SUBSEQUENT EVENTS	6 Months Ended
Jun. 30, 2026
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the accompanying unaudited condensed consolidated financial statements were issued. Based upon this review, other than below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the accompanying unaudited condensed consolidated financial statements. On July 1, 2026, July 14, 2026, and August 31, 2026 the Company made three deposits of $28,042 each into the Company’s trust account in connection with June, July and August, 2026 extension contributions to extend the life until July 12, 2026, August 12, 2026, and September 12, 2026, respectively. On July 20, 2026, the Company and AERKOMM entered into a new SAFE Agreement (the “SAFE Note Agreement No. 6”), and on August 6, 2026, the Company and AERKOMM entered into another SAFE Agreement (the “SAFE Note Agreement No. 7”). As a result, SAFE Agreements for an aggregate of $13,000,000 have been entered into to date. The SAFE Agreements will automatically convert upon the Closing of the Merger at $11.50 per share of the Company Common Stock. If the SAFE Agreements automatically convert upon the Closing of the Merger, in addition to 1,130,435 of the Company’s Common Stock, the SAFE Agreements are also convertible into an additional 94% of the number of shares of Parent Common Stock, or 1,062,609 shares to be held in escrow subject to the same Milestone Events outlined in the Merger Agreement under the Incentive Merger Consideration (the “Incentive Shares”) section. As of September 8, 2026, the Company’s current deadline to consummate an initial business combination is September 12, 2026. The Company intends to seek an additional extension of the period to consummate its initial business combination.

SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2026

NOTE 11. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the accompanying unaudited condensed consolidated financial statements were issued. Based upon this review, other than below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the accompanying unaudited condensed consolidated financial statements.

On July 1, 2026, July 14, 2026, and August 31, 2026 the Company made three deposits of $28,042 each into the Company’s trust account in connection with June, July and August, 2026 extension contributions to extend the life until July 12, 2026, August 12, 2026, and September 12, 2026, respectively.

On July 20, 2026, the Company and AERKOMM entered into a new SAFE Agreement (the “SAFE Note Agreement No. 6”), and on August 6, 2026, the Company and AERKOMM entered into another SAFE Agreement (the “SAFE Note Agreement No. 7”). As a result, SAFE Agreements for an aggregate of $13,000,000 have been entered into to date. The SAFE Agreements will automatically convert upon the Closing of the Merger at $11.50 per share of the Company Common Stock. If the SAFE Agreements automatically convert upon the Closing of the Merger, in addition to 1,130,435 of the Company’s Common Stock, the SAFE Agreements are also convertible into an additional 94% of the number of shares of Parent Common Stock, or 1,062,609 shares to be held in escrow subject to the same Milestone Events outlined in the Merger Agreement under the Incentive Merger Consideration (the “Incentive Shares”) section.

As of September 8, 2026, the Company’s current deadline to consummate an initial business combination is September 12, 2026. The Company intends to seek an additional extension of the period to consummate its initial business combination.