Quantitative and Qualitative Disclosures about Market Risk
−Removed: As of March 31, 2026, we were not subject to any
−Removed: market or interest rate risk.
−Removed: Following the consummation of our Initial Public Offering, the net proceeds received into the Trust Accounts,
−Removed: have been invested in U.S.
−Removed: government treasury bills, notes or bonds with a maturity of 185 days or less or in certain money market funds
−Removed: that invest solely in US treasuries.
−Removed: Due to the short-term nature of these investments, we believe there will be no associated material
−Removed: exposure to interest rate risk.
+Added: As of June 30, 2026, we were not subject to any market or interest rate risk.
+Added: Following the consummation of our Initial Public Offering, the net proceeds received into the Trust Accounts, have been invested in U.S.
+Added: government treasury bills, notes or bonds with a maturity of 185 days or less or in certain money market funds that invest solely in US treasuries.
+Added: Due to the short-term nature of these investments, we believe there will be no associated material exposure to interest rate risk.
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.