Note 10 — Subsequent Events

On August 3, 2026, the Company entered into the Business Combination Agreement with Merger Sub and Startech. Pursuant to the Business Combination Agreement, at least one business day prior to the closing of the business combination, the Company will continue out of the British Virgin Islands and become a Delaware corporation by way of continuation. Following the Domestication, Merger Sub will merge with and into Startech, with Startech surviving the merger as a wholly owned subsidiary of the Domesticated Company. In connection with the business combination, the Company will be renamed “Startech Inc.” The consummation of the business combination is subject to customary closing conditions, including approval of the business combination by the shareholders of the Company and Startech, effectiveness of the registration statement, conditional approval for listing of the common shares of the Domesticated Company on Nasdaq or another national securities exchange, and other customary closing conditions set forth in the Business Combination Agreement.

The Company evaluated other subsequent events and transactions that occurred after the balance sheet date through August 7, 2026 that the financial statements were available to be issued, and did not identify any other subsequent events that would have required adjustment or disclosure in the financial statements.