123013203

Founder Shares In connection with the organization of the Issuer, the Sponsor paid $25,000 for 12,321,429 Class B ordinary shares, $0.0001 par value per share (the "Founder Shares"), after the surrender of 7,392,858 Founder Shares on April 17, 2026 for no consideration and after the surrender of 985,714 Founder Shares on May 21, 2026 for no consideration, or, approximately $0.006 per share in connection with the Issuer's initial public offering ("IPO") which closed on May 26, 2026. The Issuer's registration statement on Form S-1 (File No. 333-295232, the "Registration Statement") was declared effective on May 13, 2026, and its final prospectus, dated May 21, 2026, filed on May 26, 2026, pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, (the "Securities Act") (the "Final Prospectus"). See the Final Prospectus under the heading "CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS." On June 5, 2026, 514,286 Founder Shares were surrendered for no consideration because the underwriter did not exercise its over-allotment option. Public Units On May 26, 2026, the Issuer closed its initial public offering of 8,000,000 units, at a price of $10.00 per unit (the "Public Units"), for an aggregate purchase price of $80,000,000. Each Public Unit consists of one ordinary share and one redeemable warrant (each, a "warrant"). Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (as described more fully in the Registration Statement). Private Placement Units On May 26, 2026, simultaneously with the closing of the Issuer's IPO, the Sponsor acquired 222,000 private placement units and an institutional investor acquired 30,000 private placement units ("Private Placement Units" and, together with the Public Units, the "Units") at $10.00 per Private Placement Unit, for an aggregate purchase price of $2,220,000, pursuant to a Private Placement Units Purchase Agreement dated May 21, 2026 between the Sponsor and the Issuer and a Founder Shares and Private Placement Units Agreement dated May 21, 2026 between the institutional investor and the Issuer (collectively, the "Private Placement Units Purchase Agreements"). The Private Placement Units are the same as the Public Units, except as described in the Registration Statement. The summary of such Private Placement Units Purchase Agreements contained herein is qualified in its entirety by reference to the full text of such agreements, copies of which are filed as exhibits hereto. The Reporting Persons continuously assess the Issuer's business, financial condition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, and subject to any restrictions described herein, the Reporting Persons may acquire additional securities of the Issuer or new securities of the Issuer or may determine to purchase, sell or otherwise dispose of all or some of the Issuer's securities beneficially owned by the Reporting Persons in the open market, as applicable, in privately negotiated transactions, in transactions directly with the Issuer or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financial condition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons may deem material to their investment decision.

Founder Shares In connection with the organization of the Issuer, the Sponsor paid $25,000 for 12,321,429 Class B ordinary shares, $0.0001 par value per share (the "Founder Shares"), after the surrender of 7,392,858 Founder Shares on April 17, 2026 for no consideration and after the surrender of 985,714 Founder Shares on May 21, 2026 for no consideration, or, approximately $0.006 per share in connection with the Issuer's initial public offering ("IPO") which closed on May 26, 2026. The Issuer's registration statement on Form S-1 (File No. 333-295232, the "Registration Statement") was declared effective on May 13, 2026, and its final prospectus, dated May 21, 2026, filed on May 26, 2026, pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, (the "Securities Act") (the "Final Prospectus"). See the Final Prospectus under the heading "CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS." On June 5, 2026, 514,286 Founder Shares were surrendered for no consideration because the underwriter did not exercise its over-allotment option. Public Units On May 26, 2026, the Issuer closed its initial public offering of 8,000,000 units, at a price of $10.00 per unit (the "Public Units"), for an aggregate purchase price of $80,000,000. Each Public Unit consists of one ordinary share and one redeemable warrant (each, a "warrant"). Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (as described more fully in the Registration Statement). Private Placement Units On May 26, 2026, simultaneously with the closing of the Issuer's IPO, the Sponsor acquired 222,000 private placement units and an institutional investor acquired 30,000 private placement units ("Private Placement Units" and, together with the Public Units, the "Units") at $10.00 per Private Placement Unit, for an aggregate purchase price of $2,220,000, pursuant to a Private Placement Units Purchase Agreement dated May 21, 2026 between the Sponsor and the Issuer and a Founder Shares and Private Placement Units Agreement dated May 21, 2026 between the institutional investor and the Issuer (collectively, the "Private Placement Units Purchase Agreements"). The Private Placement Units are the same as the Public Units, except as described in the Registration Statement. The summary of such Private Placement Units Purchase Agreements contained herein is qualified in its entirety by reference to the full text of such agreements, copies of which are filed as exhibits hereto. The Reporting Persons continuously assess the Issuer's business, financial condition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, and subject to any restrictions described herein, the Reporting Persons may acquire additional securities of the Issuer or new securities of the Issuer or may determine to purchase, sell or otherwise dispose of all or some of the Issuer's securities beneficially owned by the Reporting Persons in the open market, as applicable, in privately negotiated transactions, in transactions directly with the Issuer or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financial condition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons may deem material to their investment decision.

Founder Shares In connection with the organization of the Issuer, the Sponsor paid $25,000 for 12,321,429 Class B ordinary shares, $0.0001 par value per share (the "Founder Shares"), after the surrender of 7,392,858 Founder Shares on April 17, 2026 for no consideration and after the surrender of 985,714 Founder Shares on May 21, 2026 for no consideration, or, approximately $0.006 per share in connection with the Issuer's initial public offering ("IPO") which closed on May 26, 2026. The Issuer's registration statement on Form S-1 (File No. 333-295232, the "Registration Statement") was declared effective on May 13, 2026, and its final prospectus, dated May 21, 2026, filed on May 26, 2026, pursuant to Rule 424(b)(4) of the Securities Act of 1933, as amended, (the "Securities Act") (the "Final Prospectus"). See the Final Prospectus under the heading "CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS." On June 5, 2026, 514,286 Founder Shares were surrendered for no consideration because the underwriter did not exercise its over-allotment option. Public Units On May 26, 2026, the Issuer closed its initial public offering of 8,000,000 units, at a price of $10.00 per unit (the "Public Units"), for an aggregate purchase price of $80,000,000. Each Public Unit consists of one ordinary share and one redeemable warrant (each, a "warrant"). Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (as described more fully in the Registration Statement). Private Placement Units On May 26, 2026, simultaneously with the closing of the Issuer's IPO, the Sponsor acquired 222,000 private placement units and an institutional investor acquired 30,000 private placement units ("Private Placement Units" and, together with the Public Units, the "Units") at $10.00 per Private Placement Unit, for an aggregate purchase price of $2,220,000, pursuant to a Private Placement Units Purchase Agreement dated May 21, 2026 between the Sponsor and the Issuer and a Founder Shares and Private Placement Units Agreement dated May 21, 2026 between the institutional investor and the Issuer (collectively, the "Private Placement Units Purchase Agreements"). The Private Placement Units are the same as the Public Units, except as described in the Registration Statement. The summary of such Private Placement Units Purchase Agreements contained herein is qualified in its entirety by reference to the full text of such agreements, copies of which are filed as exhibits hereto. The Reporting Persons continuously assess the Issuer's business, financial condition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, and subject to any restrictions described herein, the Reporting Persons may acquire additional securities of the Issuer or new securities of the Issuer or may determine to purchase, sell or otherwise dispose of all or some of the Issuer's securities beneficially owned by the Reporting Persons in the open market, as applicable, in privately negotiated transactions, in transactions directly with the Issuer or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financial condition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons may deem material to their investment decision.