−Removed: Market for Registrant’s Common
−Removed: Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.
−Removed: (a) Market Information
−Removed: Our Units, Public Shares and
−Removed: Public Warrants are each traded on the NASDAQ Stock Exchange under the symbols “HONDU,” “HOND” and “HONDW,”
−Removed: respectively.
−Removed: Our Units commenced public trading on August 16, 2024 and our Public Shares and Public Warrants commenced separate public
−Removed: trading on October 10, 2024.
−Removed: On March 31, 2025 there was
−Removed: one (1) holder of record of our Units, one (1) holder of record of our separately traded Class A Ordinary Shares, four (4) holders of
−Removed: record of our Class B Ordinary Shares and three (3) holders of record of our Public Warrants.
−Removed: (c) Dividends
−Removed: We have not paid any cash
−Removed: dividends on our Ordinary Shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination.
−Removed: The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general
−Removed: financial condition subsequent to completion of our initial business combination.
−Removed: The payment of any cash dividends subsequent to our
−Removed: initial Business combination will be within the discretion of our Board of Directors at such time.
−Removed: In addition, our Board of Directors
−Removed: is not currently contemplating and does not anticipate declaring any share dividends in the foreseeable future.
−Removed: Further, if we incur any
−Removed: indebtedness in connection with our initial business combination, our ability to declare dividends may be limited by restrictive covenants
−Removed: we may agree to in connection therewith.
−Removed: (d) Securities Authorized for Issuance
−Removed: Under Equity Compensation Plans
−Removed: (e) Performance Graph
−Removed: As a smaller reporting company,
−Removed: we are not required to provide the information required by Regulation S-K Item 201(e).
−Removed: (f) Recent Sales of Unregistered
−Removed: (g) Use of Proceeds from the Initial
−Removed: Public Offering
−Removed: For a description of the use
−Removed: of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly Report for the quarter
−Removed: ended September 30, 2024, as filed with the SEC on November 13, 2024.
−Removed: There has been no material change in the planned use of proceeds
−Removed: from our Initial Public Offering and Private Placement as described in the IPO Registration Statement.
−Removed: The specific investments in our
−Removed: Trust Account may change from time to time.
−Removed: (h) Purchases of Equity Securities
−Removed: by the Issuer and Affiliated Purchasers
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: Market Information
+Added: Our common stock is listed on the Nasdaq Capital Market (trading symbol:
+Added: As of December 31, 2025, there were 169 record holders of common stock.
+Added: No cash dividends were paid in 2025 or 2024 on our common stock, and our current policy is to retain any future earnings to support our operations and finance the growth and development of our business.
+Added: We do not intend to pay cash dividends on our common stock for the foreseeable future.
+Added: Purchase of Equity Securities by the Issuer and Affiliated Purchasers
+Added: Recent Sales of Unregistered Securities
+Added: On October 28, 2025, the Company issued 166,298 restricted stock units (“RSUs”) to Simon Irish, the Company’s Chief Executive Officer, as an initial equity grant pursuant to Mr.
+Added: Irish’s employment agreement with the Company.
+Added: Irish’s RSUs vest pro rata over a three year period following the grant date.
+Added: On December 18, 2025, the Company issued 43,335 RSUs to its directors pursuant to the Company’s director compensation policy for their service as directors.
+Added: All such RSUs vest in full on December 31, 2026, subject to the director’s continued service to the Company through such date.
+Added: The issuance of these RSUs was exempt from registration in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended, as a transaction by an issuer not involving a public offering.
+Added: Not applicable.
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.