Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 530

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 4
Chunk 530
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 the date on which we complete a liquidation, merger,
share exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to exchange
their ordinary shares for cash, securities or other property. With certain limited exceptions, the Private Placement Units and the ordinary
shares underlying such units, will not be transferable, assignable or salable by our Sponsor until 30 days after the completion of
our initial business combination. Since our Sponsor and directors and officers may directly or indirectly own ordinary shares and units
and directly and/or indirectly own Founder Shares, our directors and officers 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.

●Our directors and officers may negotiate employment or consulting agreements with a target business in
connection with a particular business combination. These agreements may provide for them to receive compensation following our initial
business combination and as a result, may cause them to have conflicts of interest in determining whether to proceed with a particular
business combination.

●Our directors and officers may have a conflict of interest with respect to evaluating a particular business
combination if the retention or resignation of any such directors and officers was included by a target business as a condition to any
agreement with respect to our initial business combination.

●Our Sponsor and members of our management team directly and/or indirectly own our securities, and accordingly,
they 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. Our Sponsor has invested in us an aggregate of $4,975,000, comprised of the $25,000 purchase price for
the Founder Shares (or approximately $0.004 per share) and the $4,950,000 purchase price for the Private Placement Units. Accordingly,
our management team, which owns interests in our Sponsor, may be more willing to pursue a business combination with a riskier or less-established
target business than would be the case if our Sponsor had paid the same per share price for the Founder Shares as our public shareholders
paid for their public shares.

●Certain members of our management team will receive compensation upon consummation of our initial business
combination, and accordingly, they 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 as such compensation will not be received unless we consummate such
business combination.

●In the event our Sponsor or members