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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Apr. 24, 2026
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation The consolidated balance sheet has been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Statements of comprehensive income, changes in equity and cash flows have not been presented because the Company has not engaged in any business or other activities except in connection with its formation.
Income Taxes	Income Taxes The Company is treated as a subchapter C corporation, and therefore, is subject to both federal and state income taxes.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

Apr. 24, 2026

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The consolidated balance sheet has been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Statements of comprehensive income, changes in equity and cash flows have not been presented because the Company has not engaged in any business or other activities except in connection with its formation.

Income Taxes

The Company is treated as a subchapter C corporation, and therefore, is subject to both federal and state income taxes.

- Definition

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

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