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Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events

Note 11 — Subsequent Events

 

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date the financial statements were issued. Based on this review, other than as disclosed below, management did not identify any events or transactions that would require adjustment to, or disclosure in, the accompanying financial statements.

 

On April 9, 2026, Yocto Investments LLC, the Company’s sponsor, issued a promissory note to Smart Kreate Group Limited in the principal amount of up to $200,000. The note does not bear interest and becomes due upon the occurrence of certain repayment or conversion trigger events, including the completion of the Company’s initial business combination or the termination of discussions regarding a potential business combination without execution of a definitive agreement within three months of the related letter of intent. Upon completion of a business combination, the note will convert into securities of the Company or the post-business combination surviving company at $3.00 per share; otherwise, the note is repayable in cash by the sponsor. The payee has waived any claim to amounts held in the Company’s trust account. No liability has been recorded by the Company as of March 31, 2026 in connection with this note.

 

On April 30, 2026, KM QUAD released and discharged the Company from all obligations under the KM QUAD Notes, including the outstanding principal balance of $1,040,000.