Sponsor paid $25,000 to cover expenses in exchange for 5,750,000 Class B (Founder) Shares
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Sponsor paid $25,000 to cover expenses in exchange for 5,750,000 Class B (Founder) Shares
Purchase of 6,000,000 Private Placement Warrants at $1.00 each (Sponsor 4,000,000; Cantor 2,000,000)
Reimbursement of $12,500 per month for office space, utilities and administrative support under the Administrative Services Agreement; $150,000 in fees incurred for 2025
IPO Promissory Note: Sponsor loan of up to $340,000, non-interest bearing; $307,974 borrowed and repaid at IPO closing
Registration Rights Agreement covering Founder Shares, Private Placement Warrants and related securities, including Cantor demand and piggyback rights
Letter Agreement under which they waived liquidating distributions on Founder Shares and agreed to certain redemption and voting terms
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