Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 98

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 98
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 presently have, and any of
them 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 such entity. Accordingly, if any of our directors or officers
becomes aware of a business combination opportunity that is suitable for an entity to which he or she has then-current fiduciary or contractual
obligations, he or she may need to honor these fiduciary or contractual obligations to present such business combination opportunity to
such entity, or in the case of a non-compete restriction, may not present such opportunity to us at all, subject to his or her fiduciary
duties under Cayman Islands law.

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 directors or officers will materially
affect our ability to complete our initial business combination.

Potential investors should
also be aware of the following potential conflicts of interest:

●None of our directors or officers is required to commit his
or her full time to our affairs and, accordingly, may have conflicts of interest in allocating his or her time among various business
activities.

●In the course of their other business activities, our directors
and officers may become aware of investment and business opportunities that may be appropriate for presentation to us as well as the
other entities with which they are affiliated. Our management may have conflicts of interest in determining to which entity a particular
business opportunity should be presented. For a complete description of our management’s other affiliations, see “Item 10.
Directors, Executive Officers and Corporate Governance.”

●Our initial shareholders, directors and officers have agreed
to waive their redemption rights with respect to any founder shares and public shares held by them in connection with the consummation
of our initial business combination. Additionally, our initial shareholders have agreed to waive their redemption rights with respect
to their founder shares if we fail to consummate our initial business combination by December 11, 2026. However, if our initial shareholders
(or any of our directors, officers or affiliates) acquire public shares, they will be entitled to liquidating distributions from the
Trust Account with respect to such public shares if we fail to consummate our initial business combination within the prescribed time
frame. If we do not complete our initial