The company successfully completed its IPO on February 12, 2026, raising $230 million in gross proceeds. As of March 31, 2026, the company held $231,052,687 in its Trust Account. Net income for the first quarter of 2026 was $853,252, primarily driven by interest earned on the Trust Account. Operating costs for the quarter were $199,435. The company is currently in the search phase for a target business combination in the EMEA and LatAm regions.