NOTE 10 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the condensed balance sheet date through June 6, 2025, the date that the unaudited condensed financial statements were available to be issued. Based upon this review, the Company did not identify any other subsequent events that would have required adjustment or disclosure in the unaudited condensed financial statements.

On April 24, 2025, the Company consummated its Initial Public Offering of 22,500,000 Public Units, including 2,500,000 Units issued pursuant to the partial exercise of the underwriters’ over-allotment option. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $225,000,000.

Simultaneously with the closing of the Initial Public Offering, the Company completed the private sale of 7,568,750 warrants to the Sponsor and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, and Clear Street LLC at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $7,568,750. The Private Placement Warrants are identical to the Warrants sold in the Initial Public Offering, except as otherwise noted in Note 8.

On April 24, 2025, the Company repaid the entirety of the balance drawn on the Promissory Note totaling $300,000.

The investments recorded in related party payable as of March 31, 2025 were settled simultaneously with the Initial Public Offering on April 24, 2025. Per the Administrative Services Agreement included in the Company’s Registration Statement on Form S-1 initially filed with the SEC on February 10, 2025, as amended, and declared effective on April 22, 2025, the Company began on April 24, 2025 to pay the Sponsor the sum of $10,000 per month for certain office space, utilities and secretarial and administrative support as may be reasonably required by the Company on a monthly basis until the earlier of the consummation of an initial business combination and the Company’s liquidation.