Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 94

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 94
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 of directors for any reason. These provisions of our amended and restated memorandum and articles of association may only be
amended by a special resolution passed by a majority of at least 90% of our ordinary shares attending and voting at a general meeting.
With respect to any other matter submitted to a vote of our shareholders, including any vote in connection with our initial business combination,
except as required by law, holders of our founder shares and holders of our public shares will vote together as a single class, with each
share entitling the holder to one vote.

Comparison of Redemption or Purchase Prices
in Connection With our Initial Business Combination and if we Fail to Complete our Initial Business Combination.

The following table compares the redemptions and
other permitted purchases of public shares that may take place in connection with the completion of our initial business combination and
if we have not completed our initial business combination by December 11, 2026.

    Redemptions
    in Connection 
    with our Initial Business 
    Combination
     
    Other
    Permitted Purchases of
 Public Shares by our 
    Affiliates
     
    Redemptions
    if we fail  to 
Complete an Initial 
    Business Combination
  
    Calculation
    of redemption price
     
    Redemptions at the time
    of our initial business combination may be made pursuant to a tender offer or in connection with a shareholder vote. The redemption
    price will be the same whether we conduct redemptions pursuant to a tender offer or in connection with a shareholder vote. In either
    case, our public shareholders may redeem their public shares for cash equal to the aggregate amount then on deposit in the Trust
    Account calculated as of two business days prior to the consummation of the initial business combination (which is initially
    anticipated to be $10.10 per share), including interest (which interest shall be net of taxes payable), divided by the number of
    then issued and outstanding public shares, subject to the limitation that no redemptions will take place if all of the redemptions
    would cause any limitations (including, but not limited to, cash requirements) agreed to in connection with the negotiation of terms
    of a proposed business combination.
     
    If we seek shareholder
    approval of our initial business combination, our Sponsor, directors, officers, advisors or any of their affiliates may purchase
    public shares or rights outside of the redemption offer in compliance with the conditions set