Item 2. Properties
Item 2. Properties
We do not own any real estate or other physical properties materially
important to our operations. Our executive offices are located at 10900 NE 4th Street, Suite 2300, Bellevue, WA 98004 and Hoedong-gil,
37-36, 3F, Paju, Gyeonggi-do, 10881 Korea, and our telephone numbers are (425) 635-7700 and +82 31 948 9419,
respectively. Under an administrative services agreement we entered into with BCM effective on February 9, 2023, we have agreed to
pay BCM, an affiliate of our Sponsor, a total of $7,500 per month for office space, utilities and secretarial and administrative support.
Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. We consider our current
office space, combined with the other office space otherwise available to our executive officers, adequate for our current operations.
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