Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 64

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 64
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 searches and compare qualities of considered
businesses. However, we may choose to engage a target business that does not meet these criteria or guidelines.

2

Our Acquisition Process

In evaluating a prospective
target business, we expect to conduct a thorough due diligence review which is expected to encompass, among other things, meetings with
incumbent management and employees, document reviews, inspection of facilities, as well as a review of financial, operational, legal and
other information which will be made available to us. We will also utilize our operational and capital planning experience.

We are not prohibited from
pursuing an initial business combination with a company that is affiliated with our sponsor, directors or officers, or making the acquisition
through a joint venture or other form of shared ownership with our sponsor, directors or officers. In the event we seek to complete an
initial business combination with a target that is affiliated with our sponsor, directors or officers, we, or a committee of independent
and disinterested directors, will obtain an opinion from an independent investment banking firm or another independent valuation or appraisal
firm that regularly renders fairness opinions that such an initial business combination is fair to our company from a financial point
of view. We are not required to obtain such an opinion in any other context.

Members of our management
team and sponsor group may directly and/or indirectly own our ordinary shares, rights and/or Private Placement Units, and, accordingly,
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. Further, each of our officers and directors may have a conflict of interest with respect to evaluating
a particular business combination if the retention or resignation of any such officers and directors was included by a target business
as a condition to any agreement with respect to our initial business combination.

Certain of our officers and
directors presently have, and any of our directors and officers in the future may have, additional fiduciary or contractual obligations
to other entities pursuant to which such officer or director is or will be required to present a business combination opportunity to those
entities. Accordingly, if any of our officers or directors becomes aware of a business combination opportunity which is suitable for an
entity to which he or she has then-current fiduciary or contractual obligations, he or she will honor his or her fiduciary or contractual
obligations to present such business combination opportunity to such entity, subject to his or her fiduciary duties under applicable law.
We expect that if an