We are a blank check company incorporated on April 10, 2026 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although we may pursue an acquisition opportunity in any business, sector or geographical location, we will focus our initial efforts on the acquisition, recapitalization and scaling of U.S. equities and options clearing infrastructure. Such a business will address what we believe is a compelling market need. It will also complement our management team’s background and capitalize on the ability of our management team to identify and acquire a business. We seek to invest in the financial plumbing of the U.S. capital markets — the picks-and-shovels layer on which trading, distribution, and asset management all depend — rather than in pursuing directional market exposure. Our investment thesis rests on four independently supportable pillars that together describe an acquisition opportunity that is time-sensitive, economically durable and strategically aligned with a multi-decade realignment of global capital flows. 1) Structural Demand. 2) Constrained Supply. 3) Asymmetric Economics. 4) Executable Entry.