(Incorporated in the Cayman Islands)

We are a newly organized blank check company. We currently intend to concentrate our efforts on identifying companies in the cryptocurrency and blockchain technology sector, including but not limited to, exchanges, custody companies, market maker, and blockchain platforms.

Michael Auerbach is our CEO and chairman of the board. He is the Founder and Managing Member of Subversive Capital LLC (“Subversive Capital”), a private investment firm active in venture capital, public markets, and ETF sponsorship, since January 2013. Mr. Auerbach currently serves on the board of directors of Canaccord Genuity Group Inc., a global financial services firm (since August 2022), and as Executive Chairman of Lamplighter Group LTD, a UK-based corporate intelligence company. He previously served as Partner and Head of Intelligence at DGA Group from September 2022 to July 2025. Prior to that, from November 2012 until September 2022, he served as a senior executive at Albright Stonebridge Group, a global consulting firm founded by former U.S. Secretary of State Madeleine Albright and a part of Dentons Global Advisors. Mr. Auerbach has also held leadership roles in several special purpose acquisition companies. He served as Chairman of Subversive Capital Acquisition Corp. from June 2019 to January 2021 and as Chairman of Subversive Acquisition LP from January 2020 to January 2021. Mr. Auerbach served on the board of directors of Tilray Brands Inc. (NASDAQ: TLRY; TSX: TLRY), a global consumer packaged goods company, from February 2018 to May 2021.