Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 665

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 6
Chunk 665
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 and members of our management team directly and/or indirectly own our securities, and accordingly,
they may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate
our initial business combination. Our Sponsor has invested in us an aggregate of $4,975,000, comprised of the $25,000 purchase price for
the Founder Shares (or approximately $0.004 per share) and the $4,950,000 purchase price for the Private Placement Units. Accordingly,
our management team, which owns interests in our Sponsor, may be more willing to pursue a business combination with a riskier or less-established
target business than would be the case if our Sponsor had paid the same per share price for the Founder Shares as our public shareholders
paid for their public shares.

●Certain members of our management team will receive compensation upon consummation of our initial business
combination, and accordingly, they may have a conflict of interest in determining whether a particular target business is an appropriate
business with which to effectuate our initial business combination as such compensation will not be received unless we consummate such
business combination.

●In the event our Sponsor or members of our management team provide loans to us to finance transaction
costs and/or incur expenses on our behalf in connection with an initial business combination, such persons may have a conflict of interest
in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination
as such loans may not be repaid and/or such expenses may not be reimbursed unless we consummate such business combination.

●Similarly, if we agree to pay our Sponsor or a member of our management team a finder’s fee, advisory
fee, consulting fee or success fee in order to effectuate the completion of our initial business combination, such persons may have a
conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial
business combination as any such fee may not be paid unless we consummate such business combination.

35

The conflicts described above
may not be resolved in our favor.

Accordingly, as a result of
multiple business affiliations, our directors and officers have similar legal obligations relating to presenting business opportunities
meeting the above-listed criteria to multiple entities. Below is a table summarizing the entities to which our directors and officers
and certain of our affiliates currently have fiduciary duties or contractual obligations that may present a conflict of interest:

    Individual(1)