Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 65

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 65
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 opportunity is presented to one of our officers or directors in his or her capacity as an officer or director of
one of those other entities, such opportunity would be presented to such other entity and not to us. However, because the entities to
which our executive officers and directors owe fiduciary duties or contractual obligations are not themselves in the business of engaging
in business combinations, we do not believe that the fiduciary duties or contractual obligations of our officers or directors will materially
affect our ability to complete our initial business combination.

Certain members of our management
team are employed by either Jackson Healthcare, Jackson Investment Group or one of their respective affiliates. Our President and Chief
Executive Officer and our other officers and directors have fiduciary or contractual duties to Jackson Healthcare, Jackson Investment
Group and/or certain other companies with which they have relationships. These entities may compete with us for acquisition opportunities.
If any of these entities decide to pursue any such opportunity, we may be precluded from pursuing such opportunities. Subject to his or
her fiduciary duties under applicable law, none of the members of our management team who are also employed by our sponsor, Jackson Healthcare,
Jackson Investment Group or any of their respective affiliates have any obligation to present us with any opportunity for a potential
business combination of which they become aware. Our sponsor and directors and officers are also not prohibited from sponsoring, investing
or otherwise becoming involved with, any other blank check companies, including in connection with their initial business combinations,
prior to us completing our initial business combination. Our management team, in their capacities as directors, officers or employees
of our sponsor, Jackson Healthcare, Jackson Investment Group and/or any of their respective affiliates or in their other endeavors, may
choose or be obligated to present potential business combinations to the related entities described above, current or future entities
affiliated with or managed by our sponsor, Jackson Healthcare, Jackson Investment Group or any of their respective affiliates or third
parties, before they present or instead of presenting such opportunities to us, subject to his or her fiduciary duties under applicable
law and any other applicable fiduciary duties. Our amended and restated memorandum and articles of association provides that we renounce
our interest in any corporate opportunity offered to any director or officer unless such opportunity is expressly offered to such person
solely in his or her capacity as a director or officer of our company and it is an opportunity that we are able to complete on a reasonable
basis.

3

Initial Business Combination

The
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