SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2025
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 6 — SUBSEQUENT EVENTS Business Combination Activities As previously disclosed, the Company’s shareholders approved the proposed business combination with Btab Ecommerce Group, Inc. (“Btab”) at an extraordinary general meeting held on December 12, 2025. On March 12, 2026, the Company’s shareholders approved amendments to the Company’s Amended and Restated Memorandum and Articles of Association extending the date by which the Company must consummate an initial business combination from March 16, 2026 to September 16, 2026, or such earlier date as determined by the Company’s board of directors. Shareholders also approved an amendment permitting the Board of Directors to elect to wind up the Company’s operations on an earlier date. As a result of the approved extension, the Company has additional time to complete its proposed business combination with Btab. Resignation of Directors On August 10, 2026, three of our Directors, Donald Fell, Michael Peterson and Suren Ajjarapu, resigned from our board of directors and all related committees. Our board now has four members. Redemptions On January 3, 2026, the Company paid approximately $14.3 million from the Trust Account to holders of 1,109,590 Class A ordinary shares that had elected to redeem their shares in connection with the December 12, 2025 extraordinary general meeting. The redemption price was approximately $12.92 per share. Following such redemptions, approximately $980 thousand remained in the Trust Account and 75,891 public shares remained outstanding. In connection with the March 12, 2026 extraordinary general meeting, holders of 5,015 Class A ordinary shares elected to redeem their shares for a pro rata portion of the funds held in the Trust Account, and the Company paid an aggregate redemption payment of approximately $66,068 (approximately $13.17 per share) to such holders. Extension Meeting and Redemption Rights The Company has determined that the foregoing events represent non-recognized subsequent events and, accordingly, no adjustments have been made to the accompanying financial statements as of December 31, 2025.

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2025

NOTE 6 — SUBSEQUENT EVENTS

Business Combination Activities

As previously disclosed, the Company’s shareholders approved the proposed business combination with Btab Ecommerce Group, Inc. (“Btab”) at an extraordinary general meeting held on December 12, 2025.

On March 12, 2026, the Company’s shareholders approved amendments to the Company’s Amended and Restated Memorandum and Articles of Association extending the date by which the Company must consummate an initial business combination from March 16, 2026 to September 16, 2026, or such earlier date as determined by the Company’s board of directors. Shareholders also approved an amendment permitting the Board of Directors to elect to wind up the Company’s operations on an earlier date. As a result of the approved extension, the Company has additional time to complete its proposed business combination with Btab.

Resignation of Directors

On August 10, 2026, three of our Directors, Donald Fell, Michael Peterson and Suren Ajjarapu, resigned from our board of directors and all related committees. Our board now has four members.

Redemptions

On January 3, 2026, the Company paid approximately $14.3 million from the Trust Account to holders of 1,109,590 Class A ordinary shares that had elected to redeem their shares in connection with the December 12, 2025 extraordinary general meeting. The redemption price was approximately $12.92 per share. Following such redemptions, approximately $980 thousand remained in the Trust Account and 75,891 public shares remained outstanding.

In connection with the March 12, 2026 extraordinary general meeting, holders of 5,015 Class A ordinary shares elected to redeem their shares for a pro rata portion of the funds held in the Trust Account, and the Company paid an aggregate redemption payment of approximately $66,068 (approximately $13.17 per share) to such holders.

Extension Meeting and Redemption Rights

The Company has determined that the foregoing events represent non-recognized subsequent events and, accordingly, no adjustments have been made to the accompanying financial statements as of December 31, 2025.