Risk Factors Update Summary

• The deferred underwriting commissions will not be adjusted for redeemed shares in connection with the Business Combination.
• Shareholders may receive only approximately $10.00 per share on liquidation, down from $10.00.
• Added uncertainty regarding integrating, retaining, and incentivizing key personnel post-Business Combination.
• The per-share distribution to shareholders exercising redemption rights will not be reduced by underwriting commissions.
• Number of authorized Class A ordinary shares increased from 16,262,500 to 16,475,000.
• Interest on deposit account decreased from 2.5% to 0% per annum.
• The number of outstanding ordinary shares increased from 53% to 56%.
• Officers and directors may serve in other companies, potentially impacting completion of Business Combination.
• The company had approximately $12,276,468 in negative working capital as of 2023.
• Number of Class A ordinary shares held by sponsor increased from 3,647 to 3,647.
• Potential loss of control post-Business Combination could result in shareholders owning a minority interest.
• The company may issue up to 150,000 additional private placement shares to the sponsor.
• Potential civil fine for non-compliance with CFIUS filing requirements could be significant.
• The company may convert up to $1,500,000 of loans into shares for working capital.
• Failure to comply with laws or regulations may adversely affect ability to negotiate and complete Business Combination.
• The company may not hold an annual meeting of shareholders until after the Business Combination.
• Nasdaq may delist securities if unable to meet listing requirements, impacting liquidity and compliance.