Item 4 — Purpose of Transaction
The Reporting Persons acquired the securities reported herein to facilitate the organization and IPO of the Issuer and for investment purposes. The Issuer is a 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 (an "Initial Business Combination"). Mr. McCabe serves as the Chairman and Chief Executive Officer of the Issuer. In such capacities, and through the Sponsor, the Reporting Persons intend to review, evaluate and, where appropriate, participate in discussions or negotiations concerning potential Initial Business Combination candidates and related financing, governance and other matters. Any such transaction may involve one or more of the actions described in clauses (a) through (j) of Item 4 of Schedule 13D. Pursuant to a letter agreement dated June 25, 2026 (the "Letter Agreement"), the Sponsor and the Issuer's officers and directors agreed, among other things, to vote their Founder Shares, Private Shares and certain other shares in favor of a proposed Initial Business Combination, not to redeem such shares in connection with an Initial Business Combination, and to waive certain liquidation rights with respect to the Founder Shares and Private Shares. The Founder Shares and Private Units are also subject to transfer restrictions described in the Letter Agreement and the other agreements described in Item 6 below. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and may from time to time acquire additional securities of the Issuer, dispose of securities of the Issuer, enter into discussions with the Issuer, its management, board of directors, shareholders or other persons, or take other actions relating to their investment, in each case depending upon various factors, including the Issuer's business and prospects, the status of a potential Initial Business Combination, market conditions, other investment opportunities and applicable legal requirements.