NOTE 11 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date of this report when these unaudited condensed financial statements were issued. Based on this review, except as disclosed below, the Company did not identify any other subsequent events that would require adjustment or disclosure in the unaudited condensed consolidated financial statements.

In July 2025, the Company issued an unsecured promissory note in the principal amount of $50,000 to the Sponsor. The proceeds of the promissory note were deposited into the Company’s Trust Account for the public stockholders, which enables the Company to extend the period of time it has to consummate its initial Business Combination from July 21, 2025 to August 21, 2025.

In July 2025, in connection with the stockholder’s vote at the Special Meeting, 1,152,875 shares of common stock were tendered for redemption and $13,510,111 (approximately $11.72 per share) was withdrawn from the Company’s Trust Account to pay such holders  with the balance of $207,991 to be paid upon settlement of the income taxes refunds and the balance of $175,587 to be paid subsequent to this filing. 

In July 2025, the Company withdrew $324,396 from the Trust Account for the purpose of paying the estimated federal income taxes payments for the year ending March 31, 2026.