This is a Special Purpose Acquisition Company (SPAC) incorporated in the Cayman Islands with no operations of its own. The SPAC raised $287.5M in its January 2026 IPO, with proceeds held in a Trust Account, and has until January 9, 2028 to complete a Business Combination or return funds to shareholders and dissolve. The SPAC is co-founded by Michel Combes, a telecom and tech executive who previously led SoftBank, and Andrew Gundlach, chairman and CEO with asset management experience at Bleichroeder. The SPAC focuses on the technology, media, and telecommunications (TMT) sector, or sectors undergoing technology-driven transformation. As of February 2026, the SPAC has signed a Business Combination Agreement with Pasqal Holding, a French quantum computing company, with the transaction expected to close in the second half of 2026. The sponsor acquires Founder Shares at a nominal cost before the IPO, capturing upside if the Business Combination closes and the combined company performs well. Public shareholders who bought units at $10.00 per unit can redeem shares for approximately $10.00 plus interest if they opt out of the Business Combination, or hold for upside via warrants exercisable after closing. The SPAC argues it is differentiated by the operational and investment credentials of its co-founders and Bleichroeder's network as a source of proprietary deal flow.