Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Summary of Significant Accounting Policies [Abstract]

Schedule of Ordinary Shares Subject to Possible Redemption

As of September 30, 2025, the ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following table:

	Amount
Gross proceeds	$	500,000,000
Less:
Proceeds allocated to Public Rights		(10,355,000	)
Proceeds allocated to over-allotment option		(553,748	)
Ordinary share issuance cost		(27,719,255	)
Plus:
Remeasurement of carrying value to redemption value		38,737,358
Ordinary shares subject to possible redemption, September 30, 2025	$	500,109,355

Schedule of Basic and Diluted Net Income Per Ordinary Share

The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per ordinary share for each class of ordinary shares:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025						2025
	Redeemable shares			Non-redeemable shares			Redeemable shares			Non-redeemable shares
Basic net loss per share:
Numerator:
Allocation of net loss	$	(8,207	)	$	(37,951	)	$	(9,783	)	$	(133,775	)
Denominator:
Weighted-average shares outstanding		2,717,391			12,565,217			915,751			12,521,978
Basic net loss per ordinary share	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)

Diluted net loss per share:
Numerator:
Allocation of net loss	$	(7,310	)	$	(38,848	)	$	(8,585	)	$	(134,973	)
Denominator:
Weighted-average shares outstanding		2,717,391			14,440,217			915,751			14,396,978
Diluted net loss per ordinary share	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)

	For The Period from August 23, 2024 (Inception) through September 30, 2024
	Redeemable		Non-Redeemable
Basic and diluted net loss per share:
Numerator:
Allocation of net loss	$	—	$	(41,684	)
Denominator:
Weighted-average shares outstanding		—		12,500,000
Basic and diluted net loss per ordinary share	$	—	$	(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

Drugs Made In America Acquisition II Corp. 10-Q