Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 70

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 70
---
 financial market conditions.

We believe this network provides
our management team with a robust and consistent flow of acquisition opportunities, including opportunities where a limited group of investors
is invited to participate in the sale process. We believe that the network of contacts and relationships of our management team will provide
us with important sources of acquisition opportunities. In addition, we anticipate that target business candidates will be brought to
our attention from various unaffiliated sources, including investment market participants, private equity funds and large business enterprises
seeking to divest non-core assets or divisions.

5

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.

If any of our directors or
officers becomes aware of a business combination opportunity that falls within the line of business of any entity to which he or she has
pre-existing fiduciary or contractual obligations, including Jackson Healthcare and Jackson Investment Group, he or she may be required
to present such business combination opportunity to such entity prior to presenting such business combination opportunity to us. Our directors
and officers currently have fiduciary duties or contractual obligations that may take priority over their duties to us.

Status as a Public Company

We believe our structure will
make us an attractive business combination partner to target businesses. As an existing public company, we offer target businesses an
alternative to the traditional initial public offering through a merger, share exchange, asset acquisition, share purchase, reorganization
or similar business combination. In this situation, the owners of the target business would exchange their equity securities, shares in
the target business for our shares or for a combination of our shares and cash, allowing us to tailor the consideration to the specific
needs of the sellers. Although there are various costs and obligations associated with being a public company, we believe target businesses
will find this method a more certain and cost-effective method to becoming a public company than the typical initial public