Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 82

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 82
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In the event we conduct redemptions
pursuant to the tender offer rules, our offer to redeem will remain open for at least 20 business days, in accordance with Rule 14e-1(a) under
the Exchange Act, and we will not be permitted to complete our initial business combination until the expiration of the tender offer
period. In addition, the tender offer will be conditioned on public shareholders not tendering more than we are permitted to redeem, as
may be contained in the agreement relating to our initial business combination. If public shareholders tender more shares than we have
offered to purchase, we will withdraw the tender offer and not complete such initial business combination.

If, however, shareholder approval
of the transaction is required by applicable law or stock exchange listing requirement, or we decide to obtain shareholder approval for
business or other reasons, we will, pursuant to our amended and restated memorandum and articles of association:

●conduct the redemptions in conjunction with a proxy solicitation
pursuant to Regulation 14A of the Exchange Act, which regulates the solicitation of proxies, and not pursuant to the tender
offer rules; and

●file proxy materials with the SEC.

We expect that a final proxy
statement would be mailed to public shareholders at least 10 days prior to the shareholder vote. However, we expect that a draft
proxy statement would be made available to such shareholders well in advance of such time, providing additional notice of redemption if
we conduct redemptions in conjunction with a proxy solicitation. Although we are not required to do so, we currently intend to comply
with the substantive and procedural requirements of Regulation 14A in connection with any shareholder vote even if we are not able
to maintain our NYSE listing or Exchange Act registration.

In the event that we seek shareholder
approval of our initial business combination, we will distribute proxy materials and, in connection therewith, provide our public shareholders
with the redemption rights described above upon completion of the initial business combination.

If we seek shareholder approval,
we will complete our initial business combination only if we obtain the approval of an ordinary resolution under Cayman Islands law, which
requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the company. In such case,
pursuant to the terms of a letter agreement entered into with us, our initial shareholders have agreed (and their permitted transferees
will agree) to vote their founder shares and any