What changed in this filing

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Item 1B. Unresolved Staff Comments

2026-03-31 compared with 2025-02-21 · 58 added, 8 removed, 2 unchanged (97% of the section changed)

UNRESOLVED STAFF COMMENTS

Not applicable.

CYBERSECURITY

We are a SPAC with no business

Since our IPO, our sole business activity has been identifying and evaluating suitable acquisition transaction candidates.

Therefore, we do not consider that we face significant cybersecurity risk and have not adopted any cybersecurity risk management program

or formal processes for assessing cybersecurity risk.

Our Board is generally responsible for the oversight of risks from cybersecurity

threats, if there is any .

We have not encountered any cybersecurity incidents since our IPO.

Administration

The Board of Directors of

our company is responsible for overseeing cybersecurity-related risks.

The Board shall:

(i) monitor the disclosure of cybersecurity matters

in current or periodic reports;

(ii) review quarterly updates on significant cybersecurity incidents or major threat risks submitted by

management, along with any resulting disclosure issues;

and (iii) examine cybersecurity disclosures in the annual report (Form 10-K) filed

by management.

At the managerial level,

our cybersecurity team is responsible for monitoring and mitigating cybersecurity risks, including those associated with third-party service

The team investigates and responds to any suspicious activities within our data environment.

Upon identifying significant cybersecurity

threats or incidents, our cybersecurity team reports them to the head of the Information Technology and Cybersecurity Department, who

assumes responsibility for managing risks related to such major cybersecurity incidents and oversees preventive, mitigation, and remediation

The head of our IT and Cybersecurity functions must report the status of significant cybersecurity threats, major cybersecurity

incidents, or other relevant risks to the Board of Directors and, when necessary, discuss disclosure matters with the Board regarding

critical cybersecurity threats or incidents.

The head of IT and Cybersecurity functions possesses extensive experience in cybersecurity,

with specialized expertise in cybersecurity risk management and compliance.

In the event of a cybersecurity

incident, our cybersecurity team will immediately assemble personnel to conduct an internal assessment.

If further analysis determines

that the incident may constitute a major cybersecurity breach, our cybersecurity team will promptly report the incident and evaluation

results to the heads of our IT and cybersecurity departments, and engage external legal counsel for consultation when appropriate.

to public disclosure, our management team must prepare disclosure materials regarding the cybersecurity incident for review and approval

by the board of directors.

Risk Management and Strategies

We have implemented comprehensive

procedures to ensure effectiveness in cybersecurity management, policies, governance, and reporting of cybersecurity risks.

Additionally,

we have integrated cybersecurity risk management into our overall enterprise risk management system.

We have established a comprehensive

cybersecurity threat defense system to address both internal and external threats.

This system covers multiple layers including network

security, host security, and application security, integrating systematic capabilities such as threat defense, monitoring, analysis, response,

deception, and countermeasures.

We are committed to managing cybersecurity risks and protecting sensitive information through various

approaches, including technical safeguards, procedural requirements, a robust program for monitoring our enterprise networks and applications,

continuous testing of internal and external security vendors across all aspects of security posture, a well-established incident response

program, and regular employee training.

Our cybersecurity team conducts regular monitoring of application operations, platform status,

and infrastructure health to enable rapid response to potential issues, including emerging cybersecurity threats.

As of the reporting date

of this annual report, we have not experienced any major cybersecurity incidents, nor have we identified any significant cybersecurity

threats that have affected or could reasonably affect the Company, its business strategies, operational results, or financial condition.

Our cybersecurity risk assessment

and management processes are implemented and maintained by a third-party service provider reporting to the Company’s management.

is also responsible for integrating cybersecurity considerations into our overall risk management strategy, communicating key priorities

to employees, approving budgets, helping to prepare for cybersecurity incidents, approving cybersecurity processes, reviewing security

assessments and making required disclosures.

Management participates in cybersecurity incident response efforts by being a member of the

incident response team and helping direct our response to cybersecurity incidents.

Our board of directors addresses

our cybersecurity risk management as part of its general oversight function.

The Audit Committee of the board of directors is responsible

for overseeing our cybersecurity risk management processes, including oversight and mitigation of risks from cybersecurity threats.

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.

What changed 10-K

Item 1B. Unresolved Staff Comments