Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 100

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 100
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 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.

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

Indemnity

Our Sponsor has agreed that
it will be liable to us if and to the extent any claims by a third party (other than our independent registered public accounting firm)
for services rendered or products sold to us, or a prospective target business with which we have discussed entering into a transaction
agreement, reduce the amount of funds in the Trust Account to below (1) $10.10 per public share or (2) such lesser amount per
public share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust
assets, in each