NOTE 3. INITIAL PUBLIC OFFERING

The registration statement for the Company’s Initial Public Offering was declared effective on June 2, 2026 (the “IPO Registration Statement”). On June 4, 2026, the Company consummated the Initial Public Offering of 12,500,000 Units, generating gross proceeds of $125,000,000. Each Unit consists of one Ordinary Share and one Public Right to receive one tenth (1/10) of an Ordinary Share upon the consummation of an initial Business Combination. The Company will not issue fractional shares in connection with a conversion of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions of Cayman Islands law. On June 10, 2026, the Underwriters partially exercised their Over-Allotment Option to purchase an additional 1,837,500 Units at a price of $10.00 per Unit, generating additional gross proceeds of $18,375,000, and also waived their rights to the remainder of the Over-Allotment Option.