Item 4 — Purpose of Transaction
In connection with the organization of the Issuer, on January 7, 2026, the Sponsor paid $25,000 to cover certain of the Issuer's offering costs in exchange for 8,625,000 Class B Ordinary Shares (the "Founder Shares"), pursuant to the Securities Subscription Agreement dated as of January 7, 2026 between the Sponsor and the Issuer (the "Founder Share Purchase Agreement") as more fully described in Item 6 of this Section 13D, which information is incorporated by reference. On June 26, 2026, the Sponsor surrendered, for no consideration, 2,875,000 Founder Shares, which were canceled, resulting in the Sponsor holding 5,750,000 Founder Shares, at approximately $0.004 per share. Of the 5,750,000 Class B Ordinary Shares held, up to 462,500 shares remain subject to forfeiture in the event that the underwriter in the Issuer's initial public offering does not fully exercise its over-allotment option. On July 27, 2026, simultaneously with the consummation of the Issuer's Initial Public Offering (the "IPO"), the Sponsor purchased 270,000 units ("Placement Units") of the Issuer at $10.00 per Placement Unit, pursuant to a Private Placement Units Purchase Agreement, dated as of July 27, 2026, by and between the Issuer and the Sponsor (the "Placement Units Purchase Agreement"), as more fully described in Item 6 of this Schedule 13D, which information is incorporated herein by reference. Each Placement Unit consists of one Class A Ordinary Share and one right to receive one seventh (1/7) of a Class A Ordinary Share upon the consummation of an initial business combination (as described more fully in the Issuer's Final Prospectus dated July 27, 2026). The Ordinary Shares owned by the Reporting Person have been acquired for investment purposes. The Reporting Person may make further acquisitions of the Ordinary Shares from time to time and, subject to certain restrictions, may dispose of any or all of the Ordinary Shares held by the Reporting Person at any time depending on an ongoing evaluation of the investment in such securities, prevailing market conditions, other investment opportunities and other factors. However, certain of such shares are subject to certain lock-up restrictions as further described in Item 6 below. Except for the foregoing, the Reporting Person has no plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) and (c) through (j) of Item 4 of Schedule 13D. With respect to paragraph (b) of Item 4, the Issuer is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Under various agreements between the Issuer and the Reporting Person as further described in Item 6 below, the Reporting Person has agreed (A) to vote its shares in favor of any proposed business combination and (B) not to redeem any shares in connection with a shareholder vote (or tender offer) to approve (or in connection with) a proposed initial business combination. The Reporting Person may, at any time and from time to time, review or reconsider their position, change its purpose or formulate plans or proposals with respect to the Issuer.