Prior Sponsor received 7,666,667 Class B Founder Shares in exchange for a payment of $25,000.
| Name / Title | Age | Compensation | Sex | Social Media |
|---|---|---|---|---|
|
Mr. Mark Angelo
Chairman of the Board |
53 | - | Male | |
|
Mr. Troy Rillo
Chief Financial Officer |
57 | - | Male | |
|
Mr. Kevin McGurn
Chief Executive Officer |
53 | - | Male |
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.
Prior Sponsor received 7,666,667 Class B Founder Shares in exchange for a payment of $25,000.
New Sponsor purchased 7,500,000 Class B shares and 4,700,000 Private Placement Warrants from the Prior Sponsor under the Purchase Agreement.
Private sale of Private Placement Warrants to the Prior Sponsor, Cohen & Company and Clear Street simultaneously with the IPO closing; Prior Sponsor purchased 4,700,000 of them.
New Insider Letter under which the New Sponsor and current directors and officers agreed to waive redemption and liquidation rights, vote in favor of a Business Combination, and not transfer certain securities.
Administrative services agreement for office space, utilities and administrative support at $10,000 per month; $50,000 paid through September 18, 2025, and terminated on that date.
Unsecured non-interest bearing promissory note from the Prior Sponsor allowing borrowings up to $300,000; repaid in full in connection with the IPO.
Working Capital Loans that may be made to finance transaction costs; no amount was outstanding as of December 31, 2025.
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