SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| SUBSEQUENT EVENTS | |
| SUBSEQUENT EVENTS | NOTE 9 — SUBSEQUENT EVENTS
The Company evaluated subsequent events through the date the financial statements were available to be issued. Other than the extension and related redemptions described below, no subsequent events were identified that required recognition or disclosure in the financial statements.
On July 17, 2026, HUDA held a special meeting of its stockholders, where the stockholders approved the proposal to amend HUDA’s Amended and Restated Certificate of Incorporation pursuant to an amendment to its Charter to extend the date by which HUDA must effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses from July 18, 2026, up to nine (9) times for an additional one (1) month each time to April 18, 2027, and does not require monthly deposits into the Trust Account.
In connection with the vote to approve the Extension Amendment, the holders of 8,568 shares of Public Shares properly exercised their right to redeem their shares for cash at a redemption price of approximately $11.01 per share, for an aggregate redemption amount of $95,095. Following such redemptions, 28,203 Public Shares remained outstanding as of July 17, 2026. |