−Removed: Unregistered Sales of Equity Securities
−Removed: and Use of Proceeds.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds.
Unregistered Sales of Equity Securities
−Removed: Simultaneously with the closing of the Initial
−Removed: Public Offering, we consummated the sale of 540,000 Class A ordinary shares to the Sponsor at a price of $10.00 per share in the Private
−Removed: Placement, generating gross proceeds of $5,400,000.
+Added: Simultaneously with the closing of the Initial Public Offering, we consummated the sale of 540,000 Class A ordinary shares to the Sponsor at a price of $10.00 per share in the Private Placement, generating gross proceeds of $5,400,000.
No underwriting discounts or commissions were paid with respect to such sale.
−Removed: issuance was pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
+Added: This issuance was pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
Use of Proceeds
−Removed: On November 5, 2025, we consummated the Initial
−Removed: Public Offering of 25,000,000 Class A ordinary shares, including 3,000,000 Class A ordinary shares issued pursuant to the partial exercise
−Removed: of the underwriters’ over-allotment option, at a purchase price of $10.00 per share, generating proceeds of $250,000,000.
−Removed: A total of $250,000,000 of the proceeds from the
−Removed: Initial Public Offering and the Private Placement was placed in the Trust Account located in the United States with Continental acting
−Removed: The funds in the Trust Account were initially held in an account at J.P.
−Removed: Morgan Chase Bank, N.A., and on November 6, 2025,
−Removed: were transferred to an account at CF Secured, an affiliate of the Sponsor.
−Removed: The Trust Account may be invested only in U.S.
−Removed: government securities,
−Removed: within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less or in any open-ended
−Removed: investment company that holds itself out as a money market fund selected by us meeting the conditions of paragraphs (d)(2), (d)(3) and
−Removed: (d)(4) of Rule 2a-7 of the Investment Company Act, or held as cash or cash items (including in demand deposit accounts) at a bank as determined
−Removed: There has been no material change in the planned
−Removed: use of the proceeds from the Initial Public Offering and the Private Placement as is described in the Final Prospectus.
−Removed: Purchases of Equity Securities by the Issuer
−Removed: and Affiliated Purchasers
−Removed: Simultaneously with the closing of the Initial
−Removed: Public Offering, we consummated the sale of 540,000 Class A ordinary shares to the Sponsor at a price of $10.00 per share in the Private
−Removed: Placement, generating gross proceeds of $5,400,000.
−Removed: No underwriting discounts or commissions were paid with respect to such sale.
−Removed: issuance was pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
+Added: For a description of the use of proceeds generated in the Initial Public Offering and the Private Placement, see Part II, Item 5 of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on March 31, 2026.
+Added: There has been no material change in the planned use of proceeds from the Initial Public Offering and the Private Placement as described in the Final Prospectus or our Annual Report on Form 10-K for the year ended December 31, 2025 as filed with the SEC on March 31, 2026.
+Added: The specific investments in the Trust Account may change from time to time.
+Added: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Defaults Upon Senior Securities.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.