Note 4 — Private Placement

Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased 5,837,500 Private Placement Warrants, at a price of $0.80 per Private Placement Warrant, generating gross proceeds of $4,670,000. Each whole warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment.

On June 12, 2026, simultaneously with the sale of the Over-Allotment Option Units, the Company consummated the private sale of an additional 412,500 Over-Allotment Private Placement Warrants to the Sponsor, generating gross proceeds of $330,000. The Over-Allotment Private Placement Warrants were issued pursuant to Section 4(a)(2) of the Securities Act, as the transaction did not involve a public offering. The Company has now sold a total of 6,250,000 Private Placement Warrants, generating total gross proceeds of $5,000,000. 

The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering except that, so long as they are held by the Sponsor or its permitted transferees, the Private Placement Warrants (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the initial Business Combination and (ii) will be entitled to registration rights.