Talon Capital Corp. is a blank check company (SPAC) incorporated on May 1, 2025, aiming to complete a business combination in the energy and power industries. The company consummated its Initial Public Offering (IPO) on September 10, 2025, raising $249 million by selling 24.9 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. Simultaneously, 779,000 private placement units were sold to the Sponsor and Cohen for $7.79 million. As of December 31, 2025, $252.10 million was held in the trust account, including $3.17 million in interest income. The company reported a net income of $2.63 million for the period from May 1, 2025, to December 31, 2025, primarily from interest earned on the trust account. General and administrative expenses for the period totaled $547,385. The company must complete its initial business combination within 24 months from the IPO closing, by September 10, 2027. The target business must have a fair market value of at least 80% of the assets in the trust account (excluding deferred underwriting commissions and taxes).