Note 9 — Subsequent Events

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

On October 20, 2026, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with APEX Tech Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of the Company, the Sponsor, in its capacity as Purchaser Representative, Korai Flix, Inc., a Delaware corporation (“Korai”), and Hongdae Lee, in his capacity as Company Representative. Pursuant to the Merger Agreement, the Company will re-domicile as a Delaware corporation, and Merger Sub will merge with and into Korai, with Korai surviving as a wholly-owned subsidiary of the Company, in exchange for aggregate merger consideration of $3,500,000,000 payable in newly issued shares of the Company valued at $10.00 per share. The closing is subject to shareholder approval and other customary conditions. In connection with the Merger Agreement, the Company also entered into a Sponsor Support Agreement and a Voting Agreement.