Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions that occurred after the condensed balance sheet date through April [ ], 2026, the date that the unaudited condensed financial statements were issued. Based upon this review, other than as noted below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the unaudited condensed financial statements.

On March 2, 2026, the Company consummated the Initial Public Offering of 23,000,000 Units which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 Units, at $10.00 per Unit, generating gross proceeds of $230,000,000. Upon the closing of the Initial Public Offering on March 2, 2026, an amount of $230,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units, and a portion of the net proceeds from the sale of the Private Placement Units, was held in a Trust Account.

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 625,000 Private Placement Units in a private placement to the Sponsor and to BTIG, LLC, at $10.00 per Unit, generating gross proceeds of $6,250,000. Of those 625,000 Private Placement Units, the Sponsor purchased 395,000 Private Placement Units and BTIG, LLC purchased 230,000 Private Placement Units.

On March 2, 2026, the underwriters were paid a cash underwriting discount of $4,600,000 upon the closing of the Initial Public Offering. Additionally, the underwriters are entitled to a deferred underwriting discount of $8,050,000 in the aggregate, payable to BTIG, LLC which was deposited in the Trust Account and released to BTIG, LLC only upon the completion of an initial Business Combination.

On March 4, 2026, the Company fully repaid the $173,808 outstanding borrowings under the Promissory Note. Borrowing against the note is no longer available.