Item 4 — Purpose of Transaction
In connection with the organization of the Issuer, on May 29, 2026, pursuant to a Securities Subscription Agreement, the Issuer issued an aggregate of 4,933,500 ordinary shares as Founder Shares to the Sponsor for an aggregate purchase price of $25,000. The Founder Shares include 643,500 ordinary shares that are subject to forfeiture depending on the extent to which the underwriters' over-allotment option is not exercised. On August 10, 2026, the Issuer consummated its initial public offering of 10,000,000 units. As of the date of this Schedule 13D, the underwriters have not exercised the over-allotment option and the period during which they may exercise such option has not expired; accordingly, the 643,500 Founder Shares remain outstanding and subject to forfeiture in whole or in part depending on any subsequent exercise of the over-allotment option. Simultaneously with the consummation of the Issuer's initial public offering, the Sponsor purchased 211,250 private placement units (the "Private Units") of the Issuer at $10.00 per Private Unit. Each Private Unit consists of one ordinary share (collectively, the "Private Shares"), one right to receive one-fourth (1/4) of one ordinary share upon the consummation of the Issuer's initial business combination, and one redeemable warrant. 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, subject to applicable lock-up restrictions. 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 newly organized blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Under various agreements between the Issuer and the Reporting Person, the Reporting Person has agreed, among other things, to vote shares held by it in favor of a proposed initial business combination, subject to applicable law and the terms of the applicable agreements; to waive certain redemption rights with respect to its Founder Shares and certain other shares; and to waive rights to liquidating distributions from the trust account with respect to its Founder Shares if the Issuer fails to complete an initial business combination within the period specified in its amended and restated memorandum and articles of association. The Reporting Person may, at any time and from time to time, review or reconsider its position, change its purpose or formulate plans or proposals with respect to the Issuer.