5 unchanged sentences
Use of Proceeds
−Removed: July 2, 2025, we consummated the IPO of 10,000,000 Units, at a purchase price of $10.00 per Public Share, generating proceeds of $100,000,000.
−Removed: Subsequently, the underwriters exercised the over-allotment option in full, and the closing of the issuance and sale of the Over-Allotment
−Removed: Option Units closed on July 10, 2025, generating gross proceeds of $15,000,000.
−Removed: The securities in the offering were registered under the
−Removed: Securities Act on a registration statement on Form S-1 (File No.
−Removed: 333-286985) (as amended, the “Registration Statement”).
−Removed: Registration Statement was declared effective on June 30, 2025.
−Removed: Following the closing of the
−Removed: IPO and over-allotment option, an amount of $115,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units (including the
−Removed: Over-Allotment Option Units) in the IPO and the Private Placement was placed in the Trust Account.
−Removed: The funds in the Trust Account will
−Removed: be invested or held only in either (i) U.S.
−Removed: government treasury bills with a maturity of 185 days or less, or in money market funds meeting
−Removed: certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, which invest only in direct U.S.
+Added: the closing of the IPO and over-allotment option, an amount of $115,000,000 ($10.00 per Unit) from the net proceeds of the sale of the
+Added: Units (including the Over-Allotment Option Units) in the IPO and the Private Placement was placed in the Trust Account.
+Added: The funds in the
+Added: Trust Account will be invested or held only in either (i) U.S.
+Added: government treasury bills with a maturity of 185 days or less, or in money
+Added: market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S.
treasury obligations, (ii) as uninvested cash, or (iii) an interest bearing bank demand deposit account or other accounts at
13 unchanged sentences
(or such later date if extended), subject to applicable law and the provisions of the Amended Charter.
−Removed: Transaction costs relating
−Removed: to the IPO amounted to $5,458,023, consisting of $537,500 of cash underwriting fees, $4,600,000 of fair value of shares issued to the
−Removed: designee of the representative of the several underwriters, and $320,523 of other offering costs.
+Added: The remaining proceeds from
+Added: the IPO and the Private Placement are held outside the Trust Account.
+Added: Such funds are being used primarily to enable us to identify a target
+Added: and to negotiate and consummate our initial business combination.
has been no material change in the planned use of the proceeds from the IPO and the Private Placement as is described in the Prospectus.
3 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.