NOTE 9 – SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date, the Company has evaluated all events or transactions that occurred after the balance sheet date through the date the unaudited financial statements were issued.

Subsequent to June 30, 2026, the Company entered into monthly extension loans with its Sponsor for $34,331 each, totaling $68,662. These funds were deposited into the Trust Account in order to extend the time available to complete a business combination through August 6, 2026, and subsequently through September 6, 2026. These loans are non-interest bearing, payable upon the closing of a business combination, and convertible at the lender’s discretion, upon consummation of the business combination, into additional private units at a price of $10.00 per unit.

On July 7, 2026, the Company delivered to United Hydrogen a notice of termination of the Business Combination Agreement, effective the same day. As a result, the Business Combination Agreement terminated in accordance with its terms, and the proposed business combination contemplated by the Business Combination Agreement will not be consummated.