Risk Factors Update Summary

• The company may need to restructure the transaction if shareholder approval is not met.
• All Class B shares were converted to Class A shares on a one-for-one basis.
• Fulton AC, CBG, CB - Co Investment, and directors agreed to vote in favor of the initial business combination.
• The company may face regulatory restrictions and compliance burdens if deemed an investment company.
• Shareholders may receive approximately $92 per public share, up from $20.
• The company may need to arrange additional third-party financing or reserve a greater portion of cash.
• The company may liquidate if an initial business combination is not completed within the required timeframe.
• Potential conflicts of interest exist with entities affiliated with initial shareholders, impacting control.
• The company may face delisting from Nasdaq if it fails to meet market capitalization and shareholder requirements.
• The company may issue additional shares, potentially diluting equity interest, with no preference shares outstanding.
• Founders may lose their entire investment if the business combination is not completed.
• The company may issue substantial debt post-IPO, impacting operations and profitability.
• Founders may influence partner business selection, affecting shareholder interests.
• Founders may increase control through additional share purchases, impacting decision-making.