<SEC-DOCUMENT>0001829126-24-000539.txt : 20240129
<SEC-HEADER>0001829126-24-000539.hdr.sgml : 20240129
<ACCEPTANCE-DATETIME>20240129163306
ACCESSION NUMBER:		0001829126-24-000539
CONFORMED SUBMISSION TYPE:	S-1/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240129
DATE AS OF CHANGE:		20240129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Legato Merger Corp. III
		CENTRAL INDEX KEY:			0002002038
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-1/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-275930
		FILM NUMBER:		24574155

	BUSINESS ADDRESS:	
		STREET 1:		777 THIRD AVENUE, 37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		(212) 319-7676

	MAIL ADDRESS:	
		STREET 1:		777 THIRD AVENUE, 37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-1/A
<SEQUENCE>1
<FILENAME>legatomerger3_s1a4.htm
<DESCRIPTION>S-1/A
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> <B>As filed with the Securities and Exchange Commission
on January 29, 2024</B> </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><B>Registration No. 333-275930</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> <FONT STYLE="font-size: 14pt"><B>AMENDMENT NO.
4</B></FONT> </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>TO</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>FORM S-1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNDER<BR>THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>Legato Merger Corp.
III</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center; width: 32%"><B>Cayman
    Islands</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 32%; text-align: center"><B>6770</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 32%; text-align: center"><B>98-1761148</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: top">(State or other jurisdiction of<BR>incorporation
    or organization)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">(Primary Standard Industrial<BR>Classification
    Code Number)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: center; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">(I.R.S. Employer <BR>Identification
    Number)</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Legato Merger Corp. III</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>777 Third Avenue, 37<SUP>th</SUP> Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>New York, NY 10017</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Tel: (212) 319-7676</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address, including zip code, and telephone number,
including area code, of registrant&rsquo;s principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Gregory Monahan, Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Legato Merger Corp. III</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>777 Third Avenue, 37<SUP>th</SUP> Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>New York, NY 10017</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Tel: (212) 319-7676</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Name, address, including zip code, and telephone
number, including area code, of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Copies to:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; width: 49%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>David
                                            A. Miller</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Jeffrey M. Gallant</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Graubard Miller</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>The Chrysler Building</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>405 Lexington Avenue,
        44<SUP>th</SUP> Floor</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>New York, NY 10174</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Tel: (212) 818-8800</B></P> </TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom; width: 49%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Mitchell
                                            S. Nussbaum</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Giovanni Caruso</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Loeb &amp; Loeb LLP</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>345 Park Avenue</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>New York, New York
        10154</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Tel: (212) 407-4000</B></P> </TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Approximate date of commencement of proposed sale
to the public: As soon as practicable after the effective date of this registration statement.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">If
any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule&nbsp;415 under
the Securities Act of 1933 check the following box.&nbsp;&#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">If
this Form is filed to register additional securities for an offering pursuant to Rule&nbsp;462(b) under the Securities Act, please check
the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same
offering.&nbsp;&#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">If
this Form is a post-effective amendment filed pursuant to Rule&nbsp;462(c) under the Securities Act, check the following box and list
the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;&#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">If
this Form is a post-effective amendment filed pursuant to Rule&nbsp;462(d) under the Securities Act, check the following box and list
the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;&#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company,
or an emerging growth company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller
reporting company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule&nbsp;12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 22%; text-align: justify; vertical-align: bottom">Large
    accelerated filer</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 26%; text-align: justify; vertical-align: bottom">&#9744;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 25%; text-align: justify; vertical-align: bottom">Accelerated
    filer</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 25%; text-align: justify; vertical-align: bottom">&#9744;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">Non-accelerated filer</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">&#9746;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">Smaller reporting company</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">&#9746;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">Emerging growth company</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: bottom">&#9746;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section&nbsp;7(a)(2)(B) of the Securities Act. &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify"><B>The
Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the
Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective
in accordance with Section&nbsp;8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective
on such date as the Securities and Exchange Commission, acting pursuant to said Section&nbsp;8(a), may determine.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><p style="margin: 0pt">&#160;</p></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Red">The information in this
prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities
and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not an offer to buy these securities
in any jurisdiction where the offer or sale is not permitted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 0pt; width: 49%; font-size: 12pt; text-align: justify; text-indent: 0pt"> <FONT STYLE="font-size: 10pt; color: red"><B>Preliminary
    Prospectus</B></FONT> </TD>
    <TD STYLE="padding: 0pt; white-space: nowrap; width: 2%; font-size: 12pt; text-align: center; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; width: 49%; font-size: 12pt; text-align: right; text-indent: 0pt"> <FONT STYLE="font-size: 10pt; color: red"><B><I>Subject
    to Completion, dated January 29, 2024</I></B></FONT> </TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>$175,000,000</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Legato
Merger Corp. III</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>17,500,000
Units</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Legato Merger Corp. III is a Cayman Islands exempted
company incorporated for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization,
reorganization or other similar business combination with one or more businesses or entities, which we refer to as a &ldquo;target business.&rdquo;
Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region although we intend
to initially focus on target businesses in the infrastructure, engineering and construction, industrial and renewables industries. We
do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly,
contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction
with us. If we are unable to consummate an initial business combination within 24 months from the closing of this offering (or 27 months
from the closing of this offering if we have executed a letter of intent, agreement in principle or definitive agreement for an initial
business combination within 24 months from the closing of this offering), we will redeem 100% of the public shares for a pro rata portion
of the trust account, equal to the aggregate amount then on deposit in the trust account including interest earned on the funds held
in the trust account and not previously released to us (less up to $100,000 for our liquidation expenses), divided by the number of then
outstanding public shares, subject to applicable law and as further described herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This is an initial public offering of our securities.
Each unit that we are offering has a price of $10.00 and consists of one ordinary share and one-half of one warrant. Each whole warrant
entitles the holder to purchase one ordinary share at a price of $11.50 per share. Each warrant will become exercisable 30 days after
the completion of an initial business combination and will expire on the fifth anniversary of our completion of an initial business combination,
or earlier upon redemption; provided that the warrants will expire earlier if we have not completed an initial business combination within
the required time period and liquidate the trust account in connection therewith. We have granted the underwriters a 45-day option to
purchase up to an additional 2,625,000 units to cover over-allotments, if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders and the underwriters in
this offering have committed that they and/or their designees will purchase from us an aggregate of 522,813 units, or &ldquo;private
units,&rdquo; at $10.00 per unit for a total purchase price of $5,228,130 in a private placement that will occur simultaneously with
the consummation of this offering. Each private unit will consist of one ordinary share, or &ldquo;private shares,&rdquo; and one-half
of one warrant, or &ldquo;private warrants.&rdquo; They have also agreed that if the over-allotment option is exercised by the underwriters
in full or in part, they and/or their designees will purchase from us additional private units (up to a maximum of 32,813 private units
at a price of $10.00 per private unit) in an amount that is necessary to maintain in the trust account $10.00 per unit sold to the public
in this offering. These additional private units will be purchased in a private placement that will occur simultaneously with the purchase
of units resulting from the exercise of the over-allotment option. The private units are identical to the units sold in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is presently no public market for our units,
ordinary shares or warrants. We have applied to list our units on the NYSE American, or NYSE, under the symbol &ldquo;LEGT U&rdquo; on
or promptly after the date of this prospectus. We cannot guarantee that our securities will be approved for listing on the NYSE. The
ordinary shares and warrants comprising the units will begin separate trading on the 52nd day following the date of this prospectus unless
BTIG informs us of its decision to allow earlier separate trading, subject to our filing a Current Report on Form 8-K with the SEC containing
an audited balance sheet reflecting our receipt of the gross proceeds of this offering and issuing a press release announcing when such
separate trading will begin; provided that no fractional warrants will be issued upon separation of the units and only whole warrants
will trade. Once the securities comprising the units begin separate trading, we expect that the ordinary shares and warrants will be
traded on the NYSE under the symbols &ldquo;LEGT&rdquo; and &ldquo;LEGT WS,&rdquo; respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an &ldquo;emerging growth company&rdquo; as
defined in the Jumpstart Our Business Startups Act and will therefore be subject to reduced public company reporting requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No offer or invitation to subscribe for securities
may be made to the public in the Cayman Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Investing in our securities involves a high degree
of risk. See &ldquo;Risk Factors&rdquo; beginning on page 21 of this prospectus for a discussion of information that should be considered
in connection with an investment in our securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete.
Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Per
    Unit</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Total</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Public
    offering price</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 9%; text-align: right">10.00</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 9%; text-align: right">175,000,000</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Underwriting
    discounts and commissions<SUP>(1)</SUP></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">0.55</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">9,625,000</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Proceeds,
    before expenses, to us</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">9.45</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">165,375,000</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="font-family: Times New Roman, Times, Serif; width: 25%"><DIV STYLE="font: 1pt Times New Roman, Times, Serif; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Includes up to $0.35 per unit, or up to $6,125,000 in
    the aggregate, or up to $7,043,750 if the over-allotment option is exercised in full, payable to BTIG for deferred underwriting commissions
    which will be placed in a trust account located in the United States as described herein. The deferred commissions will be released
    to BTIG only upon completion of an initial business combination, as described in this prospectus. The underwriters have received
    and will receive compensation in addition to the underwriting discount, including 87,500 ordinary shares, which we refer to herein
    as the &ldquo;representative founder shares.&rdquo; See &ldquo;<I>Underwriting</I>&rdquo; for further information relating to the
    underwriting compensation we will pay in this offering.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon consummation of the offering, an aggregate of
$175,000,000 (or $201,250,000 if the over-allotment option is exercised in full) or $10.00 per unit sold to the public in this offering
will be deposited in an account located in the United States at Bank of America with Equiniti Trust Company, LLC, acting as trustee.
Except as described in this prospectus, these funds will not be released to us until the earlier of the completion of a business combination
and our redemption of our public shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The underwriters are offering the units on a firm
commitment basis. The underwriters expect to deliver the units to purchasers on or about __________, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Sole Book-Running Manager</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>BTIG, LLC</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Co-Manager</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Craig-Hallum Capital
Group</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">__________, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><p style="margin: 0pt">&#160;</p></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>You should rely only on the information contained
in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with different information. We are not,
and the underwriters are not, making an offer of these securities in any jurisdiction where the offer is not permitted.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>LEGATO MERGER CORP. III</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="toc1"></A>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; background-color: #FFFFFF; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; text-align: center; vertical-align: bottom"><B>Page</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 90%"><A HREF="#a_001">Prospectus
    Summary</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 1%; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; text-align: center">1</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_002">Summary
    Financial Data</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">20</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_003">Risk
    Factors</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">21</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_004">Cautionary
    Note Regarding Forward Looking Statements</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">46</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_005">Use
    of Proceeds</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">47</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_006">Dividend
    Policy</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">51</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_007">Dilution</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">52</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_008">Capitalization</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">54</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_009">Management&rsquo;s
    Discussion and Analysis of Financial Condition and Results of Operations</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">55</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_010">Proposed
    Business</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">59</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_011">Management</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">74</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_012">Principal
    Shareholders</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">84</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_013">Certain
    Transactions</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">86</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_014">Description
    of Securities</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">89</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_015">Shares
    Eligible for Future Sale</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">101</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_016">Taxation</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">103</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_017">Underwriting</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">113</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_018">Legal
    Matters</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">122</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_019">Experts</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">122</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_020">Where
    You Can Find Additional Information</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">122</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top"><A HREF="#a_021">Index
    to Financial Statements</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">F-1</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_001"></A>PROSPECTUS SUMMARY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>This summary only highlights the more detailed
information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should
consider in making an investment decision. You should read this entire prospectus carefully, including the information under &ldquo;Risk
Factors&rdquo; and our financial statements and the related notes included elsewhere in this prospectus, before investing. References
in this prospectus to &ldquo;we,&rdquo; &ldquo;us&rdquo; or &ldquo;our company&rdquo; refer to Legato Merger Corp. III. References in
this prospectus to the &ldquo;Companies Act&rdquo; are to the Companies Act (As Revised) of the Cayman Islands as the same may be amended
from time to time. References in this prospectus to our &ldquo;public shares&rdquo; are to the ordinary shares sold as part of the units
in this offering (whether they are purchased in this offering or thereafter in the open market) and references to &ldquo;public shareholders&rdquo;
refer to the holders of our public shares, including our officers and directors to the extent they purchase public shares, provided that
their status as &ldquo;public shareholders&rdquo; shall exist only with respect to such public shares. References in this prospectus
to our &ldquo;management&rdquo; or our &ldquo;management team&rdquo; refer to our officers and directors and references to our &ldquo;initial
shareholders&rdquo; are to our shareholders prior to this offering (excluding BTIG). The term &ldquo;equity-linked securities&rdquo;
refers to any debt or equity securities issued in a transaction, including but not limited to a private placement of equity or debt,
that are convertible, exercisable or exchangeable for ordinary shares. Unless we tell you otherwise, the information in this prospectus
assumes that the underwriters will not exercise their over-allotment option. Any forfeiture of shares described in this prospectus will
take effect as a surrender of shares for no consideration of such shares as a matter of Cayman Islands law. Any share dividends described
in this prospectus will take effect as a share capitalization as a matter of Cayman Islands law.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>General</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a blank check company incorporated on November&nbsp;6,
2023 as a Cayman Islands exempted company. We were incorporated for the purpose of entering into a merger, share exchange, asset acquisition,
share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which
we refer to as a &ldquo;target business.&rdquo; We may pursue a business combination opportunity in any business or industry we choose
although we currently intend to focus on target businesses in the infrastructure, engineering and construction (&ldquo;E&amp;C&rdquo;),
industrial and renewables industries. To date, our efforts have been limited to organizational activities as well as activities related
to this offering. None of our officers, directors, promoters or other affiliates has engaged in any substantive discussions on our behalf
with representatives of other companies regarding the possibility of a potential business combination with us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We will seek to capitalize on the experience
of our management team in consummating an initial business combination. As more fully described below, Eric S. Rosenfeld, our Chief SPAC
Officer, and David D. Sgro, our Vice Chairman of the Board, have led eight prior public blank check companies: (i) Arpeggio Acquisition
Corporation, or &ldquo;Arpeggio,&rdquo; which raised $40.8 million in June&nbsp;2004 and consummated a business combination with Hill
International, Inc., or &ldquo;Hill International,&rdquo; in June&nbsp;2006, (ii) Rhapsody Acquisition Corp., or &ldquo;Rhapsody,&rdquo;
which raised $41.4 million in October&nbsp;2006 and consummated a business combination with Primoris Corporation, or &ldquo;Primoris,&rdquo;
in July&nbsp;2008, (iii) Trio Merger Corp., or &ldquo;Trio,&rdquo; which raised $69 million in June&nbsp;2011 and consummated a business
combination with SAExploration Holdings Inc., or &ldquo;SAE,&rdquo; in June&nbsp;2013, (iv) Quartet Merger Corp., or &ldquo;Quartet,&rdquo;
which raised $96.6 million in November&nbsp;2013 and consummated a business combination with Pangea Logistics Solutions Ltd., or &ldquo;Pangaea,&rdquo;
in October&nbsp;2014, (v) Harmony Merger Corp., or &ldquo;Harmony,&rdquo; which raised $115.0 million in March&nbsp;2015 and consummated
a business combination with NextDecade LLC, or &ldquo;NextDecade,&rdquo; in July&nbsp;2017, (vi) Allegro Merger Corp, or &ldquo;Allegro,&rdquo;
which raised $149.5 million in July&nbsp;2018 and executed a definitive merger agreement with TGI Fridays&rsquo; that was later terminated
due largely to the COVID-19 pandemic, (vii) Legato Merger Corp., or &ldquo;Legato I,&rdquo; which raised approximately $235.8 in January&nbsp;2021
and consummated a business combination with Algoma Steel Group Inc, or &ldquo;Algoma,&rdquo; in October&nbsp;2021 and (viii) Legato Merger
Corp. II, or &ldquo;Legato II,&rdquo; which raised $276.0 million in November&nbsp;2021 and consummated a business combination with Southland
Holdings LLC, or &ldquo;Southland,&rdquo; in February&nbsp;2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Chief Executive Officer, Gregory Monahan,
is a Senior Managing Director of Crescendo Partners, L.P., a New York-based investment firm, and the Senior Portfolio Manager of Jamarant
Capital, L.P. a private investment partnership. He also served as Chief Executive Officer of Legato II.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Chief Financial Officer, Adam Jaffe, served
as the Chief Financial Officer of Allegro, Legato I and Legato II. He is the Chief Financial Officer of Crescendo Partners, LP and the
Chief Compliance Officer and Chief Financial Officer of Jamarant Capital, LP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our
                                            Chairman, Brian Pratt, was formerly the Chairman and CEO of Primoris, an E&amp;C company
                                            that went public through a business combination with Rhapsody in 2008. Over his tenure as
                                            a public company CEO, Mr.&nbsp;Pratt made numerous E&amp;C acquisitions and grew Primoris&rsquo;
                                            revenue from approximately $550 million to over $2 billion and EBITDA from approximately
                                            $40 million to over $150 million. During his time as Primoris&rsquo; Chairman and Chief Executive
                                            Officer, the company&rsquo;s stock price increased to a high of over $33.00 per share. In
                                            addition to his role as Chairman and Chief Executive Officer of Primoris, Mr.&nbsp;Pratt
                                            has participated in numerous private investments in infrastructure and energy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Adam J. Semler, a member of our Board, served
as a member of the Board and Chairman of the Audit committees of Harmony and Allegro. John Ing, a member of our Board, served as a member
of the Board of Legato I and Legato II.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe that potential sellers of target businesses
will view the fact that our management team has successfully closed seven business combinations (and entered into a business combination
agreement for an eighth one) with vehicles similar to our company as a positive factor in considering whether or not to enter into a
business combination with us. However, there is no assurance that we will complete a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June&nbsp;2004, Arpeggio, a blank check company
founded by Eric S. Rosenfeld, consummated its initial public offering, raising $40.8 million (at $6.00 per unit, each consisting of one
share of common stock and two warrants, each to purchase one share of common stock). In June&nbsp;2006, Arpeggio completed a merger with
Hill International, and, shortly thereafter, the company changed its name to &ldquo;Hill International, Inc.&rdquo; Hill International
provided fee-based project management and construction claims services worldwide, primarily serving the United States and other national
governments, state and local governments, and the private sector. It was founded in 1976 and is headquartered in Philadelphia, Pennsylvania.
Hill International&rsquo;s common stock traded on the New York Stock Exchange under the symbol HIL and its price ranged from $2.11 to
$19.30 following the completion of its business combination with Arpeggio. Eric S. Rosenfeld served as a director of Hill International
from June&nbsp;2006 to June&nbsp;2010 and David D. Sgro served as a director of Hill International from August&nbsp;2016 to December&nbsp;2022
when it was acquired by Global Infrastructure Solutions Inc. for $3.40 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In October&nbsp;2006, Rhapsody, a blank check company
founded by Mr.&nbsp;Rosenfeld and David D. Sgro, consummated its initial public offering, raising $41.4 million (at $8.00 per unit, each
consisting of one share of common stock and one warrant to purchase one share of common stock). In July&nbsp;2008, Rhapsody completed
a merger with Primoris and, shortly thereafter, the company changed its name to &ldquo;Primoris Services Corporation.&rdquo; Primoris
provided construction, fabrication, maintenance, replacement, and engineering services to public utilities, petrochemical companies,
energy companies, and municipalities primarily in the United States and Canada. Primoris is headquartered in Dallas, Texas. Primoris&rsquo;
common stock currently trades on the Nasdaq Capital Market under the symbol PRIM and its price has ranged from $3.25 to $33.35 following
the completion of its business combination with Rhapsody, with a closing price of $____ on ________, 2024. Eric S. Rosenfeld served as
a director of Primoris from the completion of its business combination in 2008 until May&nbsp;2014. David D. Sgro served as a director
of Primoris from 2008 to 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March&nbsp;2008, Mr.&nbsp;Rosenfeld became the
chairman of the board, chief executive and president, and Mr.&nbsp;Sgro became the chief financial officer, secretary and a director,
of Symphony Acquisition Corp. and Staccato Acquisition Corp., two blank check companies, each formed to complete a business combination
with one or more businesses or entities. Due to market conditions following the financial collapse in the fall of 2008, neither Symphony
Acquisition Corp. nor Staccato Acquisition Corp. completed its initial public offering and neither engaged in any substantive operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June&nbsp;2011, Trio, a blank check company founded
by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $69.0 million (at $10.00 per unit, each consisting of
one share of common stock and one warrant to purchase one share of common stock). In June&nbsp;2013, Trio completed a merger with SAE
and in connection therewith the company changed its name to &ldquo;SAExploration Holdings, Inc.&rdquo; SAE was a holding company of various
subsidiaries which collectively formed a geophysical services provider offering seismic data acquisition services to the oil and gas
industry in North America, South America, and Southeast Asia. SAE provided a full range of services related to the acquisition of 2D,
3D and time-lapse 4D seismic data on land, in transition zones between land and water and in shallow water, as well as seismic data field
processing. SAE&rsquo;s common stock traded on the OTC Bulletin Board under the symbol SAEX. The price of SAE&rsquo;s common stock ranged
from $0.01 to $10.32 following completion of its business combination with Trio, and went private following a reorganization under Chapter
11 bankruptcy protection in December of 2020. Eric S. Rosenfeld and David D. Sgro served as directors of SAE from the closing of its
merger in 2013 until July&nbsp;2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2013, Quartet, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $96.6 million (at $10.00 per unit, each consisting
of one share of common stock and one right). In October&nbsp;2014, Quartet completed a merger with Pangaea Logistics Solutions Ltd.,
a growth oriented global logistics company focused on providing seaborne dry bulk transportation services. It is headquartered in Newport,
Rhode Island and conducts all operations through its direct and indirect subsidiaries. Pangaea&rsquo;s common stock currently trades
on the Nasdaq Capital Market under the symbol PANL, and the price of the common stock has ranged from $1.62 to $9.17 following completion
of the business combination with Quartet, with a closing price of $___ on ________, 2024. Eric S. Rosenfeld and David D. Sgro currently
serve as directors of Pangaea.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March&nbsp;2015, Harmony, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $115.0 million (at $10.00 per unit, each consisting
of one share of common stock and one warrant to purchase one share of common stock). In July&nbsp;2017, Harmony completed its business
combination with NextDecade, a liquefied natural gas (&ldquo;LNG&rdquo;) development company focused on LNG export projects and associated
pipelines in the State of Texas. NextDecade&rsquo;s common stock currently trades on the Nasdaq Capital Market under the symbol &ldquo;NEXT&rdquo;
and the price has ranged from $1.17 to $10.44 following consummation of the business combination with Harmony, with a closing price of
$____ on _________, 2024. Eric S. Rosenfeld and David D. Sgro served as directors of NextDecade from the time of the business combination
until 2020 and 2018, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July&nbsp;2018, Allegro, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $149.5 million (at $10.00 per unit, each consisting
of one share of common stock and one warrant to purchase one share of common stock). In November of 2019, Allegro announced that it had
signed a definitive merger agreement with TGI Fridays, an American casual dining bar and grill concept founded in 1965, with locations
in over 55 countries, including 442 international franchised units and 396 domestic units. On March&nbsp;31, 2020, Allegro and TGI Fridays
jointly announced that they had agreed to terminate the merger as the minimum cash closing condition was not met due in part to the uncertainty
created by the global COVID-19 pandemic and its impact on the restaurant industry. Allegro returned approximately $10.30 and $0.01 per
share to its public shareholders in April&nbsp;2020 and August&nbsp;2021, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January&nbsp;2021, Legato I, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising approximately $235.8 million (at $10.00 per unit,
each consisting of one share of common stock and one warrant to purchase one share of common stock). In October&nbsp;2021, Legato I completed
its business combination with Algoma, the parent holding company of Algoma Steel Inc., a Canadian fully integrated steel producer of
hot and cold rolled steel products, including sheet and plate, whose product applications are used in the automotive, construction, energy,
defense, and manufacturing sectors. Algoma&rsquo;s common shares currently trade on the Nasdaq Stock Market and the Toronto Stock Exchange
(the &ldquo;TSX&rdquo;) under the symbol &ldquo;ASTL&rdquo; and its warrants trade on Nasdaq and the TSX under the symbols &ldquo;ASTLW&rdquo;
and &ldquo;ASTL.WT&rdquo;, respectively, and the price of the common shares has ranged from $10.75 to $13.00 following consummation of
the business combination with Legato I, with a closing price of $____ on _________, 2024. Eric S. Rosenfeld and David D. Sgro have continued
to serve as directors of Algoma following the consummation of the business combination. Brian Pratt served as a director of Algoma following
the consummation of the business combination in October&nbsp;2021 until March&nbsp;2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2021, Legato II, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $276.0 million (at $10.00 per unit, each consisting
of one share of common stock and one-half of one warrant each whole warrant to purchase one share of common stock). In February&nbsp;2023,
Legato II completed its business combination with Southland, one of the largest construction companies in North America. Southland&rsquo;s
common stock and warrants currently trade on the NYSE American LLC under the symbols &ldquo;SLND&rdquo; and &ldquo;SLND WS,&rdquo; respectively,
and the price of the common stock has ranged from $___ to $__ following consummation of the business combination with Legato II, with
a closing price of $___ on _______, 2024. Gregory Monahan and Brian Pratt have continued to serve as directors of Southland following
the consummation of the business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Given its track record of reviewing and completing
SPAC transactions in its target industries, coupled with Mr.&nbsp;Pratt&rsquo;s management and transaction related experience in these
industries, we believe that our management team and board has the skills and experience to identify, evaluate and consummate a business
combination in sectors that we have identified. In addition, we believe that our management team is uniquely positioned to assist the
business that we may ultimately acquire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding
                                            the foregoing, past performance of our management team is not a guarantee either (i) that
                                            we will be able to identify a suitable candidate for our initial business combination or
                                            (ii) of success with respect to any business combination we may consummate. You should not
                                            rely on the historical performance record of our management team as indicative of our future
                                            performance. In addition, our officers and directors may have conflicts of interest with
                                            other entities to which they owe fiduciary or contractual obligations with respect to initial
                                            business combination opportunities. For a list of our officers and directors and entities
                                            for which a conflict of interest may or does exist between such persons and the company,
                                            as well as the priority and preference that such entity has with respect to performance of
                                            obligations and presentation of business opportunities to us, please refer to the table and
                                            subsequent explanatory paragraph under &ldquo;<I>Management &mdash; Conflicts of Interest</I>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Effecting a Business Combination</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will either (1) seek shareholder approval of our
initial business combination at a general meeting called for such purpose at which shareholders may seek to convert their shares, regardless
of whether they vote for or against the proposed business combination or don&rsquo;t vote at all, into their pro rata share of the aggregate
amount then on deposit in the trust account (net of taxes payable), or (2) provide our shareholders with the opportunity to sell their
shares to us by means of a tender offer (and thereby avoid the need for a shareholder vote) for an amount equal to their pro rata share
of the aggregate amount then on deposit in the trust account (net of taxes payable), in each case subject to the limitations described
herein. Any announcement regarding our entry into a definitive agreement for an initial business combination will indicate whether we
intend to seek shareholder approval of such transaction or instead provide shareholders with the opportunity to sell their shares to
us by means of a tender offer. The decision as to whether we will seek shareholder approval of our proposed business combination or allow
shareholders to sell their shares to us in a tender offer will be made by us, solely in our discretion, and will be based on a variety
of factors such as the timing of the transaction and whether the terms of the transaction would otherwise require us to seek shareholder
approval. If we decide to allow shareholders to sell their shares to us in a tender offer, we will file tender offer documents with the
SEC which will contain substantially the same financial and other information about the initial business combination as is required under
the SEC&rsquo;s proxy rules. We will consummate our initial business combination only if we obtain the approval of an ordinary resolution
under Cayman Islands law, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting
of the company. We have no specified maximum percentage threshold for conversions in our amended and restated memorandum and articles
of association and even those public shareholders who vote in favor of our initial business combination have the right to convert their
public shares. As a result, this may make it easier for us to consummate our initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will have up to 24 months from the closing of
this offering to consummate an initial business combination (or up to 27 months from the closing of this offering if we have executed
a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the closing
of this offering). If we are unable to consummate an initial business combination within such time period, we will redeem 100% of our
outstanding public shares for a pro rata portion of the funds held in the trust account, equal to the aggregate amount then on deposit
in the trust account including interest earned on the funds held in the trust account and not previously released to us for taxes and
trust administration expenses as described herein (and less up to $100,000 for liquidation expenses), divided by the number of then outstanding
public shares, subject to applicable law and as further described herein, and then seek to liquidate and dissolve. We expect the pro
rata redemption price to be approximately $10.00 per ordinary share (regardless of whether or not the underwriters exercise their over-allotment
option), without taking into account any interest earned on such funds. However, we cannot assure you that we will in fact be able to
distribute such amounts as a result of claims of creditors which may take priority over the claims of our public shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NYSE listing rules require that our initial business
combination must occur with one or more target businesses that together have a fair market value of at least 80% of the assets held in
the trust account at the time of the agreement to enter into the initial business combination (net of amounts previously disbursed to
management for tax obligations and working capital purposes and excluding the amount of deferred underwriting discounts held in trust).
The fair market value of the target or targets will be determined by our board of directors based upon one or more standards generally
accepted by the financial community (such as actual and potential sales, earnings, cash flow and/or book value). Although our board of
directors will rely on generally accepted standards, our board of directors will have discretion to select the standards employed. In
addition, the application of the standards generally involves a substantial degree of judgment. Accordingly, investors will be relying
on the business judgment of the board of directors in evaluating the fair market value of the target or targets. The proxy solicitation
materials or tender offer documents used by us in connection with any proposed transaction will provide public shareholders with our
analysis of the fair market value of the target business, as well as the basis for our determinations. If our board is not able independently
to determine</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">the fair market value of the target business or businesses,
we will obtain an opinion from an independent investment banking firm, or another independent entity that commonly renders valuation
opinions, with respect to the satisfaction of such criteria. Notwithstanding the foregoing, if we are not then listed on the NYSE for
whatever reason, we may no longer be required to meet the foregoing 80% fair market value test.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently anticipate structuring a business combination
to acquire 100% of the equity interests or assets of the target business or businesses. We may, however, structure our initial business
combination where we merge directly with the target business or a newly formed subsidiary or where we acquire less than 100% of such
interests or assets of the target business in order to meet certain objectives of the target management team or shareholders or for other
reasons, but we intend to only complete such business combination if the post-transaction company owns or acquires 50% or more of the
outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required
to register as an investment company under the Investment Company Act of 1940, as amended, or the Investment Company Act. Even if the
post-transaction company owns or acquires 50% or more of the voting securities of the target, our shareholders prior to the business
combination may collectively own a minority interest in the post-transaction company, depending on valuations ascribed to the target
and us in the business combination transaction. For example, we could pursue a transaction in which we issue a substantial number of
new shares in exchange for all of the outstanding capital stock or shares of a target. In this case, we could acquire a 100% controlling
interest in the target; however, as a result of the issuance of a substantial number of new shares, our shareholders immediately prior
to our initial business combination could own less than a majority of our outstanding shares subsequent to our initial business combination.
If less than 100% of the equity interests or assets of a target business or businesses are owned or acquired by the post-transaction
company, the portion of such business or businesses that is owned or acquired is what will be valued for purposes of the 80% fair market
value test.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Potential Conflicts</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Members of our management team will directly or indirectly
own our ordinary shares and warrants following this offering and, accordingly, may have a conflict of interest in determining whether
a particular target business is an appropriate business with which to effectuate our initial business combination. Further, each of our
officers and directors may have a conflict of interest with respect to evaluating a particular business combination if the retention
or resignation of any such officers and directors was included by a target business as a condition to any agreement with respect to our
initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our officers and directors have agreed to present
to us all target business opportunities that have a fair market value of at least 80% of the assets held in the trust account, subject
to any fiduciary or contractual obligations they may have. As more fully discussed in &ldquo;<I>Management &mdash; Conflicts of Interest</I>,&rdquo;
if any of our officers or directors becomes aware of an initial business combination opportunity that might be attractive to any entity
to which he has fiduciary or contractual obligations, he may be required to present such initial business combination opportunity to
such entity prior to presenting such initial business combination opportunity to us. For more information on the relevant pre-existing
fiduciary duties or contractual obligations of our management team, see the section titled &ldquo;<I>Management &mdash; Conflicts of
Interest</I>.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Private Placements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2023, we issued an aggregate of
5,031,250 ordinary shares, which we refer to throughout this prospectus as the &ldquo;founders&rsquo; shares,&rdquo; for an aggregate
purchase price of $25,000, or approximately $0.005 per share, to our initial shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The founders&rsquo; shares held by our initial shareholders
includes an aggregate of up to 656,250 shares subject to forfeiture to the extent that the underwriters&rsquo; over-allotment option
is not exercised in full or in part, so that our initial shareholders will continue to own 20.0% of our issued and outstanding shares
after this offering (not including the private units and representative founder shares described below and assuming the initial shareholders
do not purchase units in this offering).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2023, we also issued to designees
of BTIG an aggregate of 87,500 ordinary shares, which we refer to throughout this prospectus as the &ldquo;representative founder shares,&rdquo;
at a price of $0.001 per share. The representative founder shares are deemed to be underwriters&rsquo; compensation by FINRA pursuant
to Rule&nbsp;5110 of the FINRA Manual.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, our initial shareholders and the
underwriters in this offering have agreed that they and/or their designees will purchase from us an aggregate of 522,813 units (435,313
private units by our initial shareholders and 87,500 private units by the underwriters) at a price of $10.00 per unit, for an aggregate
purchase price of $5,228,130 in a private placement that will occur simultaneously with the closing of this offering. They have also
agreed that if the over-allotment option is exercised by the underwriters in full or in part, they and/or their designees will purchase
from us an additional number of private units (up to a maximum of 32,813 private units at $10.00 per private unit, of which up to 19,688
private units will be purchased by our initial shareholders and up to 13,125 private units will be purchased by the underwriters) in
order to maintain in the trust account $10.00 per unit sold to the public in this offering. These additional private units will be purchased
in a private placement that will occur simultaneously with the purchase of units resulting from the exercise of the over-allotment option.
The proceeds from the private placement of the private units will be added to the proceeds of this offering and placed in a U.S.-based
trust account at Bank of America with Equiniti Trust Company, LLC, acting as trustee. If we do not complete an initial business combination
within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed a letter of intent,
agreement in principle or definitive agreement for an initial business combination within 24 months from the closing of this offering),
the proceeds from the sale of the private units will be included in the liquidating distribution to our public shareholders and the private
units will be worthless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Corporate Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our executive offices are located at 777 Third Avenue,
37<SUP>th</SUP> Floor, New York, New York 10017 and our telephone number is (212) 319-7676.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a Cayman Islands exempted company. Exempted
companies are Cayman Islands companies conducting business mainly outside the Cayman Islands and, as such, are exempted from complying
with certain provisions of the Companies Act. As an exempted company, we have applied for and received a tax exemption undertaking from
the Cayman Islands government that, in accordance with Section 6 of the Tax Concessions Act (As Revised) of the Cayman Islands, for a
period of 30 years from the date of the undertaking, no law which is enacted in the Cayman Islands imposing any tax to be levied on profits,
income, gains or appreciations will apply to us or our operations and, in addition, that no tax to be levied on profits, income, gains
or appreciations or which is in the nature of estate duty or inheritance tax will be payable (i) on or in respect of our shares, debentures
or other obligations or (ii) by way of the withholding in whole or in part of a payment of dividend or other distribution of income or
capital by us to our shareholders or a payment of principal or interest or other sums due under a debenture or other obligation of us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an &ldquo;emerging growth company,&rdquo;
as defined in Section&nbsp;2(a) of the Securities Act of 1933, as amended, or the Securities Act, as modified by the Jumpstart Our Business
Startups Act of 2012, or the JOBS Act. As such, we are eligible to take advantage of certain exemptions from various reporting requirements
that are applicable to other public companies that are not &ldquo;emerging growth companies&rdquo; including, but not limited to, not
being required to comply with the auditor attestation requirements of Section&nbsp;404 of the Sarbanes-Oxley Act of 2002, or the Sarbanes-Oxley
Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements, and exemptions from
the requirements of holding a non-binding advisory vote on executive compensation and shareholder approval of any golden parachute payments
not previously approved. If some investors find our securities less attractive as a result, there may be a less active trading market
for our securities and the prices of our securities may be more volatile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, Section&nbsp;107 of the JOBS Act also
provides that an &ldquo;emerging growth company&rdquo; can take advantage of the extended transition period provided in Section&nbsp;7(a)(2)(B)
of the Securities Act for complying with new or revised accounting standards. In other words, an &ldquo;emerging growth company&rdquo;
can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We intend to
take advantage of the benefits of this extended transition period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will remain an emerging growth company until the
earlier of (1) the last day of the fiscal year (a) following the fifth anniversary of the completion of this offering, (b) in which we
have total annual gross revenue of at least $1.235 billion, or (c) in which we are deemed to be a large accelerated filer, which means
the market value of our ordinary shares that is held by non-affiliates exceeds $700 million as of the end of that year&rsquo;s second
fiscal quarter; and (2) the date on which we have issued more than $1.0 billion in non-convertible debt securities during the prior three-year
period. References herein to &ldquo;emerging growth company&rdquo; shall have the meaning associated with it in the JOBS Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
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<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<DIV STYLE="border: Black 1pt solid; padding: 5pt; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, we are a &ldquo;smaller reporting company&rdquo;
as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations,
including, among other things, providing only two years of audited financial statements. We will remain a smaller reporting company until
the last day of the fiscal year in which (1) the market value of our ordinary shares held by non-affiliates exceeds $250 million as of
the end of that year&rsquo;s second fiscal quarter, or (2) our annual revenues exceeded $100 million during such completed fiscal year
and the market value of our ordinary shares held by non-affiliates exceeds $700 million as of the end of that year&rsquo;s second fiscal
quarter. To the extent we take advantage of such reduced disclosure obligations, it may also make comparison of our financial statements
with other public companies difficult or impossible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>THE OFFERING</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 27%">Securities
    offered</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 70%; text-align: justify">17,500,000 units, at $10.00
    per unit, each unit consisting of one ordinary share and one-half of one warrant, each whole warrant to purchase one ordinary share.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We structured each unit to contain
    one-half of one warrant, with each whole warrant exercisable for one ordinary share, as compared to units issued by some other similar
    blank check companies which contain whole warrants exercisable for one whole share, in order to reduce the dilutive effect of the
    warrants upon completion of an initial business combination, thus making us, we believe, a more attractive initial business combination
    partner for target businesses.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Listing
    of our securities and proposed symbols</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We have applied to have our units,
    and the ordinary shares and warrants once they begin separate trading, listed on the NYSE under the symbols &ldquo;LEGT U,&rdquo;
    &ldquo;LEGT&rdquo; and &ldquo;LEGT WS,&rdquo; respectively.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Trading
    commencement and separation of ordinary shares and warrants</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The units will begin trading on or
    promptly after the date of this prospectus. The ordinary shares and warrants comprising the units will begin separate trading on
    the 52nd day following the date of this prospectus unless BTIG informs us of its decision to allow earlier separate trading, subject
    to our having filed the Current Report on Form 8-K described below and having issued a press release and filed a Current Report on
    Form 8-K announcing when such separate trading will begin.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Once the ordinary shares and warrants
    commence separate trading, holders will have the option to continue to hold units or separate their units into the component pieces.
    Holders will need to have their brokers contact our transfer agent in order to separate the units into ordinary shares and warrants.
    No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly, unless you purchase
    a multiple of two units, the number of warrants issuable to you upon separation of the units will be rounded down to the nearest
    whole number of warrants.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">In no event will the ordinary shares
    and warrants be traded separately until we have filed a Current Report on Form 8-K with the SEC containing an audited balance sheet
    reflecting our receipt of the gross proceeds at the closing of this offering. We will file the Current Report on Form 8-K promptly
    after the closing of this offering, which is anticipated to take place three business days from the date of this prospectus. If the
    underwriters&rsquo; over-allotment option is exercised following the initial filing of such Current Report on Form 8-K, a second
    or amended Current Report on Form 8-K will be filed to provide updated financial information to reflect the exercise of the underwriters&rsquo;
    over-allotment option. We will also include in a Form 8-K, or amendment thereto, information indicating if BTIG, Inc. has allowed
    separate trading of the ordinary shares and warrants prior to the 52nd day after the date of this prospectus.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top; width: 27%">Units:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; width: 70%">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    outstanding before this offering</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">0 units</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    to be sold in private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">522,813 units</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    outstanding after this offering and private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">18,022,813 units</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Ordinary
    shares:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    outstanding before this offering</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">5,118,750 shares<SUP>(1)</SUP></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    to be sold in private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">522,813 shares</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    to be outstanding after this offering and private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">22,485,313 shares<SUP>(2)</SUP></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Warrants:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    outstanding before this offering</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">0 warrants</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    to be sold in private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">261,406 warrants</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Number
    to be outstanding after this offering and private placement</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">9,011,406 warrants</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; text-align: left; vertical-align: top">Exercisability</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Each whole warrant is exercisable
    for one ordinary share at a price of $11.50 per share and only whole warrants are exercisable. Therefore, you must purchase two units
    in order to receive a whole warrant. The warrants will become exercisable 30 days after the completion of an initial business combination.
    The warrants will expire at 5:00 p.m., New York City time, on the fifth anniversary of our completion of an initial business combination,
    or earlier upon redemption or liquidation of the company; provided that the warrants will expire earlier if we have not completed
    an initial business combination within the required time period and liquidate the trust account in connection therewith.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Represents 5,031,250 founders&rsquo; shares and 87,500
    representative founder shares. The 5,031,250 founders&rsquo; shares includes an aggregate of up to 656,250 founders&rsquo; shares
    that are subject to forfeiture if the over-allotment option is not exercised by the underwriters in full.</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">(2)</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Assumes the over-allotment option has not been exercised
    and an aggregate of 656,250 founders&rsquo; shares have been forfeited.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">Exercise price</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 70%; text-align: justify">$11.50 per share, subject
    to adjustment as described herein. In addition, if (x) we issue additional ordinary shares or equity-linked securities for capital
    raising purposes in connection with the closing of our initial business combination at an issue price or effective issue price of
    less than $9.20 per ordinary share (with such issue price or effective issue price to be determined in good faith by our board of
    directors, and in the case of any such issuance to our initial shareholders or their affiliates, without taking into account any
    founders&rsquo; shares held by them prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more
    than 60% of the total equity proceeds, and interest thereon, available for the funding of our initial business combination on the
    date of the consummation of our initial business combination (net of redemptions), and (z) the volume weighted average trading price
    of our ordinary shares during the 20 trading day period starting on the trading day prior to the day on which we consummate our initial
    business combination (such price, the &ldquo;Market Value&rdquo;) is below $9.20 per share, the exercise price of the warrants will
    be adjusted (to the nearest cent) to be equal to 115% of the greater of (i) the Market Value or (ii) the price at which we issue
    the additional ordinary shares or equity-linked securities.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">No warrants will be exercisable for
    cash unless we have an effective and current registration statement covering the ordinary shares issuable upon exercise of the warrants
    and a current prospectus relating to such ordinary shares. Notwithstanding the foregoing, if a registration statement covering the
    ordinary shares issuable upon exercise of the warrants is not effective within a specified period following the consummation of our
    initial business combination, warrant holders may, until such time as there is an effective registration statement and during any
    period when we shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis pursuant
    to the exemption provided by Section&nbsp;3(a)(9) of the Securities Act of 1933, as amended, or the Securities Act, provided that
    such exemption is available. If that exemption, or another exemption, is not available, holders will not be able to exercise their
    warrants on a cashless basis.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Redemption</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We may redeem the outstanding warrants
    in whole and not in part, at a price of $0.01 per warrant at any time after the warrants become exercisable, upon a minimum of 30
    days&rsquo; prior written notice of redemption, if, and only if, the last sales price of our ordinary shares equals or exceeds $18.00
    per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within a
    30 trading day period commencing at any time after the warrants become exercisable and ending three business days before we send
    the notice of redemption; and if, and only if, there is a current registration statement in effect with respect to the ordinary shares
    underlying such warrants.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">If the foregoing conditions are satisfied
    and we issue a notice of redemption, each warrant holder can exercise his, her or its warrant prior to the scheduled redemption date.
    However, the price of the ordinary shares may fall below the $18.00 trigger price as well as the $11.50 warrant exercise price after
    the redemption notice is issued.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">If we call the warrants for redemption
    as described above, our management will have the option to require all holders that wish to exercise warrants to do so on a &ldquo;cashless
    basis.&rdquo; In such event, each holder would pay the exercise price by surrendering the warrants for that number of ordinary shares
    equal to the quotient obtained by dividing (x) the product of the number of ordinary shares underlying the warrants, multiplied by
    the difference between the exercise price of the warrants and the &ldquo;fair market value&rdquo; (defined below) by (y) the fair
    market value. The &ldquo;fair market value&rdquo; for this purpose shall mean the average reported last sale price of the ordinary
    shares for the five trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the
    holders of warrants.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 27%; padding-left: 9pt; text-indent: -9pt"><FONT STYLE="font-size: 10pt">Securities purchased, or being purchased,
    by insiders in connection with this offering</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="width: 70%; text-align: justify"><FONT STYLE="font-size: 10pt">Our initial shareholders have purchased an aggregate of
    5,031,250 founders&rsquo; shares for an aggregate purchase price of $25,000. The 5,031,250 founders&rsquo; shares held by our initial
    shareholders includes an aggregate of up to 656,250 ordinary shares subject to forfeiture to the extent that the over-allotment option
    is not exercised by the underwriters in full or in part. Our initial shareholders will be required to forfeit only a number of ordinary
    shares necessary to continue to maintain the 20.0% ownership interest in our ordinary shares after giving effect to the offering
    and exercise, if any, of the underwriters&rsquo; over-allotment option (excluding the private shares, representative founder shares
    and any shares included in units purchased by them in this offering). The founders&rsquo; shares are identical to the ordinary shares
    included in the units being sold in this offering. However, our initial shareholders and officers and directors have agreed (A) to
    vote any shares owned by them in favor of any proposed business combination, (B) not to convert any shares for a pro rata portion
    of the trust account in connection with a shareholder vote to approve a proposed initial business combination or sell any shares
    to us in a tender offer in connection with a proposed initial business combination or in connection with certain amendments to our
    amended and restated memorandum and articles of association prior to a business combination and (C) that the founders&rsquo; shares
    will not participate in any liquidating distributions from our trust account upon winding up if a business combination is not consummated.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: justify"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                                    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Simultaneously
                                    with the consummation of this offering, our initial shareholders and the underwriters have committed
                                    that they and/or their designees will purchase an aggregate of 522,813 private units at $10.00 per
                                    private unit for a total purchase price of $5,228,130 pursuant to subscription agreements with us.
                                    They have also agreed that if the over-allotment option is exercised by the underwriters in full
                                    or in part, they will purchase from us an additional number of private units (up to a maximum of
                                    32,813 private units at a price of $10.00 per private unit) in an amount necessary to maintain in
                                    the trust account $10.00 per unit sold to the public in this offering. These additional private units
                                    will be purchased in a private placement that will occur simultaneously with the purchase of units
                                    resulting from the exercise of the over-allotment option. The private units (and underlying private
                                    shares and private warrants) are identical to the units (and underlying shares and warrants) sold
                                    in this offering. For as long as the private warrants are held by the underwriters or their designees
                                    or affiliates, they may not be exercised after five years from the effective date of the registration
                                    statement of which this prospectus forms a part. Furthermore, our initial shareholders have agreed
                                    to vote the private shares in favor of any proposed business combination and our initial shareholders
                                    and the underwriters have agreed (A) not to convert any private shares in connection with a shareholder
                                    vote to approve a proposed initial business combination or sell any private shares to us in a tender
                                    offer in connection with a proposed initial business combination or in connection with certain amendments
                                    to our amended and restated memorandum and articles of association prior to a business combination
                                    and (B) that the private shares shall not participate in any liquidating distribution from our trust
                                    account upon winding up if a business combination is not consummated.</FONT></P>

</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%"><B>&nbsp;</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 70%; text-align: justify">As a result, if we sought
    shareholder approval of a proposed transaction we could need as little as 6,257,345 of our 17,500,000 public shares (or approximately
    35.8% of our public shares) to be voted in favor of the transaction in order to have such transaction approved (assuming all shares
    are voted, the over-allotment option is not exercised, that the initial shareholders do not purchase any units in this offering or
    units or shares in the after-market and that the 87,500 representative founder shares and all 522,813 private shares are voted in
    favor of the transaction). If only a minimum number of shares are voted to reach a quorum for the meeting, we could need as little</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 70%">as 636,016 of our 17,500,000
    public shares (or approximately 3.6% of our public shares) to be voted in favor of the transaction in order to have such transaction
    approved (assuming the over-allotment option is not exercised, that the initial shareholders do not purchase any units in this offering
    or units or shares in the after-market and that the 87,500 representative founder shares and all 522,813 private shares are voted
    in favor of the transaction). In the event of a liquidation prior to our initial business combination, the private units will likely
    be worthless.</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Restrictions
    on transfer of founders&rsquo; shares and private units</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The founders&rsquo; shares will not
    be transferred, assigned or sold (subject to certain limited exceptions set forth below) for a period ending on the earlier of the
    180-day anniversary of the date of the consummation of our initial business combination and the date on which the closing price of
    our ordinary shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations)
    for any 20 trading days within a 30-trading day period following the consummation of our initial business combination, or earlier
    if, subsequent to our initial business combination, we consummate a liquidation, merger, share exchange or other similar transaction
    which results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property.
    The limited exceptions include transfers, assignments or sales (i) to our or our initial shareholders&rsquo; officers, directors,
    consultants or their affiliates, (ii) to an entity&rsquo;s members upon its liquidation, (iii) to relatives and trusts for estate
    planning purposes, (iv) by virtue of the laws of descent and distribution upon death, (v) pursuant to a qualified domestic relations
    order, (vi) to us for no value for cancellation in connection with the consummation of our initial business combination, or (vii)
    at or prior to the consummation of a business combination at prices no greater than the price at which the shares were originally
    purchased, in each case (except for clause (vi) or with our prior consent) where the transferee agrees to be bound by these transfer
    restrictions.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The purchasers of the private units
    have also agreed not to transfer, assign or sell any of the private units, including the underlying private shares and private warrants
    (except in connection with the same limited exceptions that the founders&rsquo; shares may be transferred as described above), until
    after the completion of our initial business combination.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Representative
    Founder Shares</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">In November&nbsp;2023, we issued to
    designees of BTIG the 87,500 representative founder shares. The holders of the representative founder shares have agreed not to transfer,
    assign or sell any such shares without our prior consent until the completion of our initial business combination. In addition, the
    holders of the representative founder shares have agreed (i) to waive their conversion rights (or right to participate in any tender
    offer) with respect to such shares in connection with the completion of our initial business combination or in connection with certain
    amendments to our amended and restated memorandum and articles of association prior to a business combination and (ii) to waive their
    rights to liquidating distributions from the trust account with respect to such shares if we fail to complete our initial business
    combination within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed
    a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the
    closing of this offering), or such longer time as approved by the majority of our shareholders.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Offering
    proceeds to be held in trust</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">An aggregate of $10.00 per unit sold
    to the public in this offering (regardless of whether or not the over-allotment option is exercised) will be placed in a U.S.-based
    trust account at Bank of America with Equiniti Trust Company, LLC acting as trustee pursuant to an agreement to be signed on the
    date of this prospectus. These proceeds include up to $6,125,000 (or up to $7,043,750</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">if the underwriters&rsquo;
    over-allotment option is exercised in full) in deferred underwriting commissions. Except as set forth below, the proceeds held in
    the trust account will not be released until the earlier of the completion of an initial business combination and our redemption
    of 100% of the outstanding public shares if we have not completed a business combination in the required time period. Therefore,
    except as set forth below, unless and until an initial business combination is consummated, the proceeds held in the trust account
    will not be available for our use for any expenses related to this offering or expenses which we may incur related to the investigation
    and selection of a target business and the negotiation of an agreement to acquire a target business.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Notwithstanding the foregoing,
    there can be released to us from the trust account any interest earned on the funds in the trust account that we need to pay our
    income or other tax obligations and for trust administration expenses. With these exceptions, expenses incurred by us may be paid
    prior to a business combination only from the net proceeds of this offering not held in the trust account (initially estimated to
    be $1,188,130, or $991,250 if the over-allotment option is exercised in full). However, the underwriters have agreed to make a payment
    to us in an amount equal to $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, to reimburse us for certain
    of our expenses in connection with this offering and for expenses to be incurred by us following this offering as a public company.
    This reimbursement will have the effect of increasing the proceeds available to us outside of the trust account. Additionally, in
    order to meet our working capital needs following the consummation of this offering if the funds available to us are insufficient,
    our officers, directors, initial shareholders or their affiliates may, but are not obligated to, loan us funds, from time to time
    or at any time, in whatever amount they deem reasonable in their sole discretion. Each loan would be evidenced by a promissory note.
    The notes would either be paid upon consummation of our initial business combination, without interest, or, at the holder&rsquo;s
    discretion, up to $1,500,000 of the notes may be converted into units at a price of $10.00 per unit. These units would be identical
    to the private units. In the event that the initial business combination does not close, we may use a portion of the working capital
    held outside the trust account to repay such loaned amounts, but no proceeds from our trust account would be used for such repayment.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">None of the warrants may
    be exercised until 30 days after the consummation of a business combination and, thus, after the proceeds of the trust account have
    been disbursed. Accordingly, the warrant exercise price will be paid directly to us and not placed in the trust account.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Limited
    payments to insiders</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">There will be no fees,
    reimbursements or other cash payments paid to our officers, directors, initial shareholders or their affiliates for any services
    they render prior to, or in order to effectuate the consummation of, an initial business combination (regardless of the type of transaction
    that it is) other than the following payments, none of which will be made from the proceeds of this offering held in the trust account
    prior to the completion of our initial business combination:</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center; width: 0.5in">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">repayment at the closing of this offering
    of an aggregate of approximately $147,000 of non-interest-bearing loans made by our officers;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%"><B>&nbsp;</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center; width: 0.5in">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: justify">payment of a $20,000 per month
    administrative fee to Crescendo Advisors II, LLC, an entity controlled by Mr.&nbsp;Rosenfeld, for office space and related services;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.5in; text-align: center">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">payment of consulting, success or
    finder fees to our officers, directors, initial shareholders or their affiliates in connection with the consummation of our initial
    business combination to be paid upon closing of our initial business combinations. We may pay such fees in the event our initial
    shareholders, officers or directors provide us with specific target company, industry, financial or market expertise, as well as
    insights, relationships, services or resources in order to assess, negotiate and consummate an initial business combination. The
    amount of any such fees we pay will be based upon the prevailing market for similar services for comparable transactions at such
    time. We would disclose any such fee in the proxy or tender offer materials used in connection with a proposed business combination;
    and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: center">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">reimbursement of out-of-pocket expenses
    incurred by them in connection with certain activities on our behalf, such as identifying and investigating possible target businesses
    and business combinations.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Our audit committee will
    review and approve all reimbursements and payments made to our officers, directors, initial shareholders or our or their respective
    affiliates, with any interested director abstaining from such review and approval.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  </TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font-size: 10pt; width: 27%"><FONT STYLE="font-size: 10pt">Shareholder approval
    of, or tender offer in connection with, initial business combination</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 70%"><FONT STYLE="font-size: 10pt">In connection with any proposed initial
    business combination, we will either (1) seek shareholder approval of such initial business combination at a general meeting called
    for such purpose at which shareholders may seek to convert their shares, regardless of whether they vote for or against the proposed
    business combination or don&rsquo;t vote at all, into their pro rata share of the aggregate amount then on deposit in the trust account
    (net of taxes payable), or (2) provide our shareholders with the opportunity to sell their shares to us by means of a tender offer
    (and thereby avoid the need for a shareholder vote) for an amount equal to their pro rata share of the aggregate amount then on deposit
    in the trust account (net of taxes payable), in each case subject to the limitations described herein. If we determine to engage
    in a tender offer, such tender offer will be structured so that each shareholder may tender all of his, her or its shares rather
    than some pro rata portion of his, her or its shares. Any announcement regarding our entry into a definitive agreement for an initial
    business combination will indicate whether we intend to seek shareholder approval of such transaction or instead provide shareholders
    with the opportunity to sell their shares to us by means of a tender offer. The decision as to whether we will seek shareholder approval
    of a proposed business combination or will allow shareholders to sell their shares to us in a tender offer will be made by us, solely
    in our discretion, and will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction
    would otherwise require us to seek shareholder approval. If we determine to allow shareholders to sell their shares to us in a tender
    offer, we will file tender offer documents with the SEC which will contain substantially the same financial and other information
    about the initial business combination as is required under the SEC&rsquo;s proxy rules. If we seek shareholder approval, we will
    only consummate our initial business combination if we obtain the approval of an ordinary resolution under Cayman Islands law, which
    requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the company. We have
    no specified maximum percentage threshold for conversions in our amended and restated memorandum and articles of association and
    even those public shareholders who vote in favor of our initial business combination have the right to convert their public shares.
    As a result, this may make it easier for us to consummate our initial business combination.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 70%">None of our initial shareholders,
    officers, directors or their affiliates has indicated any intention to purchase units in this offering or any units or ordinary shares
    from persons in the open market or in private transactions. However, if we hold a general meeting to approve a proposed business
    combination and a significant number of shareholders seek to redeem their public shares, our initial shareholders, officers, directors
    or their affiliates could make such purchases in the open market or in private transactions in order to reduce the number of public
    shares being submitted for redemption. Notwithstanding the foregoing, our officers, directors, initial shareholders and their affiliates
    will not make purchases of ordinary shares if the purchases would violate Section&nbsp;9(a)(2) or Rule&nbsp;10b-5 of the Exchange
    Act, which are rules designed to prevent potential manipulation of a company&rsquo;s shares.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Conversion
    rights</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">In connection with any general meeting
    called to approve a proposed initial business combination, each public shareholder will have the right, regardless of whether he
    is voting for or against such proposed business combination or does not vote at all, to demand that we convert his shares into a
    pro rata share of the trust account. The per-share amount we will distribute to investors who properly convert their shares will
    not be reduced by the deferred underwriting commissions we will pay to BTIG.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We may require public shareholders,
    whether they are a record holder or hold their shares in &ldquo;street name,&rdquo; to either (i) physically tender their certificates
    to our transfer agent or (ii) deliver their shares to the transfer agent electronically using Depository Trust Company&rsquo;s DWAC
    (Deposit/Withdrawal At Custodian) System, at the holder&rsquo;s option, in each case prior to a date set forth in the tender offer
    documents or proxy materials sent in connection with the proposal to approve the business combination. There is a nominal cost associated
    with this tendering process and the act of certificating the shares or delivering them through the DWAC system. The transfer agent
    will typically charge the tendering broker a nominal amount and it would be up to the broker whether or not to pass this cost on
    to the converting holder.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font-size: 10pt; width: 27%"><FONT STYLE="font-size: 10pt">Liquidation if
    no business combination</FONT></TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 70%"><FONT STYLE="font-size: 10pt">If we are unable to complete an initial
    business combination by 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed
    a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the
    closing of this offering), we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably
    possible but not more than ten business days thereafter, redeem 100% of the outstanding public shares, at a per-share price, payable
    in cash, equal to the aggregate amount then on deposit in the trust account, including any interest not previously released to us
    (net of taxes payable and up to $100,000 of interest that may be released to us to pay liquidation expenses), divided by the number
    of then outstanding public shares, which redemption will completely extinguish public shareholders&rsquo; rights as shareholders
    (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably
    possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and
    dissolve, subject (in each case) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements
    of other applicable law. We cannot assure you that we will have funds sufficient to pay or provide for all creditors&rsquo; claims.
    Although we are required to have all third parties (including any vendors or other entities we engage after this offering) and any
    prospective target businesses enter into agreements with us waiving any right, title, interest or claim of any kind in or to any
    monies held in the trust account, there is no guarantee that they will execute such agreements. There is also no guarantee that the
    third parties </FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 70%">would not challenge the
    enforceability of these waivers and bring claims against the trust account for monies owed them. Crescendo Advisors LLC, an entity
    affiliated with Eric S. Rosenfeld, our Chief SPAC Officer, has agreed that it will be liable to ensure that the proceeds in the trust
    account are not reduced below $10.00 per share by the claims of target businesses or claims of vendors or other entities that are
    owed money by us for services rendered or contracted for or products sold to us. The agreement entered into by Crescendo Advisors
    LLC specifically provides for two exceptions to the indemnity given: it will have no liability (1) as to any claimed amounts owed
    to a target business or vendor or other entity who has executed an agreement with us waiving any right, title, interest or claim
    of any kind they may have in or to any monies held in the trust account, or (2) as to any claims for indemnification by the underwriters
    of this offering against certain liabilities, including liabilities under the Securities Act. WithumSmith+Brown, PC, our independent
    registered public accounting firm, and the underwriters of the offering, will not execute agreements with us waiving such claims
    to the monies held in the trust account. We have not independently verified whether Crescendo Advisors LLC has sufficient funds to
    satisfy its indemnity obligations, we have not asked it to reserve for such obligations and we do not believe it has any significant
    liquid assets. Accordingly, we believe it is unlikely that it will be able to satisfy its indemnification obligations if it is required
    to do so.</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><B>&nbsp;</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The holders of the founders&rsquo;
    shares, representative founder shares and private shares will not participate in any redemption distribution from our trust account
    with respect to such shares. Additionally, our warrants would expire worthless if we liquidate the trust account.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 27%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 70%"><FONT STYLE="font-size: 10pt">If we are unable to consummate an initial
    business combination and we expend all of the net proceeds of this offering not deposited in the trust account, we expect that the
    initial per-share redemption price will be approximately $10.00 (which is equal to the anticipated aggregate amount then on deposit
    in the trust account excluding interest earned on the funds held in the trust account). The proceeds deposited in the trust account
    could, however, become subject to claims of our creditors that are in preference to the claims of our shareholders. In addition,
    if we are forced to file a bankruptcy or winding up petition or an involuntary bankruptcy or winding up petition is filed against
    us that is not dismissed, the proceeds held in the trust account could be subject to applicable bankruptcy or insolvency law, and
    may be included in our bankruptcy or insolvency estate and subject to the claims of third parties with priority over the claims of
    our shareholders. Therefore, we cannot assure you that the actual per-share redemption price will not be less than approximately
    $10.00.</FONT></TD></TR>
  </TABLE>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 70%">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">BTIG has agreed to waive its rights
    to its deferred underwriting commission held in the trust account in the event we do not complete our initial business combination
    and subsequently liquidate and, in such event, such amounts will be included with the funds held in the trust account that will be
    available to fund the redemption of our public shares.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We will pay the costs of any liquidation
    from the net proceeds from this offering and the private placement held out of trust and the up to $100,000 of interest income available
    to us from the trust account to pay for our liquidation expenses.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 27%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 3%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 70%">Our initial shareholders,
    officers and directors have agreed that they will not propose any amendment to our amended and restated memorandum and articles of
    association that would affect our public shareholders&rsquo; ability to convert or sell their shares to us in connection with a business
    combination as described herein or affect the substance or timing of our obligation to redeem 100% of our public shares if we do
    not complete a business combination within 24 months from the closing of this offering (or 27 months from the closing of this offering
    if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within
    24 months from the closing of this offering) unless we provide our public shareholders with the opportunity to convert their ordinary
    shares upon the approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit
    in the trust account, including interest not previously released to us but net of taxes payable, divided by the number of then outstanding
    public shares. This redemption right shall apply in the event of the approval of any such amendment, whether proposed by our initial
    shareholders, executive officers, directors or any other person.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Summary of Risk Factors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">An investment in our securities involves a high degree
of risk. The occurrence of one or more of the events or circumstances described in the section titled &ldquo;<I>Risk Factors</I>,&rdquo;
alone or in combination with other events or circumstances, may materially adversely affect our business, financial condition and operating
results. In that event, the trading price of our securities could decline, and you could lose all or part of your investment. Such risks
include, but are not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may not be able to complete our initial business combination
    within 24 months after the closing of this offering (or 27 months from the closing of this offering if we have executed a letter
    of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the closing of
    this offering), in which case we would cease all operations except for the purpose of winding up, and we would redeem our public
    shares for a pro rata portion of the funds in the trust account, and we would liquidate. In such event, our warrants would expire
    worthless.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Your only opportunity to affect the investment decision
    regarding a potential business combination may be limited to the exercise of your right to convert your shares to cash.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Our initial shareholders will control a substantial interest
    in us and thus may influence certain actions requiring a shareholder vote.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">The ability of our public shareholders to exercise their
    conversion rights or sell their shares to us in a tender offer may not allow us to effectuate the most desirable business combination
    or optimize our capital structure.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may require shareholders who wish to convert their
    shares in connection with a proposed business combination to comply with specific requirements for conversion that may make it more
    difficult for them to exercise their conversion rights.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left; width: 0.25in">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may issue additional shares or debt securities to
    complete a business combination, which would reduce the equity interest of our shareholders and likely cause a change in control
    of our company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may be unable to obtain additional financing, if required,
    to complete a business combination or to fund the operations and growth of the target business.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may not obtain a fairness opinion with respect to
    the target business that we seek to acquire and therefore you may be relying solely on the judgment of our board of directors in
    approving a proposed business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Resources could be wasted in researching acquisitions
    that are not completed, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Our search for a business combination, and any target
    business with which we ultimately consummate a business combination, may be materially adversely affected by new outbreaks, or continuation
    of any existing outbreaks, of any infectious disease (such as COVID-19) and other events, and the status of debt and equity markets.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may have a limited ability to assess the management
    of a prospective target business and, as a result, may effect our initial business combination with a target business whose management
    may not have the skills, qualifications or abilities to manage a public company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">If we consummate a business combination with a target
    company with assets located outside of the United States, our results of operations and prospects could be subject to the economic,
    political, and legal policies, developments, and conditions in the country in which we operate. Further, exchange rate fluctuations
    and currency policies may cause our ability to succeed in the international markets to be diminished.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">There may be tax consequences to our business combinations
    that may adversely affect us.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Our officers and directors presently have fiduciary or
    contractual obligations to other entities and, accordingly, may have conflicts of interest in determining to which entity a particular
    business opportunity should be presented.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Our officers and directors will have interests in a potential
    business combination that are different than yours, which may create conflicts of interest.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">The determination of the offering price of our units
    and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in
    a particular industry.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Because each unit contains one-half of one redeemable
    warrant and only a whole warrant may be exercised, the units may be worth less than units of other blank check companies.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">You will experience immediate and substantial dilution
    from the purchase of our ordinary shares.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may amend the terms of the warrants in a manner that
    may be adverse to holders of public warrants with the approval by a majority of the then outstanding warrants.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may redeem your unexpired warrants prior to their
    exercise at a time that is disadvantageous to you, thereby making your warrants worthless.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">There is currently no market for our securities and a
    market for our securities may not develop, which would adversely affect the liquidity and price of our securities.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">The NYSE may delist our securities from trading on its
    exchange, which could limit investors&rsquo; ability to make transactions in our securities and subject us to additional trading
    restrictions.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">If third parties bring claims against us, and if our
    directors decide not to enforce the indemnification obligations of Crescendo Advisors LLC or if Crescendo Advisors LLC does not have
    the funds to indemnify us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by
    shareholders may be less than $10.00 per share.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Provisions in our amended and restated memorandum and
    articles of association may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future
    for our ordinary shares and could entrench management.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Our shareholders may be held liable for claims by third
    parties against us to the extent of distributions received by them upon redemption of their shares.</TD> </TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left; width: 0.25in">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We are a newly incorporated company with no operating
    history, and, accordingly, you have no basis on which to evaluate our ability to achieve our business objective.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 0.25in; font-size: 10pt"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Members of our management team have significant experience
    as founders, board members, officers, executives or employees of other companies. Certain of those persons have been, are now, or
    may in the future become, involved in litigation, investigations or other proceedings, including related to those companies or otherwise.
    The defense or prosecution of these matters could be time-consuming and could divert our management&rsquo;s attention, and may have
    an adverse effect on us, which may impede our ability to consummate an initial business combination.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We may not be able to complete an initial business combination
    with a U.S. target company if such a transaction is subject to U.S. foreign investment regulations and review by a U.S. government
    entity such as the Committee on Foreign Investment in the United States (&ldquo;CFIUS&rdquo;), or ultimately prohibited.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">If we effect a business combination with a company located
    outside of the United States, the laws applicable to such company will likely govern all of our material agreements and we may not
    be able to enforce our legal rights.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Because we are incorporated under the laws of the Cayman
    Islands, you may face difficulties in protecting your interests, and your ability to protect your rights through the U.S. federal
    courts may be limited.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Because we are a Cayman Islands company, you may face
    difficulties in protecting your interests, and your ability to protect your rights through the U.S. Federal courts may be limited.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">If our initial business combination involves a company
    organized under the laws of a state of the United States, it is possible a 1% U.S. federal excise tax will be imposed on us in connection
    with redemptions of our ordinary shares after or in connection with such initial business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">If we are deemed to be an investment company under the
    Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted,
    which may make it difficult for us to complete our initial business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 0.25in; font-size: 10pt"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">If we are deemed to be an investment company for purposes
    of the Investment Company Act, we could be forced to liquidate and investors in our company would not be able to participate in any
    benefits of owning stock in an operating business, including the potential appreciation of our stock following a business combination
    and our warrants would expire worthless.</FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">We are an emerging growth company and smaller reporting
    company within the meaning of the Securities Act, and if we take advantage of certain exemptions from disclosure requirements available
    to emerging growth companies, this could make our securities less attractive to investors and may make it more difficult to compare
    our performance with other public companies.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">Cyber incidents or attacks directed at us could result
    in information theft, data corruption, operational disruption and/or financial loss.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">This offering is not being conducted in compliance with
    Rule&nbsp;419 promulgated under the Securities Act. Accordingly, you will not be entitled to protections normally afforded to investors
    in Rule&nbsp;419 blank check offerings. For additional information concerning how Rule&nbsp;419 blank check offerings differ from
    this offering, please see &ldquo;Proposed Business &mdash; Comparison of This Offering to Those of Blank Check Companies Subject
    to Rule&nbsp;419.&rdquo;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<DIV STYLE="padding: 5pt; border: Black 1pt solid; width: 98%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_002"></A>SUMMARY FINANCIAL DATA</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table summarizes the relevant financial
data for our business and should be read with our financial statements, which are included in this prospectus. We have not had any significant
operations to date, and accordingly only balance sheet data is presented.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: Black 1pt solid; font-weight: bold; text-align: center">November&nbsp;30,<BR>
    2023</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Actual</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><B>As
    Adjusted<SUP>(1)</SUP></B></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left">Working
    capital</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 9%; text-align: right">4,130</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 9%; text-align: right">176,195,998</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Total
    assets</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">23,606</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">176,195,998</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Total
    liabilities</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">15,738</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">6,125,000</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: White">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Value
    of ordinary shares subject to possible redemption</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">-</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">175,000,000</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Shareholders&rsquo;
    equity (deficit)</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">7,868</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: right">(4,929,002</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: left">)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">The &ldquo;as adjusted&rdquo; information gives effect
    to the sale of the units we are offering and the sale of the private units including the application of the related gross proceeds
    and the payment of the estimated remaining costs from such sale and the repayment of the accrued and other liabilities required to
    be repaid, and assumes no exercise of the underwriters&rsquo; over-allotment option and that an aggregate of 656,250 founders&rsquo;
    shares have been forfeited as a result thereof. Also includes $1,188,130, or $991,250 if the over-allotment option is exercised in
    full, of net proceeds from this offering not held in the trust account (after giving effect to estimated offering costs), plus the
    $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, that the underwriters have agreed to pay us to reimburse
    us for certain of our expenses in connection with this offering and for expenses to be incurred by us following this offering as
    a public company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P> </DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_003"></A>RISK FACTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>An investment in our securities involves a
high degree of risk. You should consider carefully the risks described below, which we believe represent the material risks related to
the offering, together with the other information contained in this prospectus, before making a decision to invest in our units. This
prospectus also contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially
from those anticipated in the forward-looking statements as a result of specific factors, including the risks described below.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Risks Relating to Searching for and Consummating
a Business Combination</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we are unable to consummate a business combination,
our public shareholders may be forced to wait more than 24 months (or 27 months) before receiving distributions from the trust account.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have 24 months from the closing of this offering
in which to complete a business combination (or 27 months from the closing of this offering if we have executed a letter of intent, agreement
in principle or definitive agreement for an initial business combination within 24 months from the closing of this offering). We have
no obligation to return funds to investors prior to such date unless we consummate a business combination prior thereto and only then
in cases where investors have sought to convert or sell their shares to us. Only after the expiration of this full time period will public
security holders be entitled to distributions from the trust account if we are unable to complete a business combination. Accordingly,
investors&rsquo; funds may be unavailable to them until after such date and to liquidate your investment, public security holders may
be forced to sell their public shares or warrants, potentially at a loss.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>The requirement that we complete an initial
business combination within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed
a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the closing
of this offering) may give potential target businesses leverage over us in negotiating a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have 24 months from the closing of this offering
(or 27 months from the closing of this offering if we have executed a letter of intent, agreement in principle or definitive agreement
for an initial business combination within 24 months from the closing of this offering) to complete an initial business combination.
Any potential target business with which we enter into negotiations concerning a business combination will be aware of this requirement.
Consequently, such target business may obtain leverage over us in negotiating a business combination, knowing that if we do not complete
a business combination with that particular target business, we may be unable to complete a business combination with any other target
business. This risk will increase as we get closer to the time limit referenced above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our public shareholders may not be afforded
an opportunity to vote on our proposed business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will either (1) seek shareholder approval of our
initial business combination at a general meeting called for such purpose at which public shareholders may seek to convert their shares,
regardless of whether they vote for or against the proposed business combination or don&rsquo;t vote at all, into their pro rata share
of the aggregate amount then on deposit in the trust account (net of taxes payable), or (2) provide our public shareholders with the
opportunity to sell their shares to us by means of a tender offer (and thereby avoid the need for a shareholder vote) for an amount equal
to their pro rata share of the aggregate amount then on deposit in the trust account (net of taxes payable), in each case subject to
the limitations described elsewhere in this prospectus. Accordingly, it is possible that we will consummate our initial business combination
even if holders of a majority of our public shares do not approve of the business combination we consummate. The decision as to whether
we will seek shareholder approval of a proposed business combination or will allow shareholders to sell their shares to us in a tender
offer will be made by us, solely in our discretion, and will be based on a variety of factors such as the timing of the transaction and
whether the terms of the transaction would otherwise require us to seek shareholder approval. For instance, NYSE rules currently allow
us to engage in a tender offer in lieu of a general meeting but would still require us to obtain shareholder approval if we were seeking
to issue more than 20% of our outstanding shares to a target business as consideration in any business combination. Therefore, if we
were structuring a business combination that required us to issue more than 20% of our outstanding shares, we would seek shareholder
approval of such business combination instead of conducting a tender offer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our initial shareholders will control a substantial
interest in us and thus may influence certain actions requiring a shareholder vote.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Upon consummation of our offering, our initial shareholders
will own approximately 21.4% of our issued and outstanding ordinary shares (including the private shares and assuming they do not purchase
any units in this offering). None of our officers, directors, initial shareholders or their affiliates has indicated any intention to
purchase units in this offering or any units or ordinary shares from persons in the open market or in private transactions. However,
our officers, directors, initial shareholders or their affiliates could determine in the future to make such purchases in the open market
or in private transactions, to the extent permitted by law, in order to reduce the number of public shares being submitted for redemption.
In connection with any vote for a proposed business combination, our initial shareholders, as well as all of our officers and directors,
have agreed, subject to SEC rules, to vote the ordinary shares owned by them immediately before this offering as well as any ordinary
shares acquired in this offering or in the aftermarket (to the extent permitted by applicable securities laws) in favor of such proposed
business combination. As a result, if we sought shareholder approval of a proposed transaction we could need as little as 6,257,345 of
our 17,500,000 public shares (or approximately 35.8% of our public shares) to be voted in favor of the transaction in order to have such
transaction approved (assuming all shares are voted, the over-allotment option is not exercised, that the initial shareholders do not
purchase any units in this offering or units or shares in the after-market and that the 87,500 representative founder shares and all
522,813 private shares are voted in favor of the transaction). If only a minimum number of shares are voted to reach a quorum for the
meeting, we could need as little as 636,016 of our 17,500,000 public shares (or approximately 3.6% of our public shares) to be voted
in favor of the transaction in order to have such transaction approved (assuming the over-allotment option is not exercised, that the
initial shareholders do not purchase any units in this offering or units or shares in the after-market and that the 87,500 representative
founder shares and all 522,813 private shares are voted in favor of the transaction).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our board of directors is and will be divided into
three classes, each of which will generally serve for a term of three years with only one class of directors being elected in each year.
It is unlikely that there will be an annual general meeting to elect new directors prior to the consummation of a business combination,
in which case all of the current directors will continue in office until at least the consummation of the business combination. Accordingly,
you may not be able to exercise your voting rights under corporate law for up to 24 months (or 27 months). If there is an annual general
meeting, as a consequence of our &ldquo;staggered&rdquo; board of directors, only a minority of the board of directors will be considered
for election and our initial shareholders, because of their ownership position, will have considerable influence regarding the outcome.
Accordingly, our initial shareholders will continue to exert control at least until the consummation of a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Since we have not yet selected a particular
industry or target business with which to complete a business combination, we are unable to currently ascertain the merits or risks of
the industry or business in which we may ultimately operate.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Although we currently intend to focus on target businesses
in the infrastructure, E&amp;C, industrial and renewables industries, we may pursue an acquisition opportunity in any business industry
or sector we choose. Accordingly, there is no current basis for you to evaluate the possible merits or risks of the particular industry
in which we may ultimately operate or the target business which we may ultimately acquire. To the extent we complete a business combination
with a financially unstable company or an entity in its development stage, we may be affected by numerous risks inherent in the business
operations of those entities. If we complete a business combination with an entity in an industry characterized by a high level of risk,
we may be affected by the currently unascertainable risks of that industry. Although our management will endeavor to evaluate the risks
inherent in a particular industry or target business, we cannot assure you that we will properly ascertain or assess all of the significant
risk factors. We also cannot assure you that an investment in our units will not ultimately prove to be less favorable to investors in
this offering than a direct investment, if an opportunity were available, in a target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>The ability of our shareholders to exercise
their conversion rights or sell their shares to us in a tender offer may not allow us to effectuate the most desirable business combination
or optimize our capital structure.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If our business combination requires us to use substantially
all of our cash to pay the purchase price, because we will not know how many shareholders may exercise conversion rights or seek to sell
their shares to us in a tender offer, we may either need to reserve part of the trust account for possible payment upon such conversion,
or we may need to arrange third party financing to help fund our business combination. In the event that the acquisition involves the
issuance of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">our shares as consideration, we may be required to
issue a higher percentage of our shares to make up for a shortfall in funds. Raising additional funds to cover any shortfall may involve
dilutive equity financing or incurring indebtedness at higher than desirable levels. This may limit our ability to effectuate the most
attractive business combination available to us. The per-share amount we will distribute to shareholders who properly exercise their
conversion rights will not be reduced by the deferred underwriting commission and after such conversion, the per-share value of shares
held by non-converting shareholders will reflect our obligation to pay the deferred underwriting commissions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>In connection with any vote to approve a business
combination, we will offer each public shareholder the right to seek conversion of his, her or its shares regardless of how the shareholder
votes on the business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with any vote to approve a business
combination, we will offer each public shareholder (but not our initial shareholders, officers, directors and holders of private placement
units) the right to have his, her or its ordinary shares converted to cash (subject to the limitations described elsewhere in this prospectus)
regardless of whether such shareholder votes for or against such proposed business combination or does not vote at all. The ability to
seek conversion while voting in favor of our proposed business combination may make it more likely that we will consummate a business
combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We do not have a specified maximum conversion
threshold. The absence of such a conversion threshold may make it easier for us to consummate a business combination even where a substantial
number of public shareholders seek to convert their shares to cash in connection with the vote on the business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have no specified percentage threshold for conversion
in our amended and restated memorandum and articles of association. We also do not have any type of net tangible asset requirement like
some other similarly structured blank check companies. As a result, we may be able to consummate a business combination even though a
substantial number of our public shareholders do not agree with the transaction and have converted their shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>In connection with any general meeting called
to approve a proposed initial business combination, we may require shareholders who wish to convert their shares in connection with a
proposed business combination to comply with specific requirements for conversion that may make it more difficult for them to exercise
their conversion rights prior to the deadline for exercising their rights.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with any general meeting called to
approve a proposed initial business combination, each public shareholder will have the right, regardless of whether he is voting for
or against such proposed business combination or does not vote at all, to demand that we convert his shares into a pro rata share of
the trust account as of two business days prior to the consummation of the initial business combination. We may require public shareholders
who wish to convert their shares in connection with a proposed business combination to either (i) tender their certificates to our transfer
agent or (ii) deliver their shares to the transfer agent electronically using the Depository Trust Company&rsquo;s DWAC (Deposit/Withdrawal
At Custodian) System, at the holders&rsquo; option, in each case prior to a date set forth in the tender offer documents or proxy materials
sent in connection with the proposal to approve the business combination. In order to obtain a physical share certificate, a shareholder&rsquo;s
broker and/or clearing broker, DTC and our transfer agent will need to act to facilitate this request. It is our understanding that shareholders
should generally allot at least two weeks to obtain physical certificates from the transfer agent. However, because we do not have any
control over this process or over the brokers or DTC, it may take significantly longer than two weeks to obtain a physical share certificate.
While we have been advised that it takes a short time to deliver shares through the DWAC System, we cannot assure you of this fact. Accordingly,
if it takes longer than we anticipate for shareholders to deliver their shares, shareholders who wish to convert may be unable to meet
the deadline for exercising their conversion rights and thus may be unable to convert their shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If, in connection with any general meeting
called to approve a proposed business combination, we require public shareholders who wish to convert their shares to comply with specific
requirements for conversion, such converting shareholders may be unable to sell their securities when they wish to in the event that
the proposed business combination is not approved.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we require public shareholders who wish to convert
their shares to comply with specific requirements for conversion and such proposed business combination is not consummated, we will promptly
return such certificates to the tendering public shareholders. Accordingly, investors who attempted to convert their shares in such a
circumstance will be</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">unable to sell their securities after the failed
acquisition until we have returned their securities to them. The market price for our ordinary shares may decline during this time and
you may not be able to sell your securities when you wish to, even while other shareholders that did not seek conversion may be able
to sell their securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because of our structure, other companies may
have a competitive advantage and we may not be able to consummate an attractive business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We expect to encounter intense competition from entities
other than blank check companies having a business objective similar to ours, including venture capital funds, leveraged buyout funds
and operating businesses competing for acquisitions. Many of these entities are well established and have extensive experience in identifying
and effecting business combinations directly or through affiliates. Many of these competitors possess greater technical, human and other
resources than we do and our financial resources will be relatively limited when contrasted with those of many of these competitors.
While we believe that there are numerous potential target businesses that we could acquire with the net proceeds of this offering, our
ability to compete in acquiring certain sizable target businesses will be limited by our available financial resources. This inherent
competitive limitation gives others an advantage in pursuing the acquisition of certain target businesses. Furthermore, seeking shareholder
approval or engaging in a tender offer in connection with any proposed business combination may delay the consummation of such a transaction.
Additionally, our outstanding warrants, and the future dilution they potentially represent, may not be viewed favorably by certain target
businesses. Any of the foregoing may place us at a competitive disadvantage in successfully negotiating a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because we must furnish our shareholders with
target business financial statements prepared in accordance with U.S. generally accepted accounting principles or international financial
reporting standards, we will not be able to complete a business combination with prospective target businesses unless their financial
statements are prepared in accordance with U.S. generally accepted accounting principles or international financial reporting standards.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The federal proxy rules require that a proxy statement
with respect to a vote on a business combination meeting certain financial significance tests include historical and/or pro forma financial
statement disclosure in periodic reports. These financial statements may be required to be prepared in accordance with, or be reconciled
to, accounting principles generally accepted in the United States of America, or GAAP, or international financial reporting standards,
or IFRS, depending on the circumstances, and the historical financial statements may be required to be audited in accordance with the
standards of the Public Company Accounting Oversight Board (United States), or PCAOB. We will include the same financial statement disclosure
in connection with any tender offer documents we use, whether or not they are required under the tender offer rules. Additionally, to
the extent we furnish our shareholders with financial statements prepared in accordance with IFRS, such financial statements will likely
need to be audited in accordance with U.S. GAAP at the time of the consummation of the business combination. These financial statement
requirements may limit the pool of potential target businesses we may acquire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>A provision of our warrant agreement may make
it more difficult for us to consummate an initial business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">we issue additional ordinary shares or equity-linked
    securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective
    issue price of less than $9.20 per ordinary share,</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">the aggregate gross proceeds from such issuances represent
    more than 60% of the total equity proceeds, and interest thereon, available for the funding of our initial business combination on
    the date of the consummation of our initial business combination (net of redemptions), and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">the Market Value is below $9.20 per share,</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">then the exercise price of the warrants will be adjusted
to be equal to 115% of the higher of the Market Value and the price at which we issue the additional ordinary shares or equity-linked
securities. This may make it more difficult for us to consummate an initial business combination with a target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may issue shares or debt securities to complete
a business combination, which would reduce the equity interest of our shareholders and likely cause a change in control of our company.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date of this prospectus, our amended and
restated memorandum and articles of association authorizes the issuance of up to 200,000,000 ordinary shares, par value $0.0001 per share,
and 1,000,000 preference shares, par value $0.0001 per share. Immediately after this offering and the purchase of the private units (assuming
no exercise of the underwriters&rsquo; over-allotment option), there will be 168,503,281 authorized but unissued ordinary shares available
for issuance (after appropriate reservation for the issuance of the shares underlying the private units and public and private warrants).
Although we have no commitment as of the date of this offering, we may issue a substantial number of additional ordinary shares or preference
shares, or a combination of ordinary shares and preference shares, to complete a business combination. The issuance of additional ordinary
shares will not reduce the per-share conversion amount in the trust account. The issuance of additional ordinary shares or preference
shares:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">may significantly reduce the equity interest of investors
    in this offering;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">may subordinate the rights of holders of ordinary shares
    if we issue preference shares with rights senior to those afforded to our ordinary shares;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">may cause a change in control if a substantial number
    of ordinary shares are issued, which may affect, among other things, our ability to use our net operating loss carry forwards, if
    any, and could result in the resignation or removal of our present officers and directors; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">may adversely affect prevailing market prices for our
    ordinary shares.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Similarly, if we issue debt securities, it could
result in:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">default and foreclosure on our assets if our operating
    revenues after a business combination are insufficient to repay our debt obligations;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">acceleration of our obligations to repay the indebtedness
    even if we make all principal and interest payments when due if we breach certain covenants that require the maintenance of certain
    financial ratios or reserves without a waiver or renegotiation of that covenant;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">our immediate payment of all principal and accrued interest,
    if any, if the debt security is payable on demand; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">our inability to obtain necessary additional financing
    if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we incur indebtedness, our lenders will not have
a claim on the cash in the trust account and such indebtedness will not decrease the per-share conversion amount in the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may be unable to obtain additional financing,
if required, to complete a business combination or to fund the operations and growth of the target business, which could compel us to
restructure or abandon a particular business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Although we believe that the net proceeds of this
offering will be sufficient to allow us to consummate a business combination, because we have not yet identified any prospective target
business, we cannot ascertain the capital requirements for any particular transaction. If the net proceeds of this offering prove to
be insufficient, either because of the size of the business combination, the depletion of the available net proceeds in search of a target
business, or the obligation to convert into cash a significant number of shares from shareholders, we will be required to seek additional
financing. Such financing may not be available on acceptable terms, if at all. To the extent that additional financing proves to be unavailable
when needed to consummate a particular business combination, we would be compelled to either restructure the transaction or abandon that
particular business combination and seek an alternative target business candidate. In addition, if we consummate a business combination,
we may require additional financing to fund the operations or growth of the target business. The failure to secure additional financing
could have a material adverse effect on the continued development or growth of the target business. None of our officers, directors or
shareholders is required to provide any financing to us in connection with or after a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If the net proceeds of this offering not being
held in trust are insufficient to allow us to operate for at least the next 24 months (or 27 months from the closing of this offering
if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24
months from the closing of this offering), we may be unable to complete a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Of the net proceeds of this offering, $1,188,130,
or $991,250 if the over-allotment option is exercised in full, will be initially available to us outside the trust account to fund our
working capital requirements. However, the underwriters have agreed to make a payment to us in an amount equal to $1,312,500, or $1,509,375
if the over-allotment option is exercised in full, to reimburse us for certain of our expenses in connection with this offering and for
expenses to be incurred by us following this offering as a public company. This will increase the amount available to us outside the
trust account to fund our working capital requirements. We believe that, upon closing of this offering, such funds will be sufficient
to allow us to operate for at least the next 24 months (or 27 months from the closing of this offering if we have executed a letter of
intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the closing of this
offering); however, we cannot assure you that our estimate is accurate. Accordingly, if we use all of the funds held outside of the trust
account and all interest available to us, we may not have sufficient funds available with which to structure, negotiate or close an initial
business combination. In such event, we would need to borrow funds from our initial shareholders, officers or directors or their affiliates
to operate or may be forced to liquidate. Our initial shareholders, officers, directors and their affiliates may, but are not obligated
to, loan us funds, from time to time or at any time, in whatever amount that they deem reasonable in their sole discretion for our working
capital needs. Each loan would be evidenced by a promissory note. The notes would either be paid upon consummation of our initial business
combination, without interest, or, at holder&rsquo;s discretion, up to $1,500,000 of the notes may be converted into units at a price
of $10.00 per unit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may not obtain a fairness opinion with respect
to the target business that we seek to acquire and therefore you may be relying solely on the judgment of our board of directors in approving
a proposed business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will only be required to obtain a fairness opinion
with respect to the target business that we seek to acquire if it is an entity that is affiliated with any of our initial shareholders,
officers, directors or their affiliates. In all other instances, we will have no obligation to obtain an opinion. Accordingly, investors
will be relying solely on the judgment of our board of directors in approving a proposed business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Resources could be spent researching acquisitions
that are not consummated, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">It is anticipated that the investigation of each
specific target business and the negotiation, drafting, and execution of relevant agreements, disclosure documents, and other instruments
will require substantial management time and attention and substantial costs for accountants, attorneys and others. If a decision is
made not to complete a specific business combination, the costs incurred up to that point for the proposed transaction likely would not
be recoverable. Furthermore, even if an agreement is reached relating to a specific target business, we may fail to consummate the business
combination for any number of reasons including those beyond our control. Any such event will result in a loss to us of the related costs
incurred which could materially adversely affect subsequent attempts to locate and acquire or merge with another business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may only be able to complete one business
combination with the proceeds of this offering, which will cause us to be solely dependent on a single business which may have a limited
number of products or services.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">It is likely we will consummate a business combination
with a single target business, although we have the ability to simultaneously acquire several target businesses. By consummating a business
combination with only a single entity, our lack of diversification may subject us to numerous economic, competitive and regulatory developments.
Further, we would not be able to diversify our operations or benefit from the possible spreading of risks or offsetting of losses, unlike
other entities which may have the resources to complete several business combinations in different industries or different areas of a
single industry. Accordingly, the prospects for our success may be:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">solely dependent upon the performance of a single business,
    or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">dependent upon the development or market acceptance of
    a single or limited number of products, processes or services.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This lack of diversification may subject us to numerous
economic, competitive and regulatory developments, any or all of which may have a substantial adverse impact upon the particular industry
in which we may operate subsequent to a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Alternatively, if we determine to simultaneously
acquire several businesses and such businesses are owned by different sellers, we will need for each of such sellers to agree that our
purchase of its business is contingent on the simultaneous closings of the other business combinations, which may make it more difficult
for us, and delay our ability, to complete the business combination. With multiple business combinations, we could also face additional
risks, including additional burdens and costs with respect to possible multiple negotiations and due diligence investigations (if there
are multiple sellers) and the additional risks associated with the subsequent assimilation of the operations and services or products
of the acquired companies in a single operating business. If we are unable to adequately address these risks, it could negatively impact
our profitability and results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our search for an initial business combination,
and any target business with which we ultimately consummate an initial business combination, may be materially adversely affected by
new outbreaks, or continuation of any existing outbreaks, of any infectious disease (such as COVID-19) and other events, and the status
of debt and equity markets.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any new outbreaks, or continuation of any existing
outbreaks, of any infectious disease (such as COVID-19) or other events (such as terrorist attacks, armed conflicts or natural disasters)
could adversely affect the economies and financial markets worldwide, and the business of any potential target business with which we
consummate an initial business combination could be materially and adversely affected. Furthermore, we may be unable to complete an initial
business combination if concerns relating to any outbreak of a disease restricts travel or limits the ability to have meetings with potential
investors or the target company&rsquo;s personnel, vendors and services providers. The extent to which any new outbreak or the continuation
of any existing situation impacts our search for an initial business combination will depend on future developments, which are highly
uncertain and cannot be predicted. If any such event (such as terrorist attacks, natural disasters or a significant outbreak of other
infectious diseases) continues for an extensive period of time, our ability to consummate an initial business combination, or the operations
of a target business with which we ultimately consummate an initial business combination, may be materially adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, our ability to consummate a transaction
may be dependent on the ability to raise equity and debt financing which may be impacted by outside events (such as terrorist attacks,
natural disasters or a significant outbreak of infectious diseases), including as a result of increased market volatility, decreased
market liquidity in third-party financing being unavailable on terms acceptable to us or at all.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>As the number of special purpose acquisition
companies evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets.
This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate
an initial business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since the fourth quarter of 2020, the number of special
purpose acquisition companies that have been formed has increased substantially. Many potential targets for special purpose acquisition
companies have already entered into an initial business combination, and there are still many special purpose acquisition companies seeking
targets for their initial business combination, as well as many such companies currently in registration. As a result, at times, fewer
attractive targets may be available, and it may require more time, more effort and more resources to identify a suitable target and to
consummate an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, because there are more special purpose
acquisition companies seeking to enter into an initial business combination with available targets, the competition for available targets
with attractive fundamentals or business models may increase, which could cause targets companies to demand improved financial terms.
Attractive deals could also become scarcer for other reasons, such as economic or industry sector downturns, geopolitical tensions, or
increases in the cost of additional capital needed to close business combinations or operate targets post-business combination. This
could increase the cost of, delay or otherwise complicate or frustrate our ability to find and consummate an initial business combination,
and may result in our inability to consummate an initial business combination on terms favorable to our investors altogether.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Changes in the market for directors and officers
liability insurance could make it more difficult and more expensive for us to negotiate and complete an initial business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The market for directors and officers liability insurance
for special purpose acquisition companies is subject to continual change. For instance, the premiums charged for such policies in recent
years have generally increased and the terms of such policies have generally become less favorable. There can be no assurance that these
trends will not continue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The increased cost and decreased availability of
directors and officers liability insurance could make it more difficult and more expensive for us to negotiate an initial business combination.
In order to obtain directors and officers liability insurance or modify its coverage as a result of becoming a public company, the post-business
combination entity might need to incur greater expense, accept less favorable terms or both. However, any failure to obtain adequate
directors and officers liability insurance could have an adverse impact on the post-business combination&rsquo;s ability to attract and
retain qualified officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, even after we were to complete an initial
business combination, our directors and officers could still be subject to potential liability from claims arising from conduct alleged
to have occurred prior to the initial business combination. As a result, in order to protect our directors and officers, the post-business
combination entity will likely need to purchase additional insurance with respect to any such claims (&ldquo;run-off insurance&rdquo;).
The need for run-off insurance would be an added expense for the post-business combination entity, and could interfere with or frustrate
our ability to consummate an initial business combination on terms favorable to our investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If our initial business combination involves
a company organized under the laws of a state of the United States, it is possible a 1% U.S. federal excise tax will be imposed on us
in connection with redemptions of our ordinary shares after or in connection with such initial business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August&nbsp;16, 2022, the Inflation Reduction
Act of 2022 became law in the United States, which, among other things, imposes a 1% excise tax on the fair market value of certain repurchases
(including certain redemptions) of shares by publicly traded domestic (i.e., United States) corporations (and certain non-U.S. corporations
treated as &ldquo;surrogate foreign corporations&rdquo;). The excise tax will apply to share repurchases occurring in 2023 and beyond.
The amount of the excise tax is generally 1% of the fair market value of the shares repurchased at the time of the repurchase. The U.S.
Department of the Treasury has been given authority to provide regulations and other guidance to carry out, and prevent the abuse or
avoidance of, the excise tax. For instance, the U.S. Department of the Treasury recently issued guidance clarifying when certain repurchases
would be exempt from the excise tax, such as where the repurchases occur in the same year that the repurchasing company undertakes a
complete liquidation (as described in Section&nbsp;331 of the Internal Revenue Code). However, only limited guidance has been issued
to date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As an entity incorporated as a Cayman Islands exempted
company, the 1% excise tax is not expected to apply to redemptions of our ordinary shares (absent any regulations and other additional
guidance that may be issued in the future with retroactive effect). However, in connection with an initial business combination involving
a company organized under the laws of the United States, it is possible that we domesticate and continue as a U.S. corporation prior
to certain redemptions and, because our securities are trading on the NYSE, it is possible that we will be subject to the excise tax
with respect to any subsequent redemptions, including redemptions in connection with the initial business combination, that are treated
as repurchases for this purpose (other than, pursuant to recently issued guidance from the U.S. Department of the Treasury, redemptions
in complete liquidation of the company). In all cases, the extent of the excise tax that may be incurred will depend on a number of factors,
including the fair market value of our shares redeemed, the extent such redemptions could be treated as dividends and not repurchases,
and the content of any regulations and other additional guidance from the U.S. Department of the Treasury that may be issued and applicable
to the redemptions. Issuances of shares by a repurchasing company in a year in which such company repurchases shares may reduce the amount
of excise tax imposed with respect to such repurchase. The excise tax is imposed on the repurchasing company itself, not the shareholders
from which shares are repurchased. The imposition of the excise tax as a result of redemptions in connection with the initial business
combination or in connection with any extension of time to consummate an initial business combination could, however, reduce the amount
of cash available to pay redemptions or reduce the cash contribution to the target business in connection with our initial business combination,
which could cause the other shareholders of the combined company to economically bear the impact of such excise tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Risks Relating to the Post-Business Combination
Company</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our ability to successfully effect a business
combination and to be successful thereafter will be totally dependent upon the efforts of our key personnel, some of whom may join us
following a business combination. While we intend to closely scrutinize any individuals we engage after a business combination, we cannot
assure you that our assessment of these individuals will prove to be correct.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our ability to successfully effect a business combination
is dependent upon the efforts of our key personnel. We believe that our success depends on the continued service of our key personnel,
at least until we have consummated our initial business combination. We cannot assure you that any of our key personnel will remain with
us for the immediate or foreseeable future. In addition, none of our officers is required to commit any specified amount of time to our
affairs and, accordingly, our officers will have conflicts of interest in allocating management time among various business activities,
including identifying potential business combinations and monitoring the related due diligence. We do not have employment agreements
with, or key-man insurance on the life of, any of our officers. The unexpected loss of the services of our key personnel could have a
detrimental effect on us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The role of our key personnel after a business combination,
however, cannot presently be ascertained. Although some of our key personnel may serve in senior management or advisory positions following
a business combination, it is likely that most, if not all, of the management of the target business will remain in place. While we intend
to closely scrutinize any individuals we engage after a business combination, we cannot assure you that our assessment of these individuals
will prove to be correct. These individuals may be unfamiliar with the requirements of operating a public company which could cause us
to have to expend time and resources helping them become familiar with such requirements. This could be expensive and time-consuming
and could lead to various regulatory issues which may adversely affect our operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our officers and directors may not have significant
experience or knowledge regarding the jurisdiction or industry of the target business we may seek to acquire.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may consummate a business combination with a target
business in any geographic location or industry we choose. We cannot assure you that our officers and directors will have enough experience
or have sufficient knowledge relating to the jurisdiction of the target or its industry to make an informed decision regarding a business
combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we do not conduct an adequate due diligence
investigation of a target business, we may be required to subsequently take write-downs or write-offs, restructuring, and impairment
or other charges that could have a significant negative effect on our financial condition, results of operations and our share price,
which could cause you to lose some or all of your investment.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We must conduct a due diligence investigation of
the target businesses we intend to acquire. Intensive due diligence is time consuming and expensive due to the operations, accounting,
finance and legal professionals who must be involved in the due diligence process. Even if we conduct extensive due diligence on a target
business, this diligence may not reveal all material issues that may affect a particular target business, and factors outside the control
of the target business and outside of our control may later arise. If our diligence fails to identify issues specific to a target business,
industry or the environment in which the target business operates, we may be forced to later write-down or write-off assets, restructure
our operations, or incur impairment or other charges that could result in our reporting losses. Even though these charges may be non-cash
items and not have an immediate impact on our liquidity, the fact that we report charges of this nature could contribute to negative
market perceptions about us or our ordinary shares. In addition, charges of this nature may cause us to violate net worth or other covenants
to which we may be subject as a result of assuming pre-existing debt held by a target business or by virtue of our obtaining post-combination
debt financing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we effect a business combination with a
company located in a foreign jurisdiction, we would be subject to a variety of additional risks that may negatively impact our operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we consummate a business combination with a target
business in a foreign country, we would be subject to any special considerations or risks associated with companies operating in the
target business&rsquo; home jurisdiction, including any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">rules and regulations or currency conversion or corporate
    withholding taxes on individuals;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">tariffs and trade barriers;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
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    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">regulations related to customs and import/export matters;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">longer payment cycles;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">tax issues, such as tax law changes and variations in
    tax laws as compared to the United States;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">currency fluctuations and exchange controls;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">challenges in collecting accounts receivable;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">cultural and language differences;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">employment regulations;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">crime, strikes, riots, civil disturbances, terrorist
    attacks and wars; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">deterioration of political relations with the United
    States.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We cannot assure you that we would be able to adequately
address these additional risks. If we were unable to do so, our operations might suffer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we effect a business combination with a
company located outside of the United States, the laws applicable to such company will likely govern all of our material agreements and
we may not be able to enforce our legal rights.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we effect a business combination with a company
located outside of the United States, the laws of the country in which such company operates will govern almost all of the material agreements
relating to its operations. We cannot assure you that the target business will be able to enforce any of its material agreements or that
remedies will be available in this new jurisdiction. The system of laws and the enforcement of existing laws in such jurisdiction may
not be as certain in implementation and interpretation as in the United States. The inability to enforce or obtain a remedy under any
of our future agreements could result in a significant loss of business, business opportunities or capital. Additionally, if we acquire
a company located outside of the United States, it is likely that substantially all of our assets would be located outside of the United
States and some of our officers and directors might reside outside of the United States. As a result, it may not be possible for investors
in the United States to enforce their legal rights, to effect service of process upon our directors or officers or to enforce judgments
of United States courts predicated upon civil liabilities and criminal penalties of our directors and officers under federal securities
laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may not be able to complete an initial business
combination with a U.S. target company if such a transaction is subject to U.S. foreign investment regulations and review by a U.S. government
entity such as CFIUS, or ultimately prohibited.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we seek to consummate an initial business combination
with a target business located in the United States, it is possible that such a business combination may be subject to review by government
entities such as CFIUS, the scope of which was expanded by the Foreign Investment Risk Review Modernization Act of 2018 (&ldquo;FIRRMA&rdquo;),
to include certain non-passive, non-controlling investments in sensitive U.S. businesses and certain acquisitions of real estate even
with no underlying U.S. business. FIRRMA, and subsequent implementing regulations that are now in force, also subjects certain categories
of investments to mandatory filings. If an initial business combination falls within CFIUS&rsquo;s jurisdiction, we may determine that
we are required to make a mandatory filing or that we will submit a voluntary notice to CFIUS, or to proceed with the initial business
combination without notifying CFIUS and risk CFIUS intervention, before or after closing the initial business combination. CFIUS may
decide to block or delay our initial business combination, impose conditions to mitigate national security concerns with respect to such
initial business combination or order us to divest all or a portion of a U.S. business of the combined company without first obtaining
CFIUS clearance, which may limit the attractiveness of or prevent us from pursuing certain initial business combination opportunities
that we believe would otherwise be beneficial to us and our shareholders. As a result, the pool of potential targets with which we could
complete an initial business combination may be limited and we may be adversely affected in terms of competing with other special purpose
acquisition companies which do not have similar foreign ownership issues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Moreover, the process of government review, whether
by CFIUS or otherwise, could be lengthy. If we cannot complete our initial business combination within 24 months from the closing of
this offering (or 27 months from the closing of this offering if we have executed a letter of intent, agreement in principle or definitive
agreement for an initial business</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">combination within 24 months from the closing of
this offering) because the review process drags on beyond such timeframe or because our initial business combination is ultimately prohibited
by CFIUS or another U.S. government entity, we may be required to liquidate. This will also cause you to lose the investment opportunity
in a target company and the chance of realizing future gains on your investment through any price appreciation in the combined company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because of the costs and difficulties inherent
in managing cross-border business operations, our results of operations may be negatively impacted.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Managing a business, operations, personnel or assets
in another country is challenging and costly. Any management that we may have (whether based abroad or in the U.S.) may be inexperienced
in cross-border business practices and unaware of significant differences in accounting rules, legal regimes and labor practices. Even
with a seasoned and experienced management team, the costs and difficulties inherent in managing cross-border business operations, personnel
and assets can be significant (and much higher than in a purely domestic business) and may negatively impact our financial and operational
performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If social unrest, acts of terrorism, regime
changes, changes in laws and regulations, political upheaval, or policy changes or enactments occur in a country in which we may operate
after we effect our initial business combination, it may result in a negative impact on our business.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Political events in another country may significantly
affect our business, assets or operations. Social unrest, acts of terrorism, regime changes, changes in laws and regulations, political
upheaval, and policy changes or enactments could negatively impact our business in a particular country.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The economic, political, and social conditions, as
well as government policies, of the country in which our potential target&rsquo;s operations are located could affect our business. The
economy in such target&rsquo;s country may differ greatly from the economies of most developed countries in many respects. Such country&rsquo;s
economic growth may be uneven, both geographically and among various sectors of the economy, and such growth may not be sustained in
the future. If in the future such target&rsquo;s country&rsquo;s economy experiences a downturn or grows at a slower rate than expected,
there may be less demand for spending in certain industries. A decrease in demand for spending in certain industries could materially
and adversely affect the ability of that target business to become profitable after our initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Many countries have difficult and unpredictable
legal systems and underdeveloped laws and regulations that are unclear and subject to corruption and inexperience, which may adversely
impact our results of operations and financial condition.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our ability to seek and enforce legal protections,
including with respect to intellectual property and other property rights, or to defend ourselves with regard to legal actions taken
against us in a given country, may be difficult or impossible, which could adversely impact our operations, assets or financial condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Rules and regulations in many countries are often
ambiguous or open to differing interpretation by responsible individuals and agencies at the municipal, state, regional and federal levels.
The attitudes and actions of such individuals and agencies are often difficult to predict and inconsistent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Delay with respect to the enforcement of particular
rules and regulations, including those relating to customs, tax, environmental and labor, could cause serious disruption to operations
abroad and negatively impact our results.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we acquire a company operating in the infrastructure,
E&amp;C, industrial and renewables industries, our future operations may be subject to risks associated with this sector.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While we may pursue an initial business combination
target in any stage of its corporate evolution or in any industry or sector, we currently intend to concentrate our efforts in identifying
businesses in the infrastructure, E&amp;C, industrial and renewables industries. Because we have not yet identified or approached any
specific target business, we cannot provide specific risks of any business combination. However, risks inherent in investments in these
industries may include, but are not limited to, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">adverse changes in international, national, regional
    or local economic, demographic and market conditions;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">competition from other companies and businesses in the
    infrastructure, E&amp;C, industrial and renewables industries;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">the ability to develop successful new products or improve
    existing ones;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">changes in technology rendering our products or services
    obsolete following a business combination;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">the disruption or failure of our networks, systems, platform
    or technology that frustrate or thwart our users&rsquo; ability to access our products and services, which may cause our users, advertisers,
    and partners to cut back on or stop using our products and services altogether, which could harm our business;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">fluctuations in interest rates, which could adversely
    affect the ability of buyers and tenants of properties to obtain financing on favorable terms or at all;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">mobile malware, viruses, ransomware, hacking and phishing
    attacks, spamming, and improper or illegal use of our products, which could harm our business and reputation;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">litigation and other legal proceedings;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">the ability to attract and retain highly skilled employees;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">environmental risks;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">civil unrest, labor strikes, acts of God, including earthquakes,
    floods and other natural disasters and acts of war or terrorism, which may result in uninsured losses;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">increasing governmental regulation; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">failure to comply with governmental regulations resulting
    in the imposition of penalties, fines or restrictions on operations and remedial liabilities.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any of the foregoing could have an adverse impact
on our operations following a business combination. However, our efforts in identifying prospective target businesses will not be limited
to companies in the infrastructure, E&amp;C, industrial and renewables industries. Accordingly, if we acquire a target business in another
industry, these risks we will be subject to risks attendant with the specific industry in which we operate or target business which we
acquire, which may or may not be different than those risks listed above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>There may be tax consequences to our business
combinations that may adversely affect us.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While we expect to undertake any merger or acquisition
so as to minimize taxes both to the acquired business and/or assets and us, such business combination might not meet the statutory requirements
of a tax-free reorganization, or the parties might not obtain the intended tax-free treatment upon a transfer of shares or assets. A
non-qualifying reorganization could result in the imposition of substantial taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Risks Relating to Potential Conflicts of Interest
of our Management, Directors, and Others</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our officers and directors will allocate their
time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This
could have a negative impact on our ability to consummate a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our officers and directors will not commit their
full time to our affairs. We presently expect each of our officers and directors to devote such amount of time as they reasonably believe
is necessary to our business. We do not intend to have any full-time employees prior to the consummation of our initial business combination.
The foregoing could have a negative impact on our ability to consummate our initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our officers and directors may have a conflict
of interest in determining whether a particular target business is appropriate for a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders have waived their right
to convert the founders&rsquo; shares or any other shares purchased in this offering or thereafter, or to receive distributions from
the trust account with respect to the founders&rsquo; shares upon our liquidation if we are unable to consummate a business combination.
Accordingly, the shares acquired prior to this offering, as well as the private units and any warrants purchased by our officers or directors
in the aftermarket, will be</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">worthless if we do not consummate a business combination.
The personal and financial interests of our directors and officers may influence their motivation in timely identifying and selecting
a target business and completing a business combination and in determining whether the terms, conditions and timing of a particular business
combination are appropriate and in our shareholders&rsquo; best interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our officers and directors or their affiliates
have pre-existing fiduciary and contractual obligations and may in the future become affiliated with other entities engaged in business
activities similar to those intended to be conducted by us. Accordingly, they may have conflicts of interest in determining to which
entity a particular business opportunity should be presented.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our officers and directors or their affiliates have
pre-existing fiduciary and contractual obligations to other companies. Accordingly, they may participate in transactions and have obligations
that may be in conflict or competition with our consummation of our initial business combination. As a result, a potential target business
may be presented by our management team to another entity prior to its presentation to us and we may not be afforded the opportunity
to engage in a transaction with such target business. Additionally, our officers and directors may in the future become affiliated with
entities that are engaged in a similar business, including another blank check company that may have acquisition objectives that are
similar to ours. Accordingly, they may have conflicts of interest in determining to which entity a particular business opportunity should
be presented. These conflicts may not be resolved in our favor and a potential target business may be presented to other entities prior
to its presentation to us, subject to our officers&rsquo; and directors&rsquo; fiduciary duties under Cayman Islands law. For a more
detailed description of our officers&rsquo; and directors&rsquo; business affiliations and the potential conflicts of interest that you
should be aware of, see the sections titled &ldquo;<I>Management &mdash; Directors and Executive Officers&rdquo; and &ldquo;Management
&mdash; Conflicts of Interest.</I>&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our key personnel may negotiate employment
or consulting agreements with a target business in connection with a particular business combination. These agreements may provide for
them to receive compensation following a business combination and as a result, may cause them to have conflicts of interest in determining
whether a particular business combination is the most advantageous.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our key personnel will be able to remain with the
company after the consummation of a business combination only if they are able to negotiate employment or consulting agreements or other
appropriate arrangements in connection with the business combination. Such negotiations would take place simultaneously with the negotiation
of the business combination and could provide for such individuals to receive compensation in the form of cash payments and/or our securities
for services they would render to the company after the consummation of the business combination. The personal and financial interests
of such individuals may influence their motivation in identifying and selecting a target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Risks Relating to our Securities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we do not file and maintain a current and
effective prospectus relating to the ordinary shares issuable upon exercise of the warrants, holders will only be able to exercise such
warrants on a &ldquo;cashless basis.&rdquo;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we do not file and maintain a current and effective
prospectus relating to the ordinary shares issuable upon exercise of the warrants at the time that holders wish to exercise such warrants,
they will only be able to exercise them on a &ldquo;cashless basis&rdquo; provided that an exemption from registration is available.
As a result, the number of ordinary shares that holders will receive upon exercise of the warrants will be fewer than it would have been
had such holder exercised his warrant for cash. Further, if an exemption from registration is not available, holders would not be able
to exercise on a cashless basis and would only be able to exercise their warrants for cash if a current and effective prospectus relating
to the ordinary shares issuable upon exercise of the warrants is available. Under the terms of the warrant agreement, we have agreed
to use our best efforts to meet these conditions and to file and maintain a current and effective prospectus relating to the ordinary
shares issuable upon exercise of the warrants until the expiration of the warrants. However, we cannot assure you that we will be able
to do so. If we are unable to do so, the potential &ldquo;upside&rdquo; of the holder&rsquo;s investment in our company may be reduced
or the warrants may expire worthless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>An investor will only be able to exercise a
warrant if the issuance of ordinary shares upon such exercise has been registered or qualified or is deemed exempt under the securities
laws of the state of residence of the holder of the warrants.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No warrants will be exercisable and we will not be
obligated to issue ordinary shares unless the ordinary shares issuable upon such exercise has been registered or qualified or deemed
to be exempt under the securities laws of the state of residence of the holder of the warrants. If the ordinary shares issuable upon
exercise of the warrants are not qualified or exempt from qualification in the jurisdictions in which the holders of the warrants reside,
the warrants may be deprived of any value, the market for the warrants may be limited and they may expire worthless if they cannot be
sold.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may amend the terms of the warrants in a
manner that may be adverse to holders with the approval by the holders of at least a majority of the then outstanding warrants.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our warrants will be issued in registered form under
a warrant agreement between Equiniti Trust Company, LLC, as warrant agent, and us. The warrant agreement provides that the terms of the
warrants may be amended without the consent of any holder to cure any ambiguity or correct any defective provision. The warrant agreement
requires the approval by the holders of at least a majority of the then outstanding warrants in order to make any change that adversely
affects the interests of the registered holders. The purchasers of the private units will be entitled to vote the private warrants included
in the private units on any such change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If third parties bring claims against us, the
proceeds held in trust could be reduced and the per-share redemption price received by shareholders may be less than $10.00.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our placing of funds in trust may not protect those
funds from third party claims against us. Although we will seek to have all vendors and service providers we engage and prospective target
businesses we negotiate with execute agreements with us waiving any right, title, interest or claim of any kind in or to any monies held
in the trust account for the benefit of our public shareholders, they may not execute such agreements. Furthermore, even if such entities
execute such agreements with us, they may seek recourse against the trust account. A court may not uphold the validity of such agreements.
Accordingly, the proceeds held in trust could be subject to claims which could take priority over those of our public shareholders. If
we are unable to complete a business combination and distribute the proceeds held in trust to our public shareholders, Crescendo Advisors
LLC, an entity affiliated with Mr.&nbsp;Rosenfeld, has agreed (subject to certain exceptions described elsewhere in this prospectus)
that it will be liable to ensure that the proceeds in the trust account are not reduced below $10.00 per share by the claims of target
businesses or claims of vendors or other entities that are owed money by us for services rendered or contracted for or products sold
to us. However, we have not independently verified whether Crescendo Advisors LLC has sufficient funds to satisfy its indemnity obligations,
we have not asked it to reserve for such obligations and we do not believe it has any significant liquid assets. Accordingly, we believe
it is unlikely that it will be able to satisfy its indemnification obligations if it is required to do so. As a result, the per-share
distribution from the trust account may be less than $10.00, plus interest, due to such claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, if we are forced to file a bankruptcy
or winding up petition or an involuntary bankruptcy or winding up petition is filed against us which is not dismissed, the proceeds held
in the trust account could be subject to applicable bankruptcy or insolvency law, and may be included in our bankruptcy or insolvency
estate and subject to the claims of third parties with priority over the claims of our shareholders. To the extent any bankruptcy or
insolvency claims deplete the trust account, we may not be able to return to our public shareholders at least $10.00.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our shareholders may be held liable for claims
by third parties against us to the extent of distributions received by them.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our amended and restated memorandum and articles
of association provides that we will continue in existence only until 24 months from the closing of this offering (or 27 months from
the closing of this offering if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business
combination within 24 months from the closing of this offering). If we have not completed a business combination by such date, we will
(i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business
days thereafter, redeem 100% of the outstanding public shares, at a per-share price, payable in cash, equal to the aggregate amount then
on deposit in the trust account, including any interest not previously released to us but net</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of taxes payable (less up to $100,000 for our liquidation
expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders&rsquo;
rights as shareholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii)
as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of
directors, liquidate and dissolve, subject (in each case) to our obligations under Cayman Islands law to provide for claims of creditors
and the requirements of other applicable law. We cannot assure you that we will properly assess all claims that may be potentially brought
against us. As such, our shareholders could potentially be liable for any claims to the extent of distributions received by them (but
no more).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are forced to enter into an insolvent liquidation,
any distributions received by shareholders could be viewed as an unlawful payment if it was proved that immediately following the date
on which the distribution was made, we were unable to pay our debts as they fall due in the ordinary course of business. As a result,
a liquidator could seek to recover some or all amounts received by our shareholders. Furthermore, our directors may be viewed as having
breached their fiduciary duties to us or our creditors and/or may have acted in bad faith, thereby exposing themselves and our company
to claims, by paying public shareholders from the trust account prior to addressing the claims of creditors. We cannot assure you that
claims will not be brought against us for these reasons. We and our directors and officers who knowingly and willfully authorized or
permitted any distribution to be paid out of our share premium account while we were unable to pay our debts as they fall due in the
ordinary course of business would be guilty of an offence and may be liable for a fine of approximately $18,000 and imprisonment for
five years in the Cayman Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our directors may decide not to enforce Crescendo
Advisors LLC&rsquo;s indemnification obligations, resulting in a reduction in the amount of funds in the trust account available for
distribution to our public shareholders.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the event that the proceeds in the trust account
are reduced below $10.00 per public share and Crescendo Advisors LLC asserts that it is unable to satisfy its obligations or that it
has no indemnification obligations related to a particular claim, our independent directors would determine whether to take legal action
against it to enforce such indemnification obligations. It is possible that our independent directors in exercising their business judgment
may choose not to do so in any particular instance. If our independent directors choose not to enforce these indemnification obligations,
the amount of funds in the trust account available for distribution to our public shareholders may be reduced below $10.00 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>The securities in which we invest the funds
held in the trust account could bear a negative rate of interest, which could reduce the value of the assets held in trust such that
the per-share redemption amount received by public shareholders may be less than $10.00 per share.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The proceeds held in the trust account will be held
in demand deposit accounts or invested only in U.S. government treasury obligations with a maturity of 185 days or less or in money market
funds meeting certain conditions under Rule&nbsp;2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury
obligations. While short-term U.S. government treasury obligations currently yield a positive rate of interest, they have briefly yielded
negative interest rates in recent years. Central banks in Europe and Japan pursued interest rates below zero in recent years, and the
Open Market Committee of the Federal Reserve has not ruled out the possibility that it may in the future adopt similar policies in the
United States. In the event that we are unable to complete our initial business combination or make certain amendments to our amended
and restated memorandum and articles of association, our public shareholders are entitled to receive their pro-rata share of the proceeds
held in the trust account, plus any interest income not previously released to us, net of taxes payable. Negative interest rates could
reduce the value of the assets held in trust such that the per-share redemption amount received by public shareholders may be less than
$10.00 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>There is currently no market for our securities
and a market for our securities may not develop, which would adversely affect the liquidity and price of our securities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is currently no market for our securities.
Shareholders therefore have no access to information about prior market history on which to base their investment decision. Following
this offering, the price of our securities may vary significantly due to one or more potential business combinations and general market
or economic conditions. Furthermore, an active trading market for our securities may never develop or, if developed, it may not be sustained.
You may be unable to sell your securities unless a market can be established and sustained.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may issue our shares to investors in connection
with our initial business combination at a price that is less than the prevailing market price of our shares at that time.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with our initial business combination,
we may issue shares to investors in private placement transactions (so-called PIPE transactions). The purpose of such issuances will
be to enable us to provide sufficient liquidity to the post-business combination entity. The price of the shares we issue may be less,
and potentially significantly less, than the market price for our shares at such time. Further, any such transactions would involve costs
to us and our shareholders that would not otherwise be incurred in a traditional initial public offering, including but not limited to,
additional dilution to public shareholders, additional costs involved in registering the resale of the securities being sold in the PIPE
and potential additional downward pressure on our share price due to the ability of investors in the PIPE being able to sell their securities
after registration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>The NYSE may delist our securities from quotation
on its exchange which could limit investors&rsquo; ability to make transactions in our securities and subject us to additional trading
restrictions.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have applied to have our securities listed on
the NYSE, a national securities exchange, upon consummation of this offering. We cannot guarantee that our securities will be approved
for listing on the NYSE. Although after giving effect to this offering we expect to meet, on a pro forma basis, the minimum initial listing
standards set forth in the NYSE listing standards, we cannot assure you that our securities will continue to be listed on the NYSE in
the future or prior to our initial business combination. In order to continue listing our securities on the NYSE prior to our initial
business combination, we must maintain certain financial, distribution and share price levels. Generally, we must maintain a minimum
market capitalization (generally $50,000,000) and a minimum number of holders of our securities (generally 300 public holders).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, in connection with our initial business
combination, it is likely that the NYSE will require us to file a new initial listing application and meet its initial listing requirements
as opposed to its more lenient continued listing requirements. We cannot assure you that we will be able to meet those initial listing
requirements at that time. The NYSE will also have discretionary authority to not approve our listing if the NYSE determines that the
listing of the company to be acquired is against public policy at that time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the NYSE delists our securities from trading on
its exchange, or we are not listed in connection with our initial business combination, we could face significant material adverse consequences,
including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">a limited availability of market quotations for our securities;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">reduced liquidity with respect to our securities;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">a determination that our ordinary shares are &ldquo;penny
    stock&rdquo; which will require brokers trading in our ordinary shares to adhere to more stringent rules, possibly resulting in a
    reduced level of trading activity in the secondary trading market for our ordinary shares;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">a limited amount of news and analyst coverage for our
    company; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="font-family: Times New Roman, Times, Serif; vertical-align: top; text-align: justify">
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in"></TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="font-family: Times New Roman, Times, Serif; text-align: justify">a decreased ability to issue additional securities or
    obtain additional financing in the future.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The National Securities Markets Improvement Act of
1996, which is a federal statute, prevents or preempts the states from regulating the sale of certain securities, which are referred
to as &ldquo;covered securities.&rdquo; Because we expect that our units and eventually our ordinary shares and warrants will be listed
on the NYSE, our units, ordinary shares and warrants will be covered securities. Although the states are preempted from regulating the
sale of our securities, the federal statute does allow the states to investigate companies if there is a suspicion of fraud, and, if
there is a finding of fraudulent activity, then the states can regulate or bar the sale of covered securities in a particular case. If
we were no longer listed on the NYSE, our securities would not be covered securities and we would be subject to regulation in each state
in which we offer our securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our initial shareholders and the holders of
the representative founder shares paid a nominal price for the founders&rsquo; shares and representative founder shares and, accordingly,
you will experience immediate and substantial dilution from the purchase of our ordinary shares.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The difference between the public offering price
per share and the pro forma net tangible book value per ordinary share after this offering constitutes the dilution to the investors
in this offering. Our initial shareholders and the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">holders of the representative founder shares acquired
the founders&rsquo; shares and representative founder shares at a nominal price, significantly contributing to this dilution. Upon consummation
of this offering, you and the other new investors will incur an immediate and substantial dilution of approximately 109.9% or $10.99
per share (the difference between the pro forma net tangible book value per share $(0.99), and the initial offering price of $10.00 per
unit). This is because investors in this offering will be contributing approximately 97.1% of the total amount paid to us for our outstanding
securities after this offering but will only own approximately 77.8% of our outstanding securities and this becomes exacerbated to the
extent that public shareholders seek to convert their shares into a pro rata share of the trust proceeds. Accordingly, the per-share
purchase price you will be paying substantially exceeds our per share net tangible book value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our initial shareholders paid an aggregate
of $25,000 for the founders&rsquo; shares, or approximately $0.005 per share. As a result, our initial shareholders stand to make a substantial
profit even if an initial business combination subsequently declines in value or is unprofitable for our public shareholders, and may
have an incentive to recommend such an initial business combination to our shareholders.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result of the low acquisition cost of our founders&rsquo;
shares, our initial shareholders could make a substantial profit even if we select and consummate an initial business combination with
an acquisition target that subsequently declines in value or is unprofitable for our public shareholders. Thus, they may have more of
an economic incentive for us to enter into an initial business combination with a riskier, weaker-performing or financially unstable
business, or an entity lacking an established record of revenues or earnings, than would be the case if such parties had paid the full
offering price for their founders&rsquo; shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our outstanding warrants may have an adverse
effect on the market price of our ordinary shares and make it more difficult to effect a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will be issuing warrants to purchase 8,750,000
ordinary shares as part of the units offered by this prospectus and private warrants included within the private units to purchase 261,407
ordinary shares. We may also issue other units to our initial shareholders, officers, directors or their affiliates in payment of working
capital loans made to us as described in this prospectus. To the extent we issue ordinary shares to effect a business combination, the
potential for the issuance of a substantial number of additional shares upon exercise of these warrants could make us a less attractive
acquisition vehicle in the eyes of a target business. Such securities, when exercised, will increase the number of issued and outstanding
ordinary shares and reduce the value of the shares issued to complete the business combination. Accordingly, our warrants may make it
more difficult to effectuate a business combination or increase the cost of acquiring the target business. Additionally, the sale, or
even the possibility of sale, of the shares underlying the warrants could have an adverse effect on the market price for our securities
or on our ability to obtain future financing. If and to the extent these warrants are exercised, you may experience dilution to your
holdings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may redeem your unexpired warrants prior
to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have the ability to redeem outstanding warrants
at any time after they become exercisable and prior to their expiration, at a price of $0.01 per warrant, provided that the last reported
sales price of the ordinary shares equals or exceeds $18.00 per share (as adjusted for share splits, share dividends, reorganizations
and recapitalizations) for any 20 trading days within a 30 trading-day period commencing at any time after the warrants become exercisable
and ending on the third business day prior to proper notice of such redemption provided that on the date we give notice of redemption
and during the entire period thereafter until the time we redeem the warrants, we have an effective registration statement under the
Securities Act covering the ordinary shares issuable upon exercise of the warrants and a current prospectus relating to them is available.
If and when the warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the
underlying securities for sale under all applicable state securities laws. Redemption of the outstanding warrants could force you (i)
to exercise your warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) to sell
your warrants at the then-current market price when you might otherwise wish to hold your warrants or (iii) to accept the nominal redemption
price which, at the time the outstanding warrants are called for redemption, is likely to be substantially less than the market value
of your warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Our management&rsquo;s ability to require holders
of our warrants to exercise such warrants on a cashless basis will cause holders to receive fewer ordinary shares upon their exercise
of the warrants than they would have received had they been able to exercise their warrants for cash.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we call our warrants for redemption after the
redemption criteria described elsewhere in this prospectus have been satisfied, our management will have the option to require any holder
that wishes to exercise his warrant to do so on a &ldquo;cashless basis.&rdquo; If our management chooses to require holders to exercise
their warrants on a cashless basis, the number of ordinary shares received by a holder upon exercise will be fewer than it would have
been had such holder exercised his warrant for cash. This will have the effect of reducing the potential &ldquo;upside&rdquo; of the
holder&rsquo;s investment in our company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If our security holders exercise their registration
rights, it may have an adverse effect on the market price of our ordinary shares and the existence of these rights may make it more difficult
to effect a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders are entitled to make a demand
that we register the resale of the founders&rsquo; shares at any time commencing three months prior to the date on which the transfer
restrictions applicable to their shares end. Additionally, the holders of representative founder shares, the private units and any units
our initial shareholders, officers, directors, or their affiliates may be issued in payment of working capital loans made to us, are
entitled to demand that we register the resale of the representative founder shares, private units and any other units we issue to them
(and the underlying securities) commencing at any time after we consummate an initial business combination. The presence of these additional
securities trading in the public market may have an adverse effect on the market price of our securities. In addition, the existence
of these rights may make it more difficult to effectuate a business combination or increase the cost of acquiring the target business,
as the shareholders of the target business may be discouraged from entering into a business combination with us or will request a higher
price for their securities because of the potential effect the exercise of such rights may have on the trading market for our ordinary
shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>The determination for the offering price of
our units is more arbitrary than the pricing of securities for an operating company in a particular industry.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior to this offering there has been no public market
for any of our securities. The public offering price of the units and the terms of the warrants were negotiated between us and BTIG.
Factors considered in determining the prices and terms of the units, including the ordinary shares and warrants underlying the units,
include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the history and prospects of companies whose principal business is the acquisition of other companies;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">prior offerings of those companies;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our prospects for acquiring an operating business at attractive values;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our capital structure;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">an assessment of our management and their experience in identifying operating companies; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">general conditions of the securities markets at the time of the offering.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">However, although these factors were considered,
the determination of our offering price is more arbitrary than the pricing of securities for an operating company in a particular industry
since we have no historical operations or financial results to compare them to.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because each unit contains one-half of one
redeemable warrant and only a whole warrant may be exercised, the units may be worth less than units of other blank check companies.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Each unit contains one-half of one redeemable warrant.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly, unless you purchase
a multiple of two units, the number of warrants issuable to you upon separation of the units will be rounded down to the nearest whole
number of warrants. This is different from other offerings similar to ours whose units include one ordinary share and one warrant to
purchase one whole share. We have established the components of the units in this way in order to reduce the dilutive effect of the warrants
upon completion of an initial business combination since the warrants will be exercisable in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 41; Value: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">the aggregate for one-half of the number of shares
compared to units that each contain a warrant to purchase one whole share, thus making us, we believe, a more attractive merger partner
for target businesses. Nevertheless, this unit structure may cause our units to be worth less than if they included a warrant to purchase
one whole share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Provisions in our amended and restated memorandum
and articles of association may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future
for our ordinary shares and could entrench management.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our amended and restated memorandum and articles
of association will contain provisions that may discourage unsolicited takeover proposals that shareholders may consider to be in their
best interests. These provisions include a staggered board of directors and the ability of the board of directors to designate the terms
of and issue new series of preference shares, which may make the removal of management more difficult and may discourage transactions
that otherwise could involve payment of a premium over prevailing market prices for our securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>General Risks</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We are a newly incorporated company with no
operating history and, accordingly, you will not have any basis on which to evaluate our ability to achieve our business objective.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a newly incorporated company with no operating
results to date. Therefore, our ability to commence operations is dependent upon obtaining financing through this public offering of
our securities. Since we do not have an operating history, you will have no basis upon which to evaluate our ability to achieve our business
objective, which is to acquire an operating business. We have not conducted any substantive discussions and we have no plans, arrangements
or understandings with any prospective acquisition candidates regarding a business combination with us. We will not generate any revenues
until, at the earliest, after the consummation of a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>You will not be entitled to protections normally
afforded to investors of blank check companies.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Since the net proceeds of this offering are intended
to be used to complete a business combination with a target business that has not been identified, we may be deemed to be a &ldquo;blank
check&rdquo; company under the United States securities laws. However, since we will be listed on a national securities exchange upon
the successful consummation of this offering and we will have net tangible assets in excess of $5,000,000 upon the successful consummation
of this offering and will file a Current Report on Form 8-K, including an audited balance sheet demonstrating this fact, we are exempt
from rules promulgated by the SEC to protect investors of blank check companies such as Rule&nbsp;419. Accordingly, investors will not
be afforded the benefits or protections of those rules which would, for example, completely restrict the transferability of our securities,
require us to complete a business combination within 18 months of the effective date of the initial registration statement and restrict
the use of interest earned on the funds held in the trust account. Because we are not subject to Rule&nbsp;419, our units will be immediately
tradable, we will be entitled to withdraw amounts from the funds held in the trust account prior to the completion of a business combination
and we will have a longer period of time to complete an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Members
of our management team have significant experience as founders, board members, officers, executives or employees of other companies.
Certain of those persons have been, are now, or may in the future become, involved in litigation, investigations or other proceedings,
including related to those companies or otherwise. The defense or prosecution of these matters could be time-consuming and could divert
our management&rsquo;s attention, and may have an adverse effect on us, which may impede our ability to consummate an initial business
combination.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">During
the course of their careers, members of our management team have had significant experience as founders, board members, officers, executives
or employees of other companies. As a result of their involvement and positions in these companies, certain of those persons have been,
are now or may in the future become involved in litigation, investigations or other proceedings, including relating to the business affairs
of such companies, transactions entered into by such companies, or otherwise. The settlement of these types of actions, some of which
are ongoing now, are often time consuming and the outcomes are often uncertain. Individual members of our management team and board of
directors also may become involved in litigation, investigations or other proceedings involving claims or allegations related to or as
a result of their personal conduct, either in their capacity as a corporate officer or director or otherwise, and may be personally named
in such actions and potentially subject to personal liability. Any such liability may or may not be covered by insurance and/or indemnification,
depending on the facts and circumstances. The defense or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">prosecution
of these matters could be time-consuming. Any litigation, investigations or other proceedings and the potential outcomes of such actions
may divert the attention and resources of our management team and board of directors away from identifying and selecting a target business
or businesses for our initial business combination and may negatively affect our reputation, which may impede our ability to complete
an initial business combination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Unanticipated changes in our effective tax
rate or challenges by tax authorities could harm our future results.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may become subject to income taxes in various
other jurisdictions in the future. Our effective tax rate could be adversely affected by changes in the allocation of our pre-tax earnings
and losses among countries with differing statutory tax rates, in certain non-deductible expenses as a result of acquisitions, in the
valuation of our deferred tax assets and liabilities, or in federal, state, local or non-U.S. tax laws and accounting principles, including
increased tax rates, new tax laws or revised interpretations of existing tax laws and precedents. Increases in our effective tax rate
would adversely affect our operating results. In addition, we may be subject to income tax audits by various tax jurisdictions throughout
the world. The application of tax laws in such jurisdictions may be subject to diverging and sometimes conflicting interpretations by
tax authorities in these jurisdictions. Although we believe our income tax liabilities are reasonably estimated and accounted for in
accordance with applicable laws and principles, an adverse resolution of one or more uncertain tax positions in any period could have
a material impact on the results of operations for that period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.2pt"><B><I>We may
be a passive foreign investment company, or &ldquo;PFIC,&rdquo; which could result in adverse United States federal income tax consequences
to U.S. investors.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: 0.2pt">If we are a PFIC
for any taxable year (or portion thereof) that is included in the holding period of a U.S. Holder (as defined in the section of this
prospectus captioned &ldquo;Taxation&thinsp;&mdash;&thinsp;Material United States Federal Income Tax Considerations-U.S. Holders&rdquo;)
of our ordinary shares or warrants, the U.S. Holder may be subject to adverse U.S. federal income tax consequences and may be subject
to additional reporting requirements. Our PFIC status for our current and subsequent taxable&nbsp;years may depend on whether we qualify
for the PFIC start-up exception (see the section of this prospectus captioned &ldquo;Taxation&thinsp;&mdash;&thinsp;Material United States
Federal Income Tax Considerations&thinsp;&mdash;&thinsp;U.S. Holders&thinsp;&mdash;&thinsp;Passive Foreign Investment Company Rules&rdquo;).
Depending on the particular circumstances the application of the start-up exception may be subject to uncertainty, and there cannot be
any assurance that we will qualify for the start-up exception. Accordingly, there can be no assurances with respect to our status as
a PFIC for our current taxable year or any subsequent taxable year. Our actual PFIC status for any taxable year, however, will not be
determinable until after the end of such taxable year. Moreover, if we determine we are a PFIC for any taxable year, upon written request,
we will endeavor to provide to a U.S. Holder such information as the Internal Revenue Service (&ldquo;IRS&rdquo;) may require, including
a PFIC annual information statement, in order to enable the U.S. Holder to make and maintain a &ldquo;qualified electing fund&rdquo;
election, but there can be no assurance that we will timely provide such required information, and such election would be unavailable
with respect to our warrants in all cases. We urge U.S. investors to consult their own tax advisors regarding the possible application
of the PFIC rules. For a more detailed explanation of the tax consequences of PFIC classification to U.S. Holders, see the section of
this prospectus captioned &ldquo;Taxation&thinsp;&mdash;&thinsp;Material United States Federal Income Tax Considerations&thinsp;&mdash;&thinsp;U.S.
Holders&thinsp;&mdash;&thinsp;Passive Foreign Investment Company Rules.&rdquo;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: -0.2pt"><B><I>An investment
in this offering may result in uncertain U.S. federal income tax consequences.</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="letter-spacing: 0.2pt">An investment
in this offering may result in uncertain U.S. federal income tax consequences. For instance, because there are no authorities that directly
address instruments similar to the&nbsp;units we are issuing in this offering, the allocation an investor makes with respect to the purchase
price of a unit between the ordinary shares and the one-half of a warrant included in each unit could be challenged by the IRS or courts.
In addition, the U.S. federal income tax consequences of a cashless exercise of warrants included in the&nbsp;units we are issuing in
this offering is unclear under current law. Finally, it is unclear whether the redemption rights with respect to our ordinary shares
suspend the running of a U.S. Holder&rsquo;s (as defined in section titled &ldquo;Taxation&thinsp;&mdash;&thinsp;United States Federal
Income Tax Consideration&thinsp;&mdash;&thinsp;U.S. Holders&rdquo;) holding period for purposes of determining whether any gain or loss
realized by such holder on the sale or exchange of ordinary shares is long-term capital gain or loss and for determining whether any
dividend we pay would be considered &ldquo;qualified dividend income&rdquo; for U.S. federal income tax purposes. See the section titled
&ldquo;Taxation&thinsp;&mdash;&thinsp;Material United States Federal Income Tax Considerations&rdquo; for a summary of the U.S. federal
income tax considerations of an investment in our securities. Prospective investors are urged to consult their tax advisors with respect
to these and other tax consequences when acquiring, owning or disposing of our securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may de-register as a Cayman Islands exempted
company and transfer by way of continuation to another jurisdiction in connection with our initial business combination and such transfer
by way of continuation may result in taxes imposed on shareholders or warrant holders.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may, in connection with our initial business combination
and subject to requisite shareholder approval by special resolution under Cayman Islands law, de-register as a Cayman Islands exempted
company and transfer by way of continuation to the jurisdiction in which the target company or business is located or another jurisdiction.
The transaction may require a shareholder or warrant holder to recognize taxable income in the jurisdiction in which the shareholder
or warrant holder is a tax resident or in which its members are resident if it is a tax transparent entity. We do not intend to make
any cash distributions to shareholders or warrant holders to&nbsp;pay such taxes. Shareholders or warrant holders may be subject to withholding
taxes or other taxes with respect to their ownership of us after the reincorporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Because we are incorporated under the laws
of the Cayman Islands, you may face difficulties in protecting your interests, and your ability to protect your rights through the U.S.
federal courts may be limited.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an exempted company incorporated under the
laws of the Cayman Islands. As a result, it may be difficult for investors to effect service of process within the United States upon
our directors or executive officers, or enforce judgments obtained in the U.S. courts against our directors or officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our corporate affairs will be governed by our amended
and restated memorandum and articles of association, the Companies Act (as the same may be supplemented or amended from time to time)
and the common law of the Cayman Islands. We will also be subject to the federal securities laws of the United States. The rights of
shareholders to take action against the directors, actions by minority shareholders and the fiduciary responsibilities of our directors
to us under Cayman Islands law are to a large extent governed by the common law of the Cayman Islands. The common law of the Cayman Islands
is derived in part from comparatively limited judicial precedent in the Cayman Islands as well as from English common law, the decisions
of whose courts are of persuasive authority, but are not binding on a court in the Cayman Islands. The rights of our shareholders and
the fiduciary responsibilities of our directors under Cayman Islands law are not as clearly established as what they would be under statutes
or judicial precedent in some jurisdictions in the United States. In particular, the Cayman Islands has a less developed body of securities
laws as compared to the United States, and certain states, may have more fully developed and judicially interpreted bodies of corporate
law. In addition, Cayman Islands companies may not have standing to initiate a shareholders derivative action in a federal court of the
United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Our amended and restated memorandum and
articles of association provide that the courts of the Cayman Islands will be the exclusive forums for certain disputes between us and
our shareholders, which could limit our shareholders&rsquo; ability to obtain a favorable judicial forum for complaints against us or
our directors, officers or employees.</I></B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our amended and restated memorandum and articles
of association provide that unless we consent in writing to the selection of an alternative forum, the courts of the Cayman Islands shall
have exclusive jurisdiction over any claim or dispute arising out of or in connection with our amended and restated memorandum and articles
of association or otherwise related in any way to each shareholder&rsquo;s shareholding in us, including but not limited to (i)&nbsp;any
derivative action or proceeding brought on our behalf, (ii)&nbsp;any action asserting a claim of breach of any fiduciary or other duty
owed by any of our current or former director, officer or other employee to us or our shareholders, (iii)&nbsp;any action asserting a
claim arising pursuant to any provision of the Companies Act or our amended and restated memorandum and articles of association, or (iv)&nbsp;any
action asserting a claim against us governed by the internal affairs doctrine (as such concept is recognized under the laws of the United&nbsp;States
of America) and that each shareholder irrevocably submits to the exclusive jurisdiction of the courts of the Cayman Islands over all
such claims or disputes. The forum selection provision in our amended and restated memorandum and articles of association will not apply
to actions or suits brought to enforce any liability or duty created by the Securities Act, Exchange Act or any claim for which the federal
district courts of the United&nbsp;States of America are, as a matter of the laws of the United&nbsp;States of America, the sole and
exclusive forum for determination of such a claim.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Our amended and restated memorandum and articles
of association also provide that, without prejudice to any other rights or remedies that we may have, each of our shareholders acknowledges
that damages alone would not be an adequate remedy for any breach of the selection of the courts of the Cayman Islands as exclusive forum
and that</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">accordingly we shall be entitled, without proof
of special damages, to the remedies of injunction, specific performance or other equitable relief for any threatened or actual breach
of the selection of the courts of the Cayman&nbsp;Islands as exclusive forum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This choice of forum provision may increase a
shareholder&rsquo;s cost and limit the shareholder&rsquo;s ability to bring a claim in a judicial forum that it finds favorable for disputes
with us or our directors, officers or other employees, which may discourage lawsuits against us and our directors, officers and other
employees. Any person or entity purchasing or otherwise acquiring any of our shares or other securities, whether by transfer, sale, operation
of law or otherwise, shall be deemed to have notice of and have irrevocably agreed and consented to these provisions. There is uncertainty
as to whether a court would enforce such provisions, and the enforceability of similar choice of forum provisions in other companies&rsquo;
memorandum and articles of association or other charter documents has been challenged in legal proceedings. It is possible that a court
could find this type of provisions to be inapplicable or unenforceable, and if a court were to find this provision in our amended and
restated memorandum and articles of association to be inapplicable or unenforceable in an action, we may incur additional costs associated
with resolving the dispute in other jurisdictions, which could have adverse effect on our business and financial performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>You may face difficulties in protecting your
interests, and your ability to protect your rights through the U.S. Federal courts may be limited.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have been advised by Maples and Calder (Cayman)
LLP, our Cayman Islands legal counsel that it is uncertain whether the courts of the Cayman Islands will allow shareholders of our company
to originate actions in the Cayman Islands based upon securities laws of the U.S. In addition, there is uncertainty with regard to Cayman
Islands law related to whether a judgment obtained from the U.S. courts under civil liability provisions of U.S. securities laws will
be determined by the courts of the Cayman Islands as penal or punitive in nature. If such determination is made, the courts of the Cayman
Islands will not recognize or enforce the judgment against a Cayman Islands exempted company, such as our company. As the courts of the
Cayman Islands have yet to rule on making such a determination in relation to judgments obtained from U.S. courts under civil liability
provisions of U.S. securities laws, it is uncertain whether such judgments would be enforceable in the Cayman Islands. Although there
is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, the courts of the Cayman Islands will recognize
and enforce a foreign money judgment of a foreign court of competent jurisdiction without retrial on the merits of the underlying dispute
based on the principle that a judgment of a competent foreign court imposes upon the judgment debtor an obligation to pay the sum for
which judgment has been given provided certain conditions are met. For a foreign judgment to be enforced in the Cayman Islands, such
judgment must be final and conclusive and for a liquidated sum, and must not be in respect of taxes or a fine or penalty, was not obtained
by fraud or obtained in a manner, or be of a kind the enforcement of which is, contrary to natural justice or the public policy of the
Cayman Islands (awards of punitive or multiple damages may well be held to be contrary to public policy). The courts of the Cayman Islands
will apply the rules of Cayman Islands private international law to determine whether the foreign court is a court of competent jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result of all of the above, public shareholders
may have more difficulty in protecting their interests in the face of actions taken by management, members of the Board of Directors
or controlling shareholders than they would as public shareholders of a U.S. company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Changes in laws or regulations, or a failure
to comply with any laws and regulations, may adversely affect our business, investments and results of operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are subject to laws and regulations enacted by
national, regional and local governments. In particular, we will be required to comply with certain SEC and other legal requirements.
Compliance with, and monitoring of, applicable laws and regulations may be difficult, time consuming and costly. Those laws and regulations
and their interpretation and application may also change from time to time and those changes could have a material adverse effect on
our business, investments and results of operations. In addition, a failure to comply with applicable laws or regulations, as interpreted
and applied, could have a material adverse effect on our business and results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We are an &ldquo;emerging growth company&rdquo;
and &ldquo;smaller reporting company&rdquo; and we cannot be certain if the reduced disclosure requirements applicable to emerging growth
companies and smaller reporting companies will make our ordinary shares less attractive to investors.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an &ldquo;emerging growth company,&rdquo;
as defined in the JOBS Act. We will remain an emerging growth company until the earlier of (1) the last day of the fiscal year (a) following
the fifth anniversary of the completion of this offering, (b) in which we have total annual gross revenue of at least $1.235 billion,
or (c) in which we are deemed to be a large accelerated filer, which means the market value of our ordinary shares that is held by non-affiliates
exceeds $700 million as of the prior June&nbsp;30<SUP>th</SUP>, and (2) the date on which we have issued more than $1.0 billion in non-convertible
debt securities during the prior three-year period. As an emerging growth company, we are not required to comply with the auditor attestation
requirements of Section&nbsp;404 of the Sarbanes-Oxley Act, we have reduced disclosure obligations regarding executive compensation in
our periodic reports and proxy statements and we are exempt from the requirements of holding a nonbinding advisory vote on executive
compensation and shareholder approval of any golden parachute payments not previously approved. Additionally, as an emerging growth company,
we have elected to delay the adoption of new or revised accounting standards that have different effective dates for public and private
companies until those standards apply to private companies. As such, our financial statements may not be comparable to companies that
comply with public company effective dates. We cannot predict if investors will find our ordinary shares less attractive because we may
rely on these provisions. If some investors find our ordinary shares less attractive as a result, there may be a less active trading
market for our shares and our share price may be more volatile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, we are a &ldquo;smaller reporting company&rdquo;
as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations,
including, among other things, providing only two years of audited financial statements. We will remain a smaller reporting company until
the last day of the fiscal year in which (1) the market value of our ordinary shares held by non-affiliates exceeds $250 million as of
the end of that year&rsquo;s second fiscal quarter, or (2) our annual revenues exceeded $100 million during such completed fiscal year
and the market value of our ordinary shares held by non-affiliates exceeds $700 million as of the end of that year&rsquo;s second fiscal
quarter. To the extent we take advantage of such reduced disclosure obligations, it may also make comparison of our financial statements
with other public companies difficult or impossible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we are deemed to be an investment company,
we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult
for us to complete a business combination.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are deemed to be an investment company under
the Investment Company Act, our activities may be restricted, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">restrictions on the nature of our
    investments; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">restrictions on the issuance of securities,
    each of which may make it difficult for us to complete our initial business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">In addition, we may have imposed
upon us burdensome requirements, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">registration as an investment company;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">adoption of a specific form of corporate
    structure; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">reporting, record keeping, voting,
    proxy and disclosure requirements and other rules and regulations.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In order not to be regulated as an investment
company under the Investment Company Act, unless we can qualify for an exclusion, we must ensure that we are engaged primarily in a
business other than investing, reinvesting or trading of securities and that our activities do not include investing, reinvesting,
owning, holding or trading &ldquo;investment securities&rdquo; constituting more than 40% of our total assets (exclusive of U.S.
government securities and cash items) on an unconsolidated basis. Our business will be to identify and complete a business
combination and thereafter to operate the post-transaction business or assets for the long term. We do not plan to buy businesses or
assets with a view to resale or profit from their resale. We do not plan to buy unrelated businesses or assets or to be a passive
investor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not believe that our anticipated principal
activities will subject us to the Investment Company Act. To this end, the proceeds held in the trust account may only be held in demand
deposit or cash accounts or invested in United States &ldquo;government securities&rdquo; within the meaning of Section&nbsp;2(a)(16)
of the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule&nbsp;2a-7
promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations. Pursuant to the trust
agreement, the trustee is not permitted to invest in other securities or assets. By restricting the investment of the proceeds to these
instruments, and by having a business plan targeted at acquiring and growing businesses for the long term (rather than on buying and
selling businesses in the manner of a merchant bank or private equity fund), we intend to avoid being deemed an &ldquo;investment company&rdquo;
within the meaning of the Investment Company Act. This offering is not intended for persons who are seeking a return on investments in
government securities or investment securities. The trust account is intended as a holding place for funds pending the earliest to occur
of: (i) the completion of our primary business objective, which is a business combination; (ii) the redemption of any public shares properly
submitted in connection with a business combination or an extension of time to consummate a business combination; or (iii) absent a business
combination, our return of the funds held in the trust account to our public shareholders as part of our redemption of the public shares.
If we do not hold and/or invest the proceeds as discussed above, we may be deemed to be subject to the Investment Company Act. If we
were deemed to be subject to the Investment Company Act, compliance with these additional regulatory burdens would require additional
expenses for which we have not allotted funds and may hinder our ability to complete a business combination. If we are unable to complete
our initial business combination, our public shareholders may receive only approximately $10.00 per share on the liquidation of our trust
account and our rights will expire worthless. Additionally, in certain circumstances, such as if third parties bring claims against us,
our public shareholders may receive less than $10.00 per share on the redemption of their shares as described in this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>If we are deemed to be an investment company
for purposes of the Investment Company Act, we could be forced to liquidate and investors in our company would not be able to participate
in any benefits of owning stock in an operating business, including the potential appreciation of our stock following a business combination
and our warrants would expire worthless.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> As indicated above, we have 24 months from the
closing of this offering (or 27 months from the closing of this offering if we have executed a letter of intent, agreement in principle
or definitive agreement for an initial business combination within 24 months from the closing of this offering) to consummate an initial
business combination. It is possible that a claim in the future could be made that we have been operating as an unregistered investment
company. It is also possible that the investment of funds from this offering and private placement of units during our life as a blank
check company, and the earning and use of interest from such investment, both of which will likely continue until we consummate an initial
business combination, could increase the likelihood of us being found to have been operating as an unregistered investment company more
than if we sought to potentially mitigate this risk by holding such funds as cash. Furthermore, the longer the funds are invested in
United States &ldquo;government securities&rdquo; within the meaning of Section&nbsp;2(a)(16) of the Investment Company Act having a
maturity of 185 days or less or in money market funds meeting certain conditions under Rule&nbsp;2a-7 promulgated under the Investment
Company Act which invest only in direct U.S. government treasury obligations, the greater the risk could be that we are considered an
investment company. If we are deemed to be an investment company for purposes of the Investment Company Act and found to have been operating
as an unregistered investment company, it could cause us to liquidate. If we are forced to liquidate, investors in our company would
not be able to participate in any benefits of owning stock in an operating business, including the potential appreciation of our stock
following a business combination and our warrants would expire worthless. </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Compliance with the Sarbanes-Oxley Act of 2002
will require substantial financial and management resources and may increase the time and costs of completing an acquisition.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Section&nbsp;404 of the Sarbanes-Oxley Act of 2002
requires that we evaluate and report on our system of internal controls and may require that we have such system of internal controls
audited beginning with our Annual Report on Form 10-K for the year ending November 30, 2025. If we fail to maintain the adequacy of our
internal controls, we could be subject to regulatory scrutiny, civil or criminal penalties and/or shareholder litigation. Any inability
to provide reliable financial reports could harm our business. Section&nbsp;404 of the Sarbanes-Oxley Act also requires that our independent
registered public accounting firm report on management&rsquo;s evaluation of our system of internal controls. A target company may not
be in compliance with the provisions of the Sarbanes-Oxley Act regarding adequacy of</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">their internal controls. The development of the
internal controls of any such entity to achieve compliance with the Sarbanes-Oxley Act may increase the time and costs necessary to complete
any such acquisition. Furthermore, any failure to implement required new or improved controls, or difficulties encountered in the implementation
of adequate controls over our financial processes and reporting in the future, could harm our operating results or cause us to fail to
meet our reporting obligations. Inferior internal controls could also cause investors to lose confidence in our reported financial information,
which could have a negative effect on the trading price of our share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Adverse developments affecting the financial
services industry could adversely affect our liquidity, financial condition and results of operations, either directly or through adverse
impacts on certain of our vendors and customers.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Adverse developments that affect financial institutions,
such as events involving liquidity that are rumored or actual, have in the past and may in the future lead to bank failures and/or market-wide
liquidity problems. These events could have an adverse effect on our financial condition and results of operations, either directly or
through an adverse impact on certain of our vendors and customers. For example, on March&nbsp;10, 2023, Silicon Valley Bank was closed
by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (&ldquo;FDIC&rdquo;)
as receiver. Similarly, on March&nbsp;12, 2023, Signature Bank was put into receivership. Since that time, there have been reports of
instability at other U.S. banks, including First Republic Bank. Although the Federal Reserve Board, the Department of the Treasury and
the FDIC have taken steps to ensure that depositors at Silicon Valley Bank and Signature Bank can access all of their funds, including
funds held in uninsured deposit accounts, and have taken additional steps to provide liquidity to other banks, there is no guarantee
that, in the event of the closure of other banks or financial institutions in the future, depositors would be able to access uninsured
funds or that they would be able to do so in a timely fashion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To date, we have not experienced any adverse impact
to our liquidity, financial condition or results of operations as a result of the events described above. However, failures of other
banks or financial institutions may expose us to additional risks, either directly or through the effect on vendors or other third parties,
and may lead to significant disruptions to our operations, financial condition and reputation. Moreover, uncertainty remains over liquidity
concerns in the broader financial services industry. Our business may be adversely impacted by these developments in ways that we cannot
predict at this time, there may be additional risks that we have not yet identified, and we cannot guarantee that we will be able to
avoid negative consequences directly or indirectly from any failure of one or more banks or other financial institutions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_004"></A>CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The statements contained in this prospectus that
are not purely historical are forward-looking statements. Our forward-looking statements include, but are not limited to, statements
regarding our or our management&rsquo;s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any
statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying
assumptions, are forward-looking statements. The words &ldquo;anticipates,&rdquo; &ldquo;believe,&rdquo; &ldquo;continue,&rdquo; &ldquo;could,&rdquo;
&ldquo;estimate,&rdquo; &ldquo;expect,&rdquo; &ldquo;intends,&rdquo; &ldquo;may,&rdquo; &ldquo;might,&rdquo; &ldquo;plan,&rdquo; &ldquo;possible,&rdquo;
&ldquo;potential,&rdquo; &ldquo;predicts,&rdquo; &ldquo;project,&rdquo; &ldquo;should,&rdquo; &ldquo;would&rdquo; and similar expressions
may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking
statements in this prospectus may include, for example, statements about:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our ability to complete our initial business combination;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our success in retaining or recruiting, or changes required in, our officers, key employees or directors
    following our initial business combination;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our officers and directors allocating their time to other businesses and potentially having conflicts
    of interest with our business or in approving our initial business combination, as a result of which they would then receive expense
    reimbursements and other benefits;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our potential ability to obtain additional financing to complete a business combination;</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our pool of prospective target businesses;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the ability of our officers and directors to generate a number of potential investment opportunities;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">potential changes in control of us if we acquire one or more target businesses for stock or shares;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our public securities&rsquo; potential liquidity and trading;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the lack of a market for our securities;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our expectations regarding the time during which we will be an &ldquo;emerging growth company&rdquo;
    under the JOBS Act;</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our use of proceeds not held in the trust account; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our financial performance following this offering or following our initial business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The forward-looking statements contained in this
prospectus are based on our current expectations and beliefs concerning future developments and their potential effects on us. There
can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve
a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance
to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include,
but are not limited to, those factors described under the heading &ldquo;<I>Risk Factors</I>.&rdquo; Should one or more of these risks
or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those
projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except as may be required under applicable securities laws.</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><B><A NAME="a_005"></A>USE OF
PROCEEDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We estimate that the net proceeds of this offering,
in addition to the funds we will receive from the sale of the private units (all of which will be deposited into the trust account),
will be as set forth in the following table:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.125in; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Without <BR>Over-Allotment
    <BR>Option</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Over-Allotment
    <BR>Option <BR>Exercised</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Gross proceeds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 76%; text-align: left">From offering</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">175,000,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">201,250,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">From private
    placement</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">5,228,130</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">5,556,250</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Total gross proceeds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">180,228,130</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">206,806,250</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><I>Offering expenses</I><SUP>(1)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Underwriting discount (2.0% of gross
    proceeds from units offered to public, excluding deferred portion)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">3,500,000</TD>
    <TD STYLE="text-align: left"><SUP>(2)</SUP>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">4,025,000</TD>
    <TD STYLE="text-align: left"><SUP>(2)</SUP>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Legal fees and expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">280,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">280,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">NYSE listing fees (excluding deferred
    amount)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">5,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">5,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Printing and engraving expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">25,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">25,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Accounting fees and expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">55,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">55,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">SEC/FINRA expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">95,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">95,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Miscellaneous
    expenses</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">80,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">80,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Total expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">4,040,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">4,565,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-style: italic; text-align: left">Net proceeds</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Held in trust</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">175,000,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">201,250,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Not held in
    trust</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,188,130</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><SUP>(3)</SUP>&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">991,250</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><SUP>(3)</SUP>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Total net
    proceeds</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">176,188,130</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">202,241,250</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Amount</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Percentage</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"><I>Use of net proceeds not held in
    trust</I><SUP>(4)(5)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 76%; text-align: left">Legal, accounting and
    other third-party expenses attendant to the search for target businesses and to the due diligence investigation, structuring and
    negotiation of a business combination</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">1,000,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">40.0</TD>
    <TD STYLE="width: 1%; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Due diligence of prospective target
    businesses by officers and directors</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">400,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">16.0</TD>
    <TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Legal and accounting fees relating
    to SEC reporting obligations and NYSE listing fees</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">200,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">8.0</TD>
    <TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Payment of administrative fee ($20,000
    per month for up to 27 months)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">540,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">21.6</TD>
    <TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">D&amp;O insurance premiums</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">250,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">10.0</TD>
    <TD STYLE="text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Working capital
    to cover miscellaneous expenses</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">110,630</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">4.4</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Total</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">2,500,630</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">100.0</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">A portion of the offering expenses, including the SEC registration fee, the FINRA filing fee, the
    non-refundable portion of the NYSE listing fee and a portion of the legal and audit fees, have been paid from the loan we received
    from our executive officers described below. These funds will be repaid out of the proceeds of this offering available to us.</TD> </TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD></TD>
    <TD STYLE="text-align: left">(2)</TD>
    <TD STYLE="text-align: justify">No discounts or commissions will be paid with respect to the purchase of the private units. The underwriters
    have agreed to defer underwriting commissions equal to up to 3.5% of the gross proceeds of this offering. Upon completion of our
    initial business combination, up to $6,125,000 (or up to up to $7,043,750 if the underwriters&rsquo; over-allotment option is exercised
    in full), which constitutes the underwriters&rsquo; deferred commissions will be paid to BTIG from the funds held in the trust account.
    BTIG will not be entitled to any interest accrued on the deferred underwriting discounts and commissions.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: top"></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0in; vertical-align: top">(3)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; text-indent: 0in">The underwriters
    have agreed to make a payment to us in an amount equal to $1,312,500, or $1,509,375 if the over-allotment option is exercised in
    full, to reimburse us for certain of our expenses in connection with this offering and for expenses to be incurred by us following
    this offering as a public company. This reimbursement will have the effect of increasing the proceeds available to us outside of
    the trust account.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="text-align: left; width: 0.25in">(4)</TD>
    <TD STYLE="text-align: justify">The proceeds held in the trust account may be held in demand deposit accounts or invested only in
    U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under
    Rule&nbsp;2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations. We estimate the
    interest earned on the trust account will be approximately $____ per year, assuming an interest rate of ___% per year; however, we
    can provide no assurances regarding this amount.</TD> </TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD></TD>
    <TD STYLE="text-align: left">(5)</TD>
    <TD STYLE="text-align: justify">These are estimates only. Our actual expenditures for some or all of these items may differ from
    the estimates set forth herein. For example, we may incur greater legal and accounting expenses than our current estimates in connection
    with negotiating and structuring our initial business combination based upon the level of complexity of that business combination.
    We do not anticipate any change in our intended use of proceeds, other than fluctuations among the current categories of allocated
    expenses, which fluctuations, to the extent they exceed current estimates for any specific category of expenses, would be deducted
    from our excess working capital.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders and the underwriters have
committed that they and/or their designees will purchase the private units (for an aggregate purchase price of $5,228,130) from us on
a private placement basis simultaneously with the consummation of this offering. They have also agreed that if the over-allotment option
is exercised by the underwriters in full or in part, they will purchase from us an additional number of private warrants and private
units (up to a maximum of 32,813 private units at a price of $10.00 per private unit) necessary to maintain in the trust account $10.00
per unit sold to the public in this offering. These additional private units will be purchased in a private placement that will occur
simultaneously with the purchase of units resulting from the exercise of the over-allotment option. The private units are identical to
the units sold in this offering subject to certain limited exceptions as described elsewhere in this prospectus. All of the proceeds
we receive from these purchases will be placed in the trust account described below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">$175,000,000, or $201,250,000 if the over-allotment
option is exercised in full, of net proceeds of this offering and the sale of the private units, including up to $6,125,000, or up to
$7,043,750 if the over-allotment option is exercised in full, of deferred underwriting commissions, will be placed in a U.S.-based trust
account at Bank of America with Equiniti Trust Company, LLC, New York, New York, acting as trustee. The funds held in trust will be held
as cash items (including demand deposit accounts) or invested only in United States &ldquo;government securities&rdquo; within the meaning
of Section&nbsp;2(a)(16) of the Investment Company Act having a maturity of 185 days or less, or in money market funds meeting certain
conditions under Rule&nbsp;2a-7 promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations,
so that we are not deemed to be an investment company under the Investment Company Act. Except with respect to interest earned on the
funds held in the trust account that may be released to us to pay our income or other tax obligations and trust administration expenses
as described in this prospectus, the proceeds will not be released from the trust account until the earlier of the completion of a business
combination or our redemption of 100% of the outstanding public shares if we have not completed a business combination in the required
time period. The proceeds held in the trust account may be used as consideration to pay the sellers of a target business with which we
complete a business combination. Any amounts not paid as consideration to the sellers of the target business may be used to finance operations
of the target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The payment to Crescendo Advisors II, LLC, an entity
controlled by Mr.&nbsp;Rosenfeld, of a monthly fee of $20,000 is for general and administrative services including office space, utilities
and personnel. This arrangement is being agreed to by the affiliate of our executive officers for our benefit and is not intended to
provide our officers or directors with compensation in lieu of a salary. We believe, based on rents and fees for similar services, that
this fee is at least as favorable as we could have obtained from an unaffiliated person. The monthly administrative fee will terminate
upon completion of our initial business combination or the distribution of the trust account to our public shareholders. Other than the
$20,000 per month administrative fee, the payment of consulting, success or finder fees to our officers, directors, initial shareholders
or their affiliates in connection with the consummation of our initial business combination and the repayment of the approximate $147,000
loans from our officers (none of which payments will be made from the proceeds of this offering held in the trust account prior to the
completion of our initial business combination), no compensation of any kind will be paid to our initial shareholders, officers, directors
or any of their respective affiliates, for services rendered to us prior to or in connection with the consummation of our initial business
combination (regardless of the type of transaction that it is). However, such entity and individuals will receive reimbursement for any
out-of-pocket expenses incurred by them in connection with activities on our behalf, such as identifying potential target businesses,
performing business due diligence on suitable target businesses and business combinations as well as traveling to and from the offices,
plants or similar locations of prospective target businesses to examine their operations. Our audit committee will review and approve
all reimbursements and payments made to our officers, directors, initial shareholders or our or their respective affiliates, with any
interested director abstaining from such review and approval. To the extent such expenses exceed the available proceeds not deposited
in the trust</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">account or available to be withdrawn by us, such
expenses would not be reimbursed by us unless we consummate an initial business combination. Since the role of present management after
a business combination is uncertain, we have no ability to determine what remuneration, if any, will be paid to those persons after a
business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The net proceeds from this offering available to
us out of trust for our working capital requirements in searching for a business combination will be approximately $1,188,130, or $991,250
if the over-allotment option is exercised in full. However, the underwriters have agreed to make a payment to us in an amount equal to
$1,312,500, or $1,509,375 if the over-allotment option is exercised in full, to reimburse us for certain of our expenses in connection
with this offering and for expenses to be incurred by us following this offering as a public company. This reimbursement will have the
effect of increasing the proceeds available to us outside of the trust account. We intend to use the proceeds held out of the trust account
for miscellaneous expenses such as paying for due diligence, legal, accounting and other expenses of structuring and negotiating business
combinations, as well as for reimbursement of any out-of-pocket expenses incurred by our officers, directors, initial shareholders or
their affiliates in connection with activities on our behalf as described above. The allocation of the net proceeds available to us outside
of the trust account represents our best estimate of the intended uses of these funds. In the event that our assumptions prove to be
inaccurate, we may reallocate some of such proceeds within the above described categories.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may use substantially all of the net proceeds
of this offering, including the funds held in the trust account, to acquire a target business and to pay our expenses relating thereto.
To the extent that our shares are used in whole or in part as consideration to effect a business combination, the proceeds held in the
trust account which are not used to consummate a business combination will be disbursed to the combined company and will, along with
any other net proceeds not expended, be used as working capital to finance the operations of the target business. Such working capital
funds could be used in a variety of ways including continuing or expanding the target business&rsquo; operations, for strategic acquisitions
and for marketing, research and development of existing or new products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To the extent we are unable to consummate a business
combination, we will pay the costs of liquidation from our remaining assets outside of the trust account. If such funds are insufficient,
we may use up to $100,000 of interest earned on the funds held in the trust account for our liquidation expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of November&nbsp;30, 2023, our executive officers
had loaned us an aggregate of $50,000. On December 13, 2023, our executive officers loaned us an additional $46,784.59. The loans have
been used to pay a portion of the expenses of this offering referenced in the line items above for SEC registration fee, FINRA filing
fee, the non-refundable portion of the NYSE listing fee, a portion of the legal and audit fees and other offering expenses. The loans
are due on the earlier of December&nbsp;31, 2024, the consummation of this offering or the abandonment of this offering. The loans will
be payable without interest. If we consummate this offering, the loans will be repaid out of the proceeds of this offering available
to us for payment of offering expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe that, upon consummation of this offering,
the approximate $1,188,130 of net proceeds not held in the trust account, or $991,250 if the over-allotment option is exercised in full,
plus the $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, that the underwriters have agreed to pay us to
reimburse us for certain of our expenses in connection with this offering and for expenses to be incurred by us following this offering
as a public company, will be sufficient to allow us to operate for the next 27 months, assuming that a business combination is not consummated
during that time. However, if necessary, in order to meet our working capital needs following the consummation of this offering, our
initial shareholders, officers, directors and their affiliates may, but are not obligated to, loan us funds, from time to time or at
any time, in whatever amount they deem reasonable in their sole discretion. Each loan would be evidenced by a promissory note. The notes
would either be paid upon consummation of our initial business combination, without interest, or, at holder&rsquo;s discretion, up to
$1,500,000 of the notes may be converted into units at a price of $10.00 per unit. The units would be identical to the private units.
In the event that the initial business combination does not close, we may use a portion of the working capital held outside the trust
account to repay such loaned amounts, but no proceeds from our trust account would be used for such repayment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A public shareholder will be entitled to receive
funds from the trust account (including interest earned on his, her or its portion of the trust account to the extent not previously
released to us) only in the event of (i) our redemption of 100% of the outstanding public shares if we have not completed a business
combination in the required time period, (ii) if that public shareholder converts such shares, or sells such shares to us in a tender
offer, in connection with a business combination which we consummate or (iii) we seek to amend any provisions of our amended and restated
memorandum and articles of association that would affect our public shareholders&rsquo; ability to convert or sell their</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">shares to us as described herein or affect the substance
or timing of our obligation to redeem 100% of our public shares if we do not complete a business combination within 24 months from the
closing of this offering (or 27 months from the closing of this offering if we have executed a letter of intent, agreement in principle
or definitive agreement for an initial business combination within 24 months from the closing of this offering). This redemption right
shall apply in the event of the approval of any such amendment to our amended and restated memorandum and articles of association, whether
proposed by our initial shareholders, executive officers, directors or any other person. In no other circumstances will a public shareholder
have any right or interest of any kind to or in the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_006"></A>DIVIDEND POLICY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We have not paid any cash dividends on our ordinary
shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. The payment of cash
dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition
subsequent to completion of our initial business combination. The payment of any cash dividends subsequent to our initial business combination
will be within the discretion of our board of directors at such time and we will only pay such dividend out of our profits or share premium
(subject to solvency requirements) as permitted under Cayman Islands Law. Further, if we incur any indebtedness in connection with our
initial business combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection
therewith. If we increase the size of the offering, we will effect a share dividend, or other appropriate mechanism, as applicable, with
respect to our founder shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of our
initial shareholders at 20% of our issued and outstanding ordinary shares upon the consummation of this offering (excluding the private
shares, representative founder shares and any units purchased in this offering).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_007"></A>DILUTION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The difference between the public offering price
per share, assuming no value is attributed to the warrants included in the units we are offering by this prospectus and the private warrants,
and the pro forma net tangible book value per share after this offering constitutes the dilution to investors in this offering. Such
calculation does not reflect any dilution associated with the sale and exercise of warrants, including the private warrants. Net tangible
book value per share is determined by dividing our net tangible book value, which is our total tangible assets less total liabilities
(including the value of ordinary shares which may be converted into cash or sold in a tender offer), by the number of outstanding ordinary
shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At November&nbsp;30, 2023, our net tangible book
value was $4,130, or approximately $0.00 per ordinary share. After giving effect to the sale of 17,500,000 ordinary shares included in
the units we are offering by this prospectus, the sale of the private units and the deduction of underwriting commissions, estimated
expenses of this offering and proceeds held in the trust account subject to redemption/tender, our pro forma net tangible book value
at November&nbsp;30, 2023 would have been $(4,929,002) or $0.99 per share, representing an immediate increase in net tangible book value
(as decreased by the value of the approximately 17,500,000 ordinary shares that may be converted to cash and assuming no exercise of
the underwriters&rsquo; over-allotment option) of $0.99 per share to our initial shareholders and an immediate dilution of $10.99 per
share or 109.9% to our public shareholders not exercising their conversion rights. The decrease attributable to public shares subject
to conversion is included in the calculation below at $10.00 per share, as all public shareholders have the right to convert. The dilution
to new investors if the underwriters exercise their over-allotment option in full would be an immediate dilution of $11.07 per share
or 110.7%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table illustrates the dilution to the
new investors on a per-share basis, assuming no value is attributed to the warrants included in the units and the private warrants:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 76%; text-align: left; text-indent: -0.25in; padding-left: 0.25in">Public offering price</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">$</TD>
    <TD STYLE="text-align: right; width: 9%">10.00</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Net tangible book value before this
    offering<SUP>(1)</SUP></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(0.00</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in">Decrease attributable to public shareholders
    and private sales</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.99</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Pro forma net tangible book value after
    this offering</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(0.99</TD>
    <TD>)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt; text-indent: -0.25in; padding-left: 0.25in">Dilution to public shareholders</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">10.99</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; text-indent: -0.25in; padding-left: 0.25in">Percentage of dilution to public shareholders</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">109.9</TD>
    <TD>%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth information with respect
to our existing shareholders and the public shareholders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Shares</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Total Consideration</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-weight: bold; text-align: center">Average Price</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Number</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Purchased</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Percentage</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Amount</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Percentage</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">per&nbsp;Share</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; width: 40%; text-align: left">Initial shareholders</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">4,375,000</TD>
    <TD STYLE="width: 1%; text-align: left"><SUP>(1)</SUP>&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">19.5</TD>
    <TD STYLE="width: 1%; text-align: left">%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">25,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">0.0</TD>
    <TD STYLE="width: 1%; text-align: left">%</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">0.006</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in">Representative shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">87,500</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">0.4</TD>
    <TD STYLE="text-align: left">%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">0.0</TD>
    <TD STYLE="text-align: left">%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">0.001</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; text-align: left">Private units</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">522,813</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">2.3</TD>
    <TD STYLE="text-align: left">%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">5,228,130</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">2.9</TD>
    <TD STYLE="text-align: left">%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">10.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Public shareholders</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">17,500,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">77.8</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">%</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">175,000,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">97.1</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">%</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">$</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right">10.00</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; padding-bottom: 2.5pt">Total</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">22,485,313</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">100.0</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">180,253,139</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">100.0</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">%</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Assumes the over-allotment option has not been exercised and an aggregate of 656,250 founders&rsquo;
    shares have been forfeited as a result thereof.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 56; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The pro forma net tangible book value after the offering
is calculated as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Numerator:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left">Net tangible book value
    before the offering</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">4,130</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Net proceeds from this offering and
    private placement</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">176,188,130</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Plus: Offering costs accrued for
    and paid in advance, excluded from tangible book value before this offering</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">3,738</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Less: Deferred underwriting commission</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">(6,125,000</TD>
    <TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Less: Proceeds
    held in trust subject to possible redemption</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(175,000,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(4,929,002</TD>
    <TD STYLE="text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Denominator:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Ordinary shares outstanding prior
    to this offering, including representative founder shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">4,462,500</TD>
    <TD STYLE="text-align: left"><SUP>(1)</SUP>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Ordinary shares included in the units
    offered</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">17,500,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Private Shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">522,813</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Less: Shares
    subject to possible redemption</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,500,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">4,985,313</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Assumes the over-allotment option has not been exercised and an aggregate of 656,250 founders&rsquo;
    shares have been forfeited as a result thereof.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 57; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_008"></A>CAPITALIZATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth our capitalization
at November&nbsp;30, 2023 and as adjusted to give effect to the sale of our units and the private units and the application of the estimated
net proceeds derived from the sale of such securities:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">November&nbsp;30,
    <BR> 2023</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Actual</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>As
    Adjusted<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 76%; text-align: left; padding-bottom: 1pt">Notes
    payable from related party</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="width: 9%; border-bottom: Black 1pt solid; text-align: right">12,500</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="width: 9%; border-bottom: Black 1pt solid; text-align: right"></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Deferred underwriting
    commissions</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">6,125,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Ordinary
    shares, $0.0001 par value, &ndash;0&ndash; and 17,500,000 shares which are subject to possible redemption<SUP>(2)</SUP></FONT>, actual
    and as adjusted, respectively</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">175,000,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Shareholders&rsquo; equity:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Preference shares, $0.0001 par value,
    1,000,000 shares authorized; none issued or outstanding</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Ordinary shares, $0.0001 par value,
    200,000,000 shares authorized; 5,118,750 shares issued and outstanding, actual; 4,985,313 shares issued and outstanding (excluding
    17,500,000 shares subject to possible redemption), as adjusted</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">512</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">499</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Additional paid-in capital</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">24,988</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Accumulated
    deficit</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4,929,501</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1pt">Total shareholders&rsquo;
    equity (deficit)</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">7,868</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(4,929,002</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 2.5pt">Total capitalization</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">20,368</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">176,195,998</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Includes the $5,228,130 we will receive from the sale of the private units. Also assumes a payment
    to us from the underwriters in an amount equal to $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, to
    reimburse us for certain of our expenses in connection with this offering and for expenses to be incurred by us following this offering
    as a public company.</TD> </TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(2)</TD>
    <TD STYLE="text-align: justify">Assumes the over-allotment option has not been exercised and an aggregate of 656,250 founders&rsquo;
    shares have been forfeited as a result thereof</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_009"></A>MANAGEMENT&rsquo;S DISCUSSION
AND ANALYSIS OF<BR>FINANCIAL CONDITION AND RESULTS OF OPERATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a Cayman Islands exempted company incorporated
on November&nbsp;6, 2023 for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization,
reorganization or other similar business combination with one or more target businesses. Our efforts to identify a prospective target
business will not be limited to a particular industry or geographic region although we currently intend to focus on target businesses
in the infrastructure, E&amp;C, industrial and renewables industries. We intend to utilize cash derived from the proceeds of this offering,
our securities, debt or a combination of cash, securities and debt, in effecting a business combination. The issuance of additional ordinary
shares or preference shares:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">may significantly reduce the equity interest of our shareholders;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">may subordinate the rights of holders of ordinary shares if we issue preference shares with rights
    senior to those afforded to our ordinary shares;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">will likely cause a change in control if a substantial number of our ordinary shares are issued,
    which may affect, among other things, our ability to use our net operating loss carry forwards, if any, and most likely will also
    result in the resignation or removal of our present officers and directors; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">may adversely affect prevailing market prices for our securities.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Similarly, if we issue debt securities, it could
result in:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">default and foreclosure on our assets if our operating revenues after a business combination are
    insufficient to pay our debt obligations;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">acceleration of our obligations to repay the indebtedness even if we have made all principal and
    interest payments when due if the debt security contains covenants that required the maintenance of certain financial ratios or reserves
    and we breach any such covenant without a waiver or renegotiation of that covenant;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our immediate payment of all principal and accrued interest, if any, if the debt security is payable
    on demand; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our inability to obtain additional financing, if necessary, if the debt security contains covenants
    restricting our ability to obtain additional financing while such security is outstanding.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have neither engaged in any operations nor generated
any revenues to date. Our entire activity since inception has been to prepare for our proposed fundraising through an offering of our
equity securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an emerging growth company as defined in the
JOBS Act. As an emerging growth company, we have elected to delay the adoption of new or revised accounting standards that have different
effective dates for public and private companies until those standards apply to private companies. As such, our financial statements
may not be comparable to companies that comply with public company effective dates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Liquidity and Capital Resources</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As indicated in the accompanying financial statements,
at November&nbsp;30, 2023, we had $0 in cash and working capital of $4,130. Further, we have incurred and expect to continue to incur
significant costs in pursuit of our financing and acquisition plans. Management plans to address this uncertainty through this offering.
We cannot assure you that our plans to raise capital or to consummate an initial business combination will be successful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our liquidity needs have been satisfied to date through
the payment of certain of our deferred formation costs and offering costs with the $25,000 purchase price of the founders&rsquo; shares
and loans from our executive officers in an aggregate amount of approximately $147,000 are more fully described below. We estimate that
the net proceeds from (i) the sale of the units in this offering, after deducting offering expenses of approximately $540,000 and underwriting
discounts and commissions of $3,500,000 (or $4,025,000 if the over-allotment option is exercised in full), excluding up to $6,125,000,
or up to $7,043,750 if the over-allotment option is exercised in full, of deferred underwriting commissions, and (ii) the sale of the
private units for a purchase price of $5,228,130 (or $5,556,250 if the over-allotment</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">option is exercised in full) will be $176,188,130
(or $202,216,250 if the over-allotment option is exercised in full). Of this amount, $175,000,000 (or $201,250,000 if the over-allotment
option is exercised in full) will be held in the trust account. The remaining $1,188,130, or $991,250 if the over-allotment option is
exercised in full, will not be held in trust. The underwriters have agreed to make a payment to us in an amount equal to $1,312,500,
or $1,509,375 if the over-allotment option is exercised in full, to reimburse us for certain of our expenses in connection with this
offering and for expenses to be incurred by us following this offering as a public company. This reimbursement will have the effect of
increasing the proceeds available to us outside of the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may use substantially all of the net proceeds
of this offering, including the funds held in the trust account, to acquire a target business and to pay our expenses relating thereto.
To the extent that our shares are used in whole or in part as consideration to effect a business combination, the remaining proceeds
held in the trust account as well as any other net proceeds not expended will be used as working capital to finance the operations of
the target business. Such working capital funds could be used in a variety of ways including continuing or expanding the target business&rsquo;
operations, for strategic acquisitions and for marketing, research and development of existing or new products. Such funds could also
be used to repay any operating expenses or finders&rsquo; fees which we had incurred prior to the completion of our business combination
if the funds available to us outside of the trust account were insufficient to cover such expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe that, upon consummation of this offering,
the approximate $1,188,130 of net proceeds not held in the trust account, or $991,250 if the over-allotment option is exercised in full,
plus the $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, the underwriters have agreed to pay us to reimburse
us for certain of our expenses in connection with this offering and for expenses to be incurred by us following this offering as a public
company, together with the interest earned on the funds held in the trust account available to us for working capital needs, will be
sufficient to allow us to operate for at least the next 27 months, assuming that a business combination is not consummated during that
time. Over this time period, we will be using these funds for identifying and evaluating prospective acquisition candidates, performing
business due diligence on prospective target businesses, traveling to and from the offices, plants or similar locations of prospective
target businesses, reviewing corporate documents and material agreements of prospective target businesses, selecting the target business
to acquire and structuring, negotiating and consummating the business combination. We anticipate that we will incur approximately:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$1,000,000 of expenses for the search for target businesses and for the legal, accounting and other
    third-party expenses attendant to the due diligence investigations, structuring and negotiating of a business combination;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$400,000 of expenses for the due diligence and investigation of a target business by our officers
    and directors;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$200,000 of expenses in legal and accounting fees relating to our SEC reporting obligations and NYSE
    listing fees;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$540,000 for the payment of the administrative fee ($20,000 per month for up to 27 months);</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$250,000 for director and officer insurance premiums; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">$110,630 for general working capital that will be used for miscellaneous expenses.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If our estimates of the above costs are less than
the actual costs, we may have insufficient funds available to operate our business prior to our initial business combination. Moreover,
we may need to obtain additional financing either to consummate our initial business combination or because we become obligated to redeem
a significant number of our public shares upon consummation of our initial business combination, in which case we may issue additional
securities or incur debt in connection with such business combination. We do not have a maximum debt leverage ratio or a policy with
respect to how much debt we may incur. The amount of debt we will be willing to incur will depend on the facts and circumstances of the
proposed business combination and market conditions at the time of the potential business combination. At this time, we are not party
to any arrangement or understanding with any third party with respect to raising additional funds through the sale of our securities
or the incurrence of debt. Subject to compliance with applicable securities laws, we would only consummate such financing simultaneously
with the consummation of our initial business combination. In the current economic environment, it has become especially difficult to
obtain acquisition financing. Additionally, following our initial business combination, if cash on hand is insufficient, we may need
to obtain additional financing in order to meet our obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Related Party Transactions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our executive officers have loaned an aggregate of
approximately $147,000 to us, on a non-interest-bearing basis, for payment of offering expenses on our behalf. The loans will be payable
without interest on the earlier to occur of December&nbsp;31, 2024, the consummation of this offering, or the abandonment of this offering.
If the offering is consummated, the loans will be repaid out of the proceeds of this offering not being placed in trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are obligated, commencing on the date of this
prospectus, to pay Crescendo Advisors II, LLC, an entity controlled by Mr.&nbsp;Rosenfeld, a monthly fee of $20,000 for general and administrative
services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders and the underwriters have
committed that they and/or their designees will purchase an aggregate of 522,813 private units at $10.00 per private unit (for a total
purchase price of $5,228,130) from us. This purchase will take place on a private placement basis simultaneously with the consummation
of this offering. They have also agreed that if the over-allotment option is exercised by the underwriters in full or in part, they and/or
their designees will purchase from us an additional number of private units (up to a maximum of 32,813 private units at a price of $10.00
per private unit) necessary to maintain in the trust account $10.00 per unit sold to the public in this offering. These additional private
units will be purchased in a private placement that will occur simultaneously with the purchase of units resulting from the exercise
of the over-allotment option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We do not believe we will need to raise additional
funds following this offering in order to meet the expenditures required for operating our business. However, in order to finance transaction
costs in connection with an intended initial business combination, our initial shareholders, officers, directors or their affiliates
may, but are not obligated to, loan us funds as may be required. If we consummate an initial business combination, we would repay such
loaned amounts; provided that up to $1,500,000 of such loans may be convertible into units of the post business combination entity at
a price of $10.00 per unit at the option of the lender. The units would be identical to the private units. In the event that the initial
business combination does not close, we may use a portion of the working capital held outside the trust account to repay such loaned
amounts, but no proceeds from our trust account would be used for such repayment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Controls and Procedures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not currently required to maintain an effective
system of internal controls as defined by Section&nbsp;404 of the Sarbanes-Oxley Act. We will be required to comply with the internal
control requirements of the Sarbanes-Oxley Act for the fiscal year ending November 30, 2025. As of the date of this prospectus, we have
not completed an assessment, nor have our auditors tested our systems, of internal controls. We expect to assess the internal controls
of our target business or businesses prior to the completion of our initial business combination and, if necessary, to implement and
test additional controls as we may determine are necessary in order to state that we maintain an effective system of internal controls.
A target business may not be in compliance with the provisions of the Sarbanes-Oxley Act regarding the adequacy of internal controls.
Target businesses we may consider for a business combination may have internal controls that need improvement in areas such as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">staffing for financial, accounting and external reporting areas, including segregation of duties;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reconciliation of accounts;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">proper recording of expenses and liabilities in the period to which they relate;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">evidence of internal review and approval of accounting transactions;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">documentation of processes, assumptions and conclusions underlying significant estimates; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">documentation of accounting policies and procedures.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Because it will take time, management involvement
and perhaps outside resources to determine what internal control improvements are necessary for us to meet regulatory requirements and
market expectations for our operation of a target business, we may incur significant expense in meeting our public reporting responsibilities,
particularly in the areas of designing, enhancing, or remediating internal and disclosure controls. Doing so effectively may also take
longer than we expect, thus increasing our exposure to financial fraud or erroneous financing reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Once our management&rsquo;s report on internal controls is complete, we
will retain our independent auditors to audit and render an opinion on such report when required by Section&nbsp;404. The independent
auditors may identify additional issues concerning a target business&rsquo;s internal controls while performing their audit of internal
control over financial reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Quantitative and Qualitative Disclosures about
Market Risk</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The net proceeds of this offering, including amounts
in the trust account, will be invested in United States &ldquo;government securities&rdquo; within the meaning of Section&nbsp;2(a)(16)
of the Investment Company Act having a maturity of 185 days or less, or in money market funds meeting certain conditions under Rule&nbsp;2a-7
promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations. Due to the short-term
nature of these investments, we believe there will be no associated material exposure to interest rate risk.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Off-Balance Sheet Arrangements; Commitments and
Contractual Obligations; Quarterly Results</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date of this prospectus, we did not have
any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K and did not have any commitments or contractual
obligations. No unaudited quarterly operating data is included in this prospectus as we have conducted no operations to date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><B><A NAME="a_010"></A>PROPOSED
BUSINESS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Introduction</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a blank check company incorporated in the
Cayman Islands on November&nbsp;6, 2023 as an exempted company, formed for the purpose of entering into a merger, share exchange, asset
acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more target businesses.
Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region although we currently
intend to focus on target businesses in the infrastructure, E&amp;C, industrial and renewables industries. We do not have any specific
business combination under consideration, and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective
target business or had any substantive discussions, formal or otherwise, with respect to such a transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We will seek to capitalize on the experience
of our management team in consummating an initial business combination. As more fully described below, Eric S. Rosenfeld, our Chief SPAC
Officer, and David D. Sgro, our Vice Chairman of the Board, have led eight prior public blank check companies: (i) Arpeggio, which raised
$40.8 million in June&nbsp;2004 and consummated a business combination with Hill International in June&nbsp;2006, (ii) Rhapsody, which
raised $41.4 million in October&nbsp;2006 and consummated a business combination with Primoris in July&nbsp;2008, (iii) Trio, which raised
$69 million in June&nbsp;2011 and consummated a business combination with SAE in June&nbsp;2013, (iv) Quartet, which raised $96.6 million
in November&nbsp;2013 and consummated a business combination with Pangea in October&nbsp;2014, (v) Harmony, which raised $115.0 million
in March&nbsp;2015 and consummated a business combination with NextDecade in July&nbsp;2017, (vi) Allegro, which raised $149.5 million
in July&nbsp;2018 and executed a definitive merger agreement with TGI Fridays&rsquo; that was later terminated due largely to the COVID-19
pandemic, (vii) Legato I, which raised approximately $235.8 in January&nbsp;2021 and consummated a business combination with Algoma in
October&nbsp;2021 and (viii) Legato II, which raised $276.0 million in November&nbsp;2021 and consummated a business combination with
Southland in February&nbsp;2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Chief Executive Officer, Gregory Monahan,
is a Senior Managing Director of Crescendo Partners, L.P., a New York-based investment firm, and the Senior Portfolio Manager of Jamarant
Capital, L.P. a private investment partnership. He is also served as Chief Executive Officer of Legato II.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Chief Financial Officer, Adam Jaffe, also
served as the Chief Financial Officer of Allegro, Legato I and Legato II. He is the Chief Financial Officer of Crescendo Partners, LP
and the Chief Compliance Officer and Chief Financial Officer of Jamarant Capital, LP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our Chairman, Brian Pratt, was formerly the Chairman
and CEO of Primoris, an E&amp;C company that went public through a business combination with Rhapsody in 2008. Over his tenure as a public
company CEO, Mr.&nbsp;Pratt made numerous E&amp;C acquisitions and grew Primoris&rsquo; revenue from approximately $550 million to over
$2 billion and EBITDA from approximately $40 million to over $150 million. During his time as Primoris&rsquo; Chairman and Chief Executive
Officer, the company&rsquo;s stock price increased to a high of over $33.00 per share. In addition to his role as Chairman and Chief
Executive Officer of Primoris, Mr.&nbsp;Pratt has participated in numerous private investments in infrastructure and energy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Adam J. Semler, a member of our Board, served
as a member of the Board and Chairman of the Audit committees of Harmony and Allegro. John Ing, a member of our Board, served as a member
of the Board of Legato I and Legato II.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We believe that potential sellers of target businesses
will view the fact that our management team has successfully closed seven business combinations with vehicles similar to our company
(and entered into a business combination agreement for an eighth one) as a positive factor in considering whether or not to enter into
a business combination with us. However, there is no assurance that we will complete a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In June&nbsp;2004, Arpeggio, a blank check company
founded by Eric S. Rosenfeld, consummated its initial public offering, raising $40.8 million (at $6.00 per unit, each consisting of one
share of common stock and two warrants, each to purchase one share of common stock). In June&nbsp;2006, Arpeggio completed a merger with
Hill International, and, shortly thereafter, the company changed its name to &ldquo;Hill International, Inc.&rdquo; Hill International
provided fee-based project management and construction claims services worldwide, primarily serving the United States and other national
governments, state and local governments, and the private sector. It was founded in 1976 and is headquartered in Philadelphia, Pennsylvania.
Hill International&rsquo;s common stock traded on the New York Stock Exchange under the symbol HIL and its price ranged from $2.11 to
$19.30 following the completion of its business combination with</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Arpeggio. Eric S. Rosenfeld served as a director
of Hill International from June&nbsp;2006 to June&nbsp;2010 and David D. Sgro served as a director of Hill International from August&nbsp;2016
to December&nbsp;2022 when it was acquired by Global Infrastructure Solutions Inc. for $3.40 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In October&nbsp;2006, Rhapsody, a blank check company
founded by Mr.&nbsp;Rosenfeld and David D. Sgro, consummated its initial public offering, raising $41.4 million (at $8.00 per unit, each
consisting of one share of common stock and one warrant to purchase one share of common stock). In July&nbsp;2008, Rhapsody completed
a merger with Primoris and, shortly thereafter, the company changed its name to &ldquo;Primoris Services Corporation.&rdquo; Primoris
provided construction, fabrication, maintenance, replacement, and engineering services to public utilities, petrochemical companies,
energy companies, and municipalities primarily in the United States and Canada. Primoris is headquartered in Dallas, Texas.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Primoris&rsquo;s common stock currently trades on
the Nasdaq Capital Market under the symbol PRIM and its price has ranged from $3.25 to $33.35 following the completion of its business
combination with Rhapsody, with a closing price of $____ on ______, 2024. Eric S. Rosenfeld served as a director of Primoris from the
completion of its business combination in 2008 until May&nbsp;2014. David D. Sgro served as a director of Primoris from 2008 to 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March&nbsp;2008, Mr.&nbsp;Rosenfeld became the
chairman of the board, chief executive and president, and Mr.&nbsp;Sgro became the chief financial officer, secretary and a director,
of Symphony Acquisition Corp. and Staccato Acquisition Corp., two blank check companies, each formed to complete a business combination
with one or more businesses or entities. Due to market conditions following the financial collapse in the fall of 2008, neither Symphony
Acquisition Corp. nor Staccato Acquisition Corp. completed its initial public offering and neither engaged in any substantive operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June&nbsp;2011, Trio, a blank check company founded
by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $69.0 million (at $10.00 per unit, each consisting of
one share of common stock and one warrant to purchase one share of common stock). In June&nbsp;2013, Trio completed a merger with SAE
and in connection therewith the company changed its name to &ldquo;SAExploration Holdings, Inc.&rdquo; SAE was a holding company of various
subsidiaries which collectively formed a geophysical services provider offering seismic data acquisition services to the oil and gas
industry in North America, South America, and Southeast Asia. SAE provided a full range of services related to the acquisition of 2D,
3D and time-lapse 4D seismic data on land, in transition zones between land and water and in shallow water, as well as seismic data field
processing. SAE&rsquo;s common stock traded on the OTC Bulletin Board under the symbol SAEX. The price of SAE&rsquo;s common stock ranged
from $0.01 to $10.32 following completion of its business combination with Trio, and went private following a reorganization under Chapter
11 bankruptcy protection in December of 2020. Eric S. Rosenfeld and David D. Sgro served as directors of SAE from the closing of its
merger in 2013 until July&nbsp;2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2013, Quartet, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $96.6 million (at $10.00 per unit, each consisting
of one share of common stock and one right). In October&nbsp;2014, Quartet completed a merger with Pangaea Logistics Solutions Ltd.,
a growth oriented global logistics company focused on providing seaborne dry bulk transportation services. It is headquartered in Newport,
Rhode Island and conducts all operations through its direct and indirect subsidiaries. Pangaea&rsquo;s common stock currently trades
on the Nasdaq Capital Market under the symbol PANL, and the price of the common stock has ranged from $1.62 to $9.17 following completion
of the business combination with Quartet, with a closing price of $___ on ________, 2024. Eric S. Rosenfeld and David D. Sgro currently
serve as directors of Pangaea.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March&nbsp;2015, Harmony, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $115.0 million (at $10.00 per unit, each consisting
of one share of common stock and one warrant to purchase one share of common stock). In July&nbsp;2017, Harmony completed its business
combination with NextDecade, a liquefied natural gas (&ldquo;LNG&rdquo;) development company focused on LNG export projects and associated
pipelines in the State of Texas. NextDecade&rsquo;s common stock currently trades on the Nasdaq Capital Market under the symbols &ldquo;NEXT&rdquo;
and the price has ranged from $1.17 to $10.44 following consummation of the business combination with Harmony, with a closing price of
$___ on ________, 2024. Eric S. Rosenfeld and David D. Sgro served as directors of NextDecade from the time of the business combination
until 2020 and 2018, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In July&nbsp;2018, Allegro, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $149.5 million (at $10.00 per unit, each consisting
of one share of common stock and one warrant to purchase one share of common stock). In November of 2019, Allegro announced that it had
signed a definitive merger agreement with TGI Fridays, an American casual dining bar and grill concept founded in 1965, with locations
in over 55 countries, including 442 international franchised units and 396 domestic units. On March&nbsp;31, 2020, Allegro and TGI Fridays
jointly announced that they had agreed to terminate the merger as the minimum cash closing condition was not met due in part to the uncertainty
created by the global COVID-19 pandemic and its impact on the restaurant industry. Allegro returned approximately $10.30 and $0.01 per
share to its public shareholders in April&nbsp;2020 and August&nbsp;2021, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January&nbsp;2021, Legato I, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising approximately $235.8 million (at $10.00 per unit,
each consisting of one share of common stock and one warrant to purchase one share of common stock). In October&nbsp;2021, Legato I completed
its business combination with Algoma, the parent holding company of Algoma Steel Inc., a Canadian fully integrated steel producer of
hot and cold rolled steel products, including sheet and plate, whose product applications are used in the automotive, construction, energy,
defense, and manufacturing sectors. Algoma&rsquo;s common shares currently trade on the Nasdaq Stock Market and the TSX under the symbol
&ldquo;ASTL&rdquo; and its warrants trade on Nasdaq and the TSX under the symbols &ldquo;ASTLW&rdquo; and &ldquo;ASTL.WT&rdquo;, respectively,
and the price of the common shares has ranged from $10.75 to $13.00 following consummation of the business combination with Legato I,
with a closing price of $___ on _______, 2024. Eric S. Rosenfeld and David D. Sgro have continued to serve as directors of Algoma following
the consummation of the business combination. Brian Pratt served as a director of Algoma following the consummation of the business combination
in October&nbsp;2021 until March&nbsp;2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2021, Legato II, a blank check company
founded by Messrs. Rosenfeld and Sgro, consummated its initial public offering, raising $276.0 million (at $10.00 per unit, each consisting
of one share of common stock and one-half of one warrant each whole warrant to purchase one share of common stock). In February&nbsp;2023,
Legato II completed its business combination with Southland, one of the largest construction companies in North America. Southland&rsquo;s
common stock and warrants currently trade on the NYSE American LLC under the symbols &ldquo;SLND&rdquo; and &ldquo;SLND WS,&rdquo; respectively,
and the price of the common stock has ranged from $___ to $__ following consummation of the business combination with Legato II, with
a closing price of $___ on _______, 2024. Gregory Monahan and Brian Pratt have continued to serve as directors of Southland following
the consummation of the business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Given its track record of reviewing and completing
SPAC transactions in the infrastructure, E&amp;C, industrial and renewables segments, coupled with Mr.&nbsp;Pratt&rsquo;s management
and transaction related experience in these industries, we believe that our management team and board has the skills and experience to
identify, evaluate and consummate a business combination in sectors that we have identified. In addition, we believe that our management
team is uniquely positioned to assist the business that we may ultimately acquire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Notwithstanding the foregoing, past performance of
our management team is not a guarantee either (i) that we will be able to identify a suitable candidate for our initial business combination
or (ii) of success with respect to any business combination we may consummate. You should not rely on the historical performance record
of our management team as indicative of our future performance. Additionally, in the course of their respective careers, members of our
management team have been involved in businesses and deals that were unsuccessful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Competitive Strengths</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Alternative Path to Becoming Public</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe our structure will make us an attractive
business combination partner to prospective target businesses that desires to become a publicly listed company. A merger with us will
offer a target business an alternative process to a public listing rather than the traditional initial public offering process. We believe
that target businesses may favor this alternative, which we believe is less expensive and takes less time, while offering greater certainty
of execution than the traditional initial public offering. Furthermore, once a proposed business combination is approved by our shareholders
and the transaction is consummated, the target business will have effectively become public, whereas an initial public offering is always
subject to the underwriters&rsquo; ability to complete the offering, as well as general market conditions that could prevent the offering
from occurring. Once public, we believe the target business would have greater access to capital and additional means of creating management
incentives that are better aligned with shareholders&rsquo; interests than it would as a private company. A public company can offer
further benefits by augmenting a company&rsquo;s profile among potential new customers and vendors and aid in attracting talented management.
With public company corporate governance standards, a target business may become attractive to the public investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Strong Financial Position with Flexibility.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">With funds in the trust account of $175,000,000 (or
$201,250,000 if the over-allotment option is exercised in full), after payment of up to $6,125,000 (or up to $7,043,750 if the over-allotment
option is exercised in full) of deferred underwriting commissions, available to use for a business combination, we offer a target business
a variety of options such as providing the owners of a target business with shares in a public company and a public means to sell such
shares, providing capital for the potential growth and expansion of its operations or strengthening its balance sheet by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">reducing its debt ratio. Because we are able to consummate
our initial business combination using cash, debt or equity securities, contingent consideration or a combination of the foregoing, we
have the flexibility to use the most efficient combination that will allow us to tailor the consideration to be paid to the target business
to fit its needs and desires. However, since we have no specific business combination under consideration, we have not taken any steps
to secure third party financing and there can be no assurance that it will be available to us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><B>Effecting a Business Combination</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>General</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not presently engaged in, and we will not
engage in, any substantive commercial business for an indefinite period of time following this offering. We intend to utilize cash derived
from the proceeds of this offering and the private placement of private units, our shares, debt or a combination of these in effecting
a business combination which has not yet been identified. Accordingly, investors in this offering are investing without first having
an opportunity to evaluate the specific merits or risks of any one or more business combinations. A business combination may involve
the acquisition of, or merger with, a company which does not need substantial additional capital, but which desires to establish a public
trading market for its shares. These include time delays, significant expense, loss of voting control and compliance with various federal
and state securities laws. In the alternative, we may seek to consummate a business combination with a company that may be financially
unstable or in its early stages of development or growth. While we may seek to effect simultaneous business combinations with more than
one target business, we will probably have the ability, as a result of our limited resources, to effect only a single business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We Have Not Identified a Target Business</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To date, we have not selected any target business
on which to concentrate our search for a business combination. None of our initial shareholders, officers, directors, promoters and other
affiliates has engaged in any substantive discussions on our behalf with representatives of other companies regarding the possibility
of a potential merger, capital stock or share exchange, asset acquisition or other similar business combination with us. Additionally,
we have not engaged or retained any agent or other representative to identify or locate such companies. We have also not contacted any
of the prospective target businesses that Arpeggio, Rhapsody, Trio, Quartet, Harmony, Allegro, Legato I or Legato II had considered and
rejected while such entity was a blank check company searching for target businesses to acquire. We do not currently intend to contact
any of such targets; however, we may do so in the future if we become aware that the valuations, operations, profits or prospects of
such target business, or the benefits of any potential transaction with such target business, would be attractive. We cannot assure you
that we will be able to locate a target business or that we will be able to engage in a business combination with a target business on
favorable terms or at all.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to our management team&rsquo;s fiduciary
obligations and the fair market value requirement described below, we will have virtually unrestricted flexibility in identifying and
selecting a prospective acquisition candidate. We have not established any specific attributes or criteria (financial or otherwise) for
prospective target businesses other than as described above. Accordingly, there is no basis for investors in this offering to evaluate
the possible merits or risks of the target business with which we may ultimately complete a business combination. Although our management
will endeavor to evaluate the risks inherent in a particular target business, we cannot assure you that we will properly ascertain or
assess all significant risk factors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Sources of Target Businesses</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While we have not yet selected a target business
with which to consummate our initial business combination, we believe based on our management&rsquo;s business knowledge and past experience
that there are numerous potential candidates. We expect that our principal means of identifying potential target businesses will be through
the extensive contacts and relationships of our initial shareholders, officers and directors. While our officers and directors are not
required to commit any specific amount of time in identifying or performing due diligence on potential target businesses, our officers
and directors believe that the relationships they have developed over their careers will generate a number of potential business combination
opportunities that will warrant further investigation. We also anticipate that target business candidates will be brought to our attention
from various unaffiliated sources, including investment bankers, venture capital funds, private equity funds, leveraged buyout funds,
management buyout funds and other members of the financial community. Target businesses may be brought to our attention by such unaffiliated
sources as a result of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">being solicited by us through calls or mailings.
These sources may also introduce us to target businesses they think we may be interested in on an unsolicited basis, since many of these
sources will have read this prospectus and know what types of businesses we are targeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our officers and directors must present to us all
target business opportunities that have a fair market value of at least 80% of the assets held in the trust account (net of deferred
underwriting commissions and taxes payable) at the time of the agreement to enter into the initial business combination, subject to any
fiduciary or contractual obligations. While we do not presently anticipate engaging the services of professional firms or other individuals
that specialize in business acquisitions on any formal basis, we may engage the services of professional firms or other individuals that
specialize in business acquisitions, in which event we may pay a finder&rsquo;s fee, consulting fee or other compensation to be determined
in an arm&rsquo;s length negotiation based on the terms of the transaction. In no event, however, will our initial shareholders, officers,
directors or their respective affiliates be paid any compensation prior to, or for any services they render in order to effectuate, the
consummation of an initial business combination (regardless of the type of transaction that it is) other than the $20,000 per month administrative
fee, the payment of consulting, success or finder fees in connection with the consummation of our initial business combination, the repayment
of the approximate $147,000 loans and reimbursement of any out-of-pocket expenses. Our audit committee will review and approve all reimbursements
and payments made to our initial shareholders, officers, directors or our or their respective affiliates, with any interested director
abstaining from such review and approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have no present intention to enter into a business
combination with a target business that is affiliated with any of our officers, directors or initial shareholders. However, we are not
restricted from entering into any such transactions and may do so if (i) such transaction is approved by a majority of our disinterested
independent directors and (ii) we obtain an opinion from an independent investment banking firm, or another independent entity that commonly
renders valuation opinions, that the business combination is fair to our unaffiliated shareholders from a financial point of view.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Selection of a Target Business and Structuring
of a Business Combination</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to our management team&rsquo;s fiduciary
obligations and the limitations that a target business have a fair market value of at least 80% of the balance in the trust account (net
of deferred underwriting commissions and taxes payable) at the time of the execution of a definitive agreement for our initial business
combination, as described below in more detail, and that we must acquire a controlling interest in the target business, our management
will have virtually unrestricted flexibility in identifying and selecting a prospective target business. We have not established any
specific attributes or criteria (financial or otherwise) for prospective target businesses. In evaluating a prospective target business,
our management may consider a variety of factors, including one or more of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">financial condition and results of operation;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">growth potential;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">brand recognition and potential;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">experience and skill of management and availability of additional personnel;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">capital requirements;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">competitive position;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">barriers to entry;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">stage of development of the products, processes or services;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">existing distribution and potential for expansion;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">degree of current or potential market acceptance of the products, processes or services;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">proprietary aspects of products and the extent of intellectual property or other protection for products
    or formulas;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">impact of regulation on the business;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">regulatory environment of the industry;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">costs associated with effecting the business combination;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">industry leadership, sustainability of market share and attractiveness of industries in which a target
    business participates; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">macro competitive dynamics in the industry within which the company competes.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These criteria are not intended to be exhaustive.
Any evaluation relating to the merits of a particular business combination will be based, to the extent relevant, on the above factors
as well as other considerations deemed relevant by our management in effecting a business combination consistent with our business objective.
In evaluating a prospective target business, we will conduct an extensive due diligence review which will encompass, among other things,
meetings with incumbent management and inspection of facilities, as well as review of financial and other information which is made available
to us. This due diligence review will be conducted either by our management or by unaffiliated third parties we may engage, although
we have no current intention to engage any such third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">The
time and costs required to select and evaluate a target business and to structure and complete the business combination cannot presently
be ascertained with any degree of certainty. Any costs incurred with respect to the identification and evaluation of a prospective target
business with which a business combination is not ultimately completed will result in a loss to us and reduce the amount of capital available
to otherwise complete a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Fair Market Value of Target Business</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NYSE listing rules require that the target business
or businesses that we acquire must collectively have a fair market value equal to at least 80% of the balance of the funds in the trust
account (net of amounts previously disbursed to management for tax obligations and working capital purposes and excluding the amount
of deferred underwriting discounts held in trust) at the time of the execution of a definitive agreement for our initial business combination.
Notwithstanding the foregoing, if we are not then listed on the NYSE for whatever reason, we may no longer be required to meet the foregoing
80% fair market value test.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently anticipate structuring a business combination
to acquire 100% of the equity interests or assets of the target business or businesses. We may, however, structure our initial business
combination where we merge directly with the target business or a newly formed subsidiary or where we acquire less than 100% of such
interests or assets of the target business in order to meet certain objectives of the target management team or shareholders or for other
reasons, but we do not intend to complete such business combination unless the post-transaction company owns or acquires 50% or more
of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to
be required to register as an investment company under the Investment Company Act. Even if the post-transaction company owns or acquires
50% or more of the voting securities of the target, our shareholders prior to the business combination may collectively own a minority
interest in the post-transaction company, depending on valuations ascribed to the target and us in the business combination transaction.
For example, we could pursue a transaction in which we issue a substantial number of new shares in exchange for all of the outstanding
capital stock or shares of a target. In this case, we could acquire a 100% controlling interest in the target; however, as a result of
the issuance of a substantial number of new shares, our shareholders immediately prior to our initial business combination could own
less than a majority of our outstanding shares subsequent to our initial business combination. If less than 100% of the equity interests
or assets of a target business or businesses are owned or acquired by the post-transaction company, the portion of such business or businesses
that is owned or acquired is what will be valued for purposes of the 80% of trust account balance test.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The fair market value of the target will be determined
by our board of directors based upon one or more standards generally accepted by the financial community (such as actual and potential
sales, earnings, cash flow and/or book value). The proxy solicitation materials or tender offer documents used by us in connection with
any proposed transaction will provide public shareholders with our analysis of the fair market value of the target business, as well
as the basis for our determinations. If our board is not able to independently determine that the target business has a sufficient fair
market value, we will obtain an opinion from an unaffiliated, independent investment banking firm, or another independent entity that
commonly renders valuation opinions, with respect to the satisfaction of such criteria. We will not be required to obtain an opinion
from an investment banking firm as to the fair market value if our board of directors independently determines that the target business
complies with the 80% threshold.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Lack of Business Diversification</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may seek to effect a business combination with
more than one target business, although we expect to complete our business combination with just one business. Therefore, at least initially,
the prospects for our success may be entirely dependent upon the future performance of a single business operation. Unlike other entities
which may have the resources to complete several business combinations of entities operating in multiple industries or multiple areas
of a single industry, it is probable that we will not have the resources to diversify our operations or benefit from the possible spreading
of risks or offsetting of losses. By consummating a business combination with only a single entity, our lack of diversification may:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">subject us to numerous economic, competitive and regulatory developments, any or all of which may
    have a substantial adverse impact upon the particular industry in which we may operate subsequent to a business combination, and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">result in our dependency upon the performance of a single operating business or the development or
    market acceptance of a single or limited number of products, processes or services.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we determine to simultaneously acquire several
businesses and such businesses are owned by different sellers, we will need for each of such sellers to agree that our purchase of its
business is contingent on the simultaneous closings of the other acquisitions, which may make it more difficult for us, and delay our
ability, to complete the business combination. With multiple acquisitions, we could also face additional risks, including additional
burdens and costs with respect to possible multiple negotiations and due diligence investigations (if there are multiple sellers) and
the additional risks associated with the subsequent assimilation of the operations and services or products of the acquired companies
in a single operating business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Limited Ability to Evaluate the Target Business&rsquo;
Management</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Although we intend to scrutinize the management of
a prospective target business when evaluating the desirability of effecting a business combination, we cannot assure you that our assessment
of the target business&rsquo; management will prove to be correct. In addition, we cannot assure you that the future management will
have the necessary skills, qualifications or abilities to manage a public company. Furthermore, the future role of our officers and directors,
if any, in the target business following a business combination cannot presently be stated with any certainty. While it is possible that
some of our key personnel will remain associated in senior management or advisory positions with us following a business combination,
it is unlikely that they will devote their full-time efforts to our affairs subsequent to a business combination. Moreover, they would
only be able to remain with the company after the consummation of a business combination if they are able to negotiate employment or
consulting agreements in connection with the business combination. Such negotiations would take place simultaneously with the negotiation
of the business combination and could provide for them to receive compensation in the form of cash payments and/or our securities for
services they would render to the company after the consummation of the business combination. While the personal and financial interests
of our key personnel may influence their motivation in identifying and selecting a target business, their ability to remain with the
company after the consummation of a business combination will not be the determining factor in our decision as to whether or not we will
proceed with any potential business combination. Additionally, we cannot assure you that our officers and directors will have significant
experience or knowledge relating to the operations of the particular target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Following a business combination, we may seek to
recruit additional managers to supplement the incumbent management of the target business. We cannot assure you that we will have the
ability to recruit additional managers, or that any such additional managers we do recruit will have the requisite skills, knowledge
or experience necessary to enhance the incumbent management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Shareholders May Not Have the Ability to Approve
an Initial Business Combination</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with any proposed business combination,
we will either (1) seek shareholder approval of our initial business combination at a meeting called for such purpose at which shareholders
may seek to convert their shares, regardless of whether they vote for or against the proposed business combination or don&rsquo;t vote
at all, into their pro rata share of the aggregate amount then on deposit in the trust account (net of taxes payable), or (2) provide
our shareholders with the opportunity to sell their shares to us by means of a tender offer (and thereby avoid the need for a shareholder
vote) for an amount equal to their pro rata share of the aggregate amount then on deposit in the trust </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">account (net of taxes payable), in each case subject
to the limitations described herein. Any announcement regarding our entry into a definitive agreement for an initial business combination
will indicate whether we intend to seek shareholder approval of such transaction or instead provide shareholders with the opportunity
to sell their shares to us by means of a tender offer. The decision as to whether we will seek shareholder approval of a proposed business
combination or will allow shareholders to sell their shares to us in a tender offer will be made by us, solely in our discretion, and
will be based on a variety of factors such as the timing of the transaction and whether the terms of the transaction would otherwise
require us to seek shareholder approval. If we determine to engage in a tender offer, such tender offer will be structured so that each
shareholder may tender all of his, her or its shares rather than some pro rata portion of his, her or its shares. In that case, we will
file tender offer documents with the SEC which will contain substantially the same financial and other information about the initial
business combination as is required under the SEC&rsquo;s proxy rules. If we seek shareholder approval, we will only consummate the business
combination if we obtain the approval of an ordinary resolution under Cayman Islands law, which requires the affirmative vote of a majority
of the shareholders who attend and vote at a general meeting of the company. We have no specified maximum percentage threshold for conversions
in our amended and restated memorandum and articles of association and even those public shareholders who vote in favor of our initial
business combination have the right to convert their public shares. We also do not have any type of net tangible asset requirement like
some other similarly structured blank check companies. As a result, this may make it easier for us to consummate our initial business
combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">However, if we seek to consummate an initial business
combination with a target business that imposes any type of working capital closing condition or requires us to have a minimum amount
of funds available from the trust account upon consummation of such initial business combination, this may force us to seek third party
financing which may not be available on terms acceptable to us or at all. As a result, we may not be able to consummate such initial
business combination and we may not be able to locate another suitable target within the applicable time period, if at all. Public shareholders
may therefore have to wait up to 27 months from the closing of this offering in order to be able to receive a pro rata share of the trust
account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our initial shareholders, officers and directors
have agreed (1) to vote any ordinary shares owned by them in favor of any proposed business combination, (2) not to convert any ordinary
shares in connection with a shareholder vote to approve a proposed initial business combination or in connection with certain amendments
to our amended and restated memorandum and articles of association prior to a business combination and (3) not sell any ordinary shares
in any tender in connection with a proposed initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">None of our officers, directors, initial shareholders
or their affiliates has indicated any intention to purchase units or ordinary shares in this offering or from persons in the open market
or in private transactions. However, if we hold a meeting to approve a proposed business combination and a significant number of shareholders
indicate that they wish to convert their shares, our officers, directors, initial shareholders or their affiliates could make such purchases
in the open market or in private transactions in order to reduce the number of conversions. Notwithstanding the foregoing, our officers,
directors, initial shareholders and their affiliates will not make purchases of ordinary shares if the purchases would violate Section&nbsp;9(a)(2)
or Rule&nbsp;10b-5 of the Exchange Act, which are rules designed to stop potential manipulation of a company&rsquo;s stock. Additionally,
in the event our officers, directors, initial shareholders or their affiliates were to purchase shares from public shareholders, such
purchases would be structured in compliance with the requirements of Rule 14e-5 under the Exchange Act governing tender offers including,
in pertinent part, through adherence to the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our registration statement/proxy statement filed for our initial business combination transaction
    would disclose the possibility that our officers, directors, initial shareholders or their affiliates may purchase shares from public
    shareholders outside the redemption process, along with the purpose of such purchases;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">if our officers, directors, initial shareholders or their affiliates were to purchase shares from
    public shareholders, they would do so at a price no higher than the price offered through our redemption process;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our registration statement/proxy statement filed for our initial business combination transaction
    would include a representation that any of our securities so purchased by our officers, directors, initial shareholders or their
    affiliates would not be voted in favor of approving the business combination transaction;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in">&nbsp;</TD>
    <TD STYLE="width: 0.25in; font-size: 10pt"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">our officers, directors, initial shareholders or their
    affiliates would waive any redemption rights with respect to any securities so purchased; and</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">we would disclose in a Form 8-K, before our security holder meeting to approve the business combination
    transaction, the material terms of the purchases.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Conversion Rights</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At any meeting called to approve an initial business
combination, public shareholders may seek to convert their shares, regardless of whether they vote for or against the proposed business
combination or do not vote at all, into their pro rata share of the aggregate amount then on deposit in the trust account as of two business
days prior to the consummation of the initial business combination, less any taxes then due but not yet paid. Alternatively, we may provide
our public shareholders with the opportunity to sell their ordinary shares to us through a tender offer (and thereby avoid the need for
a shareholder vote) for an amount equal to their pro rata share of the aggregate amount then on deposit in the trust account, less any
taxes then due but not yet paid. The per-share amount we will distribute to investors who properly convert their shares will not be reduced
by the deferred underwriting commissions we will pay to BTIG.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders and our officers and directors
will not have conversion rights with respect to any ordinary shares owned by them, directly or indirectly, whether acquired prior to
this offering or purchased by them in this offering or in the aftermarket. Additionally, the holders of the representative founder shares
will not have conversion rights with respect to the representative founder shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may require public shareholders, whether they
are a record holder or hold their shares in &ldquo;street name,&rdquo; to either (i) tender their certificates to our transfer agent
or (ii) deliver their shares to the transfer agent electronically using Depository Trust Company&rsquo;s DWAC (Deposit/Withdrawal At
Custodian) System, at the holder&rsquo;s option, in each case prior to a date set forth in the proxy materials sent in connection with
the proposal to approve the business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is a nominal cost associated with the above-referenced
delivery process and the act of certificating the shares or delivering them through the DWAC System. The transfer agent will typically
charge the tendering broker a nominal amount and it would be up to the broker whether or not to pass this cost on to the holder. However,
this fee would be incurred regardless of whether or not we require holders seeking to exercise conversion rights. The need to deliver
shares is a requirement of exercising conversion rights regardless of the timing of when such delivery must be effectuated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">However, in the event we require shareholders seeking
to exercise conversion rights prior to the consummation of the proposed business combination and the proposed business combination is
not consummated this may result in an increased cost to shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any proxy solicitation materials we furnish to shareholders
in connection with a vote for any proposed business combination will indicate whether we are requiring shareholders to satisfy such certification
and delivery requirements. Accordingly, a shareholder would have from the time the shareholder received our proxy statement up until
the vote on the proposal to approve the business combination to deliver his shares if he wishes to seek to exercise his conversion rights.
This time period varies depending on the specific facts of each transaction. However, as the delivery process can be accomplished by
the shareholder, whether or not he is a record holder or his shares are held in &ldquo;street name,&rdquo; in a matter of hours by simply
contacting the transfer agent or his broker and requesting delivery of his shares through the DWAC System, we believe this time period
is sufficient for an average investor. However, we cannot assure you of this fact. Please see the risk factor titled &ldquo;<I>In connection
with any general meeting called to approve a proposed initial business combination, we may require shareholders who wish to convert their
shares in connection with a proposed business combination to comply with specific requirements for conversion that may make it more difficult
for them to exercise their conversion rights prior to the deadline for exercising their rights</I>&rdquo; for further information on
the risks of failing to comply with these requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any request to convert such shares once made, may
be withdrawn at any time up to the vote on the proposed business combination or the expiration of the tender offer. Furthermore, if a
holder of public shares delivered his certificate in connection with an election of their conversion and subsequently decides prior to
the applicable date not to elect to exercise such rights, he may simply request that the transfer agent return the certificate (physically
or electronically).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the initial business combination is not approved
or completed for any reason, then our public shareholders who elected to exercise their conversion rights would not be entitled to convert
their shares for the applicable pro rata share of the trust account. In such case, we will promptly return any shares delivered by public
holders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Liquidation if No Business Combination</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our amended and restated memorandum and articles
of association provides that we will have only 24 months from the closing of this offering (or 27 months from the closing of this offering
if we have executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24
months from the closing</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of this offering) to complete an initial business
combination. If we have not completed an initial business combination by such date and shareholders have not otherwise amended our charter
to extend this date, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but
not more than ten business days thereafter, redeem 100% of the outstanding public shares, at a per-share price, payable in cash, equal
to the aggregate amount then on deposit in the trust account, including any interest not previously released to us but net of taxes payable
and up to $100,000 of interest income that may be released to us for liquidation expenses, divided by the number of then outstanding
public shares, which redemption will completely extinguish public shareholders&rsquo; rights as shareholders (including the right to
receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following
such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject (in
each case) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.
Additionally, our warrants would expire worthless if we liquidate the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders, officers and directors
have agreed that they will not propose any amendment to our amended and restated memorandum and articles of association that would affect
our public shareholders&rsquo; ability to convert or sell their shares to us in connection with a business combination as described herein
or affect the substance or timing of our obligation to redeem 100% of our public shares if we do not complete a business combination
within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed a letter of intent,
agreement in principle or definitive agreement for an initial business combination within 24 months from the closing of this offering)
unless we provide our public shareholders with the opportunity to convert their ordinary shares upon such approval at a per-share price,
payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest not previously released to us
but net of taxes payable, divided by the number of then outstanding public shares. This conversion right shall apply in the event of
the approval of any such amendment, whether proposed by our initial shareholders, executive officers, directors or any other person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">We are required to seek to have all third parties
(including any vendors or other entities we engage after this offering) and any prospective target businesses enter into agreements with
us waiving any right, title, interest or claim of any kind they may have in or to any monies held in the trust account. As a result,
the claims that could be made against us will be limited, thereby lessening the likelihood that any claim would result in any liability
extending to the trust. We therefore believe that any necessary provision for creditors will be reduced and should not have a significant
impact on our ability to distribute the funds in the trust account to our public shareholders. Nevertheless, WithumSmith+Brown, PC, our
independent registered public accounting firm, and the underwriters of the offering, will not execute agreements with us waiving such
claims to the monies held in the trust account. Furthermore, there is no guarantee that other vendors, service providers (except our
independent registered public accounting firm) and prospective target businesses will execute such agreements. Nor is there any guarantee
that, even if they execute such agreements with us, they will not seek recourse against the trust account. Crescendo Advisors LLC, an
entity affiliated with Mr.&nbsp;Rosenfeld, has agreed that it will be liable to ensure that the proceeds in the trust account are not
reduced below $10.00 per share by the claims of target businesses or claims of vendors or other entities that are owed money by us for
services rendered or contracted for or products sold to us, but we cannot assure you that it will be able to satisfy its indemnification
obligations if it is required to do so. We have not independently verified whether Crescendo Advisors LLC has sufficient funds to satisfy
its indemnity obligations, we have not asked it to reserve for such obligations and we do not believe it has any significant liquid assets.
Accordingly, we believe it is unlikely that it will be able to satisfy its indemnification obligations if it is required to do so. Additionally,
the agreement Crescendo Advisors LLC entered into specifically provides for two exceptions to the indemnity given: it will have no liability
(1) as to any claimed amounts owed to a target business or vendor or other entity who has executed an agreement with us waiving any right,
title, interest or claim of any kind they may have in or to any monies held in the trust account, or (2) as to any claims for indemnification
by the underwriters of this offering against certain liabilities, including liabilities under the Securities Act. As a result, if we
liquidate, the per-share distribution from the trust account could be less than $10.00 due to claims or potential claims of creditors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">We anticipate notifying the trustee of the trust
account to begin liquidating such assets promptly after our 18<SUP>th</SUP> month and anticipate it will take no more than 10 business
days to effectuate such distribution. The holders of the founders&rsquo; shares and private shares have waived their rights to participate
in any liquidation distribution from the trust account with respect to such shares. There will be no distribution from the trust account
with respect to our warrants, which will expire worthless. We will pay the costs of any subsequent liquidation from our remaining assets
outside of the trust account. If such funds are insufficient, we will use the up to $100,000 of interest earned on the funds held in
the trust account that may be released to us for our liquidation expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are unable to complete an initial business
combination and expend all of the net proceeds of this offering, other than the proceeds deposited in the trust account, and without
taking into account interest, if any, earned on the trust account, the initial per-share redemption price would be $10.00. As discussed
above, the proceeds deposited in the trust account could become subject to claims of our creditors that are in preference to the claims
of public shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our public shareholders shall be entitled to receive
funds from the trust account only in the event of our failure to complete a business combination within the required time period, if
the shareholders seek to have us convert or purchase their respective shares upon a business combination which is actually completed
by us or upon certain amendments to our amended and restated memorandum and articles of association prior to consummating an initial
business combination. In no other circumstances shall a shareholder have any right or interest of any kind to or in the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we are forced to file a bankruptcy or winding
up petition or an involuntary bankruptcy or winding up petition is filed against us which is not dismissed, the proceeds held in the
trust account could be subject to applicable bankruptcy or insolvency law, and may be included in our bankruptcy or insolvency estate
and subject to the claims of third parties with priority over the claims of our shareholders. To the extent any bankruptcy or insolvency
claims deplete the trust account, we cannot assure you we will be able to return to our public shareholders at least $10.00 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we file a bankruptcy or winding up petition or
an involuntary bankruptcy or winding up petition is filed against us that is not dismissed, the proceeds held in the trust account could
be subject to applicable bankruptcy or insolvency law, and may be included in our bankruptcy or insolvency estate and subject to the
claims of third parties with priority over the claims of our shareholders. To the extent any bankruptcy or insolvency claims deplete
the trust account, we cannot assure you we will be able to return $10.10 per share to our public shareholders. Additionally, if we file
a bankruptcy or winding up petition or an involuntary bankruptcy or winding up petition is filed against us that is not dismissed, any
distributions received by shareholders could be viewed under applicable debtor/creditor and/or bankruptcy or insolvency laws as either
a &ldquo;preferential transfer&rdquo; or a &ldquo;fraudulent conveyance.&rdquo; As a result, a bankruptcy court could seek to recover
some or all amounts received by our shareholders. Furthermore, our board of directors may be viewed as having breached its fiduciary
duty to our creditors and/or may have acted in bad faith, thereby exposing itself and our company to claims of punitive damages, by paying
public shareholders from the trust account prior to addressing the claims of creditors. We cannot assure you that claims will not be
brought against us for these reasons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Competition</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In identifying, evaluating and selecting a target
business, we may encounter intense competition from other entities having a business objective similar to ours. Many of these entities
are well established and have extensive experience identifying and effecting business combinations directly or through affiliates. Many
of these competitors possess greater technical, human and other resources than us and our financial resources will be relatively limited
when contrasted with those of many of these competitors. While we believe there may be numerous potential target businesses that we could
acquire with the net proceeds of this offering, our ability to compete in acquiring certain sizable target businesses may be limited
by our available financial resources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following also may not be viewed favorably by
certain target businesses:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our obligation to seek shareholder approval of a business combination or engage in a tender offer
    may delay the completion of a transaction;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our obligation to convert or repurchase ordinary shares held by our public shareholders may reduce
    the resources available to us for a business combination; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our outstanding warrants, and the potential future dilution they represent.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any of these factors may place us at a competitive
disadvantage in successfully negotiating a business combination. Our management believes, however, that our status as a public entity
and potential access to the United States public equity markets may give us a competitive advantage over privately held entities having
a similar business objective as ours in acquiring a target business with significant growth potential on favorable terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we succeed in effecting a business combination,
there will be, in all likelihood, intense competition from competitors of the target business. We cannot assure you that, subsequent
to a business combination, we will have the resources or ability to compete effectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Facilities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently maintain our principal executive offices
at 777 Third Avenue, 37<SUP>th</SUP> Floor, New York, New York 10017. The cost for this space is included in the $20,000 per-month fee
Crescendo Advisors II, LLC, an entity controlled by Mr.&nbsp;Rosenfeld, will charge us for general and administrative services commencing
on the date of this prospectus pursuant to a letter agreement between us and Crescendo Advisors II, LLC. We believe, based on rents and
fees for similar services, that the fee charged by Crescendo Advisors II, LLC is at least as favorable as we could have obtained from
an unaffiliated person. We consider our current office space, combined with the other office space otherwise available to our executive
officers, adequate for our current operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Employees</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have three executive officers. These individuals
are not obligated to devote any specific number of hours to our matters and intend to devote only as much time as they deem necessary
to our affairs. The amount of time they will devote in any time period will vary based on whether a target business has been selected
for the business combination and the stage of the business combination process the company is in. Accordingly, once a suitable target
business has been located, management may spend more time investigating such target business and negotiating and processing the business
combination (and consequently spend more time on our affairs) than had been spent prior to locating a suitable target business. We presently
expect our executive officers to devote such amount of time as they reasonably believe is necessary to our business. We do not intend
to have any full-time employees prior to the consummation of a business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Periodic Reporting and Audited Financial Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will register our units, ordinary shares and warrants
under the Exchange Act and have reporting obligations, including the requirement that we file annual, quarterly and current reports with
the SEC. In accordance with the requirements of the Exchange Act, our annual report will contain financial statements audited and reported
on by our independent registered public accountants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will provide shareholders with audited financial
statements of the prospective target business as part of any proxy solicitation materials or tender offer documents sent to shareholders
to assist them in assessing the target business. These financial statements will need to be prepared in accordance with or reconciled
to United States generally accepted accounting principles or international financial reporting standards as promulgated by the International
Accounting Standards Board. We cannot assure you that any particular target business identified by us as a potential acquisition candidate
will have the necessary financial statements. To the extent that this requirement cannot be met, we may not be able to acquire the proposed
target business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may be required to have our internal control procedures
audited for the fiscal year ending November 30, 2025 as required by the Sarbanes-Oxley Act. A target company may not be in compliance
with the provisions of the Sarbanes-Oxley Act regarding adequacy of their internal controls. The development of the internal controls
of any such entity to achieve compliance with the Sarbanes-Oxley Act may increase the time and costs necessary to complete any such acquisition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are a Cayman Islands exempted company. Exempted
companies are Cayman Islands companies conducting business mainly outside the Cayman Islands and, as such, are exempted from complying
with certain provisions of the Companies Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Legal Proceedings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is no material litigation, arbitration or governmental
proceeding currently pending against us or any members of our management team in their capacity as such, and we and the members of our
management team have not been subject to any such proceeding in the 12 months preceding the date of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Comparison to Offerings of Blank Check Companies Subject to Rule&nbsp;419</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">The following table compares and contrasts the terms
of our offering and the terms of an offering of blank check companies under Rule&nbsp;419 promulgated by the SEC assuming that the gross
proceeds, underwriting discounts and underwriting expenses for the Rule&nbsp;419 offering are the same as this offering and that the
underwriters will not exercise their over-allotment option. None of the terms of a Rule&nbsp;419 offering will apply to this offering
because our securities will be listed on a national securities exchange and we will have net tangible assets in excess of $5,000,000
upon the successful consummation of this offering and will file a Current Report on Form 8-K, including an audited balance sheet demonstrating
this fact.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; width: 22%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 37%; text-align: center; vertical-align: bottom"><B>Terms
    of the Offering</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 37%; text-align: center; vertical-align: bottom"><B>Terms
    Under a Rule&nbsp;419 Offering</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Escrow of
    offering proceeds</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">$175,000,000 of the proceeds from
    this offering and the sale of the private units will be held as cash or in a demand deposit account or deposited into a U.S.-based
    trust account at Bank of America with Equiniti Trust Company, LLC acting as trustee</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">$148,837,500 of the offering proceeds
    would be required to be deposited into either an escrow account with an insured depositary institution or in a separate bank account
    established by a broker-dealer in which the broker-dealer acts as trustee for persons having the beneficial interests in the account.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in; width: 22%"><B>Investment
    of net proceeds</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">The $175,000,000 of the
    proceeds of this offering and the sale of the private units held in trust will only be invested in United States &ldquo;government
    securities&rdquo; within the meaning of Section&nbsp;2(a)(16) of the Investment Company Act with a maturity of 185 days or less or
    in money market funds meeting certain conditions under Rule&nbsp;2a-7 promulgated under the Investment Company Act which invest only
    in direct U.S. government treasury obligations.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">Proceeds could be invested
    only in specified securities such as a money market fund meeting conditions of the Investment Company Act or in securities that are
    direct obligations of, or obligations guaranteed as to principal or interest by, the United States.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Limitation
    on fair value or net assets of target business</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Our initial business combination must
    occur with one or more target businesses that together have a fair market value of at least 80% of the assets held in the trust account
    (excluding deferred underwriting commissions and taxes payable) at the time of the agreement to enter into the initial business combination.
    Notwithstanding the foregoing, if we are not then listed on the NYSE for whatever reason, we would no longer be required to meet
    the foregoing 80% fair market value test.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We would be restricted from acquiring
    a target business unless the fair value of such business or net assets to be acquired represent at least 80% of the maximum offering
    proceeds.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Terms
    of the Offering</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Terms
    Under a Rule&nbsp;419 Offering</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Trading
    of securities issued</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The units may commence trading on
    or promptly after the date of this prospectus. The ordinary shares and warrants comprising the units will begin to trade separately
    on the 52nd day after the date of this prospectus unless BTIG informs us of its decision to allow earlier separate trading, provided
    we have filed with the SEC a Current Report on Form 8-K, which includes an audited balance sheet reflecting our receipt of the proceeds
    of this offering, including any proceeds we receive from the exercise of the over-allotment option, if such option is exercised prior
    to the initial filing of such Current Report on Form 8-K. If the over-allotment option is exercised after the initial filing of such
    Current Report on Form 8-K, we will file an amendment to the Form 8-K to provide updated financial information to reflect the exercise
    and consummation of the over-allotment option. We will also include in this Form 8-K, an amendment thereto, or in a subsequent Form
    8-K, information indicating if BTIG has allowed separate trading of the ordinary shares and warrants prior to the 52nd day after
    the date of this prospectus.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">No trading of the units or the underlying
    ordinary shares and warrants would be permitted until the completion of a business combination. During this period, the securities
    would be held in the escrow or trust account.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in; width: 22%"><B>Exercise
    of the warrants</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">The warrants cannot be
    exercised until 30 days after the completion of a business combination and, accordingly, will be exercised only after the trust account
    has been terminated and distributed</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">The warrants could be
    exercised prior to the completion of a business combination, but securities received and cash paid in connection with the exercise
    would be deposited in the escrow or trust account.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Election
    to remain an investor</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We will either (1) give our shareholders
    the opportunity to vote on the business combination or (2) provide our public shareholders with the opportunity to sell their ordinary
    shares to us in a tender offer for cash equal to their pro rata share of the aggregate amount then on deposit in the trust account,
    less taxes. If we hold a meeting to approve a proposed business combination, we will send each shareholder a proxy statement containing
    information required by the SEC. Alternatively, if we do not hold a meeting and instead conduct a tender offer, we will conduct such
    tender offer in accordance with the tender offer rules of the SEC and file tender offer documents with the SEC which will contain
    substantially the same financial and other information about the initial business combination as we would have included in a proxy
    statement.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">A prospectus containing information
    required by the SEC would be sent to each investor. Each investor would be given the opportunity to notify the company, in writing,
    within a period of no less than 20 business days and no more than 45 business days from the effective date of the post-effective
    amendment, to decide whether he or she elects to remain a shareholder of the company or require the return of his or her investment.
    If the company has not received the notification by the end of the 45<SUP>th </SUP>business day, funds and interest or dividends,
    if any, held in the trust or escrow account would automatically be returned to the shareholder. Unless a sufficient number of investors
    elect to remain investors, all of the deposited funds in the escrow account must be returned to all investors and none of the securities
    will be issued.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Terms
    of the Offering</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Terms
    Under a Rule&nbsp;419 Offering</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Business
    combination deadline</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Pursuant to our amended and restated
    memorandum and articles of association, if we are unable to complete our initial business combination within 24 months from the closing
    of this offering (or 27 months from the closing of this offering if we have executed a letter of intent, agreement in principle or
    definitive agreement for an initial business combination within 24 months from the closing of this offering), we will (i) cease all
    operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter,
    redeem 100% of the outstanding public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit
    in the trust account, including any interest not released to us but net of taxes payable, divided by the number of then outstanding
    public shares, which redemption will completely extinguish public shareholders&rsquo; rights as shareholders (including the right
    to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following
    such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject
    (in each case) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable
    law.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">If an acquisition has not been consummated
    within 18 months after the effective date of the initial registration statement, funds held in the trust or escrow account would
    be returned to investors.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify"></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in; width: 22%"><B>Interest
    earned on the funds in the trust account</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">There can be released
    to us, from time to time, any interest earned on the funds in the trust account that we may need to pay our tax obligations and for
    trust administration expenses. The remaining interest earned on the funds in the trust account will not be released until the earlier
    of the completion of a business combination and our liquidation upon failure to effect a business combination within the allotted
    time (in which case up to $100,000 of interest may be used for liquidation expenses).</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 37%">All interest earned on
    the funds in the trust account will be held in trust for the benefit of public shareholders until the earlier of the completion of
    a business combination and our liquidation upon failure to effect a business combination within the allotted time.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-indent: -0.25in; padding-left: 0.25in"><B>Release
    of funds</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Except for any interest earned on
    the funds in the trust account released to us for our tax obligations and trust administration expenses as described above, the proceeds
    held in the trust account will not be released to us until the earlier of the completion of a business combination and our liquidation
    upon failure to effect a business combination within the allotted time.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The proceeds held in the escrow account
    would not be released to the company until the earlier of the completion of a business combination or the failure to effect a business
    combination within the allotted time.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><B><A NAME="a_011"></A>MANAGEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Directors and Executive Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our current directors and executive officers are
as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; text-align: left; vertical-align: bottom"><B>Name</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; background-color: #FFFFFF; text-align: center; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; text-align: center; vertical-align: bottom"><B>Age</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; white-space: nowrap; background-color: #FFFFFF; text-align: center; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; background-color: #FFFFFF; text-align: left; vertical-align: bottom"><B>Title</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 30%">Gregory
    Monahan</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; text-align: center; vertical-align: bottom">50</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 59%; vertical-align: top">Chief Executive Officer and Director</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Eric
    S. Rosenfeld</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">66</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Chief SPAC Officer</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Adam
    Jaffe</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">33</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Chief Financial Officer, Secretary and Director</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Brian
    Pratt</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">71</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Director and Non-Executive Chairman of the Board</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">David
    D. Sgro</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">46</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Director and Non-Executive Vice Chairman of the Board</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Adam
    J. Semler</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">56</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Director</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">John
    Ing</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom">74</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; white-space: nowrap; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Director</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Gregory Monahan </I></B>has served as our Chief
Executive Officer and a member of our board of directors since our inception. He served as Chief Executive Officer and a member of the
board of directors of Legato II from November&nbsp;2021 until its business combination with Southland in February&nbsp;2023, and has
continued to serve as a member of the board of directors of Southland since such time. Mr.&nbsp;Monahan has served as a Senior Managing
Director of Crescendo Partners, L.P., a New York-based investment firm, since 2005 and as the Senior Portfolio Manager of Jamarant Capital,
L.P. a private investment partnership, since January&nbsp;2016. Mr.&nbsp;Monahan previously co-founded Bind Network Solutions, a consulting
firm formed in 1998 and focused on network infrastructure and security. Mr.&nbsp;Monahan served on the board of directors of Absolute
Software Corp, a provider of security and management for computer and ultra-portable devices, from December&nbsp;2012 to July&nbsp;2023.
He also served as a director of Primo Water Corporation, a leading pure-play water solutions provider in North America, Europe and Israel,
from June&nbsp;2008 to May&nbsp;2023. From June&nbsp;2016 to May&nbsp;2019, he was a director of BSM Technologies, a commercial fleet
telematics provider. Mr.&nbsp;Monahan also served as a director of COM DEV International, a designer and manufacturer of space hardware
from April&nbsp;2013 to April&nbsp;2016; ENTREC Corporation, a crane and heavy haul transportation company from May&nbsp;2015 to May&nbsp;2016;
SAExploration Holdings, a geophysical services company offering seismic data acquisition services to the oil and gas industry from June&nbsp;2013
to July&nbsp;2016; O&rsquo;Charley&rsquo;s Inc., a multi-concept restaurant company from March&nbsp;2008 to April&nbsp;2012; and Bridgewater
Systems, a telecommunications software provider from May&nbsp;2009 to August&nbsp;2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe Mr.&nbsp;Monahan is well-qualified to
serve as a member of our board due to his experience and relationships and contacts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Eric S. Rosenfeld </I></B>has served as our
chief SPAC officer since our inception and will provide key services in connection with locating and consummating an initial business
combination. Since August&nbsp;2017, he has served as chief executive officer of Allegro and served as chairman of the board from August&nbsp;2017
until April&nbsp;2018. He served as the chief SPAC officer of Legato II from its inception in July&nbsp;2021 until it completed its business
combination with Southland in February&nbsp;2023. He served as the chief SPAC officer of Legato I from its inception in June&nbsp;2020
until it completed its business combination with Algoma in October&nbsp;2021, and has served as a member of the board of directors of
Algoma since such time. From May&nbsp;2014 until its merger with NextDecade in July&nbsp;2017, Mr.&nbsp;Rosenfeld served as the chairman
of the board and chief executive officer of Harmony and served as a member of the board of NextDecade from that time until June&nbsp;2020.
Mr.&nbsp;Rosenfeld served as Quartet&rsquo;s chairman of the board and chief executive officer from its inception in April&nbsp;2013
until its merger with Pangea in October&nbsp;2014, and has served as a director of Pangaea since such time. Mr.&nbsp;Rosenfeld was chairman
of the board and chief executive officer of Trio from its inception in June&nbsp;2011 until its merger with SAE in June&nbsp;2013 and
served as a director of SAE from that time through July&nbsp;2016. From April&nbsp;2006 until its business combination with Primoris
in July&nbsp;2008, Mr.&nbsp;Rosenfeld served as the chairman of the board, chief executive officer and president of Rhapsody and served
as a director of Primoris from the completion of its business combination until May&nbsp;2014. From its inception in April&nbsp;2004
until its business combination with Hill International in June&nbsp;2006, he was the chairman of the board, chief executive officer and
president of Arpeggio and served as a director of Hill International from the time of the business combination until June&nbsp;2010.
Mr.&nbsp;Rosenfeld has been the president and chief executive officer of Crescendo Partners, L.P. since its formation in November&nbsp;1998.
He has also been the senior managing member of Crescendo Advisors II LLC, the entity providing us with general and administrative services,
since its formation in August&nbsp;2000. From November&nbsp;2018 until February&nbsp;2023, Mr.&nbsp;Rosenfeld</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">served as chairman emeritus of CPI Aerostructures,
Inc. a NYSE American-listed company engaged in the contract production of structural aircraft parts for fixed wing aircraft and helicopters
in both the commercial and defense markets. He became a director of CPI in April&nbsp;2003 and served as chairman from January&nbsp;2005
until November&nbsp;2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Mr.&nbsp;Rosenfeld has served as a board member of
Aecon Group Inc., a Toronto Stock Exchange listed provider of construction and infrastructure development services, since June&nbsp;2017.
Mr.&nbsp;Rosenfeld served as a board member of Canaccord Genuity Group Inc, a Toronto Stock Exchange listed investment bank, from August&nbsp;2020
until March&nbsp;2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior to forming Crescendo Partners, Mr.&nbsp;Rosenfeld
had been managing director at CIBC Oppenheimer and its predecessor company Oppenheimer &amp; Co., Inc. since 1985. He was also chairman
of the board of Spar Aerospace Limited, a company that provides repair and overhaul services for aircraft and helicopters used by governments
and commercial airlines, from May&nbsp;1999 through November&nbsp;2001, until its sale to L-3 Communications. He served as a director
of Hip Interactive, a Toronto Stock Exchange-listed company that distributed and developed electronic entertainment products, from November&nbsp;2004
until July&nbsp;2005. Mr.&nbsp;Rosenfeld also served as a director of AD OPT Technologies Inc., which was a Toronto Stock Exchange-listed
company from April&nbsp;2003 to November&nbsp;2004, when it was acquired by Kronos Inc. Mr.&nbsp;Rosenfeld also served as a director
and head of the special committee of Pivotal Corporation, a Canadian-based customer relations management software company that was sold
to Chinadotcom in February&nbsp;2004. He was a director of Sierra Systems Group, Inc., a Toronto Stock Exchange-listed information technology,
management consulting and systems integration firm based in Canada from October&nbsp;2003 until its sale in January&nbsp;2007. From October&nbsp;2005
through March&nbsp;2006, Mr.&nbsp;Rosenfeld was a director of Geac Computer Corporation Limited, a Toronto Stock Exchange and NASDAQ-listed
software company, which was acquired by Golden Gate Capital. He was also a director of Emergis Inc., a Toronto Stock Exchange-listed
company that enables the electronic processing of transactions in the finance and healthcare industries, from July&nbsp;2004 until its
sale to Telus Corporation in January&nbsp;2008. Mr.&nbsp;Rosenfeld also served on the board of Matrikon Inc. a Toronto Stock Exchange-listed
provider of solutions for industrial intelligence, from July&nbsp;2007 until its sale to Honeywell International, Inc. in June&nbsp;2010.
He was also a member of the board of Dalsa Corporation, a Toronto Stock Exchange-listed company that designs and manufactures digital
imaging products, from February&nbsp;2008 until its sale to Teledyne in February&nbsp;2011. From October&nbsp;2005 until its final liquidation
in December&nbsp;2012, he was the chairman of the board of Computer Horizons Corp., quoted on the OTCBB, that, before the sale of the
last of its operating businesses in February&nbsp;2007 (at which time it was NASDAQ-listed), provided information technology professional
services with a concentration in sourcing and managed services. From December&nbsp;2012 until December&nbsp;2019, Mr.&nbsp;Rosenfeld
served as a board member of Absolute Software Corporation, a Toronto Stock Exchange listed provider of security and management for computers
and ultra-portable devices. From June&nbsp;2008 until May&nbsp;2023, Mr.&nbsp;Rosenfeld served as a board member and lead independent
director of Primo Water Corp (formerly Cott Corporation), a NYSE-listed beverage company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mr.&nbsp;Rosenfeld is a regular guest lecturer at
Columbia Business School and Tulane Law School and has served on numerous panels at Queen&rsquo;s University Business Law School Symposia,
McGill Law School, the World Presidents&rsquo; Organization and the Value Investing Congress. He is a senior faculty member at the Director&rsquo;s
College. He has also been a guest host on CNBC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><B><I>Adam H. Jaffe</I></B> has served as our chief
financial officer and secretary since our inception and as a member of our board of directors since January 2024. Mr.&nbsp;Jaffe has
served as Chief Financial Officer of Allegro since April&nbsp;2018. Mr.&nbsp;Jaffe joined Crescendo Partners, LP in February&nbsp;2018
as the fund&rsquo;s controller and Chief Compliance Officer, and currently serves as Chief Financial Officer. Mr.&nbsp;Jaffe has also
served as the Chief Financial Officer and Chief Compliance Officer for Jamarant Capital, L.P., an investment firm founded in 2015, since
2018. He served as the chief financial officer of Legato II from its inception in July&nbsp;2021 until it completed its business combination
with Southland in February&nbsp;2023. He served as the chief financial officer and secretary of Legato I from its formation in June&nbsp;2020
until its merger with Algoma in October&nbsp;2021. From June&nbsp;2021 to November&nbsp;2022, Mr.&nbsp;Jaffe served on the board of BZAM
(formerly The Green Organic Dutchman), a CSE-listed Canadian Cannabis company. Prior to joining Crescendo Partners LP, Mr.&nbsp;Jaffe
was the Senior Fund Accountant for the real estate private equity fund, GTIS Partners LP, from September&nbsp;2016 to February&nbsp;2018.
While at GTIS Partners, Mr.&nbsp;Jaffe focused on the development of residential homes, land development, and single-family homes for
rental properties across the United State and Brazil. From September&nbsp;2014 to September&nbsp;2016, Mr.&nbsp;Jaffe worked at EisnerAmper
LLP. Mr.&nbsp;Jaffe is a New York State Certified Public Accountant (CPA).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Brian Pratt </I></B>has served as a member
of our board of directors and non-executive chairman of the board since November&nbsp;2023. He served as the non-executive chairman of
the board of Legato II from November&nbsp;2021 until it completed its business combination with Southland in February&nbsp;2023 and has
continued to serve as a member of the board of directors of Southland since such time. Mr.&nbsp;Pratt served as non-executive chairman
of the board of Legato I from August&nbsp;2020 until its merger with Algoma in October&nbsp;2021 and served as a member of the board
of directors of Algoma from October&nbsp;2021 until March&nbsp;2023. Mr.&nbsp;Pratt served as Chairman of Primoris Services Corp from
July&nbsp;2008 until May&nbsp;2019 and as a Director from July&nbsp;2008 to February&nbsp;2020. He served as Primoris&rsquo; President
and Chief Executive Officer from July&nbsp;2008 to October&nbsp;25, 2015. Mr.&nbsp;Pratt has been managing his personal investments since
leaving Primoris. From 1983 through July&nbsp;2008, he served as the President, Chief Executive Officer and Chairman of the Board of
Primoris&rsquo; predecessor entity, ARB, Inc. Mr.&nbsp;Pratt has over 35 years of hands-on operations and management experience in the
construction industry.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">We believe Mr.&nbsp;Pratt is well-qualified to serve as a member of our
board due to his experience and relationships and contacts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>David D. Sgro</I></B> has served as a member
of our board of directors since our inception and non-executive vice chairman of the board since November&nbsp;2023. He has served as
chief operating officer of Allegro Merger Corp. since August&nbsp;2017 and its chairman of the board since April&nbsp;2018 and served
as its Chief Financial Officer from November&nbsp;2017 until April&nbsp;2018. He served as a member of the board of directors of Legato
II from inception until its business combination with Southland in February&nbsp;2023 and served as its Chief Executive Officer from
its inception to November&nbsp;2021. He served as the chief executive officer and a member of the board of directors of Legato I from
its inception in June&nbsp;2020 until it completed its business combination with Algoma in October&nbsp;2021 and served as a member of
the board of directors of Algoma since such time. Mr.&nbsp;Sgro served as Harmony Merger Corp.&rsquo;s chief operating officer and secretary
since its inception in May&nbsp;2014 until its merger with NextDecade in July&nbsp;2017 and as a director from May&nbsp;2014 to August&nbsp;2016
and then again from its merger with NextDecade until June&nbsp;2018. Mr.&nbsp;Sgro served as Quartet Merger Corp.&rsquo;s chief financial
officer, secretary and a member of its board of directors from April&nbsp;2013 until its merger with Pangaea in October&nbsp;2014 and
has served as a director of Pangaea since such time. Mr.&nbsp;Sgro served as Trio Merger Corp.&rsquo;s chief financial officer, secretary,
and a member of its board of directors from its inception in June&nbsp;2011, until its merger with SAE in June&nbsp;2013 and served as
a director of SAE from that time through July&nbsp;2016. From April&nbsp;2006 to July&nbsp;2008, Mr.&nbsp;Sgro served as the chief financial
officer of Rhapsody Acquisition Corp. and from July&nbsp;2008 to May&nbsp;2011, Mr.&nbsp;Sgro served as a director of Primoris. Mr.&nbsp;Sgro
also served as a Senior Managing Director of Crescendo Partners, L.P. from December&nbsp;2014 to December&nbsp;2021, and held numerous
other positions with Crescendo Partners during that time period. Mr.&nbsp;Sgro has served as the director of research for Jamarant Capital,
L.P., a private investment partnership, since January&nbsp;2016. Mr.&nbsp;Sgro also served as chairman of the board of Hill International
Inc. from August&nbsp;2016 to December&nbsp;2022 when it was acquired by Global Infrastructure Solutions Inc. for $3.40 per share. Mr.&nbsp;Sgro
served on the boards of BSM Technologies, Inc., a TSX listed GPS enabled fleet management service provider from July&nbsp;2016 until
its sale to Geotab in June&nbsp;2019; Bridgewater Systems, Inc., a TSX listed telecommunications software company, from June&nbsp;2008
until its sale to Amdocs in August&nbsp;2011; Imvescor Restaurant Group, a TSX listed restaurant franchisor, from March&nbsp;2016 until
its sale to MYR Group in February&nbsp;2018; and COM DEV International Ltd., a global designer and manufacturer of space hardware from
April&nbsp;2013 to February&nbsp;2016. From August&nbsp;2003 to May&nbsp;2005, Mr.&nbsp;Sgro attended Columbia Business School. From
June&nbsp;1998 to May&nbsp;2003, he worked as an analyst and then senior analyst at Management Planning, Inc., a firm engaged in the
valuation of privately held companies. Simultaneously, Mr.&nbsp;Sgro worked as an associate with MPI Securities, Management Planning,
Inc.&rsquo;s boutique investment banking affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In 2001, Mr.&nbsp;Sgro became a Chartered Financial
Analyst (CFA) Charterholder. Mr.&nbsp;Sgro is a regular guest lecturer at Columbia Business School and an adjunct faculty member of The
College of New Jersey.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe Mr.&nbsp;Sgro is well-qualified to serve
as a member of the board due to his public company experience and operational experience.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Adam J. Semler</I></B> has served as a member
of our board of directors since November&nbsp;2023. He has served as a member of the board of directors of Allegro since April&nbsp;2018.
He served as a member of the board of directors of Legato II from November&nbsp;2021 until it completed its business combination with
Southland in February&nbsp;2023. Mr.&nbsp;Semler served as a member of Legato I&rsquo;s board of directors from August&nbsp;2020 until
its merger with Algoma in October&nbsp;2021. Mr.&nbsp;Semler served as a member of Harmony&rsquo;s board of directors from July&nbsp;2014
until its merger with NextDecade. Mr.&nbsp;Semler</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">joined York Capital Management, LLC, an investment
management fund, in 1995 and held several positions with the firm, most recently holding the position of chief operating officer and
member of its managing partner until he retired in December&nbsp;2011. While at York Capital Management, he was responsible for all financial
operations of the firm. During this time, he also served as chief financial officer and secretary of York Enhanced Strategies Fund, LLC,
a closed ended mutual fund. Previously, he was at Granite Capital International Group, an investment management firm, where Mr.&nbsp;Semler
was responsible for the accounting and operations function for its equity products. He also previously worked as a senior accountant
at Goldstein, Golub, Kessler &amp; Co., where Mr.&nbsp;Semler specialized in the financial services industry, as well as a senior accountant
at Berenson, Berenson, Adler. Mr.&nbsp;Semler has also served on the Board of Hebrew Public, a not for profit charter school network,
since May&nbsp;2015. Mr.&nbsp;Semler is a C.P.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe Mr.&nbsp;Semler is well-qualified to serve
as a member of our board due to his financial and accounting expertise as well as his experience with prior blank check companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>John Ing</I></B> has served as a member of
our board of directors since November&nbsp;2023. Mr.&nbsp;Ing has served as the President and Chief Executive Officer of Maison Placements
Canada, an independent, Toronto-based IIROC investment dealer providing a comprehensive array of financial services to institutional
investors and small to midsize corporate clients, since 1985. Mr.&nbsp;Ing served as a member of the board of directors of Legato II
from November&nbsp;2021 until it completed its business combination with Southland in February&nbsp;2023. Mr.&nbsp;Ing served as a member
of Legato I&rsquo;s board of directors from November&nbsp;2020 until its merger with Algoma in October&nbsp;2021. Throughout his four
decade career, Mr.&nbsp;Ing has been an advocate of gold investment and authored numerous articles on the subject, appearing regularly
in the media and giving speeches around the world. He is a recipient the Robert Elvers Mineral Economics Award, awarded in 2014 by the
Canadian Institute of Mining, Metallurgy and Petroleum. Mr.&nbsp;Ing started his career with Jones Heward &amp; Company in Montreal in
1969. He then joined Mead Company in 1972 and moved to Pitfield Mackay Ross in 1980 which was acquired by Dominion Securities in Toronto.
Mr.&nbsp;Ing has served on numerous industry committees and on the Toronto Stock exchange Stock List Committee as its Chairman from 1993
to 2007. He is a member of the CFA Society Toronto, the Toronto Mineral Analyst Group, the Canadian Institute of Mining and metallurgy,
Phi Kappa Pi and the Cambridge Club. Mr.&nbsp;Ing is a director of Aequitas Innovations Inc, parent of the NEO Stock Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">We believe Mr.&nbsp;Ing is well-qualified to serve
as a member of our board due to his significant leadership and management experience.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our board of directors is divided into three classes
with only one class of directors being elected in each year and each class serving a three-year term. The term of office of the first
class of directors, consisting of John Ing and Adam Jaffe, will expire at our first annual meeting of shareholders. The term of office
of the second class of directors, consisting of Adam Semler and Gregory Monahan, will expire at the second annual meeting. The term of
office of the third class of directors, consisting of David Sgro and Brian Pratt, will expire at the third annual meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Executive Compensation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No executive officer has received any cash compensation
for services rendered to us. Commencing on the date of this prospectus through the acquisition of a target business or our liquidation
of the trust account, we will pay Crescendo Advisors II, LLC, an entity controlled by Mr.&nbsp;Rosenfeld, $20,000 per month for providing
us with office space and certain office, administrative services and personnel. However, this arrangement is solely for our benefit and
is not intended to provide our officers or directors compensation in lieu of a salary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may pay consulting, success or finder fees to
our officers, directors, initial shareholders or their affiliates in connection with the consummation of our initial business combination
to be paid upon closing of our initial business combinations. We may pay such fees in the event our initial shareholders, officers or
directors provide us with specific target company, industry, financial or market expertise, as well as insights, relationships, services
or resources in order to assess, negotiate and consummate an initial business combination. The amount of any such fees we pay will be
based upon the prevailing market for similar services for comparable transactions at such time, and will be subject to the review of
our audit committee pursuant to the audit committee&rsquo;s policies and procedures relating to transactions that may present conflicts
of interest. We would disclose any such fee in the proxy or tender offer materials used in connection with a proposed business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Other than the $20,000 per month administrative fee,
the payment of consulting, success or finder fees to our officers, directors, initial shareholders or their affiliates in connection
with the consummation of our initial business combination and the repayment of the approximate $147,000 loans made by our executive officers
to us, no compensation or fees of any kind will be paid to our initial shareholders, members of our management team or their respective
affiliates, for services rendered prior to or in connection with the consummation of our initial business combination (regardless of
the type of transaction that it is). However, they will receive reimbursement for any out-of-pocket expenses incurred by them in connection
with activities on our behalf, such as identifying potential target businesses, performing business due diligence on suitable target
businesses and business combinations as well as traveling to and from the offices, plants or similar locations of prospective target
businesses to examine their operations. To the extent such expenses exceed the available proceeds not deposited in the trust account,
such expenses would not be reimbursed by us unless we consummate an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">After our initial business combination, members of
our management team who remain with us may be paid consulting, management or other fees from the combined company with any and all amounts
being fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials furnished to our shareholders. However,
the amount of such compensation may not be known at the time of the general meeting held to consider an initial business combination,
as it will be up to the directors of the post-combination business to determine executive and director compensation. In this event, such
compensation will be publicly disclosed at the time of its determination in a Current Report on Form 8-K or a periodic report, as required
by the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Director Independence</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Currently Brian Pratt, Adam Semler and John Ing would
each be considered an &ldquo;independent director&rdquo; under the NYSE listing rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Our independent directors will have regularly scheduled
meetings at which only independent directors are present.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any affiliated transactions will be on terms no less
favorable to us than could be obtained from independent parties. Our board of directors will review and approve all affiliated transactions
with any interested director abstaining from such review and approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Audit Committee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective upon the date of this prospectus, we will
establish an audit committee of the board of directors, which will consist of Adam Semler, John Ing and David Sgro, each of whom is an
independent director under the NYSE&rsquo;s listing standards. The audit committee&rsquo;s duties, which are specified in our Audit Committee
Charter, include, but are not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing and discussing with management and the independent auditor the annual audited financial
    statements, and recommending to the board whether the audited financial statements should be included in our Form 10-K;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">discussing with management and the independent auditor significant financial reporting issues and
    judgments made in connection with the preparation of our financial statements;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">discussing with management major risk assessment and risk management policies;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">monitoring the independence of the independent auditor;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">verifying the rotation of the lead (or coordinating) audit partner having primary responsibility
    for the audit and the audit partner responsible for reviewing the audit as required by law;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing and approving all related-party transactions;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">inquiring and discussing with management our compliance with applicable laws and regulations;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">pre-approving all audit services and permitted non-audit services to be performed by our independent
    auditor, including the fees and terms of the services to be performed;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">appointing or replacing the independent auditor;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">determining the compensation and oversight of the work of the independent auditor (including resolution
    of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing
    an audit report or related work;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">establishing procedures for the receipt, retention and treatment of complaints received by us regarding
    accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting
    policies; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">approving reimbursement of expenses incurred by our management team in identifying potential target
    businesses.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Financial Experts on Audit Committee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The audit committee will at all times be composed
exclusively of &ldquo;independent directors&rdquo; who are &ldquo;financially literate&rdquo; as defined under the NYSE&rsquo;s listing
standards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, we must certify to the NYSE that the
committee has, and will continue to have, at least one member who has past employment experience in finance or accounting, requisite
professional certification in accounting, or other comparable experience or background that results in the individual&rsquo;s financial
sophistication. The board of directors has determined that each of Adam Semler and David Sgro qualifies as an &ldquo;audit committee
financial expert,&rdquo; as defined under rules and regulations of the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Nominating Committee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective upon the date of this prospectus, we will
establish a nominating committee of the board of directors, which will consist of John Ing, Adam Semler and David Sgro, each of whom
is an independent director under NYSE&rsquo;s listing standards. The nominating committee is responsible for overseeing the selection
of persons to be nominated to serve on our board of directors. The nominating committee considers persons identified by its members,
management, shareholders, investment bankers and others.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Guidelines for Selecting Director Nominees</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The guidelines for selecting nominees, which are
specified in the Nominating Committee Charter, generally provide that persons to be nominated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">should have demonstrated notable or significant achievements in business, education or public service;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">should possess the requisite intelligence, education and experience to make a significant contribution
    to the board of directors and bring a range of skills, diverse perspectives and backgrounds to its deliberations; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">should have the highest ethical standards, a strong sense of professionalism and intense dedication
    to serving the interests of the shareholders.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Nominating Committee will consider a number of
qualifications relating to management and leadership experience, background and integrity and professionalism in evaluating a person&rsquo;s
candidacy for membership on the board of directors. The nominating committee may require certain skills or attributes, such as financial
or accounting experience, to meet specific board needs that arise from time to time and will also consider the overall experience and
makeup of its members to obtain a broad and diverse mix of board members. The nominating committee does not distinguish among nominees
recommended by shareholders and other persons.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Compensation Committee</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective upon the date of this prospectus, we will
establish a compensation committee of the board of directors, which will consist of David Sgro, Brian Pratt and John Ing, each of whom
is an independent director under the NYSE&rsquo;s listing standards. The compensation committee&rsquo;s duties, which are specified in
our Compensation Committee Charter, include, but are not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing and approving on an annual basis the corporate goals and objectives relevant to our Chief
    Executive Officer&rsquo;s compensation, evaluating our Chief Executive Officer&rsquo;s performance in light of such goals and objectives
    and determining and approving the remuneration (if any) of our Chief Executive Officer based on such evaluation;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing and approving the compensation of all of our other executive officers;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing our executive compensation policies and plans;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">implementing and administering our incentive compensation equity-based remuneration plans;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">assisting management in complying with our proxy statement and annual report disclosure requirements;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">approving all special perquisites, special cash payments and other special compensation and benefit
    arrangements for our executive officers and employees;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">if required, producing a report on executive compensation to be included in our annual proxy statement;
    and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Code of Ethics</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Effective upon consummation of this offering, we
will adopt a code of ethics that will apply to all of our executive officers, directors and employees. The code of ethics will codify
the business and ethical principles that govern all aspects of our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Conflicts of Interest</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In general, officers and directors of a corporation
incorporated under the laws of Cayman Islands are required to present business opportunities to a corporation if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the corporation could financially
    undertake the opportunity;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the opportunity is within the corporation&rsquo;s
    line of business; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">it would not be fair to our company
    and its shareholders for the opportunity not to be brought to the attention of the corporation.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accordingly, as a result of multiple business affiliations,
our officers and directors may have similar legal obligations relating to presenting business opportunities meeting the above-listed
criteria to multiple entities. Our amended and restated memorandum and articles of association provide that, to the fullest extent permitted
by applicable law: (i) no individual serving as a director or an officer shall have any duty, except and to the extent expressly assumed
by contract, to refrain from engaging directly or indirectly in the same or similar business activities or lines of business as us; and
(ii) we renounce any interest or expectancy in, or in being offered an opportunity to participate in, any potential transaction or matter
which may be a corporate opportunity for any director or officer, on the one hand, and us, on the other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">We are not prohibited from pursuing an initial business
combination with a company that is affiliated with our initial shareholders or any affiliate of them, subject to certain approvals and
consents. In the event we seek to complete our initial business combination with such a company, we, or a committee of independent directors,
would obtain an opinion from an independent investment banking firm or from another independent entity that commonly renders valuation
opinions, that such an initial business combination is fair to our company from a financial point of view.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our officers and directors are, and may in the future
become, affiliated with other companies. In order to minimize potential conflicts of interest which may arise from such other corporate
affiliations, each of our officers and directors has contractually agreed, pursuant to a written agreement with us, until the earliest
of our execution of a definitive agreement for a business combination, our liquidation or such time as he ceases to be an officer or
director, to present to our company for our consideration, prior to presentation to any other entity, any suitable business opportunity
which may reasonably be required to be presented to us, subject to any fiduciary or contractual obligations he might have. The foregoing
agreement does not restrict our officers and directors from becoming affiliated with other companies in the future which could take priority
over our company. However, we believe that such agreement still benefits us because our officers and directors are obligated to present
suitable business opportunities to us to the extent that none of their other fiduciary or contractual obligations require them to present
it to another entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table summarizes the pre-existing fiduciary
or contractual obligations of our officers and directors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left; width: 32%; vertical-align: bottom"><B>Name
    of Affiliated Company</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center; white-space: nowrap; width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center; vertical-align: bottom"><B>Name
    of Individual(s)</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center; white-space: nowrap; width: 2%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 32%; text-align: center; vertical-align: bottom"><B>Priority/Preference
    relative to </B><BR><B>Legato Merger Corp. III</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">AECON</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Eric S. Rosenfeld</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Mr.&nbsp;Rosenfeld will be required
    to present all business opportunities which are suitable for AECON to AECON prior to presenting them to us. AECON is a Canadian listed
    provider of commercial and infrastructure construction services.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">Pangaea Logistics Solutions Ltd.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Eric S. Rosenfeld<BR>David D. Sgro</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Each of Messrs. Rosenfeld and Sgro
    are directors of Pangaea. Accordingly, each of Messrs. Rosenfeld and Sgro will be required to present all business opportunities
    which are suitable for Pangaea to Pangaea prior to presenting them to us. Pangaea is a Newport, Rhode Island-headquartered global
    logistics company focused on providing seaborne dry bulk transportation services.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">Allegro Merger Corp.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Eric S. Rosenfeld<BR>David D. Sgro<BR>Adam Jaffe<BR>
    Adam Semler</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Messrs. Rosenfeld, Sgro, Jaffe and
    Semler are officers and/or directors of Allegro Merger Corp. Accordingly, they will be required to present all business opportunities
    which are suitable for Allegro to Allegro prior to presenting them to us. Allegro is a shell company.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">Southland Holdings</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Gregory
                                            Monahan</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Brian Pratt</P> </TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Each of Messrs. Monahan and Pratt
    serve as directors of Southland. Accordingly, each of Messrs. Monahan and Pratt will be required to present all business opportunities
    which are suitable for Southland to Southland prior to presenting them to us. Southland is a construction company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom"><B>Name
    of Affiliated Company</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Name
    of Individual(s)</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: center; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center; vertical-align: bottom"><B>Priority/Preference
    relative to </B><BR><B>Legato Merger Corp. III</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 32%">Algoma Steel</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 32%">Eric S. Rosenfeld <BR>David D. Sgro</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 32%">Each of Messrs. Rosenfeld
    and Sgro serve as directors of Algoma. Accordingly, each of Messrs. Rosenfeld and Sgro will be required to present all business opportunities
    which are suitable for Algoma to Algoma prior to presenting them to us. Algoma is a fully integrated steel producer of hot and cold
    rolled steel products including sheet and plate.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">Jamarant Capital, L.P.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">Adam H. Jaffe<BR>David D. Sgro<BR>Eric S. Rosenfeld<BR>Gregory
    Monahan</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Messrs. Jaffe, Sgro, Rosenfeld and
    Monahan will be required to present all business opportunities which are suitable for Jamarant Capital to Jamarant Capital prior
    to presenting them to us. Jamarant Capital is an investment firm.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 32%">Crescendo Partners, L.P.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 32%">Adam H. Jaffe<BR>Eric S. Rosenfeld<BR>Gregory
    Monahan</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 32%">Messrs. Rosenfeld, Jaffe
    and Monahan will be required to present all business opportunities which are suitable for Crescendo Partners to Crescendo Partners
    prior to presenting them to us. Crescendo Partners is an investment firm.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top">Maison Placements Canada</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">John Ing</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Mr.&nbsp;Ing will be required to present
    all business opportunities which are suitable for Maison Placements to Maison Placements prior to presenting them to us. Maison Placements
    is an independent IIROC investment dealer.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While the foregoing may limit the pool of potential
business combination candidates, we do not believe that this limitation will be material.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Investors should also be aware of the following additional
potential conflicts of interest:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">None of our officers and directors is required to commit their full time to our affairs and, accordingly,
    they may have conflicts of interest in allocating their time among various business activities.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">Unless we consummate our initial business combination, our officers, directors and initial shareholders
    will not receive reimbursement or repayment for any out-of-pocket expenses incurred by them, or loans made to us, to the extent that
    such expenses exceed the amount of available proceeds not deposited in the trust account.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">The founders&rsquo; shares beneficially owned by our initial shareholders, and the private units
    purchased by our initial shareholders, and any warrants which our officers or directors may purchase in the aftermarket will expire
    worthless if a business combination is not consummated. This is because our officers and directors and affiliates will not receive
    liquidation distributions from the trust account with respect to any of the founders&rsquo; shares, private shares or warrants.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the foregoing reasons, our board may have a conflict
of interest in determining whether a particular target business is appropriate to effect a business combination with.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">To further minimize conflicts of interest, we have
agreed not to consummate an initial business combination with an entity that is affiliated with any of our officers, directors or initial
shareholders unless we have obtained an opinion from an independent investment banking firm, or another independent entity that commonly
renders valuation opinions, that the business combination is fair to our unaffiliated shareholders from a financial point of view. We
will also need to obtain the approval of a majority of our disinterested independent directors. Furthermore, in no event will any of
our initial shareholders, members of our management team or their respective affiliates be paid any compensation prior to, or for any
services they render in order to effectuate, the consummation of an initial business combination (regardless of the type of transaction
that it is) other than the $20,000 per month administrative fee, the payment of consulting, success or finder fees to our officers, directors,
initial shareholders or their affiliates in connection with the consummation of our initial business combination, repayment of the approximate
$147,000 loans and reimbursement of any out-of-pocket expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_012"></A>PRINCIPAL SHAREHOLDERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table sets forth information regarding
the beneficial ownership of our ordinary shares as of the date of this prospectus and as adjusted to reflect the sale of our ordinary
shares included in the units offered by this prospectus and included in the private units (assuming none of the individuals listed purchase
units in this offering), by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">each person known by us to be the beneficial owner of more than 5% of our outstanding ordinary shares;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">each of our officers and directors; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">all of our officers and directors as a group.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Unless otherwise indicated, we believe that all persons
named in the table have sole voting and investment power with respect to all ordinary shares beneficially owned by them. The following
table does not reflect record of beneficial ownership of the warrants included in the units offered by this prospectus or the private
warrants as these warrants are not exercisable within 60 days of the date of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 12pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Prior to Offering</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>After
    Offering<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>Name and Address
    of Beneficial Owner<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Amount and <BR>
    Nature of <BR> Beneficial <BR> Ownership</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Approximate <BR>
    Percentage of <BR> Outstanding <BR> Ordinary Shares</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Amount and <BR>
    Nature of <BR> Beneficial <BR> Ownership</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Approximate <BR>
    Percentage of <BR> Outstanding <BR> Ordinary Shares</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 52%; font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">Eric S. Rosenfeld</TD>
    <TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; font-size: 10pt; text-align: right">1,838,025</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; font-size: 10pt; text-align: right">35.9</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; font-size: 10pt; text-align: right">1,521,827</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; font-size: 10pt; text-align: right">6.8</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">Eris S Rosenfeld 2017 Trust No. 1</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">357,394</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">6.9</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">292,751</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">1.3</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">Gregory Monahan</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">833,919</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">16.3</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">689,211</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">3.1</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt"><FONT STYLE="font-size: 10pt">David D. Sgro<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">396,913</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">7.8</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">329,934</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">1.5</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">Adam Jaffe<SUP>(4)</SUP></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">255,281</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">4.9</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">210,983</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">*&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-indent: 0pt; padding-left: 0pt">Adam Semler<SUP>(5)</SUP></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">20,000</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">*&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">27,891</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">*&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">Brian Pratt</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">1,050,000</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">20.5</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">1,200,000</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">5.3</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-indent: 0pt; padding-left: 0pt">John Ing<SUP>(6)</SUP></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">100,000</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">2.0</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">139,453</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">*&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; text-indent: 0pt; padding-left: 0pt">All directors and executive officers as a group
    (7 individuals)</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">4,494,138</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">87.8</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">4,119,298</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">18.3</TD>
    <TD STYLE="font-size: 10pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">*</TD>
    <TD STYLE="text-align: justify">Less than 1%.</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Unless otherwise indicated, the business address of each of the individuals is c/o Legato Merger
    Corp. III, 777 Third Avenue, 37<SUP>th</SUP> Floor, New York, New York 10017.</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(2)</TD>
    <TD STYLE="text-align: justify">Assumes no exercise of the over-allotment option and, therefore, the forfeiture of an aggregate of
    656,250 ordinary shares. Also gives effect to the purchase of the private units as described in this prospectus.</TD> </TR>
  </TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in; text-align: left">(3)</TD>
    <TD STYLE="text-align: justify">Includes shares held by trusts established for Mr.&nbsp;Rosenfeld&rsquo;s children, including the
    Eric S Rosenfeld 2017 Trust No. 1. Mr.&nbsp;Sgro is the trustee of these trusts and has sole voting and dispositive power over the
    shares held by such trusts.</TD> </TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="text-align: left">(4)</TD>
    <TD STYLE="text-align: justify">Includes 200,000 shares held by Mr. Jaffe&rsquo;s Roth IRA.</TD></TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="text-align: left">(5)</TD>
    <TD STYLE="text-align: justify">Represents shares held by Triple J Holdings II, LLC, an affiliate of Mr. Semler.</TD></TR>
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="text-align: left">(6)</TD>
    <TD STYLE="text-align: justify">Represents shares held by The Mont Blanc Investment Corporation, an affiliate of Mr. Ing.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Immediately after this offering, our initial shareholders
will beneficially own approximately 21.4% of the then issued and outstanding ordinary shares (including the private shares and assuming
they do not purchase any units offered by this prospectus). None of our officers, directors and initial shareholders has indicated to
us that it or they intend to purchase our securities in the offering. Because of the ownership block held by our officers, directors
and initial shareholders, such individuals may be able to effectively exercise influence over all matters requiring approval by our shareholders,
including the election of directors and approval of significant corporate transactions other than approval of our initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the underwriters do not exercise all or a portion
of the over-allotment option, an aggregate of 656,250 founders&rsquo; shares will be forfeited. Only a number of shares necessary to
maintain the 20% ownership interest in our ordinary shares after giving effect to the offering and the exercise, if any, of the underwriters&rsquo;
over-allotment option (not including the private units and representative founder shares and assuming they do not purchase any units
in this offering) will be necessary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All of the founders&rsquo; shares outstanding prior
to the date of this prospectus will be subject to transfer restrictions until the earlier of 180 days after the date of the consummation
of our initial business combination and the date on which the closing price of our ordinary shares equals or exceeds $12.50 per share
(as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading
day period commencing after our initial business combination, or earlier if, subsequent to our initial business combination, we consummate
a liquidation, merger, share exchange or other similar transaction which results in all of our shareholders having the right to exchange
their ordinary shares for cash, securities or other property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the period during which the founders&rsquo;
shares are subject to the transfer restrictions, the holders of these shares will not be able to sell or transfer their securities except
for transfers, assignments or sales (i) among our initial shareholders or to our initial shareholders&rsquo; members, officers, directors,
consultants or their affiliates, (ii) to a holder&rsquo;s shareholders or members upon its liquidation, (iii) by bona fide gift to a
member of the holder&rsquo;s immediate family or to a trust, the beneficiary of which is the holder or a member of the holder&rsquo;s
immediate family, for estate planning purposes, (iv) by virtue of the laws of descent and distribution upon death, (v) pursuant to a
qualified domestic relations order, (vi) to us for no value for cancellation in connection with the consummation of our initial business
combination, or (vii) at or prior to the consummation of a business combination at prices no greater than the price at which the shares
were originally purchased, in each case (except for clause (vi) or with our prior consent) where the transferee agrees to be bound by
these transfer restrictions. If we are unable to effect a business combination and liquidate, there will be no liquidation distribution
with respect to the founders&rsquo; shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our initial shareholders and the underwriters
have committed that they and/or their designees will purchase the 522,813 private units (for a total purchase price of $5,228,130) from
us. These purchases will take place on a private placement basis simultaneously with the consummation of this offering. They have also
agreed that if the over-allotment option is exercised by the underwriters in full or in part, they and/or their designees will purchase
from us an additional number of private units (up to a maximum of 32,813 private units) necessary to maintain in the trust account $10.00
per unit sold to the public in this offering. These additional private units will be purchased in a private placement that will occur
simultaneously with the purchase of units resulting from the exercise of the over-allotment option. The private units are identical to
the units sold in this offering. The initial purchasers have agreed not to transfer, assign or sell any of the private units and underlying
securities (except in connection with the same limited exceptions that the founders&rsquo; shares may be transferred as described above)
until after the completion of our initial business combination. Furthermore, our initial shareholders have agreed to vote the private
shares in favor of any proposed business combination. Our initial shareholders and the underwriters have also agreed (A) not to convert
any private shares in connection with a shareholder vote to approve a proposed initial business combination or sell any private shares
to us in a tender offer in connection with a proposed initial business combination or in connection with certain amendments to our amended
and restated memorandum and articles of association prior to a business combination and (B) that the private shares shall not participate
in any liquidating distribution from our trust account upon winding up if a business combination is not consummated. In the event of
a liquidation prior to our initial business combination, the private units will likely be worthless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In order to meet our working capital needs following
the consummation of this offering, our initial shareholders, officers, directors and their affiliates may, but are not obligated to,
loan us funds, from time to time or at any time, in whatever amount they deem reasonable in their sole discretion. Each loan would be
evidenced by a promissory note. The notes would either be paid upon consummation of our initial business combination, without interest,
or, at holder&rsquo;s discretion, up to $1,500,000 of the notes may be converted into units at a price of $10.00 per unit. The units
would be identical to the private units. In the event that the initial business combination does not close, we may use a portion of the
working capital held outside the trust account to repay such loaned amounts, but no proceeds from our trust account would be used for
such repayment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our executive officers are our &ldquo;promoters,&rdquo;
as that term is defined under the federal securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_013"></A>CERTAIN TRANSACTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2023, we issued 5,031,250 ordinary
shares to Eric Rosenfeld, our Chief SPAC Officer, for $25,000 in cash for payment of expenses at a purchase price of approximately $0.005
per share, in connection with our organization. No cash was received by us, however, as the cash was paid directly to service providers.
Mr.&nbsp;Rosenfeld subsequently transferred certain of such shares to our officers, directors and other individuals at the same price
originally paid for such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the underwriters do not exercise all or a portion
of their over-allotment option, our initial shareholders will forfeit up to an aggregate of 656,250 ordinary shares in proportion to
the portion of the over-allotment option that was not exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders and the underwriters have
committed that they and/or their designees will purchase, pursuant to written subscription agreements with us, the 522,813 private units
(for a total purchase price of $5,228,130) from us. This purchase will take place on a private placement basis simultaneously with the
consummation of this offering. They have also agreed that if the over-allotment option is exercised by the underwriters in full or in
part, they and/or their designees will purchase from us an additional number of private units (up to a maximum of 32,813 private units)
necessary to maintain in the trust account $10.00 per unit sold to the public in this offering. These additional private units will be
purchased in a private placement that will occur simultaneously with the purchase of units resulting from the exercise of the over-allotment
option. The purchase price for the private units will be deposited into the trust account simultaneously with the consummation of the
offering. The private units are identical to the units sold in this offering. The purchasers have agreed not to transfer, assign or sell
any of the private units and underlying securities (except to certain permitted transferees) until after the completion of our initial
business combination. Furthermore, our initial shareholders have agreed to vote the private shares in favor of any proposed business
combination. Our initial shareholders and the underwriters have also agreed (A) not to convert any private shares in connection with
a shareholder vote to approve a proposed initial business combination or sell any private shares to us in a tender offer in connection
with a proposed initial business combination or in connection with certain amendments to our amended and restated memorandum and articles
of association prior to a business combination and (B) that the private shares shall not participate in any liquidating distribution
from our trust account upon winding up if a business combination is not consummated. In the event of a liquidation prior to our initial
business combination, the private units will likely be worthless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In order to meet our working capital needs following
the consummation of this offering, our initial shareholders, officers and directors or their affiliates may, but are not obligated to,
loan us funds, from time to time or at any time, in whatever amount they deem reasonable in their sole discretion. Each loan would be
evidenced by a promissory note. The notes would either be paid upon consummation of our initial business combination, without interest,
or, at holder&rsquo;s discretion, up to $1,500,000 of the notes may be converted into units at a price of $10.00 per unit. The units
would be identical to the private units. In the event that the initial business combination does not close, we may use a portion of the
working capital held outside the trust account to repay such loaned amounts, but no proceeds from our trust account would be used for
such repayment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The holders of our founders&rsquo; shares issued
and outstanding on the date of this prospectus, as well as the holders of the representative founder shares, private units and any units
our initial shareholders, officers, directors or their affiliates may be issued in payment of working capital loans made to us (and all
underlying securities), will be entitled to registration rights pursuant to an agreement to be signed prior to or on the effective date
of this offering. The holders of a majority of these securities are entitled to make up to two demands that we register such securities.
The holders of the majority of the founders&rsquo; shares can elect to exercise these registration rights at any time commencing three
months prior to the date on which the transfer restrictions applicable to such shares cease. The holders of a majority of the private
units and units issued in payment of working capital loans made to us (or underlying securities) can elect to exercise these registration
rights at any time after we consummate a business combination. In addition, the holders have certain &ldquo;piggy-back&rdquo; registration
rights with respect to registration statements filed subsequent to our consummation of a business combination. Notwithstanding anything
to the contrary, the underwriters may only make a demand on one occasion and only during the five-year period beginning on the effective
date of the registration statement of which this prospectus forms a part. In addition, the underwriters may participate in a &ldquo;piggy-back&rdquo;
registration only during the seven-year period beginning on the effective date of the registration statement of which this prospectus
forms a part. We will bear the expenses incurred in connection with the filing of any such registration statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">As of November&nbsp;30, 2023, our executive officers
had loaned us an aggregate of $50,000. On December 13, 2023, our executive officers loaned us an additional $46,784.59. The loans were
made to cover expenses related to this offering. The loans are evidenced by promissory notes and are non-interest bearing, unsecured
and are due at the earlier of December&nbsp;31, 2024, the closing of this offering or our determination not to proceed with this offering.
We intend to repay the loans from the proceeds of this offering not being placed in trust upon consummation of this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Crescendo Advisors II, LLC, an entity controlled
by Mr.&nbsp;Rosenfeld, has agreed that, commencing on the effective date of this prospectus through the earlier of our consummation of
our initial business combination or the liquidation of the trust account, it will make available to us certain general and administrative
services, including office space, utilities and personnel, as we may require from time to time. We have agreed to pay $20,000 per month
for these services. We believe, based on rents and fees for similar services, that these fees are at least as favorable as we could have
obtained from an unaffiliated person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may pay consulting, success or finder fees to
our officers, directors, initial shareholders or their affiliates in connection with the consummation of our initial business combination
to be paid upon closing of our initial business combinations. We may pay such fees in the event our initial shareholders, officers or
directors provide us with specific target company, industry, financial or market expertise, as well as insights, relationships, services
or resources in order to assess, negotiate and consummate an initial business combination. The amount of any such fees we pay will be
based upon the prevailing market for similar services for comparable transactions at such time, and will be subject to the review of
our audit committee pursuant to the audit committee&rsquo;s policies and procedures relating to transactions that may present conflicts
of interest. We would disclose any such fee in the proxy or tender offer materials used in connection with a proposed business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will enter into agreements with our officers and
directors to provide contractual indemnification in addition to the indemnification provided for in our amended and restated memorandum
and articles of association.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Other than the $20,000 per month administrative fee,
the payment of consulting, success or finder fees to our officers, directors, initial shareholders or their affiliates in connection
with the consummation of our initial business combination and repayment of the approximately $147,000 loans, no compensation or fees
of any kind will be paid to our initial shareholders, members of our management team or their respective affiliates, for services rendered
prior to or in connection with the consummation of our initial business combination (regardless of the type of transaction that it is).
However, such individuals will receive reimbursement for any out-of-pocket expenses incurred by them in connection with activities on
our behalf, such as identifying potential target businesses, performing business due diligence on suitable target businesses and business
combinations as well as traveling to and from the offices, plants or similar locations of prospective target businesses to examine their
operations. To the extent such expenses exceed the available proceeds not deposited in the trust account, such expenses would not be
reimbursed by us unless we consummate an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">After our initial business combination, members of
our management team who remain with us may be paid consulting, management or other fees from the combined company with any and all amounts
being fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials furnished to our shareholders. However,
the amount of such compensation may not be known at the time of the general meeting held to consider an initial business combination,
as it will be up to the directors of the post-combination business to determine executive and director compensation. In this event, such
compensation will be publicly disclosed at the time of its determination in a Current Report on Form 8-K or a periodic report, as required
by the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All ongoing and future transactions between us and
any of our officers and directors or their respective affiliates will be on terms believed by us to be no less favorable to us than are
available from unaffiliated third parties. Such transactions will require prior approval by a majority of our uninterested &ldquo;independent&rdquo;
directors or the members of our board who do not have an interest in the transaction, in either case who had access, at our expense,
to our attorneys or independent legal counsel. We will not enter into any such transaction unless our disinterested &ldquo;independent&rdquo;
directors determine that the terms of such transaction are no less favorable to us than those that would be available to us with respect
to such a transaction from unaffiliated third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Related Party Policy</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our Code of Ethics requires us to avoid, wherever
possible, all related party transactions that could result in actual or potential conflicts of interests, except under guidelines approved
by the board of directors (or the audit committee). Related-party transactions are defined as transactions in which (1) the aggregate
amount involved will or may be expected to exceed $120,000 in any calendar year, (2) we or any of our subsidiaries is a participant,
and (3) any (a) executive officer, director or nominee for election as a director, (b) greater than 5% beneficial owner of our ordinary
shares, or (c) immediate family member, of the persons referred to in clauses (a) and (b), has or will have a direct or indirect material
interest (other than solely as a result of being a director or a less than 10% beneficial owner of another entity). A conflict of interest
situation can arise when a person takes actions or has interests that may make it difficult to perform his or her work objectively and
effectively. Conflicts of interest may also arise if a person, or a member of his or her family, receives improper personal benefits
as a result of his or her position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our audit committee, pursuant to its written charter,
will be responsible for reviewing and approving related-party transactions to the extent we enter into such transactions. The audit committee
will consider all relevant factors when determining whether to approve a related party transaction, including whether the related party
transaction is on terms no less favorable to us than terms generally available from an unaffiliated third-party under the same or similar
circumstances and the extent of the related party&rsquo;s interest in the transaction. No director may participate in the approval of
any transaction in which he is a related party, but that director is required to provide the audit committee with all material information
concerning the transaction. We also require each of our directors and executive officers to complete a directors&rsquo; and officers&rsquo;
questionnaire that elicits information about related party transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These procedures are intended to determine whether
any such related party transaction impairs the independence of a director or presents a conflict of interest on the part of a director,
employee or officer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To further minimize conflicts of interest, we have
agreed not to consummate an initial business combination with an entity that is affiliated with any of our initial shareholders, officers
or directors unless we have obtained an opinion from an independent investment banking firm, or another independent entity that commonly
renders valuation opinions, that the business combination is fair to our unaffiliated shareholders from a financial point of view. We
will also need to obtain approval of a majority of our disinterested independent directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_014"></A>DESCRIPTION OF SECURITIES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>General</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are an exempted company with limited liability
incorporated under the laws of the Cayman Islands, and our affairs are governed by our amended and restated memorandum and articles of
association, the Companies Act and common law of the Cayman Islands. As of the date of this prospectus, we are authorized to issue 200,000,000
ordinary shares, par value $0.0001, and 1,000,000 preference shares, par value $0.0001. As of the date of this prospectus, 5,118,750
ordinary shares are outstanding. No preference shares are currently outstanding. The following description summarizes the material terms
of our securities. Because it is only a summary, it may not contain all the information that is important to you. For a complete description
you should refer to our amended and restated memorandum and articles of association and the form of warrant agreement, which are filed
as exhibits to the registration statement of which this prospectus is a part, and to the applicable provisions of Cayman Islands law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Units</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Each unit consists of one ordinary share and one-half
of one warrant. Each whole warrant entitles the holder to purchase one ordinary share. Pursuant to the warrant agreement, a warrant holder
may exercise its warrants only for a whole number of ordinary shares. This means that only a whole warrant may be exercised at any given
time by a warrant holder. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly,
unless you purchase a multiple of two units, the number of warrants issuable to you upon separation of the units will be rounded down
to the nearest whole number of warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will file a Current Report on Form 8-K which includes
an audited balance sheet promptly upon the consummation of this offering. The audited balance sheet will reflect proceeds we receive
from the exercise of the over-allotment option, if the over-allotment option is exercised on the date of this prospectus. If the over-allotment
option is exercised after the date of this prospectus, we will file an amendment to the Form 8-K to provide updated financial information
to reflect the exercise of the over-allotment option. We will also include in this Form 8-K, an amendment thereto, or in a subsequent
Form 8-K information indicating if BTIG, Inc. has allowed separate trading of the ordinary shares and warrants prior to the 52nd day
after the date of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Ordinary Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our shareholders of record are entitled to one vote
for each share held on all matters to be voted on by shareholders. Unless specified in our amended and restated memorandum and articles
of association, or as required by applicable provisions of the Companies Act or applicable stock exchange rules, the affirmative vote
of a majority of our ordinary shares that are voted is required to approve any such matter voted on by our shareholders. Approval of
certain actions, will require a special resolutions under Cayman Islands law and pursuant to our amended and restated memorandum and
articles of association, such actions include amending our amended and restated memorandum and articles of association and approving
a statutory merger or consolidation with another company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with any vote held to approve our initial
business combination, our initial shareholders, as well as all of our officers and directors, have agreed, subject to SEC rules, to vote
their respective ordinary shares owned by them immediately prior to this offering and any shares purchased in this offering or following
this offering in the open market in favor of the proposed business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If a vote is held to approve a business combination,
we will consummate such transaction only if we obtain the approval of an ordinary resolution under Cayman Islands law, which requires
the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our board of directors is divided into three classes,
each of which will generally serve for a term of three years with only one class of directors being elected in each year. There is no
cumulative voting with respect to the election of directors, with the result that the holders of more than 50% of the shares eligible
to vote for the election of directors can elect all of the directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to our amended and restated memorandum and
articles of association, if we do not consummate an initial business combination by 24 months from the closing of this offering (or 27
months from the closing of this offering if we have executed a letter of intent, agreement in principle or definitive agreement for an
initial business combination</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">within 24 months from the closing of this offering),
we will cease our corporate existence except for the purposes of winding up our affairs and liquidating. If we are forced to liquidate
prior to an initial business combination, our public shareholders are entitled to share ratably in the trust account, based on the amount
then held in the trust account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our initial shareholders, officers and directors
have agreed to waive their rights to participate in any liquidation distribution from the trust account occurring upon our failure to
consummate an initial business combination with respect to the founder&rsquo;s shares and private shares. Our initial shareholders, officers
and directors will therefore not participate in any liquidation distribution from the trust account with respect to such shares. They
will, however, participate in any liquidation distribution from the trust account with respect to any ordinary shares acquired in, or
following, this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our shareholders have no conversion, preemptive or
other subscription rights and there are no sinking fund or redemption provisions applicable to the ordinary shares, except that public
shareholders have the right to sell their shares to us in a tender offer or have their ordinary shares converted to cash equal to their
pro rata share of the trust account in connection with the consummation of our business combination. Public shareholders who sell or
redeem their shares into their share of the trust account still have the right to exercise the warrants that they received as part of
the units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Register of Members</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under Cayman Islands law, we must keep a register
of members and there will be entered therein:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the names and addresses of the members,
    a statement of the shares held by each member (which shall distinguish each share by its number (so long as the share has a number);
    confirm the amount paid or agreed to be considered as paid, confirm the number and category of each member and the voting rights
    of such shares (and whether such voting rights are conditional);</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the date on which the name of any
    person was entered on the register as a member; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the date on which any person ceased
    to be a member.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under Cayman Islands law, the register of members
of our company is prima facie evidence of the matters set out therein (i.e., the register of members will raise a presumption of fact
on the matters referred to above unless rebutted) and a member registered in the register of members will be deemed as a matter of Cayman
Islands law to have legal title to the shares as set against its name in the register of members. Upon the closing of this public offering,
the register of members will be immediately updated to reflect the issue of shares by us. Once our register of members has been updated,
the shareholders recorded in the register of members will be deemed to have legal title to the shares set against their name. However,
there are certain limited circumstances where an application may be made to a Cayman Islands court for a determination on whether the
register of members reflects the correct legal position. Further, the Cayman Islands court has the power to order that the register of
members maintained by a company should be rectified where it considers that the register of members does not reflect the correct legal
position. If an application for an order for rectification of the register of members were made in respect of our ordinary shares, then
the validity of such shares may be subject to re-examination by a Cayman Islands court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Preference Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There are no preference shares outstanding. Our amended
and restated memorandum and articles of association authorizes the issuance of 1,000,000 preference shares with such designation, rights
and preferences as may be determined from time to time by our board of directors. No preference shares are being issued or registered
in this offering. Accordingly, our board of directors is empowered, without shareholder approval, to issue preference shares with dividend,
liquidation, conversion, voting or other rights which could adversely affect the voting power or other rights of the holders of ordinary
shares. However, the underwriting agreement prohibits us, prior to a business combination, from issuing preference shares which participate
in any manner in the proceeds of the trust account, or which votes as a class with the ordinary shares on a business combination. We
may issue some or all of the preference shares to effect a business combination. In addition, the preference shares could be utilized
as a method of discouraging, delaying or preventing a change in control of us. Although we do not currently intend to issue any shares
of preference shares, we cannot assure you that we will not do so in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Warrants</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">No warrants are currently outstanding. Each whole
warrant entitles the registered holder to purchase one ordinary share at a price of $11.50 per share, subject to adjustment as discussed
below, at any time commencing 30 days after the completion of an initial business combination. However, no warrants will be exercisable
for cash unless we have an effective and current registration statement covering the ordinary shares issuable upon exercise of the warrants
and a current prospectus relating to such ordinary shares. Notwithstanding the foregoing, if a registration statement covering the ordinary
shares issuable upon exercise of the public warrants is not effective within a specified period following the consummation of our initial
business combination, warrant holders may, until such time as there is an effective registration statement and during any period when
we shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis pursuant to the exemption
provided by Section&nbsp;3(a)(9) of the Securities Act, provided that such exemption is available. If that exemption, or another exemption,
is not available, holders will not be able to exercise their warrants on a cashless basis. In the event of such cashless exercise, each
holder would pay the exercise price by surrendering the warrants for that number of ordinary shares equal to the quotient obtained by
dividing (x) the product of the number of ordinary shares underlying the warrants, multiplied by the difference between the exercise
price of the warrants and the &ldquo;fair market value&rdquo; (defined below) by (y) the fair market value. The &ldquo;fair market value&rdquo;
for this purpose will mean the average reported last sale price of the ordinary shares for the five trading days ending on the trading
day prior to the date of exercise. The warrants will expire on the fifth anniversary of our completion of an initial business combination,
at 5:00 p.m., New York City time, or earlier upon redemption; provided that the warrants will expire earlier if we have not completed
an initial business combination within the required time period and liquidate the trust account in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The private warrants, as well as any warrants underlying
additional units we issue to our initial shareholders, officers, directors or their affiliates in payment of working capital loans made
to us, will be identical to the warrants underlying the units being offered by this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We may call the warrants for redemption, in whole
and not in part, at a price of $0.01 per warrant,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">at any time after the warrants become exercisable,</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">upon not less than 30 days&rsquo; prior written notice of redemption to each warrant holder,</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">if, and only if, the reported last sale price of the ordinary shares equals or exceeds $18.00 per
    share (as adjusted for share splits, share dividends, reorganizations and recapitalizations), for any 20 trading days within a 30
    trading day period commencing at any time after the warrants become exercisable and ending on the third business day prior to the
    notice of redemption to warrant holders; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">if, and only if, there is a current registration statement in effect with respect to the ordinary
    shares underlying such warrants.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The right to exercise will be forfeited unless the
warrants are exercised prior to the date specified in the notice of redemption. On and after the redemption date, a record holder of
a warrant will have no further rights except to receive the redemption price for such holder&rsquo;s warrant upon surrender of such warrant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The redemption criteria for our warrants have been
established at a price which is intended to provide warrant holders a reasonable premium to the initial exercise price and provide a
sufficient differential between the then-prevailing share price and the warrant exercise price so that if the share price declines as
a result of our redemption call, the redemption will not cause the share price to drop below the exercise price of the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we call the warrants for redemption as described
above, our management will have the option to require all holders that wish to exercise warrants to do so on a &ldquo;cashless basis.&rdquo;
In such event, each holder would pay the exercise price by surrendering the warrants for that number of ordinary shares equal to the
quotient obtained by dividing (x) the product of the number of ordinary shares underlying the warrants, multiplied by the difference
between the exercise price of the warrants and the &ldquo;fair market value&rdquo; (defined below) by (y) the fair market value. The
&ldquo;fair market value&rdquo; for this purpose shall mean the average reported last sale price of the ordinary shares for the 5 trading
days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The warrants will be issued in registered form under
a warrant agreement between Equiniti Trust Company, LLC, as warrant agent, and us. The warrant agreement provides that the terms of the
warrants may be amended without the consent of any holder to cure any ambiguity or correct any defective provision, but requires the
approval, by written consent or vote, of the holders of at least a majority of the then outstanding warrants in order to make any change
that adversely affects the interests of the registered holders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The exercise price and number of ordinary shares
issuable on exercise of the warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary
dividend or our recapitalization, reorganization, merger or consolidation. However, except as described below, the warrants will not
be adjusted for issuances of ordinary shares at a price below their respective exercise prices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, if (x) we issue additional ordinary
shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at
an issue price or effective issue price of less than $9.20 per ordinary share (with such issue price or effective issue price to be determined
in good faith by our board of directors, and in the case of any such issuance to our initial shareholders or their affiliates, without
taking into account any founders&rsquo; shares held by them prior to such issuance), (y) the aggregate gross proceeds from such issuances
represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of our initial business combination
on the date of the consummation of our initial business combination (net of redemptions), and (z) the Market Value is below $9.20 per
share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of (i) the Market
Value or (ii) the price at which we issue the additional ordinary shares or equity-linked securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The warrants may be exercised upon surrender of the
warrant certificate on or prior to the expiration date at the offices of the warrant agent, with the exercise form on the reverse side
of the warrant certificate completed and executed as indicated, accompanied by full payment of the exercise price, by certified or official
bank check payable to us, for the number of warrants being exercised. The warrant holders do not have the rights or privileges of holders
of ordinary shares and any voting rights until they exercise their warrants and receive ordinary shares. After the issuance of ordinary
shares upon exercise of the warrants, each holder will be entitled to one vote for each share held of record on all matters to be voted
on by shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Warrant holders may elect to be subject to a restriction
on the exercise of their warrants such that an electing warrant holder would not be able to exercise their warrants to the extent that,
after giving effect to such exercise, such holder would beneficially own in excess of 9.9% of the ordinary shares outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No fractional shares will be issued upon exercise
of the warrants. If, upon exercise of the warrants, a holder would be entitled to receive a fractional interest in a share, we will,
upon exercise, round down to the nearest whole number the number of ordinary shares to be issued to the warrant holder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Dividends</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have not paid any cash dividends on our ordinary
shares to date and do not intend to pay cash dividends prior to the completion of a business combination. The payment of cash dividends
in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent
to completion of a business combination. The payment of any cash dividends subsequent to our initial business combination will be within
the discretion of our board of directors at such time and we will only pay such dividend out of our profits or share premium (subject
to solvency requirements) as permitted under Cayman Islands Law. It is the present intention of our board of directors to retain all
earnings, if any, for use in our business operations and, accordingly, our board does not anticipate declaring any dividends in the foreseeable
future. If we increase the size of the offering, we will effect a share dividend, or other appropriate mechanism, as applicable, with
respect to our founder shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of our
initial shareholders at 20% of our issued and outstanding ordinary shares upon the consummation of this offering (excluding the private
shares, representative founder shares and any units purchased in this offering). Further, if we incur any indebtedness, our ability to
declare dividends may be limited by restrictive covenants we may agree to in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Our Transfer Agent and Warrant Agent</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The transfer agent for our securities and warrant
agent for our warrants is Equiniti Trust Company, LLC, 48 Wall Street, 22<SUP>nd</SUP> Floor, New York, NY 10005.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Listing of our Securities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">We have applied to have our units, ordinary shares
and warrants listed on the NYSE under the symbols &ldquo;LEGT U,&rdquo; &ldquo;LEGT,&rdquo; and &ldquo;LEGT WS,&rdquo; respectively.
We anticipate that our units will be listed on the NYSE on or promptly after the effective date of the registration statement. Following
the date the ordinary shares and warrants are eligible to trade separately, we anticipate that the ordinary shares and warrants will
be listed separately and as a unit on the NYSE.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Certain Differences in Corporate Law</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cayman Islands companies are governed by the Companies
Act. The Companies Act is modelled on English Law but does not follow recent English Law statutory enactments, and differs from laws
applicable to U.S. corporations and their shareholders. Set forth below is a summary of the material differences between the provisions
of the Companies Act applicable to us and the laws applicable to companies incorporated in the United States and their shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Mergers and Similar Arrangements</I>. In certain
circumstances, the Companies Act allows for mergers or consolidations between two Cayman Islands companies, or between a Cayman Islands
exempted company and a company incorporated in another jurisdiction (provided that is facilitated by the laws of that other jurisdiction)
so as to form a single surviving company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Where the merger or consolidation is between two
Cayman Islands companies, the directors of each company must approve a written plan of merger or consolidation containing certain prescribed
information. That plan or merger or consolidation must then be authorized by either (a) a special resolution (usually a majority of two-thirds
of the votes of shareholders, who, being entitled to do so, attend and vote at a general meeting) of the shareholders of each company;
or (b) such other authorization, if any, as may be specified in such constituent company&rsquo;s articles of association. No shareholder
resolution is required for a merger between a parent company (i.e., a company that owns at least 90% of the votes at a general meeting
of a subsidiary company) and its subsidiary company. The consent of each holder of a fixed or floating security interest of a constituent
company must be obtained, unless the court waives such requirement. If the Cayman Islands Registrar of Companies is satisfied that the
requirements of the Companies Act (which includes certain other formalities) have been complied with, the Registrar of Companies will
register the plan of merger or consolidation. Where the merger or consolidation involves a foreign company, the procedure is similar,
save that with respect to the foreign company, the directors of the Cayman Islands exempted company are required to make a declaration
to the effect that, having made due enquiry, they are of the opinion that the requirements set out below have been met: (i) that the
merger or consolidation is permitted or not prohibited by the constitutional documents of the foreign company and by the laws of the
jurisdiction in which the foreign company is incorporated, and that those laws and any requirements of those constitutional documents
have been or will be complied with; (ii) that no petition or other similar proceeding has been filed and remains outstanding or order
made or resolution adopted to wind up or liquidate the foreign company in any jurisdictions; (iii) that no receiver, trustee, administrator
or other similar person has been appointed in any jurisdiction and is acting in respect of the foreign company, its affairs or its property
or any part thereof; and (iv) that no scheme, order, compromise or other similar arrangement has been entered into or made in any jurisdiction
whereby the rights of creditors of the foreign company are and continue to be suspended or restricted. Where the surviving company is
the Cayman Islands exempted company, the directors of the Cayman Islands exempted company are further required to make a declaration
to the effect that, having made due enquiry, they are of the opinion that the requirements set out below have been met: (i) that the
foreign company is able to pay its debts as they fall due and that the merger or consolidated is bona fide and not intended to defraud
unsecured creditors of the foreign company; (ii) that in respect of the transfer of any security interest granted by the foreign company
to the surviving or consolidated company (a) consent or approval to the transfer has been obtained, released or waived, (b) the transfer
is permitted by and has been approved in accordance with the constitutional documents of the foreign company, and (c) the laws of the
jurisdiction of the foreign company with respect to the transfer have been or will be complied with; (iii) that the foreign company will,
upon the merger or consolidation becoming effective, cease to be incorporated, registered or exist under the laws of the relevant foreign
jurisdiction; and (iv) that there is no other reason why it would be against the public interest to permit the merger or consolidation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Where the above procedures are adopted, the Companies
Act provides certain limited appraisal rights for dissenting shareholders to be paid a payment of the fair value of his or her shares
upon their dissenting to the merger or consolidation if they follow a prescribed procedure. In essence, that procedure is as follows:
(a) the shareholder must give his written objection to the merger or consolidation to the constituent company before the vote on the
merger or consolidation, including a statement that the shareholder proposes to demand payment for his shares if the merger or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">consolidation is authorized by the vote; (b) within
20 days following the date on which the merger or consolidation is approved by the shareholders, the constituent company must give written
notice to each shareholder who made a written objection; (c) a shareholder must within 20 days following receipt of such notice from
the constituent company, give the constituent company a written notice of his intention to dissent including, among other details, a
demand for payment of the fair value of his shares; (d) within seven days following the date of the expiration of the period set out
in paragraph (b) above or seven days following the date on which the plan of merger or consolidation is filed, whichever is later, the
constituent company, the surviving company or the consolidated company must make a written offer to each dissenting shareholder to purchase
his shares at a price that the company determines is the fair value and if the company and the shareholder agree the price within 30
days following the date on which the offer was made, the company must pay the shareholder such amount; and (e) if the company and the
shareholder fail to agree a price within such 30-day period, within 20 days following the date on which such 30-day period expires, the
company must (and any dissenting shareholder may) file a petition with the Cayman Islands Grand Court to determine the fair value and
such petition must be accompanied by a list of the names and addresses of the dissenting shareholders with whom agreements as to the
fair value of their shares have not been reached by the company. At the hearing of that petition, the court has the power to determine
the fair value of the shares together with a fair rate of interest, if any, to be paid by the company upon the amount determined to be
the fair value. Any dissenting shareholder whose name appears on the list filed by the company may participate fully in all proceedings
until the determination of fair value is reached. These rights of a dissenting shareholder are not available in certain circumstances,
for example, to dissenters holding shares of any class in respect of which an open market exists on a recognized stock exchange or recognized
interdealer quotation system at the relevant date or where the consideration for such shares to be contributed are shares of any company
listed on a national securities exchange or shares of the surviving or consolidated company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Moreover, Cayman Islands law has separate statutory
provisions that facilitate the reconstruction or amalgamation of companies in certain circumstances, schemes of arrangement will generally
be more suited for complex mergers or other transactions involving widely held companies, commonly referred to in the Cayman Islands
as a &ldquo;scheme of arrangement&rdquo; which may be tantamount to a merger. In the event that a merger was sought pursuant to a scheme
of arrangement (the procedures for which are more rigorous and take longer to complete than the procedures typically required to consummate
a merger in the United States), the arrangement in question must be approved by seventy-five percent (75%) in value of the shareholders
or class of shareholders, as the case may be, that are present and voting either in person or by proxy at a meeting, or meeting summoned
for that purpose. The convening of the meetings and subsequently the terms of the arrangement must be sanctioned by the Grand Court of
the Cayman Islands. While a dissenting shareholder would have the right to express to the court the view that the transaction should
not be approved, the court can be expected to approve the arrangement if it satisfies itself that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">we are not proposing to act illegally
    or beyond the scope of our corporate authority and the statutory provisions as to majority vote have been complied with;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the shareholders have been fairly
    represented at the meeting in question;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the arrangement is such as a businessman
    would reasonably approve; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">the arrangement is not one that would
    more properly be sanctioned under some other provision of the Companies Act or that would amount to a &ldquo;fraud on the minority.&rdquo;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If a scheme of arrangement or takeover offer (as
described below) is approved, any dissenting shareholder would have no rights comparable to appraisal rights (providing rights to receive
payment in cash for the judicially determined value of the shares), which would otherwise ordinarily be available to dissenting shareholders
of U.S. corporations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Squeeze-out Provisions</I>. When a takeover offer
is made and accepted by holders of 90% of the shares to whom the offer is made within four months, the offer or may, within a two-month
period, require the holders of the remaining shares to transfer such shares on the terms of the offer. An objection can be made to the
Grand Court of the Cayman Islands, but this is unlikely to succeed unless there is evidence of fraud, bad faith, collusion, or inequitable
treatment of the shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Further, transactions similar to a merger, reconstruction
and/or an amalgamation may in some circumstances be achieved through means other than these statutory provisions, such as a share capital
exchange, asset acquisition or control, or through contractual arrangements of an operating business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Shareholders&rsquo; Suits</I>. In principle, we
will normally be the proper plaintiff to sue for a wrong done to us as a company and as a general rule, a derivative action may not be
brought by a shareholder. However, based on English law authorities, which would in all likelihood be of persuasive authority in the
Cayman Islands, the Cayman Islands courts can be expected to follow and apply the common law principles (namely the rule in Foss v. Harbottle
and the exceptions thereto) so that a non-controlling shareholder may be permitted to commence a class action against or derivative actions
in the name of the company to challenge:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an act which is illegal or ultra vires
    with respect to the company and is therefore incapable of ratification by the shareholders;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an act which, although not ultra vires,
    requires authorization by a qualified (or special) majority (that is, more than a simple majority) which has not been obtained; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an act which constitutes a &ldquo;fraud
    on the minority&rdquo; where the wrongdoers are themselves in control of the company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A shareholder may have a direct right of action against
us where the individual rights of that shareholder have been infringed or are about to be infringed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Enforcement of Civil Liabilities</I>. The Cayman
Islands has a different body of securities laws as compared to the United States and provides less protection to investors. Additionally,
Cayman Islands companies may not have standing to sue before the Federal courts of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have been advised by Maples and Calder (Cayman)
LLP, our Cayman Islands legal counsel, that there is uncertainty as to whether the courts of the Cayman Islands would (i) recognize or
enforce against us judgments of courts of the United States predicated upon the civil liability provisions of the federal securities
laws of the United States or any state, and (ii) entertain original actions brought in each respective jurisdictions against us or our
directors and officers predicated upon the securities laws of the United States or any state in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">There is no statutory enforcement in the Cayman Islands
of judgments obtained in the United States, the courts of the Cayman Islands will in certain circumstances recognize such foreign money
judgment and treat it as a cause of action in itself which may be sued upon as a debt at common law so that no retrial of the issues
would be necessary provided that (i) the court issuing the judgment is of competent jurisdiction; (ii) the judgment is final and conclusive
and for a liquidated sum, (iii) the judgment given was not in respect of taxes or a fine or penalty or similar fiscal or revenue obligation
of the company; (iv) in obtaining the judgment there was no fraud on part of the person in whose favor judgment was given or on part
of the court; (v) recognition or enforcement of the judgment would not be contrary to public policy in the Cayman Islands; and (vi) the
proceeding pursuant to which judgment was obtained were not contrary to natural justice. A Cayman Islands Court may stay enforcement
proceedings if concurrent proceedings are being brought elsewhere.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Special Considerations for Exempted Companies</I>.
We are an exempted company with limited liability under the Companies Act. The Companies Act distinguishes between ordinary resident
companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman
Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an
ordinary company except for the exemptions and privileges listed below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">annual reporting requirements are
    minimal and consist mainly of a statement that the company has conducted its operations mainly outside of the Cayman Islands and
    has complied with the provisions of the Companies Act;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company&rsquo;s register
    of members is not open to inspection;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company does not have
    to hold an annual general meeting;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company may not issue
    with no par value;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company may obtain an
    undertaking against the imposition of any future taxation (such undertakings are usually given for 20 years in the first instance);</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.25in">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company may register by
    way of continuation in another jurisdiction and be deregistered in the Cayman Islands;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company may register as
    a limited duration company; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">an exempted company may register as
    a segregated portfolio company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;Limited liability&rdquo; means that the liability
of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances,
such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which
a court may be prepared to pierce or lift the corporate veil).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Our Amended and Restated Memorandum and Articles
of Association</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our amended and restated memorandum and articles
of association will contain certain requirements and restrictions relating to this offering that will apply to us until the completion
of our initial business combination. These provisions cannot be amended without a special resolution. As a matter of Cayman Islands law,
a resolution is deemed to be a special resolution where it has been approved by either (i) at least two-thirds (or any higher threshold
specified in a company&rsquo;s articles of association) of a company&rsquo;s shareholders who, being entitled to do so, attend and vote
at a general meeting for which notice specifying the intention to propose the resolution as a special resolution has been given; or (ii)
if so authorized by a company&rsquo;s articles of association, by a unanimous written resolution of all of our shareholders. Other than
in certain exception as described below, our amended and restated memorandum and articles of association will provide that special resolutions
must be approved either by at least two-thirds of our shareholders who, being entitled to do so, attend and vote at a general meeting
for which notice specifying the intention to propose the resolution as a special resolution has been given (i.e., the lowest threshold
permissible under Cayman Islands law), or by a unanimous written resolution of all of our shareholders. Our initial shareholders, who
will collectively beneficially own approximately 20% of our ordinary shares upon the closing of this offering (excluding the private
shares and the representative founder shares and assuming our initial shareholders do not purchase public units in this offering), will
participate in any vote to amend our amended and restated memorandum and articles of association and will have the discretion to vote
in any manner they choose. Specifically, our amended and restated memorandum and articles of association will provide, among other things,
that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">If we are unable to complete our initial
    business combination within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have
    executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months
    from the closing of this offering), we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably
    possible but not more than ten business days thereafter subject to lawfully available funds therefor, redeem 100% of the public shares,
    at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest earned
    on the funds held in the trust account (which interest shall be net of taxes payable and less up to $100,000 of interest to pay dissolution
    expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders&rsquo;
    rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and
    (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our
    board of directors, liquidate and dissolve;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Prior to our initial business combination,
    we may not issue additional shares that would entitle the holders thereof to: (i) receive funds from the trust account; or (ii) vote
    on any initial business combination;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Although we do not intend to enter
    into a business combination with a target business that is affiliated with our initial shareholders, our directors or our officers,
    we are not prohibited from doing so. In the event we enter into such a transaction, we, or a committee of independent directors,
    will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation
    opinions that such a business combination is fair to our company from a financial point of view;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">If a shareholder vote on our initial
    business combination is not required by law and we do not decide to hold a shareholder vote for business or other legal reasons,
    we will offer to redeem our public shares pursuant to Rule&nbsp;13e-4 and Regulation 14E under the Exchange Act, and will file tender
    offer documents with the SEC prior to completing our initial business combination which contain substantially the same financial
    and other information about our initial business combination and the redemption rights as is required under Regulation 14A under
    the Exchange Act;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.25in">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">So long as we obtain and maintain
    listing for our securities on the NYSE, our initial business combination must occur with one or more target businesses that together
    have an aggregate fair market value of at least 80% of our assets held in the trust account (net of amounts previously disbursed
    to management for tax obligations and working capital purposes and excluding the amount of deferred underwriting discounts held in
    trust) at the time of the agreement to enter into the initial business combination; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&#9679;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">We will provide our public shareholders
    with the opportunity to redeem all or a portion of their ordinary shares in connection with any amendment to our amended and restated
    memorandum and articles of association to extend the time we have to consummate an initial business combination at a per-share price,
    payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held
    in the trust account and not previously released to us to pay our taxes, divided by the number of then outstanding public shares.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Companies Act permits a company incorporated
in the Cayman Islands to amend its memorandum and articles of association with the approval of a special resolution which requires the
approval of the holders of at least two-thirds of such company&rsquo;s outstanding ordinary shares who, being entitled to do so, attend
and vote at a general meeting or by way of unanimous written resolution. A company&rsquo;s articles of association may specify that the
approval of a higher majority is required but, provided the approval of the required majority is obtained, any Cayman Islands exempted
company may amend its memorandum and articles of association regardless of whether its memorandum and articles of association provides
otherwise. Accordingly, although we could amend any of the provisions relating to our proposed offering, structure and business plan
which are contained in our amended and restated memorandum and articles of association, we view all of these provisions as binding obligations
to our shareholders and neither we, nor our officers or directors, will take any action to amend or waive any of these provisions unless
we provide dissenting public shareholders with the opportunity to redeem their public shares.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Exclusive Jurisdiction</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our amended and restated memorandum and articles
of association provide that unless we consent in writing to the selection of an alternative forum, the courts of the Cayman Islands shall
have exclusive jurisdiction over any claim or dispute arising out of or in connection with our amended and restated memorandum and articles
of association or otherwise related in any way to each shareholder&rsquo;s shareholding in us, including but not limited to (i)&nbsp;any
derivative action or proceeding brought on our behalf, (ii)&nbsp;any action asserting a claim of breach of any fiduciary or other duty
owed by any of our current or former director, officer or other employee to us or our shareholders, (iii)&nbsp;any action asserting a
claim arising pursuant to any provision of the Companies Act or our amended and restated memorandum and articles of association, or (iv)&nbsp;any
action asserting a claim against us governed by the internal affairs doctrine (as such concept is recognized under the laws of the United&nbsp;States
of America) and that each shareholder irrevocably submits to the exclusive jurisdiction of the courts of the Cayman Islands over all
such claims or disputes. The forum selection provision in our amended and restated memorandum and articles of association will not apply
to actions or suits brought to enforce any liability or duty created by the Securities Act, Exchange Act or any claim for which the federal
district courts of the United&nbsp;States of America are, as a matter of the laws of the United&nbsp;States of America, the sole and
exclusive forum for determination of such a claim.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our amended and restated memorandum and articles
of association also provide that, without prejudice to any other rights or remedies that we may have, each of our shareholders acknowledges
that damages alone would not be an adequate remedy for any breach of the selection of the courts of the Cayman Islands as exclusive forum
and that accordingly we shall be entitled, without proof of special damages, to the remedies of injunction, specific performance or other
equitable relief for any threatened or actual breach of the selection of the courts of the Cayman&nbsp;Islands as exclusive forum.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This choice of forum provision may increase a
shareholder&rsquo;s cost and limit the shareholder&rsquo;s ability to bring a claim in a judicial forum that it finds favorable for disputes
with us or our directors, officers or other employees, which may discourage lawsuits against us and our directors, officers and other
employees. Any person or entity purchasing or otherwise acquiring any of our shares or other securities, whether by transfer, sale, operation
of law or otherwise, shall be deemed to have notice of and have irrevocably agreed and consented to these provisions. There is uncertainty
as to whether a court would enforce such provisions, and the enforceability of similar choice of forum provisions in other companies&rsquo;
memorandum and articles of association or other charter documents has been challenged in legal</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">proceedings. It is possible that a court could
find this type of provisions to be inapplicable or unenforceable, and if a court were to find this provision in our amended and restated
memorandum and articles of association to be inapplicable or unenforceable in an action, we may incur additional costs associated with
resolving the dispute in other jurisdictions, which could have adverse effect on our business and financial performance.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Anti-Money Laundering and Countering of Terrorist
and Proliferation Financing &mdash; Cayman Islands</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If any person in the Cayman Islands knows or suspects
or has reasonable grounds for knowing or suspecting that another person is engaged in criminal conduct or money laundering or is involved
with terrorism or terrorist financing and property and the information for that knowledge or suspicion came to their attention in the
course of business in the regulated sector, or other trade, profession, business or employment, the person will be required to report
such knowledge or suspicion to (i) the Financial Reporting Authority of the Cayman Islands (&ldquo;FRA&rdquo;), pursuant to the Proceeds
of Crime Act (As Revised) of the Cayman Islands if the disclosure relates to criminal conduct or money laundering, or (ii) a police officer
of the rank of constable or higher, or the FRA, pursuant to the Terrorism Act (As Revised) of the Cayman Islands, if the disclosure relates
to involvement with terrorism or terrorist financing and property. Such a report shall not be treated as a breach of confidence or of
any restriction upon the disclosure of information imposed by any enactment or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Cayman Islands Data Protection</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have certain duties under the Data Protection
Act (As Revised) of the Cayman Islands, as amended from time to time and any regulations, codes of practice or orders promulgated pursuant
thereto (the &ldquo;DPA&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Privacy Notice</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Introduction</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are committed to processing personal data in accordance
with the DPA. In our use of personal data, we will be characterized under the DPA as a &#x2018;data controller&rsquo;, while certain
of our service providers, affiliates and delegates may act as &#x2018;data processors&rsquo; under the DPA. These service providers may
process personal information for their own lawful purposes in connection with services provided to us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This privacy notice puts our shareholders on notice
that, by virtue of making an investment in our company, we and certain of our service providers may collect, record, store, transfer
and otherwise process personal data by which individuals may be directly or indirectly identified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Investor Data</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Your personal data will be processed fairly and for
lawful purposes, including (a) where the processing is necessary for the company to perform a contract to which you are a party or for
taking pre-contractual steps at your request (b) where the processing is necessary for compliance with any legal, tax or regulatory obligation
to which the company is subject or (c) where the processing is for the purposes of legitimate interests pursued by the company or by
a service provider to whom the data are disclosed. As a data controller, we will only use your personal data for the purposes for which
we collected it. If we need to use your personal data for an unrelated purpose, we will contact you.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We anticipate that we will share your personal data
with the company&rsquo;s service providers for the purposes set out in this privacy notice. We may also share relevant personal data
where it is lawful to do so and necessary to comply with our contractual obligations or your instructions or where it is necessary or
desirable to do so in connection with any regulatory reporting obligations. In exceptional circumstances, we will share your personal
data with regulatory, prosecuting and other governmental agencies or departments, and parties to litigation (whether pending or threatened),
in any country or territory including to any other person where we have a public or legal duty to do so (e.g. to assist with detecting
and preventing fraud, tax evasion and financial crime or compliance with a court order).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Your personal data shall not be held by the company
for longer than necessary with regard to the purposes of the data processing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will not sell your personal data. Any transfer
of personal data outside of the Cayman Islands shall be in accordance with the requirements of the DPA. Where necessary, we will ensure
that separate and appropriate legal agreements are put in place with the recipient of that data.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We will only transfer personal data in accordance
with the requirements of the DPA, and will apply appropriate technical and organizational information security measures designed to protect
against unauthorized or unlawful processing of the personal data and against the accidental loss, destruction or damage to the personal
data.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you are a natural person, this will affect you
directly. If you are a corporate investor (including, for these purposes, legal arrangements such as trusts or exempted limited partnerships)
that provides us with personal data on individuals connected to you for any reason in relation to your investment into our company, this
will be relevant for those individuals and you should inform such individuals of the content.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">You have certain rights under the DPA, including
(a) the right to be informed as to how we collect and use your personal data (and this privacy notice fulfils our obligation in this
respect) (b) the right to obtain a copy of your personal data (c) the right to require us to stop direct marketing (d) the right to have
inaccurate or incomplete personal data corrected (e) the right to withdraw your consent and require us to stop processing or restrict
the processing, or not begin the processing of your personal data (f) the right to be notified of a data breach (unless the breach is
unlikely to be prejudicial) (g) the right to obtain information as to any countries or territories outside the Cayman Islands to which</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">we, whether directly or indirectly, transfer, intend
to transfer or wish to transfer your personal data, general measures we take to ensure the security of personal data and any information
available to us as to the source of your personal data (h) the right to complain to the Office of the Ombudsman of the Cayman Islands
and (i) the right to require us to delete your personal data in some limited circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you consider that your personal data has not been
handled correctly, or you are not satisfied with our responses to any requests you have made regarding the use of your personal data,
you have the right to complain to the Cayman Islands&rsquo; Ombudsman. The Ombudsman can be contacted by calling +1 (345) 946-6283 or
by email at info@ombudsman.ky.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Certain Anti-Takeover Provisions of our Amended
and Restated Memorandum and Articles of Association</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our amended and restated memorandum and articles
of association will provide that our board of directors will be classified into three classes of directors. As a result, in most circumstances,
a person can gain control of our board only by successfully engaging in a proxy contest at two or more annual meetings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our authorized but unissued ordinary shares and preference
shares are available for future issuances without shareholder approval and could be utilized for a variety of corporate purposes, including
future offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized but unissued and unreserved
ordinary shares and preference shares could render more difficult or discourage an attempt to obtain control of us by means of a proxy
contest, tender offer, merger or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Limitation on Liability and Indemnification of
Directors and Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cayman Islands law does not limit the extent to which
a company&rsquo;s memorandum and articles of association may provide for indemnification of officers and directors, except to the extent
any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against
willful default, willful neglect, civil fraud or the consequences of committing a crime. Our amended and restated memorandum and articles
of association provides for indemnification of our officers and directors to the maximum extent permitted by law, including for any liability
incurred in their capacities as such, except through their own actual fraud, willful default or willful neglect. We entered into agreements
with our directors and officers to provide contractual indemnification in addition to the indemnification provided for in our amended
and restated memorandum and articles of association. We expect to purchase a policy of directors&rsquo; and officers&rsquo; liability
insurance that insures our officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances
and insures us against our obligations to indemnify our officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our officers and directors have agreed to waive any
right, title, interest or claim of any kind in or to any monies in the trust account, and have agreed to waive any right, title, interest
or claim of any kind they may have in the future as a result of, or arising out of, any services provided to us and will not seek recourse
against the trust account for any reason whatsoever (except to the extent they are entitled to funds from the trust account due to their
ownership of public shares). Accordingly, any indemnification provided will only be able to be satisfied by us if (i) we have sufficient
funds outside of the trust account or (ii) we consummate an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We believe that these provisions, the insurance,
and the indemnity agreements are necessary to attract and retain talented and experienced officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have
been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is
therefore unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 104; Value: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_015"></A>SHARES ELIGIBLE FOR FUTURE
SALE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Immediately after this offering, we will have 22,485,313
ordinary shares outstanding, or 25,799,375 shares if the over-allotment option is exercised in full. Of these shares, the 17,500,000
shares sold in this offering, or 20,125,000 shares if the over-allotment option is exercised in full, will be freely tradable without
restriction or further registration under the Securities Act, except for any shares purchased by one of our affiliates within the meaning
of Rule&nbsp;144 under the Securities Act. All of the remaining shares are restricted securities under Rule&nbsp;144, in that they were
issued in private transactions not involving a public offering. All of those shares will not be transferable except in limited circumstances
described elsewhere in this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Rule&nbsp;144</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A person who has beneficially owned restricted ordinary
shares or warrants for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to
have been one of our affiliates at the time of, or at any time during the three months preceding, a sale and (ii) we are subject to the
Exchange Act periodic reporting requirements for at least three months before the sale. Persons who have beneficially owned restricted
ordinary shares for at least six months but who are our affiliates at the time of, or any time during the three months preceding, a sale
would be subject to additional restrictions, by which such person would be entitled to sell within any three-month period a number of
shares that does not exceed the greater of either of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">1% of the number of ordinary shares then outstanding, which will equal 224,853 shares immediately
    after this offering (or 257,994 if the over-allotment option is exercised in full); and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the average weekly trading volume of the ordinary shares during the four calendar weeks preceding
    the filing of a notice on Form 144 with respect to the sale.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Sales under Rule&nbsp;144 are also limited by manner
of sale provisions and notice requirements and to the availability of current public information about us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Restrictions on the Use of Rule&nbsp;144 by Shell
Companies or Former Shell Companies</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Historically, the SEC staff had taken the position
that Rule&nbsp;144 is not available for the resale of securities initially issued by companies that are, or previously were, blank check
companies, like us. The SEC has codified and expanded this position in the amendments discussed above by prohibiting the use of Rule&nbsp;144
for resale of securities issued by any shell companies (other than business combination related shell companies) or any issuer that has
been at any time previously a shell company. The SEC has provided an important exception to this prohibition, however, if the following
conditions are met:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the issuer of the securities that was formerly a shell company has ceased to be a shell company;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the issuer of the securities is subject to the reporting requirements of Section&nbsp;13 or 15(d)
    of the Exchange Act;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the issuer of the securities has filed all Exchange Act reports and material required to be filed,
    as applicable, during the preceding 12 months (or such shorter period that the issuer was required to file such reports and materials),
    other than Form 8-K reports; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">at least one year has elapsed from the time that the issuer filed current Form 10 type information
    with the SEC reflecting its status as an entity that is not a shell company.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As a result, it is likely that pursuant to Rule&nbsp;144,
our initial shareholders will be able to sell their founders&rsquo; shares freely without registration one year after we have completed
our initial business combination assuming none of them are affiliates of ours at that time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Registration Rights</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The holders of the founders&rsquo; shares and representative
founder shares issued and outstanding on the date of this prospectus, as well as the holders of the private units and any units our initial
shareholders, officers, directors or their affiliates may be issued in payment of working capital loans made to us (and all underlying
securities), will be entitled to registration rights pursuant to an agreement to be signed prior to or on the effective date of this
offering. The holders</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">of a majority of these securities are entitled
to make up to two demands that we register such securities. The holders of the majority of the founders&rsquo; shares can elect to exercise
these registration rights at any time commencing three months prior to the date on which the transfer restrictions applicable to these
ordinary shares cease. The holders of a majority of the representative founder shares, private units and units issued to our initial
shareholders, officers, directors or their affiliates in payment of working capital loans made to us (or underlying securities) can elect
to exercise these registration rights at any time after we consummate a business combination. Notwithstanding anything to the contrary,
the underwriters may only make a demand on one occasion and only during the five-year period beginning on the effective date of the registration
statement of which this prospectus forms a part. In addition, the holders have certain &ldquo;piggy-back&rdquo; registration rights with
respect to registration statements filed subsequent to our consummation of a business combination; provided, however, that the underwriters
may participate in a &ldquo;piggy-back&rdquo; registration only during the seven-year period beginning on the effective date of the registration
statement of which this prospectus forms a part. We will bear the expenses incurred in connection with the filing of any such registration
statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_016"></A>TAXATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following summary of certain Cayman Islands and
U.S. federal income tax considerations generally applicable to an investment in our units, each consisting of one ordinary share and
one-half of one warrant, which we refer to collectively as our securities, is based upon laws and relevant interpretations thereof in
effect as of the date of this prospectus, all of which are subject to change. This summary does not deal with all possible tax considerations
relevant to an investment in our ordinary shares and rights, such as the tax consequences under state, local and other tax laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prospective investors should consult their advisors
on the possible tax consequences of investing in our securities under the laws of their country of citizenship, residence, or domicile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Cayman Islands Tax Considerations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a discussion on certain Cayman Islands
income tax consequences of an investment in the securities of the Company. The discussion is a general summary of present law, which
is subject to prospective and retroactive change. It is not intended as tax advice, does not consider any investor&rsquo;s particular
circumstances, and does not consider tax consequences other than those arising under Cayman Islands law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Payments of dividends and capital in respect of our
securities will not be subject to taxation in the Cayman Islands and no withholding will be required on the payment of a dividend or
capital to any holder of the securities nor will gains derived from the disposal of the securities be subject to Cayman Islands income
or corporate tax. The Cayman Islands currently has no income, corporate or capital gains tax and no estate duty, inheritance tax or gift
tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No stamp duty is payable in respect of the issue
of our ordinary shares or on an instrument of transfer in respect of such shares. However, an instrument of transfer in respect of our
shares, is stampable if executed in or brought into the Cayman Islands.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; text-align: justify">We have been incorporated under
the laws of the Cayman Islands as an exempted company with limited liability and, as such, have applied for and received an undertaking
from the Financial Secretary of the Cayman Islands in the following form:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><B>The Tax Concessions Act</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><B>(As Revised)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><B>Undertaking as to Tax Concessions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0; text-align: justify">In accordance with the provision
of Section 6 of The Tax Concessions Act (As Revised), the Financial Secretary undertakes with Legato Merger Corp. III (the &ldquo;Company&rdquo;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0; text-align: justify">1. That no law which is hereafter
enacted in the Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply to the Company or its operations;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0; text-align: justify">2. In addition, that no tax to
be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in; text-align: justify">2.1 On or in respect of the shares,
debentures or other obligations of the Company; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 1in; text-align: justify">2.2 by way of the withholding in
whole or part, of any relevant payment as defined in Section 6(3) of the Tax Concessions Act (As Revised).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; text-align: justify; margin: 0">These concessions shall be for
a period of 30 years from the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>United States Federal Income Tax Considerations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a discussion of certain material
U.S. federal income tax considerations with respect to your ownership and disposition of our units, ordinary shares and warrants, which
we refer to collectively as our securities, assuming you purchase the securities in this offering and will hold them as capital assets
within the meaning of the Internal Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This discussion does not address all of the U.S.
federal income tax considerations that may be relevant to you in light of your particular circumstances, and it does not describe all
of the tax consequences that may be relevant to persons subject to special rules, such as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">certain financial institutions;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">insurance companies;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">dealers and traders in securities or foreign currencies;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">persons holding our securities as part of a hedge, straddle, conversion transaction or other integrated
    transaction;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">former citizens or residents of the United States;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">U.S. persons whose functional currency for U.S. federal income tax purposes is not the U.S. dollar;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">partnerships or other entities classified as partnerships for U.S. federal income tax purposes;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">persons liable for the alternative minimum tax; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">tax-exempt organizations.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following does not discuss any aspect of state,
local or non-U.S. taxation. This discussion is based on current provisions of the Code, Treasury regulations, judicial opinions, published
positions of the U.S. Internal Revenue Service (&ldquo;IRS&rdquo;) and all other applicable authorities, all of which are subject to
change, possibly with retroactive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If an entity that is treated as a partnership for
U.S. federal income tax purposes holds our securities, the tax treatment of a partner will generally depend on the status of the partner
and the activities of the entity. If you are a partner in such an entity, you should consult your tax advisor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>WE URGE PROSPECTIVE INVESTORS TO CONSULT THEIR
TAX ADVISORS REGARDING THE U.S. FEDERAL, STATE, LOCAL AND NON-U.S. INCOME, ESTATE AND OTHER TAX CONSIDERATIONS WITH RESPECT TO ACQUIRING,
HOLDING AND DISPOSING OF OUR SECURITIES.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Allocation of Purchase Price and Characterization
of a Unit</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No statutory, administrative or judicial authority
directly addresses the treatment of a unit or instruments similar to a unit for U.S. federal income tax purposes and, therefore, that
treatment is not entirely clear. The acquisition of a unit should be treated for U.S. federal income tax purposes as the acquisition
of one ordinary share and one-half of one warrant to acquire one ordinary share. For U.S. federal income tax purposes, each holder of
a unit must allocate the purchase price paid by such holder for such unit between the one ordinary share and the one-half of one warrant
based on the relative fair market value of each at the time of issuance. Under U.S. federal income tax law, each investor must make their
own determination of such value based on all the relevant facts and circumstances. Therefore, we strongly urge each investor to consult
their own tax adviser regarding the determination of value for these purposes. The price allocated to each ordinary share and the one-half
of one warrant should be the shareholder&rsquo;s tax basis in such share or one-half of one warrant, as the case may be. Any disposition
of a unit should be treated for U.S. federal income tax purposes as a disposition of the ordinary share and one-half of one warrant comprising
the unit, and the amount realized on the disposition should be allocated between the ordinary share and the one-half of one warrant based
on their respective relative fair market values (as determined by each such unit holder on all the relevant facts and circumstances)
at the time of disposition. The separation of ordinary shares and warrants comprising units should not be a taxable event for U.S. federal
income tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The foregoing treatment of the ordinary shares and
warrants and a holder&rsquo;s purchase price allocation are not binding on the IRS or the courts. Because there are no authorities that
directly address instruments that are similar to the units, no assurance can be given that the IRS or the courts will agree with the
characterization described above or the discussion below. Accordingly, each prospective investor is urged to consult their own tax advisors
regarding the tax consequences of an investment in a unit (including alternative characterizations of a unit). The balance of this discussion
assumes that the characterization of the units described above is respected for U.S. federal income tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>U.S. Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This section is addressed to U.S. holders of our
securities. For purposes of this discussion, you are a &ldquo;U.S. holder&rdquo; if you are a beneficial owner of a security that is:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">an individual citizen or resident of the United States for U.S. federal income tax purposes;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">a corporation, or other entity taxable as a corporation, created or organized in, or under the laws
    of, the United States or any state thereof or the District of Columbia; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">an estate or trust the income of which is subject to U.S. federal income taxation regardless of its
    source.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Dividends and Distributions</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As discussed under &ldquo;Dividend Policy&rdquo;
above, we do not anticipate that any dividends will be paid in the foreseeable future. <FONT STYLE="background-color: white">Subject
to the PFIC rules discussed below, any portion of a distribution that is treated as a dividend paid by us will be taxable to a corporate
U.S. holder at regular rates and will not be eligible for the dividends-received deduction generally allowed to domestic corporations
in respect of dividends received from other domestic corporations. If we are not classified as a PFIC during the taxable year in which
the dividend is paid or a preceding taxable year, any portion of a distribution that is treated as a dividend paid to a&nbsp;non-corporate&nbsp;U.S.
holder generally will constitute a &ldquo;qualified dividend&rdquo; that will be subject to U.S. federal income tax at the lower applicable
long-term capital gains rate only if our ordinary shares are readily tradable on an established securities market in the United States
and certain holding period and other requirements are met. It is unclear whether the redemption rights with respect to the ordinary shares
described in this prospectus may be deemed to be a limitation of a shareholder&rsquo;s risk of loss and suspend the</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="background-color: white">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="background-color: white">running of
the applicable holding period of such shares for this purpose during the period in which the U.S. holder has redemption rights with respect
to the ordinary shares (i.e., the period prior to the consummation of our initial business combination). If the applicable holding period
requirements are not satisfied, a&nbsp;non-corporate&nbsp;U.S. holder may be subject to tax on the dividend at regular ordinary income
tax rates instead of the preferential income tax rate that applies to qualified dividend income. U.S. holders should consult with and
rely solely upon their tax advisors regarding the availability of the lower preferential income tax rate for qualified dividend income
for any dividends paid with respect to our ordinary shares. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to the PFIC rules discussed below, if we
do make distributions on our ordinary shares, such distributions generally will be treated as dividends for U.S. federal income tax purposes
to the extent of our current or accumulated earnings and profits (as determined under U.S. federal income tax principles). Distributions
in excess of our current or accumulated earnings and profits generally will first reduce your basis in the ordinary shares (but not below
zero) and then will be treated as gain realized on the sale or other disposition of the ordinary shares (as described in the first paragraph
under &ldquo;&mdash; Sale or Other Disposition or Conversion of Ordinary Shares&rdquo; below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The conversion feature of the ordinary shares described
under &ldquo;Proposed Business &mdash; Effecting a Business Combination &mdash; Conversion Rights&rdquo; may be viewed as a position
with respect to substantially similar or related property which diminishes your risk of loss and thereby affects your ability to satisfy
the holding period requirements for the dividends received deduction or the preferential tax rate on qualified dividend income with respect
to the time period prior to the approval of an initial business combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Sale or Other Disposition or Conversion
of Ordinary Shares</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to the PFIC rules discussed below, gain or
loss you realize on the sale or other disposition of our ordinary shares (other than conversion into cash but including a liquidation
in the event we do not consummate a business combination within the required time) will be capital gain or loss. The amount of your gain
or loss will be equal to the difference between your tax basis in the ordinary shares disposed of and the amount realized on the disposition.
Long-term capital gains recognized by non-corporate U.S. holders may be eligible to be taxed at preferential rates. Any capital gain
or loss you realize on a sale or other disposition of our ordinary shares will generally be long-term capital gain or loss if your holding
period for the ordinary shares is more than one year. However, the conversion feature of the ordinary shares described under &ldquo;Proposed
Business &mdash; Effecting a Business Combination &mdash; Conversion Rights&rdquo; could affect your ability to satisfy the holding period
requirements for the long-term capital gain tax rate with respect to the time period prior to the approval of an initial business combination.
If the one-year holding period is</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">not satisfied, any gain on a sale or other taxable
disposition of the ordinary shares or warrants, as applicable, would be subject to short-term capital gain treatment and would be taxed
at regular ordinary income tax rates. The deductibility of capital losses is subject to limitations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you convert your ordinary shares into a right
to receive cash as described in &ldquo;Proposed Business &mdash; Effecting a Business Combination &mdash; Conversion Rights,&rdquo; the
conversion generally will be treated as a sale of ordinary shares described in the preceding paragraph (rather than as a dividend or
distribution). The conversion will, however, be treated as a dividend or distribution and taxed as described in &ldquo;&mdash; Dividends
and Distributions&rdquo; above if your percentage ownership in us (including shares that you are deemed to own under certain attribution
rules, such as the shares into which the warrants are exercisable) after the conversion is not meaningfully reduced from what your percentage
ownership was prior to the conversion. If you have a relatively minimal shareholding and, taking into account the effect of conversion
by other shareholders, your percentage ownership in us is reduced as a result of the conversion, you may be regarded as having suffered
a meaningful reduction in interest. For example, the IRS has indicated in a published ruling that even a small reduction of a minority
shareholder&rsquo;s proportionate interest in a publicly-held corporation may constitute such a &ldquo;meaningful reduction&rdquo; in
a transaction in which a holder held less than 1% of the shares of a corporation and did not have management control over the corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">You should consult your own tax advisor as to whether
conversion of your ordinary shares will be treated as a sale or as a dividend under the Code and, if you actually or constructively own
5% (or, if our shares are not then publicly traded, 1%) or more of our ordinary shares before conversion, whether you are subject to
special reporting requirements with respect to such conversion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Sale or Other Disposition, Exercise
or Expiration of Warrants</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to the PFIC rules discussed below, upon the
sale or other disposition of a warrant (other than by exercise), you will generally recognize capital gain or loss equal to the difference
between the amount realized on the sale or other disposition and your tax basis in the warrant. This capital gain or loss will be long-term
capital gain or loss if, at the time of the sale or other disposition, the warrant has been held by you for more than one year. The deductibility
of capital losses is subject to limitations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subject to the PFIC rules discussed below, in general,
you will not be required to recognize income, gain or loss upon exercise of a warrant for its exercise price. Your basis in an ordinary
share received upon exercise will be equal to the sum of (1) your basis in the warrant and (2) the exercise price of the warrant. Your
holding period in the shares received upon exercise will commence on the day after you exercise the warrants (or possibly the date of
exercise). Although there is no direct legal authority as to the U.S. federal income tax treatment of an exercise of a warrant on a cashless
basis, we intend to take the position that such exercise will not be taxable, either because the exercise is not a gain realization event
or because it qualifies as a tax-free recapitalization. In the former case, the holding period of the ordinary shares should commence
on the day after the warrant is exercised (or possibly the date of exercise). In the latter case, the holding period of the ordinary
shares would include the holding period of the exercised warrants. However, our position is not binding on the IRS and the IRS may treat
a cashless exercise of a warrant as a taxable exchange. You are urged to consult your own tax advisor as to the consequences of an exercise
of a warrant on a cashless basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If a warrant expires without being exercised, you
will recognize a capital loss in an amount equal to your basis in the warrant. Such loss will be long-term capital loss if, at the time
of the expiration, the warrant has been held by you for more than one year. The deductibility of capital losses is subject to limitations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Constructive Dividends on Warrants</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As discussed under &ldquo;Dividend Policy&rdquo;
above, we do not anticipate that any dividends will be paid in the foreseeable future. If at any time during the period you hold warrants,
however, we were to pay a taxable dividend to our shareholders and, in accordance with the anti-dilution provisions of the warrants,
the conversion rate of the warrants were increased, that increase would be deemed to be the payment of a taxable dividend to you to the
extent of our earnings and profits, notwithstanding the fact that you will not receive a cash payment. If the conversion rate is adjusted
in certain other circumstances (or in certain circumstances, there is a failure to make adjustments), such adjustments may also result
in the deemed payment of a taxable dividend to you. You should consult your tax advisor regarding the proper treatment of any adjustments
to the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="margin-left: 0.25in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><B><I>Passive
Foreign Investment Company Rules</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">A foreign (i.e., non-U.S.)
corporation will be classified as a PFIC for U.S. federal income tax purposes if either (i) at least 75% of its gross income in a taxable
year, including its pro rata share of the gross income of any corporation in which it is considered to own at least 25% of the shares
by value, is passive income or (ii) at least 50% of its assets in a taxable year (ordinarily determined based on fair market value and
averaged quarterly over the year), including its pro rata share of the assets of any corporation in which it is considered to own at
least 25% of the shares by value, are held for the production of, or produce, passive income. Passive income generally includes dividends,
interest, rents and royalties (other than rents or royalties derived from the active conduct of a trade or business) and gains from the
disposition of passive assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">Because we are a blank
check company with no current active business, we believe that it is likely that we will meet the PFIC asset or income test for our current
taxable year. However, pursuant to a start-up exception, a corporation will not be a PFIC for the first taxable year the corporation
has gross income (the &ldquo;start-up year&rdquo;), if (i) no predecessor of the corporation was a PFIC; (ii) the corporation satisfies
the IRS that it will not be a PFIC for either of the two taxable years following the start-up year; and (iii) the corporation is not
in fact a PFIC for either of those years. The applicability of the start-up exception to us is uncertain and will not be known until
after the close of our current taxable year (or possibly not until after the close of the first two taxable years following our start-up
year, as described under the start-up exception). After the acquisition of a company or assets in a business combination, we may still
meet one of the PFIC tests depending on the timing of the acquisition and the amount of our passive income and assets as well as the
passive income and assets of the acquired business. If the company that we acquire in a business</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">combination is a PFIC,
then we will likely not qualify for the start-up exception and will be a PFIC for our current taxable year. Our actual PFIC status for
our current taxable year or any subsequent taxable year, however, will not be determinable until after the end of such taxable year.
Accordingly, there can be no assurance with respect to our status as a PFIC for our current taxable year or any future taxable year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">Although our PFIC status
is determined annually, an initial determination that our company is a PFIC will generally apply for subsequent years to a U.S. holder
who held ordinary shares or warrants while we were a PFIC, whether or not we meet the test for PFIC status in those subsequent years.
If we are determined to be a PFIC for any taxable year (or portion thereof) that is included in the holding period of a U.S. holder of
our ordinary shares or warrants and, in the case of our ordinary shares, the U.S. holder did not make either a qualified electing fund
(&ldquo;QEF&rdquo;) election or a mark-to-market election for our first taxable year as a PFIC in which the U.S. holder held (or was
deemed to hold) ordinary shares, as described below, such U.S. holder generally will be subject to special rules with respect to (i)
any gain recognized by the U.S. holder on the sale or other disposition of its ordinary shares or warrants and (ii) any &ldquo;excess
distribution&rdquo; made to the U.S. holder (generally, any distributions to such U.S. holder during a taxable year of the U.S. holder
that are greater than 125% of the average annual distributions received by such U.S. holder in respect of the ordinary shares during
the three preceding taxable years of such U.S. holder or, if shorter, such U.S. holder&rsquo;s holding period for the ordinary shares).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">Under these rules:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the U.S. holder&rsquo;s gain or excess distribution will be allocated ratably over the U.S. holder&rsquo;s
    holding period for the ordinary shares or warrants;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the amount allocated to the U.S. holder&rsquo;s taxable year in which the U.S. holder recognized
    the gain or received the excess distribution, or to the period in the U.S. holder&rsquo;s holding period before the first day of
    our first taxable year in which we are a PFIC, will be taxed as ordinary income;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the amount allocated to other taxable years (or portions thereof) of the U.S. holder and included
    in its holding period will be taxed at the highest tax rate in effect for that year and applicable to the U.S. holder; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">an additional tax equal to the interest charge generally applicable to underpayments of tax will
    be imposed on the U.S. holder with respect to the tax attributable to each such other taxable year of the U.S. holder.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">In general, if we are determined
to be a PFIC, a U.S. holder may avoid the PFIC tax consequences described above in respect of our ordinary shares (but not our warrants)
by making a timely and valid QEF election (if eligible to do so) to include in income its pro rata share of our net capital gains (as
long-term capital gain) and other earnings and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">profits (as ordinary income),
on a current basis, in each case whether or not distributed, in the taxable year of the U.S. holder in which or with which our taxable
year ends. A U.S. holder generally may make a separate election to defer the payment of taxes on undistributed income inclusions under
the QEF rules, but if deferred, any such taxes will be subject to an interest charge.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="background-color: white">It
is not entirely clear how various aspects of the PFIC rules apply to the warrants, and U.S. holders are strongly urged to consult with
their tax advisors regarding the application of such rules to their warrants in their particular circumstances. A U.S. holder may not
make a QEF election with respect to its warrants to acquire our ordinary shares. As a result, if a U.S. holder sells or otherwise disposes
of such warrants (other than upon the exercise of such warrants) and we were treated as a PFIC at any time during the U.S. holder&rsquo;s
holding period of such warrants, any gain recognized generally will be treated in the same manner as an excess distribution, taxed as
described above. If a U.S. holder that exercises such warrants properly makes a QEF election with respect to the newly acquired ordinary
shares (or has previously made a QEF election with respect to our ordinary shares), the QEF election will apply to the newly acquired
ordinary shares. Notwithstanding any such QEF election, the adverse tax consequences relating to PFIC shares, adjusted to take into account
the current income inclusions resulting from the QEF election, generally will continue to apply with respect to such newly acquired ordinary
shares (which generally will be deemed to have a holding period for purposes of the PFIC rules that includes the period the U.S. holder
held the warrants), unless the U.S. holder makes a purging election under the PFIC rules. Under one type of purging election, the U.S.
holder will be deemed to have sold such shares at their fair market value and any gain recognized on such deemed sale will be treated
in the same manner as an excess distribution, taxed as described above. As a result of this purging election, the U.S. holder will have
additional basis (to the extent of any gain recognized on the deemed sale) and, solely for purposes of the PFIC rules, a new holding
period in the ordinary shares acquired upon the exercise of the warrants. The application of the rules related to purging elections described
above to a U.S. holder of a warrant that already owns ordinary shares is not entirely clear. U.S. holders are strongly urged to consult
with their tax advisors regarding the application of the rules governing purging elections to their particular circumstances.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">The QEF election is made
on a shareholder-by-shareholder basis and once made, can be revoked only with the consent of the IRS. A U.S. holder generally makes a
QEF election by attaching a completed IRS Form 8621 (Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified
Electing Fund), including the information provided in a PFIC annual information statement, to a timely filed U.S. federal income tax
return for the tax year to which the election relates. Retroactive QEF elections generally may be made only by filing a protective statement
with such return and if certain other conditions are met or with the consent of the IRS. U.S. holders are urged to consult their tax
advisors regarding the availability and tax consequences of a retroactive QEF election under their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">In order to comply with
the requirements of a QEF election, a U.S. holder must receive a PFIC annual information statement from us. If we determine we are a
PFIC for any taxable year, upon written request by a U.S. holder, we will endeavor to provide to such U.S. holder such information as
the IRS may require, including a PFIC annual information statement, in order to enable such U.S. holder to make and maintain a QEF election,
but there is no assurance that we will timely provide such required information. There is also no assurance that we will have timely
knowledge of our status as a PFIC in the future or of the required information to be provided.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">If a U.S. holder has made
a QEF election with respect to our ordinary shares, and the excess distribution rules discussed above do not apply to such shares (because
of a timely QEF election for our first taxable year as a PFIC in which the U.S. holder holds (or is deemed to hold) such shares or a
purge of the PFIC taint pursuant to a purging election, as described above), any gain recognized on the sale of our ordinary shares generally
will be taxable as capital gain and no additional interest charge will be imposed under the PFIC rules. As discussed above, if we are
a PFIC for any taxable year, a U.S. holder of our ordinary shares that has made a QEF election will be currently taxed on its pro rata
share of our earnings and profits, whether or not distributed for such year. A subsequent distribution of such earnings and profits that
were previously included in income generally should not be taxable when distributed to such U.S. holder. The tax basis of a U.S. holder&rsquo;s
shares in a QEF will be increased by amounts that are included in income and decreased by amounts distributed but not taxed as dividends,
under the above rules. In addition, if we are not a PFIC for any taxable year, such U.S. holder will not be subject to the QEF inclusion
regime with respect to our ordinary shares for such taxable year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">Alternatively, if we are
a PFIC and our ordinary shares constitute &ldquo;marketable stock,&rdquo; a U.S. holder may avoid the adverse PFIC tax consequences discussed
above if such U.S. holder, at the close of the first taxable year in which it holds (or is deemed to hold) our ordinary shares, makes
a mark-to-market election with respect to such shares for such taxable year. Such U.S. holder generally will include for each of its
taxable years as ordinary income the excess, if any, of the fair market value of its ordinary shares at the end of such year over its
adjusted basis in its ordinary shares. The U.S. holder also will recognize an ordinary loss in respect of the excess, if any, of its
adjusted basis of its ordinary shares over the fair market value of its ordinary shares at the end of its taxable year (but only to the
extent of the net amount of previously included income as a result of the mark-to-market election). The U.S. holder&rsquo;s basis in
its ordinary shares will be adjusted to reflect any such income or loss amounts, and any further gain recognized on a sale or other taxable
disposition of its ordinary shares will be treated as ordinary income. Currently, a mark-to-market election may not be made with respect
to warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">The mark-to-market election
is available only for &ldquo;marketable shares,&rdquo; generally, shares that is regularly traded on a national securities exchange that
is registered with the Securities and Exchange Commission, including NYSE (on which we intend to list the ordinary shares), or on a foreign
exchange or market that the IRS determines has rules sufficient to ensure that the market price represents a legitimate and sound fair
market value. If made, a mark-to-market election would be effective for the taxable year for which the election was made and for all
subsequent taxable years unless the ordinary shares ceased to qualify as &ldquo;marketable shares&rdquo; for purposes of the PFIC rules
or the IRS consented to the revocation of the election. U.S. holders are urged to consult their own tax advisors regarding the availability
and tax consequences of a mark-to-market election with respect to our ordinary shares under their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">If we are a PFIC and, at
any time, have a foreign subsidiary that is classified as a PFIC, U.S. holders generally would be deemed to own a portion of the shares
of such lower-tier PFIC, and generally could incur liability for the deferred tax and interest charge described above if we receive a
distribution from, or dispose of all or part of our interest in, the lower-tier PFIC or the U.S. holders otherwise were deemed to have
disposed of an interest in the lower-tier PFIC. We will endeavor to cause any lower-tier PFIC to provide to a U.S. holder the information
that may be required to make or maintain a QEF election with respect to the lower-tier PFIC. There can be no assurance that we will have
timely knowledge of the status of any such lower-tier PFIC. In addition, we may not hold a controlling interest in any such lower-tier
PFIC and thus there can be no assurance we will be able to cause the lower-tier PFIC to provide such required information. U.S. holders
are urged to consult their tax advisors regarding the tax issues raised by lower-tier PFICs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">A U.S. holder that owns
(or is deemed to own) shares in a PFIC during any taxable year of the U.S. holder, may have to file an IRS Form 8621 (whether or not
a QEF or mark-to-market election is made) and such other information as may be required by the U.S. Treasury Department. Failure to do
so, if required, will extend the statute of limitations until such required information is furnished to the IRS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">The rules dealing with
PFICs and with the QEF and mark-to-market elections are very complex and are affected by various factors in addition to those described
above. Accordingly, U.S. holders of our ordinary shares and warrants are urged to consult their own tax advisors concerning the application
of the PFIC rules to our securities under their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Tax Reporting</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><FONT STYLE="background-color: white">Information
reporting requirements generally will apply to dividends paid to a U.S. holder and to the proceeds from the sale or other disposition
of our securities unless the U.S. holder is an exempt recipient and certifies to such exempt status. Backup withholding may apply to
such payments if the U.S. holder fails to provide a taxpayer identification number or a certification of exempt status or has been notified
by the IRS that it is subject to backup withholding (and such notification has not been withdrawn). Backup withholding is not an additional
tax. Rather, the U.S. federal income tax liability (if any) of persons subject to backup withholding will be reduced by the amount of
tax withheld. If backup withholding results in an overpayment of taxes, a refund generally may be obtained, provided that the required
information is timely furnished to the IRS.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">Certain U.S. holders may
be required to file an IRS Form 926 (Return by a U.S. Transferor of Property to a Foreign Corporation) to report a transfer of property
(including cash) to us. Substantial penalties may be imposed on a U.S. holder that fails to comply with this reporting requirement and
the period of limitations for assessment and collection of U.S. federal income taxes will be extended in the event of a failure to comply.
Furthermore, certain U.S. holders who</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">are individuals and certain
entities will be required to report information with respect to such U.S. holder&rsquo;s investment in &ldquo;specified foreign financial
assets&rdquo; on IRS Form 8938 (Statement of Specified Foreign Financial Assets), subject to certain exceptions. <FONT STYLE="background-color: white">Specified
foreign financial assets generally include any financial account maintained with a&nbsp;non-U.S.&nbsp;financial institution and should
also include our securities unless held in an account maintained with a U.S. financial institution. </FONT>Persons who are required to
report specified foreign financial assets and fail to do so may be subject to substantial penalties and the period of limitations for
assessment and collection of U.S. federal income taxes will be extended in the event of a failure to comply. Potential investors are
urged to consult their tax advisors regarding the foreign financial asset and other reporting obligations and their application to an
investment in our ordinary shares and warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Non-U.S. Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This section is addressed to non-U.S. holders of
the securities. For purposes of this discussion, a &ldquo;non-U.S. holder&rdquo; is a beneficial owner of our units, ordinary shares
or warrants (other than an entity treated as a partnership for U.S. federal income tax purposes) that is not a U.S. holder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Dividends and Distributions</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Dividends (including constructive dividends,
discussed below) paid or deemed paid to a non-U.S. holder in respect of our ordinary shares generally will not be subject to U.S. federal
income tax, unless the dividends are effectively connected with the non-U.S. holder&rsquo;s conduct of a trade or business within the
United States (and, if required by an applicable income tax treaty, are attributable to a permanent establishment or fixed base that
such holder maintains in the United States). In addition, a non-U.S. holder generally will not be subject to U.S. federal income tax
on any gain attributable to a sale or other disposition of our ordinary shares or warrants unless such gain is effectively connected
with its conduct of a trade or business in the United States (and, if required by an applicable income tax treaty, is attributable to
a permanent establishment or fixed base that such holder maintains or maintained in the United States).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Dividends (including constructive dividends)
and gains that are effectively connected with the non-U.S. holder&rsquo;s conduct of a trade or business in the United States (and, if
required by an applicable income tax treaty, are attributable to a permanent establishment or fixed base in the United States) generally
will be subject to U.S. federal income tax at the same regular U.S. federal income tax rates applicable to a comparable U.S. holder and,
in the case of a non-U.S. holder that is a corporation for U.S. federal income tax purposes, also may be subject to an additional branch
profits tax at a 30% rate or a lower applicable tax treaty rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Sale or Other Disposition of Ordinary
Shares or Warrants</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">You generally will not be subject to United States
federal income tax on any gain realized upon the sale, exchange or other disposition of our ordinary shares (which would include a dissolution
and liquidation in the event we do not consummate an initial business combination within the required timeframe) or warrants (including
an expiration or redemption of our warrants), unless such gain is effectively connected with a trade or business conducted by the non-U.S.
holder in the United States (and, if required by an applicable income tax treaty, that is treated as attributable to a permanent establishment
maintained by the non-U.S. holder in the United States). Any such effectively connected gain generally will be taxed on a net income
basis at the rates and in the manner generally applicable to United States persons. If the non-U.S. holder is a corporation for U.S.
federal income tax purposes, it may also be subject to a branch profits tax (at a 30% rate or such lower rate as specified by an applicable
income tax treaty) on its effectively connected earnings and profits (as adjusted for certain items), which will include effectively
connected gain.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the gain is effectively connected with your conduct of a trade or business within the United States
    (and, under certain income tax treaties, is attributable to a United States permanent establishment you maintain);</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">you are an individual, you hold your ordinary shares or warrants as capital assets, you are present
    in the United States for 183 days or more in the taxable year of disposition and you meet other conditions, and you are not eligible
    for relief under an applicable income tax treaty; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">we are or have been a &ldquo;United States real property holding corporation&rdquo; for United States
    federal income tax purposes and, in the case where the ordinary shares are regularly traded on an established securities market,
    you hold or have held, directly or indirectly, at any time within the shorter of the five-year period</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: justify">preceding disposition or your holding period for your ordinary shares or warrants, more than 5% of
    our ordinary shares. Special rules may apply to the determination of the 5% threshold in the case of a holder of a warrant. You are
    urged to consult your own tax advisors regarding the effect of holding the warrants on the calculation of such 5% threshold. We will
    be classified as a United States real property holding corporation if the fair market value of our &ldquo;United States real property
    interests&rdquo; equals or exceeds 50% of the sum of (1) the fair market value of our United States real property interests, (2)
    the fair market value of our non-United States real property interests and (3) the fair market value of any other of our assets which
    are used or held for use in our trade or business. Although we currently are not a United States real property holding corporation,
    we cannot determine whether we will be a United States real property holding corporation in the future until we consummate an initial
    business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Gain that is effectively connected with your conduct
of a trade or business within the United States generally will be subject to United States federal income tax, net of certain deductions,
at the same rates applicable to United States persons. If you are a corporation, the branch profits tax also may apply to such effectively
connected gain. If the gain from the sale or disposition of your ordinary shares or warrants is effectively connected with your conduct
of a trade or business in the United States but under an applicable income tax treaty is not attributable to a permanent establishment
you maintain in the United States, your gain may be exempt from United States tax under the treaty. If you are described in the second
bullet point above, you generally will be subject to United States federal income tax at a rate of 30% on the gain realized, although
the gain may be offset by some United States source capital losses realized during the same taxable year. If you are described in the
third bullet point above, gain recognized by you on the sale,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">exchange or other disposition of ordinary shares
or warrants will be subject to U.S. federal income tax on a net income basis at normal graduated U.S. federal income tax rates. In addition,
a buyer of your ordinary shares or warrants may be required to withhold United States income tax at a rate of 15% of the amount realized
upon such disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If you convert your ordinary shares into a right
to receive cash as described in &ldquo;Proposed Business &mdash; Effecting a Business Combination &mdash; Conversion Rights,&rdquo; the
conversion generally will be treated as a sale of ordinary shares rather than as a dividend or distribution. The conversion will, however,
be treated as a dividend or distribution and taxed as described in &ldquo;Dividends and Distributions&rdquo; if your percentage ownership
in us (including shares that you are deemed to own under certain attribution rules, such as the shares into which the warrants are exercisable)
after the conversion is not meaningfully reduced from what your percentage ownership was prior to the conversion. See the discussion
in &ldquo;&mdash; U.S. Holders &mdash; Sale or Other Disposition or Conversion of Ordinary Shares.&rdquo; You should consult your own
tax advisor as to whether conversion of your ordinary shares will be treated as a sale or as a dividend under the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Constructive Dividends on Warrants</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As discussed under &ldquo;Dividend Policy&rdquo;
above, we do not anticipate that any dividends will be paid in the foreseeable future. If at any time during the period you hold warrants,
however, we were to pay a taxable dividend to our shareholders and, in accordance with the anti-dilution provisions of the warrants,
the conversion rate of the warrants were increased, that increase would be deemed to be the payment of a taxable dividend to you to the
extent of our earnings and profits, notwithstanding the fact that you will not receive a cash payment. If the conversion rate is adjusted
in certain other circumstances (or in certain circumstances, there is a failure to make adjustments), such adjustments may also result
in the deemed payment of a taxable dividend to you. Any resulting withholding tax attributable to deemed dividends would be collected
from other amounts payable or distributable to you. You should consult your tax advisor regarding the proper treatment of any adjustments
to the warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Information Reporting and Backup
Withholding</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dividend payments with respect to our ordinary shares
and proceeds from the sale, exchange or redemption of our ordinary shares may be subject to information reporting to the IRS and possible
United States backup withholding. The IRS may make copies of such information returns reporting those dividends and amounts withheld
available to the tax authorities in the country in which you reside pursuant to the provisions of an applicable income tax treaty or
exchange of information treaty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The United States imposes backup withholding on dividends
and certain other types of payments to United States persons. You will not be subject to backup withholding on dividends you receive
on your ordinary shares if you provide proper certification (usually on IRS Form W-8BEN or Form W-8BEN-E) of your status as a non-United
States person or you are a corporation or one of several types of entities and organizations that qualify for exemption (an &ldquo;exempt
recipient&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Backup withholding is not an additional tax. Any
amounts withheld with respect to your ordinary shares or warrants under the backup withholding rules will be refunded to you or credited
against your United States federal income tax liability, if any, by the IRS provided that certain required information is furnished to
the IRS in a timely manner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="background-color: white"><B>INVESTORS
CONSIDERING THE PURCHASE OF OUR SECURITIES ARE URGED TO CONSULT WITH THEIR OWN TAX ADVISORS REGARDING THE APPLICATION OF THE U.S. FEDERAL
INCOME TAX LAWS TO THEIR PARTICULAR SITUATIONS AND THE APPLICABILITY AND EFFECT OF ANY OTHER TAX LAWS, INCLUDING BUT NOT LIMITED TO U.S.
FEDERAL ESTATE AND GIFT TAX LAWS AND ANY STATE, LOCAL OR&nbsp;NON-U.S.&nbsp;TAX LAWS AND TAX TREATIES.</B></FONT><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_017"></A>UNDERWRITING</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are offering the units described in this prospectus
through the underwriters named below. BTIG, LLC is acting as representative of the underwriters. We have entered into an underwriting
agreement with the representative. Subject to the terms and conditions of the underwriting agreement, the underwriters have agreed to
purchase, and we have agreed to sell to the underwriters, the number of units listed next to each of its name in the following table:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Underwriter</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Number of Units</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">BTIG, LLC</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Craig-Hallum
    Capital Group LLC</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left; padding-bottom: 2.5pt">Total</TD>
    <TD STYLE="width: 1%; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: Black 2.5pt double; text-align: right">17,500,000</TD>
    <TD STYLE="width: 1%; padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The underwriting agreement provides that the underwriters
must buy all of the units if they buy any of them. However, the underwriters are not required to purchase the units covered by the option
to purchase additional units as described below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our units are offered subject to a number of conditions,
including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">receipt and acceptance of our units by the underwriters; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the underwriters&rsquo; right to reject orders in whole or in part.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with this offering, the underwriters
or securities dealers may distribute prospectuses electronically.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Option To Purchase Additional Units</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have granted the underwriters an over-allotment
option to buy up to an aggregate of 2,625,000 additional units. The underwriters have 45 days from the date of this prospectus to exercise
this option. If the underwriters exercise this option, they will purchase additional units approximately in proportion to the amounts
specified in the table above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Underwriting Discount</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Units sold by the underwriters to the public will
initially be offered at the initial offering price set forth on the cover of this prospectus. Any units sold by the underwriters to securities
dealers may be sold at a discount of up to $___ per unit from the initial public offering price and the dealers may reallow a concession
not in excess of $___ per unit to other dealers. Sales of units made outside of the United States may be made by affiliates of the underwriters.
After completion of this offering, if the underwriters still hold any units sold by us to them in this offering, the representative may
change the offering price and the other selling terms. Upon execution of the underwriting agreement, the underwriters will be obligated
to purchase the units at the prices and upon the terms stated therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table shows the per unit and total
underwriting discount we will pay to the underwriters assuming both no exercise and full exercise of the underwriters&rsquo; over-allotment
option to purchase up to 2,625,000 additional units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">No Exercise</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Full Exercise</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 76%; padding-bottom: 1pt; text-align: left">Per
    Unit<SUP>(1)</SUP></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="width: 9%; border-bottom: Black 1pt solid; text-align: right">0.55</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="width: 9%; border-bottom: Black 1pt solid; text-align: right">0.55</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; padding-bottom: 2.5pt; text-align: left">Total</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">9,625,000</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">11,068,750</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Includes up to $0.35 per unit, or up to $6,125,000 in the aggregate, or up to up to $7,043,750 in
    the aggregate if the over-allotment option is exercised in full, payable to BTIG for deferred underwriting commissions to be placed
    in a trust account at Bank of America located in the United States as described herein. The deferred commissions will be released
    to BTIG only on completion of an initial business combination. The deferred commissions will be payable as follows: $0.10 per share
    sold in this offering shall be paid to BTIG in cash on the closing of the business combination, (ii) up to $0.15 per share sold in
    this offering shall be paid to BTIG in cash, based on the percentage of funds remaining in the trust account after redemptions of
    public shares and (iii) $0.10 per share sold in this offering shall be paid to BTIG in cash or stock (valued at $10.00 per share),
    at our sole option (the &ldquo;Allocable Amount&rdquo;), provided that we have the right, in our sole and absolute discretion, to
    reallocate any portion of the Allocable Amount to third parties not participating in this offering (but who are members of FINRA)
    that assist us in consummating the initial business combination.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If we do not complete our initial business combination
within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed a letter of intent,
agreement in principle or definitive agreement for an initial business combination within 24 months from the closing of this offering),
BTIG has agreed that (i) it will forfeit any rights or claims to the deferred underwriting discounts and commissions, including any accrued
interest thereon, then in the trust account and (ii) that the deferred underwriters&rsquo; discounts and commissions will be distributed
on a pro rata basis, together with any accrued interest thereon (which interest will be net of taxes payable) to the public shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We estimate that the total expenses of the offering
payable by us, not including the underwriting discount, will be approximately $540,000. We have agreed to pay for the FINRA-related fees
and expenses of the underwriters&rsquo; legal counsel, not to exceed $15,000, and the expenses of investigations and background checks
(not to exceed $4,000 per person for U.S. individuals and $5,000 for non-U.S. individuals), or an aggregate payment of up to $50,000
(of which $25,000 has been paid to date, to cover expenses), all of which are included in the total estimated expenses of $540,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The underwriters have agreed to make a payment to
us in an amount equal to $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, to reimburse us for certain of
our expenses in connection with this offering and for expenses to be incurred by us following this offering as a public company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Representative Founder Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In November&nbsp;2023, we issued to designees of
BTIG the 87,500 representative founder shares for nominal consideration. The holders of the representative founder shares have agreed
not to transfer, assign or sell any such shares without our prior consent until the completion of our initial business combination. In
addition, the holders of the representative founder shares have agreed (i) to waive their conversion rights (or right to participate
in any tender offer) with respect to such shares in connection with the completion of our initial business combination and (ii) to waive
their rights to liquidating distributions from the trust account with respect to such shares if we fail to complete our initial business
combination within 24 months from the closing of this offering (or 27 months from the closing of this offering if we have executed a
letter of intent, agreement in principle or definitive agreement for an initial business combination within 24 months from the closing
of this offering).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The representative founder shares have been deemed
compensation by FINRA and are therefore subject to a lock-up for a period of 180 days immediately following the date of the effectiveness
of the registration statement of which this prospectus forms a part pursuant to Rule&nbsp;5110(e)(1) of the FINRA Manual. Pursuant to
FINRA Rule&nbsp;5110(e)(1), these securities will not be sold during the offering, or sold, transferred, assigned, pledged, or hypothecated,
or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the
securities by any person for a period of 180 days immediately following the effective date of the registration statement of which this
prospectus forms a part or commencement of sales of the public offering, except to any underwriter and selected dealer participating
in the offering and their bona fide officers or partners, provided that all securities so transferred remain subject to the lockup restriction
above for the remainder of the time period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have granted the holders of these shares the registration
rights as described under the section &ldquo;<I>Shares Eligible for Future Sale &mdash; Registration Rights</I>.&rdquo; The demand and
piggyback registration rights being granted to the BTIG and related persons are subject to FINRA Rule&nbsp;5110(g)(8).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Private units</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The underwriters have committed that they and/or
their designees will purchase from us 87,500 private units for a total purchase price of $875,000. This purchase will take place on a
private placement basis simultaneously with the consummation of this offering. The underwriters have also agreed that if the over-allotment
option is exercised by the underwriters in full or in part, they and/or their designees will purchase from us an additional number of
private units (up to a maximum of 13,125 private units) necessary to maintain in the trust account $10.00 per unit sold to the public
in this offering. The private units are identical to the units sold in this offering except as described elsewhere in this prospectus.
The private units and underlying ordinary shares and warrants have been deemed compensation by FINRA and are therefore subject to a 180-day
lock-up pursuant to FINRA Rule&nbsp;5110(e)(1). Additionally, the private units purchased by the underwriters may not be sold, transferred,
assigned, pledged or hypothecated or be the subject of any hedging, short sale, derivative, put or call transaction that would result
in the economic disposition of the securities by any person for a 180-day period following the effective date of this prospectus except
to any selected </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 118; Value: 1 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">dealer participating in the offering and the
bona fide officers or partners of the underwriter and any such participating selected dealer. The underwriters have agreed that the private
units they purchase will not be sold or transferred by them (except to certain permitted transferees) until after we have completed an
initial business combination. We have granted the holders of private units, including the underwriters, the registration rights as described
under the section &ldquo;<I>Shares Eligible for Future Sale &mdash; Registration Rights</I>.&rdquo; In compliance with FINRA Rule&nbsp;5110(g)(8),
the registration rights granted to the underwriters are limited to demand and &ldquo;piggy back&rdquo; rights for periods of five and
seven years, respectively, from the effective date of this prospectus with respect to the registration under the Securities Act of the
private units and the underlying securities. The warrants underlying the units may not be exercised more than five years from the date
of this prospectus in compliance with Rule&nbsp;5110(g)(8)(A).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Indemnification</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have agreed to indemnify the underwriter against
certain liabilities, including certain liabilities under the Securities Act. If we are unable to provide this indemnification, we have
agreed to contribute to payments the underwriter may be required to make in respect of those liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>NYSE Listing</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have applied to have our units listed on the NYSE under the symbol &ldquo;LEGT U&rdquo; and, once the ordinary shares and warrants begin
separate trading, they are expected to be listed under the symbols &ldquo;LEGT&rdquo; and &ldquo;LEGT WS,&rdquo; respectively.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Price Stabilization, Short Positions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In connection with this offering, the underwriters
may engage in activities that stabilize, maintain or otherwise affect the price of units during and after this offering, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">stabilizing transactions;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">short sales;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">purchases to cover positions created by short sales;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">imposition of penalty bids; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">syndicate covering transactions.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Stabilizing transactions consist of bids or purchases
made for the purpose of preventing or retarding a decline in the market price of our units while this offering is in progress. Stabilization
transactions permit bids to purchase the underlying security so long as the stabilizing bids do not exceed a specified maximum. These
transactions may also include making short sales of our units, which involve the sale by the underwriters of a greater number of units
than they are required to purchase in this offering and purchasing units on the open market to cover short positions created by short
sales. Short sales may be &ldquo;covered short sales,&rdquo; which are short positions in an amount not greater than the underwriters&rsquo;
option to purchase additional units referred to above, or may be &ldquo;naked short sales,&rdquo; which are short positions in excess
of that amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The underwriters may close out any covered short
position by either exercising their option, in whole or in part, or by purchasing units in the open market. In making this determination,
the underwriters will consider, among other things, the price of units available for purchase in the open market as compared to the price
at which they may purchase units through the over-allotment option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Naked short sales are short sales made in excess
of the over-allotment option. The underwriters must close out any naked short position by purchasing units in the open market. A naked
short position is more likely to be created if the underwriters are concerned that there may be downward pressure on the price of the
units in the open market that could adversely affect investors who purchased in this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The underwriters also may impose a penalty bid. This
occurs when a particular underwriter repays to the representative of the underwriters a portion of the underwriting discount received
by it because the representative has repurchased units sold by or for the account of that underwriter in stabilizing or short covering
transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These stabilizing transactions, short sales, purchases
to cover positions created by short sales, the imposition of penalty bids and syndicate covering transactions may have the effect of
raising or maintaining the market price of our units or preventing or retarding a decline in the market price of our units. As a result
of these activities, the price of our units may be higher than the price that otherwise might exist in the open market. The underwriters
may carry out these transactions on the NYSE, in the over-the-counter market or otherwise. Neither we nor the underwriters make any representation
or prediction as to the effect that the transactions described above may have on the price of the units. Neither we, nor the underwriters,
make any representation that the underwriter will engage in these stabilization transactions or that any transaction, once commenced,
will not be discontinued without notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Determination of Offering Price</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prior to this offering, there was no public market
for our units. The initial public offering price will be determined by negotiation between us and the representative of the underwriters.
The principal factors to be considered in determining the initial public offering price include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the information set forth in this prospectus and otherwise available to the representative;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our history and prospects and the history and prospects for the industry in which we compete;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our past and present financial performance;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">our prospects for future earnings and the present state of our development;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the general condition of the securities market at the time of this offering;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the recent market prices of, and demand for, publicly traded units of generally comparable companies;
    and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">other factors deemed relevant by the underwriters and us.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Neither we nor the underwriters can assure investors
that an active trading market will develop for our units, warrants or ordinary shares or that the units will trade in the public market
at or above the initial public offering price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Affiliations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">BTIG and its affiliates are full service financial
institutions engaged in various activities, which may include securities trading, commercial and investment banking, financial advisory,
investment management, investment research, principal investment, hedging, financing and brokerage activities. BTIG and its affiliates
may from time to time in the future engage with us and perform services for us or in the ordinary course of their business for which
they will receive customary fees and expenses. In the ordinary course of their various business activities, the underwriters and their
respective affiliates may also make or hold a broad array of investments and actively trade debt and equity securities (or related derivative
securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers, and such
investment and securities activities may involve securities and/or instruments of us. The underwriters and their affiliates may also
make investment recommendations and/or publish or express independent research views in respect of these securities or instruments and
may at any time hold, or recommend to clients that they acquire, long and/or short positions in these securities and instruments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Additional Future Arrangements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We are not under any contractual obligation to engage
any of the underwriters to provide any services for us after this offering and have no present intent to do so. However, the underwriters
may introduce us to potential target businesses or assist us in raising additional capital in the future. If any of the underwriters
provide services to us after this offering, we may pay such underwriter fair and reasonable fees that would be determined at that time
in an arm&rsquo;s length negotiation; provided that no agreement will be entered into with any underwriter and no fees for such services
will be paid to any underwriter prior to the date that is 60 days from the date of this prospectus, unless FINRA determines that such
payment would not be deemed underwriter&rsquo;s compensation in connection with this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Electronic Distribution</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A prospectus in electronic format may be made available
on the Internet sites or through other online services maintained by the underwriters participating in this offering, or by their affiliates.
In those cases, prospective investors may view offering terms online and, depending upon the particular underwriter, prospective investors
may be allowed to place orders online. The underwriters may agree with us to allocate a specific number of units for sale to online brokerage
account holders. Any such allocation for online distributions will be made by the underwriters on the same basis as other allocations.
Other than the prospectus in electronic format, the information on any underwriter&rsquo;s website and any information contained in any
other website maintained by an underwriter is not part of the prospectus or the registration statement of which this prospectus forms
a part, has not been approved and/or endorsed by us or any underwriter in its capacity as underwriter and should not be relied upon by
investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Selling Restrictions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Canada</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Resale Restrictions</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We intend to distribute our securities in the Province
of Ontario, Canada (the &ldquo;Canadian Offering Jurisdiction&rdquo;) by way of a private placement and exempt from the requirement that
we prepare and file a prospectus with the securities regulatory authorities in such Canadian Offering Jurisdiction. Any resale of our
securities in Canada must be made under applicable securities laws that will vary depending on the relevant jurisdiction, and which may
require resales to be made under available statutory exemptions or under a discretionary exemption granted by the applicable Canadian
securities regulatory authority. Canadian resale restrictions in some circumstances may apply to resales of interests made outside of
Canada. Canadian purchasers are advised to seek legal advice prior to any resale of our securities. We may never be a &ldquo;reporting
issuer&rdquo;, as such term is defined under applicable Canadian securities legislation, in any province or territory of Canada in which
our securities will be offered and there currently is no public market for any of the securities in Canada, and one may never develop.
Canadian investors are advised that we have no intention to file a prospectus or similar document with any securities regulatory authority
in Canada qualifying the resale of the securities to the public in any province or territory in Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Representations of Purchasers</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A Canadian purchaser will be required to represent
to us and the dealer from whom the purchase confirmation is received that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the purchaser is entitled under applicable provincial securities laws to purchase our securities
    without the benefit of a prospectus qualified under those securities laws;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">where required by law, that the purchaser is purchasing as principal and not as agent;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the purchaser has reviewed the text above under Resale Restrictions; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">the purchaser acknowledges and consents to the provision of specified information concerning its
    purchase of our securities to the regulatory authority that by law is entitled to collect the information.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Rights of Action &mdash; Ontario
Purchasers Only</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Under Ontario securities legislation, certain purchasers
who purchase a security offered by this prospectus during the period of distribution will have a statutory right of action for damages,
or while still the owner of our securities, for rescission against us in the event that this prospectus contains a misrepresentation
without regard to whether the purchaser relied on the misrepresentation. The right of action for damages is exercisable not later than
the earlier of 180 days from the date the purchaser first had knowledge of the facts giving rise to the cause of action and three years
from the date on which payment is made for our securities. The right of action for rescission is exercisable not later than 180 days
from the date on which payment is made for our securities. If a purchaser elects to exercise the right of action for rescission, the
purchaser will have no right of action for damages against us. In no case will the amount recoverable in any action exceed the price
at which our securities were offered to the purchaser and if the purchaser is</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">shown to have purchased the securities with knowledge
of the misrepresentation, we will have no liability. In the case of an action for damages, we will not be liable for all or any portion
of the damages that are proven to not represent the depreciation in value of our securities as a result of the misrepresentation relied
upon. These rights are in addition to, and without derogation from, any other rights or remedies available at law to an Ontario purchaser.
The foregoing is a summary of the rights available to an Ontario purchaser. Ontario purchasers should refer to the complete text of the
relevant statutory provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Enforcement of Legal Rights</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A majority of our directors and officers as well
as the experts named herein are located outside of Canada and, as a result, it may not be possible for Canadian purchasers to effect
service of process within Canada upon us or those persons. All of our assets and the assets of those persons are located outside of Canada
and, as a result, it may not be possible to satisfy a judgment against us or those persons in Canada or to enforce a judgment obtained
in Canadian courts against us or those persons outside of Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><B><I>Collection of Personal Information</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If a Canadian purchaser is resident in or otherwise
subject to the securities laws of the Province of Ontario, the Purchaser authorizes the indirect collection of personal information pertaining
to the Canadian purchaser by the Ontario Securities Commission (the &ldquo;OSC&rdquo;) and each Canadian purchaser will be required to
acknowledge and agree that the Canadian purchaser has been notified by us (i) of the delivery to the OSC of personal information pertaining
to the Canadian purchaser, including, without limitation, the full name, residential address and telephone number of the Canadian purchaser,
the number and type of securities purchased and the total purchase price paid in respect of the securities, (ii) that this information
is being collected indirectly by the OSC under the authority granted to it in securities legislation, (iii) that this information is
being collected for the purposes of the administration and enforcement of the securities legislation of Ontario, and (iv) that the title,
business address and business telephone number of the public official in Ontario who can answer questions about the OSC&rsquo;s indirect
collection of the information is the Administrative Assistant to the Director of Corporate Finance, the Ontario Securities Commission,
Suite 1903, Box 5520, Queen Street West, Toronto, Ontario, M5H 3S8, Telephone: (416) 593-8086, Facsimile: (416) 593-8252.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in Australia</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No placement document, prospectus, product disclosure
statement or other disclosure document has been lodged with the Australian Securities and Investments Commission (&ldquo;ASIC&rdquo;),
in relation to the offering. This prospectus does not constitute a prospectus, product disclosure statement or other disclosure document
under the Corporations Act 2001 (the &ldquo;Corporations Act&rdquo;) and does not purport to include the information required for a prospectus,
product disclosure statement or other disclosure document under the Corporations Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Any offer in Australia of the shares may only be
made to persons (the &ldquo;Exempt Investors&rdquo;) who are &ldquo;sophisticated investors&rdquo; (within the meaning of section&nbsp;708(8)
of the Corporations Act), &ldquo;professional investors&rdquo; (within the meaning of section&nbsp;708(11) of the Corporations Act) or
otherwise pursuant to one or more exemptions contained in section&nbsp;708 of the Corporations Act so that it is lawful to offer the
shares without disclosure to investors under Chapter 6D of the Corporations Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The shares applied for by Exempt Investors in Australia
must not be offered for sale in Australia in the period of 12 months after the date of allotment under the offering, except in circumstances
where disclosure to investors under Chapter 6D of the Corporations Act would not be required pursuant to an exemption under section&nbsp;708
of the Corporations Act or otherwise or where the offer is pursuant to a disclosure document which complies with Chapter 6D of the Corporations
Act. Any person acquiring shares must observe such Australian on-sale restrictions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This prospectus contains general information only
and does not take account of the investment objectives, financial situation or particular needs of any particular person. It does not
contain any securities recommendations or financial product advice. Before making an investment decision, investors need to consider
whether the information in this prospectus is appropriate to their needs, objectives and circumstances, and, if necessary, seek expert
advice on those matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in the Dubai
International Financial Centre</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This prospectus relates to an Exempt Offer in accordance
with the Offered Securities Rules of the Dubai Financial Services Authority (&ldquo;DFSA&rdquo;). This prospectus is intended for distribution
only to persons of a type specified in the Offered Securities Rules of the DFSA. It must not be delivered to, or relied on by, any other
person. The DFSA has no responsibility for reviewing or verifying any documents in connection with Exempt Offers. The DFSA has not approved
this prospectus nor taken steps to verify the information set forth herein and has no responsibility for the prospectus. The shares to
which this prospectus relates may be illiquid and/or subject to restrictions on their resale. Prospective purchasers of the shares offered
should conduct their own due diligence on the shares. If you do not understand the contents of this prospectus you should consult an
authorized financial advisor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in the European
Economic Area</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In relation to each member state of the European
Economic Area that has implemented the Prospectus Directive (each, a &ldquo;relevant member state&rdquo;), with effect from and including
the date on which the Prospectus Directive is implemented in that relevant member state (the &ldquo;relevant implementation date&rdquo;),
an offer of units described in this prospectus may not be made to the public in that relevant member state prior to the publication of
a prospectus in relation to the units that has been approved by the competent authority in that relevant member state or, where appropriate,
approved in another relevant member state and notified to the competent authority in that relevant member state, all in accordance with
the Prospectus Directive, except that, with effect from and including the relevant implementation date, an offer of our units may be
made to the public in that relevant member state at any time:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">to any legal entity which is a qualified investor as defined in the Prospectus Directive;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">to fewer than 100, or, if the relevant member state has implemented the relevant provisions of the
    2010 PD Amending Directive, 150, natural or legal persons (other than qualified investors as defined in the Prospectus Directive),
    as permitted under the Prospectus Directive, subject to obtaining the prior consent of the relevant Dealer or Dealers nominated by
    the issuer for any such offer; or natural or legal persons (other than qualified investors as defined below) subject to obtaining
    the prior consent of the underwriter for any such offer; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">in any other circumstances that do not require the publication by us of a prospectus pursuant to
    Article 3 of the Prospectus Directive.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Each purchaser of units described in this prospectus
located within a relevant member state will be deemed to have represented, acknowledged and agreed that it is a &ldquo;qualified investor&rdquo;
within the meaning of Article 2(1)(e) of the Prospectus Directive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the purpose of this provision, the expression
an &ldquo;offer to the public&rdquo; in any relevant member state means the communication in any form and by any means of sufficient
information on the terms of the offer and the units to be offered so as to enable an investor to decide to purchase or subscribe for
the units, as the expression may be varied in that member state by any measure implementing the Prospectus Directive in that member state,
and the expression &ldquo;Prospectus Directive&rdquo; means Directive 2003/71/EC (and amendments thereto, including the PD 2010 Amending
Directive to the extent implemented by the relevant member state) and includes any relevant implementing measure in each relevant member
state, and the expression 2010 PD Amending Directive means Directive 2010/73/EU.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have not authorized and do not authorize the making
of any offer of securities through any financial intermediary on their behalf, other than offers made by the underwriters with a view
to the final placement of the units as contemplated in this prospectus. Accordingly, no purchaser of the units, other than the underwriters,
is authorized to make any further offer of the units on behalf of us or the underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in Switzerland</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The shares may not be publicly offered in Switzerland
and will not be listed on the SIX Swiss Exchange (&ldquo;SIX&rdquo;) or on any other stock exchange or regulated trading facility in
Switzerland. This document has been prepared without regard to the disclosure standards for issuance prospectuses under art. 652a or
art. 1156 of the Swiss Code of Obligations or the disclosure standards for listing prospectuses under art. 27 ff. of the SIX Listing
Rules or the listing rules of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">any other stock exchange or regulated trading facility
in Switzerland. Neither this document nor any other offering or marketing material relating to the shares or the offering may be publicly
distributed or otherwise made publicly available in Switzerland.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Neither this document nor any other offering or marketing
material relating to the offering, the Company or the shares have been or will be filed with or approved by any Swiss regulatory authority.
In particular, this document will not be filed with, and the offer of shares will not be supervised by, the Swiss Financial Market Supervisory
Authority FINMA (FINMA), and the offer of shares has not been and will not be authorized under the Swiss Federal Act on Collective Investment
Schemes (&ldquo;CISA&rdquo;). The investor protection afforded to acquirers of interests in collective investment schemes under the CISA
does not extend to acquirers of shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in the United
Kingdom</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This prospectus is only being distributed to, and
is only directed at, persons in the United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus
Directive that are also (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the &ldquo;Order&rdquo;) or (ii) high net worth entities, and other persons to whom it may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as a &ldquo;relevant person&rdquo;).
The units are only available to, and any invitation, offer or agreement to purchase or otherwise acquire such units will be engaged in
only with, relevant persons. This prospectus and its contents are confidential and should not be distributed, published or reproduced
(in whole or in part) or disclosed by recipients to any other persons in the United Kingdom. Any person in the United Kingdom that is
not a relevant person should not act or rely on this document or any of its contents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in France</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Neither this prospectus nor any other offering material
relating to the units described in this prospectus has been submitted to the clearance procedures of the Autorit&#xe9; des March&#xe9;s
Financiers or by the competent authority of another member state of the European Economic Area and notified to the Autorit&#xe9; des
March&#xe9;s Financiers. The units have not been offered or sold and will not be offered or sold, directly or indirectly, to the public
in France. Neither this prospectus nor any other offering material relating to the units has been or will be:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">released, issued, distributed or caused to be released, issued or distributed to the public in France;
    or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">used in connection with any offer for subscription or sale of the units to the public in France.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Such offers, sales and distributions will be made
in France only:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">to qualified investors (investisseurs qualifi&#xe9;s) and/or to a restricted circle of investors
    (cercle restreint d&rsquo;investisseurs), in each case investing for their own account, all as defined in, and in accordance with,
    Article L.411-2, D.411-1, D.411-2, D.734-1, D.744-1, D.754-1 and D.764-1 of the French Code mon&#xe9;taire et financier;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">to investment services providers authorized to engage in portfolio management on behalf of third
    parties; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">in a transaction that, in accordance with article L.411-2-II-1&#xb0;-or-2&#xb0;-or 3&#xb0; of the
    French Code mon&#xe9;taire et financier and article 211-2 of the General Regulations (R&#xe8;glement G&#xe9;n&#xe9;ral) of the Autorit&#xe9;
    des March&#xe9;s Financiers, does not constitute a public offer (appel public &#xe0; l&rsquo;&#xe9;pargne).</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The units may be resold directly or indirectly, only
in compliance with Articles L.411-1, L.411-2, L.412-1 and L.621-8 through L.621-8-3 of the French Code mon&#xe9;taire et financier.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in Hong Kong</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The units may not be offered or sold in Hong Kong
by means of any document other than (i) in circumstances which do not constitute an offer to the public within the meaning of the Companies
Ordinance (Cap. 32, Laws of Hong Kong), (ii) to &ldquo;professional investors&rdquo; within the meaning of the Securities and Futures
Ordinance (Cap. 571, Laws of Hong Kong) and any rules made thereunder, or (iii) in other circumstances which do not result in the document
being a &ldquo;prospectus&rdquo; within the meaning of the Companies Ordinance (Cap. 32, Laws of Hong Kong) and no advertisement,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">invitation or document relating to the units may
be issued or may be in the possession of any person for the purpose of issue (in each case whether in Hong Kong or elsewhere), which
is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so
under the laws of Hong Kong) other than with respect to units which are or are intended to be disposed of only to persons outside Hong
Kong or only to &ldquo;professional investors&rdquo; within the meaning of the Securities and Futures Ordinance (Cap. 571, Laws of Hong
Kong) and any rules made thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in Japan</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The units have not been and will not be registered
under the Financial Instruments and Exchange Law of Japan (Law No. 25 of 1948, as amended) and, accordingly, will not be offered or sold,
directly or indirectly, in Japan, or for the benefit of any Japanese Person or to others for re-offering or resale, directly or indirectly,
in Japan or to any Japanese Person, except in compliance with all applicable laws, regulations and ministerial guidelines promulgated
by relevant Japanese governmental or regulatory authorities in effect at the relevant time. For the purposes of this paragraph, &ldquo;Japanese
Person&rdquo; shall mean any person resident in Japan, including any corporation or other entity organized under the laws of Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Notice to Prospective Investors in Singapore</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This prospectus has not been registered as a prospectus
with the Monetary Authority of Singapore. Accordingly, this prospectus and any other document or material in connection with the offer
or sale, or invitation for subscription or purchase, of the units may not be circulated or distributed, nor may the units be offered
or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore
other than (i) to an institutional investor under Section&nbsp;274 of the Securities and Futures Act, Chapter 289 of Singapore (the &ldquo;SFA&rdquo;),
(ii) to a relevant person pursuant to Section&nbsp;275(1), or any person pursuant to Section&nbsp;275(1A), and in accordance with the
conditions specified in Section&nbsp;275 of the SFA or (iii) otherwise pursuant to, and in accordance with the conditions of, any other
applicable provision of the SFA, in each case subject to compliance with conditions set forth in the SFA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Where the units are subscribed or purchased under
Section&nbsp;275 of the SFA by a relevant person that is:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">a corporation (which is not an accredited investor (as defined in Section&nbsp;14A of the SFA)) the
    sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of
    whom is an accredited investor, or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments
    and each beneficiary of the trust is an individual who is an accredited investor, shares, debentures and units of shares and debentures
    of that corporation or the beneficiaries&rsquo; rights and interest (howsoever described) in that trust shall not be transferred
    within six months after that corporation or that trust has acquired the shares pursuant to an offer made under Section&nbsp;275 of
    the SFA except:</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">to an institutional investor (for corporations, under Section&nbsp;274 of the SFA) or to a relevant
    person defined in Section&nbsp;275(2) of the SFA, or to any person pursuant to an offer that is made on terms that such shares, debentures
    and units of shares and debentures of that corporation or such rights and interest in that trust are acquired at a consideration
    of not less than S$200,000 (or its equivalent in a foreign currency) for each transaction, whether such amount is to be paid for
    in cash or by exchange of securities or other assets, and further for corporations, in accordance with the conditions specified in
    Section&nbsp;275 of the SFA;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">where no consideration is or will be given for the transfer; or</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">where the transfer is by operation of law.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_018"></A>LEGAL MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0">Graubard Miller, New York, New York, is acting as
counsel in connection with the registration of our securities under the Securities Act, and as such, will pass upon the validity of the
securities offered in this prospectus with respect to the units and the warrants. Maples and Calder (Cayman) LLP, Cayman Islands, will
pass upon the validity of the securities offered in this prospectus with respect to the ordinary shares and matters of Cayman Islands
law. Loeb &amp; Loeb LLP, New York, New York, is acting as counsel to the underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_019"></A>EXPERTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The financial statements of Legato Merger Corp. III
at November&nbsp;30, 2023, and for the period from November&nbsp;6, 2023 (inception) through November&nbsp;30, 2023, included in this
prospectus have been audited by WithumSmith+Brown, PC, independent registered public accounting firm, as set forth in their report thereon,
appearing elsewhere in this prospectus, and are included in reliance on such report given upon such firm as experts in auditing and accounting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_020"></A>WHERE YOU CAN FIND ADDITIONAL
INFORMATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have filed with the SEC a registration statement
on Form S-1 under the Securities Act with respect to the securities we are offering by this prospectus. This prospectus does not contain
all of the information included in the registration statement. For further information about us and our securities, you should refer
to the registration statement and the exhibits and schedules filed with the registration statement. Whenever we make reference in this
prospectus to any of our contracts, agreements or other documents, the references are materially complete but may not include a description
of all aspects of such contracts, agreements or other documents, and you should refer to the exhibits attached to the registration statement
for copies of the actual contract, agreement or other document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the date of this prospectus, we are subject
to the information requirements of the Exchange Act and will file annual, quarterly and current event reports, proxy statements and other
information with the SEC. You can read our SEC filings, including the registration statement, over the Internet at the SEC&rsquo;s website
at <I>www.sec.gov</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="a_021"></A>LEGATO MERGER CORP. III<BR>INDEX
TO FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; width: 90%">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; text-align: center; vertical-align: bottom"><B>PAGE</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; background-color: #CCEEFF"><A HREF="#b_001">Report
    of Independent Registered Public Accounting Firm</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; text-align: center; vertical-align: bottom">F-2</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><B>Financial
    Statements:</B></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; background-color: #CCEEFF"><A HREF="#b_003">Balance
    Sheet</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; text-align: center; vertical-align: bottom">F-3</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><A HREF="#b_004">Statement
    of Operations</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center; vertical-align: bottom">F-4</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; background-color: #CCEEFF"><A HREF="#b_005">Statement
    of Changes in Shareholders&rsquo; Equity</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; text-align: center; vertical-align: bottom">F-5</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top"><A HREF="#b_006">Statement
    of Cash Flows</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: center; vertical-align: bottom">F-6</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: top; background-color: #CCEEFF"><A HREF="#b_007">Notes
    to Financial Statements</A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; text-align: center; vertical-align: bottom">F-7
    &ndash; F-16</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_001"></A>REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
the Shareholders and the Board of Directors of</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Legato
Merger Corp. III:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Opinion
on the Financial Statements</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have audited the accompanying balance sheet of Legato Merger Corp. III (the &ldquo;Company&rdquo;) as of November 30, 2023, the related
statements of operations, changes in shareholders&rsquo; equity and cash flows for the period from November 6, 2023 (inception) through
November 30, 2023, and the related notes (collectively referred to as the &ldquo;financial statements&rdquo;). In our opinion, the financial
statements present fairly, in all material respects, the financial position of the Company as of November 30, 2023, and the results of
its operations and its cash flows for the period from November 6, 2023 (inception) through November 30, 2023, in conformity with accounting
principles generally accepted in the United States of America.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Basis
for Opinion</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">These
financial statements are the responsibility of the Company&rsquo;s management. Our responsibility is to express an opinion on the Company&rsquo;s
financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board
(United States) (the &ldquo;PCAOB&rdquo;) and are required to be independent with respect to the Company in accordance with the U.S.
federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company
is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit,
we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion
on the effectiveness of the Company&rsquo;s internal control over financial reporting. Accordingly, we express no such opinion.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our
audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or
fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding
the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides
a reasonable basis for our opinion.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">/s/ WithumSmith+Brown, PC</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
have served as the Company&rsquo;s auditor since 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">New
York, New York</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">January
23, 2024</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_003"></A>LEGATO MERGER CORP. III<BR>BALANCE
SHEET</B><BR><B>November&nbsp;30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; width: 88%">ASSETS</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-style: normal; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: normal; text-align: left">Prepaid
    expense</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">19,868</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Deferred offering
    costs</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,738</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total
    assets</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">23,606</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">LIABILITIES AND
    SHAREHOLDERS&rsquo; EQUITY</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Current liabilities:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Accounts payable and accrued expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">3,238</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Notes payable
    to shareholder</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">12,500</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Total
    current liabilities</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">15,738</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Commitments and
    contingencies</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Shareholders&rsquo;
    equity:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Preference shares, $0.0001 par value;
    1,000,000 shares authorized; none issued or outstanding</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Ordinary shares, $0.0001 par value;
    200,000,000 shares authorized; 5,118,750 shares issued and outstanding<SUP>(1)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">512</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Additional paid-in capital</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">24,988</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Accumulated
    deficit</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 1pt">Total
    shareholders&rsquo; equity</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">7,868</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total
    liabilities and shareholders&rsquo; equity</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">23,606</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">This number includes an aggregate of 656,250 ordinary shares subject to forfeiture by the initial
    shareholders to the extent that the underwriters&rsquo; over-allotment option is not exercised in full.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">The accompanying notes are an integral part of these
financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_004"></A>LEGATO MERGER CORP. III<BR>STATEMENT
OF OPERATIONS<BR>FOR THE PERIOD FROM NOVEMBER 6, 2023 (INCEPTION) THROUGH NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left; padding-bottom: 1pt">Formation
    costs</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 9%; text-align: right">17,632</TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Net loss</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Weighted average
    shares outstanding, basic and diluted<SUP>(1)</SUP></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">2,789,063</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Basic and
    diluted net loss per ordinary share</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(0.01</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">Excludes an aggregate of 656,250 ordinary shares subject to forfeiture by the initial shareholders
    to the extent that the underwriters&rsquo; over-allotment option is not exercised in full.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">The accompanying notes are an integral part of these
financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="b_005"></A>LEGATO MERGER CORP. III<BR>STATEMENT
OF CHANGES IN SHAREHOLDERS&rsquo; EQUITY<BR>FOR THE PERIOD FROM NOVEMBER 6, 2023 (INCEPTION) THROUGH NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Ordinary Shares</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-weight: bold; text-align: center">Additional<BR>Paid-In</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-weight: bold; text-align: center">Accumulated</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-weight: bold; text-align: center">Shareholders&rsquo;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Shares</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Amount</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; font-weight: bold; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Capital</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><B>Deficit</B></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><B>Equity</B></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Balance at November&nbsp;6,
    2023 (inception)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><B>$</B></TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><B>$</B></TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><B>$</B></TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left"><B>$</B></TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 40%; text-align: left">Ordinary shares issued
    to initial shareholders<B><SUP>(1)</SUP></B></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">5,031,250</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">503</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">24,497</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">-</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: right">25,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Issuance of Representative Founder
    Shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">87,500</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">491</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">500</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Net loss</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 2.5pt">Balance
    at November&nbsp;30, 2023</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">5,118,750</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">512</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">24,988</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">(17,632</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">)</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">7,868</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">(1)</TD>
    <TD STYLE="text-align: justify">This number includes an aggregate of 656,250 ordinary shares subject to forfeiture by the initial
    shareholders to the extent that the underwriters&rsquo; over-allotment option is not exercised in full.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part of
these financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 131; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B><A NAME="b_006"></A>LEGATO
MERGER CORP. III<BR>STATEMENT OF CASH FLOWS<BR>FOR THE PERIOD FROM NOVEMBER 6, 2023 (INCEPTION) THROUGH NOVEMBER&nbsp;30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Cash flow from
    operating activities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; width: 88%; text-align: left">Net loss</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">(17,632</TD>
    <TD STYLE="width: 1%; text-align: left">)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; text-align: left">Change in operating assets and liabilities:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.375in; vertical-align: top; text-align: left">Prepaid expenses</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">17,632</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left; padding-bottom: 1pt">Net
    cash used in operating activities</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Net increase in
    cash and cash equivalents</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 1pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Cash at beginning
    of period</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Cash
    at end of period</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">-</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; font-weight: bold; text-align: left">Supplemental disclosure
    of non-cash financing activities:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; text-align: left">Formation costs paid by insider for
    the issuance of Founder Shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">25,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; text-align: left">Issuance of Representative Founder
    Shares (Note 7)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">500</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; text-align: left">Deferred offering costs included in
    accrued offering costs</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">3,238</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.25in; vertical-align: top; text-align: left">Notes payable-related party paid for
    legal expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">12,500</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The accompanying notes are an integral part of
these financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="b_007"></A>LEGATO MERGER CORP. III<BR>NOTES
TO FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 1 &mdash; Organization and Plan of Business
Operations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Legato Merger Corp. III (the &ldquo;Company&rdquo;)
was incorporated as an exempted company in the Cayman Islands on November&nbsp;6, 2023 with the objective to acquire, through a merger,
share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination, one or more
businesses or entities (a &ldquo;Business Combination&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">At November 30, 2023, the Company had not yet
commenced any operations. All activity from November 6, 2023 (inception) through November 30, 2023 relates to the Company&rsquo;s formation
and the proposed public offering described below. The Company will not generate any operating revenues prior to the completion of the
Business Combination, at the earliest, and will generate non-operating income on permitted investments from the proceeds derived from
the Proposed Public Offering. The Company has selected November 30 as its fiscal year-end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s ability to commence operations
is contingent upon obtaining adequate financial resources through a proposed public offering of up to 17,500,000 units at $10.00 per
unit (or 20,125,000 units if the underwriters&rsquo; over-allotment option is exercised in full) (&ldquo;Units&rdquo;), which is discussed
in Note 3 (&ldquo;Proposed Public Offering&rdquo;). The holders of the Founder Shares (defined in Note 6) have committed, and BTIG, LLC
(&ldquo;BTIG&rdquo;) and the other underwriters in the Proposed Public Offering will commit at the time of the Proposed Public Offering,
that simultaneously with the consummation of the Proposed Public Offering, they and/or their designees will purchase 522,813 placement
units (or 555,625 units if the underwriters&rsquo; over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate
purchase price of approximately $5.228 million (or approximately $5.556 million, if the underwriters&rsquo; over-allotment option is
exercised in full) (&ldquo;Private Units&rdquo;). All of the proceeds the Company receives from the sale of Private Units will be placed
in the trust account described below. The Company&rsquo;s management has broad discretion with respect to the specific application of
the net proceeds of this Proposed Public Offering and the sale of Private Units, although substantially all of the net proceeds are intended
to be applied generally toward consummating a Business Combination. The Company intends to apply to have the Units listed on the New
York Stock Exchange (&ldquo;NYSE&rdquo;). Pursuant to the NYSE listing rules, the Company&rsquo;s initial Business Combination must be
with a target business or businesses whose collective fair market value is at least equal to 80% of the balance in the trust account
at the time of the execution of a definitive agreement for such Business Combination (net of amounts previously disbursed to management
for tax obligations and working capital purposes and excluding the amount of deferred underwriting discounts held in the Trust Account),
although this may entail simultaneous acquisitions of several target businesses. There is no assurance that the Company will be able
to effect a Business Combination successfully.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Upon the closing of the Proposed Public Offering,
management has agreed that certain of the proceeds from the Units sold in the Proposed Public Offering and the proceeds of the private
placements of the Private Units, will be held in a United States-based trust account (&ldquo;Trust Account&rdquo;) and held as cash items
(including in demand deposit accounts) or invested in United States government treasury bills, bonds or notes, having a maturity of 185
days or less or in money market funds meeting certain conditions under Rule&nbsp;2a-7 promulgated under the Investment Company Act until
the earlier of (i) the consummation of the Company&rsquo;s initial Business Combination (ii) the redemption of any ordinary shares included
in the Units being sold in the Proposed Public Offering that have been properly tendered in connection with a shareholder vote to amend
the Company&rsquo;s memorandum and articles of association to modify the substance or timing of its obligation to redeem 100% of such
ordinary shares if it does not complete the Initial Business Combination within 24 months from the closing of the Proposed Public Offering
(or 27 months from the closing of the Proposed Public Offering if the Company has executed a letter of intent, agreement in principle
or definitive agreement for an initial Business Combination within 24 months from the closing of the Proposed Public Offering); and (iii)
the Company&rsquo;s failure to consummate a Business Combination within the prescribed time. Placing funds in the Trust Account may not
protect those funds from third party claims against the Company. Although the Company will seek to have all vendors, service providers
(except the Company&rsquo;s independent registered public accounting firm), prospective target businesses or other entities it engages,
execute agreements with the Company waiving any claim of any kind in or to any monies held in the Trust Account, there is no guarantee
that such persons will execute such agreements. An entity affiliated with the Company&rsquo;s Chief SPAC Officer has agreed that it will
be liable under certain circumstances to ensure that the proceeds in the Trust Account are not reduced by the claims of target businesses
or vendors or other entities that are owed money by the Company for services rendered, contracted for or products sold to the Company.
There can be no assurance that it will be able to satisfy those obligations should they arise. The remaining net proceeds (not held in
the Trust Account) may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general
and administrative expenses. Additionally, certain interest earned on the Trust Account balance may be released to the Company to pay
the Company&rsquo;s tax obligations and trust administration expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 1 &mdash; Organization and Plan of Business
Operations </B>(cont.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company, after signing a definitive agreement
for the acquisition of a target business, is required to provide shareholders who acquired ordinary shares sold as part of the units
in this offering (&ldquo;Public Shares&rdquo;) in the Proposed Public Offering (&ldquo;Public Shareholders&rdquo;) with the opportunity
to convert their Public Shares for a pro rata share of the Trust Account. The holders of the Founder Shares will agree to vote any shares
they then hold in favor of any proposed Business Combination and will waive any conversion rights with respect to these shares and the
shares included in the Private Units pursuant to letter agreements to be executed in connection with the Proposed Public Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with any proposed Business Combination,
the Company will seek shareholder approval of an initial Business Combination at a meeting called for such purpose at which Public Shareholders
may seek to convert their Public Shares, regardless of whether they vote for or against the proposed Business Combination. Alternatively,
the Company may conduct a tender offer and allow conversions in connection therewith. If the Company seeks shareholder approval of an
initial Business Combination, any Public Shareholder voting either for or against such proposed Business Combination or not voting at
all will be entitled to demand that his Public Shares be converted into a full pro rata portion of the amount then in the Trust Account
(initially $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to
the Company or necessary to pay its taxes and trust administration expenses). Holders of warrants sold as part of the Units will not
be entitled to vote on the Proposed Business Combination and will have no conversion or liquidation rights with respect to the ordinary
shares underlying such warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">Pursuant to the Company&rsquo;s Memorandum and
Articles of Association to be in effect upon consummation of the Proposed Public Offering, if the Company is unable to complete its initial
Business Combination within 24 months from the closing of the Proposed Public Offering (or 27 months from the closing of the Proposed
Public Offering if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business
combination within 24 months from the closing of the Proposed Public Offering) and such date is not otherwise extended by shareholders,
the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more
than ten business days thereafter, redeem 100% of the outstanding public shares and (iii) as promptly as reasonably possible following
such redemption, subject to the approval of the remaining holders of ordinary shares and the Company&rsquo;s board of directors, liquidate
and dissolve. The warrants will expire on liquidation of the Trust Account and the holders of warrants will receive no proceeds in connection
with the liquidation. The holders of the Founder Shares and the holders of Private Units will not participate in any redemption distribution
with respect to their Founder Shares and Private Units, including the ordinary shares included in the Private Units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the Company is unable to complete its initial
Business Combination and expends all of the net proceeds of the Proposed Public Offering not deposited in the Trust Account, without
taking into account any interest earned on the Trust Account, the Company expects that the initial per-share redemption price for ordinary
shares will be $10.00. The proceeds deposited in the Trust Account could, however, become subject to claims of the Company&rsquo;s creditors
that are in preference to the claims of the Company&rsquo;s shareholders. In addition, if the Company is forced to file a bankruptcy
or winding up petition or an involuntary bankruptcy or winding up petition is filed against it that is not dismissed, the proceeds held
in the Trust Account could be subject to applicable bankruptcy or insolvency law, and may be included in its bankruptcy or insolvency
estate and subject to the claims of third parties with priority over the claims of the Company&rsquo;s ordinary shareholders. Therefore,
the actual per-share redemption price may be less than approximately $10.00.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 2 &mdash; Summary of Significant Accounting
Policies</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Basis of Presentation</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying financial statements are presented
in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (&ldquo;GAAP&rdquo;) and
pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (&ldquo;SEC&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company does not have sufficient liquidity
to meet its anticipated obligations over the next year from the date of issuance of these financial statements. In connection with the
Company&rsquo;s assessment of going concern considerations in accordance with Accounting Standards Update (&ldquo;ASU&rdquo;) 2014-15,
&ldquo;Disclosures of Uncertainties about an Entity&rsquo;s Ability to Continue as a Going Concern,&rdquo; management has determined
that the Company has access to funds from</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 2 &mdash; Summary of Significant Accounting
Policies </B>(cont.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">certain of the holders of Founder Shares, and
such individuals have the financial ability to provide such funds, that are sufficient to fund the working capital needs of the Company
until the earlier of the consummation of the Proposed Public Offering or in excess of one year from the date of issuance of these financial
statements, which includes $50,000 in the form of a promissory note from an officer of the Company payable on the earlier of December
31, 2024, or the date on which the Company consummates the Proposed Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Cash and Cash Equivalents</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company considers all short-term investments
with an original maturity of three months or less when purchased to be cash equivalents. As of November&nbsp;30, 2023, there were no
cash equivalents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Emerging Growth Company</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is an &ldquo;emerging growth company,&rdquo;
as defined in Section&nbsp;2(a) of the Securities Act of 1933, as amended, (the &ldquo;Securities Act&rdquo;), as modified by the Jumpstart
Our Business Startups Act of 2012 (the &ldquo;JOBS Act&rdquo;), and it may take advantage of certain exemptions from various reporting
requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not
being required to comply with the auditor attestation requirements of Section&nbsp;404 of the Sarbanes-Oxley Act, reduced disclosure
obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding
a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, section&nbsp;102(b)(1) of the JOBS Act
exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies
(that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered
under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company
can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but
any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that
when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging
growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make
comparison of the Company&rsquo;s financial statements with another public company which is neither an emerging growth company nor an
emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential
differences in accountant standards used.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Concentration of Credit Risk</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject
the Company to concentration of credit risk consist of a cash account in a financial institution which, at times, may exceed the Federal
Deposit Insurance Corporation coverage of $250,000. Any loss incurred or a lack of access to such funds could have a significant adverse
impact on the Company&rsquo;s financial condition, results of operations and cash flows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Fair Value of Financial Instruments</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The fair value of the Company&rsquo;s assets
and liabilities, which qualify as financial instruments under Accounting Standards Codification (&ldquo;ASC&rdquo;) Topic 820, &ldquo;Fair
Value Measurements and Disclosures,&rdquo; approximates the carrying amounts represented in the accompanying balance sheet, primarily
due to their short-term nature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Income Taxes</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company follows the asset and liability method
of accounting for income taxes under ASC 740, &ldquo;Income Taxes.&rdquo; Deferred tax assets and liabilities are recognized for the
estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and
liabilities and their respective tax bases.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 2 &mdash; Summary of Significant Accounting
Policies </B>(cont.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered
or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included
the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be
realized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">ASC 740 prescribes a recognition threshold and
a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax
return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities.
The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized
tax benefits and no amounts accrued for interest and penalties as of November 30, 2023. The Company is currently not aware of any issues
under review that could result in significant payments, accruals, or material deviation from its position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There is currently no taxation imposed on income
by the Government of the Cayman Islands. In accordance with Cayman Islands&rsquo; income tax regulations, income taxes are not levied
on the Company. Consequently, income taxes are not reflected in the Company&rsquo;s financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Net Loss per Ordinary Share</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Net loss per share is computed by dividing net
loss by the weighted average number of ordinary shares outstanding during the period, excluding ordinary shares subject to forfeiture.
Weighted average shares were reduced for the effect of an aggregate of 656,250 ordinary shares that are subject to forfeiture if the
over-allotment option is not exercised by the underwriters (see Note 5). At November&nbsp;30, 2023, the Company did not have any dilutive
securities and other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings
of the Company. As a result, diluted loss per share is the same as basic loss per share for the period presented.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">The Company complies with the requirements of
the ASC 340-10-S99 and SEC Staff Accounting Bulletin (&ldquo;SAB&rdquo;) Topic 5A, &ldquo;Expenses of Offering.&rdquo; Deferred offering
costs consist principally of professional and registration fees that are related to the Proposed Public Offering. Financial Accounting
Standards Board (&ldquo;FASB&rdquo;) ASC 470-20, &ldquo;Debt with Conversion and Other Options,&rdquo; addresses the allocation of proceeds
from the issuance of convertible debt into its equity and debt components. The Company applies this guidance to allocate Proposed Public
Offering proceeds from the Units between ordinary shares and warrants, using the residual method by allocating Proposed Public Offering
proceeds first to assigned value of the warrants and then to the ordinary shares. Offering costs allocated to the ordinary shares will
be charged to temporary equity and offering costs allocated to the Public and Private Placement Warrants will be charged to shareholder&rsquo;s
equity as Public and Private Placement Warrants after management&rsquo;s evaluation will be accounted for under equity treatment. Should
the Proposed Public Offering prove to be unsuccessful, these deferred costs, as well as additional expenses to be incurred, will be charged
to operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Deferred Offering Costs</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company complies with the requirements of
the ASC 340-10-S99 and SEC SAB Topic 5A. Deferred offering costs consist principally of professional and registration fees that are related
to the Proposed Public Offering. FASB ASC 470-20 addresses the allocation of proceeds from the issuance of convertible debt into its
equity and debt components. The Company applies this guidance to allocate Proposed Public Offering proceeds from the Units between ordinary
shares and warrants, using the residual method by allocating Proposed Public Offering proceeds first to assigned value of the warrants
and then to the ordinary shares. Offering costs allocated to the ordinary shares will be charged to temporary equity and offering costs
allocated to the Public and Private Placement Warrants will be charged to shareholder&rsquo;s equity as Public and Private Placement
Warrants after management&rsquo;s evaluation will be accounted for under equity treatment. Should the Proposed Public Offering prove
to be unsuccessful, these deferred costs, as well as additional expenses to be incurred, will be charged to operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Note 2 &mdash; Summary of Significant Accounting
Policies</B> (cont.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Use of Estimates</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity
with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during
the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that
the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which
management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly,
the actual results could differ from those estimates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Recent Accounting Pronouncements</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management does not believe that any recently
issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In August&nbsp;2020, the FASB issued ASU 2020-06,
&ldquo;Debt &mdash; Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging &mdash; Contracts in Entity&rsquo;s
Own Equity (Subtopic 815-40)&rdquo;: Accounting for Convertible Instruments and Contracts in an Entity&rsquo;s Own Equity (&ldquo;ASU
2020-06&rdquo;), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP.
The ASU also removes certain settlement conditions that a required for equity-linked contracts to qualify for the derivative scope exception,
and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on November 6, 2023 (inception)
using a modified retrospective method for transition. Adoption of the ASU did not impact the Company&rsquo;s financial position, results
of operations or cash flows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management does not believe that any other recently
issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company&rsquo;s financial
statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Derivative Financial Instruments</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company evaluates its financial instruments
to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic
815, &ldquo;Derivatives and Hedging&rdquo;. For derivative financial instruments that are accounted for as liabilities, the derivative
instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the
fair value reported in the statements of operations. The classification of derivative instruments, including whether such instruments
should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative liabilities are classified
in the balance sheet as current or non-current based on whether or not net cash settlement or conversion of the instrument could be required
within 12 months of the balance sheet date. The underwriters&rsquo; over-allotment option is deemed to be a freestanding financial instrument
indexed on the contingently redeemable shares and will be accounted for as a liability pursuant to ASC 480 if not fully exercised at
the time of the Initial Public Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Warrant Instruments</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company will account for the Public and Private
Warrants to be issued in connection with the Proposed Public Offering and the private placement in accordance with the guidance contained
in FASB ASC Topic 815, &ldquo;Derivatives and Hedging&rdquo;. Accordingly, the Company evaluated and will classify the warrant instrument
under equity treatment at its assigned value. There are no Public or Private Warrants currently outstanding as of November 30, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES
TO FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 3 &mdash; Proposed Public Offering</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Proposed Public Offering calls for the Company
to offer for public sale up to 17,500,000 Units at a proposed offering price of $10.00 per Unit. In addition, the Company has granted
the underwriters a 45-day option to purchase up to an additional 2,625,000 Units at a price of $10.00 per Unit, solely to cover over-allotments,
if any. Each Unit consists of one of the Company&rsquo;s ordinary shares, $0.0001 par value, and one-half of one redeemable warrant (the
&ldquo;Warrants&rdquo;). Each whole warrant offered in the Proposed Public Offering is exercisable to purchase one ordinary share. Only
whole warrants may be exercised. No fractional shares will be issued upon exercise of the warrants. If, upon exercise of the warrants,
a holder would be entitled to receive a fractional interest in a share, the Company will, upon exercise, round down to the nearest whole
number the number of ordinary shares to be issued to the warrant holder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each Warrant will become exercisable 30 days
after the completion of the Company&rsquo;s initial Business Combination and will expire five years after the completion of the Company&rsquo;s
initial Business Combination or earlier upon redemption; provided that the Warrants will expire earlier if the Company has not completed
an initial Business Combination within the required time period and liquidates the Trust Account in connection therewith. If the Company
is unable to deliver registered ordinary shares to the holder upon exercise of the Warrants during the exercise period, there will be
no net cash settlement of these Warrants and the Warrants will expire worthless, unless they may be exercised on a cashless basis in
the circumstances described in the warrant agreement. Once the warrants become exercisable, the Company may redeem the outstanding warrants
in whole and not in part at a price of $0.01 per warrant upon a minimum of 30 days&rsquo; prior written notice of redemption, only in
the event that the last sale price of the Company&rsquo;s ordinary shares equals or exceeds $18.00 per share for any 20 trading days
within the 30-trading day period commencing once the warrants become exercisable and ending on the third trading day before the Company
sends the notice of redemption to the warrant holders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 4 &mdash; Private Placement Units</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of the Founder Shares (as defined
in Note 6) have committed, and BTIG and the other undewriters in the Proposed Public Offering will commit at the time of the Proposed
Public Offering, to purchase 522,813 Private Units at $10.00 per unit (for an aggregate purchase price of $5,228,130) from the Company
(555,625 Private Units for an aggregate purchase price of $5,556,250 if the overallotment is exercised in full). These purchases will
take place simultaneously with the consummation of the Proposed Public Offering. All of the proceeds received from the sale of the Private
Units will be placed in the Trust Account. The Private Units will be identical to the Units being offered in the Proposed Public Offering,
except that the holders have agreed (i) to vote the ordinary shares included therein in favor of any proposed Business Combination, (ii)
not to convert any ordinary shares included therein into the right to receive cash from the Trust Account in connection with a shareholder
vote to approve the proposed initial Business Combination or in connection with certain amendments to the Charter prior to a Business
Combination and (iii) that the ordinary shares included therein shall not participate in any liquidating distribution upon winding up
if a Business Combination is not consummated. Additionally, the holders have agreed not to transfer, assign or sell any of the units
or underlying securities (except to certain permitted transferees) until the completion of the initial Business Combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of the Founder Shares, Representative
Shares and Private Units (or underlying ordinary shares) will be entitled to registration rights with respect to such securities pursuant
to an agreement to be signed prior to or on the effective date of the Proposed Public Offering. The holders of the majority of the Founder
Shares are entitled to demand that the Company register these shares at any time commencing three months prior to the first anniversary
of the consummation of a Business Combination. The holders of the Representative Founder Shares (as defined in Note 7) and Private Units
(or underlying ordinary shares) are entitled to demand that the Company register these securities at any time after the Company consummates
a Business Combination. In addition, the holders have certain &ldquo;piggyback&rdquo; registration rights on registration statements
filed after the Company&rsquo;s consummation of a Business Combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 5 &mdash; Commitments and Contingencies</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Risks and Uncertainties</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management is evaluating the impact of the COVID-19
pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company&rsquo;s
financial position, results of its operations, close of the Proposed Public Offering and/or search for a target company, the specific
impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Registration Rights</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of the Founder Shares (as defined
in Note 6) and Representative Founder Shares (as defined in Note 7), as well as the holders of the Private Units and any units that may
be issued in payment of Working Capital Loans made to Company, will be entitled to registration rights pursuant to an agreement to be
signed prior to or on the effective date of the Proposed Public Offering. The holders of a majority of these securities are entitled
to make up to three demands that the Company register such securities. The holders of the majority of the Founder Shares can elect to
exercise these registration rights at any time commencing three months prior to the date on which the transfer restrictions applicable
to these ordinary shares cease. The holders of a majority of the Representative Shares, Private Units and units issued in payment of
Working Capital Loans (or underlying securities) can elect to exercise these registration rights at any time after the Company consummates
a business combination. Notwithstanding anything to the contrary, the underwriters may only make a demand on one occasion and only during
the five-year period beginning on the effective date of the Proposed Public Offering. In addition, the holders have certain &ldquo;piggyback&rdquo;
registration rights with respect to registration statements filed subsequent to the consummation of a Business Combination; provided,
however, that the underwriters may participate in a &ldquo;piggyback&rdquo; registration only during the seven-year period beginning
on the effective date of the Proposed Public Offering. The Company will bear the expenses incurred in connection with the filing of any
such registration statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Underwriting Agreement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company will grant the underwriters a 45-day
option from the date of Proposed Public Offering to purchase up to 2,625,000 additional Units to cover over-allotments, if any, at the
Proposed Public Offering price less the underwriting discounts and commissions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The underwriters will be entitled to a cash underwriting
discount of 2.00% of the gross proceeds of the Proposed Public Offering, or $3,500,000 (or up to $4,025,000 if the underwriters&rsquo;
over-allotment is exercised in full), payable upon the closing of the Proposed Public Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">BTIG will also be entitled to a deferred underwriting
commission of up to 3.5% of the gross proceeds of the Proposed Offering, or up to $6,125,000, or up to up to $7,043,750 if the over-allotment
option is exercised in full. The deferred underwriting commission will be placed in the Trust Account upon consummation of the Proposed
Public Offering and will be released to BTIG only on completion of an initial Business Combination. The deferred commissions will be
payable as follows: $0.10 per share sold in the Proposed Public Offering shall be paid to BTIG in cash on the closing of the Business
Combination, (ii) up to $0.15 per share sold in the Proposed Public Offering shall be paid to BTIG in cash, based on the percentage of
funds remaining in the Trust Account after redemptions of public shares and (iii) $0.10 per share sold in the Proposed Public Offering
shall be paid to BTIG in cash or shares (valued at $10.00 per share), at the Company&rsquo;s sole option (the &ldquo;Allocable Amount&rdquo;),
provided that the Company has the right, in its sole and absolute discretion, to reallocate any portion of the Allocable Amount to third
parties not participating in the Proposed Public Offering (but who are members of the Financial Industry Regulatory Authority (&ldquo;FINRA&rdquo;)
that assist the Company in consummating the initial Business Combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The underwriters have agreed to make a payment
to the Company in an amount equal to $1,312,500, or $1,509,375 if the over-allotment option is exercised in full, to reimburse the Company
for certain expenses in connection with the Proposed Public Offering and for expenses to be incurred by the Company following the Proposed
Public Offering as a public company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 6 &mdash; Related Party Transactions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Founders Shares</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In November&nbsp;2023, the Company issued an
aggregate of 5,031,250 ordinary shares (the &ldquo;Founder Shares&rdquo;) for an aggregate purchase price of $25,000, to cover legal
expenses of the Company. The Founder Shares include an aggregate of up to 656,250 shares subject to forfeiture by the holders to the
extent that the over-allotment is not exercised in full or in part, so that the holders will collectively own 20% of the Company&rsquo;s
issued and outstanding shares after the Proposed Public Offering (assuming the initial shareholders do not purchase any Public Shares
in the Proposed Public Offering and excluding the Representative Founder Shares (as defined in Note 7) and shares included in the Private
Units).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of the Founder Shares will agree
not to transfer, assign or sell any of the Founder Shares (except to certain permitted transferees) until (i) the earlier of 180 days
after the completion of a Business Combination and the date on which the closing price of the ordinary shares equals or exceeds $12.50
per share (as adjusted for share splits, share capitalizations, reorganizations and recapitalizations) for any 20 trading days within
any 30-trading day period commencing after a Business Combination and (ii) if, subsequent to a Business Combination, the Company completes
a liquidation, merger, share exchange or other similar transaction which results in all of the Company&rsquo;s shareholders having the
right to exchange their ordinary shares for cash, securities or other property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Promissory Note &mdash; Related
Party</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On November&nbsp;15, 2023, Eric Rosenfeld, the
Company&rsquo;s Chief SPAC Officer, issued a $50,000 principal amount unsecured promissory note to the Company. The note is non-interest
bearing and payable on the earlier of (i) December&nbsp;31, 2024, (ii) the consummation of the Proposed Public Offering or (iii) the
date on which the Company determines not to proceed with the Proposed Public Offering. Due to the short-term nature of the note, the
fair value of the note approximates the carrying amount. The Company has not yet set up an operating account to receive this note. As
of November 30, 2023, the Company has drawn $12,500 from this promissory note and will receive $37,500 when the bank account is set up.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Administrative Service Agreement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company presently occupies office space provided
by an entity controlled by Crescendo Advisors II, LLC. Such entity will agree that until the Company consummates a Business Combination,
it will make such office space, as well as general and administrative services including utilities and administrative support, available
to the Company as may be required by the Company from time to time. The Company will agree to pay an aggregate of $20,000 per month to
Crescendo Advisors II, LLC, an entity controlled by a related party, for such services commencing on the effective date of the Proposed
Public Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Working Capital Loans</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In order to finance transaction costs in connection
with a Business Combination, the holders of the Founder Shares, the Company&rsquo;s officers and directors or their affiliates may, but
are not obligated to, loan the Company funds from time to time or at any time, as may be required (&ldquo;Working Capital Loans&rdquo;).
Each Working Capital Loan would be evidenced by a promissory note. The Working Capital Loans would either be paid upon consummation of
a Business Combination, without interest, or, at the holder&rsquo;s discretion, up to $1,500,000 of the notes may be converted into units
at a price of $10.00 per unit. These units would be identical to the Private Units. In the event that a Business Combination does not
close, the Company may use a portion of the proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds
held in the Trust Account would be used to repay the Working Capital Loans. As of November&nbsp;30, 2023, no Working Capital Loans were
outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>LEGATO MERGER CORP. III<BR>NOTES
TO FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 7 &mdash; Shareholders&rsquo; Equity</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Preference Shares</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is authorized to issue 1,000,000
preference shares with a par value of $0.0001 per share with such designation, rights and preferences as may be determined from time
to time by the Company&rsquo;s board of directors. As of November&nbsp;30, 2023, there are no preference shares issued or outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Ordinary Shares</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is authorized to issue 200,000,000
ordinary shares with a par value of $0.0001 per share. As of November&nbsp;30, 2023, 5,118,750 ordinary shares were issued and outstanding,
comprised of 87,500 Representative Founder Shares (as defined below) and 5,031,250 Founder Shares, of which 656,250 shares are subject
to forfeiture to the extent that the over-allotment option is not exercised in full so that the holders of the Founder Shares will own
20% of the issued and outstanding ordinary shares after the Proposed Public Offering (excluding the Representative Founder Shares and
shares included in the Private Units).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All of the Founder Shares will be subject to
transfer restrictions until the earlier of one year after the date of the consummation of an initial Business Combination and the date
on which the closing price of the ordinary shares exceeds $12.50 per share for any 20 trading days within a 30-trading day period following
the consummation of an initial Business Combination, or earlier if, subsequent to the Company&rsquo;s initial Business Combination, the
Company consummates a subsequent liquidation, merger, share exchange or other similar transaction which results in all of the Company&rsquo;s
shareholders having the right to exchange their ordinary shares for cash, securities or other property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Representative Founder Shares</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has issued to the designees of BTIG
87,500 ordinary shares (the &ldquo;Representative Founder Shares&rdquo;) for a nominal consideration. The Company accounted for the Representative
Founder Shares as an offering cost of the Proposed Public Offering, with a corresponding credit to shareholders&rsquo; equity. The Company
estimated the fair value of Representative Founder Shares to be $500 based upon the price of the Founder Shares issued to the holders
of such shares. The holders of the Representative Founder Shares have agreed not to transfer, assign or sell any such shares until the
completion of a Business Combination. In addition, the holders have agreed (i) to waive their redemption rights with respect to such
shares in connection with the completion of a Business Combination and (ii) to waive their rights to liquidating distributions from the
Trust Account with respect to such shares if the Company fails to complete a Business Combination within the Combination Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Representative Founder Shares have been deemed
compensation by FINRA and are therefore subject to a lock-up for a period of 180 days immediately following the effective date of the
registration statement related to the Proposed Offering pursuant to Rule&nbsp;5110(e)(1) of FINRA&rsquo;s NASD Conduct Rules. Pursuant
to FINRA Rule&nbsp;5110(e)(1), these securities will not be the subject of any hedging, short sale, derivative, put or call transaction
that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the effective
date of the registration statement related to the Proposed Public Offering, nor may they be sold, transferred, assigned, pledged or hypothecated
for a period of 180 days immediately following the effective date of the registration statement related to the Proposed Public Offering
except to any underwriter and selected dealer participating in the Proposed Public Offering and their bona fide officers or partners.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><B><I>Warrants</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Warrants may only be exercised for a whole number
of shares. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. The Warrants will become
exercisable 30 days after the completion of a Business Combination. The Company has agreed that as soon as practicable, after the closing
of the Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration,
under the Securities Act, of the ordinary shares issuable upon exercise of the Warrants. The Company will use its best efforts to cause
the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto,
until the expiration of the Warrants in accordance with the provisions of the public warrant agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LEGATO MERGER CORP. III<BR>NOTES TO FINANCIAL
STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOVEMBER 30, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 7 &mdash; Shareholders&rsquo; Equity
</B>(cont.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company may redeem the Warrants:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">in whole and not in part;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">at a price of $0.01 per warrant;</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">upon a minimum of 30 days&rsquo; prior written notice of redemption to each warrant holder; and</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">&#9679;</TD>
    <TD STYLE="text-align: justify">if, and only if, the last reported sale price (the &ldquo;closing price&rdquo;) of the ordinary shares
    equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period commencing once the Warrants
    become exercisable and ending on the third trading day prior to the date on which the Company sends the notice of redemption to the
    warrant holders.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company will not redeem the Warrants as described
above unless a registration statement under the Securities Act covering the ordinary shares issuable upon exercise of the Warrants is
then effective and a current prospectus relating to those ordinary shares is available throughout the 30-day redemption period. Any such
exercise would not be on a cashless basis and would require the exercising warrant holder to pay the exercise price for each Warrant
being exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Warrants to be included in the Private Units
(&ldquo;Private Placement Warrants&rdquo;) will be identical to the Warrants sold in the Proposed Public Offering, except that the Private
Placement Warrants and the ordinary shares issuable upon exercise of the Private Placement Warrants will not be transferable, assignable
or saleable until 30 days after the completion of the Business Combination, subject to certain limited exceptions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In no event will the Company be required to net
cash settle any warrant. If the Company is unable to complete a Business Combination and the Company liquidates the funds held in the
Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution
from the Company&rsquo;s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire
worthless. As of November&nbsp;30, 2023, there were no warrants outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Note 8 &mdash; Subsequent Events</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company evaluated subsequent events and transactions
that occurred after the balance sheet date up to November&nbsp;30, 2023, the date that the financial statements were issued. Based on
this review, except as set forth below, the Company did not identify any subsequent events that would have required adjustment or disclosure
in the financial statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 13, 2023, the Company&rsquo;s Chief SPAC
Officer loaned to the Company an aggregate of $46,784.59 to cover additional expenses of the Proposed Public Offering. The loan is evidenced
by a promissory note. The loan is non-interest bearing, unsecured and is due at the earlier of December 31, 2024, the closing of the
Proposed Public Offering or the determination by the Company not to proceed with the Proposed Public Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 5, 2024, the Company&rsquo;s Chief SPAC
Officer loaned to the Company $50,000 to cover additional expenses of the Proposed Public Offering. The loan is evidenced by a promissory
note. The loan is non-interest bearing, unsecured and is due at the earlier of December 31, 2024, the closing of the Proposed Public
Offering or the determination by the Company not to proceed with the Proposed Public Offering.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>17,500,000 Units</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>Legato Merger
Corp. III</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">___________, 2024</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Sole Book-Running Manager</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>BTIG, LLC</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Co-Manager</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Craig-Hallum
Capital Group</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Until __________, 2024 (25
days after the date of this prospectus), all dealers that buy, sell or trade our ordinary<BR> shares, whether or not participating in
this offering, may be required to deliver a prospectus. This is in addition to<BR> the dealers&rsquo; obligation to deliver a prospectus
when acting as underwriters and with respect to their unsold<BR> allotments or subscriptions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 143 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><p style="margin: 0pt">&#160;</p></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION NOT REQUIRED IN PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 13. <I>Other Expenses of Issuance and
Distribution</I>.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">The
estimated expenses payable by us in connection with the offering described in this registration statement (other than the underwriting
discounts and commissions) will be as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 88%; text-align: left">Legal fees and expenses</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD>
    <TD STYLE="width: 9%; text-align: right">280,000</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Accounting fees and expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">55,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">SEC/FINRA expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">95,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">NYSE listing and filing fees</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">5,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Printing and engraving expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD>
    <TD STYLE="text-align: right">25,000</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt">Miscellaneous
    expenses</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">80,000</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 2.5pt">Total offering
    expenses (excluding underwriting discounts and commissions)</TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right">540,000</TD>
    <TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 14. <I>Indemnification of Directors and
Officers</I>.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">Cayman
Islands law does not limit the extent to which a company&rsquo;s memorandum and articles of association may provide for indemnification
of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public
policy, such as to provide indemnification against willful default, willful neglect, civil fraud or the consequences of committing a
crime. Our amended and restated memorandum and articles of association will provide for indemnification of our officers and directors
to the maximum extent permitted by law, including for any liability incurred in their capacities as such, except through their own actual
fraud, willful default or willful neglect. We expect to purchase a policy of directors&rsquo; and officers&rsquo; liability insurance
that insures our officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances and insures
us against our obligations to indemnify our officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">Our
officers and directors have agreed to waive any right, title, interest or claim of any kind in or to any monies in the trust account,
and have agreed to waive any right, title, interest or claim of any kind they may have in the future as a result of, or arising out of,
any services provided to us and will not seek recourse against the trust account for any reason whatsoever (except to the extent they
are entitled to funds from the trust account due to their ownership of public shares). Accordingly, any indemnification provided will
only be able to be satisfied by us if (i) we have sufficient funds outside of the trust account or (ii) we consummate an initial business
combination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">We
believe that these provisions, the insurance and the indemnity agreements are necessary to attract and retain talented and experienced
officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us
pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy
as expressed in the Securities Act and is therefore unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">We
will enter into indemnity agreements with each of our officers and directors to provide contractual indemnification in addition to the
indemnification provided for in our amended and restated memorandum and articles of association, a form of which is to be filed as an
exhibit to this Registration Statement. These agreements will require us to indemnify these individuals to the fullest extent permitted
under Cayman Islands law and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">Pursuant
to the Underwriting Agreement filed as Exhibit 1.1 to this Registration Statement, we have agreed to indemnify the underwriters and the
underwriters have agreed to indemnify us against certain civil liabilities that may be incurred in connection with this offering, including
certain liabilities under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 15. <I>Recent Sales of Unregistered Securities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">On
November&nbsp;15, 2023, Eric Rosenfeld, the Company&rsquo;s Chief SPAC Officer, acquired an aggregate of 5,031,250 ordinary shares (&ldquo;founder
shares&rdquo;) in exchange for a total capital contribution of $25,000. Thereafter, he transferred certain shares to other holders. Up
to 656,250 founder shares are subject to forfeiture if the underwriters&rsquo; over-allotment is not exercised in full or in part. On
November 30, 2023, the Company also issued to BTIG, LLC and its designees an aggregate of 87,500 ordinary shares for an aggregate purchase
price of $500, or approximately $0.001 per share. Such securities were issued pursuant to the exemption from registration contained in
Section&nbsp;4(a)(2) of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, the Company&rsquo;s initial shareholders
and the underwriters in the offering have agreed that they and/or their designees will purchase from us an aggregate of 522,813 private
units at a price of $10.00 per unit for a total purchase price of $5,228,130 in a private placement that will close simultaneously with
the closing of this offering. They have also agreed that if the over-allotment option is exercised by the underwriters in full or in
part, they and/or their designees will purchase from us up to an additional 32,813 private units at a price of $10.00 per unit in an
amount that is necessary to maintain in the trust account $10.00 per unit sold to the public in this offering. These purchases will take
place on a private placement basis simultaneously this offering. The issuance will be made pursuant to the exemption from registration
contained in Section&nbsp;4(a)(2) of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; margin-left: 0in; text-indent: 0in; text-align: justify">No
underwriting discounts or commissions were paid with respect to such sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 16. <I>Exhibits and Financial Statement
Schedules</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">(a)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Exhibits.
                                            The list of exhibits immediately preceding the signature page of this registration statement
                                            is incorporated herein by reference.</P> </TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">(b)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial
                                            Statements. See page F-1 for an index to the financial statements and schedules included
                                            in the registration statement.</P> </TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 17. <I>Undertakings</I>.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">(a)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The undersigned registrant hereby
    undertakes to provide to the underwriters at the closing specified in the underwriting agreement, certificates in such denominations
    and registered in such names as required by the underwriters to permit prompt delivery to each purchaser.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">(b)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Insofar as indemnification for liabilities
    arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant
    to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission
    such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim
    for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director,
    officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such
    director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion
    of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
    such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such
    issue.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">(c)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The undersigned registrant hereby
    undertakes that:</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.5in; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">(1)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">For purposes of determining any liability
    under the Securities Act of 1933, the information omitted from the form of prospectus filed as part of this registration statement
    in reliance upon Rule&nbsp;430A and contained in a form of prospectus filed by the registrant pursuant to Rule&nbsp;424(b)(1) or
    (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">(2)</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">For the purpose of determining any
    liability under the Securities Act of 1933, each post-effective amendment that contains a form of prospectus shall be deemed to be
    a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be
    deemed to be the initial bona fide offering thereof.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">(3)</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">For the purpose of determining
    liability under the Securities Act to any purchaser, if the registrant is subject to Rule&nbsp;430C, each prospectus filed pursuant
    to Rule&nbsp;424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule&nbsp;430B
    or other than prospectuses filed in reliance on Rule&nbsp;430A, shall be deemed to be part of and included in the registration statement
    as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus
    that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration
    statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior
    to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the
    registration statement or made in any such document immediately prior to such date of first use.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">(4)</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">For the purpose of determining
    liability of a registrant under the Securities Act to any purchaser in the initial distribution of the securities, the undersigned
    registrant undertakes that in a primary offering of securities of an undersigned registrant pursuant to this registration statement,
    regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such
    purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will
    be considered to offer or sell such securities to such purchaser.</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.5in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify; width: 0.5in">i.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Any preliminary prospectus or prospectus
    of the undersigned registrant relating to the offering required to be filed pursuant to Rule&nbsp;424&#x37e;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">ii.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Any free writing prospectus relating
    to the offering prepared by or on behalf of the undersigned registrant or used or referred to by an undersigned registrant&#x37e;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">iii.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The portion of any other free writing
    prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by
    or on behalf of the undersigned registrant&#x37e; and</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">iv.</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Any other communication that is an
    offer in the offering made by the undersigned registrant to the purchaser.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: left">Exhibit No.</TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center">Description</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 9%; text-align: left"> 1.1 </TD>
    <TD STYLE="width: 1%"> &nbsp; </TD>
    <TD STYLE="vertical-align: top; width: 90%; text-align: justify"> <A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000351/legatomerger3_ex1-1.htm">Form of Underwriting Agreement.**</A> </TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">3.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex3-1.htm">Memorandum
    and Articles of Association.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">3.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000062/legatomerger3_ex3-2.htm">Form
    of Amended and Restated Memorandum and Articles of Association.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">4.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex4-1.htm">Specimen
    Unit Certificate.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">4.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex4-2.htm">Specimen
    Ordinary Share Certificate.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">4.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex4-3.htm">Specimen
    Warrant Certificate.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">4.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex4-4.htm">Form
    of Warrant Agreement between Equiniti Trust Company, LLC and the Registrant.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left"> 5.1 </TD>
    <TD> &nbsp; </TD>
    <TD STYLE="vertical-align: top; text-align: justify"> <A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000351/legatomerger3_ex5-1.htm">Opinion of Maples and Calder (Cayman) LLP.**</A> </TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">5.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex5-2.htm">Opinion
    of Graubard Miller.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">10.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-1.htm">Form
    of Letter Agreement from each of the Registrant&rsquo;s officers, directors and initial shareholders.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">10.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-2.htm">Form
    of Investment Management Trust Agreement between Equiniti Trust Company, LLC and the Registrant.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">10.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-3.htm">Promissory
    Note.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">10.4</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-4.htm">Form
    of Registration Rights Agreement.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; vertical-align: top">10.5.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-5i.htm">Form
    of Subscription agreement for private units by initial shareholders.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; vertical-align: top">10.5.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-5ii.htm">Form
    of Subscription agreement for private units by the underwriters**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">10.6</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex10-6.htm">Form
    of Administrative Services Agreement.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left"> 10.7 </TD>
    <TD> &nbsp; </TD>
    <TD STYLE="vertical-align: top; text-align: justify"> <A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000351/legatomerger3_ex10-7.htm">Form of Indemnification Agreement.**</A> </TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">14</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex14.htm">Code
    of Ethics.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left"> 23.1 </TD>
    <TD> &nbsp; </TD>
    <TD STYLE="vertical-align: top; text-align: justify"> <A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000351/legatomerger3_ex23-1.htm">Consent of WithumSmith+Brown, PC.**</A> </TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left"> 23.2 </TD>
    <TD> &nbsp; </TD>
    <TD STYLE="vertical-align: top; text-align: justify"> <A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912624000351/legatomerger3_ex5-1.htm">Consent of Maples and Calder (Cayman) LLP (included in Exhibit 5.1).**</A> </TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">23.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex5-2.htm">Consent
    of Graubard Miller (included in Exhibit 5.2).**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">24</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="#poa">Power of Attorney (included on signature page of this Registration
    Statement).</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">99.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex99-1.htm">Audit
    committee charter.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">99.2</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex99-2.htm">Compensation
    committee charter.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: left">99.3</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/2002038/000182912623007911/legatomerger3_ex99-3.htm">Nominating
    committee charter.**</A></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; text-align: left">107</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><A HREF="legatomerger3_ex107.htm">Calculation of Registration Fee Table.</A></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0in; margin-bottom: 0in; width: 100%">
  <TR STYLE="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0in"></TD>
    <TD STYLE="width: 0.25in; text-align: left">**</TD>
    <TD STYLE="text-align: justify">Previously filed.</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">II-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><FONT style="font: 10pt Times New Roman, Times, Serif"><a href="#toc1">Table of Contents</a></font></p></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> Pursuant to the requirements of the Securities
Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in New York, New York, on the 29<SUP>th</SUP> day of January, 2024. </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom"><B>LEGATO MERGER CORP.
    III</B></TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom; width: 45%">/s/
    Gregory Monahan</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">Name:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">Gregory Monahan</TD> </TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">Title:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; vertical-align: bottom">Chief Executive Officer</TD> </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="poa"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">KNOW ALL MEN BY THESE PRESENTS, that each person
whose signature appears below constitutes and appoints each of Gregory Monahan and Adam Jaffe his true and lawful attorney-in-fact, with
full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities to sign any and all
amendments including pre- and post-effective amendments to this registration statement, any subsequent registration statement for the
same offering which may be filed pursuant to Rule&nbsp;462(b) under the Securities Act of 1933, as amended, and pre- or post-effective
amendments thereto, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities
and Exchange Commission, hereby ratifying and confirming all that said attorney-in-fact or his substitute, each acting alone, may lawfully
do or cause to be done by virtue thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the requirements of the Securities
Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding: 0pt; text-align: center; width: 40%"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="padding: 0pt; white-space: nowrap; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0pt; width: 40%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Position</B></FONT></TD>
    <TD STYLE="padding: 0pt; white-space: nowrap; width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 0pt; width: 16%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Date</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    Gregory Monahan</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Chief Executive
    Officer</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> January 29, 2024 </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Gregory Monahan</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 10pt"><I>(Principal
    Executive Officer) and Director</I></FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    Adam Jaffe</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Chief Financial
    Officer</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> <FONT STYLE="font-size: 10pt">January 29, 2024</FONT> </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Adam Jaffe</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"><FONT STYLE="font-size: 10pt"><I>(Principal
    Financial and Accounting Officer), Secretary and Director</I></FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    Brian Pratt</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Chairman
    of the Board</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> <FONT STYLE="font-size: 10pt">January 29, 2024</FONT> </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Brian Pratt</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    David D. Sgro</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Vice Chairman
    of the Board</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> <FONT STYLE="font-size: 10pt">January 29, 2024</FONT> </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">David D. Sgro</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    Adam Semler</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Director</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> <FONT STYLE="font-size: 10pt">January 29, 2024</FONT> </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">Adam Semler</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; padding: 0pt; vertical-align: top; text-indent: 0pt"> <FONT STYLE="font-size: 10pt">/s/
    John Ing</FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: left; text-indent: 0pt"> <FONT STYLE="font-size: 10pt"><I>Director</I></FONT> </TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt"> &nbsp; </TD>
    <TD STYLE="padding: 0pt; vertical-align: bottom; text-align: center"> <FONT STYLE="font-size: 10pt">January 29, 2024</FONT> </TD></TR>
  <TR>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: top; text-indent: 0pt"><FONT STYLE="font-size: 10pt">John Ing</FONT></TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: left; white-space: nowrap; vertical-align: bottom; text-indent: 0pt">&nbsp;</TD>
    <TD STYLE="padding: 0pt; text-align: center; vertical-align: bottom">&nbsp;</TD></TR>
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<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>2
<FILENAME>legatomerger3_ex107.htm
<DESCRIPTION>EXHIBIT 107
<TEXT>
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<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">&nbsp;</P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 107</B></P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Calculation of Filing Fee Tables</B></P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Form S-1</B></P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Form Type)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Legato Merger Corp. III</B></P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact Name of Registrant as Specified in its
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Table 1: Newly Registered and Carry Forward Securities</U></P>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Security
    <BR> Type</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Security
    Class <BR> Title</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fee
    Calculation <BR> or<BR>
Carry Forward<BR>
Rule</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Amount
    <BR> Registered</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Proposed
    <BR> Maximum <BR> Offering <BR> Price Per<BR>
Unit</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>Maximum
    <BR> Aggregate <BR> Offering Price<SUP>(1)</SUP></B></FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fee
    Rate</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="vertical-align: bottom; text-align: center; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Amount
    of <BR> Registration <BR> Fee</FONT></TD><TD STYLE="white-space: nowrap; vertical-align: bottom; text-align: center; padding-bottom: 1pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; width: 8%; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fees
    to Be Paid</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 8%; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Other</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 22%; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Units,
    each consisting of one Ordinary Share, $0.0001 par value, and one Redeemable Warrant to purchase one-half of one Ordinary Share<SUP>(2)</SUP></FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 8%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">457(a)</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 7%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">20,125,000</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="width: 7%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">10.00</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="width: 7%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">201,250,000</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 7%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">0.0001476</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="width: 7%; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">29,704.50</FONT></TD><TD STYLE="white-space: nowrap; width: 1%; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fees
    to Be Paid</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Equity</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Ordinary
    Shares, $0.0001 par value included as part of the Units<SUP>(3)</SUP></FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">457(g)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">20,125,000</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><SUP>(4)</SUP>&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fees
    to Be Paid</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Equity</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Warrants
    included as part of the Units<SUP>(3)</SUP></FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">457(g)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">10,062,500</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><SUP>(4)</SUP>&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Fees
    to be Paid</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Equity</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Ordinary
    Shares underlying the Warrants included as part of the Units</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">457(g)</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">10,062,500</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">11.50</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">115,718,750</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">0.0001476</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">17,080.09</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Total
    Offering Amounts</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">316,968,750</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">46,784.59</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Total
    Fees Previously Paid</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">-</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="vertical-align: top; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Net
    Fee Due</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">46,784.59</FONT></TD><TD STYLE="white-space: nowrap; padding-bottom: 1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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      <TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
         <TR STYLE="font: 10pt Times New Roman, Times, Serif">
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in">(1)</TD>
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Estimated solely for the purpose of calculating the registration fee pursuant to Rule&nbsp;457(o) under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;).</TD>
         </TR>
         <TR STYLE="font: 10pt Times New Roman, Times, Serif">
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">(2)</TD>
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Represents 20,125,000 units, including 17,500,000 units to be issued in the offering
               and up to 2,625,000 units which may be issued upon exercise of a 45-day option granted
               to the underwriters to cover over-allotments, if any, each consisting of one Ordinary
               Share and one half of one warrant, each whole warrant entitling the holder to purchase
               one Ordinary Share.</TD>
         </TR>
         <TR STYLE="font: 10pt Times New Roman, Times, Serif">
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">(3)</TD>
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">Pursuant to Rule&nbsp;416,
            there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting
            from share splits, share dividends or similar transactions.</TD>
         </TR>
         <TR STYLE="font: 10pt Times New Roman, Times, Serif">
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">(4)</TD>
            <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">No fee pursuant to Rule&nbsp;457(g).</TD>
         </TR>
      </TABLE>
      <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



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