EFTA Document EFTA01366409

Notes to Financial Statements NOTE I -DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS - (continued) In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per Unit in the Proposed Offering. NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation: The financial statements of the Company are presented in U.S.