Note 4 — Private Placement

Simultaneously with the closing of the IPO on March 5, 2026, the Sponsor purchased an aggregate of 220,000 private placement units at a price of $10.00 per unit, for an aggregate purchase price of $2,200,000. On March 12, 2026, simultaneously with the closing of the underwriters’ over-allotment option, the Sponsor purchased an additional 7,500 private placement units at a price of $10.00 per unit, generating additional gross proceeds of $75,000. As a result, the Sponsor purchased an aggregate of 227,500 private placement units for aggregate gross proceeds of $2,275,000.

Each private placement unit consists of one ordinary share and one right. Each right entitles the holder to receive one-fourth (1/4) of one ordinary share upon the consummation of a Business Combination. The private placement units are identical to the public units sold in the IPO, except with respect to certain registration rights and transfer restrictions.

If the Company does not complete a Business Combination within the Combination Period, the private placement units and all underlying securities will expire worthless. The private placement units and all underlying securities will not be transferable, assignable or salable until the completion of a Business Combination, subject to certain exceptions.