EGH Acquisition Corp. announced a merger deal with Hecate Energy, which will become a listed company through this Business Combination.

• EGH Acquisition Corp. announced a merger agreement with Hecate Energy, positioning Hecate to become a publicly listed company through the transaction [N1].

The company benefits from a management team with extensive experience in capital markets and strategic business development, which supports the identification and execution of attractive Business Combination opportunities in the growing energy transition sector. The announced merger with Hecate Energy provides a clear path to becoming a publicly listed company with exposure to renewable energy and sustainability themes. The company's strong liquidity position as of March 31, 2026, and its disciplined acquisition strategy may enable it to pursue value-enhancing transactions that align with market trends toward decarbonization and clean energy.

Risks include the company's dependence on successfully completing a Business Combination within the prescribed timeframe, which may be affected by market volatility, geopolitical tensions, and economic disruptions. The company faces uncertainties related to the performance and integration of any acquired business, including Hecate Energy. Geopolitical conflicts, such as those in Ukraine and the Middle East, may adversely impact the company's ability to consummate a transaction or affect the operations of the target business. Additionally, the company has limited operating history and currently holds minimal cash and cash equivalents, which may constrain its operational flexibility prior to a Business Combination.

EGH Acquisition Corp.'s competitive advantage lies in its experienced management team with a proven track record in public and private investments, capital markets expertise, and a broad network of industry contacts. This expertise enables the company to source attractive Business Combination targets in the energy transition sector and to add strategic and operational value to acquired businesses. The company's focus on high-growth, sustainability-oriented companies positions it to capitalize on emerging market opportunities in power and energy infrastructure. Additionally, the company's prior experience with similar acquisition vehicles and its structured approach to due diligence and transaction execution provide a disciplined framework that supports value creation.

• Geopolitical and Market Risks: Ongoing conflicts in Ukraine and the Middle East, along with resulting sanctions and market volatility, may adversely affect the company's ability to identify and consummate a Business Combination and impact the operations of any target business [S2].
• Business Combination Execution Risk: The company must complete a Business Combination within the defined Combination Period, and failure to do so may result in liquidation or return of capital to shareholders [S1].
• Limited Operating History and Liquidity: As a SPAC, the company has limited operating history and reported zero cash and cash equivalents as of March 31, 2025, which may limit its ability to fund operations or pursue opportunities prior to a Business Combination [S2].
• Dependence on Target Business Performance: The success of the company post-Business Combination depends on the performance and integration of the acquired business, which carries inherent operational and market risks [S1].

• EGH Acquisition Corp. is a Cayman Islands exempted company and a Special Purpose Acquisition Company (SPAC) focused on completing an initial Business Combination in the energy transition and sustainability sectors [S1].
• The company targets businesses in power and power management, clean and renewable energy, electric and autonomous mobility, energy efficiency, battery storage, environmental services, hydrogen, renewable and biofuels, waste to energy, recycling, and natural resource extraction and transportation [S1].
• EGH Acquisition Corp. aims to acquire companies at an inflection point in their lifecycle that can benefit from strategic insights, capital, and expertise to accelerate growth and unlock value [S1].
• The management team has extensive experience in public and private investments, capital markets transactions, and has a network of industry contacts, which is a competitive advantage in sourcing Business Combination targets [S1].
• The company has announced a merger deal with Hecate Energy, which will become a listed company through this Business Combination [N1].
• As of March 31, 2026, the company had current assets of $616,692 and current liabilities of $145,443, resulting in a current ratio of 4.24, indicating strong short-term liquidity [S2].
• Cash and cash equivalents were reported as zero as of March 31, 2025, with no short-term investments disclosed [S2].
• Net income for the quarter ended March 31, 2026, was $1,025,330 [S2].
• The company has 15,500,000 Class A Ordinary Shares and 5,000,000 Class B Ordinary Shares issued and outstanding as of March 20, 2026 [S1].
• The aggregate market value of the Class A Ordinary Shares as of June 30, 2025, was approximately $150 million [S1].
• The company has a defined Combination Period of 24 months from its IPO closing to consummate an initial Business Combination, currently set to May 12, 2027 [S1].
• The merger agreement with Hecate Energy includes customary representations, warranties, and covenants, with certain lock-up agreements and incentive equity plans to align interests post-closing [S1].
• The company is exposed to geopolitical risks including conflicts in Ukraine and the Middle East, which may affect its ability to consummate a Business Combination and the operations of any target business [S2].
• The company is not a well-known seasoned issuer and is classified as a smaller reporting company and non-accelerated filer [S1].
• The company’s business model involves identifying, evaluating, and completing a Business Combination with a company in the energy transition sector, leveraging its management team's expertise and capital markets experience [S1].