DMII 10-K & 10-Q changes, risk factors and insider trading

We have neither engaged in any operations nor generated any revenues to date. Our only activities from August 23, 2024 (inception) through MarchJune 31,30, 2026 were organizational activities, those necessary to prepare for the Initial Public Offering, described below, and subsequent to the Initial Public Offering, identifying a target company for an initial business combination. We do not expect to generate any operating revenues until after the completion of our initial business combination. We generate non-operating income in the form of interest earned on cash and investments held in the trust account. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.

For the three months ended MarchJune 31,30, 2026, we had net income of $4,337,820,$4,396,456, which consists of general and administrative costs of $132,030,$112,227, offset by interest earned on cash and investments held in the trust account of $4,439,850 and a $30,000 gain from the recovery of credit losses.$4,508,683.

For the threesix months ended March,June 3130, 2025,2026, we had a net lossincome of $59,327,$8,734,276, which consists entirely of general and administrative costs.costs of $244,257, offset by interest earned on cash and investments held in the trust account of $8,948,533 and a $30,000 gain from the recovery of credit losses.

As of MarchJune 31,30, 2026 and December 31, 2025 we had cash of $347,720$174,974 and $223, respectively. Until the consummation of the Initial Public Offering, our only source of liquidity was an initial purchase of ordinary shares by the sponsor and loans from our sponsor.

We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of MarchJune 31,30, 2026. We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We have not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non-financial assets.