The Company has evaluated subsequent events from the balance sheet date through the date on which these unaudited condensed financial statements were issued. Other than as described in the notes herein and below, the Company did not have any material subsequent events that impacted its unaudited condensed financial statements or disclosures. 

Amendment to LaunchIT Promissory Note (May 19, 2026)

On May 19, 2026, the Company and LaunchIT LLC entered into a First Amendment to Promissory Note and Waiver of Default (the “Amendment”) relating to the LaunchIT Note described in Note 5. Pursuant to the Amendment, the Company paid LaunchIT $15,000 and the parties agreed to consolidate the outstanding obligations under the LaunchIT Agreement into an amended principal balance of $165,000, with a final maturity of December 31, 2026. LaunchIT conditionally waived the existing defaults and suspended accrued default interest, in each case subject to reinstatement upon a Springing Default. As of the amendment effective date, no event of default exists under the LaunchIT Note as amended. See Note 5 — Debt for the complete terms of the Amendment, including the amended payment schedule and Springing Default provisions.