NOTE 4. PRIVATE PLACEMENT

Simultaneously with the closing of the IPO, the Former Sponsor purchased an aggregate of 16,087,500 Private Placement Warrants at a price of $1.00 per warrant. As a result of the August 28, 2025 Sponsor Purchase Agreement, 11,261,250 of these Private Placement Warrants were transferred to Samara and 4,826,250 are retained by the Former Sponsor. Each Private Placement Warrant is identical to the Public Warrants, except there will be no redemption rights or liquidating distributions from the Trust Account with respect to the Private Placement Warrants, which will expire worthless if the Company does not consummate a Business Combination within the Combination Period.