On June 12, 2026, the company converted 4,657,499 Class B ordinary shares into Class A ordinary shares. The conversion was executed by the sponsor, TDAC Partners LLC. Following the conversion, the company has 21,907,499 Class A ordinary shares and one Class B ordinary share outstanding. The conversion did not result in any cash proceeds or changes to the trust account balance. The per-share redemption value of public Class A shares remains approximately $10.69.