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ARTC • CIK 0002086545
Overview We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination, involving one or more businesses or assets, which we refer to throughout this Annual Report as our initial business combination. We have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination. We currently intend to concentrate our efforts on identifying companies in the technology, art, financial services and adjacent sectors that power transformation and innovation. Our expertise lends itself well to pursuing platforms related to the technology, art and financial services sectors, but we are not required to complete our initial business combination with a business in these industries and, as a result, we may pursue a business combination outside of these industries. We expect to pursue global businesses but may also acquire a domestic company. We do not intend to acquire companies that have speculative business plans or are excessively leveraged. We believe our management team has the skills and experience to identify, evaluate and consummate a business combination and is positioned to assist businesses we acquire. However, our management team’s network and investing and operating experience do not guarantee a successful initial business combination. The members of our management team are not required to devote any significant amount of time to our business and are concurrently involved with other businesses. There is no guarantee that our current officers and directors will continue in their respective roles, or in any other role, after our initial business combination, and their expertise may only be of benefit to us until our initial business combination is completed. Past performance by our management team is not a guarantee of success with respect to any business combination we may consummate. At December 31, 2025, we had not yet commenced operations. All activity through December 31, 2025 relates to the Company’s formation, and subsequent to that date, its initial public offering, and identifying a target company for our initial business combination. Pursuant to our amended and restated memorandum and articles of association, the Company must cease operations and liquidate if it has not completed a business combination during the completion window. The registration statement for our initial public offering was declared effective on January 5, 2026. On January 7, 2026, we consummated the initial public offering of 22,000,000 units, generating gross proceeds of $220,000,000. We granted the underwriters a 45-day option to purchase up to 3,300,000 additional units solely to cover over-allotments, if any. On January 24, 2026, the underwriters fully exercised their over-allotment option, resulting in the sale on January 26, 2026 of an additional 3,300,000 units for total gross proceeds of $33,000,000, bringing the aggregate gross proceeds of the initial public offering to $253,000,000. Simultaneously with the closing of the initial public offering, we consummated the sale of 825,000 placement units at a price of $10.00 per unit in a private placement to our sponsor (530,000 placement units) and Clear Street (295,000 placement units), generating total gross proceeds of $8,250,000.…