Note 8—Subsequent Events

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed financial statements were issued and determined that, except as set forth below, there have been no events that have occurred that would require adjustments to the disclosures in the unaudited condensed financial statements.

On May 5, 2025, the Company consummated the Initial Public Offering of 24,000,000 Class A ordinary shares, at a purchase price of $10.00 per share, generating gross proceeds of $240,000,000.

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 580,000 Private Placement Shares to the Sponsor at a price of $10.00 per share in the Private Placement, generating gross proceeds of $5,800,000.

Following the closing of the Initial Public Offering and the Private Placement on May 5, 2025, an amount of $240,000,000 from the net proceeds of the Initial Public Offering and the Private Placement was placed in the Trust Account.

On May 6, 2025, the Company transferred the $240,000,000 of net proceeds derived from the Initial Public Offering and the Private Placement to its trust account held at CF Secured, LLC, an affiliate of the Sponsor, with Continental acting as trustee. The net proceeds were invested in U.S. government treasury bills.