Former sponsor received 5,750,000 founder shares in exchange for cash paid on behalf of the Company
Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.
The proxy filed Apr 6, 2026 does not list the board, and no earlier proxy on record does.
Open the proxyFormer sponsor received 5,750,000 founder shares in exchange for cash paid on behalf of the Company
Former sponsor transferred 30,000 Class B ordinary shares to each of the three initial independent directors
Current sponsors purchased 3,542,305 founder shares from the former sponsor, certain investors and three previous independent directors under the Securities Transfer Agreement
Private sale of 11,259,500 Private Placement Warrants to the former sponsor
Current sponsors purchased 3,940,825 Private Placement Warrants and 3,542,305 founder shares from the former sponsor
Administrative services agreement for office space, utilities and secretarial and administrative support
Unsecured working capital promissory note issued to former sponsor, may borrow up to the stated principal amount
Unsecured working capital promissory notes issued to each of the current sponsors
Business Combination Agreement with SC Assets, of which Young Cho is a founder and owner
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