loss per ordinary share	$ 0	$ 0	$ (0.5)	$ (0.66)

Private Placement	3 Months Ended	12 Months Ended
Private Placement	Mar. 31, 2026	Dec. 31, 2025
Private Placement [Abstract]
PRIVATE PLACEMENT	NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in a private placement to the Sponsor, generating gross proceeds of $4,500,000. Each whole warrant entitles the registered holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant, in the Private Placement to the Sponsor, generating gross proceeds of $4,500,000.” Each whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. The Private Placement Warrants are identical to the Public Warrants sold in the Initial Public Offering except that, so long as they are held by the Sponsor, or their permitted transferees, the Private Placement Warrants (i) may not (including the Class A Ordinary Shares issuable upon exercise of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the initial Business Combination and (ii) will be entitled to registration rights.	NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in a private placement to the Sponsor, generating gross proceeds of $4,500,000. Each whole warrant entitles the registered holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. The Private Placement Warrants are identical to the Public Warrants sold in the Initial Public Offering except that, so long as they are held by the Sponsor, or their permitted transferees, the Private Placement Warrants (i) may not (including the Class A Ordinary Shares issuable upon exercise of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the initial Business Combination and (ii) will be entitled to registration rights.

Description of Organization and Business Operations (Details) - USD ($)			2 Months Ended	3 Months Ended	12 Months Ended
	Nov. 14, 2025	Mar. 03, 2025	Dec. 31, 2025	Mar. 31, 2026	Dec. 31, 2025	Dec. 31, 2024
Description of Organization and Business Operations [Line Items]
Date of incorporation				Nov. 27, 2024	Nov. 27, 2024
Gross proceeds					$ 230,000,000
Sale of warrants				4,500,000
Price per warrant				$ 1
Gross proceeds from warrants				$ 4,500,000
Number of shares in a unit				1	1
Transaction costs				$ 7,723,148	$ 7,723,148
Cash underwriting fee				250,000	250,000
Other offering costs				$ 573,148	$ 573,148
Fair market value percentage			80.00%	80.00%	80.00%
Percentage of outstanding voting securities				50.00%	50.00%
Maturity term of U.S government treasury obligations				185 days	185 days
Public shares, percentage			100.00%	100.00%	100.00%
Interest to pay dissolution expenses				$ 100,000	$ 100,000
Cash and cash equivalents			$ 1,329,433	1,124,492	1,329,433	$ 0
Deferred Fee				6,900,000	6,900,000
Revenue	$ 400,000,000		$ 400,000,000
Other income				525,000,000
Working capital loan				1,500,000
Working Capital Loans
Maximum [Member]
Description of Organization and Business Operations [Line Items]
Interest taxes	5,000,000
Minimum [Member]
Description of Organization and Business Operations [Line Items]
Interest taxes	$ 500,000
Working Capital Loans Member
Description of Organization and Business Operations [Line Items]
Working Capital Loans					$ 0
Private Placement Warrants [Member]
Description of Organization and Business Operations [Line Items]
Price per warrant			$ 1	$ 1	$ 1
Gross proceeds from warrants				$ 4,500,000	$ 4,500,000
Working capital loan			$ 1,500,000		$ 1,500,000
Private Placement Warrants [Member] \| Loans [Member]
Description of Organization and Business Operations [Line Items]
Conversion price per share			$ 1	$ 1	$ 1
Private Placement Warrants [Member] \| Working Capital Loans Member
Description of Organization and Business Operations [Line Items]
Conversion price per share			1	1	1
Trust Account [Member]
Description of Organization and Business Operations [Line Items]
Price per share			10.05	10.05	10.05
Class A Ordinary Shares [Member]
Description of Organization and Business Operations [Line Items]
Price per warrant			11.5	$ 11.5	$ 11.5
Number of shares in a unit					1
Number of warrants in a unit		1
Warrant to purchase share				11.5
Common stock par value			0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Class A Ordinary Shares [Member] \| Private Placement Warrants [Member]
Description of Organization and Business Operations [Line Items]
Price per warrant			$ 11.5	$ 11.5	$ 11.5
Warrant to purchase share			1	1	1
Teamshares Merger Agreement [Member]
Description of Organization and Business Operations [Line Items]
Common stock par value			$ 10	$ 10	$ 10
Other income					$ 525,000,000
IPO [Member]
Description of Organization and Business Operations [Line Items]
Number of units issued			23,000,000	23,000,000	23,000,000
Price per unit		$ 10.05	$ 10	$ 10	$ 10
Gross proceeds		$ 231,150,000
IPO [Member] \| Private Placement Warrants [Member]
Description of Organization and Business Operations [Line Items]
Sale of warrants			4,500,000	4,500,000	4,500,000
IPO [Member] \| Trust Account [Member]
Description of Organization and Business Operations [Line Items]
Price per unit		$ 10.05
IPO [Member] \| Live Oak Sponsor V, LLC [Member]
Description of Organization and Business Operations [Line Items]
Number of units issued		23,000,000
Price per unit		$ 10
Gross proceeds		$ 230,000,000
IPO [Member] \| Class A Ordinary Shares [Member]
Description of Organization and Business Operations [Line Items]
Warrant to purchase share			1	1	1
Common stock par value			$ 12	$ 12	$ 12
Over-Allotment Option [Member]
Description of Organization and Business Operations [Line Items]
Number of units issued			3,000,000	3,000,000	3,000,000
Over-Allotment Option [Member] \| Live Oak Sponsor V, LLC [Member]
Description of Organization and Business Operations [Line Items]
Number of units issued		3,000,000
Price per unit		$ 10
Price per warrant		10
Private Placement [Member] \| Private Placement Warrants [Member]
Description of Organization and Business Operations [Line Items]
Sale of warrants			4,500,000	4,500,000	4,500,000
Gross proceeds from warrants				$ 4,500,000	$ 4,500,000
Private Placement [Member] \| Class A Ordinary Shares [Member]
Description of Organization and Business Operations [Line Items]
Price per warrant			$ 11.5	$ 11.5	$ 11.5
Warrant to purchase share			1	1	1
Public Share [Member]
Description of Organization and Business Operations [Line Items]
Price per share			$ 10.05	$ 10.05	$ 10.05
Public Share [Member] \| Trust Account [Member]
Description of Organization and Business Operations [Line Items]
Price per share			$ 10.39	$ 10.39	$ 10.39
Public Share [Member] \| Class A Ordinary Shares [Member]
Description of Organization and Business Operations [Line Items]
Price per unit		$ 0.0001

Initial Public Offering (Details) - $ / shares	3 Months Ended	12 Months Ended
Initial Public Offering (Details) - $ / shares	Mar. 31, 2026	Dec. 31, 2025	Mar. 03, 2025
Initial Public Offering [Line Items]
Number of shares in a unit	1	1
Price per warrant (in Dollars per share)	$ 1
Expiry term	30 days	30 days
Warrant [Member]
Initial Public Offering [Line Items]
Warrant to purchase shares		1
Class A Ordinary Shares [Member]
Initial Public Offering [Line Items]
Number of shares in a unit		1
Warrant to purchase shares	11.5
Price per warrant (in Dollars per share)	$ 11.5	$ 11.5
Class A Ordinary Shares [Member] \| Warrant [Member]
Initial Public Offering [Line Items]
Price per warrant (in Dollars per share)	$ 11.5	$ 11.5
IPO [Member]
Initial Public Offering [Line Items]
Number of units	23,000,000	23,000,000
Price per unit (in Dollars per share)	$ 10	$ 10	$ 10.05
IPO [Member] \| Class A Ordinary Shares [Member]
Initial Public Offering [Line Items]
Warrant to purchase shares	1	1
Over-Allotment Option [Member]
Initial Public Offering [Line Items]
Number of units	3,000,000	3,000,000

Fair Value Measurements - Schedule of Assets Held in Trust Account (Details) - USD ($)	Mar. 31, 2026	Dec. 31, 2025	Dec. 31, 2024
Assets:
Marketable securities held in Trust Account	$ 241,144,179	$ 239,042,295	$ 0
Liabilities:
PIPE Subscription Agreements liability	16,539,057	15,274,088	$ 0
Level 1 [Member]
Assets:
Marketable securities held in Trust Account	241,144,179	239,042,295
Liabilities:
PIPE Subscription Agreements liability
Level 2 [Member]
Assets:
Marketable securities held in Trust Account
Liabilities:
PIPE Subscription Agreements liability
Level 3 [Member]
Assets:
Marketable securities held in Trust Account
Liabilities:
PIPE Subscription Agreements liability	$ 16,539,057	$ 15,274,088

Segment Information - Schedule of CODM Reviews Several Key Metrics Included in Net Income (Loss) and Total Assets (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Schedule of CODM Reviews Several Key Metrics Included in Net Income (Loss) and Total Assets [Abstract]
Marketable securities held in Trust Account	$ 0	$ 241,144,179		$ 239,042,295
Cash	0	1,124,492		1,329,433
General and administrative costs	18,571	966,218	$ 121,696	2,213,588
Interest earned on marketable securities held in Trust Account	$ 0	$ 2,101,884	$ 717,933	$ 7,892,295

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

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-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
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Reference 9: http://www.xbrl.org/2003/role/exampleRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-12

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 45
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477796/946-210-45-21

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-SubTopic 210
-Topic 946
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477796/946-210-45-20

+ Details

Fair Value Measurements - Schedule of Fair Value of PIPE Subscription Agreements Derivative Liability (Details) - USD ($)	1 Months Ended	2 Months Ended	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2025	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Schedule of Fair Value of PIPE Subscription Agreements Derivative Liability [Line Items]
Beginning Balance of fair value			$ 15,274,088	$ 0	$ 0
Change in fair value	$ 0		1,264,969	$ 0	(307,964)
Ending Balance of fair value	$ 0	$ 15,274,088	16,539,057		15,274,088
PIPE Subscription Agreement [Member]
Schedule of Fair Value of PIPE Subscription Agreements Derivative Liability [Line Items]
Beginning Balance of fair value		15,582,052	15,274,088
Change in fair value		(307,964)	1,264,969
Ending Balance of fair value		$ 15,274,088	$ 16,539,057		$ 15,274,088

Fair Value Measurements - Schedule of PIPE Subscription Agreements Liability (Details)	Mar. 31, 2026 yr	Dec. 31, 2025 yr	Nov. 14, 2025 yr
Probability of Business Combination [Member]
Schedule of PIPE Subscription Agreements Liability [Line Items]
Fair value measurement inputs	0.95	0.90	0.85
Underlying Ordinary Share price
Schedule of PIPE Subscription Agreements Liability [Line Items]
Fair value measurement inputs	10.4	10.3	10.32
Term (years) [Member]
Schedule of PIPE Subscription Agreements Liability [Line Items]
Fair value measurement inputs	0.21	0.41	0.54
Risk-free rate [Member]
Schedule of PIPE Subscription Agreements Liability [Line Items]
Fair value measurement inputs	0.0374	0.0362	0.0379
Volatility [Member]
Schedule of PIPE Subscription Agreements Liability [Line Items]
Fair value measurement inputs	0.015	0.046	0.127

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Cash Flows from Operating Activities:
Net loss	$ (18,571)	$ (129,303)	$ (6,303,763)	$ (16,495,381)
Adjustments to reconcile net loss to net cash used in operating activities:
Payment of formation costs included in general and administrative expenses through IPO Promissory Note – related party	5,370		2,251
Payment of expenses through IPO Promissory Note – related party	10,451			2,251
Interest earned on marketable securities held in Trust Account	0	(2,101,884)	(717,933)	(7,892,295)
Initial loss on PIPE Subscription Agreements liability				15,582,052
Change in fair value of PIPE Subscription Agreements liability	0	1,264,969	0	(307,964)
Changes in operating assets and liabilities:
Prepaid expenses		6,250	(179,770)	(83,371)
Long-term prepaid insurance		14,167	(77,917)	(14,167)
Accrued expenses	2,750	740,859	13,253	1,033,537
Advisory Fee payable			6,900,000	6,900,000
Net cash used in operating activities		(204,942)	(363,879)	(1,275,338)
Cash Flows from Investing Activities:
Investment of cash into Trust Account			(231,150,000)	(231,150,000)
Net cash used in investing activities			(231,150,000)	(231,150,000)
Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid			229,750,000	229,750,000
Proceeds from sale of Private Placements Warrants			4,500,000	4,500,000
Repayment from Sponsor				(713)
Repayment of IPO Promissory Note - related party			(176,573)	(176,573)
Payment of offering costs			(310,836)	(317,943)
Net cash provided by financing activities			233,762,591	233,754,771
Net change in cash and cash equivalents		(204,942)	2,248,712	1,329,433
Cash and cash equivalents, beginning of the period		1,329,433
Cash and cash equivalents, end of the period		1,124,492	2,248,712	1,329,433
Non-cash investing and financing activities:
Prepaid expenses paid through IPO Promissory Note – related party	28,955
Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares	25,000
Deferred offering costs paid through IPO Promissory Note – related party	13,591		115,955	115,955
Offering costs included in accrued offering costs			82,107	82,107
Deferred underwriting fee payable			6,900,000	6,900,000
Deferred offering costs applied to prepaid expense			$ 5,206	$ 5,206

Related Party Transactions (Details) - USD ($)					1 Months Ended	3 Months Ended	12 Months Ended
Related Party Transactions (Details) - USD ($)	Apr. 01, 2026	Mar. 03, 2025	Feb. 28, 2025	Dec. 20, 2024	Dec. 31, 2024	Mar. 31, 2026	Dec. 31, 2025
Related Party Transactions [Line Items]
Capital contribution					$ 25,000
Sale of warrants (in Shares)						4,500,000
Warrant price (in Dollars per share)						$ 1
Gross proceeds from warrants						$ 4,500,000
Number of trading days after completion of initial business combination						150 days	150 days
Proceeds from initial public offering							$ 230,000,000
Payment for office space			$ 17,500
Fees paid for services			$ 175,000			$ 52,500	17,500
Due from sponsor					0	713	713
Founder shares	$ 1,150,000
Working Capital Loans [Member]
Related Party Transactions [Line Items]
Working capital loans						$ 0	$ 0
Private Placement Warrants [Member]
Related Party Transactions [Line Items]
Warrant price (in Dollars per share)						$ 1	$ 1
Gross proceeds from warrants						$ 4,500,000	$ 4,500,000
Private Placement Warrants [Member] \| Working Capital Loans [Member]
Related Party Transactions [Line Items]
Working capital loans						$ 1,500,000	$ 1,500,000
Conversion price (in Dollars per share)						$ 1	$ 1
Founder Shares [Member]
Related Party Transactions [Line Items]
Number of shares surrendered (in Shares)				750,000
Number of shares no longer subject to forfeiture (in Shares)		750,000
Number of trading days after completion of initial business combination						30 days	30 days
Sponsor [Member]
Related Party Transactions [Line Items]
Capital contribution				$ 25,000
Due from sponsor					$ 0	$ 713	$ 713
Sponsor [Member] \| Promissory Note [Member]
Related Party Transactions [Line Items]
Aggregate loan						$ 300,000	300,000
Repayment amount							$ 176,573
Sponsor [Member] \| Founder Shares [Member]
Related Party Transactions [Line Items]
Shares issued (in Shares)				5,750,000
Price per unit				$ 0.004
Class A Ordinary Shares [Member]
Related Party Transactions [Line Items]
Ordinary shares, par value (in Dollars per share)					$ 0.0001	$ 0.0001	$ 0.0001
Warrant price (in Dollars per share)						$ 11.5	$ 11.5
Warrant to purchase share (in Shares)						11.5
Number of trading days after completion of initial business combination						20 days	20 days
Class A Ordinary Shares [Member] \| Private Placement Warrants [Member]
Related Party Transactions [Line Items]
Warrant price (in Dollars per share)						$ 11.5	$ 11.5
Warrant to purchase share (in Shares)						1	1
Class B Ordinary Shares [Member]
Related Party Transactions [Line Items]
Ordinary shares, par value (in Dollars per share)					$ 0.0001	$ 0.0001	$ 0.0001
Class B Ordinary Shares [Member] \| Sponsor [Member]
Related Party Transactions [Line Items]
Capital contribution				$ 25,000
Ordinary shares, par value (in Dollars per share)				$ 0.0001
Shares issued (in Shares)				5,750,000
Price per unit				$ 0.004
IPO [Member]
Related Party Transactions [Line Items]
Proceeds from initial public offering		$ 231,150,000
Price per unit		$ 10.05				$ 10	$ 10
IPO [Member] \| Promissory Note [Member]
Related Party Transactions [Line Items]
Proceeds from initial public offering						$ 1,000,000	$ 1,000,000
IPO [Member] \| Private Placement Warrants [Member]
Related Party Transactions [Line Items]
Sale of warrants (in Shares)						4,500,000	4,500,000
IPO [Member] \| Class A Ordinary Shares [Member]
Related Party Transactions [Line Items]
Ordinary shares, par value (in Dollars per share)						$ 12	$ 12
Warrant to purchase share (in Shares)						1	1

Subsequent Events (Details)	Apr. 01, 2026 USD ($)
Subsequent Event [Line Items]
Founder shares	$ 1,150,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Founder shares	$ 1,150,000

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)		1 Months Ended	3 Months Ended		12 Months Ended
	Mar. 03, 2025	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Summary of Significant Accounting Policies [Line Items]
Cash and cash equivalents		$ 0	$ 1,124,492		$ 1,329,433
Maturity term			185 days		185 days
Assets held in the trust account		0	$ 241,144,179		$ 239,042,295
Transaction costs			7,723,148		7,723,148
Cash underwriting fee			250,000		250,000
Other offering costs			$ 573,148		573,148
Fair value of the public warrants				$ 2,185,000	2,185,000
Price per warrant (in Dollars per share)			$ 1
Deferred Fee			$ 6,900,000		6,900,000
Unrecognized tax benefits
Accrued amount for interest and penalties
Change in fair value of PIPE Subscription Agreements liability		0	1,264,969	$ 0	(307,964)
Deferred underwriting fee		0	6,900,000		6,900,000
PIPE Subscription Agreements liability		$ 0	16,539,057		15,274,088
Public Warrant [Member]
Summary of Significant Accounting Policies [Line Items]
Fair value of the public warrants	$ 2,185,000
Price per warrant (in Dollars per share)	$ 0.19
Change in fair value of PIPE Subscription Agreements liability			$ 16,539,057		$ 15,274,088

Segment Information (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Segment Information [Abstract]

Schedule of CODM Reviews Several Key Metrics Included in Net Income (Loss) and Total Assets

When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net loss and total assets, which include the following:


	March 31, 2026		December 31, 2025
Marketable securities held in Trust Account	$	241,144,179	$	239,042,295
Cash and Cash Equivalents	$	1,124,492	$	1,329,433


	For the Three Months Ended March 31,
	2026		2025
General and administrative costs	$	966,218	$	121,696
Interest earned on marketable securities held in Trust Account	$	2,101,884	$	717,933

When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income (loss) and total assets, which include the following:


	December 31, 2025		December 31, 2024
Marketable securities held in Trust Account	$	239,042,295	$	—
Cash	$	1,329,433	$	—


	For the Year Ended December 31, 2025		For the Period from November 27, 2024 (Inception) Through December 31, 2024
General and administrative costs	$	2,213,588	$	18,571
Interest earned on marketable securities held in Trust Account	$	7,892,295	$	—

- Definition

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details

Segment Information (Details) - Segment	3 Months Ended	12 Months Ended
Segment Information (Details) - Segment	Mar. 31, 2026	Dec. 31, 2025
Segment Information [Abstract]
Approach of CODM to determine segment information	The Company’s CODM has been identified as the Chief Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance.	The Company’s CODM has been identified as the Chief Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance.
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]	Chief Financial Officer [Member]	Chief Financial Officer [Member]
Number of reportable segment	1	1

Stockholders' Equity (Deficit)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Shareholders' Deficit [Abstract]

Stockholders' Equity (Deficit)

NOTE 7. SHAREHOLDERS’ DEFICIT

Preference Shares

The Company is authorized to issue a total of 5,000,000 preference shares at par value of $0.0001 each. At March 31, 2026 and December 31, 2025, there were no preference shares issued or outstanding.

Class A Ordinary Shares

The Company is authorized to issue a total of 500,000,000 Class A Ordinary Shares at par value of $0.0001 each. As of March 31, 2026 and December 31, 2025, there were no Class A Ordinary Shares issued or outstanding, excluding the 23,000,000 Class A Ordinary Shares subject to possible redemption.

Class B Ordinary Shares

approximately $0.004 per share. As of March 31, 2026 and December 31, 2025, there were 5,750,000 Class B Ordinary Shares issued and outstanding.

The Founder Shares will automatically convert into Class A Ordinary Shares concurrently with or immediately following the consummation of the initial Business Combination or earlier at the option of the holder on a

one-for-one

basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and subject to further adjustment as provided herein. In the case that additional Class A Ordinary Shares, or any other equity-linked securities, are issued or deemed issued in excess of the amounts sold in the Initial Public Offering and related to or in connection with the closing of the initial Business Combination, the ratio at which Class B Ordinary Shares convert into Class A Ordinary Shares will be adjusted (unless the holders of a majority of the outstanding Class B Ordinary Shares agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A Ordinary Shares issuable upon conversion of all Class B Ordinary Shares will equal, in the aggregate, 20.00% of the sum of (i) the total number of all Class A Ordinary Shares outstanding upon the completion of the Initial Public Offering (including any Class A Ordinary Shares issued pursuant to the exercises of the Over-Allotment Option and excluding the Class A Ordinary Shares issuable upon exercise of the Private Placement Warrants), plus (ii) all Class A Ordinary Shares and equity-linked securities issued or deemed issued, in connection with the closing of the initial Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the initial Business Combination and any warrants issued to the Sponsor or any of its affiliates or to the Company’s officers or directors upon conversion of Working Capital Loans) minus (iii) any redemptions of Public Shares by Public Shareholders in connection with an initial Business Combination; provided that such conversion of Founder Shares will never occur on a less than

one-for-one

basis.

Holders of the Ordinary Shares are entitled to one vote for each Ordinary Share held on all matters to be voted on by shareholders. Unless specified in the Amended and Restated Articles or as required by the Companies Act (As Revised) of the Cayman Islands or stock exchange rules, an ordinary resolution under Cayman Islands law and the Amended and Restated Articles, which requires the affirmative vote of at least a majority of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company is generally required to approve any matter voted on by the Company’s shareholders. Approval of certain actions requires a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative vote of at least

two-thirds

of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting, and pursuant to the Amended and Restated Articles, such actions include amending the Amended and Restated Articles and approving a statutory merger or consolidation with another company. There is no cumulative voting with respect to the appointment of directors, meaning, following the initial Business Combination, the holders of more than 50% of the Ordinary Shares voted for the appointment of directors can elect all of the directors. Prior to the consummation of the initial Business Combination, only holders of the Class B Ordinary Shares (i) have the right to vote on the appointment and removal of directors and (ii) are entitled to vote on continuing the Company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend the constitutional documents or to adopt new constitutional documents, in each case, as a result of approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders of Class A Ordinary Shares are not entitled to vote on these matters during such time. These provisions of the Amended and Restated Articles may only be amended if approved by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed in respect of the consummation of the initial Business Combination,

two-thirds)

of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company.

Warrants

As of March 31, 2026 and December 31, 2025, there were 16,000,000 Warrants outstanding, including 11,500,000 Public Warrants and 4,500,000 Private Placement Warrants. Each whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment as discussed herein. The Warrants cannot be exercised until 30 days after the completion of the initial Business Combination, and will expire at 5:00 p.m., New York City time, five years after the completion of the initial Business Combination or earlier upon redemption or liquidation.

The Company will not be obligated to deliver any Class A Ordinary Shares pursuant to the exercise of a Warrant and will have no obligation to settle such Warrant exercise unless a registration statement under the Securities Act with respect to the Class A Ordinary Shares issuable upon exercise of the Warrants is then effective and a prospectus relating thereto is current. No Warrant will be exercisable and the Company will not be obligated to issue a Class A Ordinary Share upon exercise of a Warrant unless the Class A Ordinary Share issuable upon such Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to a Warrant, the holder of such Warrant will not be entitled to exercise such Warrant and such Warrant may have no value and expire worthless. In no event will the Company be required to net cash settle any Warrant. In the event that a registration statement is not effective for the exercised Warrants, the purchaser of a Unit containing such Warrant will have paid the full purchase price for the Unit solely for the Class A Ordinary Share underlying such Unit.

Under the terms of the Warrant Agreement, dated February 27, 2025 that the Company entered into with Continental (the “Warrant Agreement”), the Company has agreed that, as soon as practicable, but in no event later than 20 business days, after the closing of its Business Combination, it will use its commercially reasonable efforts to file with the SEC a post-effective amendment to the IPO Registration Statement or a new registration statement covering the registration under the Securities Act of the Class A Ordinary Shares issuable upon exercise of the Warrants and thereafter will use its commercially reasonable efforts to cause the same to become effective within 60 business days following the initial Business Combination and to maintain a current prospectus relating to the Class A Ordinary Shares issuable upon exercise of the Warrants until the expiration of the Warrants in accordance with the provisions of the Warrant Agreement. If a registration statement covering the Class A Ordinary Shares issuable upon exercise of the Warrants is not effective by the sixtieth (60

) business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class A Ordinary Shares are at the time of any exercise of a Warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their Public Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its commercially reasonable efforts to register or qualify the Class A Ordinary Shares under applicable blue sky laws to the extent an exemption is not available.

multiplied by the excess of the “fair market value” of the Class A Ordinary Shares over the exercise price of the Public Warrants by (y) the fair market value. The “fair market value” is the average reported closing price of the Class A Ordinary Shares for the 10 trading days ending on the third trading day prior to the date on which the notice of exercise is received by the warrant agent or on which the notice of redemption is sent to the holders of Public Warrants, as applicable.

The Company may redeem the outstanding Public Warrants:

•

in whole and not in part;

•

at a price of $0.01 per Public Warrant;

•

upon a minimum of 30 days’ prior written notice of redemption; and

•

if, and only if, the closing price of the Class A Ordinary Shares equals or exceeds $18.00 per share (as adjusted for adjustments to the number of Class A Ordinary Shares issuable upon exercise or the exercise price of a Public Warrant) for any 20 trading days within a

30-trading

day period commencing at least 30 days after completion of the initial Business Combination and ending three business days before the Company sends the notice of redemption to the warrant holders.

Additionally, if the number of outstanding Class A Ordinary Shares is increased by a share capitalization payable in Class A Ordinary Shares, or by a subdivision of Ordinary Shares or other similar event, then, on the effective date of such share capitalization, subdivision or similar event, the number of Class A Ordinary Shares issuable upon exercise of each Warrant will be increased in proportion to such increase in the outstanding Ordinary Shares. A rights offering made to all or substantially all holders of Ordinary Shares entitling holders to purchase Class A Ordinary Shares at a price less than the fair market value will be deemed a share capitalization of a number of Class A Ordinary Shares equal to the product of (i) the number of Class A Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Class A Ordinary Shares) and (ii) the quotient of (x) the price per Class A Ordinary Share paid in such rights offering and (y) the fair market value. For these purposes (i) if the rights offering is for securities convertible into or exercisable for Class A Ordinary Shares, in determining the price payable for Class A Ordinary Shares, there will be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) fair market value means the volume weighted average price of Class A Ordinary Shares as reported during the ten (10) trading day period ending on the trading day prior to the first date on which the Class A Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights.

In addition, if (x) the Company issues additional Class A Ordinary Shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A Ordinary Share (with such issue price or effective issue price to be determined in good faith by the Board and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds (including from such issuances and the Initial Public Offering), and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Class A Ordinary Shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, then the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the

higher of the Market Value and the

Newly

Issued Price, and the $18.00 per share redemption trigger will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price.

NOTE 7. SHAREHOLDERS’ EQUITY (DEFICIT)

Preference Shares

The Company is authorized to issue a total of 5,000,000 preference shares at par value of $0.0001 each. At December 31, 2025 and 2024, there were no preference shares issued or outstanding.

Class A Ordinary Shares

The Company is authorized to issue a total of 500,000,000 Class A Ordinary Shares at par value of $0.0001 each. As of December 31, 2025 and 2024, there were no Class A Ordinary Shares issued or outstanding, excluding the 23,000,000 Class A Ordinary Shares subject to possible redemption.

Class B Ordinary Shares

The Company is authorized to issue a total of 50,000,000 Class B Ordinary Shares at par value of $0.0001 each. On December 20, 2024, the Company issued 5,750,000 Class B Ordinary Shares to the Sponsor for $25,000, or approximately $0.004 per share. As of December 31, 2025 and 2024, there were 5,750,000 Class B Ordinary Shares issued and outstanding.

one-for-one

Public Shares by Public Shareholders in connection with an initial Business Combination; provided that such conversion of Founder Shares will never occur on a less than

one-for-one

basis.

two-thirds

two-thirds)

of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company.

Warrants

As of December 31, 2025 and 2024, there were 16,000,000 Warrants outstanding, including 11,500,000 Public Warrants and 4,500,000 Private Placement Warrants. Each whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50

per share, subject to adjustment as discussed herein. The Warrants cannot be exercised until 30 days after the completion of the initial Business Combination,

d will expire at 5:00 p.m., New York City time, five years after the completion of the initial Business Combination or earlier upon redemption or liquidation.

business days, after the closing of its Business Combination, it will use its commercially reasonable efforts to file with the SEC a post-effective amendment to the IPO Registration Statement or a new registration statement covering the registration under the Securities Act of the Class A Ordinary Shares issuable upon exercise of the Warrants and thereafter will use its commercially reasonable efforts to cause the same to become effective within

business days following the initial Business Combination and to maintain a current prospectus relating to the Class A Ordinary Shares issuable upon exercise of the Warrants until the expiration of the Warrants in accordance with the provisions of the Warrant Agreement. If a registration statement covering the Class A Ordinary Shares issuable upon exercise of the Warrants is not effective by the sixtieth (60

If the holders exercise their Public Warrants on a cashless basis, they would pay the warrant exercise price by surrendering the Public Warrants for that number of Class A Ordinary Shares equal to the quotient obtained by dividing (x) the product of the number of Class A Ordinary Shares issuable upon exercise of the Public Warrants, multiplied by the excess of the “fair market value” of the Class A Ordinary Shares over the exercise price of the Public Warrants by (y) the fair market value. The “fair market value” is the average reported closing price of the Class A Ordinary Shares for the

trading days ending on the third trading day prior to the date on which the notice of exercise is received by the warrant agent or on which the notice of redemption is sent to the holders of Public Warrants, as applicable.

The Company may redeem the outstanding Public Warrants:

•

in whole and not in part;

•

at a price of $0.01

per Public Warrant;

•

upon a minimum of 30 days’

prior written notice of redemption; and

•

if, and only if, the closing price of the Class A Ordinary Shares equals or exceeds $

18.00

per share (as adjusted for adjustments to the number of Class A Ordinary Shares issuable upon exercise or the exercise price of a Public Warrant) for any

trading days within a

30-trading

day period commencing at least 30 days after completion of the initial Business Combination and ending three business days before the Company sends the notice of redemption to the warrant holders.

Class A Ordinary Shares at a price less than the fair market value will be deemed a share capitalization of a number of Class A Ordinary Shares equal to the product of (i) the number of Class A Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Class A Ordinary Shares) and (ii) the quotient of (x) the price per Class A Ordinary Share paid in such rights offering and (y) the fair market value. For these purposes (i) if the rights offering is for securities convertible into or exercisable for Class A Ordinary Shares, in determining the price payable for Class A Ordinary Shares, there will be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) fair market value means the volume weighted average price of Class A Ordinary Shares as reported during the ten (10) trading day period ending on the trading day prior to the first date on which the Class A Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights.

addition, if (x) the Company issues additional Class A Ordinary Shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at an issue price or effective issue price of less than $

9.20

per Class A Ordinary Share (with such issue price or effective issue price to be determined in good faith by the Board and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than

% of the total equity proceeds (including from such issuances and the Initial Public Offering), and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Class A Ordinary Shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $

9.20

per share, then the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to

115

% of the higher of the Market Value and the Newly Issued Price, and the $

18.00

per share redemption trigger will be adjusted (to the nearest cent) to be equal to

180

% of the higher of the Market Value and the Newly Issued Price.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 25: http://www.xbrl.org/2003/role/disclosureRef
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Reference 26: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Commitments and Contingencies	3 Months Ended	12 Months Ended
Commitments and Contingencies	Mar. 31, 2026	Dec. 31, 2025
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6. COMMITMENTS AND CONTINGENCIES Risks and Uncertainties The Company’s ability to complete an initial Business Combination may be adversely affected by various factors, many of which are beyond the Company’s control. The Company’s ability to consummate an initial Business Combination could be impacted by, among other things, changes in laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine, between the United States, Israel, Iran and others in the Middle East, and Southwest Asia or other armed hostilities. The Company cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s ability to complete an initial Business Combination. Registration Rights Agreement The holders of the (i) Founder Shares, (ii) Private Placement Warrants and (iii) warrants that may be issued upon conversion of Working Capital Loans (and in each case holders of their underlying securities, as applicable) have registration rights to require the Company to register for resale of any of the Company’s securities held by them and any other securities of the Company acquired by them prior to the consummation of the initial Business Combination pursuant to a registration rights agreement, dated February 27, 2025, which the Company entered into with the Sponsor and the other signatories thereto. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggyback” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Underwriters had a 45-day option from the date of the Initial Public Offering to purchase up to an additional 3,000,000 Option Units to cover over-allotments, if any. On March 3, 2025, simultaneously with the closing of the Initial Public Offering, the Underwriters elected to fully exercise the Over-Allotment Option to purchase the additional 3,000,000 Option Units at a price of $10.00 per Option Unit. The Underwriters were paid a commission of $250,000 upon the closing of the Initial Public Offering. The Underwriters are also entitled to a deferred underwriting discount of $6,900,000 (3.0% of the gross proceeds of the Initial Public Offering held in the Trust Account) upon the completion of the initial Business Combination subject to the terms of the underwriting agreement, dated February 24, 2025 (the “Deferred Fee”), but such Deferred Fee shall be based partly on amounts remaining in the Trust Account following all properly submitted shareholder redemptions in connection with the consummation of the initial Business Combination. The Company had agreed to reimburse the Underwriters for certain out-of-pocket costs for the Initial Public Offering up to an aggregate reimbursement allowance of $35,000 for legal fees related to the review by Financial Industry Regulatory Authority. Advisory Fee In addition to the Deferred Fee, the Company engaged Santander US Capital Markets LLC, the representative of the Underwriters (the “Representative”), to provide advisory services from time to time. As compensation for the services provided under an engagement letter, the Company shall pay the Representative a fee equal to 3.00% of the gross proceeds raised in the Initial Public Offering, payable upon closing of such initial Business Combination (the “Advisory Fee”). The Company has agreed to indemnify the Representative and its affiliates in connection with its role in providing the advisory services. The termination clause in the engagement letter deems the Advisory Fee earned and recordable as of March 31, 2026 and December 31, 2025, and $6,900,000 has been recorded as deferred advisory fee on the accompanying condensed consolidated balance sheets, respectively. PIPE Subscription Agreements Contemporaneously with the execution of the Teamshares Merger Agreement, certain investors each entered into the PIPE Subscription Agreements with the Company in connection with the proposed Teamshares Business Combination. Pursuant to the PIPE Subscription Agreements, such investors committed to purchase shares of the Company’s Class A common stock at $9.20 per share, subject to customary closing conditions. The PIPE investment is expected to close concurrently with the consummation of the Teamshares Business Combination. The Company accounts for each PIPE Subscription Agreement as a derivative instrument in accordance with the guidance in ASC 815-40. The instrument is subject to re-measurement at each balance sheet date, with changes in fair value recognized in the accompanying unaudited condensed consolidated statements of operations. As of March 31, 2026 and December 31, 2025, the fair value of the PIPE Subscription Agreements liability was $16,539,057 and $15,274,088, respectively. Fee Letter Agreement In connection with the proposed Teamshares Business Combination, on December 24, 2025 the Company entered into a fee letter agreement pursuant to which the Company is obligated to pay a closing fee of $1,000,000 to the lenders in connection with a credit agreement entered into by Teamshares, if a forward purchase agreement (“FPA”) is entered into by the termination date (the “Fee Letter Agreement”). If an FPA is not entered into by the termination date the fee payable to lenders would increase to $5,000,000. The Fee Letter Agreement was analyzed under ASC 815 and concluded that the Sponsor Compensation (as defined under the Fee Letter Agreement) obligation must be accounted for as a liability, measured at fair value with changes recognized in earnings, because equity classification under ASC 815-40 is explicitly precluded. The Company assessed the value of the Fee Letter Agreement and determined it to be immaterial to the accompanying unaudited condensed consolidated financial statements, and as such, no liability or expense has been recorded in connection with the Fee Letter Agreement as of March 31, 2026.	NOTE 6. COMMITMENTS AND CONTINGENCIES Risks and Uncertainties The Company’s ability to complete an initial Business Combination may be adversely affected by various factors, many of which are beyond the Company’s control. The Company’s ability to consummate an initial Business Combination could be impacted by, among other things, changes in laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine, between the United States, Israel, Iran and others in Middle East, and Southwest Asia or other armed hostilities. The Company cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s ability to complete an initial Business Combination. Registration Rights Agreement The holders of the (i) Founder Shares, (ii) Private Placement Warrants and (iii) warrants that may be issued upon conversion of Working Capital Loans (and in each case holders of their underlying securities, as applicable) have registration rights to require the Company to register for resale of any of the Company’s securities held by them and any other securities of the Company acquired by them prior to the consummation of the initial Business Combination pursuant to a registration rights agreement, dated February 27, 2025, which the Company entered into with the Sponsor and the other signatories thereto. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggyback” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Underwriters had a 45-day option from the date of the Initial Public Offering to purchase up to an additional 3,000,000 Option Units to cover over-allotments, if any. On March 3, 2025, simultaneously with the closing of the Initial Public Offering, the Underwriters elected to fully exercise the Over-Allotment Option to purchase the additional 3,000,000 Option Units at a price of $10.00 per Option Unit. The Underwriters were paid a commission of $250,000 upon the closing of the Initial Public Offering. The Underwriters are also entitled to a deferred underwriting discount of $6,900,000 (3.0% of the gross proceeds of the Initial Public Offering held in the Trust Account) upon the completion of the initial Business Combination subject to the terms of the underwriting agreement, dated February 24, 2025 (the “Deferred Fee”), but such Deferred Fee shall be based partly on amounts remaining in the Trust Account following all properly submitted shareholder redemptions in connection with the consummation of the initial Business Combination. The Company had agreed to reimburse the Underwriters for certain out-of-pocket costs for the Initial Public Offering up to an aggregate reimbursement allowance of $35,000 for legal fees related to the review by Financial Industry Regulatory Authority. Advisory Fee In addition to the Deferred Fee, the Company engaged Santander US Capital Markets LLC, the representative of the Underwriters (the “Representative”), to provide advisory services from time to time. As compensation for the services provided under an engagement letter, the Company shall pay the Representative a fee equal to 3.00% of the gross proceeds raised in the Initial Public Offering, payable upon closing of such initial Business Combination (the “Advisory Fee”). The Company has agreed to indemnify the Representative and its affiliates in connection with its role in providing the advisory services. The termination clause in the engagement letter deems the Advisory Fee earned and recordable as of December 31, 2025, and $6,900,000 has been recorded as deferred advisory fee on the accompanying consolidated balance sheets. PIPE Subscription Agreements Contemporaneously with the execution of the Teamshares Merger Agreement, certain investors each entered into the PIPE Subscription Agreements with the Company in connection with the proposed Teamshares Business Combination. Pursuant to the PIPE Subscription Agreements, such investors committed to purchase shares of the Company’s Class A common stock at $ 9.20 per share, subject to customary closing conditions. The PIPE investment is expected to close concurrently with the consummation of the Teamshares Business Combination. The Company accounts for each PIPE Subscription Agreement as a derivative instrument in accordance with the guidance in ASC 815-40. The instrument is subject to re-measurement at each balance sheet date, with changes in fair value recognized in the accompanying consolidated statements of operations. As of December 31, 2025 and 2024, the fair value of the PIPE Subscription Agreements liability was $ 15,274,088 and $ 0 , respectively. Fee Letter Agreement In connection with the proposed Business Combination, on December 2 4 , 2025 the Company entered into a fee letter agreement pursuant to which the Company is obligated to pay a closing fee of $1,000,000 to the lenders in connection with a credit agreement entered into by Teamshares, if an FPA is entered into by the termination date. If an FPA is not entered into by the termination date the fee payable to the lenders would increase to $5,000,000. The fee letter agreement was analyzed under ASC 815 and concluded that the Sponsor Compensation obligation must be accounted for as a liability, measured at fair value with changes recognized in earnings, because equity classification under ASC 815-40 is explicitly precluded. The Company assessed the value of the agreement and determined it to be immaterial to the consolidated financial statements, as such no liability or expense has been recorded in connection with the fee letter agreement as of December 31, 2025.

Submission	Jul. 29, 2026
Submission [Line Items]
Central Index Key	0002048951
Registrant Name	Teamshares Inc
Form Type	S-1
Submission Type	S-1
Fee Exhibit Type	EX-FILING FEES

Segment Information

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 9. SEGMENT INFORMATION

FASB ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statements information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (the “CODM”), or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified as the

Chief Financial Officer

, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. Therefore, the Company has one reportable segment.

The CODM assesses performance for the single segment and decides how to allocate resources based on net loss that also is reported on the accompanying unaudited condensed consolidated statements of operations as net loss. The measure of segment assets is reported on the accompanying condensed consolidated balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net loss and total assets, which include the following:


	March 31, 2026		December 31, 2025
Marketable securities held in Trust Account	$	241,144,179	$	239,042,295
Cash and Cash Equivalents	$	1,124,492	$	1,329,433


	For the Three Months Ended March 31,
	2026		2025
General and administrative costs	$	966,218	$	121,696
Interest earned on marketable securities held in Trust Account	$	2,101,884	$	717,933

The CODM reviews interest earned on marketable securities held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Investment Management Trust Agreement, dated February 27, 2025 which the Company entered into with Continental, as trustee of the Trust Account.

General and administrative costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on the accompanying unaudited condensed consolidated statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net loss are reported on the accompanying unaudited condensed consolidated statements of operations and described within their respective disclosures.

NOTE 9. SEGMENT INFORMATION

FASB ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in th

Company’s financial statements information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (the “CODM”), or group, in deciding how to allocate resources and assess performance.

The Company’s CODM has been identified as the

Chief Financial Officer

The CODM assesses performance for the single segment and decides how to allocate resources based on net income (loss) that also is reported on the accompanying consolidated statements of operations as net income (loss). The measure of segment assets is reported on the accompanying consolidated balance sheets as total assets.


	December 31, 2025		December 31, 2024
Marketable securities held in Trust Account	$	239,042,295	$	—
Cash	$	1,329,433	$	—


	For the Year Ended December 31, 2025		For the Period from November 27, 2024 (Inception) Through December 31, 2024
General and administrative costs	$	2,213,588	$	18,571
Interest earned on marketable securities held in Trust Account	$	7,892,295	$	—

General and administrative costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on the accompanying consolidated statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net loss are reported on the accompanying consolidated statements of operations and described within their respective disclosures.

- Definition

The entire disclosure for segment reporting.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Fair Value Measurements (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Fair Value Measurements [Abstract]

Schedule of Trust Account

For the three months ended March 31, 2026, the Company did not withdraw any of the interest earned on the Trust Account.


	Fair Value Measured as of March 31, 2026
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	241,144,179	$	—	$	—	$	241,144,179

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	16,539,057	$	16,539,057

At December 31, 2025, assets held in the Trust Account were comprised of $239,042,295 in a mutual fund that is invested primarily in Treasury securities. For the year ended December 31, 2025, the Company did not withdraw any of the interest earned on the Trust Account.


	Fair Value Measured as of December 31, 2025
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	239,042,295	$	—	$	—	$	239,042,295

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	15,274,088	$	15,274,088

At December 31, 2024, the Trust Account did not exist.


	Fair Value Measured as of December 31, 2025
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	239,042,295	$	—	$	—	$	239,042,295

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	15,274,088	$	15,274,088

Schedule of PIPE Subscription Agreements Liability

In order to calculate the fair value of the PIPE Subscription Agreements derivative liability, the Company utilized the following inputs:


	March 31, 2026			December 31, 2025
Probability of Business Combination		95	%		90	%
Underlying Ordinary Share price	$	10.40		$	10.30
Term (years)		0.21			0.41
Risk-free rate		3.74	%		3.62	%
Volatility		1.50	%		4.60	%

In order to calculate the fair value of the PIPE Subscription Agreements derivative liability, the Company utilized the following inputs:


	November 14, 2025 (Initial measurement)			December 31, 2025
Probability of Business Combination		85	%		90	%
Underlying Ordinary Share price	$	10.32		$	10.30
Term (years)		0.54			0.41
Risk-free rate		3.79	%		3.62	%
Volatility		12.70	%		4.60	%

Schedule of Fair Value of PIPE Subscription Agreements Derivative Liability

The following table presents the changes in the fair value of the PIPE Subscription Agreements derivative liability:


	PIPE Subscription Agreements
Fair value as of November 14, 2025 (initial measurement)	$	15,582,052
Change in fair value		(307,964	)

Fair value as of December 31, 2025		15,274,088
Change in fair value		1,264,969

Fair value as of March 31, 2026	$	16,539,057

The following table presents the changes in the fair value of the PIPE Subscription Agreements derivative liability:


	PIPE Subscription Agreements
Fair value as of November 14, 2025 (initial measurement)	$	15,582,052
Change in fair value		(307,964	)

Fair value as of December 31, 2025	$	15,274,088

Subsequent Events	3 Months Ended	12 Months Ended
Subsequent Events	Mar. 31, 2026	Dec. 31, 2025
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the accompanying condensed consolidated balance sheet date up to the date that the accompanying unaudited condensed consolidated financial statements were issued. Based upon this review, other than as set forth below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the accompanying unaudited condensed consolidated financial statements. On April 1, 2026, the Company and Teamshares entered into a First Amendment to the Merger Agreement to update certain transaction mechanics related to equity structure, employee incentive arrangements, and closing conditions. The amendment primarily clarifies and revises terms related to share calculations, option treatment, and post-closing equity plans, and does not materially change the overall structure or economics of the Business Combination. On April 1, 2026, the Company, the Sponsor, Teamshares, and the directors and officers of the Company entered into a Second Amendment to the Letter Agreement, which provides for the release of transfer restrictions on up to 1,150,000 Incentive Founder Shares (as defined therein) upon Closing, contingent upon their use in connection with certain interim financing arrangements or agreements to support non-redemption commitments by public shareholders. On May 1, 2026, we entered into a letter agreement with Teamshare pursuant to which the parties determined to extend the date by which either party may terminate the Merger Agreement, upon written notice to the other, in the event the proposed Business Combination has not been consummated from May 31, 2026 to July 15, 2026, to provide the parties with additional time to consummate the proposed Business Combination, upon satisfaction (or, to the extent applicable, waiver) of the conditions to closing set forth in the Merger Agreement. On May 13, 2026, we entered into a Second Amendment to the Merger Agreement with Teamshares to clarify certain provisions relating to the Liquidation Preference Elections (as defined in the Merger Agreement).	NOTE 10. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the accompanying consolidated balance sheets date up to the date that the accompanying consolidated financial statements were issued. Based upon this review, other than as set forth below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the accompanying consolidated financial statements. On February 25, 2026, the Board appointed Somsak Chivavibul as a Class I director of the Board, effective immediately. The Board determined that Mr. Chivavibul qualifies as an independent director and appointed him to serve as a member of the Audit Committee and the chair of the Compensation Committee of the Board. In connection with the appointment, the Company entered into a joinder to the Letter Agreement with Mr. Chivavibul, as well as an indemnification agreement, which are substantially similar to those entered into by the Company’s current officers and directors.

Private Placement (Details) - USD ($)	3 Months Ended	12 Months Ended
Private Placement (Details) - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Private Placement [Line Items]
Sale of warrants	4,500,000
Price per warrant	$ 1
Gross proceeds	$ 4,500,000
Private Placement Warrants [Member]
Private Placement [Line Items]
Price per warrant	$ 1	$ 1
Gross proceeds	$ 4,500,000	$ 4,500,000
Class A Ordinary Shares [Member]
Private Placement [Line Items]
Price per warrant	$ 11.5	$ 11.5
Warrant to purchase share	11.5
Class A Ordinary Shares [Member] \| Private Placement Warrants [Member]
Private Placement [Line Items]
Price per warrant	$ 11.5	$ 11.5
Warrant to purchase share	1	1
Private Placement [Member] \| Private Placement Warrants [Member]
Private Placement [Line Items]
Sale of warrants	4,500,000	4,500,000
Gross proceeds	$ 4,500,000	$ 4,500,000
Private Placement [Member] \| Class A Ordinary Shares [Member]
Private Placement [Line Items]
Price per warrant	$ 11.5	$ 11.5
Warrant to purchase share	1	1

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Summary of Significant Accounting Policies

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Summary of Significant Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form

10-Q

and Article 8 of Regulation

S-X

of the SEC. Certain information or footnote disclosures normally included in unaudited condensed consolidated financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.

The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form

10-K

for the year ended December 31, 2025, as filed with the SEC on March 30, 2026. The interim results for the three months ended March 31, 2026 are not necessarily indicative of the results to be expected for the year ending December 31, 2026 or for any future periods.

Principles of Consolidation

The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

Emerging Growth Company

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, as amended, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to

non-emerging

growth companies, but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that, when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the accompanying unaudited condensed consolidated financial statements with another public company that is neither an (i) emerging growth company nor (ii) emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the accompanying unaudited condensed consolidated financial statements. Actual results could differ from those estimates.

Making estimates requires Management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the accompanying unaudited condensed consolidated financial statements, which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

Cash and Cash Equivalents

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash. The Company had $1,124,492 and $1,329,433 in cash and cash equivalents as of March 31, 2026 and December 31, 2025, respectively.

Marketable Securities Held in Trust Account

money market funds that invest in Treasury securities and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of Treasury securities, the investments are classified as trading securities, which are presented at fair value. Gains and losses resulting from the change in fair value of these securities are included in interest earned on marketable securities held in Trust Account in the accompanying unaudited condensed consolidated statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. As of March 31, 2026 and December 31, 2025, the assets held in the Trust Account of $241,144,179 and $239,042,295 were held in money market funds, respectively.

Concentrations of Credit Risk

Financial instruments that potentially subject the Company to a significant concentration of credit risk consist primarily of cash. Periodically, the Company may maintain deposits in financial institutions in excess of government insured limits. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s financial condition, results of operations, and cash flows.

Offering Costs

The Company complies with the requirements of the FASB ASC Topic

340-10-S99,

“Accounting for Offering Costs,” and SEC Staff Accounting Bulletin Topic 5A, “Expenses of Offering.” Offering costs consist principally of professional and registration fees that are related to the Initial Public Offering. FASB ASC Topic

470-20,

“Debt with Conversion and Other Options,” addresses the allocation of proceeds from the issuance of convertible debt into its equity and debt components. The Company applied this guidance to allocate Initial Public Offering proceeds from the Units between Public Shares and Public Warrants, using the residual method by allocating Initial Public Offering proceeds first to assigned value of the Public Warrants and then to the Public Shares. Offering costs allocated to the Public Shares were charged to temporary equity. Offering costs allocated to the Warrants were charged to shareholders’ deficit. After Management’s evaluation, the Warrants were accounted for under equity treatment.

Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs.

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under FASB ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying condensed consolidated balance sheets, primarily due to their short-term nature.

Income Taxes

The Company accounts for income taxes under FASB ASC Topic 740, “Income Taxes” (“ASC 740”), which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the accompanying unaudited condensed consolidated financial statements and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

ASC 740 prescribes a recognition threshold and a measurement attribute for the accompanying unaudited condensed consolidated financial statements recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. Management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of March 31, 2026 and December 31, 2025, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

The Company is considered to be an exempted Cayman Islands company with no connection to any other taxable jurisdiction and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the periods presented.

Warrant Instruments

The Company accounted for the Warrants issued in connection with the Initial Public Offering and the Private Placement in accordance with the guidance contained in FASB ASC Topic 815, “Derivatives and Hedging” (“ASC 815”). Accordingly, the Company evaluated and classified the Warrant instruments under equity treatment at their assigned values.

As of March 3, 2025, the fair value of the Public Warrants was $2,185,000, or $0.19 per Public Warrant. The fair value of Public Warrants was determined using the Monte Carlo Simulation Model. The Public Warrants have been classified within shareholders’ deficit and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

PIPE Subscription Agreements Liability

Contemporaneously with the execution of the Teamshares Merger Agreement, certain investors each entered into a private investment in public equity (“PIPE”) subscription agreement (collectively, the “PIPE Subscription Agreements”) with the Company in connection with the proposed Teamshares Business Combination. The Company accounts for each PIPE Subscription Agreement as a derivative instrument in accordance with the guidance in FASB ASC Topic

815-40,

“Contracts in Entity’s Own Equity” (“ASC

815-40”).

The instrument is subject to

re-measurement

at each balance sheet date, with changes in fair value recognized in the accompanying unaudited condensed consolidated statements of operations. As of March 31, 2026 and December 31, 2025, the fair value of the PIPE Subscription Agreements liability was $16,539,057 and $15,274,088, respectively.

Class A Ordinary Shares Subject to Possible Redemption

The Public Shares contain a redemption feature that allows for the redemption of such Public Shares in connection with the Company’s liquidation, or if there is a shareholder vote or tender offer in connection with the initial Business Combination. In accordance with FASB ASC Topic

480-10-S99,

“Distinguishing Liabilities from Equity,” the Company classifies Class A Ordinary Shares subject to possible redemption outside of permanent equity as the redemption provisions are not solely within the control of the Company. The Company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of redeemable shares to equal the redemption value at the end of each reporting period. Immediately upon the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption amount value. The change in the carrying value of redeemable Class A Ordinary Shares resulted in charges against additional

paid-in

capital (to the extent available) and an accumulated deficit. Accordingly, as of March 31, 2026 and December 31, 2025, Class A Ordinary Shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit section of the accompanying condensed consolidated balance sheets. As of March 31, 2026 and December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying condensed consolidated balance sheets are reconciled in the following table:


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Accretion for Class A ordinary shares to redemption amount		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025		239,042,295
Plus:
Accretion for Class A ordinary shares to redemption amount		2,101,884

Class A Ordinary Shares subject to possible redemption, March 31, 2026	$	241,144,179

Net Loss per Ordinary Share

The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of Ordinary Shares, Class A Ordinary Shares and Class B Ordinary Shares (as defined in Note 5). Income and losses are shared pro rata between the two classes of Ordinary Shares. This presentation assumes a Business Combination as the most likely outcome. Net loss per Ordinary Share is calculated by dividing the net loss by the weighted average Ordinary Shares outstanding for the respective period.

The following table reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Three Months Ended March 31,
	2026						2025
	Class A			Class B			Class A			Class B
Basic and diluted net loss per share:
Numerator:
Allocation of net loss	$	(103,442	)	$	(25,861	)	$	(3,692,303	)	$	(2,611,460	)
Denominator:
Basic and diluted weighted average Ordinary Shares outstanding		23,000,000			5,750,000			7,411,111			5,241,667

Basic and diluted net loss per Ordinary Share	$	(0.00	)	$	(0.00	)	$	(0.50	)	$	(0.50	)

Recent Accounting Pronouncements

In November 2024, the FASB issued Accounting Standards Update (“ASU”) Topic

2024-03,

“Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic

220-40):

Disaggregation of Income Statement Expenses” (“ASC

2024-03”),

requiring public entities to disclose additional information about specific expense categories in the notes to the financial statements on an interim and annual basis. ASU

2024-03

is effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU

2024-03.

Management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying unaudited condensed consolidated financial statements.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements are presented in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

Emerging Growth Company

non-emerging

growth companies, but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that, when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the accompanying consolidated financial statements with another public company that is neither an (i) emerging growth company nor (ii) emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

The preparation of the accompanying consolidated financial statements in conformity with GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the accompanying consolidated financial statements. Actual results could differ from those estimates.

Making estimates requires Management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the accompanying consolidated financial statements, which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

Cash

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash. The Company had $1,329,433 and $0 in cash as of December 31, 2025 and 2024, respectively.

Marketable Securities Held in Trust Account

The Company’s portfolio of investments is comprised of cash and Treasury securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in Treasury securities and generally have a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of Treasury securities, the investments are classified as trading securities, which are presented at fair value. Gains and losses resulting from the change in fair value of these securities are included in interest earned on marketable securities held in Trust Account in the accompanying consolidated statements of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. As of December 31, 2025, the assets held in the Trust Account of $239,042,295 were held in money market funds. As of December 31, 2024, there were no assets held in the Trust Account.

Concentrations of Credit Risk

Offering Costs

The Company complies with the requirements of the FASB ASC Topic

340-10-S99,

“Accounting for Offering Costs”, and SEC Staff Accounting Bulletin Topic 5A, “Expenses of Offering.” Offering costs consist principally of professional and registration fees that are related to the Initial Public Offering. FASB ASC Topic

470-20,

Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs.

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under FASB ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying consolidated balance sheets, primarily due to their short-term nature.

Income Taxes

The Company accounts for income taxes under FASB ASC Topic 740, “Income Taxes” (“ASC 740

”),

which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the accompanying consolidated financial statements and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

ASC 740 prescribes a recognition threshold and a measurement attribute for the accompanying consolidated financial statements recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. Management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of December 31, 2025 and 2024, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

Warrant Instruments

The Company accounted for the Warrants issued in connection with the Initial Public Offering and the Private Placement in accordance with the guidance contained in FASB ASC Topic 815, “Derivatives and Hedging”. Accordingly, the Company evaluated and classified the Warrant instruments under equity treatment at their assigned values.

As of March 3, 2025, the fair value of the Public Warrants was $2,185,000, or $0.19 per Public Warrant. The fair value of Public Warrants was determined using the Monte Carlo Simulation Model. The Public Warrants have been classified within shareholders’ equity (deficit) and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

PIPE Subscription Agreements Liability

Agreements”) with the Company in connection with the proposed Teamshares Business Combination. The Company accounts for each PIPE Subscription Agreement as a derivative instrument in accordance with the guidance in FASB ASC Topic

815-40,

“Contracts in Entity’s Own Equity” (“ASC

815-40”).

The instrument is subject to

re-measurement

at each balance sheet date, with changes in fair value recognized in the accompanying consolidated statements of operations. As of December 31, 2025 and 2024, the fair value of the PIPE Subscription Agreements liability was $15,274,088 and $0, respectively.

Class A Ordinary Shares Subject to Possible Redemption

480-10-S99,

paid-in

capital (to the extent available) and an accumulated deficit. Accordingly, as of December 31, 2025 and 2024, Class A Ordinary Shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity (deficit) section of the accompanying consolidated balance sheets. As of December 31, 2025 and 2024, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying consolidated balance sheets are reconciled in the following table:


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Remeasurement of carrying value to redemption value		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025	$	239,042,295

Net Loss per Ordinary Share

t loss per Or

nary Share is calculated by dividing the net loss by the weighted average Ordinary Shares outstanding for the respective period.

The following tables reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Basic net loss per share:
Numerator:
Allocation of net loss	$	(12,751,322	)	$	(3,744,059	)	$	—	$	(18,571	)
Denominator:
Basic weighted average Ordinary Shares outstanding		19,156,164			5,624,658			—		5,000,000

Basic net loss per Ordinary Share	$	(0.67	)	$	(0.67	)	$	—	$	(0.00	)


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Diluted net loss per share:
Numerator:
Allocation of net loss	$	(12,687,150	)	$	(3,808,232	)	$	—	$	(18,571	)
Denominator:
Diluted weighted average Ordinary Shares outstanding		19,156,164			5,750,000			—		5,000,000

Diluted net loss per Ordinary Share	$	(0.66	)	$	(0.66	)	$	—	$	(0.00	)

Recent Accounting Pronouncements

In November 2024, the FASB issued Accounting Standards Update (“ASU”) Topic

2024-03,

“Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic

220-40):

Disaggregation of Income Statement Expenses” (“ASC

2024-03”),

requiring public entities to disclose additional information about specific expense categories in the notes to the consolidated financial statements on an interim and annual basis. ASU

2024-03

is effective for fiscal years beginning after December 15, 2026, and for interim periods beginning

after

December 15, 2027, with

early

adoption permitted. The Company is currently evaluating the impact of adopting ASU

2024-03.

Management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material

effect

on the accompanying consolidated financial statements.

Offerings	Jul. 29, 2026 USD ($) shares
Offering: 1
Offering:
Fee Previously Paid	false
Other Rule	true
Security Type	Equity
Security Class Title	Common stock, $0.0001 par value per share
Amount Registered \| shares	19,663,254
Proposed Maximum Offering Price per Unit	5.76
Maximum Aggregate Offering Price	$ 113,260,343.04
Fee Rate	0.01381%
Amount of Registration Fee	$ 15,641.25
Offering Note	(1) Pursuant to Rule 416(a) promulgated under the U.S. Securities Act of 1933, as amended (the "Securities Act"), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends, or similar transactions. (2) Represents the sum of (i) the resale of 19,663,254 shares of our common stock, $0.0001 par value per share ("Common Stock"), issued in connection with the Business Combination described in the prospectus forming part of this registration statement, consisting of 5,913,260 shares held by or issuable to certain holders entitled to resale registration rights, including 751,343 SAFE conversion shares, 5,124,781 shares of Common Stock held by the Sponsor or its permitted transferees (consisting of 3,450,000 shares of Common Stock issued in respect of Founder Shares not subject to vesting or forfeiture, 1,150,000 Deferred Founder Shares and 524,781 Incentive Founder Shares, in each case subject to the lock-up and, where applicable, the vesting and forfeiture conditions described in the prospectus forming part of this registration statement), and 37,136 shares transferred to the NRA Investors, plus 13,749,994 shares deliverable to the Initial PIPE Investors, and (ii) a primary offering of up to 16,000,000 shares of common stock, consisting of 4,500,000 shares issuable upon exercise of Private Warrants and 11,500,000 shares issuable upon exercise of Public Warrants, and states an assumed warrant exercise price of $11.50 per share. (3) Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) under the Securities Act. The proposed maximum offering price per security and proposed maximum aggregate offering price are based on the average of the high and low prices of the Common Stock on The Nasdaq Stock Market LLC ("Nasdaq") on July 27, 2026 (such date being within five business days of the date that this registration statement was filed with the U.S. Securities and Exchange Commission).
Offering: 2
Offering:
Fee Previously Paid	false
Other Rule	true
Security Type	Equity
Security Class Title	Common stock, $0.0001 par value per share
Amount Registered \| shares	16,000,000
Proposed Maximum Offering Price per Unit	11.50
Maximum Aggregate Offering Price	$ 184,000,000.00
Fee Rate	0.01381%
Amount of Registration Fee	$ 25,410.40
Offering Note	(1) Pursuant to Rule 416(a) promulgated under the U.S. Securities Act of 1933, as amended (the "Securities Act"), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends, or similar transactions. (2) Represents the sum of (i) the resale of 19,663,254 shares of our common stock, $0.0001 par value per share ("Common Stock"), issued in connection with the Business Combination described in the prospectus forming part of this registration statement, consisting of 5,913,260 shares held by or issuable to certain holders entitled to resale registration rights, including 751,343 SAFE conversion shares, 5,124,781 Incentive Founder Shares, and 37,136 shares transferred to the NRA Investors, plus 13,749,994 shares deliverable to the Initial PIPE Investors, and (ii) a primary offering of up to 16,000,000 shares of common stock, consisting of 4,500,000 shares issuable upon exercise of Private Warrants and 11,500,000 shares issuable upon exercise of Public Warrants, and states an assumed warrant exercise price of $11.50 per share. (4) Reflects the shares of Common Stock that may be issued upon exercise of outstanding Warrants, for an exercise price of $11.50 per share of Common Stock. (5) Calculated pursuant to Rule 457(g) under the Securities Act, based on the exercise price of the Warrants.
Offering: 3
Offering:
Fee Previously Paid	false
Other Rule	true
Security Type	Equity
Security Class Title	Warrants to purchase Common Stock
Amount Registered \| shares	4,500,000
Maximum Aggregate Offering Price	$ 0.00
Fee Rate	0.01381%
Amount of Registration Fee	$ 0.00
Offering Note	(1) Pursuant to Rule 416(a) promulgated under the U.S. Securities Act of 1933, as amended (the "Securities Act"), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends, or similar transactions. (2) Represents the sum of (i) the resale of 19,663,254 shares of our common stock, $0.0001 par value per share ("Common Stock"), issued in connection with the Business Combination described in the prospectus forming part of this registration statement, consisting of 5,913,260 shares held by or issuable to certain holders entitled to resale registration rights, including 751,343 SAFE conversion shares, 5,124,781 Incentive Founder Shares, and 37,136 shares transferred to the NRA Investors, plus 13,749,994 shares deliverable to the Initial PIPE Investors, and (ii) a primary offering of up to 16,000,000 shares of common stock, consisting of 4,500,000 shares issuable upon exercise of Private Warrants and 11,500,000 shares issuable upon exercise of Public Warrants, and states an assumed warrant exercise price of $11.50 per share. (6) In accordance with Rule 457(g), the entire registration fee for the Warrants is allocated to the shares of Common Stock underlying the Warrants, and no separate fee is payable for the Warrants.

Fees Summary	Jul. 29, 2026 USD ($)
Fees Summary [Line Items]
Total Offering	$ 297,260,343.04
Previously Paid Amount	0.00
Total Fee Amount	41,051.65
Total Offset Amount	20,248.00
Net Fee	$ 20,803.65
Offering Table N/A
Offset Table N/A
Combined Prospectus Table N/A	N/A

Related Party Transactions	3 Months Ended	12 Months Ended
Related Party Transactions	Mar. 31, 2026	Dec. 31, 2025
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On December 20, 2024, the Sponsor made a capital contribution of $25,000, or approximately $0.004 per share, by payment of offering costs on the Company’s behalf, for which the Company issued 5,750,000 of the Company’s Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares,” and together with the Class A Ordinary Shares, the “Ordinary Shares”), to the Sponsor (such shares, the “Founder Shares”). Up to 750,000 of the Founder Shares could have been surrendered by the Sponsor for no consideration depending on the extent to which the Over-Allotment Option was exercised. On March 3, 2025, the Underwriters exercised their Over-Allotment Option in full as part of the closing of the Initial Public Offering. As such, those 750,000 Founder Shares are no longer subject to forfeiture. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in the Private Placement to the Sponsor, generating gross proceeds of $4,500,000. Each whole Private Placement Warrant entitles the registered holder to purchase one Class A Ordin ary Share at a price of $11.50 per share, subject to adjustment. Pursuant to the original Letter Agreement entered into at the time of the Initial Public Offering, the Sponsor and the Company’s directors and officers have agreed not to transfer, assign or sell any of their Founder Shares and any Class A Ordinary Shares issued upon conversion thereof until the earlier to occur of (i) one year after the completion of the initial Business Combination or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A Ordinary Shares for cash, securities or other property. Any permitted transferees will be subject to the same restrictions and other agreements as the Sponsor and the Company’s directors and officers with respect to any Founder Shares (the “Lock-up”). Notwithstanding the foregoing, if (x) the closing price of the Class A Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (y) if the Company consummates a transaction after the initial Business Combination that results in the Company’s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the Lock-up. On November 14, 2025, contemporaneously with the execution and delivery of the Teamshares Merger Agreement, the Company, Sponsor and Teamshares entered into an amendment to the Letter Agreement to amend the Lock-up period for the Founder Shares, effective as of the Closing, to six months after the Closing (other than Released Former Sponsor Shares (as defined below), which will not be subject to such Lock-up restrictions). On April 1, 2026, the parties entered into a second amendment to the Letter Agreement, which provides for the release of transfer restrictions on up to 1,150,000 Incentive Founder Shares (as defined therein) upon Closing, contingent upon their use in connection with certain interim financing arrangements or agreements to support non-redemption commitments by public shareholders (such shares, the “Released Former Sponsor Shares”). IPO Promissory Note — Related Party The Sponsor agreed to loan the Company an aggregate of up to $300,000 to be used for a portion of the expenses of the Initial Public Offering pursuant to a promissory note (the “IPO Promissory Note”). The loan was non-interest bearing, unsecured and payable on the date of the Initial Public Offering from the proceeds of the $1,000,000 of offering proceeds that has been allocated to the payment of offering expenses. As of March 30, 2026, the outstanding balance on the IPO Promissory Note was $0. Borrowings under the IPO Promissory Note are no longer available. Administrative Services Agreement Commencing on February 28, 2025, and until the completion of the Business Combination or liquidation, the Company reimburses an affiliate of the Sponsor, $17,500 per month for office space, utilities, and secretarial and administrative support. For the three months ended March 31, 2026 and 2025, the Company incurred and paid $52,500 and $17,500 in fees for these services, respectively. Working Capital Loans In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. As of March 31, 2026 and December 31, 2025, no such Working Capital Loans were outstanding. Due from Sponsor The Company covered certain expenses on behalf of its Sponsor, paying $713 as of March 31, 2026 and December 31, 2025, of which such amount is included in due from Sponsor in the accompanying condensed consolidated balance sheets.	NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On December 20, 2024, the Sponsor made a capital contribution of $25,000, or approximately $0.004 per share, by payment of offering costs on the Company’s behalf, for which the Company issued 5,750,000 of the Company’s Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares”, and together with the Class A Ordinary Shares, the “Ordinary Shares”), to the Sponsor (such shares, the “Founder Shares”). Up to 750,000 of the Founder Shares could have been surrendered by the Sponsor for no consideration depending on the extent to which the Over-Allotment Option was exercised. On March 3, 2025, the Underwriters exercised their Over-Allotment Option in full as part of the closing of the Initial Public Offering. As such, those 750,000 Founder Shares are no longer subject to forfeiture. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant in the Private Placement to the Sponsor, generating gross proceeds of $4,500,000. Each whole Private Placement Warrant entitles the registered holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. Pursuant to the Letter Agreement, the Sponsor and the Company’s directors and officers have agreed not to transfer, assign or sell any of their Founder Shares and any Class A Ordinary Shares issued upon conversion thereof until the earlier to occur of (i) one year after the completion of the initial Business Combination or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A Ordinary Shares for cash, securities or other property. Any permitted transferees will be subject to the same restrictions and other agreements as the Sponsor and the Company’s directors and officers with respect to any Founder Shares (the “Lock-up”). Notwithstanding the foregoing, if (x) the closing price of the Class A Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (y) if the Company consummates a transaction after the initial Business Combination that results in the Company’s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the Lock-up. IPO Promissory Note — Related Party The Sponsor agreed to loan the Company an aggregate of up to $300,000 to be used for a portion of the expenses of the Initial Public Offering pursuant to a promissory note (the “IPO Promissory Note”). The loan was non-interest bearing, unsecured and payable on the date of the Initial Public Offering from the proceeds of the $1,000,000 of offering proceeds that has been allocated to the payment of offering expenses. As of December 31, 2025, the Company has repaid the Sponsor the outstanding balance of $176,573 under the IPO Promissory Note borrowings. Borrowings under the IPO Promissory Note are no longer available. Administrative Services Agreement Commencing on February 28, 2025, and until the completion of the Business Combination or liquidation, the Company reimburses an affiliate of the Sponsor, $17,500 per month for office space, utilities, and secretarial and administrative support. For the year ended December 31, 2025, The Company incurred and paid $175,000 in fees for these services. For the period ended November 27, 2024 (inception) through December 31, 2024, the Company did not incur any fees for these services. Working Capital Loans In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. As of December 31, 2025, no such Working Capital Loans were outstanding. Due from Sponsor The Company covered certain expenses on behalf of its Sponsor, paying $713 and $0 as of December 31, 2025 and 2024, of which such amount is included in due from Sponsor in the accompanying consolidated balance sheets.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477657/942-210-S45-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478478/942-210-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(7)(e)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

Initial Public Offering	3 Months Ended	12 Months Ended
Initial Public Offering	Mar. 31, 2026	Dec. 31, 2025
Initial Public Offering [Abstract]
INITIAL PUBLIC OFFERING	NOTE 3. INITIAL PUBLIC OFFERING In the Initial Public Offering, the Company sold 23,000,000 Units, which included the full exercise of the Over-Allotment Option of 3,000,000 Option Units, at a purchase price of $10.00 per Unit. Each Unit consists of one Class A Ordinary Share, and one-half of one Public Warrant. Each whole Public Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment. Each Public Warrant will become exercisable 30 days after the completion of the initial Business Combination and will expire five years after the completion of the initial Business Combination, or earlier upon redemption or liquidation.	NOTE 3. INITIAL PUBLIC OFFERING In the Initial Public Offering, the Company sold 23,000,000 Units, which included the full exercise of the Over-Allotment Option of 3,000,000 Option Units, at a purchase price of $ 10.00 per Unit. Each Unit consists of one Class A O rdinary S hare, and one-half of one Public Warrant. Each whole Public Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $ 11.50 per share, subject to adjustment. Each Public Warrant will become exercisable 30 days after the completion of the initial Business Combination and will expire five years after the completion of the initial Business Combination, or earlier upon redemption or liquidation.

Summary of Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Significant Accounting Policies [Line Items]

Schedule of Valuation of the Public Warrants

The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

Schedule of Class A Ordinary Shares Subject to Possible Redemption

As of March 31, 2026 and December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying condensed consolidated balance sheets are reconciled in the following table:


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Accretion for Class A ordinary shares to redemption amount		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025		239,042,295
Plus:
Accretion for Class A ordinary shares to redemption amount		2,101,884

Class A Ordinary Shares subject to possible redemption, March 31, 2026	$	241,144,179

As of December 31, 2025 and 2024, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying consolidated balance sheets are reconciled in the following table:


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Remeasurement of carrying value to redemption value		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025	$	239,042,295

Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following table reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Three Months Ended March 31,
	2026						2025
	Class A			Class B			Class A			Class B
Basic and diluted net loss per share:
Numerator:
Allocation of net loss	$	(103,442	)	$	(25,861	)	$	(3,692,303	)	$	(2,611,460	)
Denominator:
Basic and diluted weighted average Ordinary Shares outstanding		23,000,000			5,750,000			7,411,111			5,241,667

Basic and diluted net loss per Ordinary Share	$	(0.00	)	$	(0.00	)	$	(0.50	)	$	(0.50	)

The following tables reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Basic net loss per share:
Numerator:
Allocation of net loss	$	(12,751,322	)	$	(3,744,059	)	$	—	$	(18,571	)
Denominator:
Basic weighted average Ordinary Shares outstanding		19,156,164			5,624,658			—		5,000,000

Basic net loss per Ordinary Share	$	(0.67	)	$	(0.67	)	$	—	$	(0.00	)


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Diluted net loss per share:
Numerator:
Allocation of net loss	$	(12,687,150	)	$	(3,808,232	)	$	—	$	(18,571	)
Denominator:
Diluted weighted average Ordinary Shares outstanding		19,156,164			5,750,000			—		5,000,000

Diluted net loss per Ordinary Share	$	(0.66	)	$	(0.66	)	$	—	$	(0.00	)

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

+ References + Details

Fair Value Measurements (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
Fair Value Measurements (Details) - USD ($)	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Fair Value Measurements [Line Items]
Asset, Held-in-Trust, Noncurrent	$ 0	$ 241,144,179		$ 239,042,295
Change in fair value of PIPE subscription agreements liability	0	(1,264,969)	$ 0	307,964
PIPE Subscription Agreements liability	$ 0	16,539,057		15,274,088
US Treasury Securities [Member]
Fair Value Measurements [Line Items]
Asset, Held-in-Trust, Noncurrent		$ 241,144,179		$ 239,042,295

Shareholders' Deficit (Details) - USD ($)		1 Months Ended	3 Months Ended	12 Months Ended
Shareholders' Deficit (Details) - USD ($)	Dec. 20, 2024	Dec. 31, 2024	Mar. 31, 2026	Dec. 31, 2025	Aug. 25, 2025
Shareholders' Equity (Deficit) [Line Items]
Preference shares authorized		5,000,000	5,000,000	5,000,000
Preference shares par value (in Dollars per share)		$ 0.0001	$ 0.0001	$ 0.0001
Preference shares issued		0	0	0
Preference shares outstanding		0	0	0
Share issued (in Dollars)		$ 25,000
Percentage of aggregate conversion of ordinary shares			20.00%
Voting percentage			50.00%	50.00%
Affirmative vote			90.00%	90.00%
Price per warrant			$ 1
Trading days			10 days	10 days
Exceeds price per share			$ 0.01	$ 0.01
Prior written notice of redemption			30 days	30 days
Number of trading days for determining the newly issued share price			20 days	20 days
Commencing of trading day period			30 days	30 days
Effective business days			60 days	60 days
Gross proceeds percentage			60.00%	60.00%
Common stock threshold trading days			20 days	20 days
Percentage of newly issued price			$ 115	$ 115
Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Warrants outstanding			16,000,000	16,000,000
Effective business days			30 days	30 days
Public Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Warrants outstanding			11,500,000	11,500,000
Private Placement Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Warrants outstanding			4,500,000	4,500,000
Price per warrant			$ 1	$ 1
Business Combination [Member]
Shareholders' Equity (Deficit) [Line Items]
Voting percentage			50.00%	50.00%
Price per warrant			$ 18	$ 18
Business Combination [Member] \| Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Price per warrant			$ 9.2	$ 9.2
Sponsor [Member]
Shareholders' Equity (Deficit) [Line Items]
Share issued (in Dollars)	$ 25,000
Class A Ordinary Shares [Member]
Shareholders' Equity (Deficit) [Line Items]
Ordinary shares authorized		500,000,000	500,000,000	500,000,000
Ordinary shares par value (in Dollars per share)		$ 0.0001	$ 0.0001	$ 0.0001
Ordinary shares issued		0	0	0
Ordinary shares outstanding		0	0	0
Ordinary shares subject to possible redemption		0	23,000,000	23,000,000
Voting rights			one
Price per warrant			$ 11.5	$ 11.5
Newly adjusted issue price per share			$ 18	$ 18
Effective business days			30 days	30 days
Percentage of newly issued price			$ 180	$ 180
Class A Ordinary Shares [Member] \| Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Price per warrant			$ 11.5	$ 11.5
Effective business days			20 days	20 days
Class A Ordinary Shares [Member] \| Private Placement Warrants [Member]
Shareholders' Equity (Deficit) [Line Items]
Price per warrant			$ 11.5	$ 11.5
Class A Ordinary Shares [Member] \| Common Stock [Member]
Shareholders' Equity (Deficit) [Line Items]
Ordinary shares issued			0	0
Ordinary shares outstanding			0	0
Shares issued
Class A Ordinary Shares [Member] \| Business Combination [Member]
Shareholders' Equity (Deficit) [Line Items]
Price per warrant			$ 9.2	$ 9.2
Class B Ordinary Shares [Member]
Shareholders' Equity (Deficit) [Line Items]
Ordinary shares authorized		50,000,000	50,000,000	50,000,000
Ordinary shares par value (in Dollars per share)		$ 0.0001	$ 0.0001	$ 0.0001
Ordinary shares issued		5,750,000	5,750,000	5,750,000	5,750,000
Ordinary shares outstanding		5,750,000	5,750,000	5,750,000
Voting rights			one	one
Class B Ordinary Shares [Member] \| Common Stock [Member]
Shareholders' Equity (Deficit) [Line Items]
Shares issued		5,750,000
Share issued (in Dollars)		$ 575
Class B Ordinary Shares [Member] \| Sponsor [Member]
Shareholders' Equity (Deficit) [Line Items]
Ordinary shares par value (in Dollars per share)	$ 0.0001
Ordinary shares issued		5,750,000		5,750,000
Ordinary shares outstanding		5,750,000		5,750,000
Shares issued	5,750,000
Share issued (in Dollars)	$ 25,000
Price per share (in Dollars per share)	$ 0.004

Description of Organization and Business Operations	3 Months Ended	12 Months Ended
Description of Organization and Business Operations	Mar. 31, 2026	Dec. 31, 2025
Description of Organization and Business Operations [Abstract]
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Live Oak Acquisition Corp. V (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on November 27, 2024. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). As of March 31, 2026, the Company had two wholly owned subsidiaries, Catalyst Sub Inc., a Delaware corporation, incorporated on November 6, 2025 (“Merger Sub”), and Catalyst Sub 2 LLC, a Delaware limited liability company, incorporated on November 6, 2025 (“Merger Sub II,” and together with Merger Sub, the “Merger Subs”), which were formed solely in contemplation of the proposed Teamshares Business Combination (as defined and described below). The Merger Subs have not commenced any operations and have only nominal assets and no liabilities or contingent liabilities, nor any outstanding commitments other than in connection with the Teamshares Business Combination. As of March 31, 2026, the Company had not commenced any operations. All activity for the period from November 27, 2024 (inception) through March 31, 2026 relates to the Company’s formation, the Initial Public Offering (as defined below), and subsequent to the Initial Public Offering, identifying a target company for and consummating a Business Combination, including the Teamshares Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income on the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end. The Company’s Sponsor is Live Oak Sponsor V LLC, a Delaware limited liability company (the “Sponsor”). The Registration Statement on Form S-1 for the Initial Public Offering, initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 10, 2025, as amended (File No. 333-284207), was declared effective on February 27, 2025 (the “IPO Registration Statement”). On March 3, 2025, the Company consummated the initial public offering of 23,000,000 units of the Company at $10.00 per unit (the “Units”), which included the full exercise by the several underwriters of the Initial Public Offering (the “Underwriters”) of their over-allotment option (the “Over-Allotment Option”) in the amount of 3,000,000 Units (the “Option Units”), at $10.00 per Option Unit, generating gross proceeds of $230,000,000 (the “Initial Public Offering”). Each Unit consists of one Class A ordinary share, par value $0.0001 per share, of the Company (the “Class A Ordinary Shares” and with respect to the Class A Ordinary Shares included in the Units, the “Public Shares”) and one-half of one redeemable warrant of the Company (the “Public Warrants”). Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 warrants (the “Private Placement Warrants,” and together with the Public Warrants, the “Warrants”) at a price of $1.00 per Private Placement Warrant, in a private placement to the Sponsor, generating gross proceeds of $4,500,000 (the “Private Placement”). Each whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share. The Company’s management (“Management”) has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the Private Placement, although substantially all of the net proceeds are intended to be generally applied toward consummating a Business Combination (less the Deferred Fee (as defined in Note 6) and taxes payable, if any). Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs. The Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the net balance in the Trust Account (as defined below) (excluding the amount of Deferred Fee held and taxes payable on the income earned on the Trust Account, if any) at the time of the signing an agreement to enter into a Business Combination. However, the Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully effect a Business Combination. Following the closing of the Initial Public Offering, on March 3, 2025, an amount of $231,150,000 ($10.05 per Unit) from the net proceeds of Initial Public Offering and the Private Placement was held in a trust account (the “Trust Account”) located in the United States, with Continental Stock Transfer & Trust Company (“Continental”) acting as trustee and are initially held in cash, including in demand deposit accounts at a bank, or invested in U.S. Department of the Treasury (“Treasury”) obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, that invest only in direct Treasury obligations; the holding of these assets in this form is intended to be temporary and for the sole purpose of facilitating the intended Business Combination. To mitigate the risk that the Company might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer that the Company holds investments in the Trust Account, the Company may, at any time (based on Management’s ongoing assessment of all factors related to the potential status of the Company under the Investment Company Act), instruct Continental to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account in cash or in an interest-bearing demand deposit account at a bank. Interest earned on the funds held in the Trust Account may only be released to the Company to pay its taxes, if any, and any such withdrawals can only be made from interest and not from the principal held in the Trust Account. The proceeds from the Initial Public Offering and the Private Placement will not be released from the Trust Account until the earliest of (i) the completion of the initial Business Combination, (ii) the redemption of the Public Shares if the Company is unable to complete the initial Business Combination by March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026), as may be extended by shareholder approval to amend the Company’s amended and restated memorandum and articles of association (the “Amended and Restated Articles”) to extend the date by which the Company must consummate an initial Business Combination) or by such earlier liquidation date as the Company’s board of directors (the “Board”) may approve (the “Combination Period”)), subject to applicable law, or (iii) the redemption of the Public Shares properly submitted in connection with a shareholder vote to amend the Amended and Restated Articles to modify (x) the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination within the Combination Period or (y) any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity. The proceeds deposited in the Trust Account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the holders of the Public Shares (the “Public Shareholders”). The Company will provide the Public Shareholders with the opportunity to redeem all or a portion of their Public Shares upon the completion of the initial Business Combination either (i) in connection with a general meeting called to approve the initial Business Combination or (ii) without a shareholder vote by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a proposed initial Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account calculated as of two business days prior to the consummation of the initial Business Combination, including interest earned on the funds held in the Trust Account (less taxes payable, if any), divided by the number of then outstanding Public Shares, subject to the limitations of applicable law and the Amended and Restated Articles. As of March 31, 2026, the amount of the Trust Account was $10.39 per Public Share. The Ordinary Shares (as defined in Note 5) subject to redemption were recorded at a redemption value and classified as temporary equity at the completion of the Initial Public Offering, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.” The Company has only the duration of the Combination Period to complete the initial Business Combination. If the Company is unable to complete its initial Business Combination within the Combination Period, the Company will as promptly as reasonably possible, but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (less taxes payable, if any, and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will constitute full and complete payment for the Public Shares and completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation or other distributions, if any), subject to the Company’s obligations under Cayman Islands law to provide for claims of creditors and subject to the other requirements of applicable law. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, dated February 27, 2025 (the “Letter Agreement”), pursuant to which they have agreed to (i) waive their redemption rights with respect to their Founder Shares (as defined in Note 5) and Public Shares in connection with (x) the completion of the initial Business Combination or an earlier redemption in connection with the commencement of the procedures to consummate the initial Business Combination if the Company determines it is desirable to facilitate the completion of the initial Business Combination and (y) a shareholder vote to approve an amendment to the Amended and Restated Articles to modify (1) the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination within the Combination Period or (2) any other material provisions relating to shareholders’ rights or pre-initial Business Combination; (ii) waive their redemption rights with respect to their Founder Shares and Public Shares in connection with a shareholder vote to approve an amendment to the Amended and Restated Articles; (iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares if the Company fails to complete the initial Business Combination within the Combination Period, although they will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares they hold if the Company fails to complete the initial Business Combination within the Combination Period and to liquidating distributions from assets outside the Trust Account; and (iv) vote any Founder Shares held by them and any Public Shares purchased during or after the Initial Public Offering (including in open market and privately negotiated transactions) in favor of the initial Business Combination (except that any Public Shares such parties may purchase in compliance with the requirements of Rule 14e-5 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), would not be voted in favor of approving the Business Combination transaction). The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party (other than the Company’s independent public accountants) for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or Business Combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.05 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.05 per Public Share due to reductions in the value of the Trust Account assets, less income taxes payable, provided that such liability will not apply to any claims by a third party (other than the Company’s independent public accountants) or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). However, the Company has not asked the Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations, and the Company believes that the Sponsor’s only assets are securities of the Company. Therefore, there can be no assurance that the Sponsor will be able to satisfy those obligations. On February 25, 2026, the Board appointed Somsak Chivavibul as a Class I director of the Board, effective immediately. The Board determined that Mr. Chivavibul qualifies as an independent director and appointed him to serve as a member of the Audit Committee and the chair of the Compensation Committee of the Board. In connection with the appointment, the Company entered into a joinder to the Letter Agreement with Mr. Chivavibul, as well as an indemnification agreement, which are substantially similar to those entered into by the Company’s current officers and directors. Teamshares Merger Agreement On November 14, 2025, the Company entered into an Agreement and Plan of Merger, as amended on each of April 1, 2026 and May 13, 2026, and as it may be further amended or supplemented from time to time (the “Teamshares Merger Agreement”), with (i) the Merger Subs, (iii) Teamshares Inc., a Delaware corporation (“Teamshares”), (iv) the Sponsor, from and after the closing (the “Closing”) of the transactions contemplated by the Teamshares Merger Agreement (collectively, the “Teamshares Business Combination”), solely in its capacity as representative for the Company’s shareholders (other than the Teamshares security holders and their respective successors and assigns) for the limited purposes set forth in the Teamshares Merger Agreement and (v) Brian Gaebe, in the capacity as the representative from and after the Closing of the Earnout Participants (as defined in the Teamshares Merger Agreement) and their respective successors and assignees in accordance with the terms and conditions of the Merger Agreement. Teamshares is a tech-enabled acquiror of high-quality businesses, intending to be a permanent home for businesses. Part holding company, part financial technology, Teamshares programmatically acquires companies with $0.5 to $5 million of earnings before interest, taxes, depreciation, and amortization from retiring owners, integrates them with the Teamshares platform, and helps employees earn company stock. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of over $400 million across over 40 industries and 30 states. Pursuant to the Teamshares Merger Agreement, subject to the terms and conditions set forth therein, (i) prior to the Closing, the Company will de-register from the Register of Companies in the Cayman Islands and transfer by way of continuation out of the Cayman Islands and into the State of Delaware so as to become a Delaware corporation (the “Domestication”), (ii) following the Domestication, at the Closing, Merger Sub will merge with and into Teamshares (the “First Merger”) with Teamshares surviving such merger as a wholly owned subsidiary of the Company (the “Surviving Corporation”) and (iii) immediately following the First Merger and as part of the same overall transaction as the First Merger, the Surviving Corporation will merge with and into Merger Sub II (the “Second Merger” and together with the First Merger, the “Mergers”), and as a result of which (a) all of the issued and outstanding capital stock of Teamshares as of immediately prior to the First Merger shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, in exchange for the right of each Teamshares stockholder to receive its pro rata share of the Stockholder Merger Consideration (as defined below) (after giving effect to certain elections by certain Teamshares preferred holders and, thereafter, giving effect to the conversion of all remaining shares of Teamshares preferred stock into shares of Teamshares common stock in accordance with the terms of the Teamshares Merger Agreement or otherwise treating shares of Teamshares preferred stock on an as converted to Teamshares common stock basis), and each Earnout Participant to receive their Earnout Shares (as defined in the Teamshares Merger Agreement) and (b) the in-the-money Teamshares options shall be assumed (with equitable adjustments to the number and exercise price of such Teamshares options) and replaced with options exercisable into shares of the combined company’s common stock (the “Assumed Options”), all upon the terms and subject to the conditions set forth in the Teamshares Merger Agreement and in accordance with applicable law. The Teamshares Merger Agreement provides that the total consideration received from the Company at the Closing by the Teamshares security holders that have completed required transmittal documents and holders of vested options to purchase shares of Teamshares common stock that are “in-the-money” as of immediately prior to the effective time of the First Merger will be a number of newly-issued shares of the combined company’s common stock, par value $0.0001 per share (the “Combined Company Common Stock”), and options to purchase shares of the Combined Company Common Stock, with an aggregate value equal to the sum of (i) Five Hundred and Twenty-Five Million Dollars ($525,000,000) plus (ii) the Interim Period Financing (as defined in the Teamshares Merger Agreement) amount, if any, that has converted into Teamshares common stock (the “Merger Consideration”), with each share of the Company’s common stock valued at $10.00 (with the total portion of the Merger Consideration amount payable to all Teamshares stockholders in accordance with the Teamshares Merger Agreement, the “Stockholder Merger Consideration”). All Teamshares warrants, convertible debt, underwater options and other convertible securities outstanding and not exercised or converted prior to the Closing will be terminated as of the Closing. The Teamshares Merger Agreement also provides that the Teamshares stockholders and certain qualifying holders of Assumed Options (collectively referred to as Earnout Participants), may be entitled to receive additional shares of Combined Company Common Stock upon the future occurrence, if any, of certain events within the period ending on the five-year anniversary of the Closing, subject to satisfaction of certain additional conditions, as further described in the Teamshares Merger Agreement. Liquidity, Capital Resources and Going Concern As of March 31, 2026, the Company had cash and cash equivalents of $1,124,492. The Company uses the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination, including the Teamshares Business Combination. In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (the “Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. As of March 31, 2026 and December 31, 2025, no such Working Capital Loans were outstanding. The Company will need to raise additional capital through loans or additional investments from the Sponsor or its officers, directors or their affiliates, However, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital, it may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable terms, if at all. In connection with the Company’s assessment of going concern, the Company has until March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026) to consummate a Business Combination. It is uncertain whether the Company will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the liquidity condition and mandatory liquidation should a Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. Management intends to consummate a Business Combination prior to March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026). No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after the end of the Combination Period.	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Live Oak Acquisition Corp. V (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on November 27, 2024. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). As of December 31, 2025, the Company had two wholly owned subsidiaries, Catalyst Sub Inc., a Delaware corporation, incorporated on November 6, 2025 (“Merger Sub”), and Catalyst Sub 2 LLC, a Delaware limited liability company, incorporated on November 6, 2025 (“Merger Sub II”, and together with Merger Sub, the “Merger Subs”), which were formed solely in contemplation of the proposed Teamshares Business Combination (as defined and described below). The Merger Subs have not commenced any operations and have only nominal assets and no liabilities or contingent liabilities, nor any outstanding commitments other than in connection with the Teamshares Business Combination. As of December 31, 2025, the Company had not commenced any operations. All activity for the period from November 27, 2024 (inception) through December 31, 2025 relates to the Company’s formation, the Initial Public Offering (as defined below), and subsequent to the Initial Public Offering, identifying a target company for and consummating a Business Combination, including the Teamshares Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest income on the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end. The Company’s Sponsor is Live Oak Sponsor V LLC, a Delaware limited liability company (the “Sponsor”). The Registration Statement on Form S-1 for the Initial Public Offering, initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 10, 2025, as amended (File No. 333-284207), was declared effective on February 27, 2025 (the “IPO Registration Statement”). On March 3, 2025, the Company consummated the initial public offering of 23,000,000 units of the Company at $ 10.00 per unit (the “Units”), which included the full exercise by the several underwriters of the Initial Public Offering (the “Underwriters”) of their over-allotment option (the “Over-Allotment Option”) in the amount of 3,000,000 Units (the “Option Units”), at $ 10.00 per Option Unit, generating gross proceeds of $ 230,000,000 (the “Initial Public Offering”). Each Unit consists of one Class A ordinary share, par value $ 0.0001 per share, of the Company (the “Class A Ordinary Shares” and with respect to the Class A Ordinary Shares included in the Units, the “Public Shares”) and one-half of one redeemable warrant of the Company (the “Public Warrants”). Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 4,500,000 warrants (the “Private Placement Warrants,” and together with the Public Warrants, the “Warrants”) at a price of $1.00 per Private Placement Warrant, in a private placement to the Sponsor, generating gross proceeds of $4,500,000 (the “Private Placement”). Each whole Warrant entitles the holder to purchase one Class A Ordinary Share at a price of $ 11.50 per share. The Company’s management (“Management”) has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the Private Placement, although substantially all of the net proceeds are intended to be generally applied toward consummating a Business Combination (less the Deferred Fee (as defined in Note 6) and taxes payable, if any). Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs. The Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80 % of the net balance in the Trust Account (as defined below) (excluding the amount of Deferred Fee held and taxes payable on the income earned on the Trust Account, if any) at the time of the signing an agreement to enter into a Business Combination. However, the Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50 % or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully effect a Business Combination. Following the closing of the Initial Public Offering, on March 3, 2025, an amount of $231,150,000 ($ 10.05 per Unit) from the net proceeds of Initial Public Offering and the Private Placement was held in a trust account (the “Trust Account”) located in the United States, with Continental Stock Transfer & Trust Company (“Continental”) acting as trustee and are initially held in cash, including in demand deposit accounts at a bank, or invested in U.S. Department of the Treasury (“Treasury”) obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, that invest only in direct Treasury obligations; the holding of these assets in this form is intended to be temporary and for the sole purpose of facilitating the intended Business Combination. To mitigate the risk that the Company might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer that the Company holds investments in the Trust Account, the Company may, at any time (based on Management’s ongoing assessment of all factors related to the potential status of the Company under the Investment Company Act), instruct Continental to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account in cash or in an interest-bearing demand deposit account at a bank. Interest earned on the funds held in the Trust Account may only be released to the Company to pay its taxes, if any, and any such withdrawals can only be made from interest and not from the principal held in the Trust Account. The proceeds from the Initial Public Offering and the Private Placement will not be released from the Trust Account until the earliest of (i) the completion of the initial Business Combination, (ii) the redemption of the Public Shares if the Company is unable to complete the initial Business Combination by March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026), as may be extended by shareholder approval to amend the Company’s amended and restated memorandum and articles of association (the “Amended and Restated Articles”) to extend the date by which the Company must consummate an initial Business Combination) or by such earlier liquidation date as the Company’s board of directors (the “Board”) may approve (the “Combination Period”)), subject to applicable law, or (iii) the redemption of the Public Shares properly submitted in connection with a shareholder vote to amend the Amended and Restated Articles to modify (x) the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100 % of the Public Shares if the Company has not consummated an initial Business Combination within the Combination Period or (y) any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity. The proceeds deposited in the Trust Account could become subject to the claims of the Company’s creditors, if any, which could have priority over the claims of the holders of the Public Shares (the “Public Shareholders”). The Company will provide the Public Shareholders with the opportunity to redeem all or a portion of their Public Shares upon the completion of the initial Business Combination either (i) in connection with a general meeting called to approve the initial Business Combination or (ii) without a shareholder vote by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a proposed initial Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account calculated as of two business days prior to the consummation of the initial Business Combination, including interest earned on the funds held in the Trust Account (less taxes payable, if any), divided by the number of then outstanding Public Shares, subject to the limitations of applicable law and the Amended and Restated Articles. As of December 31, 2025, the amount of the Trust Account was $ 10.39 per Public Share. The Ordinary Shares (as defined in Note 5) subject to redemption were recorded at a redemption value and classified as temporary equity at the completion of the Initial Public Offering, in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity”. The Company has only the duration of the Combination Period to complete the initial Business Combination. If the Company is unable to complete its initial Business Combination within the Combination Period, the Company will as promptly as reasonably possible, but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (less taxes payable, if any, and up to $ 100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will constitute full and complete payment for the Public Shares and completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation or other distributions, if any), subject to the Company’s obligations under Cayman Islands law to provide for claims of creditors and subject to the other requirements of applicable law. The Sponsor and the Company’s officers and directors have entered into a letter agreement with the Company, dated February 27, 2025 (the “Letter Agreement”), pursuant to which they have agreed to (i) waive their redemption rights with respect to their Founder Shares (as defined in Note 5) and Public Shares in connection with (x) the completion of the initial Business Combination or an earlier redemption in connection with the commencement of the procedures to consummate the initial Business Combination if the Company determines it is desirable to facilitate the completion of the initial Business Combination and (y) a shareholder vote to approve an amendment to the Amended and Restated Articles to modify (1) the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination within the Combination Period or (2) any other material provisions relating to shareholders’ rights or pre-initial Business Combination; (ii) waive their redemption rights with respect to their Founder Shares and Public Shares in connection with a shareholder vote to approve an amendment to the Amended and Restated Articles; (iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares if the Company fails to complete the initial Business Combination within the Combination Period, although they will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares they hold if the Company fails to complete the initial Business Combination within the Combination Period and to liquidating distributions from assets outside the Trust Account; and (iv) vote any Founder Shares held by them and any Public Shares purchased during or after the Initial Public Offering (including in open market and privately negotiated transactions) in favor of the initial Business Combination (except that any Public Shares such parties may purchase in compliance with the requirements of Rule 14e-5 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), would not be voted in favor of approving the Business Combination transaction). The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party (other than the Company’s independent public accountants) for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or Business Combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $ 10.05 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $ 10.05 per Public Share due to reductions in the value of the Trust Account assets, less income taxes payable, provided that such liability will not apply to any claims by a third party (other than the Company’s independent public accountants) or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). However, the Company has not asked the Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations, and the Company believes that the Sponsor’s only assets are securities of the Company. Therefore, there can be no assurance that the Sponsor will be able to satisfy those obligations. Teamshares Merger Agreement On November 14, 2025, the Company entered into an Agreement and Plan of Merger, as it may be amended or supplemented from time to time (the “Teamshares Merger Agreement”), with (i) the Merger Subs, (iii) Teamshares Inc., a Delaware corporation (“Teamshares”), (iv) the Sponsor, from and after the closing (the “Closing”) of the transactions contemplated by the Teamshares Merger Agreement (collectively, the “Teamshares Business Combination”), solely in its capacity as representative for the Company’s shareholders (other than the Teamshares security holders and their respective successors and assigns) for the limited purposes set forth in the Teamshares Merger Agreement and (v) Brian Gaebe, in the capacity as the representative from and after the Closing of the Earnout Participants (as defined in the Teamshares Merger Agreement) and their respective successors and assignees in accordance with the terms and conditions of the Merger Agreement. Teamshares is a tech-enabled acquiror of high-quality businesses, intending to be a permanent home for businesses. Part holding company, part financial technology, Teamshares programmatically acquires companies with $0.5 to $5 million of earnings before interest, taxes, depreciation, and amortization from retiring owners, integrates them with the Teamshares platform, and helps employees earn company stock. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of over $400 million across over 40 industries and 30 states. Pursuant to the Teamshares Merger Agreement, subject to the terms and conditions set forth therein, (i) prior to the Closing, the Company will continue out of the Cayman Islands and into the State of Delaware and domesticate as a Delaware corporation (the “Domestication”), (ii) at the Closing, Merger Sub will merge with and into Teamshares (the “First Merger”) with Teamshares surviving such merger as a wholly owned subsidiary of the Company (the “Surviving Corporation”) and (iii) immediately following the First Merger and as part of the same overall transaction as the First Merger, the Surviving Corporation will merge with and into Merger Sub II (the “Second Merger” and together with the First Merger, the “Mergers”) and as a result of which (a) all of the issued and outstanding capital stock of Teamshares as of immediately prior to the First Merger shall no longer be outstanding and shall automatically be cancelled and shall cease to exist, in exchange for the right of each Teamshares stockholder to receive its pro rata share of the Stockholder Merger Consideration (as defined below) and each Earnout Participant to receive their Earnout Shares (as defined in the Teamshares Merger Agreement) and (b) the in-the-money Teamshares options shall be assumed (with equitable adjustments to the number and exercise price of such Teamshares options) and replaced with options exercisable into shares of the Company’s common stock, all upon the terms and subject to the conditions set forth in the Teamshares Merger Agreement and in accordance with applicable law. The Teamshares Merger Agreement provides that the total consideration received by the Teamshares security holders from the Company at the Closing will be a number of shares of the Company’s common stock with an aggregate value equal to the sum of (i) Five Hundred and Twenty-Five Million Dollars ($525,000,000) plus (ii) the Interim Period Financing (as defined in the Teamshares Merger Agreement), if any, that has converted into Teamshares common stock, (the “Merger Consideration”), with each share of the Company’s common stock valued at $10.00 (with the total portion of the Merger Consideration amount payable to all Teamshares stockholders in accordance with the Teamshares Merger Agreement, the “Stockholder Merger Consideration”). All Teamshares warrants, convertible debt, underwater options and other convertible securities outstanding and not exercised or converted prior to the Closing will be terminated as of the Closing. Liquidity, Capital Resources and Going Concern As of December 31, 2025, the Company had cash and cash equivalents of $1,329,433. The Company uses the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination, including the Teamshares Business Combination. In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (the “Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. As of December 31, 2025, no such Working Capital Loans were outstanding. The Company will need to raise additional capital through loans or additional investments from the Sponsor or its officers, directors or their affiliates, However, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital, it may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. The Company cannot provide any assurance that new financing will be available to it on commercially acceptable terms, if at all. In connection with the Company’s assessment of going concern, the Company has until March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026) to consummate a Business Combination. It is uncertain whether the Company will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the liquidity condition and mandatory liquidation should a Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. Management intends to consummate a Business Combination prior to March 3, 2027 (since the Company has executed a definitive agreement for an initial Business Combination by December 3, 2026). No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after the end of the Combination Period.

Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares	Mar. 31, 2026	Dec. 31, 2025	Dec. 31, 2024
Preference shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Preference shares, shares authorized (in Shares)	5,000,000	5,000,000	5,000,000
Preference shares, shares issued (in Shares)	0	0	0
Preference shares, shares outstanding (in Shares)	0	0	0
Class A Ordinary Shares
Class A ordinary shares subject to possible redemption, shares (in Shares)	23,000,000	23,000,000	0
Class A ordinary shares subject to possible redemption, per share (in Dollars per share)	$ 10.48	$ 10.39	$ 0
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized (in Shares)	500,000,000	500,000,000	500,000,000
Ordinary shares, shares outstanding (in Shares)	0	0	0
Ordinary shares, shares issued (in Shares)	0	0	0
Class B Ordinary Shares
Ordinary shares, par value (in Dollars per share)	$ 0.0001	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized (in Shares)	50,000,000	50,000,000	50,000,000
Ordinary shares, shares outstanding (in Shares)	5,750,000	5,750,000	5,750,000
Ordinary shares, shares issued (in Shares)	5,750,000	5,750,000	5,750,000

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 1,124,492	$ 1,329,433	$ 0
Due from sponsor	713	713	0
Prepaid expenses	80,417	86,667	8,502
Deferred offering costs		0	59,044
Total Current Assets	1,205,622	1,416,813	67,546
Long-term prepaid insurance	0	14,167	0
Marketable securities held in Trust Account	241,144,179	239,042,295	0
TOTAL ASSETS	242,349,801	240,473,275	67,546
LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS' DEFICIT
Accrued expenses	1,777,147	1,036,287	2,750
Accrued offering costs	75,000	75,000	0
Total Current Liabilities	1,852,147	1,111,287	61,117
PIPE Subscription Agreements liability	16,539,057	15,274,088	0
Deferred Advisory fee	6,900,000	6,900,000	0
Deferred underwriting fee	6,900,000	6,900,000	0
TOTAL LIABILITIES	32,191,204	30,185,375	61,117
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS' EQUITY (DEFICIT)
Class A Ordinary Shares subject to possible redemption; 23,000,000 and no shares at redemption value of $10.39 and $0 per share as of December 31, 2025 and 2024, respectively	241,144,179	239,042,295	0
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of March 31, 2026 and December 31, 2025	0	0	0
Additional paid-in capital	0	0	24,425
Accumulated deficit	(30,986,157)	(28,754,970)	(18,571)
TOTAL SHAREHOLDERS' EQUITY (DEFICIT)	(30,985,582)	(28,754,395)	6,429
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS' EQUITY (DEFICIT)	242,349,801	240,473,275	67,546
Class A Ordinary Shares
SHAREHOLDERS' EQUITY (DEFICIT)
Ordinary shares, value	0	0	0
Class B Ordinary Shares
SHAREHOLDERS' EQUITY (DEFICIT)
Ordinary shares, value	$ 575	575	575
Related Party
LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS' DEFICIT
IPO Promissory Note - related party		$ 0	$ 58,367

Offsets	Jul. 29, 2026 USD ($) shares
Offset: 1
Offset Payment:
Offset Claimed	true
Rule 457(p) Offset	true
Registrant or Filer Name	Teamshares Inc.
Form or Filing Type	S-1
File Number	333-284207
Initial Filing Date	Jan. 10, 2025
Fee Offset Claimed	$ 20,248.00
Security Type Associated with Fee Offset Claimed	Equity
Security Title Associated with Fee Offset Claimed	Class A common stock, par value $0.0001 per share
Unsold Securities Associated with Fee Offset Claimed \| shares	11,500,000
Unsold Aggregate Offering Amount Associated with Fee Offset Claimed	$ 132,250,000.00
Termination / Withdrawal Statement	The Registrant is the successor to Live Oak Acquisition Corp. V, which domesticated as a Delaware corporation and changed its name to "Teamshares Inc." in connection with the Business Combination that closed on June 18, 2026. Live Oak Acquisition Corp. V paid an aggregate registration fee of $20,248.00 in connection with the registration of 11,500,000 shares of Class A common stock, par value $0.0001 (the "Class A common stock"), underlying the Public Warrants it sold in its initial public offering under a registration statement on Form S-1 (File No. 333-284207), consisting of $13,498.84 paid upon the initial filing on January 10, 2025 and $6,749.16 paid upon a subsequent amendment filed on February 13, 2025, which registration statement was declared effective by the Securities and Exchange Commission on February 27, 2025. The offering under such registration statement has terminated, and the 11,500,000 of these securities that remain unsold are being registered under this registration statement. In accordance with Rule 457(p) under the Securities Act, the total amount of the registration fee due upon filing of this registration statement has been offset by $20,248.00.
Offset: 2
Offset Payment:
Offset Claimed	false
Rule 457(p) Offset	true
Registrant or Filer Name	Teamshares Inc.
Form or Filing Type	S-1
File Number	333-284207
Filing Date	Jan. 10, 2025
Fee Paid with Fee Offset Source	$ 13,498.84
Offset: 3
Offset Payment:
Offset Claimed	false
Rule 457(p) Offset	true
Registrant or Filer Name	Teamshares Inc.
Form or Filing Type	S-1
File Number	333-284207
Filing Date	Feb. 13, 2025
Fee Paid with Fee Offset Source	$ 6,749.16

Summary of Significant Accounting Policies - Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share (Details) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025
Class A [Member]
Numerator:
Allocation of net loss		$ (103,442)	$ (3,692,303)	$ (12,751,322)
Denominator:
Basic weighted average shares outstanding		23,000,000	7,411,111	19,156,164
Basic net loss per ordinary share		$ 0	$ (0.5)	$ (0.67)
Allocation of net income (loss)				$ (12,687,150)
Denominator:
Diluted weighted average shares outstanding		23,000,000	7,411,111	19,156,164
Diluted net loss per ordinary share		$ 0	$ (0.5)	$ (0.66)
Class B [Member]
Numerator:
Allocation of net loss	$ (18,571)	$ (25,861)	$ (2,611,460)	$ (3,744,059)
Denominator:
Basic weighted average shares outstanding	5,000,000	5,750,000	5,241,667	5,624,658
Basic net loss per ordinary share	$ 0	$ 0	$ (0.5)	$ (0.67)
Allocation of net income (loss)	$ (18,571)			$ (3,808,232)
Denominator:
Diluted weighted average shares outstanding	5,000,000	5,750,000	5,241,667	5,750,000
Diluted net loss per ordinary share	$ 0	$ 0	$ (0.5)	$ (0.66)

Summary of Significant Accounting Policies - Schedule of Valuation of the Public Warrants (Details) - Mar. 03, 2025 - Public Warrant [Member]	Total	Properties
Implied Class A ordinary share price [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	9.91	9.91
Exercise price [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	11.5	11.5
Simulation term (years) [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	7	7
Risk-free rate (continuous) [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	4.02	4.02
Selected volatility [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	2.5	2.5
Probability of de-SPAC and market adjustment [Member]
Schedule of Valuation of the Public Warrants [Line Items]
Fair value of public warrants	15	15

Fair Value Measurements

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 8. FAIR VALUE MEASUREMENTS

The fair value of the Company’s financial assets and liabilities reflects Management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

Level 1:

Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2:

Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.

Level 3:

Unobservable inputs based on an assessment of the assumptions that market participants would use in pricing the asset or liability.

The Company classifies its securities in the Trust Account that are invested in funds, such as Mutual Funds or Money Market Funds, that primarily invest in Treasury and equivalent securities as Trading Securities in accordance with FASB ASC Topic 320 “Investments–Debt and Equity Securities.” Trading Securities are recorded at fair market value on the accompanying condensed consolidated balance sheets.

At March 31, 2026, assets held in the Trust Account were comprised of $241,144,179 in a mutual fund that is invested primarily in Treasury securities. For the three months ended March 31, 2026, the Company did not withdraw any of the interest earned on the Trust Account.


	Fair Value Measured as of March 31, 2026
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	241,144,179	$	—	$	—	$	241,144,179

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	16,539,057	$	16,539,057


	Fair Value Measured as of December 31, 2025
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	239,042,295	$	—	$	—	$	239,042,295

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	15,274,088	$	15,274,088

PIPE Subscription Agreements Liability

In order to calculate the fair value of the PIPE Subscription Agreements derivative liability, the Company utilized the following inputs:


	March 31, 2026			December 31, 2025
Probability of Business Combination		95	%		90	%
Underlying Ordinary Share price	$	10.40		$	10.30
Term (years)		0.21			0.41
Risk-free rate		3.74	%		3.62	%
Volatility		1.50	%		4.60	%

The following table presents the changes in the fair value of the PIPE Subscription Agreements derivative liability:


	PIPE Subscription Agreements
Fair value as of November 14, 2025 (initial measurement)	$	15,582,052
Change in fair value		(307,964	)

Fair value as of December 31, 2025		15,274,088
Change in fair value		1,264,969

Fair value as of March 31, 2026	$	16,539,057

The change in the fair value of the PIPE Subscription Agreements liability for the three months ended March 31, 2026 is $1,264,969.

There were no transfers between fair value levels during the three months ended March 31, 2025.

NOTE 8. FAIR VALUE MEASUREMENTS

The fair value of the Company’s financial assets and liabilities reflects Management’s estimate of amounts that the Company would have received

connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

Level 1:

Level 2:

Level 3:

Unobservable inputs based on an assessment of the assumptions that market participants would use in pricing the asset or liability.

The

Company classifies its securities in the Trust Account that are invested in funds, such as Mutual Funds or Money Market Funds, that primarily invest in Treasury and equivalent securities as Trading Securities in accordance with FASB ASC Topic 320 “Investments–Debt and Equity Securities”. Trading Securities are recorded at fair market value on the accompanying consolidated balance sheets.

At December 31, 2025, assets held in the Trust Account were comprised of $239,042,295 in a mutual fund that is invested primarily in Treasury securities. For the period ended December 31, 2025, the Company did not withdraw any of the interest earned on the Trust Account. At December 31, 2024, the Trust Account did not exist.


	Fair Value Measured as of December 31, 2025
	Level 1		Level 2		Level 3		Total
Assets
Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund	$	239,042,295	$	—	$	—	$	239,042,295

Liabilities:
PIPE Subscription Agreements liability	$	—	$	—	$	15,274,088	$	15,274,088

PIPE Subscription Agreements Liability

In order to calculate the fair value of the PIPE Subscription Agreements derivative liability, the Company utilized the following inputs:


	November 14, 2025 (Initial measurement)			December 31, 2025
Probability of Business Combination		85	%		90	%
Underlying Ordinary Share price	$	10.32		$	10.30
Term (years)		0.54			0.41
Risk-free rate		3.79	%		3.62	%
Volatility		12.70	%		4.60	%

The following table presents the changes in the fair value of the PIPE Subscription Agreements derivative liability:


	PIPE Subscription Agreements
Fair value as of November 14, 2025 (initial measurement)	$	15,582,052
Change in fair value		(307,964	)

Fair value as of December 31, 2025	$	15,274,088

The change in the fair value of the PIPE Subscription Agreements liability for the year ended December 31, 2025 is $

307,964

. There was

PIPE Subscription Agreements liability for the year ended December 31, 2024.

There were no transfers between fair value levels during year ended December 31, 2025 and 2024.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Summary of Significant Accounting Policies - Schedule of Class A Ordinary Shares Subject to Possible Redemption (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2026	Mar. 31, 2025	Dec. 31, 2025	Dec. 31, 2024
Schedule of Class A Ordinary Shares Subject to Possible Redemption [Abstract]
Gross proceeds			$ 230,000,000
Less:
Proceeds allocated to Public Warrants			(2,185,000)
Class A Ordinary shares issuance costs			(7,638,884)
Plus:
Remeasurement of carrying value to redemption value			18,866,179
Class A Ordinary Shares subject to possible redemption, December 31, 2025	$ 241,144,179		239,042,295	$ 0
Accretion for Class A ordinary shares to redemption amount	$ 2,101,884	$ 11,691,817	$ 18,866,179

- Definition

Value of accretion of temporary equity to its redemption value during the period.

+ References

+ Details

- Definition

Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References

+ Details

Cover	3 Months Ended
Cover	Mar. 31, 2026
Entity Information [Line Items]
Document Type	S-1
Entity Registrant Name	TEAMSHARES INC.
Entity Central Index Key	0002048951
Amendment Flag	false
Entity Primary SIC Number	6719
Entity Incorporation, State or Country Code	DE
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Address, State or Province	NY
Entity Tax Identification Number	61-2235506
Entity Address, Address Line One	214 Sullivan Street
Entity Address, Address Line Two	3B
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10012
City Area Code	917
Local Phone Number	310-2731
Business Contact [Member]
Entity Information [Line Items]
Entity Address, State or Province	NY
Contact Personnel Name	Brian Gaebe
Entity Address, Address Line One	214 Sullivan Street
Entity Address, Address Line Two	3B
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10012
City Area Code	917
Local Phone Number	310-2731

Commitments and Contingencies (Details) - USD ($)	3 Months Ended	12 Months Ended
Commitments and Contingencies (Details) - USD ($)	Mar. 31, 2026	Dec. 31, 2025	Dec. 24, 2025	Nov. 14, 2025	Mar. 03, 2025	Dec. 31, 2024
Commitments and Contingencies [Line Items]
Underwriting commissions paid	$ 250,000	$ 250,000
Deferred underwriting discount	6,900,000	6,900,000
Legal fees	35,000	35,000
Deferred Advisory fee	$ 6,900,000	$ 6,900,000				$ 0
Closing fee entered			$ 1,000,000
Closing fee not entered			$ 5,000,000
Class A
Commitments and Contingencies [Line Items]
Common stock par value	$ 0.0001	$ 0.0001				$ 0.0001
Underwriting Agreement [Member]
Commitments and Contingencies [Line Items]
Price per unit					$ 10
PIPE Subscription Agreement [Member]
Commitments and Contingencies [Line Items]
Fair value of the PIPE subscription agreements liability	$ 16,539,057	$ 15,274,088				$ 0
PIPE Subscription Agreement [Member] \| Class A
Commitments and Contingencies [Line Items]
Common stock par value				$ 9.2
Fee Letter Agreement [Member]
Commitments and Contingencies [Line Items]
Fee letter closing fee amount	1,000,000
Payable to lenders	5,000,000
Other Liabilities	$ 0
IPO [Member]
Commitments and Contingencies [Line Items]
Number of units issued (in Shares)	23,000,000	23,000,000
Percentage of gross proceeds	(3.00%)	3.00%
Gross proceeds raised percentage	3.00%	3.00%
Price per unit	$ 10	$ 10			$ 10.05
IPO [Member] \| Class A
Commitments and Contingencies [Line Items]
Common stock par value	$ 12	$ 12
IPO [Member] \| Underwriting Agreement [Member]
Commitments and Contingencies [Line Items]
Underwriters option period from the date of initial public offering	45 days	45 days
Over-Allotment Option [Member]
Commitments and Contingencies [Line Items]
Number of units issued (in Shares)	3,000,000	3,000,000
Deferred Advisory fee		$ 6,900,000
Over-Allotment Option [Member] \| Underwriting Agreement [Member]
Commitments and Contingencies [Line Items]
Number of units issued (in Shares)	3,000,000	3,000,000			3,000,000

Summary of Significant Accounting Policies (Policies)

3 Months Ended

12 Months Ended

Mar. 31, 2026

Dec. 31, 2025

Significant Accounting Policies [Line Items]

Basis of Presentation

10-Q

and Article 8 of Regulation

S-X

The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form

10-K

Basis of Presentation

Principles of Consolidation

Emerging Growth Company Status

Emerging Growth Company

non-emerging

Emerging Growth Company

non-emerging

growth companies, but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that, when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the accompanying consolidated financial statements with another public company that is neither an (i) emerging growth company nor (ii) emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

Making estimates requires Management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the accompanying consolidated financial statements, which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

Cash

Cash and Cash Equivalents

Cash

Marketable Securities Held in Trust Account

Concentrations of Credit Risk

Offering Costs

The Company complies with the requirements of the FASB ASC Topic

340-10-S99,

470-20,

Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs.

Offering Costs

The Company complies with the requirements of the FASB ASC Topic

340-10-S99,

470-20,

Transaction costs amounted to $7,723,148, consisting of $250,000 of cash underwriting fee, the Deferred Fee of $6,900,000 and $573,148 of other offering costs.

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under FASB ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying consolidated balance sheets, primarily due to their short-term nature.

Net Loss Per Ordinary Share

Net Loss per Ordinary Share

The following table reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Three Months Ended March 31,
	2026						2025
	Class A			Class B			Class A			Class B
Basic and diluted net loss per share:
Numerator:
Allocation of net loss	$	(103,442	)	$	(25,861	)	$	(3,692,303	)	$	(2,611,460	)
Denominator:
Basic and diluted weighted average Ordinary Shares outstanding		23,000,000			5,750,000			7,411,111			5,241,667

Basic and diluted net loss per Ordinary Share	$	(0.00	)	$	(0.00	)	$	(0.50	)	$	(0.50	)

Net Loss per Ordinary Share

t loss per Or

nary Share is calculated by dividing the net loss by the weighted average Ordinary Shares outstanding for the respective period.

The following tables reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Basic net loss per share:
Numerator:
Allocation of net loss	$	(12,751,322	)	$	(3,744,059	)	$	—	$	(18,571	)
Denominator:
Basic weighted average Ordinary Shares outstanding		19,156,164			5,624,658			—		5,000,000

Basic net loss per Ordinary Share	$	(0.67	)	$	(0.67	)	$	—	$	(0.00	)


	For the Year Ended December 31, 2025						For the Period from November 27, 2024 (Inception) Through December 31, 2024
	Class A			Class B			Class A		Class B
Diluted net loss per share:
Numerator:
Allocation of net loss	$	(12,687,150	)	$	(3,808,232	)	$	—	$	(18,571	)
Denominator:
Diluted weighted average Ordinary Shares outstanding		19,156,164			5,750,000			—		5,000,000

Diluted net loss per Ordinary Share	$	(0.66	)	$	(0.66	)	$	—	$	(0.00	)

Income Taxes

The Company accounts for income taxes under FASB ASC Topic 740, “Income Taxes” (“ASC 740

”),

Warrant Instruments


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

Warrant Instruments

The Company accounted for the Warrants issued in connection with the Initial Public Offering and the Private Placement in accordance with the guidance contained in FASB ASC Topic 815, “Derivatives and Hedging”. Accordingly, the Company evaluated and classified the Warrant instruments under equity treatment at their assigned values.

As of March 3, 2025, the fair value of the Public Warrants was $2,185,000, or $0.19 per Public Warrant. The fair value of Public Warrants was determined using the Monte Carlo Simulation Model. The Public Warrants have been classified within shareholders’ equity (deficit) and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:


	March 3, 2025
Implied Class A Ordinary Share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

Recent Accounting Pronouncements

In November 2024, the FASB issued Accounting Standards Update (“ASU”) Topic

2024-03,

“Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic

220-40):

Disaggregation of Income Statement Expenses” (“ASC

2024-03”),

requiring public entities to disclose additional information about specific expense categories in the notes to the financial statements on an interim and annual basis. ASU

2024-03

2024-03.

Recent Accounting Pronouncements

In November 2024, the FASB issued Accounting Standards Update (“ASU”) Topic

2024-03,

“Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic

220-40):

Disaggregation of Income Statement Expenses” (“ASC

2024-03”),

requiring public entities to disclose additional information about specific expense categories in the notes to the consolidated financial statements on an interim and annual basis. ASU

2024-03

is effective for fiscal years beginning after December 15, 2026, and for interim periods beginning

after

December 15, 2027, with

early

adoption permitted. The Company is currently evaluating the impact of adopting ASU

2024-03.

Management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material

effect

on the accompanying consolidated financial statements.

Class A Ordinary Shares Subject to Possible Redemption

480-10-S99,

paid-in


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Accretion for Class A ordinary shares to redemption amount		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025		239,042,295
Plus:
Accretion for Class A ordinary shares to redemption amount		2,101,884

Class A Ordinary Shares subject to possible redemption, March 31, 2026	$	241,144,179

Class A Ordinary Shares Subject to Possible Redemption

480-10-S99,

paid-in


Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary Shares issuance costs		(7,638,884	)
Plus:
Remeasurement of carrying value to redemption value		18,866,179

Class A Ordinary Shares subject to possible redemption, December 31, 2025	$	239,042,295

PIPE Subscription Agreements Liability [Text Block]

PIPE Subscription Agreements Liability

815-40,

“Contracts in Entity’s Own Equity” (“ASC

815-40”).

The instrument is subject to

re-measurement

PIPE Subscription Agreements Liability

815-40,

“Contracts in Entity’s Own Equity” (“ASC

815-40”).

The instrument is subject to

re-measurement