UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September~~March 3031, ~~2025~~2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission File Number 001-42947

Blueport Acquisition Ltd

(Exact name of registrant as specified in its charter)

Cayman Islands		N/A
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)

366 Madison Ave 3rd Floor New York, NY		10017
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (203) 489-2110

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Ordinary Shares, par value of $0.0001 per share	BPAC	The Nasdaq Stock Market LLC
Rights, each entitling the holder to receive one-sixth (1/6) of one Class A Ordinary Share	BPACR	The Nasdaq Stock Market LLC
Units, each consisting of one Class A Ordinary Share and one Right to receive one-sixth (1/6) of one Class A Ordinary Share	BPACU	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐☒ No ☒☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

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 “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☒

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 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☒ No ☐

As of ~~December~~May 1713, ~~2025,~~ 2026, there were 5,947,250 Class A ordinary shares (inclusive of shares included in outstanding units), and 1,437,500 Class B ordinary shares of the registrant issued and outstanding.

TABLE OF CONTENTS

PART I – FINANCIAL INFORMATION	~~PART I – FINANCIAL INFORMATION~~
Item 1.	Financial Statements	1	1
	Unaudited Condensed Balance Sheet as of September 30, 2025		1
	Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025 (Audited)	1
	Unaudited Condensed Statement of Operations for the Period from January 13, 2025 (Inception) through September 30, 2025		2
	Unaudited Condensed Statements of Operations for the Three Months Ended March 31, 2026 and For the Period from January 13, 2025 (inception) to March 31, 2025	2
	Unaudited Condensed Statement of Changes in Shareholder’s Deficit for the Period from January 13, 2025 (Inception) through September 30, 2025		3
	Unaudited Condensed Statement of Changes in Shareholders’ Equity for the Three Months Ended March 31, 2026 and For the Period from January 13, 2025 (inception) to December 31, 2025	3
	Unaudited Condensed Statement of Cash Flows for the Period from January 13, 2025 (Inception) through September 30, 2025		4
	Unaudited Condensed Statements of Cash Flows for the Three Months Ended March 31, 2026 and For the Period from January 13, 2025 (inception) to March 31, 2025	4
	Notes to Unaudited Condensed Financial Statements	5	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	16	14
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	19	18
Item 4.	Controls and Procedures	19	18
PART II – OTHER INFORMATION
Item 1.	Legal Proceedings.	20	19
Item 1A.	Risk Factors.	20	19
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds.	20	19
Item 3.	Defaults Upon Senior Securities.	20	19
Item 4.	Mine Safety Disclosures.	20	19
Item 5.	Other Information.	20	19
Item 6.	Exhibits.	21	20

Table of Contents

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All statements, other than statements of historical fact included in this Form 10-Q including, without limitation, statements in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Company’s final prospectus for its initial public offering filed with the SEC on November 12, 2025 (the “Prospectus”). The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Table of Contents

PART I – FINANCIAL INFORMATION

Item 1. ~~Unaudited Condensed~~ Financial Statements.

BLUEPORT ACQUISITION LTD

~~UNAUDITED~~ CONDENSED BALANCE ~~SHEET~~SHEETS

	September 30, 2025
	March 31, 2026			December 31,
ASSETS	(Unaudited)
	(Unaudited)			2025
Current Assets
Assets
Cash	$	5,000
Current assets
Total Current Assets		5,000
Cash	$	97,816		$	480,852
Deferred offering costs		177,701
Prepaid expenses		112,505			62,511
Total Assets	$	182,701
Total current assets		210,321			543,363
LIABILITIES AND SHAREHOLDER’S DEFICIT
Investments held in Trust Account		58,293,580			57,784,454
Current liabilities
Total Assets	$	58,503,901		$	58,327,817
Due to related party	$	5,000
Liabilities, Ordinary Shares Subject to Redemption and Shareholders’ Equity
Accounts payable		25,000
Current liabilities
Promissory note - related party		206,823
Accounts payable and accrued expenses	$	161,166		$	135,256
Total Current Liabilities		236,823
Total current liabilities		161,166			135,256
Commitments and Contingencies (Note 6)
Deferred underwriting fee payable		1,150,000			1,150,000
Shareholder’s Deficit
Total Liabilities		1,311,166			1,285,256
Class A ordinary shares, $0.0001 par value; 450,000,000 shares authorized; none issued and outstanding		-
Commitments and Contingencies (Note 6)
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 1,437,500 shares issued and outstanding(1)		144
Class A ordinary shares, $0.0001 par value; 450,000,000 shares authorized; 5,750,000 shares subject to possible redemption		54,772,034			53,340,490
Additional paid-in capital		24,856
Shareholders’ Equity:
Accumulated deficit		(79,122	)
Class A ordinary shares, $0.0001 par value; 450,000,000 shares authorized; 197,250 shares issued and outstanding (excluding 5,750,000 shares subject to possible redemption)		20			20
Total Shareholder’s Deficit		(54,122	)
Class B ordinary shares, $0.0001 par value, 50,000,000 shares authorized; 1,437,500 shares issued and outstanding(1)		144			144
Total Liabilities and Shareholder’s Deficit	$	182,701
Addition paid-in capital		2,290,101			3,721,645
Retained earnings (accumulated deficit)		130,436			(19,738	)
Total shareholders’ equity		2,420,701			3,702,071
Total Liabilities, Ordinary Shares Subject to Redemption and Shareholders’ Equity	$	58,503,901		$	58,327,817

~~(1)~~The accompanying ~~Includes~~notes are an ~~aggregate~~integral ~~of up to 187,500 class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in~~ part ~~by the underwriters (see Note 5). As a result~~ of ~~the~~these ~~underwriter’s~~unaudited ~~full~~condensed ~~exercise~~financial ~~of its over-allotment option to purchase 750,000 units on November 13, 2025, no class B ordinary shares were subject to forfeiture~~statements.

~~The~~Table ~~accompanying notes are an integral part~~ of ~~the~~ ~~unaudited condensed financial statements.~~Contents

1BLUEPORT ACQUISITION LTD

~~Table~~UNAUDITED CONDENSED ofSTATEMENTS ~~Contents~~OF OPERATIONS

BLUEPORT ACQUISITION LTD

	For the Three Months Ended March 31, 2026			For the Period From January 13 2025 (Inception) Through March 31, 2025
General and administrative expenses	$	358,951		$	9,052
Loss from Operations		(358,951	)		(9,052	)
Other income:
Interest earned on investment held in Trust Account		509,125			-
Income before income tax		150,174			(9,052	)
Net income (loss)	$	150,174		$	(9,052	)

Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to possible redemption		5,750,000			-
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption	$	0.08		$	-
Basic and diluted weighted average shares outstanding, Class A and Class B ordinary shares not subject to redemption⁽¹⁾		1,634,750			1,437,500
Basic and diluted net loss per share, Class A and Class B ordinary shares not subject to redemption	$	(0.17	)	$	(0.01	)

~~UNAUDITED~~(1) ~~CONDENSED~~Class ~~STATEMENT~~B OFordinary ~~OPERATIONS~~shares have been retroactively adjusted to reflect the forfeiture of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the Sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which were subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5). On November 13, 2025, the Company consummated its IPO and sold 5,750,000 Units, including 750,000 Units sold pursuant to the full exercise of the underwriters’ over-allotment option; hence, the 187,500 Class B ordinary shares are no longer subject to forfeiture.

	For the Three Month Ended September 30, 2025			For the Period from January 13, 2025 (Inception) Through September 30, 2025
Formation and operating costs	$	33,070		$	79,122
Net loss	$	(33,070	)	$	(79,122	)
Basic and diluted weighted average shares outstanding(1)		1,250,000			1,029,693
Basic and diluted net loss per ordinary shares	$	(0.03	)	$	(0.08	)

The accompanying notes are an integral part of these unaudited condensed financial statements.

(1) Excludes an aggregate of up to 187,500 class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). As a result of the underwriter’s full exercise of its over-allotment option to purchase 750,000 units on November 13, 2025, no class B ordinary shares were subject to forfeiture.2

~~Class~~Table ~~B ordinary shares have been retroactively adjusted to reflect the forfeiture~~ of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5).Contents

~~The accompanying notes are an integral part of~~BLUEPORT ~~the~~ACQUISITION ~~unaudited condensed financial statements.~~ LTD

2UNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

~~Table~~FOR THE ofTHREE ~~Contents~~MONTHS ENDED MARCH 31, 2026

BLUEPORT ACQUISITION LTD

	Ordinary shares								Additional			Retained earnings			Total
	Class A				Class B⁽¹⁾				paid-in			(Accumulated			Shareholders’
	Shares		Amount		Shares		Amount		capital			deficit)			equity
Balance – December 31, 2025		197,250	$	20		1,437,500	$	144	$	3,721,645		$	(19,738	)	$	3,702,071
Subsequent measurement of ordinary shares subject to redemption (interest earned on trust account)		—		—		—		—		(509,125	)		—			(509,125	)
Accretion of carrying value to redemption value		—		—		—		—		(922,419	)		—			(922,419	)
Net income		—		—		—		—		—			150,174			150,174
Balance as of March 31, 2026		197,250	$	20		1,437,500	$	144	$	2,290,101		$	130,436		$	2,420,701

~~UNAUDITED~~FOR THE ~~CONDENSED~~PERIOD ~~STATEMENT~~FROM OFJANUARY ~~CHANGES~~13, ~~IN SHAREHOLDER’S~~2025 ~~DEFICIT~~(INCEPTION) THROUGH MARCH 31, 2025

FOR THE PERIOD FROM JANUARY 13, 2025 (INCEPTION) THROUGH SEPTEMBER 30, 2025

					Additional					Total
	Ordinary Shares				Paid-in		Accumulated			Shareholder’s
	Shares		Amount		Capital		Deficit			Equity
Balance–January 13, 2025 (Inception)		-	$	-	$	-	$	-		$	-
Founder shares issued to the Sponsor⁽¹⁾		1,437,500		144		24,856		-			25,000
Net loss		-		-		-		(9,052	)		(9,052	)
Balance– March 31, 2025		1,437,500	$	144	$	24,856	$	(9,052	)	$	15,948

					Additional					Total
	Ordinary Shares				Paid-in		Accumulated			Shareholder’s
	Shares		Amount		Capital		Deficit			Deficit
Balance–January 13, 2025 (Inception)		-	$	-	$	-	$	-		$	-
Class B ordinary shares issued to the Sponsor(1)		1,437,500		144		24,856		-			25,000
Net loss		-		-		-		(9,052	)		(9,052	)
Balance–March 31, 2025		1,437,500	$	144	$	24,856	$	(9,052	)	$	15,948
Net loss		-		-		-		(37,000	)		(37,000	)
Balance–June 30, 2025		1,437,500	$	144	$	24,856	$	(46,052	)	$	(21,052	)
Net loss		-		-		-		(33,070	)		(33,070	)
Balance–September 30, 2025		1,437,500	$	144	$	24,856	$	(79,122	)	$	(54,122	)

(1)

Class B ordinary shares have been retroactively adjusted to reflect the forfeiture of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the Sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which were subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5). On November 13, 2025, the Company consummated its IPO and sold 5,750,000 Units, including 750,000 Units sold pursuant to the full exercise of the underwriters’ over-allotment option; hence, the 187,500 Class B ordinary shares are no longer subject to forfeiture.

~~The~~Table ~~accompanying notes are an integral part~~ of ~~the~~ ~~unaudited condensed financial statements.~~Contents

3BLUEPORT ACQUISITION LTD

~~Table~~UNAUDITED CONDENSED ofSTATEMENTS ~~Contents~~OF CASH FLOWS

BLUEPORT ACQUISITION LTD

	For the Three Months ended March 31, 2026			For the Period From January 13 2025 (Inception) Through March 31, 2025
Cash Flows from Operating Activities:
Net income (loss)	$	150,174		$	(9,052	)
Changes in operating assets and liabilities:
Interest income on investments held in Trust Account		(509,125	)		-
Prepaid expenses		(49,994	)		-
Accounts payable and accrued expenses		25,909			-
Net Cash Used in Operating Activities		(383,036	)		(9,052	)

Cash Flows from Financing Activities:
Advances from related party		-			9,052
Net Cash Provided by Financing Activities		-			9,052

Net Change in Cash		(383,036	)		-
Cash, Beginning of the Period		480,852			-
Cash, End of the Period	$	97,816		$	-

Supplemental Disclosure of Cash Flow Information:
Accretion of carrying value to redemption value of Class A redeemable ordinary shares	$	1,431,544		$	-
Deferred offering costs paid by Sponsor under amount due to a related party	$	-		$	99,052
Deferred offering costs paid by Sponsor in exchange for issuance of ordinary shares	$	-		$	25,000

~~UNAUDITED~~ The accompanying ~~CONDENSED~~notes ~~STATEMENT~~are OFan ~~CASH~~integral ~~FLOWS~~part of the unaudited condensed financial statements.

~~FOR THE PERIOD FROM JANUARY 13, 2025 (INCEPTION) THROUGH SEPTEMBER 30, 2025~~4

Cash Flows from Operating Activities:
Net loss	$	(79,122	)
Changes in operating assets and liabilities:
Accounts payable		25,000
Net cash used in operating activities		(54,122	)
Cash Flows from Financing Activities:
Advance from related party		5,000
Payment of operating expenses via advance from a related party		54,122
Net cash provided by financing activities		59,122
Net Change in Cash		5,000
Cash – beginning of the period		-
Cash – end of the period	$	5,000
Supplemental disclosure of non-cash information:
Deferred offering costs paid by Sponsor in exchange for issuance of ordinary shares	$	25,000
Deferred offering costs paid by Sponsor under amount due to a related party	$	152,701

Table of Contents

~~The accompanying notes are an integral part of~~BLUEPORT ~~the~~ACQUISITION ~~unaudited condensed financial statements.~~LTD

4NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~Table~~Note 1 — Description of ~~Contents~~Organization and Business Operations

~~BLUEPORT~~Blueport ~~ACQUISITION~~Acquisition ~~LTD~~Ltd (the “Company” or “BPAC”) is a blank check company incorporated as a Cayman Islands exempted company on January 13, 2025. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (“Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

~~NOTES~~As TOof ~~UNAUDITED~~March ~~CONDENSED~~31, ~~FINANCIAL~~2026, ~~STATEMENTS~~the Company had not commenced any operations. All activities from January 13, 2025 (inception) through March 31, 2026 were related to the Company’s formation and the initial public offer (“IPO”), as described below, and subsequent to the IPO, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the IPO. The Company has selected December 31 as its fiscal year end. The Company’s sponsor is Blueport Acquisition Corporation (the “Sponsor”), a Nevada corporation.

~~Note~~The 1registration —statement ~~Description~~for the Company’s IPO became effective on November 10, 2025. On November 13, 2025, the Company consummated the IPO, which consisted of ~~Organization~~5,750,000 units (the “Units”), including 750,000 Units issued pursuant to the full exercise by the underwriters of their over-allotment option. Each Unit consists of one Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Share”), and ~~Business~~one ~~Operations~~right to receive one-sixth (1/6th) of one Class A Ordinary Share of the Company. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $57,500,000.

~~Blueport~~Simultaneously ~~Acquisition~~with ~~Ltd (~~the ~~“Company”)~~closing isof athe ~~blank~~IPO ~~check~~and ~~company~~the ~~incorporated~~sale asof athe ~~Cayman Islands exempted company on January 13~~Units, ~~2025.~~the ~~The~~ Company ~~was~~consummated ~~formed for~~ the ~~purpose of~~private ~~effecting~~placement a(the ~~merger,~~“Private ~~share~~Placement”) ~~exchange,~~of ~~asset acquisition~~197,250 ~~share purchase, reorganization or similar business combination with one or~~units ~~more businesses or entities~~ (the “~~Business~~Private ~~Combination~~Placement Units”). ~~The~~to ~~Company~~the isSponsor ~~not~~at ~~limited to~~ a ~~particular~~price ~~industry or geographic region for purposes~~ of ~~consummating a Business Combination~~$10.00 ~~The~~per ~~Company~~Private isPlacement anUnit, ~~early~~generating ~~stage~~total ~~and~~proceeds of ~~emerging growth company and~~$1, ~~as such~~972,500, ~~the~~which ~~Company~~ is ~~subject~~described toin ~~all~~Note ~~of the risks associated with early stage and emerging growth companies~~4.

AsTransaction costs ofamounted ~~September~~to 30$2, ~~2025~~435,201 ~~the~~consisting ~~Company~~of ~~had~~$862,500 ~~not commenced~~underwriting ~~any~~commissions ~~operations.~~which ~~All~~were ~~activities~~paid ~~from~~in ~~January~~cash ~~13,~~at ~~2025~~the ~~(inception)~~closing ~~through~~date ~~September~~of ~~30, 2025 were related to~~ the ~~Company’s~~IPO, ~~formation~~$1,150,000 ~~and~~deferred ~~the~~underwriting ~~Initial~~fee, ~~Public~~and ~~Offering (“IPO”)~~$422,701 asother ~~described~~offering ~~below~~costs. ~~The~~On ~~Company~~the ~~will~~IPO ~~not~~date, ~~generate~~$658,177 ~~any~~(including ~~operating~~$653,177 ~~revenues until~~funded ~~after~~by the Sponsor ~~completion~~on ofNovember ~~a Business Combination~~14, at2025) ~~the~~was ~~earliest.~~held ~~The~~outside ~~Company~~of ~~will~~the ~~generate~~Trust ~~non-operating~~Account ~~income~~(as indefined ~~the~~below) ~~form~~and ~~of interest~~is ~~income~~available ~~from~~for the ~~proceeds~~payment ~~derived~~of ~~from~~ the ~~IPO.~~promissory note ~~The~~(see ~~Company~~Note ~~has~~5), ~~selected~~payment ~~December~~of 31accrued asexpenses ~~its~~and ~~fiscal~~for ~~year~~working ~~end.~~capital ~~The Company’s sponsor is Blueport Acquisition Corporation (the “Sponsor”), a Nevada corporation~~purposes.

The ~~registration statement for the~~ Company’s management ~~IPO~~has ~~became~~broad ~~effective~~discretion onwith ~~November~~respect ~~10,~~to ~~2025.~~the Onspecific ~~November~~application ~~13,~~of ~~2025,~~ the ~~Company~~net ~~consummated~~proceeds of the IPO, ~~which~~and ~~consisted~~the sale of ~~5,750,000 units (~~the “Private Placement Units”), although ~~including~~substantially ~~750,000~~all ~~Units~~of ~~issued~~the ~~pursuant~~net toproceeds ~~the~~are ~~full~~intended ~~exercise~~to bybe ~~the~~applied ~~underwriters~~generally oftoward ~~their~~consummating ~~over-allotment~~a ~~option~~Business Combination. There ~~Each~~is ~~Unit~~no ~~consists~~assurance ofthat ~~one~~the ~~Class~~Company Awill ~~ordinary~~be ~~share,~~able ~~par~~to ~~value~~complete ~~$0.0001~~a ~~per~~Business ~~share~~Combination ~~(the~~successfully. ~~“Class~~The ACompany ~~Ordinary~~must ~~Share”),~~complete ~~and~~a ~~one~~Business ~~right~~Combination tohaving ~~receive~~an ~~one-sixth~~aggregate ~~(1/6th)~~fair market value of ~~one~~at ~~Class~~least A80% ~~Ordinary~~of ~~Share~~the assets held in the Trust Account (excluding the ~~“Right”~~deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the ~~Company.~~agreement to enter into an initial Business Combination. The ~~Units~~Company ~~were~~will ~~sold~~only atcomplete a ~~price~~Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding ~~$10.00~~voting ~~per~~securities ~~Unit,~~of ~~generating~~the ~~gross~~target ~~proceeds~~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 ~~$57~~1940,~~500,000~~ as amended (the “Investment Company Act”). There is no assurance that the Company will be able to complete a Business Combination successfully.

~~Simultaneously~~Upon ~~with~~ the closing of the IPO ~~and~~, an amount of $57,500,000 ($10.00 per Unit) from the net proceeds of the sale of the Units, in the ~~Company~~IPO ~~consummated~~and the ~~private~~sale ~~placement~~of (“the Private Placement Units was placed in a trust account (“Trust Account”) which will be invested only in U.S. government treasury bills with a maturity of ~~197~~185 days or less,~~250~~ or in money market funds meeting the applicable conditions of Rule 2a-7 promulgated under the Investment Company Act which invest solely in direct U.S. government treasury and held in cash or cash like items (including demand deposit accounts) at a ban. Except with respect to dividend and/or interest earned on the funds held in the Trust Account that may be released to the Company to pay the Company’s tax obligation, if any, the proceeds from the IPO and the sale of the private placement units that are deposited and held in the Trust Account will not be released from the Trust Account until the earliest to occur of (i) the ~~“Private~~completion of the Company’s ~~Placement~~initial ~~Units”~~Business Combination, (ii) the redemption of any public shares properly tendered in connection with a shareholder vote to amend the ~~Sponsor~~Company’s atamended aand ~~price~~restated memorandum and articles of ~~$10.00~~association ~~per~~to ~~Private~~(A) ~~Placement~~modify ~~Unit,~~the ~~generating~~substance ~~total~~or ~~proceeds~~timing of $1obligation to redeem 100% of the public shares if the Company does not complete the Company’s initial Business Combination within 15 months from the closing of the IPO,~~972~~ or (B) with respect to any other material provision relating to shareholders’ rights or pre-business combination activity,~~500,~~ ~~which~~and (iii) the redemption of all of the public shares if the company are unable to complete their initial business combination within 15 months from the closing of the IPO (unless such completion window is ~~described~~extended by shareholders via an amendment to the amended and restated memorandum and articles of association), subject to applicable law. In no other circumstances will a public shareholder have any right or interest of any kind to or in ~~Note~~the 4Trust Account.

Transaction costs amounted to $2,435,201 consisting of $862,500 underwriting commissions which were paid in cash at the closing date of the IPO, $1,150,000 deferred underwriting fee, and $422,701 other offering costs. On the IPO date, $658,177 (including $653,177 funded by the Sponsor on November 14, 2023) was held outside of the Trust Account (as defined below) and is available for the payment of the promissory note (see Note 5~~), payment of accrued expenses and for working capital purposes.~~

~~The~~Table ~~Company’s management has broad discretion with respect to the specific application~~ of the net proceeds of the IPO and the sale of the Private Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete a Business Combination having an aggregate fair market value of at least 80% of the assets held in the Trust Account (as defined below) (excluding the deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the agreement to enter into an initial Business Combination. The Company will only complete a 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 (the “Investment Company Act”). There is no assurance that the Company will be able to complete a Business Combination successfully.Contents

~~Upon~~The ~~the~~Company ~~closing~~will ~~of the IPO, an amount of $57,500,000~~provide ~~($10.00~~its ~~per~~shareholders ~~Unit)~~with ~~from~~ the ~~net~~opportunity ~~proceeds~~to ofredeem ~~the~~all ~~sale~~or ofa ~~the~~portion ~~Units~~of intheir ~~the~~public ~~IPO~~shares ~~and~~upon the ~~sale~~completion of the ~~Private Placement Units was placed in~~Business aCombination ~~trust~~either ~~account~~ (~~“Trust Account”~~i) in ~~which~~connection ~~will~~with bea ~~invested~~shareholder ~~only~~meeting incalled ~~U.S.~~to ~~government~~approve ~~treasury~~the ~~bills~~Business ~~with~~Combination aor ~~maturity~~(ii) by means of ~~185~~a ~~days or~~tender ~~less,~~offer. orIf inthe ~~money~~Company ~~market~~seeks ~~funds~~shareholder ~~meeting~~approval, ~~the~~a ~~applicable~~majority ~~conditions~~ of ~~Rule 2a-7 promulgated under~~ the ~~Investment~~shares ~~Company~~voted ~~Act~~are ~~which~~voted ~~invest solely~~ in ~~direct~~favor ~~U.S.~~of ~~government~~the Business ~~treasury~~Combination. ~~Except~~If ~~with~~a ~~respect~~shareholder tovote ~~dividend~~is ~~and/or~~not ~~interest~~required ~~earned~~by onlaw and the ~~funds~~Company ~~held~~does innot ~~the~~decide ~~Trust~~to ~~Account that~~hold ~~may~~a beshareholder ~~released~~vote tofor business ~~the~~or ~~Company~~other tolegal ~~pay~~reasons, the Company’s ~~tax obligation~~will, ifpursuant ~~any,~~to ~~the~~its ~~proceeds~~amended ~~from~~and ~~the~~restated ~~IPO~~memorandum and ~~the~~articles ~~sale~~ of ~~the~~association, ~~private~~conduct ~~placement~~the ~~units~~redemptions ~~that~~pursuant ~~are~~to ~~deposited and held in~~ the ~~Trust~~tender ~~Account~~offer ~~will~~rules ~~not~~of bethe ~~released~~U.S. ~~from~~Securities ~~the~~and ~~Trust~~Exchange ~~Account~~Commission ~~until~~(“SEC”) ~~the earliest~~and tofile ~~occur~~tender ofoffer ~~(i)~~documents with the ~~completion~~SEC ofprior ~~the~~to ~~Company’s~~completing ~~initial~~a Business Combination. If, ~~(ii)~~however, ~~the~~shareholder ~~redemption~~approval of ~~any public shares properly~~the ~~tendered~~transaction inis ~~connection~~required ~~with~~by alaw, ~~shareholder~~or ~~vote to amend~~ the Company’s ~~amended~~decides ~~and~~to ~~restated~~obtain ~~memorandum~~shareholder ~~and~~approval ~~articles~~for ofbusiness ~~association to~~or ~~(A)~~legal ~~modify~~reasons, the ~~substance~~Company will oroffer ~~timing of obligation~~ to redeem ~~100%~~shares ofin ~~the~~conjunction ~~public~~with ~~shares~~a ifproxy ~~the~~solicitation ~~Company~~pursuant ~~does~~to ~~not complete~~ the ~~Company’s initial~~proxy ~~Business~~rules ~~Combination~~and ~~within~~not 15pursuant ~~months~~to ~~from~~ the ~~effective~~tender offer ~~date~~rules. ofAdditionally, ~~this~~each ~~registration~~public ~~statement (subject to~~ shareholder ~~approval, there~~may ~~are~~elect noto ~~limitations~~redeem astheir toPublic ~~the~~Shares ~~duration~~irrespective of anwhether ~~extension~~they vote for or against the ~~number~~proposed oftransaction. ~~times~~If the ~~completion~~Company ~~window~~seeks ~~may~~shareholder beapproval ~~extended~~in byconnection ~~shareholders via~~with ana ~~amendment~~Business toCombination, the Company’s ~~amended~~Sponsor and ~~restated~~any ~~memorandum~~of ~~and~~the ~~articles~~Company’s ofofficers ~~association),~~ or ~~(B)~~directors ~~with~~that ~~respect~~may tohold ~~any~~Founder ~~other provision~~Shares ~~relating~~(as todefined ~~shareholders’~~in ~~rights~~Note or5) (the ~~pre-business~~“Initial ~~combination~~Shareholders”) ~~activity,~~ and ~~(iii)~~ the ~~redemption~~underwriters ofhave ~~all~~agreed of(a) ~~the~~to ~~public shares~~vote iftheir ~~the~~Founder ~~company~~Shares, ~~are~~and ~~unable~~private toplacement shares ~~complete~~(see ~~their~~Note ~~initial~~6) ~~business~~and ~~combination~~any ~~within~~Public 15Shares ~~months~~purchased ~~from~~during ~~the~~or ~~effective~~after ~~date~~the ofIPO ~~this~~in ~~registration~~favor of ~~statement~~approving ~~(unless~~a ~~such~~Business ~~completion~~Combination ~~window~~and is(b) ~~extended~~not byto ~~shareholders~~convert ~~via~~any anshares ~~amendment~~(including to the ~~amended~~Founder ~~and~~Shares) ~~restated~~in ~~memorandum~~connection ~~and~~with ~~articles~~a shareholder ofvote ~~association), subject~~ to ~~applicable~~approve, ~~law.~~or Insell nothe ~~other~~shares ~~circumstances~~to ~~will~~the aCompany ~~public~~in ~~shareholder have~~ any ~~right~~tender oroffer ~~interest~~in ofconnection ~~any~~with, ~~kind to~~a orproposed inBusiness ~~the Trust Account~~Combination.

5Notwithstanding the foregoing, if the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the amended and restated memorandum and articles of association provides that a public shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Public Shares, without the prior consent of the Company.

~~Table~~The Company has determined not to consummate any Business Combination unless the Company has net tangible assets of ~~Contents~~at least $5,000,001 upon such consummation in order to avoid being subject to Rule 419 promulgated under the Securities Act. However, if the Company seeks to consummate an initial Business Combination with a target business that imposes any type of working capital closing condition or requires the Company to have a minimum amount of funds available from the Trust Account upon consummation of such initial Business Combination, its net tangible asset threshold may limit the Company’s ability to consummate such initial Business Combination (as the Company may be required to have a lesser number of shares redeemed) and may force the Company to seek third party financing which may not be available on terms acceptable to the Company or at all. As a result, the Company may not be able to consummate such initial Business Combination and the Company may not be able to locate another suitable target within the applicable time period, if at all.

The Company will ~~provide~~have ~~its~~15 months ~~shareholders~~from ~~with~~ the ~~opportunity~~closing ~~to redeem all or a portion~~ of ~~their~~the ~~public~~IPO ~~shares~~(the ~~upon~~“Completion ~~the~~Window”) ~~completion~~to ofcomplete ~~the~~its initial Business Combination ~~either (i) in~~. ~~connection~~If ~~with~~the aCompany ~~shareholder~~is ~~meeting~~unable ~~called~~ to ~~approve~~complete ~~the~~its initial Business Combination orwithin ~~(ii) by~~such ~~means~~period, ofunless ~~a tender offer. If~~ the Company ~~seeks~~ ~~shareholder~~extends ~~approval,~~such aperiod ~~majority~~pursuant to ofits ~~the~~amended ~~shares~~and ~~voted~~restated ~~are~~memorandum ~~voted~~and inarticles ~~favor~~ of ~~the~~association ~~Business~~(subject ~~Combination.~~to ~~If a~~ shareholder ~~vote~~approval, isthere ~~not required~~are byno ~~law~~limitations ~~and~~as to the duration ~~Company~~of ~~does~~an ~~not~~extension ~~decide~~or tothe ~~hold~~number aof ~~shareholder~~times ~~vote~~the ~~for~~completion ~~business~~window ormay ~~other~~be ~~legal~~extended ~~reasons,~~by ~~the~~shareholders ~~Company~~via ~~will,~~an ~~pursuant~~ amendment to ~~its~~the amended and restated memorandum and articles of association), ~~conduct~~ the ~~redemptions~~Company ~~pursuant~~will: to(i) cease ~~the~~all ~~tender~~operations ~~offer~~except ~~rules~~for of the ~~U.S.~~ ~~Securities~~purpose ~~and~~of ~~Exchange~~winding up, ~~Commission~~ (~~“SEC”~~ii) as ~~and~~promptly ~~file~~as ~~tender~~reasonably ~~offer~~possible ~~documents~~but ~~with~~not ~~the~~more ~~SEC~~than ~~prior~~ten business days ~~to completing a Business Combination. If~~thereafter, ~~however,~~redeem ~~shareholder approval of~~ the ~~transaction~~public isshares, at ~~required~~a ~~by law~~per-share price, orpayable ~~the~~in ~~Company~~cash, ~~decides~~equal to ~~obtain~~the ~~shareholder~~aggregate ~~approval for~~amount ~~business~~then oron ~~legal~~deposit ~~reasons,~~in the ~~Company~~Trust ~~will~~Account, ~~offer~~including tointerest ~~redeem~~earned on ~~shares~~the infunds ~~conjunction~~held ~~with~~in ~~a proxy solicitation pursuant to~~ the ~~proxy rules~~Trust Account and not ~~pursuant~~previously released to the ~~tender~~Company ~~offer~~to ~~rules.~~pay ~~Additionally,~~taxes ~~each~~(less ~~public~~up ~~shareholder may elect~~ to ~~redeem~~$100,000 ~~their~~of ~~Public~~interest ~~Shares~~to ~~irrespective~~pay ofdissolution ~~whether~~expenses), ~~they~~divided ~~vote~~by ~~for or against~~ the ~~proposed~~number ~~transaction.~~of Ifthen ~~the~~outstanding ~~Company~~public ~~seeks shareholder approval in connection with a Business Combination~~shares, ~~the~~which ~~Company’s~~redemption ~~Sponsor~~will ~~and~~completely ~~any~~extinguish ofpublic ~~the Company~~shareholders’s rights ~~officers or directors that may hold Founder Shares (~~as ~~defined in~~shareholders ~~Note 5)~~ (~~the~~including ~~“Initial Shareholders”) and~~ the ~~underwriters~~right ~~have agreed (a)~~ to ~~vote~~receive ~~their~~further ~~Founder~~liquidation ~~Shares~~distributions, ~~Private~~if ~~Shares (as defined in Note 4~~any), ~~Shares~~subject ~~issued~~to asapplicable ~~underwriting~~law, ~~commissions~~and (~~see Note 6~~iii) as promptly ~~and~~as ~~any~~reasonably ~~Public~~possible ~~Shares~~following ~~purchased~~such ~~during~~redemption, orsubject ~~after~~to the ~~IPO in~~approval ~~favor~~ of ~~approving~~its aremaining ~~Business~~shareholders ~~Combination~~ and ~~(b)~~its ~~not~~board toof ~~convert~~directors, liquidate ~~any~~and ~~shares~~dissolve, ~~(including~~subject ~~the Founder Shares)~~ in ~~connection~~each ~~with~~case ~~a shareholder vote~~ to ~~approve,~~its orobligations ~~sell~~under ~~the~~Cayman ~~shares~~Islands law to ~~the~~provide ~~Company~~for inclaims ~~any~~of ~~tender~~creditors ~~offer~~and inthe ~~connection~~requirements of ~~with,~~other aapplicable ~~proposed Business Combination~~law.

~~Notwithstanding~~The ~~the~~Sponsor, ~~foregoing~~officers and directors have agreed to (i) waive their redemption rights with respect to their initial shares, ifprivate ~~the~~placement ~~Company~~shares and public shares ~~seeks~~in ~~shareholder~~connection ~~approval~~with the completion of athe ~~Business~~initial ~~Combination~~business combination; (ii) waive their redemption rights with respect to their initial shares, private placement shares and itpublic ~~does~~shares ~~not~~in ~~conduct~~connection ~~redemptions~~with ~~pursuant~~a shareholder vote to ~~the~~approve ~~tender~~an ~~offer~~amendment ~~rules,~~to the amended and restated memorandum and articles of association ~~provides~~(a) ~~that~~to amodify ~~public~~the ~~shareholder,~~substance ~~together~~or timing of the obligation to allow redemption in connection with the ~~any~~initial ~~affiliate~~business combination or to redeem 100% of ~~such~~the ~~shareholder~~public shares if the Company has not consummated an initial business combination orwithin ~~any~~the ~~other~~completion ~~person~~window or (b) with ~~whom~~respect ~~such~~to ~~shareholder~~any isother ~~acting~~material inprovisions ~~concert~~relating to shareholders’ rights or aspre-initial business acombination ~~“group”~~activity; (asiii) ~~defined~~waive ~~under~~their ~~Section 13~~rights ofto liquidating distributions from the trust account with respect to their initial shares and private placement shares if the ~~Securities~~Company ~~Exchange~~fails ~~Act~~to ofcomplete ~~1934,~~the asinitial ~~amended~~business (combination within the ~~“Exchange~~completion ~~Act”))~~window, although they will be ~~restricted~~entitled to liquidating distributions from ~~redeeming~~the ~~its~~trust ~~shares~~account with respect to ~~more~~any ~~than~~public anshares ~~aggregate~~they ofhold ~~15%~~if the Company fails to complete the initial business combination within the prescribed time frame; and (iv) vote any initial shares and private placement shares held by them and any public shares purchased during or ~~more~~after the IPO (including in open market and privately-negotiated transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e-5 under the ~~Public~~Exchange ~~Shares~~Act, ~~without~~which ~~the~~would ~~prior~~not ~~consent~~be voted in favor of the ~~Company~~initial business combination.

~~The~~In ~~Company~~order ~~has~~to ~~determined~~protect ~~not~~the ~~to consummate~~amounts ~~any~~held ~~Business~~in ~~Combination~~the ~~unless~~Trust Account, the ~~Company~~Sponsor has ~~net~~agreed ~~tangible~~that ~~assets~~it ofwill atbe ~~least~~liable ~~$5,000,001~~to ~~upon~~the ~~such~~Company ~~consummation~~if inand ~~order~~ to ~~avoid~~the ~~being subject~~extent toany ~~Rule 419~~claims ~~promulgated~~by ~~under~~a ~~the~~third ~~Securities~~party for ~~Act.~~services ~~However,~~rendered ifor products sold to the Company, ~~seeks~~or toa ~~consummate~~prospective antarget ~~initial~~business ~~Business Combination~~ with awhich ~~target~~the ~~business~~Company ~~that~~has ~~imposes~~entered ~~any~~into ~~type~~a written letter of ~~working~~intent, ~~capital~~confidentiality ~~closing~~or ~~condition~~other orsimilar ~~requires~~agreement usor toBusiness ~~have~~Combination aagreement, ~~minimum~~reduce the amount of funds ~~available from~~in the Trust Account ~~upon~~to ~~consummation~~below the lesser of ~~such~~(i) ~~initial~~$10.00 ~~Business~~per ~~Combination,~~public ~~its~~share ~~net~~and ~~tangible~~(ii) ~~asset~~the ~~threshold~~actual ~~may~~amount ~~limit~~per public share held in the ~~Company’s ability~~Trust toAccount ~~consummate~~as ~~such~~of the ~~initial~~date ~~Business~~of ~~Combination~~the ~~(as~~liquidation of the ~~Company~~Trust ~~may~~Account, beif ~~required~~less than $10.00 per share due to ~~have~~reductions ain ~~lesser~~the ~~number~~value of ~~shares~~the ~~redeemed)~~trust ~~and~~assets, less ~~may~~taxes ~~force~~payable, ~~the~~provided ~~Company~~that such liability will not apply to ~~seek~~any claims by a third party ~~financing~~or ~~which~~prospective ~~may~~target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not besuch ~~available~~waiver onis ~~terms~~enforceable) ~~acceptable~~nor will it apply to any claims under the Company’s orindemnity atof ~~all.~~the Asunderwriters aof ~~result~~the IPO against certain liabilities, including liabilities under the Securities Act. However, the Company ~~may~~has not beasked ~~able~~the Sponsor to ~~consummate~~reserve for such ~~initial~~indemnification ~~Business~~obligations, ~~Combination~~nor ~~and~~has the Company independently ~~may~~verified ~~not~~whether bethe ~~able~~Sponsor has sufficient funds to ~~locate~~satisfy ~~another~~its ~~suitable target~~indemnity ~~within~~obligations and the ~~applicable~~Company ~~time~~believes ~~period~~that the Sponsor’s only assets are securities of the Company. Therefore, ifthe atCompany ~~all~~cannot assure the Sponsor will be able to satisfy those obligations.

The Company will have 15 months from the closing of the IPO (the “Completion Window”) to complete its initial Business Combination. If the Company is unable to complete its initial Business Combination within such period, unless the Company extends such period pursuant to its amended and restated memorandum and articles of association (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to the amended and restated memorandum and articles of association), 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 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 and not previously released to the Company to pay taxes (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’ 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 its remaining shareholders and its board of directors, liquidate and dissolve, subject in each case to its obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law.6

~~The~~Table ~~Sponsor, officers and directors have agreed to (i) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with the completion~~ of the initial business combination; (ii) waive their redemption rights with respect to their initial shares, private shares and public shares in connection with a shareholder vote to approve an amendment to the amended and restated memorandum and articles of association (a) to modify the substance or timing of the obligation to allow redemption in connection with the initial business combination or to redeem 100% of the public shares if the Company has not consummated an initial business combination within the completion window or (b) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity; (iii) waive their rights to liquidating distributions from the trust account with respect to their initial shares and private shares if we fail to complete the initial business combination within the completion window, although they will be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we fail to complete the initial business combination within the prescribed time frame; and (iv) vote any initial shares and private shares held by them and any public shares purchased during or after the IPO (including in open market and privately-negotiated transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act, which would not be voted in favor of the initial business combination.Contents

6The Merger Agreement

~~Table~~On May 1, 2026, BPAC entered into an Agreement and Plan of ~~Contents~~Merger (as it may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”) with (i) NeoCryo Inc, a Cayman Islands exempted company and wholly owned subsidiary of BPAC (the “Purchaser”), (ii) NeoCryo Merger Sub Ltd, a Cayman Islands exempted company and wholly owned subsidiary of BPAC (“Merger Sub”), and (iii) SINGAUTO Inc., a Cayman Islands exempted company (the “SINGAUTO”), to effect a two-step business combination resulting in a new publicly traded holding company (“PubCo”). The transaction is structured in two sequential mergers:

InReincorporation ~~order~~Merger: Upon tothe ~~protect~~closing of the ~~amounts~~transactions ~~held~~contemplated in the ~~Trust Account~~Merger Agreement, ~~The~~and ~~Sponsor~~subject ~~has agreed that it will be liable~~ to the ~~Company~~terms if and toconditions ~~the~~set ~~extent~~forth ~~any claims by a third party for services rendered~~therein, orBPAC ~~products~~will ~~sold~~merge ~~to the Company, or a prospective target business~~ with ~~which~~and ~~the Company has entered~~ into athe ~~written letter of intent~~Purchaser, ~~confidentiality~~ orwith ~~other similar agreement or Business Combination agreement, reduce~~ the ~~amount~~Purchaser ofsurviving ~~funds~~as inPubCo (the ~~Trust~~“Reincorporation ~~Account~~Merger”). toIn ~~below~~connection with the ~~lesser~~Reincorporation ofMerger, (i) ~~$10.00~~all ~~per~~issued ~~public share~~ and ~~(ii)~~outstanding ~~the~~Class ~~actual~~B ~~amount~~ordinary ~~per~~shares ~~public~~will ~~share~~be ~~held~~converted inautomatically ~~the~~into ~~Trust~~Class ~~Account~~A ~~as of the date of the~~ordinary ~~liquidation of the Trust Account~~shares, if(ii) ~~less~~all ~~than~~issued ~~$10.00~~and ~~per~~outstanding ~~share~~units ~~due to reductions in the value of the trust assets, less taxes payable, provided that such liability~~ will ~~not~~be ~~apply~~separated toautomatically ~~any~~into ~~claims~~their byindividual acomponents ~~third~~of ~~party~~Class orA ~~prospective~~ordinary ~~target business who executed a waiver of any~~shares and ~~all~~ rights, toand ~~the~~will ~~monies~~cease ~~held~~separate inexistence ~~the~~and ~~Trust~~trading, ~~Account~~ (~~whether or not such waiver is enforceable~~iii) ~~nor~~all ~~will~~issued itand ~~apply~~outstanding toClass ~~any~~A ~~claims~~ordinary ~~under the~~shares ~~Company’s~~will ~~indemnity~~be ~~of the underwriters of the IPO against certain liabilities, including liabilities under the Securities~~converted ~~Act.~~automatically ~~However,~~into ~~the~~Purchaser ~~Company~~ordinary ~~has~~shares ~~not~~on ~~asked~~a ~~the Sponsor to reserve~~ one-for-one ~~such indemnification obligations~~basis, ~~nor~~and ~~has~~(iv) ~~the~~each ~~Company~~issued ~~independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations~~ and ~~the~~outstanding ~~Company~~right ~~believes~~will ~~that~~be ~~the~~converted ~~Sponsor’s~~into ~~only~~a ~~assets~~right ~~are~~to ~~securities~~receive one-sixth of ~~the~~one ~~Company.~~Purchaser ~~Therefore,~~ordinary ~~the~~share ~~Company~~at ~~cannot assure the Sponsor will be able to satisfy those obligations~~closing.

~~Going~~Acquisition ~~Concern~~Merger: At ~~Consideration~~least one business day after the Reincorporation Merger, Merger Sub will merge with and into SINGAUTO, with SINGAUTO surviving as a wholly owned subsidiary of PubCo (the “Acquisition Merger”). As a result of the Acquisition Merger, all outstanding equity interests of SINGAUTO will be cancelled and converted into the right to receive merger consideration.

AsPursuant ofto ~~September~~the ~~30,~~terms ~~2025,~~of the ~~Company had~~ $5Merger Agreement,~~000~~ inthe ~~cash~~aggregate ~~and~~consideration apayable ~~working~~to ~~capital~~SINGAUTO’s ~~deficit~~shareholders ofis $~~231,823~~1.2 ~~The~~billion, ~~Sponsor~~payable ~~agreed~~entirely toin ~~provide the Company with a non-interest bearing~~equity, ~~unsecured~~ ~~loan~~ consisting of ~~up to $300~~120,000,000 toPubCo ~~cover~~ordinary ~~part~~shares ofvalued ~~the~~at ~~IPO~~$10.00 ~~expenses~~per share. The ~~loan~~Merger ~~was~~Agreement ~~fully~~may ~~repaid~~be ~~upon~~terminated ~~the~~under ~~closing~~customary ~~of the IPO out of the~~circumstances, ~~offering~~including ~~proceeds~~failure ~~not~~to ~~held~~obtain inrequired ~~the~~approvals, ~~Trust~~uncured ~~Account. As of September 30~~breaches, ~~2025,~~legal ~~$206~~prohibitions,~~823~~ ~~was~~or ~~outstanding~~failure ~~under~~to ~~the~~execute ~~promissory~~a ~~note~~required ~~as discussed~~IP ~~in Note 5~~cooperation agreement.

~~The~~Key ~~Company~~Related currently has until February 13, 2027 (unless the Company extends such period by amending its Amended and Restated Memorandum and Articles of Association) to consummate the initial business combination. If the Company does not complete a business combination within the prescribed timeline, the Company will trigger an automatic winding up, dissolution and liquidation pursuant to the terms of the Amended and Restated Memorandum and Articles of Association. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the Company has determined that it has incurred and expects to continue to incur significant costs in pursuit of its acquisition plans. There is no assurance that the Company’s plans to raise capital or to consummate a Business Combination will be successful within the Combination Period. The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statement. Therefore, management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the business combination or the date the Company is required to liquidate. The unaudited condensed financial statements do not include any adjustments that might result from outcome of these uncertainties.Agreements:

~~Risks~~● Company Support Agreement: Certain SINGAUTO shareholders agreed to vote in favor of the Merger Agreement and ~~Uncertainties~~ the transactions contemplated thereby and restrict transfers of their SINGAUTO shares until closing or termination.

~~Various~~● ~~social~~Sponsor ~~and~~Support ~~political~~Agreement: ~~circumstances~~The ~~in the~~Sponsor ~~U.S.~~ and ~~around~~certain ~~the~~of ~~world~~its ~~(including~~affiliates ~~tariffs,~~agreed ~~rising~~to ~~trade~~vote ~~tensions~~in ~~between~~favor of the ~~U.S.~~Merger ~~and~~Agreement ~~China,~~ and ~~other uncertainties regarding actual and potential shifts in~~ the ~~U.S.~~transactions ~~and~~contemplated ~~foreign~~thereby, ~~trade,~~waive ~~economic~~redemption ~~and other policies with other countries)~~rights, ~~may~~and ~~contribute~~not totransfer ~~increased market~~their ~~volatility~~BPAC ~~and~~shares ~~economic~~until ~~uncertainties~~closing or ~~deterioration in the U~~termination.~~S. and worldwide.~~

As● aLock-Up ~~result~~Agreements: ofAt ~~these~~closing, ~~circumstances and~~ the ~~ongoing Russia/Ukraine,~~Sponsor ~~Hamas/Israel conflicts~~ and~~/or~~ ~~other~~certain ~~future~~significant ~~global~~shareholders ~~conflicts,~~(≥5% ~~the~~holders) ~~Company’s~~will ~~ability to consummate a Business Combination, or the operations of a target business with which the Company ultimately consummates a Business Combination, may~~ be ~~materially~~subject ~~and adversely affected. Although the length and impact of the ongoing conflicts are highly unpredictable, they could lead~~ to ~~market~~transfer ~~disruptions,~~restrictions ~~including significant~~on ~~volatility~~their inPubCo ~~commodity~~ordinary ~~prices~~shares, ~~credit~~generally ~~and~~lasting ~~capital~~30 ~~markets,~~days asfor ~~well~~sponsor-related asshares ~~supply chain interruptions~~ and ~~increased~~180 ~~cyberattacks against~~days ~~U.S.~~for ~~companies.~~other ~~Additionally~~shareholders, ~~any~~subject ~~resulting sanctions could adversely affect the global economy and financial markets and lead~~ to ~~instability~~early ~~and~~release ~~lack~~upon ofcertain ~~liquidity~~specified instock ~~capital~~price ~~markets.~~thresholds ~~The~~or ~~unaudited~~certain ~~condensed financial statements do not include any adjustments that might result from the outcome~~ change-of-control ~~these uncertainties~~events.

~~Note~~● 2Registration —Rights ~~Basis~~Agreement: PubCo will enter into a registration rights agreement with certain shareholders of ~~Presentation~~SINGAUTO and ~~Summary~~BPAC, pursuant to which such shareholders will be provided demand and “piggy-back” registration rights, subject to certain requirements and customary conditions. All expenses of ~~Significant Accounting~~registration ~~Policies~~will be paid by PubCo.

~~Basis~~● ofIP ~~Presentation~~Cooperation Agreement: SINGAUTO is required to enter into the IP cooperation agreement, in a form acceptable to BPAC, within a specified period.

~~These accompanying unaudited condensed financial~~Going ~~statements~~Concern have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement of the balances and results for the periods presented. The unaudited condensed financial statements should be read in conjunction with the Company’s audited financials for the period from January 13, 2025 (inception) through June 30, 2025 included in the Company’s Form S-1 filing. The interim results for the period from January 13, 2025 (inception) through September 30, 2025 are not necessarily indicative of the results to be expected for the year ending December 31, 2025 or for any future interim periods. Consideration

~~Emerging~~As ~~Growth~~of March 31, 2026, the Company had $97,816 in cash and working capital of $49,155. The Sponsor agreed to provide the Company with a non-interest bearing, unsecured loan of up to $300,000 to cover part of the IPO expenses. The loan was fully repaid upon the closing of the IPO out of the offering proceeds not held in the Trust Account. As of March 31, 2026 and December 31, 2025, there was no amount outstanding under the promissory note as discussed in Note 5.

The Company iscurrently anhas until ~~“emerging~~February ~~growth company~~13,” 2027 (unless the Company extends such period by amending its Amended and Restated Memorandum and Articles of Association) asto ~~defined~~consummate inthe ~~Section 2(~~initial business combination. If the Company does not complete a) ofbusiness combination within the ~~Securities~~prescribed ~~Act~~timeline, the asCompany ~~modified~~will bytrigger an automatic winding up, dissolution and liquidation pursuant to the ~~Jumpstart~~terms ~~Our~~of ~~Business~~the ~~Startups~~Amended ~~Act~~and Restated Memorandum and Articles of ~~2012~~Association. (In connection with the ~~“JOBS~~Company’s assessment of going concern considerations in accordance with Financial ~~Act~~Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, ~~and~~“Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the Company has determined that it ~~may~~has ~~take~~incurred ~~advantage~~and expects to continue to incur significant costs in pursuit of ~~certain~~its ~~exemptions~~acquisition ~~from~~plans. ~~various~~There ~~reporting~~is ~~requirements~~no assurance that ~~are~~the ~~applicable~~Company’s plans to ~~other~~raise ~~public~~capital ~~companies~~or ~~that~~to ~~are~~consummate ~~not~~a ~~emerging~~Business ~~growth~~Combination ~~companies~~will ~~including,~~be ~~but~~successful ~~not~~within ~~limited~~the ~~to,~~combination ~~not~~period. ~~being~~The ~~required~~Company lacks the financial resources it needs to ~~comply~~sustain ~~with~~operations ~~the~~for ~~independent~~a ~~registered public~~reasonable ~~accounting~~period ~~firm~~of ~~attestation~~time, ~~requirements~~which is considered to be one year from the date of ~~Section 404~~the issuance of the ~~Sarbanes-Oxley~~financial statement. ~~Act~~Therefore, ~~reduced~~management ~~disclosure~~has ~~obligations~~determined ~~regarding executive~~that ~~compensation~~these inconditions ~~its~~raise ~~periodic~~substantial ~~reports~~doubt ~~and~~about ~~proxy~~the ~~statements,~~Company’s ~~and~~ability ~~exemptions~~to ~~from~~continue as a going concern until the ~~requirements~~earlier of ~~holding~~the aconsummation ~~nonbinding~~of ~~advisory~~the business combination or the date the Company is required to liquidate. ~~vote~~The onunaudited ~~executive~~condensed ~~compensation~~financial ~~and~~statements ~~shareholder~~do ~~approval~~not ofinclude any ~~golden~~adjustments ~~parachute~~that ~~payments~~might ~~not~~result ~~previously~~from ~~approved~~the Company’s inability to continue as a going concern.

7Risks and Uncertainties

~~Table~~Various social ofand ~~Contents~~political circumstances in the U.S. and around the world (including tariffs, rising trade tensions between the U.S. and China, and other uncertainties regarding actual and potential shifts in the U.S. and foreign, trade, economic and other policies with other countries), may contribute to increased market volatility and economic uncertainties or deterioration in the U.S. and worldwide.

~~Further,~~As a ~~Section 102(b)(1)~~result of ~~the~~these ~~JOBS~~circumstances ~~Act exempts~~and ~~emerging~~the ~~growth~~ongoing ~~companies~~geopolitical ~~from~~conflicts ~~being required to comply with new~~ and/or ~~revised~~other ~~financial~~future ~~accounting~~global ~~standards~~conflicts, ~~until~~the ~~private~~Company’s ~~companies~~ability ~~(that~~to ~~is,~~consummate ~~those that have not had~~ a ~~Securities~~Business ~~Act~~Combination, ~~registration statement declared effective~~ or dothe ~~not~~operations ~~have~~of a ~~class~~target ofbusiness ~~securities~~with ~~registered under~~which the ~~Exchange~~Company ~~Act)~~ultimately ~~are~~consummates ~~required~~a toBusiness Combination, ~~comply~~may ~~with~~be ~~the~~materially ~~new~~and oradversely ~~revised financial accounting standards~~affected. ~~The~~Although ~~JOBS Act provides that a company can elect to opt out of~~ the ~~extended~~length ~~transition period~~ and ~~comply~~impact ~~with~~of the ~~requirements~~ongoing ~~that~~conflicts ~~apply~~are tohighly ~~non-emerging growth companies but~~unpredictable, ~~any~~they ~~such~~could ~~election~~lead to ~~opt~~market ~~out~~disruptions, isincluding ~~irrevocable.~~significant ~~The~~volatility ~~Company~~in ~~has~~commodity ~~elected~~prices, ~~not~~credit toand ~~opt~~capital ~~out~~markets, ofas ~~such~~well ~~extended~~as ~~transition period which means that~~supply ~~when~~chain ainterruptions ~~standard is issued or revised~~ and itincreased ~~has~~cyberattacks ~~different~~against ~~application~~U.S. ~~dates for public or private~~ companies,. ~~the Company~~Additionally, asany anresulting ~~emerging growth~~sanctions ~~company,~~could ~~can~~adversely ~~adopt~~affect the global ~~new~~economy orand ~~revised~~financial ~~standard~~markets atand ~~the~~lead ~~time~~to ~~private~~instability ~~companies~~and ~~adopt~~lack ~~the~~of ~~new~~liquidity orin ~~revised~~capital ~~standard~~markets. ~~This~~The ~~may~~unaudited ~~make comparison~~condensed ~~of the Company’s~~ financial statements ~~with~~do ~~another~~not ~~public~~include ~~company~~any ~~that~~adjustments ~~is neither an emerging growth company nor an emerging growth company~~ that ~~has~~might ~~opted~~result ~~out~~from ~~of using~~ the ~~extended~~outcome ~~transition period difficult or impossible because~~ of ~~the~~these ~~potential differences in accounting standards used~~uncertainties.

~~Use of Estimates~~7

InTable ~~preparing these unaudited condensed financial statements in conformity with U.S. GAAP, the Company’s management makes 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 statement.~~Contents

~~Making estimates requires management to exercise~~Note ~~significant~~2 ~~judgment.~~— ItBasis ~~is at least reasonably possible that the estimate~~ of ~~the~~Presentation ~~effect~~and ofSummary ~~a condition, situation or set~~ of ~~circumstances that~~Significant ~~existed~~Accounting at the date of the financial statement, 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 significantly from those estimates. Policies

~~Cash~~Basis of ~~and Cash Equivalents~~Presentation

~~The~~These accompanying ~~Company~~unaudited ~~considers~~condensed ~~all~~financial ~~short-term~~statements ~~investments~~ have been prepared in accordance with anaccounting ~~original~~principles ~~maturity~~generally ofaccepted in ~~three~~the ~~months~~United orStates ~~less~~of ~~when~~America ~~purchased~~(“U.S. GAAP”) and pursuant to bethe ~~cash~~rules ~~equivalents~~and regulations of the SEC. Accordingly, they do not include all of the information and footnotes required by GAAP. In the opinion of management, the unaudited condensed financial statements reflect all adjustments, which include only normal recurring adjustments necessary for the fair statement of the balances and results for the periods presented. The unaudited condensed financial statements should be read in conjunction with the Company’s ~~had~~audited financial $5statements for the fiscal year ended December 31,~~000~~ 2025 included in ~~cash~~the ~~and~~Form ~~none~~10K infiled ~~cash~~with the SEC on February 26, 2026. The ~~equivalents~~interim asresults for the three months ended March 31, 2026 are not necessarily indicative of ~~September~~the 30results to be expected for the year ending December 31, ~~2025~~2026 or for any future interim periods.

~~Deferred~~Emerging Growth ~~Offering Costs~~Company

~~Deferred~~The Company ~~offering~~is ~~costs~~an ~~consist~~“emerging ofgrowth ~~legal~~company,” ~~and~~as ~~other professional~~defined ~~expenses~~in ~~incurred~~Section 2(a) ~~through~~of the ~~balance~~Securities ~~sheet~~Act, ~~date~~as ~~that~~modified ~~are~~by ~~directly~~the ~~related~~Jumpstart Our toBusiness Startups Act of 2012 (the ~~IPO.~~“JOBS ~~Offering~~Act”), ~~costs~~and ~~are~~it ~~allocated~~may totake ~~the separable~~advantage ~~financial~~of ~~instruments~~certain ~~issued~~exemptions infrom ~~the~~various ~~initial~~reporting requirements that are applicable to other public ~~offering~~companies ~~based~~that onare anot ~~relative~~emerging ~~fair~~growth ~~value~~companies ~~basis~~including, ~~compared~~but tonot ~~total~~limited ~~proceeds~~to, not ~~received.~~being ~~Should~~required to comply with the ~~IPO~~independent ~~prove~~registered topublic beaccounting ~~unsuccessful,~~firm ~~these~~attestation ~~deferred~~requirements ~~costs~~of Section 404 of the Sarbanes-Oxley Act, asreduced ~~well~~disclosure asobligations ~~additional~~regarding ~~expenses~~executive tocompensation bein ~~incurred~~its periodic reports and proxy statements, ~~will~~and beexemptions ~~charged~~from tothe ~~operations.~~requirements As of ~~September~~holding ~~30,~~a ~~2025,~~nonbinding ~~the~~advisory ~~Company~~vote ~~recorded~~on ~~deferred~~executive ~~offering~~compensation ~~costs~~and shareholder approval of ~~$177,701~~any golden parachute payments not previously approved.

~~Concentration~~Further, Section 102(b)(1) of ~~Credit~~the ~~Risk~~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’s financial statements with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

~~Financial instruments that potentially subject~~Use ~~the Company to concentrations~~ of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such an account.Estimates

~~Income~~In preparing ~~Taxes~~these unaudited condensed financial statements in conformity with U.S. GAAP, the Company’s management makes 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.

~~The Company follows the asset and liability method~~Making ofestimates ~~accounting~~requires ~~for~~management ~~income~~to ~~taxes~~exercise ~~under~~significant ~~ASC 740, “Income Taxes~~judgment.” ~~Deferred~~It ~~tax~~is ~~assets~~at ~~and~~least ~~liabilities~~reasonably ~~are~~possible ~~recognized~~that ~~for~~ the ~~estimated~~ ~~future~~estimate ~~tax~~of ~~consequences attributable to differences between~~ the ~~financial~~effect ~~statements carrying amounts~~ of ~~existing assets and~~ ~~liabilities~~a ~~and~~condition, ~~their~~situation ~~respective~~or ~~tax~~set ~~bases.~~of ~~Deferred~~circumstances ~~tax~~that ~~assets~~existed ~~and~~at ~~liabilities~~the ~~are~~date ~~measured~~of ~~using enacted tax rates expected to apply to taxable income in~~ the ~~years~~financial instatements, which ~~those~~management ~~temporary~~considered ~~differences~~in ~~are expected to be recovered or settled. The effect on deferred tax~~formulating ~~assets~~its ~~and~~estimate, ~~liabilities~~could ~~of a~~ change in ~~tax rates is recognized in income in~~ the ~~period~~near ~~that~~term ~~included~~due ~~the enactment date. Valuation allowances are established, when necessary,~~ to ~~reduce~~one deferred tax assets to the amount expected to be realized. 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~~future ~~than~~confirming ~~not to be sustained upon examination by taxing authorities~~events. 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 September 30Accordingly, ~~2025.~~the ~~The~~actual ~~Company~~results iscould ~~currently~~differ ~~not~~significantly ~~aware of any issues under review that could result in significant payments, accruals or material deviation~~ from ~~its~~those ~~position~~estimates. ~~The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.~~

~~The Company is a Cayman Islands exempt company~~Cash ~~with no connection to any other taxable jurisdiction~~ and isCash ~~presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented.~~Equivalents

8The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had $97,816 and $480,852 in cash and none in cash equivalents as of March 31, 2026 and December 31, 2025, respectively.

~~Table~~ Concentrations of ~~Contents~~Credit Risk

~~Fair~~Financial ~~Value~~instruments that potentially subject the Company to concentrations of ~~Financial~~credit ~~Instruments~~risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Deposit Insurance Coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such an account.

The Company’s ~~fair~~funds ~~value~~held ofin the ~~Company’s~~Trust ~~assets~~Account are invested in U.S. Treasury securities with a maturity of 185 days or less or in money ~~and~~market ~~liabilities,~~funds ~~which~~that ~~qualify~~invest asexclusively ~~financial~~in ~~instruments~~U.S. ~~under~~Treasury ~~ASC~~obligations. ~~825,~~These ~~“Financial~~investments ~~Instruments~~are not subject to FDIC insurance; however,” ~~approximates~~U.S. Treasury securities are backed by the ~~carrying amounts~~full ~~represented~~faith inand credit of the ~~accompanying~~U.S. ~~balance~~government. ~~sheet,~~Management ~~primarily~~does ~~due~~not believe the Company is exposed to ~~their~~significant ~~short-term~~credit ~~nature~~risk in connection with the Trust Account investments.

~~The Company applies ASC 820, which establishes~~Income a framework for measuring fair value and clarifies the definition of fair value within that framework. ASC 820 defines fair value as an exit price, which is the price that would be received for an asset or paid to transfer a liability in the Company’s principal or most advantageous market in an orderly transaction between market participants on the measurement date. The fair value hierarchy established in ASC 820 generally requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect the assumptions that market participants would use in pricing the asset or liability and are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the entity’s own assumptions based on market data and the entity’s judgments about the assumptions that market participants would use in pricing the asset or liability and are to be developed based on the best information available in the circumstances.Taxes

	Level 1 —	Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities.
	Level 2 —	Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals.
	Level 3 —	Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities.

The Company follows the asset and liability method of accounting for income taxes under ASC 740, “Income Taxes.” 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. 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. 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 March 31, 2026. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.

~~Class~~The Company Ais ~~Ordinary~~a ~~Shares~~Cayman ~~Subject~~Islands exempt company with no connection to ~~Possible~~any other taxable jurisdiction and is presently not subject to income ~~Redemption~~taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented.

The Company will account for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480, “Distinguishing Liabilities from Equity” (ASC 480). Ordinary shares subject to mandatory redemption (if any) will be classified as a liability instrument and will be measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that features redemption rights that are either within the control of the holder, or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) will be classified as temporary equity. At all other times, ordinary shares will be classified as stockholders’ equity. In accordance with ASC 480-10-S99, the Company will classify Class A ordinary shares subject to redemption outside of permanent equity as the redemption provisions are not solely within the control of the Company. Given that the 5,750,000 ordinary shares sold as part of the units in the IPO will be issued with other freestanding instruments (i.e., rights), the initial carrying value of ordinary shares classified as temporary equity will be the allocated proceeds determined in accordance with ASC 470-20. If it is probable that the equity instrument will become redeemable, the Company has the option to either (i) accrete changes in the redemption value over the period from the date of issuance (or from the date that it becomes probable that the instrument will become redeemable, if later) to the earliest redemption date of the instrument or (ii) recognize changes in the redemption value immediately as they occur and adjust the carrying amount of the instrument to equal the redemption value at the end of each reporting period. The Company has elected to recognize the changes in redemption value in additional paid-in capital (or accumulated deficit in the absence of additional paid-in capital) over an expected 15-month period, which is the initial period that the Company has to complete a Business Combination.8

~~Rights~~Table ~~Accounting~~of Contents

~~The Company accounts for rights as either equity-classified~~Fair orValue ~~liability-classified instruments based on an assessment~~ of ~~the~~Financial right’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the rights are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the rights meet all of the requirements for equity classification under ASC 815, including whether the rights are indexed to the Company’s own ordinary shares and whether the right holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of right issuance and as of each subsequent quarterly period end date while the rights are outstanding.Instruments

~~For~~The fair ~~issued~~value ~~or modified rights that meet all~~ of the ~~criteria~~Company’s ~~for~~assets ~~equity~~and ~~classification~~liabilities, ~~the~~which ~~rights~~qualify ~~are required to be recorded~~ as afinancial ~~component~~instruments ofunder ~~equity~~ASC at825, ~~the~~“Financial ~~time of issuance. For~~Instruments,” ~~issued~~approximates orthe ~~modified~~carrying ~~rights~~amounts ~~that~~represented doin ~~not meet all~~ the ~~criteria~~accompanying ~~for~~balance ~~equity classification~~sheet, ~~the~~primarily ~~rights~~due ~~are required~~ to ~~be recorded as liabilities at~~ their ~~initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the rights are recognized as a non~~short-~~cash~~term ~~gain or loss on the statements of operations~~nature.

AsThe Company applies ASC 820, which establishes a framework for measuring fair value and clarifies the ~~rights~~definition ~~issued~~of ~~upon~~fair value within that framework. ASC 820 defines fair value as an exit price, which is the ~~closing~~price that would be received for an asset or paid to transfer a liability in the Company’s principal or most advantageous market in an orderly transaction between market participants on the measurement date. The fair value hierarchy established in ASC 820 generally requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect the assumptions that market participants ~~IPO~~would use in pricing the asset or liability and ~~sale~~are developed based on market data obtained from sources independent of ~~Private~~the ~~Placement~~reporting entity. ~~Units~~Unobservable ~~have~~inputs ~~met~~reflect the ~~criteria~~entity’s ~~for~~own ~~equity~~assumptions ~~classification~~based ~~under~~on ~~ASC~~market ~~815,~~data ~~therefore,~~and the ~~rights~~entity’s ~~are~~judgments ~~classified~~about the asassumptions ~~equity;~~that ~~see~~market ~~Note 7~~participants ~~for~~would ~~detail~~use ~~description~~in pricing the asset or liability and are to be developed based on the best information available in the circumstances.

Net Loss per Ordinary Share

	Level 1 —	Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities.

	Level 2 —	Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals.

	Level 3 —	Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities.

~~Net loss per ordinary share is computed by dividing~~Class ~~net~~A ~~loss~~Ordinary byShares ~~the~~Subject ~~weighted average number of ordinary shares outstanding during the period, excluding ordinary shares subject~~ to ~~forfeiture. Weighted~~Possible average shares were reduced for the effect of an aggregate of 187,500 ordinary shares that are subject to forfeiture if the over-allotment option is not exercised by the underwriters (see Note 5). As of September 30, 2025, 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 net loss per share is the same as basic net loss per ordinary share for the period presented.Redemption

9The Company will account for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480, “Distinguishing Liabilities from Equity” (ASC 480). Ordinary shares subject to mandatory redemption (if any) will be classified as a liability instrument and will be measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that features redemption rights that are either within the control of the holder, or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) will be classified as temporary equity. At all other times, ordinary shares will be classified as stockholders’ equity. In accordance with ASC 480-10-S99, the Company will classify Class A ordinary shares subject to redemption outside of permanent equity as the redemption provisions are not solely within the control of the Company. Given that the 5,750,000 ordinary shares sold as part of the units in the IPO will be issued with other freestanding instruments (i.e., rights), the initial carrying value of ordinary shares classified as temporary equity will be the allocated proceeds determined in accordance with ASC 470-20. If it is probable that the equity instrument will become redeemable, the Company has the option to either (i) accrete changes in the redemption value over the period from the date of issuance (or from the date that it becomes probable that the instrument will become redeemable, if later) to the earliest redemption date of the instrument or (ii) recognize changes in the redemption value immediately as they occur and adjust the carrying amount of the instrument to equal the redemption value at the end of each reporting period. The Company has elected to recognize the changes in redemption value in additional paid-in capital (or accumulated deficit in the absence of additional paid-in capital) over an expected 15-month period, which is the initial period that the Company has to complete a Business Combination. Accordingly, Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet.

~~Table of Contents~~9

~~Recent~~Table ~~Accounting~~of ~~Standards~~Contents

~~In November 2023, the FASB issued ASU No. 2023-07,~~As ~~Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires the disclosure~~ of ~~additional~~March ~~segment information. ASU No. 2023-07 is effective for fiscal years beginning after December 15~~31, ~~2023~~2026, ~~and~~the ~~interim~~Class ~~periods~~A ~~within~~ordinary ~~fiscal~~shares ~~years~~subject ~~beginning~~to ~~after December~~redemption ~~15,~~reflected ~~2024.~~in ~~The Company adopted ASU 2020-06 as of~~ the ~~inception~~balance ofsheet ~~the~~are ~~Company.~~reconciled ~~Adoption~~in of the ~~ASU~~following ~~did not impact the Company’s financial position, results of operations or cash flows.~~table:

In December 2023, the FASB issued ASU 2023-09, Income taxes (Topic 740): Improvements to Income Tax Disclosure (“ASU 2023-09”), which enhances the transparency and usefulness of income tax disclosures. ASU 2023-09 will be effective for fiscal years beginning after December 15, 2024. Early adoption is permitted for annual financial statements that have not yet been issued or made available for issuance. The Company is currently evaluating the impact of the pending adoption of ASU 2023-09 on its financial statement.

Gross proceeds	$	57,500,000
Less:
Proceeds allocated to Public Share Rights		(2,415,000	)
Class A ordinary shares issuance costs		(2,332,922	)
Plus: Subsequent measurement of ordinary shares subject to redemption (interest earned on trust account)		284,455
Accretion of carrying value to redemption value		303,957
Class A ordinary shares subject to possible redemption, December 31, 2025	$	53,340,490
Plus: Subsequent measurement of ordinary shares subject to redemption (interest earned on trust account)		509,125
Accretion of carrying value to redemption value		922,419
Class A ordinary shares subject to possible redemption, March 31, 2026	$	54,772,034

~~Management does not believe that any other recently~~Rights ~~issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statement.~~Accounting

~~Note~~The Company 3accounts —for ~~Initial~~rights ~~Public~~as ~~Offering~~either equity-classified or liability-classified instruments based on an assessment of the right’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the rights are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the rights meet all of the requirements for equity classification under ASC 815, including whether the rights are indexed to the Company’s own ordinary shares and whether the right holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of right issuance and as of each subsequent quarterly period end date while the rights are outstanding.

OnFor issued ~~November~~or ~~13,~~modified ~~2025,~~rights ~~the~~that ~~Company~~meet ~~sold~~all ~~5,750,000 Units~~of ~~(including~~the ~~full~~criteria ~~allotment~~for ofequity ~~750~~classification,~~000~~ ~~units),~~the atrights aare ~~price~~required ofto ~~$10.00~~be ~~per~~recorded ~~Unit.~~as ~~Each~~a ~~Unit consists~~ component of ~~one~~equity ~~Class~~at Athe ~~ordinary~~time ~~share~~of ~~with $0~~issuance.~~0001~~ ~~par~~For ~~value~~issued ~~and~~or ~~one~~modified ~~right~~rights ~~(the~~that ~~“Public~~do ~~Right”).~~not ~~Each~~meet ~~Public~~all ~~Right entitles~~ the ~~holder~~criteria tofor ~~receive~~equity ~~one-sixth~~classification, ~~(1/6)~~the ofrights ~~one~~are ~~Class~~required Ato ~~ordinary~~be ~~share~~recorded ~~upon~~as ~~the~~liabilities ~~consummation~~at oftheir an initial ~~business~~fair ~~combination.~~value ~~The~~on ~~Company~~the ~~will~~date ~~not~~of ~~issue~~issuance, ~~fractional~~and ~~shares~~each ~~upon the~~balance ~~conversion~~sheet ofdate ~~the rights~~thereafter. Changes Asin athe ~~result,~~estimated ~~the~~fair ~~holder~~value ~~must~~of ~~hold~~the rights inare ~~multiples~~recognized ofas ~~six~~a innon-cash ~~order~~gain toor ~~receive~~loss ~~shares~~on ~~for~~the ~~all~~statements of ~~their rights upon closing of a Business Combination~~operations.

~~Note~~As the 4rights —issued upon the closing of the IPO and sale of Private Placement Units have met the criteria for equity classification under ASC 815, therefore, the rights are classified as equity; see Note 7 for detail description.

~~Simultaneously with the closing of the IPO, the~~Net ~~Company’s~~Income Sponsor purchased an aggregate of 197,250 Private Units at a price of $10.00 per Private Unit for an aggregate purchase price of $1,972,500 in a private placement that will occur simultaneously with the closing of the IPO. Each Private Unit consists of one Class A ordinary share (~~“Private Share”~~Loss) ~~and~~per ~~one~~Ordinary right (“Private Right”). Each Private Right will receive one-sixth (1/6) of one Class A ordinary share upon the consummation of a Business Combination. The proceeds from the Private Units were added to the proceeds from the IPO which were deposited in the Trust Account. If the Company does not complete a Business Combination within the Completion Window, the proceeds from the sale of the Private Units will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law), and the Private Units and all underlying securities will expire worthless.Share

The Company ~~Private~~complies ~~Placement~~with ~~Units~~accounting and disclosure requirements of FASB ASC 260, ~~private~~Earnings ~~placement~~Per Share. The unaudited condensed consolidated statements of operations include a presentation of net income per redeemable share and net loss per non-redeemable share following the two-class method of net income (loss) per share. In order to determine the net income (loss) attributable to both the redeemable shares and non-redeemable shares, ~~private~~the ~~placement~~Company ~~rights~~first ~~and~~considered the ~~Class A~~undistributed ~~ordinary~~net income (loss) allocable to both the redeemable shares and ~~underlying~~non-redeemable ~~such~~shares ~~rights~~and ~~will~~the ~~not~~undistributed benet ~~transferable,~~income ~~assignable~~(loss) oris calculated using the total net income (loss) less any dividends ~~salable~~paid. byThe Company then allocated the ~~Sponsor~~undistributed ~~until~~net 30income ~~days~~(loss) ~~after~~ratably based on the ~~completion~~weighted average number of shares outstanding between the ~~Company’s~~redeemable ~~initial~~and ~~Business~~non-redeemable ~~Combination,~~shares. ~~except~~Any remeasurement of the accretion to ~~permitted~~redemption ~~transferees~~value of the common shares subject to possible redemption was considered to be dividends paid to the public shareholders.

~~Note~~The calculation 5of —net ~~Related~~diluted ~~Party~~income ~~Transactions~~(loss) per ordinary share does not consider the effect of the rights issued in connection with the IPO and the Private Placement Units since the exercise of the units is contingent upon the occurrence of future events. As of March 31, 2026, 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 net income (loss) per share is the same as basic earnings per share for the period presented.

~~Founder Shares~~10

OnTable ~~February 28, 2025, the Company issued to the Sponsor 1,983,750 class B ordinary shares (the “Founder Shares”) for an aggregated consideration~~ of ~~$25,000, or approximately $0.0126 per ordinary share.~~Contents

~~In August 2025, the Sponsor forfeited, for no~~The ~~consideration,~~net ~~546,250~~income ~~shares~~(loss) inper a share ~~recapitalization,~~presented ~~resulting~~ in the ~~Sponsor~~unaudited ~~holding~~condensed anconsolidated ~~aggregate~~statements of ~~1,437,500~~income ~~founder~~is ~~shares (up~~based ~~to 187,500 of which are subject to forfeiture depending~~ on the ~~extent to which the underwriters’ over-allotment option is not exercised in full or in part by the underwriters).~~following:

As of September 30, 2025, there were 1,437,500 Founder Shares issued and outstanding, among which, up to 187,500 shares subject to forfeiture to the extent that the underwriter’s over-allotment is not exercised in full. As a result of the underwriter’s full exercise of its over-allotment option on November 13, 2025., no shares are subject to forfeiture.

	For the three months ended March 31,			For the Period from January 13, 2025 (inception) to March 31,
	2026			2025
Net income (loss)	$	150,174		$	(9,052	)
Subsequent measurement of ordinary shares subject to redemption (interest earned in Trust Account)		(509,125	)		—
Accretion of carrying value of ordinary shares subject to possible redemption to redemption value		(922,419	)		—
Net loss including accretion of ordinary shares to redemption value	$	(1,281,370	)	$	(9,052	)

The Founder Shares are identical to the Class A ordinary shares included in the Units being sold in the IPO, and holders of Founder Shares have the same shareholder rights as public shareholders, except that (i) the Founder Shares are subject to certain transfer restrictions, as described in more detail below, and (ii) the Sponsor, officers and directors of the Company will enter into a letter agreement with the Company, pursuant to which they will agree (A) to waive their redemption rights with respect to the Founder Shares, private placement shares and public shares in connection with the completion of its initial Business Combination and (B) to waive their rights to liquidating distributions from the Trust Account with respect to the Founder Shares and private placement shares if the Company fails to complete its initial Business Combination within 15 months from the closing of the IPO (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to the amended and restated memorandum and articles of association), although they will be entitled to liquidating distributions from the Trust Account with respect to any public shares they hold if the Company fails to complete its initial Business Combination within such time period and (iii) the Founder Shares and private placement shares are subject to registration rights. If the Company submits its initial Business Combination to its public shareholders for a vote, the Sponsor, officers and directors have agreed (and their permitted transferees will agree), pursuant to the terms of a letter agreement to be entered into with the Company, to vote any Founder Shares and private placement shares held by them and any public shares purchased during or after the IPO in favor of the Company’s initial Business Combination.

	For the three months ended March 31, 2026						For the Period from January 13, 2025 (inception) to March 31, 2025
	Redeemable Class A Ordinary Shares			Non-redeemable Class A and Class B Ordinary Shares			Redeemable Class A Ordinary Shares		Non-redeemable Class A and Class B Ordinary Shares
Basic and diluted net income (loss) per ordinary share
Numerator:
Allocation of net loss	$	(604,986	)	$	(283,654	)	$	—	$	(9,052	)
Subsequent measurement of ordinary shares subject to redemption (interest earned in Trust Account)		509,125			—			—		—
Accretion of carrying value of ordinary shares subject to possible redemption to redemption value		922,419			—			—		—
Allocation of net income (loss)		433,828			(283,654	)		—		(9,052	)

Denominator:
Basic and diluted weighted average shares outstanding		5,750,000			1,634,750			—		1,437,500
Basic and diluted net income (loss) per ordinary share	$	0.08		$	(0.17	)	$	—	$	(0.01	)

~~With certain limited exceptions, the Founder~~Recent ~~Shares~~Accounting are not transferable, assignable or salable (except to certain permitted transferees)) until the earlier of 180 days after the date of the consummation of the Company’s initial Business Combination or the date on which the closing price of the Company’s ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 90 days after the Company’s initial Business Combination.Standards

10In December 2023, the FASB issued ASU 2023-09, Income taxes (Topic 740): Improvements to Income Tax Disclosure (“ASU 2023-09”), which enhances the transparency and usefulness of income tax disclosures. ASU 2023-09 became effective for fiscal years beginning after December 15, 2024. The Company adopted this guidance on January 1, 2026 and the adoption has no material impact on its financial statements.

~~Table of Contents~~11

~~Due~~Table Toof ~~Related Party~~Contents

~~Prior to the closing of the IPO, the Sponsor~~Management ~~funded~~does ~~the~~not ~~Company’s~~believe ~~cash~~that ~~deposit~~any inother ~~the~~recently ~~bank.~~issued, Asbut ofnot ~~September~~yet 30effective, ~~2025,~~accounting $5pronouncements,~~000~~ ~~was~~if ~~outstanding;~~currently ~~the~~adopted, ~~amounts~~would ~~are~~have ~~unsecured, interest-free~~a ~~and~~material ~~due~~effect on ~~demand~~the Company’s financial statements.

~~Promissory~~ Note 3 — ~~Related~~Initial ~~Party~~ Public Offering

On ~~February~~November 2813, 2025, the Company ~~Sponsor~~sold ~~agreed~~5,750,000 toUnits ~~loan the~~(including ~~Company~~full upallotment toof an750,000 ~~aggregate~~units), ~~amount~~at a price of $~~300,000~~10.00 toper beUnit. ~~used,~~Each inUnit ~~part,~~consists ~~for~~of ~~transaction~~one ~~costs~~Class A ~~incurred~~ordinary inshare ~~connection~~and ~~with~~one ~~the~~right ~~IPO~~ (the “~~Promissory~~Public ~~Note~~Right”). ~~The~~Each ~~Promissory~~Public ~~Note~~Right isentitles ~~unsecured, interest-free;~~ the ~~principal~~holder ~~may~~to bereceive ~~drawn~~one-sixth ~~down~~(1/6) ~~from~~of ~~time~~one Class toA ~~time~~ordinary share upon a ~~written~~the ~~request~~consummation ~~from~~of ~~the~~an ~~Company~~initial tobusiness ~~the Sponsor~~combination. The ~~Promissory~~Company ~~Note~~will isnot ~~due~~issue onfractional ~~the~~shares ~~earlier~~upon ~~of: (i)~~ the ~~date on which the Company consummates~~ anconversion ~~initial public offering~~ of ~~its securities, or (ii)~~ the ~~date on which the Company determines to not proceed with such initial public offering~~rights. As ofa ~~September 30~~result, ~~2025,~~ the ~~Company~~holder ~~had~~must ~~$206,823~~hold ~~borrowings~~rights ~~under~~in ~~the~~multiples ~~Promissory~~of ~~Note.~~six ~~The~~in ~~loans~~order ~~were~~to ~~fully~~receive ~~repaid~~shares ~~upon~~for ~~the closing~~all of ~~the~~their ~~IPO~~rights upon ~~out~~closing of ~~the~~a ~~offering~~Business ~~proceeds not held in the Trust Account~~Combination.

~~Working~~Note ~~Capital~~4 ~~Loans~~— Private Placement

InSimultaneously ~~addition, in order to finance transaction costs in connection~~ with ~~an intended Business Combination,~~ the ~~Sponsor or an affiliate~~ closing of the ~~Sponsor~~IPO, ~~or certain of~~ the Company’s ~~officers~~ ~~and~~Sponsor ~~directors~~purchased ~~may,~~an ~~but~~aggregate ~~are~~of ~~not obligated to~~197,250 ~~loan~~Private ~~the~~Placement ~~Company~~Units ~~funds~~at asa ~~may~~price beof ~~required~~$10.00 ~~(“Working~~per ~~Capital~~Private ~~Loans”).~~Placement IfUnit ~~the~~for ~~Company~~an ~~completes~~aggregate ~~the~~purchase ~~initial~~price ~~Business~~of ~~Combination~~$1,972,500 ~~the~~in ~~Company~~a ~~may~~private ~~repay~~placement ~~the~~that ~~Working~~will ~~Capital~~occur ~~Loans.~~simultaneously Inwith the ~~event~~closing ~~that~~of the ~~initial~~IPO. ~~Business~~Each ~~Combination~~Private ~~does~~Placement ~~not~~Unit ~~close,~~consists ~~the~~of ~~Company~~one ~~may~~Class ~~use~~A aordinary ~~portion~~share ofand ~~the~~one ~~working~~right ~~capital~~to ~~held~~receive ~~outside~~one-sixth ~~the~~(1/6) ~~Trust~~of ~~Account~~one toClass ~~repay~~A ~~the~~ordinary share ~~Working~~upon ~~Capital~~the ~~Loans~~consummation ~~but~~of noa Business Combination. The proceeds from the ~~Trust~~Private ~~Account~~Placement ~~would~~Units bewere ~~used~~added to ~~repay~~ the ~~Working~~proceeds ~~Capital~~from ~~Loans.~~the UpIPO which towere ~~$1,500,000~~deposited ofin ~~such Working~~the ~~Capital~~Trust ~~Loans~~Account. ~~may~~If bethe ~~convertible~~Company ~~into~~does ~~units~~not atcomplete a ~~price~~Business ofCombination ~~$10.00~~within ~~per~~the ~~unit~~Completion atWindow, the ~~option~~proceeds from of the ~~lender.~~sale ~~Such~~of ~~units would be identical to~~ the Private Placement Units ~~issued~~will tobe ~~the~~used ~~Sponsor.~~to ~~The~~fund ~~terms~~the redemption of ~~Working Capital Loans by~~ the ~~Company’s~~Public ~~officers~~Shares ~~and~~(subject ~~directors, if any, have not been determined and no written agreements exist with respect~~ to ~~such~~the ~~loans.~~requirements As of applicable ~~September 30~~law), ~~2025,~~and the ~~Company~~Private ~~had no~~Placement ~~borrowings~~Units ~~under~~and ~~the~~all ~~Working~~underlying ~~Capital~~securities ~~Loans~~will expire worthless.

~~Administrative~~The Private ~~Services~~Placement ~~Agreement~~Units, private placement shares, private placement rights and the Class A ordinary shares underlying such rights will not be transferable, assignable or salable by the Sponsor until 30 days after the completion of the Company’s initial Business Combination, except to permitted transferees.

~~The Company entered into an Administrative Services~~Note ~~Agreement~~5 ~~with~~— ~~the~~Related ~~Sponsor~~Party on the effective date of the registration statement of the IPO through the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation, to pay the Sponsor a total of $10,000 per month for office space and administrative and support services.Transactions

~~Note 6 — Commitments and Contingencies~~Founder Shares

~~Registration~~On February ~~Rights~~28, 2025, the Company issued to the Sponsor 1,983,750 class B ordinary shares (the “Founder Shares”) for an aggregated consideration of $25,000, or approximately $0.0126 per ordinary share.

~~The~~In ~~holders~~August of2025, the ~~Founder Shares issued and~~Sponsor ~~outstanding~~forfeited, asfor ofno ~~November 13~~consideration, ~~2025~~546,250 ~~as well as the holders of the Private Units and any~~ shares ofin ~~the~~a ~~Company’s~~share ~~insiders~~recapitalization, ~~officers, directors~~resulting ~~or their affiliates may be issued~~ in ~~payment of working capital loans and extension loans made to~~ the ~~Company~~Sponsor ~~(and~~holding ~~any~~an ~~ordinary shares~~aggregate ~~issuable upon conversion~~ of ~~the underlying the private rights)~~1, ~~will be entitled to registration rights pursuant to an agreement~~437,500 tofounder beshares ~~signed prior to or on the effective date of the registration statement. The holders of a majority of these securities are entitled to make~~ (up to ~~two~~187,500 ~~demands that the Company register such securities. The holders~~ of ~~the~~which ~~majority~~were ofsubject ~~the Founder Shares can elect~~ to ~~exercise these~~forfeiture ~~registration~~depending ~~rights at any time commencing three months prior to the date~~ on ~~which these ordinary shares are to be released from trust. The holders of a majority of~~ the ~~private~~extent ~~units and units issued in payment of working capital loans made~~ to uswhich ~~can elect to exercise these registration rights at any time commencing on~~ the ~~date~~underwriters’ ~~that the Company consummate an initial business combination. In addition, the holders have certain “piggy~~over-~~back” registration rights with respect to registration statements filed subsequent to the~~allotment ~~consummation~~option ofis annot ~~initial~~exercised ~~business~~in ~~combination.~~full ~~The~~or ~~Company will bear the expenses incurred~~ in ~~connection~~part ~~with~~by the ~~filing of any such registration statements~~underwriters).

~~Underwriting~~As of ~~Agreement~~March 31, 2026, there were 1,437,500 Founder Shares issued and outstanding; no shares are subject to forfeiture as a result of the underwriter’s full exercise of its over-allotment option on November 13, 2025.

The ~~Company~~Founder ~~has~~Shares ~~granted~~are identical to the ~~underwriters~~Class aA ~~45-day~~ordinary shares included in the Units being sold in the IPO, and holders of Founder Shares have the same shareholder ~~option~~rights ~~from~~as public shareholders, except that (i) the ~~date~~Founder Shares are subject to certain transfer restrictions, as described in more detail below, and (ii) the Sponsor, officers and directors of the ~~IPO~~Company entered into a letter agreement with the Company, pursuant to ~~purchase~~which upthey have agreed (A) to ~~750,000~~waive ~~additional~~their ~~Units~~redemption rights with respect to ~~cover~~the ~~over-allotments~~Founder Shares, private placement shares and public shares in connection with the completion of its initial Business Combination and (B) to waive their rights to liquidating distributions from the Trust Account with respect to the Founder Shares and private placement shares if ~~any,~~the atCompany fails to complete its initial Business Combination within 15 months from the closing of the IPO, ~~price~~although ~~less~~they will be entitled to liquidating distributions from the Trust ~~underwriting~~Account ~~discounts~~with respect to any public shares they hold if the Company fails to complete its initial Business Combination within such time period and ~~commissions.~~(iii) ~~The~~the ~~underwriter~~Founder ~~fully~~Shares ~~excised~~and private placement shares are subject to registration rights. If the Company submits its ~~over-allotment~~initial Business ~~option~~Combination onto ~~November~~its 13public shareholders for a vote, ~~2025~~the Sponsor, officers and directors have agreed (and their permitted transferees will agree), pursuant to the terms of a letter agreement, to vote any Founder Shares and private placement shares held by them and any public shares purchased during or after the IPO in favor of the Company’s initial Business Combination.

~~The~~With certain ~~underwriters~~limited ~~were~~exceptions, ~~paid~~the aFounder ~~cash~~Shares ~~underwriting discount~~are ofnot ~~1.50%~~transferable, ofassignable ~~the~~or ~~gross~~salable ~~proceeds~~(except ofto certain permitted transferees)) until the ~~IPO,~~earlier orof ~~$862,500.~~180 days ~~Additionally,~~after the ~~underwriters~~date ~~will~~of bethe ~~entitled~~consummation toof athe ~~deferred~~Company’s ~~underwriting discount~~initial ofBusiness 2%Combination or ofthe date on which the ~~gross~~closing ~~proceeds~~price of the ~~IPO~~Company’s ordinary shares equals or exceeds $112.00 per share (as adjusted for share subdivisions,~~150~~ share capitalizations,~~000~~ reorganizations, ~~upon~~recapitalizations and the ~~completion~~like) offor ~~the~~any ~~Company’s~~20 trading ~~initial~~days ~~Business~~within ~~Combination~~any 30-trading day period ~~subject~~commencing toat ~~the~~least ~~terms~~90 days ofafter the ~~underwriting~~Company’s ~~agreement~~initial Business Combination.

The underwriters have agreed (i) to waive their redemption rights with respect to such shares in connection with the completion of its initial 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 its initial Business Combination within 15 months from the closing of the IPO (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to our amended and restated memorandum and articles of association).12

11Table of Contents

~~Table~~Promissory Note of— ~~Contents~~Related Party

On February 28, 2025, the Sponsor agreed to loan the Company up to an aggregate amount of $300,000 to be used, in part, for transaction costs incurred in connection with the IPO (the “Promissory Note”). 7The —Promissory ~~Shareholder’s~~Note ~~Deficit~~was unsecured, interest-free; the principal may be drawn down from time to time upon a written request from the Company to the Sponsor. The Promissory Note was due on the earlier of: (i) the date on which the Company consummates an initial public offering of its securities, or (ii) the date on which the Company determines to not proceed with such initial public offering. Upon the closing of the IPO on November 13, 2025, the Company fully repaid the outstanding amount of approximately $206,823 under the Promissory Note. As of March 31, 2026, the Company had no borrowings under the Promissory Note.

~~Class A Ordinary shares — The~~Working ~~Company~~Capital ~~is authorized to issue up to 450,000,000 shares of Class A ordinary shares with $0.0001 par value. As of September 30, 2025, there were no shares of Class A ordinary shares issued or outstanding.~~ Loans

~~Class~~In addition, Bin ~~Ordinary~~order ~~shares~~to ~~— The~~finance ~~Company~~transaction iscosts ~~authorized~~in toconnection ~~issue~~with upan tointended 50Business Combination,~~000~~ the Sponsor or an affiliate of the Sponsor,~~000~~ ~~shares~~or certain of ~~Class~~the BCompany’s ~~ordinary~~officers ~~shares~~and ~~with~~directors ~~$0.0001~~may, ~~par~~but ~~value.~~are Innot ~~August~~obligated ~~2025~~to, loan the ~~Sponsor~~Company funds as may be required ~~forfeited,~~(“Working ~~for~~Capital noLoans”). ~~consideration,~~If ~~546,250~~the ~~shares~~Company incompletes athe ~~share~~initial ~~recapitalization~~Business Combination, ~~resulting~~the inCompany may repay the ~~Sponsor~~Working ~~holding~~Capital Loans. anIn ~~aggregate~~the ofevent 1that the initial Business Combination does not close,~~437,500~~ the Company may use a portion of the working capital held outside ~~founder~~the ~~shares~~Trust ~~(up~~Account to ~~187~~repay the Working Capital Loans but no proceeds from the Trust Account would be used to repay the Working Capital Loans. Up to $1,500,000 of ~~which~~such ~~are~~Working ~~subject~~Capital toLoans ~~forfeiture~~may ~~depending~~be onconvertible into units at a price of $10.00 per unit at the ~~extent~~option of the lender. Such units would be identical to ~~which~~the Private Placement Units issued to the ~~underwriters’~~Sponsor. ~~over-allotment~~The terms of Working Capital Loans by the ~~option~~Company’s isofficers and directors, if any, have not ~~exercised~~been indetermined ~~full~~and orno inwritten ~~part~~agreements byexist with respect to such loans. As of March 31, 2026, the ~~underwriters)~~Company had no borrowings under the Working Capital Loans.

~~As of September 30, 2025, there were 1,437,500~~Administrative ~~Class~~Services B ordinary shares issued and outstanding which were retroactively restated to reflect the forfeiture of 546,250 shares by the Sponsor, among which, up to 187,500 shares subject to forfeiture to the extent that the underwriters’ over-allotment is not exercised in full. As a result of the underwriter’s full excise of its over-allotment option on November 13, 2025, no shares are subject to forfeiture.Agreement

The ~~Class B~~Company ~~ordinary~~entered ~~shares~~into ~~will automatically~~an ~~convert~~Administrative ~~into~~Services ~~Class~~Agreement ~~A ordinary shares concurrently~~ with ~~or immediately following~~ the ~~consummation~~Sponsor ofon the ~~initial~~effective ~~Business~~date ~~Combination or~~of ~~earlier at~~ the ~~option~~registration statement of the ~~holder~~initial onpublic ~~a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations,~~offering ~~reorganizations,~~through ~~recapitalizations and~~ the ~~like,~~earlier ~~and subject to further adjustment as provided herein. In the case that additional Class A ordinary shares or equity-linked securities, are issued or deemed issued in excess~~ of the ~~amounts~~consummation ~~sold~~by ~~in this offering and related to or in connection with~~ the ~~closing~~Company of ~~the~~an initial business combination, or the ~~ratio~~Company’s atliquidation, ~~which Class B ordinary shares convert into Class~~pursuant Ato ~~ordinary~~which ~~shares~~the ~~will~~Company beagreed ~~adjusted~~to ~~(unless~~pay the ~~holders~~Sponsor of a ~~majority~~total of ~~the~~$10,000 ~~outstanding~~per ~~Class~~month Bfor ~~ordinary~~office ~~shares~~space ~~agree~~and toadministrative ~~waive~~and ~~such~~support ~~adjustment~~services. ~~with~~For ~~respect to any such issuance or deemed issuance) so that~~ the ~~number~~three ofmonths ~~Class~~ended AMarch ~~ordinary shares issuable upon conversion of all Class B ordinary shares will equal~~31, ~~in the aggregate~~2026, ~~25% of~~ the ~~sum~~Company ofincurred ~~(i)~~administrative ~~the~~service ~~total~~fees ~~number~~totaling of$30,000. ~~all~~Additionally, ~~Class~~amounts ~~A ordinary shares outstanding upon the completion~~ of ~~this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over-allotment option~~ $46,667 and ~~excluding the Class A ordinary shares underlying the private units issued to the sponsor)~~$16,667 ~~plus~~were ~~(ii)~~accrued ~~all Class A ordinary shares~~ and ~~equity-linked~~included ~~securities issued or deemed issued,~~ in ~~connection~~accrued ~~with~~expenses ~~the~~on ~~closing of~~ the ~~initial~~accompanying ~~business~~balance ~~combination~~sheets ~~(excluding~~as ~~any shares~~of orMarch ~~equity-linked securities issued~~31, or2026 ~~to be issued, to any seller in the initial business combination~~ and ~~any private placement-equivalent~~December ~~units~~31, ~~issued~~2025, to our sponsor or any of its affiliates or to our officers or directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination; provided that such conversion of initial shares will never occur on a less than one-for-one basisrespectively.

~~Shareholders~~Note of6 ~~record~~— ~~are~~Commitments ~~entitled to one vote for each share held on all matters to be voted on by shareholders. Unless specified in the Company’s amended~~ and restated memorandum and articles of association or as required by the Companies Act or stock exchange rules, 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 is generally required to approve any matter voted on by the shareholders. Approval of certain actions require a special resolution under Cayman Islands law, which requires the affirmative vote of the holders of at least two-thirds of the ordinary shares who attend and vote at a general meeting of the Company, and pursuant to the Company’s amended and restated memorandum and articles of association, such actions include amending the Company’s amended and restated memorandum and articles of association and approving a statutory merger or consolidation with another company. Contingencies

~~Rights~~Registration — Each holder of a right will receive one-sixth (1/6) of one ordinary share upon consummation of a Business Combination, even if the holder of such right redeemed all shares held by it in connection with a Business Combination. No fractional shares will be issued upon conversion of the rights. No additional consideration will be required to be paid by a holder of rights in order to receive its additional shares upon consummation of a Business Combination, as the consideration related thereto has been included in the Unit purchase price paid for by investors in the IPO. If the Company enters into a definitive agreement for a Business Combination in which the Company will not be the surviving entity, the definitive agreement will provide for the holders of rights to receive the same per ordinary share consideration the holders of the ordinary shares will receive in the transaction on an as-converted into ordinary shares basis and each holder of a right will be required to affirmatively convert its rights in order to receive one share underlying each right (without paying additional consideration). The shares issuable upon conversion of the rights will be freely tradable (except to the extent held by affiliates of the Company).Rights

IfThe ~~the~~holders ~~Company~~of isthe ~~unable~~Founder Shares, toas ~~complete~~well aas ~~Business Combination~~the ~~within~~holders of the ~~Completion~~Private ~~Window~~Placement Units and any shares of the Company’s ~~liquidates~~insiders, ~~the~~officers, ~~funds~~directors ~~held~~or intheir affiliates ~~the~~may ~~Trust~~be ~~Account,~~issued ~~holders~~in payment of ~~rights~~working ~~will~~capital ~~not~~loans ~~receive~~ and extension loans made to the Company (and any ordinary shares issuable upon conversion of ~~such~~the ~~funds~~underlying ~~with~~the ~~respect~~private placement rights), are entitled to ~~their~~registration rights, ~~nor~~pursuant ~~will~~to ~~they~~an ~~receive~~agreement ~~any~~signed ~~distribution~~on the ~~from~~effective date of the ~~Company’s~~registration ~~assets~~statement ~~held~~for ~~outside~~the IPO. The holders of ~~the~~ ~~Trust~~a ~~Account~~majority ~~with~~of ~~respect~~these securities are entitled to ~~such~~make ~~rights,~~up ~~and~~to two demands that the ~~rights~~Company ~~will~~register ~~expire~~such ~~worthless~~securities. ~~Further,~~The ~~there~~holders ~~are~~of nothe ~~contractual~~majority ~~penalties~~of ~~for failure~~the Founder Shares can elect to ~~deliver~~exercise ~~securities~~these registration rights at any time commencing three months prior to the ~~holders~~date ofon ~~the~~which ~~rights~~these ~~upon~~ordinary ~~consummation~~shares are to be released from lock-up. The holders of a ~~Business~~majority ~~Combination.~~of ~~Additionally,~~the Private Placement Units and units issued in nopayment ~~event~~of ~~will~~ working capital loans made to the Company becan ~~required~~elect to ~~net~~exercise these ~~cash~~registration ~~settle~~rights at any time commencing on the ~~rights~~date that the Company consummate an initial business combination. ~~Accordingly~~In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an initial business combination. The Company will bear the ~~rights~~expenses ~~might~~incurred ~~not~~in ~~receive~~connection with the ~~ordinary~~filing ~~shares~~of ~~underlying~~any such ~~the~~registration ~~rights~~statements.

12Consulting Services Agreement

~~Table~~On November 11, 2025, the Company entered into an agreement with Hurricane Corporate Services Ltd., a consulting firm controlled by Kulwant Sandher, the Company’s Chief Financial Officer (“CFO”). The agreement is for a term of ~~Contents~~three months commencing on the execution date and will automatically renew for an additional three-month period. The Company agreed to pay Mr. Sandher a monthly fee of $3,000. As of March 31, 2026, the Company had incurred and paid $7,999 in CFO service fees.

~~Note 8 — Segment Information~~Director Compensation

~~ASC Topic 280, “Segment Reporting,”~~The ~~establishes~~Company ~~standards~~pays ~~for~~a ~~companies~~quarterly tofee ~~report~~of ~~in their financial statement information about operating segments~~$7,500 ~~products,~~to ~~services, geographic~~its ~~areas, and major customers~~directors. ~~Operating~~ ~~segments~~During ~~are~~the ~~defined~~three asmonths ~~components~~ended ofMarch an31, ~~enterprise~~2026, ~~for which separate financial information is available that is regularly evaluated by~~ the Company’s ~~chief~~incurred ~~operating~~and ~~decision maker, or group, in deciding how~~paid todirector ~~allocate~~fees ~~resources~~totaling ~~and assess performance~~$22,500.

~~The Company’s chief operating decision~~Underwriting maker (“CODM”) has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating and reportable segment. The Company’s CODM does not review assets by segment in his evaluation and therefore assets by segment are not disclosed below.Agreement

~~When~~The ~~evaluating~~Company granted the ~~Company’s performance~~underwriters ~~and~~a ~~making~~45-day ~~key~~option ~~decisions~~from ~~regarding~~the ~~resource~~date ~~allocation~~of the ~~CODM~~IPO ~~reviews~~to ~~key~~purchase ~~metrics~~up to 750,000 ~~which~~additional ~~include~~Units to cover over-allotments, if any, at the ~~following:~~IPO price less the underwriting discounts and commissions. The underwriter fully excised its over-allotment option on November 13, 2025.

		For the Period From January 13, 2025 (Inception) Through September 30, 2025
Formation and operating costs		$	79,122

~~Formation~~Table and operational costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete the IPO and eventually a Business Combination within the business combination period. The CODM also reviews formation and operational costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Formation and operational costs, as reported on the statement of ~~operations,~~ ~~are the significant segment expenses provided to the CODM on a regular basis.~~Contents

~~All~~The underwriters ~~other~~were ~~segment~~paid ~~items~~a ~~included~~cash inunderwriting ~~net~~discount ~~income~~ of 1.50% of the gross proceeds of the IPO, or ~~loss~~$862,500. ~~are~~Additionally, ~~reported~~the onunderwriters will be entitled to a deferred underwriting discount of 2% of the ~~statement~~gross proceeds of ~~operations~~the ~~and~~IPO ~~described~~or ~~within~~$1,150,000, ~~their~~upon ~~respective~~the ~~disclosures~~completion of the Company’s initial Business Combination subject to the terms of the underwriting agreement.

~~Note~~The 9underwriters —have ~~Subsequent~~agreed to ~~Events~~waive their rights to the deferred underwriting discounts held in the trust account in the event the Company does not consummate a business combination within 15 months from the closing of the IPO (as may be extended pursuant to the Company’s charter documents (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to the Company’s amended and restated memorandum and articles of association)), 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 the public shares.

InNote ~~accordance~~7 ~~with~~— ~~ASC~~Shareholders’ 855, “Subsequent Events”, the Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed financial statements were issued. Based on the review, the Company identified the following subsequent event that would have required adjustment or disclosure in the unaudited condensed financial statements.Equity

OnClass A ~~November~~Ordinary shares — The ~~13, 2025, the~~ Company ~~consummated the~~is ~~IPO,~~authorized ~~which~~to ~~consisted~~issue ofup 5to 450,~~750,~~000 ~~units (the “Units”)~~, ~~including 750,~~000 shares ~~Units issued pursuant to the full exercise by the underwriters~~ of ~~their over-allotment option. Each Unit consists of one~~ Class A ordinary ~~share,~~shares ~~par value~~ with $0.0001 ~~per~~par ~~share~~value. ~~(the~~As ~~“Class A~~of ~~Ordinary~~March ~~Share”)~~31, ~~and~~2026, ~~one~~there ~~right~~were to197,250 ~~receive one-sixth (1/6th) of one~~ Class A ~~Ordinary~~ordinary ~~Share~~shares ~~(the~~issued ~~“Right”)~~or ofoutstanding, ~~the~~excluding ~~Company. The Units were sold at a price of $10.00 per Unit~~5,750,000 ~~generating~~Class ~~gross~~A ordinary ~~proceeds~~shares subject to ~~the~~possible ~~Company of $57,500,000~~redemption.

~~Simultaneously~~Class ~~with~~B ~~the~~Ordinary ~~closing~~shares — ofThe ~~the~~Company ~~IPO~~is ~~and the~~authorized ~~sale~~to ofissue ~~the~~up ~~Units~~to 50,000,000 ~~the~~shares ~~Company~~of ~~consummated~~Class ~~the~~B ~~private~~ordinary ~~placement~~shares ~~(“Private~~with ~~Placement”)~~$0.0001 ofpar ~~197,250~~value. ~~units~~On ~~(the~~February ~~“Private~~28, ~~Placement~~2025, ~~Units”)~~the Company issued to the Sponsor at1,983,750 aclass ~~price~~B ordinary shares for an aggregated consideration of $1025,000, or approximately $0.000126 per ~~Private~~ordinary ~~Placement~~share. ~~Unit~~In August 2025, ~~generating~~the ~~total~~Sponsor ~~proceeds~~forfeited, for no consideration, 546,250 shares in a share recapitalization, resulting in the Sponsor holding an aggregate of $1,~~972~~437,500 founder shares (up to 187,500 of which were subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is ~~described~~not exercised in ~~Note~~full 4or in part by the underwriters).

~~Transaction~~As ~~costs~~of ~~amounted~~March ~~to $2~~31,~~435,201~~ ~~consisting of $862~~2026,~~500~~ ~~underwriting commissions which~~ there were ~~paid in cash at the closing date of the IPO, $~~1,~~150~~437,~~000~~500 ~~deferred~~Class ~~underwriting~~B ~~fee,~~ordinary ~~and $422,701~~shares ~~other~~issued ~~offering~~and ~~costs.~~outstanding; Onno ~~the~~shares ~~IPO~~are ~~date,~~subject ~~$658,177~~to ~~(including~~forfeiture ~~$653,177~~as ~~funded~~a byresult ~~the Sponsor on November 14, 2023) was held outside~~ of the ~~Trust~~underwriter’s full ~~Account~~excise ~~and~~of isits ~~available~~over-allotment ~~for~~option ~~the~~on ~~payment~~November ~~of the promissory note~~13, ~~payment of accrued expenses and for working capital purposes~~2025.

OnThe ~~November~~Class B 14ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the initial Business Combination or earlier at the option of the holder on a one-for-one basis, ~~2025~~subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the ~~Sponsor~~like, ~~deposited~~and ~~$653~~subject to further adjustment as provided herein. In the case that additional Class A ordinary shares or equity-linked securities,~~177~~ are issued or deemed issued in excess of the amounts sold in the IPO and related to or in connection with the closing of the initial business combination, the ratio at which Class B ordinary shares convert into Class A ordinary shares will be adjusted (unless the ~~Company~~holders of a majority of the outstanding Class B ordinary shares agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, 25% of the sum of (i) the total number of all Class A ordinary shares outstanding upon the completion of the IPO (including any Class A ordinary shares issued pursuant to the underwriters’s ~~operating~~over-allotment ~~account~~option and excluding the Class A ordinary shares underlying the Private Placement Units issued to the Sponsor), ~~thereby~~plus ~~eliminating~~(ii) all Class A ordinary shares and equity-linked securities issued or deemed issued, in connection with the ~~amount~~closing ~~due~~of ~~from~~the initial business combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the ~~related~~initial ~~party~~business combination and any private placement-equivalent units issued to the Company’s Sponsor or any of its affiliates or to the Company’s officers or directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination; provided that such conversion of initial shares will never occur on a less than one-for-one basis.

13Shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders. Unless specified in the Company’s amended and restated memorandum and articles of association or as required by Cayman Islands law or stock exchange rules, 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 is generally required to approve any matter voted on by the shareholders. Approval of certain actions require a special resolution under Cayman Islands law, which requires the affirmative vote of the holders of at least two-thirds of the ordinary shares who attend and vote at a general meeting of the Company, and pursuant to the Company’s amended and restated memorandum and articles of association, such actions include amending the Company’s amended and restated memorandum and articles of association and approving a statutory merger or consolidation with another company.

~~Table~~Rights — Each holder of ~~Contents~~a right will receive one-sixth (1/6) of one Class A ordinary share upon consummation of a Business Combination, even if the holder of such right redeemed all shares held by it in connection with a Business Combination. No fractional shares will be issued upon conversion of the rights. No additional consideration will be required to be paid by a holder of rights in order to receive its additional shares upon consummation of a Business Combination, as the consideration related thereto has been included in the Unit purchase price paid for by investors in the IPO. If the Company enters into a definitive agreement for a Business Combination in which the Company will not be the surviving entity, the definitive agreement will provide for the holders of rights to receive the same per ordinary share consideration the holders of the ordinary shares will receive in the transaction on an as-converted into ordinary shares basis and each holder of a right will be required to affirmatively convert its rights in order to receive one share underlying each right (without paying additional consideration). The shares issuable upon conversion of the rights will be freely tradable (except to the extent held by affiliates of the Company).

~~Item~~If 2.the ~~Management~~Company is unable to complete a Business Combination within the Completion Window and the Company liquidates the funds held in the Trust Account, holders of rights will not receive any of such funds with respect to their rights, nor will they receive any distribution from the Company’s ~~Discussion~~assets ~~and~~held ~~Analysis~~outside of ~~Financial~~the ~~Condition~~Trust Account with respect to such rights, and ~~Results~~the rights will expire worthless. Further, there are no contractual penalties for failure to deliver securities to the holders of ~~Operations~~the rights upon consummation of a Business Combination. Additionally, in no event will the Company be required to net cash settle the rights. Accordingly, holders of the rights might not receive the ordinary shares underlying the rights.

References in this report (the “Quarterly Report”) to “BPAC”, “our”, “we,” “us” or the “Company” refer to Blueport Acquisition Ltd . References to our “management” or our “management team” refer to our officers and directors, and references to the “Sponsor” refer to Blueport Acquisition Corporation The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the interim unaudited condensed financial statements and the notes thereto contained elsewhere in this Quarterly Report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.14

~~Special Note~~Table ~~Regarding~~of ~~Forward-Looking Statements~~Contents

~~This Quarterly~~Note ~~Report~~8 ~~includes~~— ~~“forward-looking~~Fair ~~statements”~~Value within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of historical fact included in this Form 10-Q including, without limitation, statements in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the completion of the Proposed Business Combination (as defined below), the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek,” “should,” “could,” “would,” “plan,” “continue,” and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs, based on information currently available and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this Form 10-Q. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, including that the conditions of the Proposed Business Combination are not satisfied. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Company’s final prospectus for its Initial Public Offering and in our other filings filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.Measurements

~~Risks~~The following tables present information about the Company’s assets that are measured at fair value as of March 31, 2026 and ~~Uncertainties~~December 31, 2025 and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

Results of operations and the Company’s ability to complete an initial business combination may be adversely affected by various factors that could cause economic uncertainty and volatility in the financial markets, many of which are beyond its control. The business could be impacted by various social and political circumstances in the U.S. and around the world (including wars and other forms of conflict, including rising trade tensions between the United States and China, and other uncertainties regarding actual and potential shifts in the U.S. and foreign, trade, economic and other policies with other countries, terrorist acts, security operations and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics), may also contribute to increased market volatility and economic uncertainties or deterioration in the U.S. and worldwide. Specifically, the conflict between Russia and Ukraine and the Israel-Hamas war and resulting market volatility could adversely affect the Company’s ability to complete a business combination. In response to the conflict between Russia and Ukraine and Israel and Hamas, the U.S. and other countries have imposed sanctions or other restrictive actions which could have a material adverse effect on the Company’s ability to complete a business combination and the value of the Company’s securities. The Company cannot at this time fully predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact our business and our ability to complete an Initial business combination. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of these uncertainties.

	As of March 31,		Quoted prices in active markets		Significant other observable inputs		Significant other unobservable inputs
	2026		(Level 1)		(Level 2)		(Level 3)
Assets
Investments held in Trust Account	$	58,293,580	$	58,293,580		—		—

Overview

	As of December 31,		Quoted prices in active markets		Significant other observable inputs		Significant other unobservable inputs
	2025		(Level 1)		(Level 2)		(Level 3)
Assets
Investments held in Trust Account	$	57,784,454	$	57,784,454		—		—

We are a blank check company incorporated in Cayman Islands on January 13, 2025 as an exempted company with limited liability and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We intend to effectuate our initial business combination using cash from the proceeds of the initial public offering (the “IPO”) and the private placement of the private placement units, the proceeds of the sale of our securities in connection with our initial business combination (including pursuant to forward purchase agreements or backstop agreements we may enter into following the IPO or otherwise) shares issued to the owners of the target, debt issued to bank or other lenders or the owners of the target, other securities issuances, or a combination of the foregoing.Note ~~We are an emerging growth company and,~~9 — Segment ~~as such, are subject to all the risks associated with emerging growth companies.~~Information

WeASC ~~expect~~Topic 280, “Segment toReporting,” ~~continue~~establishes tostandards ~~incur~~for ~~significant~~companies ~~costs~~to report in ~~the~~their ~~pursuit~~financial ofstatement ~~our~~information about ~~initial~~operating ~~business~~segments, ~~combination~~products, services, geographic areas, and major customers. Operating Wesegments ~~cannot~~are ~~assure~~defined ~~you~~as components of an enterprise for which separate financial information is available that ~~our~~is ~~plans~~regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to ~~raise~~allocate ~~capital~~resources orand assess performance. The Company has adopted the guidance in ASU 2023-07, Segment Reporting (Topic 280): Improvements to ~~complete~~Reportable ~~our~~Segment ~~initial~~Disclosures, ~~business~~in ~~combination~~the ~~will~~accompanying befinancial ~~successful~~statements.

14The Company’s chief operating decision maker (“CODM”) has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating and reportable segment.

~~Table~~The CODM ofassesses ~~Contents~~performance for the single segment and decides how to allocate resources. When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

Recent Developments

	For the Three Months Ended March 31		For the Period From January 13, 2025 (Inception) Through March 31
	2026		2025
General and administrative expenses	$	358,951	$	9,052
Interest earned on investments held in Trust Account	$	509,125	$	—

OnThe ~~November~~key ~~13,~~measures ~~2025,~~of ~~the~~segment ~~Company~~profit ~~consummated~~or loss reviewed by the ~~IPO,~~CODM ~~which~~are ~~consisted~~general ofand ~~5,750,000~~administrative ~~units~~expenses ~~(the~~and ~~“Units”),~~interest ~~including~~earned ~~750,000~~on ~~Units~~investments ~~issued~~held ~~pursuant~~in toTrust ~~the~~Account. ~~full~~General ~~exercise~~and administrative expenses are reviewed and monitored by the ~~underwriters~~CODM ofto ~~their~~manage ~~over-allotment~~and ~~option.~~forecast ~~Each~~cash ~~Unit~~to ~~consists~~ensure enough ofcapital ~~one~~is ~~Class~~available Ato ~~ordinary~~complete ~~share, par~~a ~~value~~business $0combination within the business combination period.~~0001~~ ~~per~~The ~~share~~CODM ~~(the~~also ~~“Class~~reviews Ageneral and ~~Ordinary~~administrative ~~Share”)~~expenses to manage, maintain and ~~one~~enforce ~~right~~all tocontractual ~~receive~~agreements ~~one-sixth~~to ~~(1/6th)~~ensure ofcosts ~~one~~are ~~Class~~aligned Awith ~~Ordinary~~all agreements ~~Share~~and ~~(the~~budget. ~~“Right”)~~Interest ofearned ~~the~~on ~~Company.~~investments ~~The~~held ~~Units~~in ~~were~~Trust ~~sold~~Account atare areviewed ~~price~~to measure and monitor shareholder value and determine the most effective strategy of ~~$10.00~~investment ~~per~~with ~~Unit,~~the ~~generating~~Trust ~~gross~~Account ~~proceeds~~funds towhile maintaining compliance with the ~~Company of~~trust ~~$57,500,000~~agreement.

~~Simultaneously~~Note ~~with~~9 ~~the~~— ~~closing~~Subsequent of the IPO and the sale of the Units, the Company consummated the private placement (“Private Placement”) of 197,250 units (the “Private Placement Units”) to the Sponsor at a price of $10.00 per Private Placement Unit, generating total proceeds of $1,972,500, which is described in Note 4.Events

~~Transaction~~In ~~costs~~accordance ~~amounted~~with toASC $2855,~~435,201 consisting~~ of“Subsequent ~~$862~~Events”,~~500~~ ~~underwriting~~the ~~commissions~~Company ~~which~~evaluated ~~were~~subsequent ~~paid~~events inand ~~cash~~transactions atthat occurred after the ~~closing~~balance sheet date ofup to the ~~IPO,~~date ~~$1,150,000~~that ~~deferred~~the ~~underwriting~~unaudited ~~fee,~~condensed ~~and $422,701~~financial ~~other~~statements ~~offering~~were ~~costs~~issued. OnBased on the ~~IPO date~~review, ~~$658,177~~the ~~(including~~Company ~~$653,177~~did ~~funded~~not byidentify ~~the~~any ~~Sponsor on November 14~~subsequent events, ~~2023)~~other ~~was~~than ~~held outside of~~ the ~~Trust~~Merger ~~Account~~Agreement and isrelated ~~available~~agreements ~~for~~discussed ~~the~~in ~~payment~~Note of1, ~~the~~that ~~promissory~~that ~~note,~~would ~~payment~~have ofrequired ~~accrued~~adjustment ~~expenses~~or ~~and~~disclosure in ~~for~~the ~~working~~unaudited ~~capital~~condensed ~~purposes~~financial statements.

~~Results of Operations~~15

~~We have~~Table neither engaged in any operations nor generated any revenues to date. Our only activities from January 13, 2025 (inception) through September 30, 2025 have been limited to organizational activities as well as activities related to the IPO, and subsequent to the IPO, identifying a target company for a Business Combination. We do not expect to generate any operating revenues until after the completion of ~~our business combination.~~Contents

~~We expect~~ toItem ~~generate non-operating income in the form of interest income on marketable securities held in the Trust Account~~2. WeManagement’s ~~expect that~~Discussion weand ~~will~~Analysis ~~incur expenses as a result~~ of ~~being~~Financial aCondition ~~public company (for legal, financial reporting, accounting~~ and ~~auditing~~Results ~~compliance), as~~of ~~well as for due diligence expenses in connection with searching for, and completing, a business combination~~Operations.

~~For~~Risks ~~the period from January 13, 2025 (inception) through September 30, 2025, we had a net loss of $79,122, all of which consisted of formation~~ and ~~operating costs.~~ Uncertainties

~~Liquidity~~Results of operations and the Company’s ability to complete an initial business combination may be adversely affected by various factors that could cause economic uncertainty and ~~Capital~~volatility ~~Resources~~in the financial markets, many of which are beyond its control. The Company’s ability to consummate an initial business combination could be impacted by, among other things, changes in laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the Middle East. The Company cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s ability to complete an initial business combination. Any of the above-mentioned factors, or any other negative impact on the global economy, capital markets or other geopolitical conditions resulting from ongoing global conflicts and/or other future global conflicts and subsequent sanctions or related actions, could adversely affect the Company’s search for an initial business combination and any target business with which the Company may ultimately consummate an initial business combination. The financial statements do not include any adjustments that might result from the outcome of these uncertainties.

As previously disclosed on a Current Report on Form 8-K dated November 19, 2025 and November 13, 2025, the Company consummated the IPO of 5,750,000 units (the “Units”), including the full exercise of the over-allotment option of 750,000 Units granted to the underwriters. Each Unit consists of one Class A ordinary share, par value $0.0001 per share and one right to receive one-sixth (1/6th) of one Class A Ordinary Share of the Company upon the completion of the initial Business Combination. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $57,500,000. The Company has granted the underwriter a 45-day option from the date of IPO to purchase up to 750,000 additional Units to cover over-allotments, if any, at the IPO price less the underwriting discounts and commissions. The underwriter fully excised its over-allotment option on November 13, 2025.Overview

AsWe ~~previously~~are ~~disclosed~~a onblank acheck ~~Current~~company ~~Report~~incorporated onin ~~Form~~Cayman ~~8-K~~Islands ~~November~~on 19January 13, 2025 as an exempted company with limited liability and ~~November~~formed for 13the purpose of effecting a merger, ~~2025~~amalgamation, ~~simultaneously~~share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We intend to effectuate our initial business combination using cash from the ~~closing~~proceeds of the initial public offering (the “IPO”) and the ~~sale~~private placement of the ~~Units~~private placement units, the ~~Company~~proceeds ~~consummated~~of the ~~private~~sale ~~placement~~ of our ansecurities ~~aggregate~~in ofconnection ~~197,250~~with ~~Private~~our ~~Placement~~initial ~~Units~~business combination (including pursuant to ~~the~~forward purchase agreements or backstop agreements ~~Sponsor,~~we atmay aenter ~~price~~into offollowing ~~$10.00~~the ~~per~~IPO ~~Private~~or ~~Unit~~otherwise) shares issued to the owners of the target, ~~generating~~debt ~~total~~issued ~~proceeds~~to bank or other lenders or the owners of $1the target,~~972,500.~~ ~~Each~~other ~~Private~~securities ~~Placement~~issuances, ~~Unit~~or ~~consisted~~a combination of ~~one Class~~the Aforegoing. We ~~Ordinary~~are ~~Share~~an emerging growth company and, as ~~one~~such, ~~Right~~are subject to all the risks associated with emerging growth companies.

~~The~~We ~~Private~~expect ~~Placement Units were issued pursuant~~ to ~~Section~~continue ~~4(a)(2) of the Securities Act of 1933, as amended, as the transactions did not involve a public offering. The Private Units are identical~~ to ~~the~~incur ~~Units~~significant ~~sold~~costs in the ~~IPO~~pursuit ~~except~~of ~~with~~our ~~respect~~initial tobusiness ~~certain registration rights and transfer restrictions, as described in the Registration Statement~~combination. ~~Additionally,~~We ~~the~~cannot ~~Sponsor~~assure ~~agreed~~you ~~not~~that toour ~~transfer, assign or sell~~plans ~~any~~to ofraise ~~the~~capital ~~Private Placement Units~~ or ~~underlying~~to ~~securities~~complete ~~(except~~our ~~in limited circumstances, as described in the Registration Statement) until after the completion of the Company’s~~ initial business combination. ~~The~~will ~~Sponsor~~be ~~was granted certain demand and piggyback registration rights in connection with the purchase of the Private Placement Units and the underlying securities~~successful.

15Recent Developments

~~Table~~The ofMerger ~~Contents~~Agreement

~~Upon the~~On ~~closing~~May of1, ~~the~~2026, ~~IPO~~we ~~and~~entered into ~~the~~an ~~private~~Agreement ~~placement~~and onPlan ~~November~~of ~~13,~~Merger ~~2025,~~(as ait ~~total~~may ofbe ~~$57~~amended,~~500,000~~ ~~($10.00~~supplemented ~~per~~or ~~Unit)~~otherwise modified from time to time, the ~~net~~“Merger ~~proceeds~~Agreement”) ofwith ~~the~~(i) ~~sale~~NeoCryo ofInc, ~~the~~a ~~Units~~Cayman inIslands ~~the~~exempted ~~IPO~~company and ~~the~~wholly ~~sale~~owned subsidiary of BPAC (the ~~Private~~“Purchaser”), ~~Placement~~(ii) ~~Units~~NeoCryo Merger ~~was~~Sub ~~placed~~Ltd, in a ~~trust~~Cayman ~~account~~Islands ~~(“Trust~~exempted ~~Account”) which~~company ~~will~~and bewholly ~~invested~~owned ~~only~~subsidiary inof ~~U.S.~~BPAC ~~government~~(“Merger ~~treasury~~Sub”), ~~bills~~and ~~with~~(iii) SINGAUTO Inc., a ~~maturity~~Cayman ofIslands ~~185~~exempted ~~days~~company ~~or less~~(“SINGAUTO”), orto ineffect ~~money~~a ~~market~~two-step ~~funds~~business ~~meeting~~combination ~~the applicable~~resulting ~~conditions~~in ofa ~~Rule~~new ~~2a-7~~publicly ~~promulgated~~traded holding ~~under~~company ~~the~~(“PubCo”). ~~Investment~~The ~~Company~~transaction ~~Act~~is ~~which~~structured ~~invest solely~~ in ~~direct~~two ~~U.S.~~sequential ~~government treasury.~~mergers:

WeReincorporation Merger: ~~intend~~Upon tothe ~~use~~closing ~~substantially all~~ of the ~~funds~~transactions ~~held~~contemplated in the ~~Trust~~Merger ~~Account~~Agreement, ~~including~~and ~~any~~subject ~~amounts~~to ~~representing interest earned on~~ the ~~Trust Account~~terms ~~(less~~and ~~income~~conditions ~~taxes~~set ~~payable)~~forth therein, BPAC towill ~~complete~~merge ~~our~~with ~~business~~and ~~combination.~~into To the ~~extent that our share capital or debt is used~~Purchaser, inwith ~~whole or~~the inPurchaser ~~part,~~surviving as ~~consideration~~PubCo to(the ~~complete~~“Reincorporation ~~our~~Merger”). ~~business~~In ~~combination,~~connection with the ~~remaining~~Reincorporation ~~proceeds~~Merger, ~~held~~(i) inall ~~the~~issued ~~Trust~~and ~~Account~~outstanding ~~will~~Class beB ~~used~~ordinary asshares ~~working capital~~will tobe ~~finance~~converted ~~the~~automatically ~~operations~~into ofClass ~~the~~A ~~target business or businesses~~ordinary shares, ~~make~~(ii) ~~other~~all ~~acquisitions~~issued and ~~pursue~~outstanding ~~our~~units ~~growth~~will ~~strategies.~~be ~~Such working~~separated ~~capital~~automatically ~~funds~~into ~~could~~their beindividual ~~used~~components inof aClass ~~variety~~A ofordinary ~~ways~~ shares and ~~could~~rights, ~~also~~and bewill ~~used~~cease toseparate ~~repay~~existence ~~any~~and ~~operating~~trading, ~~expenses~~(iii) orall ~~finders’~~issued ~~fees which~~and weoutstanding ~~had~~Class ~~incurred~~A ~~prior~~ordinary toshares ~~the~~will ~~completion~~be ofconverted automatically ~~our~~into ~~Business~~Purchaser ~~Combination~~ordinary orshares toon ~~indemnify~~a ~~any~~one-for-one ofbasis, ~~our~~and ~~officers~~(iv) oreach ~~directors~~issued asand ~~required by~~outstanding ~~law~~right ifwill ~~the~~be ~~funds~~converted ~~available~~into a right to usreceive ~~outside~~one-sixth of ~~the~~one ~~Trust~~Purchaser ~~Account~~ordinary ~~were~~share ~~insufficient~~at ~~to cover such expenses~~closing.

AsAcquisition Merger: ofAt ~~September~~least ~~30,~~one ~~2025,~~business weday ~~had~~after ~~$5,000~~the inReincorporation ~~cash and a working capital deficit of $231~~Merger,~~823.~~ ~~The~~Merger ~~Company’s~~Sub ~~liquidity~~will ~~needs~~merge ~~prior~~with ~~to the~~and ~~closing~~into ofSINGAUTO, ~~IPO~~with ~~were~~SINGAUTO ~~satisfied~~surviving ~~through~~as a wholly ~~payment~~owned ~~from~~subsidiary ~~the Sponsor~~ of ~~$25,000~~PubCo ~~for~~ (the ~~Founder~~“Acquisition ~~Shares~~Merger”). ~~and~~As a ~~non-interest~~result ~~bearing, unsecured loan~~ of upthe toAcquisition ~~$300~~Merger,~~000~~ ~~from~~all ~~the~~outstanding ~~Sponsor, to cover transaction costs incurred in connection with the IPO. The loan was fully repaid upon~~equity ~~the~~interests ~~closing~~ of ~~the~~SINGAUTO ~~IPO~~will ~~out~~be ofcancelled ~~the~~and ~~offering~~converted ~~proceeds~~into ~~not held in~~ the ~~Trust~~right ~~Account.~~to Asreceive ofmerger ~~September 30, 2025, $206,823 was outstanding under the promissory note~~consideration.

~~We intend~~Pursuant to ~~use~~ the ~~funds~~terms ~~held~~of ~~outside~~the Merger Agreement, the ~~Trust~~aggregate ~~Account~~consideration ~~primarily~~payable to ~~identify~~SINGAUTO’s ~~and~~shareholders ~~evaluate~~is ~~target~~$1.2 ~~businesses~~billion, ~~perform~~payable ~~business~~entirely ~~due~~in ~~diligence~~equity, consisting onof ~~prospective target businesses~~120,000,000 ~~travel~~PubCo toordinary ~~and~~shares ~~from~~valued ~~the~~at ~~offices,~~$10.00 ~~plants~~per orshare. ~~similar~~The ~~locations~~Merger ofAgreement ~~prospective~~may ~~target~~be ~~businesses~~terminated orunder ~~their representatives~~customary ~~or owners~~circumstances, including ~~review~~failure ~~corporate~~to ~~documents~~obtain ~~and~~required ~~material~~approvals, ~~agreements~~uncured ofbreaches, ~~prospective~~legal ~~target businesses~~prohibitions, ~~structure,~~or ~~negotiate and~~failure ~~consummate~~to execute a ~~business~~required ~~combination~~IP cooperation agreement.

~~In order~~Key toRelated fund working capital deficiencies or finance transaction costs in connection with a business combination, the Sponsor or an affiliate of our Sponsor, or certain of our officers and directors or their affiliates may, but are not obligated to, loan us funds as may be required. If we complete a business combination, we would repay such loaned amounts. In the event that a 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. Up to $1,500,000 of such Working Capital Loans may be convertible into Private Placement Units of the post business combination entity at a price of $10.00 per Private Placement Unit at the option of the lender. Such units would be identical to the Private Placement Units issued to our sponsor. The terms of such loans by our officers and directors, if any, have not been determined and no written agreements exist with respect to such loans. We do not expect to seek loans from parties other than our sponsor or an affiliate of our sponsor as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account.Agreements:

~~The~~ ● Company ~~has~~Support ~~incurred~~Agreement: ~~and~~Certain ~~expects~~SINGAUTO toshareholders ~~continue~~agreed to ~~incur~~vote ~~significant costs to remain as a publicly traded company and to incur significant transaction costs~~ in ~~pursuit~~favor of the ~~consummation~~Merger ofAgreement ~~a business combination. The Company currently has until February 13, 2027 (unless the Company extends such period by amending its Amended~~ and ~~Restated Memorandum and Articles of Association) to consummate~~ the ~~initial business~~transactions ~~combination.~~contemplated Ifthereby ~~the Company does not complete a business combination within the prescribed timeline, the Company will trigger an automatic winding up, dissolution~~ and ~~liquidation~~restrict ~~pursuant~~transfers ~~to the terms~~ of ~~the~~their ~~Amended~~SINGAUTO ~~and~~shares Restated Memorandum and Articles of Association. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the Company has determined that it has incurred and expects to continue to incur significant costs in pursuit of its acquisition plans. There is no assurance that the Company’s plans to raise capital or to consummate a Business Combination will be successful within the Combination Period. The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statement. Therefore, management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern until ~~the~~closing ~~earlier of the consummation of the business combination~~ or ~~the date the Company is required to liquidate~~termination. ~~The unaudited condensed financial statements do not include any adjustments that might result from outcome of these uncertainties.~~

~~Off-Balance Sheet~~● ~~Arrangements~~Sponsor Support Agreement: The Sponsor and certain of its affiliates agreed to vote in favor of the Merger Agreement and the transactions contemplated thereby, waive redemption rights, and not transfer their BPAC shares until closing or termination.

~~We have~~● ~~no obligations, assets or liabilities, which would be considered off~~Lock-~~balance~~Up ~~sheet~~Agreements: ~~arrangements~~At ~~as of September 30~~closing, ~~2025.~~the WeSponsor ~~do not~~and ~~participate~~certain insignificant ~~transactions~~shareholders ~~that~~(≥5% ~~create~~holders) ~~relationships~~will ~~with~~be ~~unconsolidated~~subject ~~entities~~to ortransfer ~~financial~~restrictions ~~partnerships,~~on ~~often~~their ~~referred~~PubCo toordinary ~~as variable interest entities~~shares, ~~which~~generally ~~would~~lasting ~~have~~30 ~~been~~days ~~established~~ for ~~the purpose of facilitating off~~sponsor-~~balance~~related ~~sheet~~shares ~~arrangements.~~and We180 ~~have not~~days ~~entered~~for ~~into~~other ~~any off-balance sheet financing arrangements~~shareholders, ~~established~~subject ~~any~~to ~~special~~early ~~purpose~~release ~~entities,~~upon ~~guaranteed~~certain ~~any~~specified ~~debt~~stock orprice ~~commitments of~~thresholds ~~other entities,~~ or ~~purchased~~certain ~~any non~~change-~~financial~~of-control ~~assets~~events.

16● Registration Rights Agreement: PubCo will enter into a registration rights agreement with certain shareholders of SINGAUTO and BPAC, pursuant to which such shareholders will be provided demand and “piggy-back” registration rights, subject to certain requirements and customary conditions. All expenses of registration will be paid by PubCo.

~~Table~~● ofIP ~~Contents~~Cooperation Agreement: SINGAUTO is required to enter into the IP cooperation agreement, in a form acceptable to BPAC, within a specified period.

~~Contractual~~Results ~~obligations~~of Operations

We dohave ~~not~~neither ~~have~~engaged in any ~~long-term~~operations ~~debt~~nor generated any revenues to date. Our only activities from January 13, ~~capital~~2025 ~~lease~~(inception) ~~obligations~~through March 31, ~~operating~~2026 ~~lease~~have ~~obligations~~been orlimited ~~long-term~~to ~~liabilities~~organizational activities as well as activities related to the IPO, ~~other~~and ~~than~~subsequent ~~described~~to the IPO, identifying ~~below~~a target company for a Business Combination. We do not expect to generate any operating revenues until after the completion of our business combination.

~~Registration~~We ~~Rights~~expect to generate non-operating income in the form of interest income on marketable securities held in the Trust Account. We expect that we will incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses in connection with searching for, and completing, a business combination.

The holders of the Founder Shares issued and outstanding as of November 13, 2025, as well as the holders of the Private Units and any shares of the Company’s insiders, officers, directors or their affiliates may be issued in payment of working capital loans and extension loans made to the Company (and any ordinary shares issuable upon conversion of the underlying the private rights), will be entitled to registration rights pursuant to an agreement to be signed prior to or on the effective date of the registration statement. The holders of a majority of these securities are entitled to make up to two 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 these ordinary shares are to be released from trust. The holders of a majority of the private units and units issued in payment of working capital loans made to us can elect to exercise these registration rights at any time commencing on the date that the Company consummate an initial business combination. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the consummation of an initial business combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.16

~~Underwriting Agreement~~Table of Contents

~~The~~For ~~Company~~the ~~has~~three ~~granted~~months ~~the~~ended ~~underwriters~~March a31, ~~45-day~~2026, ~~option~~we ~~from~~had ~~the~~a ~~date~~net income of ~~the~~$150,174, ~~IPO~~which toconsisted ~~purchase~~of upgeneral toand ~~750~~administrative expenses of $358,~~000~~951, offset ~~additional~~by ~~Units~~interest toincome ~~cover~~from ~~over-allotments, if~~our ~~any~~investments in Trust Account of $509,125. atFor the ~~IPO~~period ~~price~~from ~~less~~January ~~the~~13, ~~underwriting~~2025 ~~discounts~~(inception) ~~and~~through March ~~commissions. The~~31, ~~underwriter~~2025, ~~fully~~we ~~excised~~had ~~its~~a ~~over-allotment~~net ~~option on~~loss ~~November~~of 13$9,052, ~~2025~~all of which consisted of formation and operating expenses.

~~The~~Liquidity ~~underwriters~~and ~~were~~Capital paid a cash underwriting discount of 1.50% of the gross proceeds of the IPO, or $862,500. Additionally, the underwriters will be entitled to a deferred underwriting discount of 2% of the gross proceeds of the IPO or $1,150,000, upon the completion of the Company’s initial Business Combination subject to the terms of the underwriting agreement.Resources

~~The~~On ~~underwriters~~November ~~have~~13, ~~agreed~~2025, ~~(i)~~the toCompany ~~waive~~consummated ~~their~~the ~~redemption~~IPO ~~rights~~of ~~with~~5,750,000 ~~respect~~Units, toincluding ~~such~~the ~~shares~~full inexercise ~~connection~~of ~~with~~ the ~~completion~~over-allotment option of ~~its initial~~750,000 ~~Business~~Units ~~Combination,~~granted ~~and~~to ~~(ii)~~the tounderwriters. ~~waive~~Each ~~their~~Unit ~~rights~~consists toof ~~liquidating~~one ~~distributions~~Class ~~from~~A ~~the~~Ordinary ~~Trust~~Share ~~Account~~and ~~with~~one ~~respect~~right to ~~such~~receive ~~shares~~one-sixth (1/6th) of one ifClass A Ordinary Share of the Company ~~fails~~upon tothe ~~complete~~completion ~~its~~of the initial Business Combination. ~~within~~The ~~15 months~~Units ~~from~~were ~~the~~sold ~~closing~~at a price of ~~the~~$10.00 per ~~IPO~~Unit, ~~(subject~~generating gross proceeds to ~~shareholder approval,~~the ~~there~~Company ~~are~~of no$57,500,000. ~~limitations~~The asCompany togranted the ~~duration~~underwriter ofa an45-day ~~extension~~option orfrom the ~~number~~date of IPO ~~times~~to ~~the~~purchase ~~completion~~up ~~window~~to ~~may~~750,000 beadditional ~~extended~~Units ~~by shareholders~~to ~~via~~cover anover-allotments, ~~amendment~~if toany, ~~our~~at ~~amended~~the ~~and~~IPO ~~restated~~price ~~memorandum~~less the underwriting discounts and commissions. ~~articles~~The ofunderwriter ~~association)~~fully excised its over-allotment option on November 13, 2025.

~~Critical~~Simultaneously ~~Accounting~~with ~~Policies~~the closing of the IPO and the sale of the Units, the Company consummated the private placement of an aggregate of 197,250 Private Placement Units to the Sponsor, at a price of $10.00 per Private Placement Unit, generating total proceeds of $1,972,500. Each Private Placement Unit consisted of one Class A Ordinary Share and one right to receive one-sixth (1/6th) of one Class A Ordinary Share of the Company upon the completion of the initial Business Combination.

The ~~preparation~~Private Placement Units were issued pursuant to Section 4(a)(2) of ~~unaudited~~the ~~condensed~~Securities ~~financial~~Act ~~statements~~of ~~and~~1933, ~~related~~as ~~disclosures~~amended, as the transactions did not involve a public offering. The Private Placement Units are identical to the Units sold in ~~conformity~~the ~~with~~IPO ~~GAAP~~except ~~requires~~with ~~Management~~respect to ~~make~~certain ~~estimates~~registration rights and ~~assumptions~~transfer ~~that~~restrictions, ~~affect~~as described in the ~~reported~~final ~~amounts~~prospectus offor ~~assets~~the ~~and~~IPO. ~~liabilities~~Additionally, ~~disclosure~~the ofSponsor ~~contingent~~agreed ~~assets~~not ~~and~~to ~~liabilities~~transfer, assign ator ~~the~~sell ~~date~~ any of the ~~financial~~Private ~~statements~~Placement Units or underlying securities (except in limited circumstances, ~~and~~as ~~income~~described ~~and~~in ~~expenses~~the ~~during~~final prospectus for the ~~periods~~IPO) ~~reported.~~until ~~Actual~~30 ~~results~~days ~~could~~after ~~materially~~the ~~differ~~completion ~~from~~of ~~those~~the ~~estimates~~Company’s initial business combination. The Sponsor was granted Wecertain ~~have~~demand ~~not~~and ~~identified~~piggyback ~~any~~registration ~~critical~~rights ~~accounting~~in ~~estimates~~connection with the purchase of the Private Placement Units and ~~critical~~the ~~accounting~~underlying ~~policies~~securities.

~~The Company’s~~Upon ~~management~~the ~~does~~closing ~~not~~of ~~believe~~the ~~that~~IPO and ~~any~~the ~~other~~private ~~recently~~placement ~~issued~~on November 13, ~~but~~2025, ~~not~~a ~~yet~~total ~~effective~~of $57,500,000 ~~accounting~~($10.00 ~~standards,~~per ifUnit) ~~currently~~from the net proceeds of the sale of the Units ~~adopted,~~in ~~would~~the ~~have~~IPO and the sale of the Private Placement Units was placed in a ~~material~~trust ~~effect~~account on(“Trust Account”) which will be invested only in U.S. government treasury bills with a maturity of 185 days or less, or in money market funds meeting the ~~accompanying~~applicable ~~unaudited~~conditions of ~~condensed~~Rule ~~financial~~2a-7 ~~statements~~promulgated under the Investment Company Act which invest solely in direct U.S. government treasury and held in cash or cash like items (including demand deposit accounts) at a ban.

17We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our business combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our business combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies. Such working capital funds could be used in a variety of ways and could also be used to repay any operating expenses or finders’ fees which we had incurred prior to the completion of our Business Combination or to indemnify any of our officers or directors as required by law if the funds available to us outside of the Trust Account were insufficient to cover such expenses.

~~Table~~As of ~~Contents~~March 31, 2026, we had $97,816 in cash and a working capital of $49,155. The Company’s liquidity needs prior to the closing of IPO were satisfied through a payment from the Sponsor of $25,000 for the Founder Shares and a non-interest bearing, unsecured loan of up to $300,000 from the Sponsor, to cover transaction costs incurred in connection with the IPO. The loan was fully repaid upon the closing of the IPO out of the offering proceeds not held in the Trust Account. As of March 31, 2026, there was no amount outstanding under the promissory note.

~~Item~~We intend to use the funds 3.held ~~Quantitative~~outside the Trust Account primarily to identify and ~~Qualitative~~evaluate ~~Disclosures~~target ~~About~~businesses, ~~Market~~perform ~~Risk~~business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, structure, negotiate and consummate a business combination.

AsIn order to fund working capital ~~smaller~~deficiencies ~~reporting~~or ~~company~~finance transaction costs in connection with a business combination, wethe Sponsor or an affiliate of our Sponsor, or certain of our officers and directors or their affiliates may, but are not obligated to, loan us funds as may be required. If we complete a business combination, we would repay such loaned amounts. In the event that a business combination does not close, we may use a portion of the working capital held outside the Trust Account to ~~make~~repay ~~disclosures~~such ~~under~~loaned ~~this~~amounts ~~Item~~but no proceeds from our Trust Account would be used for such repayment. Up to $1,500,000 of such Working Capital 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. Such units would be identical to the Private Placement Units issued to our sponsor. The terms of such loans by our officers and directors, if any, have not been determined and no written agreements exist with respect to such loans. We do not expect to seek loans from parties other than our sponsor or an affiliate of our sponsor as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account.

~~Item 4. Controls and Procedures~~17

~~Evaluation~~ Table of ~~Disclosure Controls and Procedures~~Contents

~~Disclosure~~The Company has incurred and ~~controls~~expects to continue to incur significant costs to remain as a publicly traded company and ~~procedures~~to ~~are~~incur ~~designed~~significant ~~with~~transaction costs in pursuit of the ~~objective~~consummation of ~~ensuring~~a ~~that~~business ~~information~~combination. ~~required~~The toCompany becurrently ~~disclosed~~has until February 13, 2027 (unless the Company extends such period by usamending inits ~~our~~Amended ~~Exchange~~and ~~Act~~Restated Memorandum and Articles of Association) to consummate the initial business combination. If the Company ~~reports~~does isnot ~~recorded,~~complete ~~processed~~a business combination within the prescribed timeline, ~~summarized~~the Company will trigger an automatic winding up, dissolution and ~~reported~~liquidation ~~within~~pursuant to the ~~time~~terms ~~periods~~of ~~specified~~the inAmended ~~the~~and ~~SEC’s~~Restated ~~rules~~Memorandum and ~~forms~~Articles of Association. ~~Disclosure~~In connection with the Company’s ~~controls~~assessment ~~are~~of ~~also~~going ~~designed~~concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the ~~objective~~Company has determined that ~~such~~it ~~information~~has incurred and expects to continue to incur significant costs in pursuit of its acquisition plans. There is ~~accumulated~~no ~~and~~assurance ~~communicated~~that the Company’s plans to ~~our~~raise ~~management,~~capital ~~including~~or ~~our~~to consummate a Business Combination will be successful within ~~principal~~the ~~executive~~combination ~~officer~~period. ~~and~~The ~~principal~~Company lacks the financial ~~officer~~resources orit ~~persons~~needs ~~performing~~to ~~similar~~sustain ~~functions~~operations for a reasonable period of time, aswhich is ~~appropriate~~considered to ~~allow~~be ~~timely~~one ~~decisions~~year from the date of the issuance of the financial statement. Therefore, management has determined that these ~~regarding~~conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the business combination or the date the Company is required ~~disclosure~~to liquidate. The unaudited condense financial statements do not include any adjustments that might result from outcome of these uncertainties.

Our management evaluated, with the participation of our management, including our principal executive officer and principal financial and accounting officer, the effectiveness of our disclosure controls and procedures as of the end of the fiscal quarter ended September 30, 2025, as such term is defined in Rules 13aOff-~~15(e) and 15d-15(e) under the Exchange Act. Based on this evaluation, our principal executive~~Balance ~~officer~~Sheet ~~and~~Financing ~~principal financial and accounting officer have concluded that during the period covered by this report, our disclosure controls and procedures were effective at a reasonable assurance level.~~Arrangements

We do ~~not~~have ~~expect~~no ~~that~~obligations, ~~our~~assets ~~disclosure~~or ~~controls~~liabilities, ~~and~~which ~~procedures~~would ~~will~~be ~~prevent~~considered off-balance ~~all~~sheet ~~errors~~arrangements ~~and~~as ~~all instances~~ of March ~~fraud. Disclosure controls and procedures~~31, no2026. ~~matter~~We ~~how~~do ~~well conceived and operated, can provide only reasonable,~~ not ~~absolute,~~participate ~~assurance~~in transactions that ~~the~~create ~~objectives~~relationships ofwith ~~the~~unconsolidated ~~disclosure~~entities ~~controls~~or ~~and~~financial ~~procedures are met. Further~~partnerships, ~~the~~often ~~design~~referred ofto ~~disclosure~~as ~~controls~~variable ~~and~~interest ~~procedures must reflect the fact that there are resource constraints~~entities, ~~and~~which ~~the~~would ~~benefits~~have ~~must~~been beestablished ~~considered~~for ~~relative to their costs. Because of~~ the ~~inherent limitations in all disclosure~~purpose ~~controls and procedures, no evaluation~~ of ~~disclosure~~facilitating ~~controls~~off-balance ~~and~~sheet ~~procedures~~arrangements. ~~can~~We ~~provide absolute assurance that we~~ have ~~detected~~not ~~all our~~entered ~~control~~into ~~deficiencies~~any ~~and~~off-balance ~~instances~~sheet offinancing ~~fraud~~arrangements, ifestablished any. special ~~The~~purpose ~~design~~entities, ofguaranteed ~~disclosure~~any ~~controls~~debt ~~and~~or ~~procedures~~commitments ~~also is based partly on certain assumptions about the likelihood~~ of ~~future~~other ~~events~~entities, ~~and~~or ~~there~~purchased ~~can be no assurance that~~ any ~~design~~non-financial ~~will succeed in achieving its stated goals under all potential future conditions~~assets.

~~Changes~~Contractual ~~in Internal Control over Financial Reporting~~Obligations

~~Not~~We ~~applicable~~do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than described below.

~~Inherent Limitations~~Registration ~~on Effectiveness of Internal Controls~~Rights

AThe ~~control~~holders ~~system,~~of nothe ~~matter~~Founder ~~how~~Shares, as well ~~designed~~as ~~and~~the ~~operated,~~holders ~~can~~of ~~provide~~the ~~only~~Private ~~reasonable~~Placement Units and ~~not~~any ~~absolute~~shares ~~assurance~~ of ~~achieving~~ the ~~desired~~Company’s insiders, officers, ~~control~~directors ~~objectives.~~or Intheir ~~reaching~~affiliates amay ~~reasonable~~be ~~level~~issued in payment of ~~assurance,~~working ~~management~~capital ~~necessarily~~loans ~~was~~and ~~required~~extension loans made to ~~apply~~the ~~its~~Company ~~judgment~~(and inany ~~evaluating~~ordinary ~~the~~shares ~~benefits~~issuable upon conversion of ~~possible~~the ~~controls~~underlying ~~and~~the ~~procedures~~private ~~relative~~placement rights), are entitled to ~~their~~registration ~~costs.~~rights Inpursuant ~~addition,~~to an agreement signed on the ~~design~~effective date of ~~any~~the ~~system~~registration statement for the IPO. The holders of ~~controls~~a ismajority ~~based~~of these securities are entitled to inmake ~~part~~up ~~upon~~to ~~certain~~two ~~assumptions~~demands ~~about~~that the ~~likelihood~~Company register such securities. The holders of ~~future~~the ~~events,~~majority ~~and~~of ~~there~~the Founder Shares can beelect noto ~~assurance~~exercise these ~~that~~registration rights at any ~~design~~time ~~will~~commencing ~~succeed~~three ~~in achieving~~months ~~its~~prior ~~stated~~to ~~goals~~the ~~under~~date ~~all~~on ~~potential~~which ~~future~~these ~~conditions;~~ordinary ~~over~~shares ~~time,~~are ~~controls~~to ~~may~~be ~~become~~released ~~inadequate~~from trust. ~~because~~The holders of ~~changes~~a inmajority ~~conditions, or~~of the ~~degree~~Private Placement Units and units issued in payment of ~~compliance~~working ~~with~~capital ~~policies~~loans ormade ~~procedures~~to ~~may~~us ~~deteriorate.~~can ~~Because~~elect to ofexercise these registration rights at any time commencing on the ~~inherent~~date ~~limitations~~that inthe aCompany ~~cost-effective~~consummate ~~control~~an initial business combination. ~~system~~In addition, ~~misstatements~~the ~~due~~holders have certain “piggy-back” registration rights with respect to ~~error~~registration orstatements ~~fraud~~filed ~~may~~subsequent to ~~occur~~the ~~and~~consummation ~~not~~of bean ~~detected~~initial business combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

18Underwriting Agreement

~~Table~~The Company granted the underwriters a 45-day option from the date of ~~Contents~~the IPO to purchase up to 750,000 additional Units to cover over-allotments, if any, at the IPO price less the underwriting discounts and commissions. The underwriter fully excised its over-allotment option on November 13, 2025.

~~PART~~The IIunderwriters –were ~~OTHER~~paid ~~INFORMATION~~a cash underwriting discount of 1.50% of the gross proceeds of the IPO, or $862,500. Additionally, the underwriters will be entitled to a deferred underwriting discount of 2% of the gross proceeds of the IPO or $1,150,000, upon the completion of the Company’s initial Business Combination subject to the terms of the underwriting agreement.

~~Item~~The 1.underwriters ~~Legal~~have ~~Proceedings~~agreed to waive their rights to the deferred underwriting discounts held in the trust account in the event the Company does not consummate a business combination within 15 months from the closing of the IPO (as may be extended pursuant to the Company’s charter documents (subject to shareholder approval, there are no limitations as to the duration of an extension or the number of times the completion window may be extended by shareholders via an amendment to the Company’s amended and restated memorandum and articles of association)), 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 the public shares.

ToCritical ~~the~~Accounting knowledge of our management, there is no material litigation, arbitration or governmental proceeding currently pending against us, any of our officers or directors in their capacity as such or against any of our property.Policies

~~Item~~The 1Apreparation of financial statements and related disclosures in conformity with GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and income and expenses during the periods reported. ~~Risk~~Actual ~~Factors~~results could materially differ from those estimates. We have not identified any critical accounting estimates and critical accounting policies.

~~Factors~~The ~~that~~Company’s ~~could~~management ~~cause~~does ~~our~~not ~~actual~~believe ~~results~~that ~~to differ materially from those in this Quarterly Report are~~ any ofother ~~the~~recently ~~risks~~issued, ~~described~~but innot ~~our~~yet ~~Final Prospectus~~effective, ~~filed~~accounting ~~with~~standards, ~~the~~if ~~SEC on November 12~~currently adopted, ~~2025.~~would ~~Any~~have ~~of these factors could result in~~ a ~~significant or~~ material ~~adverse~~ effect on ~~our~~ ~~results~~the ofaccompanying ~~operations or~~ financial ~~condition~~statements. ~~Additional risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations.~~

AsRecent ofAccounting the date of this Quarterly Report on Form 10-Q, there have been no material changes to the risk factors disclosed in our Final Prospectus. We may disclose changes to such factors or disclose additional factors from time to time in our future filings with the SEC.Standards

~~Item~~In 2.December ~~Unregistered~~2023, ~~Sales~~the ofFASB ~~Equity~~issued ~~Securities~~ASU 2023-09, Income taxes (Topic 740): Improvements to Income Tax Disclosure (“ASU 2023-09”), which enhances the transparency and ~~Use~~usefulness of ~~Proceeds~~income tax disclosures. ASU 2023-09 became effective for fiscal years beginning after December 15, 2024. The Company adopted this guidance on January 1, 2026 and the adoption has no material impact on its financial statements.

~~Recent~~Management ~~Sales~~does ofnot ~~Unregistered~~believe ~~Securities~~that any other recently issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial statements.

In February 2025, Blueport Acquisition Corporation (the “Sponsor”) purchased an aggregate of 1,983,750 Class B ordinary shares for an aggregate of $25,000. In August 2025, the Sponsor, for no consideration, forfeited 546,250 shares in a share recapitalization, resulting in the Sponsor holding an aggregate of 1,437,500 founder shares.18

~~Simultaneously with~~Table ~~the closing~~ of the Company’s initial public offering (the “IPO”), the Company consummated a private placement (the “Private Placement”) of an aggregate of 197,250 units (the “Private Units”) to the Sponsor, at a price of $10.00 per Private Unit, generating total proceeds of $1,972,500. Each Unit consists of one Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Share”), and one right to receive one-sixth (1/6th) of one Class A Ordinary Share (the “Right”) of the Company.Contents

~~The~~JOBS Private Units are identical to the Units sold in the IPO except with respect to certain registration rights and transfer restrictions, as described in the Registration Statement. Additionally, the Sponsor agreed not to transfer, assign or sell any of the Private Units or underlying securities (except in limited circumstances, as described in the Registration Statement) until after the completion of the Company’s initial business combination. The Sponsor was granted certain demand and piggyback registration rights in connection with the purchase of the Private Units and the underlying securities.Act

The ~~Private~~Jumpstart ~~Units~~Our ~~were~~Business ~~issued~~Startups ~~pursuant~~Act toof ~~Section~~2012 4(athe “JOBS Act”)~~(2)~~ ofcontains provisions that, among other things, relax certain reporting requirements for qualifying public companies. We qualify as an “emerging growth company” and under the ~~Securities~~JOBS Act are allowed to comply with new or revised accounting pronouncements based on the effective date for private (not publicly traded) companies. We are electing to delay the adoption of ~~1933~~new or revised accounting standards, and as ~~amended~~a result, aswe may not comply with new or revised accounting standards on the ~~transaction~~relevant ~~did~~dates ~~not~~on ~~involve~~which adoption of such standards is required for non-emerging growth companies. As a result, the consolidated financial statements may not be comparable to companies that comply with new or revised accounting pronouncements as of public ~~offering~~company effective dates.

~~Use~~Additionally, we are in the process of ~~Proceeds~~evaluating ~~from~~the benefits of relying on the other reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, if, as an “emerging growth company,” we choose to rely on such exemptions we may not be required to, among other things, (i) provide an auditor’s attestation report on our ~~Initial~~system of internal controls over financial reporting pursuant to Section 404,(ii) provide all of the compensation disclosure that may be required of non-emerging growth public companies under the Dodd-Frank Wall Street Reform and Consumer Protection Act, (iii) comply with any requirement that may be adopted by the Public ~~Offering~~Company Accounting Oversight Board regarding mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the consolidated financial statements (auditor discussion and analysis) and (iv) disclose certain executive compensation related items such as the correlation between executive compensation and performance and comparisons of the chief executive officer’s compensation to median employee compensation. These exemptions will apply for a period of five years following the completion of our IPO or until we are no longer an “emerging growth company,” whichever is earlier.

~~On November~~ ~~13,~~Item 2025, the Company consummated its IPO of 5,750,000 units, which included 750,000 Units issued pursuant to the exercise in full by the underwriters of its over-allotment option, which option was granted to the underwriters under the underwriting agreement for its IPO3. ~~Each~~Quantitative ~~Unit consists of one Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Share”),~~ and ~~one~~Qualitative ~~right~~Disclosures toAbout ~~receive~~Market ~~one-sixth (1/6th) of one Class A Ordinary Share (the “Right”) of the Company~~Risk. The Units were sold at a price of $10.00 per unit, and the IPO generated gross proceeds of $57,500,000. The securities sold in the IPO were registered under the Securities Act on a registration statement on Form S-1 (No. 333-288356) which became effective pursuant to Section 8(a) of the Securities Act of 1933, as amended on November 10, 2025.

AsWe ofare ~~November 13, 2025,~~ a ~~total~~smaller ofreporting ~~$57,500,000~~company ofas ~~the~~defined ~~net~~by ~~proceeds~~Rule ~~from~~12b-2 ~~the~~of ~~IPO and~~ the ~~Private~~Exchange ~~Placement~~Act ~~were~~and ~~deposited~~are innot arequired ~~trust~~to ~~account established~~provide ~~for~~ the ~~benefit~~information ofotherwise required ~~the~~under ~~Company’s~~this ~~public shareholders~~Item.

~~Purchases of~~ ~~Equity~~Item ~~Securities~~4. byControls ~~the Issuer~~ and ~~Affiliated Purchasers during the Quarter Ended September 30, 2025~~Procedures.

~~None.~~Evaluation of Disclosure Controls and Procedures

~~Item~~Disclosure controls and procedures 3are designed with the objective of ensuring that information required to be disclosed by us in our Exchange Act reports is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms. ~~Defaults~~Disclosure ~~Upon~~controls ~~Senior~~are ~~Securities~~also designed with the objective that such information is accumulated and communicated to our management, including our principal executive officer and principal financial officer or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

~~None~~Our management evaluated, with the participation of our management, including our principal executive officer and principal financial and accounting officer, the effectiveness of our disclosure controls and procedures as of the end of the fiscal quarter ended September 30, 2025, as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on this evaluation, our principal executive officer and principal financial and accounting officer have concluded that during the period covered by this report, our disclosure controls and procedures were effective at a reasonable assurance level.

~~Item~~We do not expect that our 4disclosure controls and procedures will prevent all errors and all instances of fraud. ~~Mine~~Disclosure ~~Safety~~controls ~~Disclosures~~and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

~~Not~~Changes in Internal Control over Financial ~~applicable.~~Reporting

~~Item 5.~~Not ~~Other Information~~applicable.

~~None.~~Inherent Limitations on Effectiveness of Internal Controls

19A control system, no matter how well designed and operated, can provide only reasonable and not absolute assurance of achieving the desired control objectives. In reaching a reasonable level of assurance, management necessarily was required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs. In addition, the design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions; over time, controls may become inadequate because of changes in conditions, or the degree of compliance with policies or procedures may deteriorate. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

~~Table of Contents~~19

~~Item 6.~~Table ~~Exhibits.~~of Contents

~~The~~PART ~~following~~II ~~exhibits~~– ~~are~~OTHER ~~filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.~~INFORMATION

Exhibit No.		Description
31.1*		Certification of the Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*		Certification of the Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**		Certification of the Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**		Certification of the Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*		XBRL Instance Document
101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document
101.SCH*		XBRL Taxonomy Extension Schema Document
101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*		XBRL Taxonomy Extension Labels Linkbase Document
101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

Item 1. Legal Proceedings.

*To the ~~Filed~~knowledge ~~herewith~~of **our ~~Furnished~~management, ~~herewith~~there is no material litigation, arbitration or governmental proceeding currently pending against us, any of our officers or directors in their capacity as such or against any of our property.

20Item 1A. Risk Factors.

~~Table~~We are a smaller reporting company as defined by Rule 12b-2 of ~~Contents~~the Exchange Act and are not required to provide the information otherwise required under this item.

~~SIGNATURES~~Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized~~None.

	Blueport Acquisition Ltd
December 17, 2025	By:	/s/ William Rosenstadt
		Name: William Rosenstadt
		Title: Chief Executive Officer (Principal Executive Officer)
December 17, 2025	By:	/s/ Kulwant Sandher
		Name: Kulwant Sandher
		Title: Chief Financial Officer (Principal Financial Officer)

Item 3. Defaults Upon Senior Securities.

21None.

Item ~~00-0000000 Includes an aggregate of up to 187,500 class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5)~~4. AsMine aSafety ~~result of the underwriter’s full exercise of its over-allotment option to purchase 750,000 units on November 13, 2025, no class B ordinary shares were subject to forfeiture~~Disclosures. Class B ordinary shares have been retroactively adjusted to reflect the forfeiture of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5). Excludes an aggregate of up to 187,500 class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). As a result of the underwriter’s full exercise of its over-allotment option to purchase 750,000 units on November 13, 2025, no class B ordinary shares were subject to forfeiture. Class B ordinary shares have been retroactively adjusted to reflect the forfeiture of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5). Includes an aggregate of up to 187,500 class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). Class B ordinary shares have been retroactively adjusted to reflect the forfeiture of 546,250 shares for no consideration in a share recapitalization in August 2025, resulting in the sponsor holding an aggregate of 1,437,500 founder shares (up to 187,500 of which are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters) (see Note 5). 0002064177 false Q3 --12-31 0002064177 2025-01-13 2025-09-30 0002064177 us-gaap:CommonClassAMember 2025-01-13 2025-09-30 0002064177 bpacu:ClassAOrdinaryShareRightsMember 2025-01-13 2025-09-30 0002064177 bpacu:ClassAOrdinaryShareUnitsMember 2025-01-13 2025-09-30 0002064177 us-gaap:CommonClassAMember 2025-12-17 0002064177 us-gaap:CommonClassBMember 2025-12-17 0002064177 2025-09-30 0002064177 us-gaap:CommonClassAMember 2025-09-30 0002064177 us-gaap:CommonClassBMember 2025-09-30 0002064177 2025-07-01 2025-09-30 0002064177 us-gaap:CommonStockMember 2025-01-12 0002064177 us-gaap:AdditionalPaidInCapitalMember 2025-01-12 0002064177 us-gaap:RetainedEarningsMember 2025-01-12 0002064177 2025-01-12 0002064177 us-gaap:CommonStockMember 2025-01-13 2025-03-31 0002064177 us-gaap:AdditionalPaidInCapitalMember 2025-01-13 2025-03-31 0002064177 us-gaap:RetainedEarningsMember 2025-01-13 2025-03-31 0002064177 2025-01-13 2025-03-31 0002064177 us-gaap:CommonStockMember 2025-03-31 0002064177 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0002064177 us-gaap:RetainedEarningsMember 2025-03-31 0002064177 2025-03-31 0002064177 us-gaap:RetainedEarningsMember 2025-04-01 2025-06-30 0002064177 2025-04-01 2025-06-30 0002064177 us-gaap:CommonStockMember 2025-06-30 0002064177 us-gaap:AdditionalPaidInCapitalMember 2025-06-30 0002064177 us-gaap:RetainedEarningsMember 2025-06-30 0002064177 2025-06-30 0002064177 us-gaap:RetainedEarningsMember 2025-07-01 2025-09-30 0002064177 us-gaap:CommonStockMember 2025-09-30 0002064177 us-gaap:AdditionalPaidInCapitalMember 2025-09-30 0002064177 us-gaap:RetainedEarningsMember 2025-09-30 0002064177 us-gaap:SubsequentEventMember us-gaap:IPOMember 2025-11-13 2025-11-13 0002064177 us-gaap:SubsequentEventMember us-gaap:OverAllotmentOptionMember 2025-11-13 2025-11-13 0002064177 us-gaap:CommonClassAMember us-gaap:SubsequentEventMember us-gaap:IPOMember 2025-11-13 0002064177 us-gaap:SubsequentEventMember us-gaap:IPOMember 2025-11-13 0002064177 us-gaap:PrivatePlacementMember 2025-11-13 0002064177 us-gaap:PrivatePlacementMember 2025-11-13 2025-11-13 0002064177 us-gaap:IPOMember 2025-11-13 0002064177 us-gaap:IPOMember 2025-11-13 0002064177 2023-11-14 0002064177 us-gaap:IPOMember 2025-01-13 2025-09-30 0002064177 us-gaap:IPOMember 2025-09-30 0002064177 bpacu:FundsInTheTrustAccountMember bpacu:PublicSharesMember 2025-09-30 0002064177 bpacu:FundsInTheTrustAccountMember 2025-09-30 0002064177 bpacu:SponsorMember 2025-09-30 0002064177 us-gaap:SubsequentEventMember us-gaap:PrivatePlacementMember 2025-11-13 2025-11-13 0002064177 us-gaap:SubsequentEventMember us-gaap:PrivatePlacementMember 2025-11-13 0002064177 us-gaap:CommonClassBMember us-gaap:InvestorMember 2025-02-28 2025-02-28 0002064177 us-gaap:CommonClassBMember 2025-02-28 2025-02-28 0002064177 2025-02-28 0002064177 2025-08-01 2025-08-31 0002064177 bpacu:FounderShareMember 2025-08-01 2025-08-31 0002064177 us-gaap:OverAllotmentOptionMember 2025-08-01 2025-08-31 0002064177 us-gaap:RelatedPartyMember 2025-01-13 2025-09-30 0002064177 bpacu:PromissoryNoteMember us-gaap:InvestorMember 2025-02-28 0002064177 bpacu:PromissoryNoteMember bpacu:AdministrativeSupportAgreementMember 2025-01-13 2025-09-30 0002064177 bpacu:CashUnderwritingDiscountMember 2025-01-13 2025-09-30 0002064177 bpacu:CashUnderwritingDiscountMember us-gaap:IPOMember 2025-01-13 2025-09-30 0002064177 us-gaap:CommonClassBMember 2025-08-01 2025-08-31 0002064177 srt:MaximumMember 2025-09-30 0002064177 us-gaap:CommonClassBMember 2025-01-13 2025-09-30 0002064177 us-gaap:CommonClassAMember us-gaap:SubsequentEventMember 2025-11-13 0002064177 us-gaap:SubsequentEventMember 2025-11-14 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure

Not applicable.

Item 5. Other Information.

None.

Table of Contents

Item 6. Exhibits.

The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.

Exhibit No.		Description
2.1		Agreement and Plan of Merger, dated as of May 1, 2026, by and among Blueport Acquisition Ltd, NeoCryo Inc, NeoCryo Merger Sub Ltd and SINGAUTO Inc. (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed with the SEC on May 4, 2026)
10.1		Shareholder Support Agreement, dated as of May 1, 2026, by and among Blueport Acquisition Ltd, SINGAUTO Inc. and the shareholders party thereto (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed with the SEC on May 4, 2026)
10.2		Sponsor Support Agreement, dated as of May 1, 2026, by and among Blueport Acquisition Ltd, SINGAUTO Inc. and the shareholders party thereto (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K filed with the SEC on May 4, 2026)
10.3		Form of Lock-up Agreement (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K filed with the SEC on May 4, 2026)
10.5		Form of Registration Rights Agreement (incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K filed with the SEC on May 4, 2026)
31.1*		Certification of the Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*		Certification of the Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**		Certification of the Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**		Certification of the Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*		XBRL Instance Document
101.CAL*		XBRL Taxonomy Extension Calculation Linkbase Document
101.SCH*		XBRL Taxonomy Extension Schema Document
101.DEF*		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*		XBRL Taxonomy Extension Labels Linkbase Document
101.PRE*		XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

*	Filed herewith
**	Furnished herewith

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Blueport Acquisition Ltd

May 13, 2026	By:	/s/ William Rosenstadt
		Name: William Rosenstadt
		Title: Chief Executive Officer (Principal Executive Officer)

May 13, 2026	By:	/s/ Kulwant Sandher
		Name: Kulwant Sandher
		Title: Chief Financial Officer (Principal Financial and Accounting Officer)

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