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~~UNITED~~SECURITIES ~~STATES~~AND EXCHANGE COMMISSION

~~SECURITIES~~Washington, ~~AND~~D.C. ~~EXCHANGE COMMISSION~~ 20549

~~Washington,~~FORM ~~D.C. 20549~~ 10-Q

~~10-Q~~(Mark One)

~~(Mark~~☒ QUARTERLY ~~One~~REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

☒For ~~QUARTERLY~~the ~~REPORT~~quarterly ~~PURSUANT~~period TOended ~~SECTION~~June 1330, ~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2025

~~For the quarterly period ended March 31, 2025~~ or

or☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

☐For ~~TRANSITION~~the ~~REPORT~~transition ~~PURSUANT~~period ~~TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~from to

Commission File Number: 001-41006

INTEGRAL ACQUISITION CORPORATION 1

(Exact name of registrant as specified in its charter)

Delaware		86-2148394
(State or other jurisdiction ofincorporation or organization)		(I.R.S. EmployerIdentification No.)
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)
1330 Avenue of the Americas, 23rd FloorNew York, New York		10019
(Address of principal executive offices)		(Zip Code)

(212)209-6132

1330 Avenue of the Americas, 23rd Floor

New York, New York

10019

(Address of principal executive offices)

(Zip Code)

(~~Registrant’s telephone number, including area code~~212) 209-6132

~~Not~~(Registrant’s ~~Applicable~~telephone number, including area code)

~~(Former~~Not ~~name, former address and former fiscal year, if changed since last report)~~ Applicable

~~Securities~~(Former ~~registered~~name, ~~pursuant~~former toaddress ~~Section 12(b) of~~and ~~the~~former ~~Act:~~fiscal ~~None.~~year, if changed since last report)

~~Indicate~~Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

~~Rule 12b~~Large accelerated filer ☐ Accelerated filer ☐ Non-2accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☒

~~Large~~If ~~accelerated~~an ~~filer~~emerging ☐growth ~~Accelerated~~company, ~~filer~~indicate ☐by ~~Non-accelerated~~check ~~filer~~mark ☒if ~~Smaller~~the ~~reporting~~registrant ~~company~~has ☒elected ~~Emerging~~not ~~growth~~to ~~company~~use ☒the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~elected~~Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐

~~Rule 12b-2~~ As of September 19, 2025, there were 3,237,669 shares of Class A common stock, par value $0.0001 per share, and 1 one share of Class B common stock, par value $0.0001 per share, of the registrant issued and outstanding.

29INTEGRAL ACQUISITION CORPORATION 1

~~Table~~FORM of10-Q ~~Contents~~FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2025

~~INTEGRAL~~TABLE ~~ACQUISITION~~OF ~~CORPORATION 1~~ CONTENTS

FORM 10-Q FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025

		Page
PART I – FINANCIAL INFORMATION		1
Item 1.	Financial Statements	1
	Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024	1
	Unaudited Condensed Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024	2
	Unaudited Condensed Statements of Changes in Stockholders’ Deficit for the Three and Six Months Ended June 30, 2025 and 2024	3
	Unaudited Condensed Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024	4
	Unaudited Notes to Condensed Financial Statements	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	24
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	30
Item 4.	Controls and Procedures	30

PART II – OTHER INFORMATION		31
Item 1.	Legal Proceedings	31
Item 1A.	Risk Factors	31
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	31
Item 3.	Defaults Upon Senior Securities	32
Item 4.	Mine Safety Disclosures	32
Item 5.	Other Information	32
Item 6.	Exhibits	33

SIGNATURES		34

~~TABLE OF CONTENTS~~ i

		Page
PART I – FINANCIAL INFORMATION			1
Item 1.	Financial Statements		1
	Condensed Balance Sheets as of March 31, 2025 (Unaudited) and December 31, 2024		1
	Unaudited Condensed Statements of Operations for the Three Months Ended March 31, 2025 and 2024		2
	Unaudited Condensed Statements of Changes in Stockholders’ Deficit for the Three Months Ended March 31, 2025 and 2024		3
	Unaudited Condensed Statements of Cash Flows for the Three Months Ended March 31, 2025 and 2024		4
	Unaudited Notes to Condensed Financial Statements		5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		23
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		30
Item 4.	Controls and Procedures		30
PART II – OTHER INFORMATION			32
Item 1.	Legal Proceedings		32
Item 1A.	Risk Factors		32
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds		33
Item 3.	Defaults Upon Senior Securities		34
Item 4.	Mine Safety Disclosures		34
Item 5.	Other Information		34
Item 6.	Exhibits		35
SIGNATURES			36

Unless otherwise stated in this Report, or the context otherwise requires, references to:

i● “2021 Annual Report” are to our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as filed with the SEC on April 1, 2022;

~~Table~~● of“2022 ~~Contents~~Annual Report” are to our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as filed with the SEC on March 31, 2023;

~~Unless~~● ~~otherwise~~“2023 ~~stated~~Annual inReport” ~~this~~are to our Annual Report, oron Form 10-K for the ~~context~~fiscal ~~otherwise~~year ~~requires~~ended December 31, ~~references~~2023, ~~to:~~as filed with the SEC on April 12, 2024;

•● “~~2021~~2023 ~~Annual~~Promissory ~~Report~~Note” are to ~~our~~a ~~Annual~~that ~~Report~~certain onunsecured ~~Form~~promissory ~~10-K~~note ~~for~~in the ~~fiscal~~principal ~~year~~amount ~~ended~~of ~~December~~up ~~31,~~to ~~2021~~$1,500,000 asissued ~~filed~~to ~~with~~our ~~the~~Sponsor ~~SEC~~ on ~~April~~July 110, ~~2022~~2023;

•● “~~2022~~2024 Annual Report” are to our Annual Report on Form 10-K for the fiscal year ended December 31, ~~2022~~2024, as filed with the SEC on ~~March~~February 3119, ~~2023~~2025;

•● “~~2023~~2024 ~~Annual~~SPAC ~~Report~~Rules” are to ~~our~~the ~~Annual~~rules ~~Report~~and onregulations ~~Form~~for ~~10-K~~SPACs ~~for~~adopted by the ~~fiscal~~SEC ~~year~~on ~~ended~~January ~~December 31~~24, ~~2023~~2024, aswhich ~~filed~~became ~~with~~effective ~~the SEC~~ on ~~April~~July 121, 2024;

•● “~~2023~~2024 Promissory Note” are to a that certain unsecured promissory note in the principal amount of up to $13,~~500~~000,000 issued to our Sponsor on ~~July~~September 1012, ~~2023~~2024;

•● “~~2024~~Amended ~~Annual~~and ~~Report~~Restated Charter” are to our ~~Annual~~Amended ~~Report~~and onRestated ~~Form~~Certificate ~~10-K~~of ~~for the fiscal year ended December 31~~Incorporation, ~~2024,~~ as ~~filed~~amended ~~with~~and ~~the~~currently ~~SEC~~in ~~on February 19, 2025~~effect;

•● “~~2024~~Anchor ~~SPAC Rules~~Investors” are to ~~the~~certain ~~rules~~qualified ~~and~~institutional ~~regulations~~buyers ~~for~~or ~~SPACs~~institutional ~~adopted~~accredited byinvestors ~~the~~(none ~~SEC~~of onwhich ~~January~~are 24affiliated with any member of our Management Team, ~~2024~~our Sponsor (as defined below) or any other Anchor Investor) that purchased an aggregate of approximately $60.8 million of Units (as defined below) in our Initial Public Offering (as defined below), ~~which~~and became ~~effective~~a onmember ~~July~~of 1,our ~~2024~~Sponsor at the closing of our Initial Public Offering;

•● “~~2024 Promissory Note~~ASC” are to ~~a that certain unsecured promissory note in~~ the ~~principal~~FASB ~~amount~~(as ofdefined upbelow) toAccounting ~~$3,000,000~~Standards ~~issued to our Sponsor on September 12, 2024~~Codification;

•● “~~Amended~~ASC ~~and Restated Charter~~260” are to ~~our~~FASB ~~Amended~~ASC ~~and~~Topic ~~Restated Certificate of Incorporation~~260, as“Earnings ~~amended~~Per ~~and currently in effect~~Share”;

•● “~~Anchor~~ASC ~~Investors~~280” are to ~~certain~~FASB ~~qualified~~ASC ~~institutional~~Topic ~~buyers or institutional accredited investors (none of which are affiliated with any member of our Management Team~~280, ~~our~~“Segment Sponsor (as defined below) or any other Anchor Investor) that purchased an aggregate of approximately $60.8 million of Units (as defined below) in our Initial Public Offering (as defined below), and became a member of our Sponsor at the closing of our Initial Public OfferingReporting”;

•● “ASC 405” are to ~~the~~ FASB ~~(as~~ASC ~~defined~~Topic ~~below)~~405, ~~Accounting Standards Codification~~“Liabilities”;

•● “ASC ~~260~~480” are to FASB ASC Topic ~~260~~480, “~~Earnings~~Distinguishing ~~Per~~Liabilities ~~Share~~from Equity”;

•● “ASC ~~280~~740” are to FASB ASC Topic ~~280~~740, “~~Segment~~Income ~~Reporting~~Taxes”;

•● “ASC ~~405~~815” are to FASB ASC Topic ~~405~~815, “~~Liabilities~~Derivatives and Hedging”;

•● “ASC ~~480~~820” are to FASB ASC Topic ~~480~~820, “~~Distinguishing~~Fair ~~Liabilities~~Value ~~from~~Measurements ~~Equity~~and Disclosures”;

~~• “ASC 740” are to FASB ASC Topic 740, “Income Taxes”;~~ii

•● “~~ASC 815~~ASU” are to the FASB ~~ASC~~Accounting ~~Topic~~Standards ~~815, “Derivatives and Hedging”~~Update;

•● “~~ASC~~ASU ~~820~~2014-15” are to FASB ~~ASC~~ASU Topic ~~820~~2014-15, “~~Fair~~Disclosures ~~Value~~of ~~Measurements~~Uncertainties ~~and~~about ~~Disclosures~~an Entity’s Ability to Continue as a Going Concern”;

ii● “ASU 2020-06” are to FASB ASU Topic 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity”;

~~Table~~● of“ASU ~~Contents~~2023-07” are to FASB ASU Topic 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”;

•● “ASU 2023-09” are to ~~the~~ FASB ~~Accounting~~ASU ~~Standards~~Topic ~~Update~~2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures;

•● “~~ASU~~Audit ~~2014-15~~Committee” are to ~~FASB~~the ~~ASU~~audit ~~Topic~~committee ~~2014-15, “Disclosures~~ of ~~Uncertainties~~our ~~about~~Board anof ~~Entity’s~~Directors ~~Ability to Continue~~ (as adefined ~~Going Concern”~~below);

•● “~~ASU~~Board ~~2020-06~~of Directors” ~~are~~or ~~to FASB ASU Topic 2020-06,~~ “~~Debt—Debt~~Board” ~~with~~are ~~Conversion~~to ~~and~~our ~~Other~~board ~~Options~~of ~~(Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity”~~directors;

•● “~~ASU~~Business ~~2023-07~~Combination” are to ~~FASB~~a ~~ASU~~merger, ~~Topic~~capital ~~2023-07~~stock exchange, ~~“Segment~~asset ~~Reporting~~acquisition, ~~(Topic~~stock ~~280):~~purchase, ~~Improvements~~reorganization toor ~~Reportable~~similar ~~Segment~~business ~~Disclosures”~~combination with one or more businesses;

•● “~~ASU 2023-09~~Cartesian” are to ~~FASB~~Cartesian ~~ASU~~Capital ~~Topic 2023-09~~Group, ~~“Income Taxes (Topic 740): Improvements to Income Tax Disclosures~~LLC;

•● “~~Audit~~Cartesian ~~Committee~~Escrow Parties” are to ~~the~~Cartesian ~~audit~~and ~~committee~~Flybondi, ~~of our Board of Directors (as defined below)~~together;

•● “~~Board~~Charter ofAmendment ~~Directors~~Proposals” ~~or “Board”~~ are to ~~our~~the ~~board~~Founder ofShare ~~directors~~Amendment Proposal (as defined below) and the Second Extension Amendment Proposal (as defined below);

•● “~~Business~~Class ~~Combination~~A Common Stock” are to ashares ~~merger,~~of ~~capital~~our ~~stock~~Class ~~exchange,~~A ~~asset~~common ~~acquisition,~~ stock ~~purchase~~, ~~reorganization~~par orvalue ~~similar~~$0.0001 ~~Business~~per ~~Combination with one or more businesses~~share;

•● “~~Carnegie~~Class ~~Park~~B Common Stock” are to ~~Carnegie~~shares ~~Park~~of ~~Capital~~our Class B common stock, ~~LLC~~par ~~(and/or~~value ~~its~~$0.0001 ~~affiliates)~~per share;

•● “~~Cartesian~~Cohen & Company” are to ~~Cartesian~~Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC (f/k/a J.V.B. Financial Group, LLC);

•● “~~Cartesian~~Combination ~~Escrow Parties~~Period” are to ~~Cartesian~~the ~~and~~period, ~~Flybondi~~from the closing of the Initial Public Offering to November 5, ~~together~~2025 (or such earlier date as determined by the Board) as extended by the Third Extension (as defined below), that we have to consummate an initial Business Combination; provided that the Combination Period may be further extended pursuant to an amendment to the Amended and Restated Charter and consistent with applicable laws and regulations;

•● “~~Charter~~Common ~~Amendment Proposals~~Stock” are to the ~~Founder~~Class ~~Share~~A ~~Amendment~~Common ~~Proposal~~Stock ~~(as defined below)~~ and the ~~Second~~Class ~~Extension~~B ~~Amendment~~Common ~~Proposal~~Stock, ~~(as defined below)~~together;

•● “~~Class~~Company,” A“our ~~Common~~Company,” ~~Stock~~“we” or “us” are to ~~shares~~Integral ofAcquisition ~~our~~Corporation ~~Class A common stock~~1, ~~par~~a ~~value~~Delaware ~~$0.0001 per share~~corporation;

•● “~~Class~~Continental” Bare ~~Common~~to Continental Stock” ~~are~~Transfer to& ~~shares~~Trust Company, trustee of our ~~Class~~Trust BAccount ~~common~~and ~~stock,~~warrant ~~par~~agent ~~value~~of ~~$0.0001~~our ~~per~~Public ~~share~~Warrants (as defined below);

•● “~~Cohen & Company~~DGCL” are to ~~Cohen~~the &Delaware ~~Company~~General ~~Capital~~Corporation ~~Markets, a division of J.V.B. (as defined below)~~Law;

• “Combination Period” are to the period, from the closing of the Initial Public Offering to November 5, 2025 (or such earlier date as determined by the Board) as extended by the Third Extension (as defined below), that we have to consummate an initial Business Combination; provided that the Combination Period may be further extended pursuant to an amendment to the Amended and Restated Charter and consistent with applicable laws and regulations;iii

•● “~~Common~~DWAC ~~Stock~~System” are to the ~~Class~~Depository ATrust ~~Common~~Company’s ~~Stock~~Deposit/Withdrawal ~~and~~At ~~the~~Custodian ~~Class B Common Stock, together~~System;

•● “~~Company,~~Escrow Amount” ~~“our~~are ~~Company,”~~to ~~“we”~~an oraggregate ~~“us”~~amount ~~are~~of $900,000 to ~~Integral~~be ~~Acquisition~~put ~~Corporation~~into 1,escrow aby ~~Delaware~~the ~~corporation~~Cartesian Parties on or before December 15, 2023;

•● “~~Continental~~Escrow Agreement” are to ~~Continental~~the ~~Stock~~escrow ~~Transfer~~agreement, &dated ~~Trust~~December ~~Company~~13, ~~trustee~~2023, ofwe ~~our~~entered ~~Trust~~into ~~Account~~with ~~and~~the ~~warrant~~Cartesian ~~agent of our Public Warrants (as defined below)~~Parties;

•● “~~Crescent~~Exchange ~~Park~~Act” are to ~~Crescent Park Management, L.P. as~~ the ~~investment~~Securities ~~advisor~~Exchange toAct ~~Crescent~~of ~~Park Master Fund~~1934, ~~L.P.,~~as ~~Crescent Park FOF Partners, L.P. and Crescent Park Global Equity Master Fund, L.P. (and/or their affiliates)~~amended;

•● “~~DGCL~~Excise Tax” are to the ~~Delaware~~U.S. ~~General~~federal ~~Corporation~~1% ~~Law~~Excise Tax on certain repurchases of stock by publicly traded U.S. domestic corporations and certain U.S. domestic subsidiaries of publicly traded foreign corporations occurring on or after January 1, 2023 as provided for by the IR Act (as defined below);

~~iii~~● “Extensions” are to the First Extension, Second Extension and Third Extension, collectively;

~~Table~~● of“Extension ~~Contents~~Promissory Notes” are to the First Extension Promissory Note (as defined below), the Second Extension Promissory Note (as defined below) and the Third Extension Promissory Note (as defined below), collectively;

•● “~~DWAC System~~FASB” are to the ~~Depository~~Financial ~~Trust~~Accounting ~~Company’s~~Standards ~~Deposit/Withdrawal At Custodian System~~Board;

•● “~~Escrow~~FB ~~Amount~~Parent” are to anFB ~~aggregate~~Parent ~~amount of $900~~Limited,~~000~~ toa belimited ~~put~~company ~~into~~incorporated ~~escrow~~under by the ~~Cartesian~~laws ~~Parties~~of onEngland orand ~~before December 15, 2023~~Wales;

•● “~~Escrow~~FB ~~Agreement~~Parent Holdings” are to ~~the~~Flybondi ~~escrow~~Holdings ~~agreement~~plc, ~~dated~~a ~~December~~public ~~13,~~limited ~~2023,~~company weincorporated ~~entered~~under ~~into~~the ~~with~~laws ~~the~~of ~~Cartesian~~England ~~Parties~~and Wales;

•● “~~Exchange Act~~Flybondi” are to ~~the~~Flybondi ~~Securities~~Limited, ~~Exchange~~a ~~Act~~limited company incorporated under the laws of ~~1934,~~England asand ~~amended~~Wales;

•● “~~Excise~~Flybondi ~~Tax~~Business Combination” are to the ~~U.S.~~transactions ~~federal~~contemplated ~~1% Excise Tax on certain repurchases of stock~~ by ~~publicly~~the ~~traded~~Flybondi ~~U.S.~~Business ~~domestic~~Combination ~~corporations~~Agreement ~~and certain U.S. domestic subsidiaries of publicly traded foreign corporations occurring on or after January 1, 2023 as provided for by the IR Act~~ (as defined below);

•● “~~Extensions~~Flybondi Business Combination Agreement” are to the ~~First~~Business ~~Extension~~Combination Agreement, ~~Second~~dated ~~Extension~~as of October 19, 2023, by and ~~Third~~among ~~Extension~~us, ~~collectively~~Flybondi, FB Parent Holdings, Merger Sub (as defined below) and the Sellers (as defined below), as it may be amended, supplemented, or otherwise modified from time to time, and as assigned under the Novation Agreement (as defined below);

•● “~~Extension~~Flybondi ~~Promissory~~Registration ~~Notes~~Statement” are to the ~~First~~Registration ~~Extension~~Statement ~~Promissory~~on ~~Note~~Form ~~(as~~F-4, ~~defined~~which ~~below)~~includes a proxy statement/prospectus prepared by us, ~~the~~Flybondi ~~Second~~and ~~Extension~~FB ~~Promissory~~Parent, ~~Note~~initially ~~(as~~filed ~~defined~~by ~~below)~~FP ~~and~~Parent with the ~~Third~~SEC ~~Extension~~on ~~Promissory~~January ~~Note~~23, ~~(as~~2025, ~~defined~~in ~~below),~~connection ~~collectively~~with the Flybondi Business Combination;

•● “~~FASB~~First Extension” are to the ~~Financial~~extension ~~Accounting~~of ~~Standards~~the date by which we must consummate our initial Business Combination from May 5, 2023 to November 3, 2023 (or such earlier date as determined by the Board), as approved by the stockholders at the First Special Meeting (as defined below);

•● “FBFirst ~~Parent~~Extension Amendment Proposal” are to FBthe ~~Parent~~proposal ~~Limited,~~at athe ~~limited~~First ~~company~~Special ~~incorporated~~Meeting ~~under~~to ~~the~~approve ~~laws~~an ofamendment ~~England~~to the Amended and ~~Wales~~Restated Charter to extend the date by which we must consummate our initial Business Combination from May 5, 2023 to November 3, 2023 (or such earlier date as determined by the Board);

•● “FBFirst ~~Parent~~Extension ~~Holdings~~Promissory Note” are to ~~Flybondi~~that ~~Holdings~~certain ~~plc~~unsecured promissory note in the principal amount of up to $630,000 aissued ~~public~~on ~~limited~~May ~~company~~8, ~~incorporated~~2023 ~~under~~to the ~~laws~~Sponsor ofin ~~England~~connection ~~and~~with ~~Wales~~the First Extension;

~~• “Flybondi” are to Flybondi Limited, a limited company incorporated under the laws of England and Wales;~~iv

•● “~~Flybondi~~First ~~Business~~Special ~~Combination~~Meeting” are to the ~~transactions~~special ~~contemplated~~meeting byof ~~the~~our ~~Flybondi~~stockholders ~~Business~~held ~~Combination~~on ~~Agreement~~May ~~(as~~3, ~~defined below)~~2023;

•● “~~Flybondi Business Combination Agreement~~FINRA” are to the ~~Business~~Financial ~~Combination~~Industry ~~Agreement,~~Regulatory dated as of October 19, 2023, by and among us, Flybondi, FB Parent Holdings, Merger Sub (as defined below) and the Sellers (as defined below), as it may be amended, supplemented, or otherwise modified from time to time, and as assigned under the Novation Agreement (as defined below)Authority;

•● “~~Flybondi~~Founder ~~Registration~~Share ~~Statement~~Conversion” are to the ~~Registration~~2,874,999 ~~Statement~~shares onof ~~Form~~Class ~~F-4,~~A ~~which~~Common ~~includes~~Stock a(consisting ~~proxy~~of ~~statement/prospectus~~2,824,999 ~~prepared~~shares byto ~~us,~~our ~~Flybondi~~Sponsor and FB50,000 ~~Parent~~shares to an Anchor Investor) issued on November 3, ~~initially~~2023, ~~filed~~following the approval of the Founder Share Amendment Proposal by FPour ~~Parent~~stockholders ~~with~~at the ~~SEC~~Second onSpecial ~~January~~Meeting ~~23,~~(as ~~2025~~defined below), inupon ~~connection~~the ~~with~~conversion of an equal number of shares of Class B Common Stock held by the ~~Flybondi~~Sponsor ~~Business~~and ~~Combination~~such Anchor Investor, respectively, as Founder Shares;

•● “~~First~~Founder ~~Extension~~Shares” are to the ~~extension~~shares of ~~the~~Class ~~date~~B byCommon ~~which~~Stock weinitially ~~must~~purchased ~~consummate~~by our ~~initial~~Sponsor in the Private Placement (as defined below) and the shares of Class A Common Stock that (i) will be issued upon the automatic conversion of the shares of Class B Common Stock at the time of our Business Combination ~~from~~as ~~May~~described 5,herein ~~2023~~(for tothe ~~November~~avoidance 3of doubt, ~~2023~~such Class A Common Stock will not be “Public Shares”) and (orii) ~~such~~were ~~earlier~~issued ~~date~~in asconnection ~~determined~~with bythe Founder Share Conversion upon the ~~Board),~~conversion asof ~~approved~~an equal number of shares of Class B Common Stock held by the ~~stockholders~~Sponsor atand ~~the~~a ~~First~~certain ~~Special~~Anchor ~~Meeting~~Investor (as ~~defined~~Founder ~~below)~~Shares;

•● “~~First~~Founder ~~Extension~~Share Amendment Proposal” are to the proposal at the ~~First~~Second Special Meeting to approve an amendment to the Amended and Restated Charter to ~~extend~~grant ~~the~~a ~~date~~holder byof ~~which~~shares weof ~~must~~Class ~~consummate~~B ~~our~~Common ~~initial~~Stock ~~Business~~the ~~Combination~~right ~~from~~to ~~May~~convert 5,such ~~2023~~shares tointo ~~November~~shares 3,of ~~2023~~Class ~~(or~~A ~~such~~Common ~~earlier~~Stock ~~date~~on asa ~~determined~~one-for-one bybasis prior to the ~~Board)~~closing of a Business Combination;

•● “~~First Extension Promissory Note~~IFRS” are to ~~that certain unsecured promissory note in~~ the ~~principal~~International ~~amount~~Financial ofReporting ~~up to $630~~Standards,~~000~~ as issued onby ~~May 8, 2023 to~~ the ~~Sponsor~~International inAccounting ~~connection~~Standards ~~with the First Extension~~Board;

•● “~~First~~Initial ~~Special~~Public ~~Meeting~~Offering” or “IPO” are to the ~~special~~initial ~~meeting~~public ofoffering ~~our~~that ~~stockholders~~we ~~held~~consummated on ~~May~~November 35, ~~2023~~2021;

•● “~~FINRA~~Initial Stockholders” are to ~~the~~holders ~~Financial~~of ~~Industry~~our ~~Regulatory~~Founder ~~Authority~~Shares prior to our Initial Public Offering;

iv● “Investment Company Act” are to the Investment Company Act of 1940, as amended;

~~Table~~● “IPO Promissory Note” are to that certain unsecured promissory note in the principal amount of ~~Contents~~up to $300,000 issued to our Sponsor on February 16, 2021;

•● “~~Founder~~IPO ~~Share~~Registration ~~Conversion~~Statement” are to the ~~2,874,999~~Registration ~~shares~~Statement ofon ~~Class~~Form AS-1 ~~Common~~initially ~~Stock~~filed ~~(consisting~~with ofthe ~~2,824,999~~SEC ~~shares to our Sponsor and 50,000 shares to an Anchor Investor) issued~~ on ~~November~~June 314, ~~2023~~2021, ~~following the approval of the Founder Share Amendment Proposal by our stockholders at the Second Special Meeting (~~as ~~defined below)~~amended, ~~upon~~and ~~the~~declared ~~conversion~~effective ofon anNovember ~~equal number of shares of Class B Common Stock held by the Sponsor and such Anchor Investor~~2, ~~respectively,~~2021 as(File ~~Founder~~No. ~~Shares~~333-257058);

•● “~~Founder~~IR ~~Shares~~Act” are to the ~~shares~~Inflation ofReduction ~~Class~~Act ~~B Common Stock initially purchased by our Sponsor in the Private Placement (as defined below) and the shares~~ of Class A Common Stock that (i) will be issued upon the automatic conversion of the shares of Class B Common Stock at the time of our Business Combination as described herein (for the avoidance of doubt, such Class A Common Stock will not be “Public Shares”) and (ii) were issued in connection with the Founder Share Conversion upon the conversion of an equal number of shares of Class B Common Stock held by the Sponsor and a certain Anchor Investor as Founder Shares2022;

•● “~~Founder~~JOBS ~~Share Amendment Proposal~~Act” are to the ~~proposal~~Jumpstart atOur ~~the~~Business ~~Second~~Startups ~~Special~~Act ~~Meeting to approve an amendment to the Amended and Restated Charter to grant a holder~~ of ~~shares of Class B Common Stock the right to convert such shares into shares of Class A Common Stock on a one-for-one basis prior to the closing of a Business Combination~~2012;

•● “~~IFRS~~Joining Sellers” are to other holders of Flybondi’s outstanding shares and/or options that join the ~~International~~Flybondi ~~Financial~~Business ~~Reporting~~Combination ~~Standards,~~Agreement by delivering a Seller Joinder (as ~~issued~~defined bybelow) after the ~~International~~date ~~Accounting~~of ~~Standards~~the ~~Board~~Flybondi Business Combination Agreement;

•● “~~Initial~~Letter ~~Public Offering~~Agreement” ~~or “IPO”~~ are to the ~~initial~~letter ~~public~~agreement, ~~offering~~dated ~~that~~on November 2, 2021, we ~~consummated~~entered onwith ~~November~~our 5Sponsor, ~~2021~~officers and directors;

•● “~~Initial Stockholders~~Management” ~~are~~or ~~to holders of~~ our ~~Founder~~“Management ~~Shares~~Team” ~~prior~~are to our ~~Initial~~executive ~~Public~~officers ~~Offering~~and directors;

•● “~~Investment~~March ~~Company~~2025 ~~Act~~Special Meeting” are to the ~~Investment~~special ~~Company~~meeting ~~Act~~ of ~~1940,~~our asstockholders ~~amended~~held on March 28, 2025;

~~• “IPO Promissory Note” are to that certain unsecured promissory note in the principal amount of up to $300,000 issued to our Sponsor on February 16, 2021;~~v

•● “~~IPO~~Market ~~Registration~~Value ~~Statement~~Standard” are to ~~the~~Nasdaq ~~Registration~~Listing ~~Statement~~Rule ~~on Form S-1 initially filed with the SEC on June 14, 2021, as amended, and declared effective on November~~ 5450(b)(2~~, 2021~~ )(~~File No. 333-257058~~A);

•● “IRMerger ~~Act~~Sub” are to ~~the~~Gaucho ~~Inflation~~MS, ~~Reduction~~Inc., ~~Act~~a Delaware corporation and a direct, wholly-owned subsidiary of ~~2022~~FB Parent;

•● “~~JOBS~~Minimum ~~Act~~Total Holders Rule” are to ~~the~~Nasdaq ~~Jumpstart~~Listing ~~Our~~Rule ~~Business Startups Act of 2012~~5450(a)(2);

•● “~~Joining~~Mutual ~~Sellers~~Termination Consent” are to ~~other~~the ~~holders~~mutual ofwritten ~~Flybondi’s~~consent, ~~outstanding~~dated ~~shares~~as ~~and/or~~of ~~options~~June ~~that~~4, ~~join~~2025, ~~the Flybondi Business Combination Agreement~~ by ~~delivering~~and abetween ~~Seller Joinder (as defined below) after~~ the ~~date~~Company ofand ~~the~~ Flybondi ~~Business Combination Agreement~~;

•● “~~J.V.B.~~MVLS” are to ~~J.V.B.~~the ~~Financial~~Market ~~Group,~~Value ~~one~~ of ~~our~~Listing ~~Anchor Investors~~Securities;

•● “~~Letter Agreement~~Nasdaq” are to ~~the~~The ~~letter~~Nasdaq ~~agreement,~~Stock ~~dated~~Market ~~on November 2, 2021, we entered with our Sponsor, officers and directors~~LLC;

•● “~~Management”~~Nasdaq or36 ~~our~~Month ~~“Management Team~~Requirement” are to ~~our~~the ~~executive~~Nasdaq ~~officers~~Listing ~~and~~Rule ~~directors~~IM-5101-2, which requires that a SPAC must complete one or more Business Combinations within 36 months following the effectiveness of its initial public offering registration statement;

v● “Nasdaq Staff” are to the Listing Qualifications Department of Nasdaq;

~~Table~~● “Novation Agreement” are to the Assignment, Novation and Amendment Agreement, dated as of ~~Contents~~July 2, 2024, that we entered into with FB Parent, FB Parent Holdings, Merger Sub, Flybondi and the Sellers;

•● “~~Market~~NTA ~~Value~~Requirement ~~Standard~~Amendment Proposal” ~~are~~means the proposal approved by the Company’s stockholders at the March 2025 Special Meeting, to ~~Nasdaq~~amend ~~Listing~~the ~~Rule~~Amended ~~5450~~and Restated Charter to eliminate (bi) the limitation that the Company shall not redeem Public Shares to the extent that such redemption would result in the Company’s failure to have net tangible assets of at least $5,000,001, upon consummation of the Company’s initial Business Combination, and (2ii)~~(A)~~ the requirement that the Company shall not consummate an initial Business Combination unless such redemption limitation is not exceeded;

•● “~~Merger Sub~~PCAOB” are to ~~Gaucho~~the ~~MS,~~Public ~~Inc.,~~Company aAccounting ~~Delaware~~Oversight ~~corporation~~Board ~~and~~(United ~~a direct, wholly-owned subsidiary of FB Parent~~States);

•● “~~Minimum~~Private ~~Total Holders Rule~~Placement” are to ~~Nasdaq~~the ~~Listing~~private ~~Rule~~placement ~~5450~~of Private Placement Warrants (aas defined below)~~(2)~~ that occurred simultaneously with the closing of our Initial Public Offering;

•● “~~MVLS~~Private Placement Warrants” are to the ~~Market~~warrants ~~Value~~issued ofto ~~Listing~~our ~~Securities~~Sponsor in the Private Placement;

•● “~~Nasdaq~~Public Shares” are to ~~The~~the ~~Nasdaq~~shares of Class A Common Stock ~~Market~~sold ~~LLC~~as part of the Units in our Initial Public Offering (whether they were purchased in our Initial Public Offering or thereafter in the open market);

•● “~~Nasdaq~~Public ~~36 Month Requirement~~Stockholders” are to the ~~Nasdaq~~holders ~~Listing~~of ~~Rule~~our ~~IM-5101-2~~Public Shares, ~~which~~including ~~requires~~our ~~that~~Initial aStockholders ~~SPAC~~and ~~must~~Management ~~complete~~Team ~~one~~to the extent our Initial Stockholders and/or ~~more~~members ~~Business~~of ~~Combinations~~our ~~within~~Management 36Team ~~months~~purchase ~~following~~Public ~~the~~Shares, ~~effectiveness~~provided, that each Initial Stockholders’ and member of ~~its~~our ~~initial~~Management ~~public~~Team’s ~~offering~~status ~~registration~~as ~~statement~~a “Public Stockholder” will only exist with respect to such Public Shares;

•● “~~Nasdaq~~Public ~~Staff~~Warrants” are to the ~~Listing~~redeemable ~~Qualifications~~warrants ~~Department~~sold as part of ~~Nasdaq~~the Units in our Initial Public Offering (whether they were subscribed for in our Initial Public Offering or purchased in the open market);

•● “~~Novation~~Registration Rights Agreement” are to the ~~Assignment,~~Registration ~~Novation~~Rights ~~and Amendment~~ Agreement, dated asNovember ~~July~~ 2, ~~2024~~2021, which we entered into with FBthe ~~Parent,~~Sponsor ~~FB Parent Holdings, Merger Sub, Flybondi~~ and the ~~Sellers~~holders party thereto;

~~• “PCAOB” are to the Public Company Accounting Oversight Board (United States);~~vi

•● “~~Private Placement~~Report” are to ~~the~~this ~~private~~Quarterly ~~placement~~Report ofon ~~Private~~Form ~~Placement~~10-Q ~~Warrants~~for ~~(as defined below) that occurred simultaneously with~~ the ~~closing~~quarterly ofperiod ~~our~~ended ~~Initial~~June ~~Public~~30, ~~Offering~~2025;

•● “~~Private~~Sarbanes-Oxley ~~Placement Warrants~~Act” are to the ~~warrants~~Sarbanes-Oxley ~~issued~~Act toof ~~our Sponsor in the Private Placement~~2002;

•● “~~Public Shares~~SEC” are to the ~~shares~~U.S. ofSecurities ~~Class~~and AExchange ~~Common Stock sold as part of the Units in our Initial Public Offering (whether they were purchased in our Initial Public Offering or thereafter in the open market)~~Commission;

•● “~~Public~~Second ~~Stockholders~~Extension” are to the ~~holders~~extension of ~~our~~the ~~Public~~date ~~Shares,~~by ~~including~~which ~~our~~we ~~Initial~~must ~~Stockholders~~consummate ~~and Management Team to the extent~~ our ~~Initial~~initial ~~Stockholders~~Business ~~and/or~~Combination ~~members~~from ofNovember ~~our~~3, ~~Management~~2023 ~~Team~~to ~~purchase~~November ~~Public Shares~~5, ~~provided,~~2024 ~~that~~(or ~~each~~such ~~initial~~earlier ~~stockholder’s~~date ~~and~~as ~~member~~determined ofby ~~our~~the ~~Management~~Board ~~Team’s~~of ~~status~~Directors), as aapproved ~~“Public~~by ~~Stockholder”~~our ~~will~~stockholders ~~only~~at ~~exist~~the ~~with~~Second ~~respect~~Special ~~to such Public Shares~~Meeting;

•● “~~Public~~Second ~~Warrants~~Extension Amendment Proposal” are to a proposal at the ~~redeemable~~Second ~~warrants~~Special ~~sold~~Meeting asto ~~part~~approve ofan amendment to the ~~Units~~Amended inand ~~our~~Restated ~~Initial~~Charter ~~Public~~to ~~Offering~~extend ~~(whether~~the ~~they~~date ~~were~~by ~~subscribed~~which ~~for~~we inmust ~~our~~consummate ~~Initial~~its ~~Public~~initial ~~Offering~~Business Combination from November 3, 2023 to November 5, 2024 (or ~~purchased~~such inearlier ~~the~~date ~~open~~as ~~market~~determined by the Board);

•● “~~Registration~~Second ~~Rights~~Extension ~~Agreement~~Promissory Note” are to that certain unsecured promissory note in the ~~Registration~~principal ~~Rights~~amount ~~Agreement,~~of ~~dated~~up ~~November~~to 2$359,503 ~~2021,~~issued ~~which~~on weNovember ~~entered~~8, ~~into~~2023 ~~with~~to the Sponsor ~~and~~in ~~the~~connection ~~holders~~with ~~party~~the ~~thereto~~Second Extension;

•● “~~Report~~Second Special Meeting” are to ~~this~~the ~~Annual~~special ~~Report~~meeting onin ~~Form~~lieu ~~10-K~~of ~~for~~an ~~the~~annual ~~fiscal~~meeting ~~year~~of ~~ended~~our ~~December~~stockholders 31held on November 2, ~~2024~~2023;

•● “~~Sarbanes-Oxley~~Securities Act” are to the ~~Sarbanes-Oxley~~Securities Act of ~~2002~~1933, as amended;

•● “~~SEC~~Seller Joinder” are to ~~the~~a ~~U.S.~~joinder ~~Securities~~agreement executed by a Joining Seller and ~~Exchange~~delivered ~~Commission~~to us, FB Parent and Flybondi after the date of the Flybondi Business Combination Agreement;

•● “~~Second Extension~~Sellers” are to the ~~extension~~Joining ofSellers ~~the~~and ~~date by which we must consummate our initial Business Combination from November 3, 2023 to November 5, 2024 (or such earlier date as determined by~~ the ~~Board~~Signing ~~of Directors), as approved by our stockholders at the Second Special Meeting~~Sellers;

•● “~~Second~~Services ~~Extension Amendment Proposal~~Agreement” are to ~~a proposal at~~ the ~~Second~~Services ~~Special~~Agreement, ~~Meeting~~dated ~~to approve an amendment to the Amended and Restated Charter to extend the date by which we must consummate its initial Business Combination from~~ November 32, ~~2023 to November 5~~2021, ~~2024~~we ~~(or~~entered ~~such~~into ~~earlier~~with ~~date~~our ~~as determined by the Board)~~Sponsor;

vi● “Signing Sellers” are to certain holders of Flybondi’s outstanding shares that have executed the Flybondi Business Combination Agreement on October 19, 2023;

~~Table~~● of“SPACs” ~~Contents~~are to special purpose acquisition companies;

•● “~~Second Extension Promissory Note~~Sponsor” are to ~~that~~Integral ~~certain~~Sponsor ~~unsecured promissory note in the principal amount of up to $359~~LLC,~~503~~ ~~issued~~a onDelaware ~~November~~limited 8,liability ~~2023 to the Sponsor in connection with the Second Extension~~company;

•● “~~Second~~Third ~~Special Meeting~~Extension” are to the ~~special~~extension ~~meeting~~of inthe ~~lieu~~date ofby anwhich ~~annual~~we ~~meeting~~must ofconsummate our ~~stockholders~~initial ~~held~~Business onCombination from November 25, ~~2023~~2024 to November 5, 2025, on a monthly basis (or such earlier date as determined by the Board), as approved by our stockholders at the Third Special Meeting (as defined below);

•● “~~Securities~~Third ~~Act~~Extension Amendment Proposal” are to the ~~Securities~~proposal ~~Act~~at ofthe ~~1933~~Third Special Meeting to approve an amendment to the Amended and Restated Charter to extend the date by which we must consummate its initial Business Combination from November 5, 2024 to November 5, 2025, on a monthly basis (or such earlier date as ~~amended~~determined by the Board);

•● “~~Seller~~Third ~~Joinder~~Extension Promissory Note” are to athat ~~joinder~~certain ~~agreement~~unsecured ~~executed~~promissory bynote ain ~~Joining~~the ~~Seller~~principal ~~and~~amount ~~delivered~~of up to us$130,561 FBissued ~~Parent~~on ~~and~~November ~~Flybondi~~6, ~~after~~2024 to the ~~date~~Sponsor ofin ~~the~~connection ~~Flybondi~~with ~~Business~~the ~~Combination~~Third ~~Agreement~~Extension;

~~• “Sellers” are to the Joining Sellers and the Signing Sellers;~~vii

•● “~~Services~~Third ~~Agreement~~Special Meeting” are to the ~~Services~~special ~~Agreement,~~meeting ~~dated~~in ~~November~~lieu 2,of ~~2021,~~an weannual ~~entered~~meeting ~~into~~of ~~with~~ our ~~Sponsor~~stockholders held on October 31, 2024;

•● “~~Signing Sellers~~Treasury” are to ~~certain~~the ~~holders~~U.S. Department of ~~Flybondi’s outstanding shares that have executed~~ the ~~Flybondi Business Combination Agreement on October 19, 2023~~Treasury;

•● “~~SPACs~~Trust Account” are to ~~special~~the ~~purpose~~U.S.-based ~~acquisition~~trust ~~companies~~account in which an amount of $116,725,000 from the net proceeds of the sale of the Units in the Initial Public Offering and the Private Placement Warrants in the Private Placement was placed following the closing of the Initial Public Offering;

•● “~~Sponsor~~Trust Agreement” are to ~~Integral~~the ~~Sponsor~~Investment ~~LLC~~Management Trust Agreement, adated ~~Delaware~~November ~~limited~~2, ~~liability~~2021, ~~company~~which we entered into with Continental, as trustee of the Trust Account;

•● “~~Third Extension~~Units” are to the ~~extension~~units ofsold ~~the~~in ~~date by which we must consummate~~ our ~~initial~~Initial ~~Business~~Public ~~Combination from November 5~~Offering, ~~2024~~which toconsist ~~November~~of 5,one ~~2025,~~Public onShare aand ~~monthly~~one-half ~~basis~~of ~~(or~~one ~~such~~Public ~~earlier date as determined by the Board), as approved by our stockholders at the Third Special Meeting (as defined below)~~Warrant;

•● “~~Third~~U.S. ~~Extension Amendment Proposal~~GAAP” are to the ~~proposal~~accounting atprinciples ~~the~~generally ~~Third~~accepted ~~Special~~in ~~Meeting to approve an amendment to~~ the ~~Amended~~United ~~and~~States ~~Restated~~of ~~Charter to extend the date by which we must consummate its initial Business Combination from November 5, 2024 to November 5, 2025, on a monthly basis (or such earlier date as determined by the Board)~~America;

•● “~~Third~~Warrant ~~Extension Promissory Note~~Agreement” are to ~~that~~the ~~certain~~Warrant ~~unsecured~~Agreement, ~~promissory~~dated ~~note~~as ~~in the principal amount~~ of upNovember ~~to $130~~2,~~561~~ ~~issued on November 6~~2021, ~~2024~~which towe ~~the~~entered ~~Sponsor~~into ~~in connection~~ with ~~the Third Extension~~Continental;

•● “~~Third Special Meeting~~Warrants” are to the ~~special~~Private ~~meeting~~Placement inWarrants ~~lieu~~and ofthe anPublic ~~annual meeting of our stockholders held on October 31~~Warrants, ~~2024~~together; and

•● “~~Treasury~~Working Capital Loans” are to funds that, in order to provide working capital or finance transaction costs in connection with a Business Combination, the ~~U.S.~~Initial ~~Department~~Stockholders or an affiliate of the ~~Treasury;~~Initial Stockholders or certain of our directors and officers may, but are not obligated to, loan us.

• “Trust Account” are to the U.S.-based trust account in which an amount of $116,725,000 from the net proceeds of the sale of the Units in the Initial Public Offering and the Private Placement Warrants in the Private Placement was placed following the closing of the Initial Public Offering;viii

•PART ~~“Trust~~I ~~Agreement”~~– ~~are~~FINANCIAL ~~to the Investment Management Trust Agreement, dated November 2, 2021, which we entered into with Continental, as trustee of the Trust Account;~~INFORMATION

•Item 1. ~~“Units”~~Financial ~~are to the units sold in our Initial Public Offering, which consist of one Public Share and one-half of one Public Warrant;~~Statements.

•INTEGRAL ~~“U.S.~~ACQUISITION ~~GAAP”~~CORPORATION ~~are to the accounting principles generally accepted in the United States of America;~~1

•CONDENSED ~~“Warrant~~BALANCE ~~Agreement” are to the Warrant Agreement, dated as of November 2, 2021, which we entered into with Continental;~~SHEETS

• “Warrants” are to the Private Placement Warrants and the Public Warrants, together; and


	June 30, 2025 (unaudited)			December 31, 2024 (audited)
Assets
Cash	$	21,503		$	146,565
Prepaid taxes and other prepaid expenses		48,000			448,214
Total current assets		69,503			594,779

Cash held in Trust Account		4,135,011			4,078,045
Total assets	$	4,204,514		$	4,672,824

Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit
Current liabilities:
Accrued expenses	$	2,276,204		$	1,525,042
Due to related party		100,000			120,000
Promissory Notes—Related Party		1,724,456			1,267,756
Working Capital Loans—convertible		1,500,000			1,500,000
Excise tax payable		-			95,388
Reserve for uncertain tax positions		-			371,214
Income taxes payable		33,232			88,283
Total liabilities		5,633,892			4,967,683

Commitments and Contingencies (Note 4)
Class A Common Stock subject to possible redemption, 362,670 shares at redemption value of $11.45 and $11.22 per share at June 30, 2025 and December 31, 2024, respectively		4,152,308			4,069,207

Stockholders’ Deficit
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding		-			-
Class A Common Stock, $0.0001 par value; 100,000,000 shares authorized; 2,874,999 issued and outstanding (excluding 362,670 shares subject to possible redemption) at June 30, 2025 and December 31, 2024		288			288
Class B Common Stock, $0.0001 par value; 10,000,000 shares authorized; 1 share issued and outstanding at June 30, 2025 and December 31, 2024		-			-
Additional paid-in capital		-			-
Accumulated deficit		(5,581,974	)		(4,364,354	)
Total stockholders’ deficit		(5,581,686	)		(4,364,066	)
Total Liabilities, Redeemable Common Stock and Stockholders’ Deficit	$	4,204,514		$	4,672,824

•The ~~“Working~~accompanying ~~Capital~~notes ~~Loans”~~ are ~~to funds that, in order to provide working capital or finance transaction costs in connection with a Business Combination, the Initial Stockholders or~~ an ~~affiliate~~integral ofpart ~~the Initial Stockholders or certain~~ of ~~our~~these ~~directors~~unaudited ~~and~~condensed ~~officers~~financial ~~may, but are not obligated to, loan us~~statements.

~~vii~~ 1

~~Table~~INTEGRAL ofACQUISITION ~~Contents~~CORPORATION 1

~~P10D~~UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

PART I – FINANCIAL INFORMATION


	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2025			2024			2025			2024
Operating costs	$	591,142		$	523,160		$	1,179,427		$	908,571
Loss from operations		(591,142	)		(523,160	)		(1,179,427	)		(908,571	)

Other income:
Interest income		10,482			171,811			46,820			341,262
Excise tax interest and penalties		(1,912	)		-			(1,912	)		-
Total other income		8,570			171,811			44,908			341,262

Loss before provision for income taxes		(582,572	)		(351,349	)		(1,134,519	)		(567,309	)
Provision for income taxes		11,342			(43,068	)		-			(87,143	)
Net loss	$	(571,230	)	$	(394,417	)	$	(1,134,519	)	$	(654,452	)

Basic and diluted weighted average shares outstanding, Common Stock subject to redemption		362,670			1,198,342			362,670			1,198,342
Basic and diluted net loss per Common Stock subject to redemption	$	(0.18	)	$	(0.10	)	$	(0.35	)	$	(0.16	)

Basic and diluted weighted average shares outstanding, non-redeemable Common Stock		2,875,000			2,875,000			2,875,000			2,875,000
Basic and diluted net loss per non-redeemable Common Stock	$	(0.18	)	$	(0.10	)	$	(0.35	)	$	(0.16	)

~~Item 1.~~The ~~Financial~~accompanying ~~Statements.~~notes are an integral part of these unaudited condensed financial statements.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 2

~~SHEETS~~INTEGRAL ACQUISITION CORPORATION 1

	March 31,2025(unaudited)			December 31,2024(audited)
Assets
Cash	$	81,141		$	146,565
Prepaid taxes and other prepaid expenses		75,850			448,214
Total current assets		156,991			594,779
Cash held in Trust Account		4,091,931			4,078,045
Total assets	$	4,248,922		$	4,672,824
Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit
Current liabilities:
Accrued expenses	$	1,818,712		$	1,525,042
Redemptions payable		3,942,531			—
Due to related party		120,000			120,000
Promissory Notes—Related Party		1,528,396			1,267,756
Working Capital Loans—convertible		1,500,000			1,500,000
Excise tax payable		136,223			95,388
Reserve for uncertain tax positions		—			371,214
Income taxes payable		44,574			88,283
Total liabilities		9,090,436			4,967,683
Commitments and Contingencies (Note 4)
Class A Common Stock subject to possible redemption, 14,168 and 362,670 shares at redemption value of $12.86 and $11.22 per share at March 31, 2025 and December 31, 2024, respectively		182,213			4,069,207
Stockholders’ Deficit
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding		—			—
Class A Common Stock, $0.0001 par value; 100,000,000 shares authorized; 2,874,999 issued and outstanding, respectively, (excluding 14,168 and 362,670 shares subject to possible redemption) at March 31, 2025 and December 31, 2024, respectively		288			288
Class B Common Stock, $0.0001 par value; 10,000,000 shares authorized; 1 share issued and outstanding at March 31, 2025 and December 31, 2024		—			—
Additional paid-in capital		—			—
Accumulated deficit		(5,024,015	)		(4,364,354	)
Total stockholders’ deficit		(5,023,727	)		(4,364,066	)
Total Liabilities, Redeemable Common Stock and Stockholders’ Deficit	$	4,248,922		$	4,672,824

UNAUDITED CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT

~~The~~FOR ~~accompanying~~THE ~~notes~~THREE ~~are~~AND anSIX ~~integral~~MONTHS ~~part~~ENDED ofJUNE ~~these~~30, ~~unaudited condensed financial statements.~~ 2025


	Class A Common Stock				Class B Common Stock				Additional Paid-in		Accumulated			Total Stockholders’
	Stock		Amount		Stock		Amount		Capital		Deficit			Deficit
Balance as of December 31, 2024		2,874,999	$	288		1	$	-	$	-	$	(4,364,354	)	$	(4,364,066	)
Remeasurement of Class A Common Stock to redemption amount		-		-		-		-		-		(55,537	)		(55,537	)
Excise tax payable		-		-		-		-		-		(40,835	)		(40,835	)
Net loss		-		-		-		-		-		(563,289	)		(563,289	)
Balance as of March 31, 2025 (unaudited)		2,874,999		288		1		-		-		(5,024,015	)		(5,023,727	)
Remeasurement of Class A Common Stock to redemption amount		-		-		-		-		-		(27,564	)		(27,564	)
Excise tax payable		-		-		-		-		-		40,835			40,835
Net loss		-		-		-		-		-		(571,230	)		(571,230	)
Balance as of June 30, 2025 (unaudited)		2,874,999	$	288		1	$	-	$	-	$	(5,581,974	)	$	(5,581,686	)

~~Table~~FOR ofTHE ~~Contents~~THREE AND SIX MONTHS ENDED JUNE 30, 2024

INTEGRAL ACQUISITION CORPORATION 1

	Class A Common Stock				Class B Common Stock				Additional Paid-in		Accumulated			Total Stockholders’
	Stock		Amount		Stock		Amount		Capital		Deficit			Deficit
Balance as of December 31, 2023		2,874,999	$	288		1	$	-	$	-	$	(3,241,895	)	$	(3,241,607	)
Remeasurement of Class A Common Stock to redemption amount		-		-		-		-		-		(178,852	)		(178,852	)
Net loss		-		-		-		-		-		(260,035	)		(260,035	)
Balance as of March 31, 2024 (unaudited)		2,874,999		288		1		-		-		(3,680,782	)		(3,680,494	)
Remeasurement of Class A Common Stock to redemption amount		-		-		-		-		-		(176,819	)		(176,819	)
Escrow funding from Cartesian Escrow Parties		-		-		-		-		-		900,000			900,000
Net loss		-		-		-		-		-		(394,417	)		(394,417	)
Balance as of Jume 30, 2024 (unaudited)		2,874,999	$	288		1	$	-	$	-	$	(3,352,018	)	$	(3,351,730	)

~~UNAUDITED~~The ~~CONDENSED~~accompanying ~~STATEMENTS~~notes ~~OF OPERATIONS~~are an integral part of these unaudited condensed financial statements.

	For the Three Months Ended March 31,
	2025			2024
Operating costs	$	588,285		$	385,411
Loss from operations		(588,285	)		(385,411	)
Other income:
Interest income		36,338			169,451
Total other income		36,338			169,451
Loss before provision for income taxes		(551,947	)		(215,960	)
Provision for income taxes		(11,342	)		(44,075	)
Net loss	$	(563,289	)	$	(260,035	)
Basic and diluted weighted average shares outstanding, Common Stock subject to redemption		358,798			1,198,342
Basic and diluted net loss per Common Stock subject to redemption	$	(0.17	)	$	(0.06	)
Basic and diluted weighted average shares outstanding, non-redeemable Common Stock		2,875,000			2,875,000
Basic and diluted net loss per non-redeemable Common Stock	$	(0.17	)	$	(0.06	)

~~The~~INTEGRAL ACQUISITION ~~accompanying~~CORPORATION ~~notes are an integral part of these unaudited condensed financial statements.~~ 1

2UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

Table of Contents


	For the Six Months Ended June 30,
	2025			2024
Cash flows from Operating Activities:
Net loss	$	(1,134,519	)	$	(654,452	)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on cash held in Trust Account		(46,736	)		(341,262	)
Changes in current assets and current liabilities:
Prepaid expenses		-			(33,872	)
Due to Sponsor		(20,000	)		-
Excise tax payable		(95,388	)		-
Accrued expenses		751,162			381,371
Income taxes payable		(55,051	)		75,493
Franchise taxes payable		29,000			(62,000	)
Net cash used in operating activities		(571,532	)		(634,722	)

Cash flows from Investing Activities:
Extension funding of Trust Account		(65,281	)		(179,752	)
Funds withdrawn from Trust Account		55,051			151,850
Net cash used in investing activities		(10,230	)		(27,902	)

Cash flows from Financing Activities:
Proceeds from issuance of the Extension Promissory Notes		65,280			-
Proceeds from issuance of Working Capital Loans and the 2024 Promissory Note		391,420			179,748
Proceeds from issuance of convertible promissory note to related party		-			480,252
Escrow funding from Cartesian Escrow Parties		-			900,000
Net cash provided by financing activities		456,700			1,560,000

Net change in cash		(125,062	)		897,376
Cash, beginning of the period		146,565			75,891
Cash, end of the period	$	21,503		$	937,267

Supplemental disclosure of noncash investing and financing activities:
Remeasurement of Class A Common Stock to redemption amount	$	83,101		$	355,671

~~INTEGRAL~~The ~~ACQUISITION~~accompanying ~~CORPORATION~~notes 1are an integral part of these unaudited condensed financial statements.

~~UNAUDITED CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIT~~ 4

~~FOR~~INTEGRAL ~~THE~~ACQUISITION ~~THREE~~CORPORATION ~~MONTHS ENDED MARCH 31, 2025~~ 1

	Class A Common Stock				Class B Common Stock				Additional Paid-in		Accumulated			Total Stockholders’
	Stock		Amount		Stock		Amount		Capital		Deficit			Deficit
Balance as of December 31, 2024		2,874,999	$	288		1	$	—	$	—	$	(4,364,354	)	$	(4,364,066	)
Remeasurement of Class A Common Stock to redemption amount		—		—		—		—		—		(55,537	)		(55,537	)
Excise tax payable		—		—		—		—		—		(40,835	)		(40,835	)
Net loss		—		—		—		—		—		(563,289	)		(563,289	)
Balance as of March 31, 2025 (unaudited)		2,874,999	$	288		1	$	—	$	—	$	(5,024,015	)	$	(5,023,727	)

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~FOR~~JUNE ~~THE THREE MONTHS ENDED MARCH 31~~30, ~~2024~~ 2025

	Class A Common Stock				Class B Common Stock				Additional Paid-in		Accumulated			Total Stockholders’
	Stock		Amount		Stock		Amount		Capital		Deficit			Deficit
Balance as of December 31, 2023		2,874,999	$	288		1	$	—	$	—	$	(3,241,895	)	$	(3,241,607	)
Remeasurement of Class A Common Stock to redemption amount		—		—		—		—		—		(178,852	)		(178,852	)
Net loss		—		—		—		—		—		(260,035	)		(260,035	)
Balance as of March 31, 2024 (unaudited)		2,874,999	$	288		1	$	—	$	—	$	(3,680,782	)	$	(3,680,494	)

Note 1 — Organization, Business Operations and Liquidity

~~The~~Organization ~~accompanying~~and ~~notes are an integral part of these unaudited condensed financial statements.~~ General

3Integral Acquisition Corporation 1 is a blank check company incorporated as a Delaware corporation on February 16, 2021. The Company was formed for the purpose of effecting a Business Combination.

~~Table~~As of ~~Contents~~June 30, 2025, the Company has neither engaged in any operations nor generated any revenues. All activity for the period from February 16, 2021 (inception) through June 30, 2025, relates to (i) the Company’s formation and the IPO described below, and (ii) since the closing of the IPO, the search for a prospective target for an initial Business Combination and attempting to consummate an initial Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the IPO.

~~INTEGRAL~~Sponsor ~~ACQUISITION~~and ~~CORPORATION 1~~ Financing

~~UNAUDITED~~The ~~CONDENSED~~Sponsor, ~~STATEMENTS~~Integral OFSponsor, ~~CASH~~LLC, ~~FLOWS~~is a Delaware limited liability company.

	For the Three Months Ended March 31,
	2025			2024
Cash flows from Operating Activities:
Net loss	$	(563,289	)	$	(260,035	)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on cash held in Trust Account		(36,297	)		(169,451	)
Changes in current assets and current liabilities:
Prepaid expenses		(950	)		(59,407	)
Accrued expenses		293,670			116,112
Income taxes payable		(43,709	)		62,425
Franchise taxes payable		2,100			18,050
Net cash used in operating activities		(348,475	)		(292,306	)
Cash flows from Investing Activities:
Extension funding of Trust Account		(32,640	)		(89,876	)
Funds withdrawn for redemptions		55,051			—
Net cash provided by (used in) investing activities		22,411			(89,876	)
Cash flows from Financing Activities:
Proceeds from issuance of the Extension Promissory Notes		32,640			89,874
Proceeds from issuance of Working Capital Loans and the 2024 Promissory Note		228,000			285,126
Net cash provided by financing activities		260,640			375,000
Net change in cash		(65,424	)		(7,182	)
Cash, beginning of the period		146,565			75,891
Cash, end of the period	$	81,141		$	68,709
Supplemental disclosure of noncash investing and financing activities:
Remeasurement of Class A Common Stock to redemption amount	$	55,537		$	178,852
Redemptions payable	$	3,942,531			—
Excise tax payable	$	40,835		$	—

The IPO Registration Statement was declared effective on November 2, 2021. On November 5, 2021, the Company, consummated its IPO of 11,500,000 Units, including 1,500,000 Units issued upon exercise in full by the underwriter of its option to purchase additional Units. Each Unit consists of one Public Share, and one-half of one Public Warrant, with each whole Public Warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $115,000,000.

~~The~~Simultaneously ~~accompanying~~with ~~notes~~the ~~are~~closing of the IPO, the Company completed the Private Placement of an ~~integral~~aggregate ~~part~~of 4,950,000 Private Placement Warrants, including 90,000 Private Placement Warrants issued in connection with the exercise in full by the underwriter of ~~these~~its ~~unaudited~~option ~~condensed~~to ~~financial~~purchase ~~statements~~additional Units, to the Sponsor at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $4,950,000. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Placement Warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

4Upon the closing of the IPO and the Private Placement, $116,725,000 was placed in the Trust Account, representing the redemption value of the Public Shares sold in the IPO, at their redemption value of $10.15 per share.

~~Table~~The Company must complete one or more initial Business Combinations having an aggregate fair market value of ~~Contents~~at least 80% of the value of the assets held in the Trust Account (excluding taxes payable on the income earned on the Trust Account) at the time of the signing a definitive agreement in connection with the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to complete a Business Combination successfully.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 5

~~NOTES~~INTEGRAL TOACQUISITION ~~UNAUDITED~~CORPORATION ~~CONDENSED FINANCIAL STATEMENTS~~ 1

~~MARCH 31,~~NOTES ~~2025~~TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~Note~~JUNE ~~1 — Organization~~30, ~~Business Operations and Liquidity~~ 2025

~~Organization~~Founder ~~and General~~ Shares

~~Integral~~The ~~Acquisition~~Initial ~~Corporation~~Stockholders 1have isagreed anot ~~blank~~to ~~check~~transfer, ~~company~~assign ~~incorporated~~or assell aany ~~Delaware~~of ~~corporation~~their Founder Shares and any Class A Common Stock issuable upon conversion thereof until the earlier to occur of: (i) one year after the completion of the initial Business Combination and (ii) the date on ~~February~~which 16the Company completes a liquidation, ~~2021.~~merger, ~~The~~capital ~~Company~~stock ~~was~~exchange ~~formed~~or other similar transaction after the Business Combination that results in all of the stockholders having the right to exchange their Class A Common Stock for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the ~~purpose~~“Lock-up”).Any permitted transferees will be subject to the same restrictions and other agreements of ~~effecting~~the aInitial Stockholders with respect to any Founder Shares. Notwithstanding the foregoing, the Founder Shares will be released from the Lock-up if the closing price of the Class A Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination. On December 29, 2021, the Sponsor transferred 50,000 Founder Shares to an Anchor Investor.

~~non-operating~~Following the approval of the Founder Share Amendment Proposal at the Second Special Meeting, on November 3, 2023, the Company issued an aggregate of 2,874,999 shares of Class A Common Stock (consisting of 2,824,999 shares to the Sponsor and 50,000 shares to an Anchor Investor) upon the conversion of an equal number of shares of Class B Common Stock, held by the Sponsor and such Anchor Investor, respectively, as Founder Shares.

The 2,874,999 shares of Class A Common Stock issued in connection with the Founder Share Conversion are subject to the same restrictions as applied to the Class B Common Stock before the Founder Share Conversion, including, among other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of a Business Combination, as described in the IPO Registration Statement. Following the Founder Share Conversion, the First Special Meeting and redemptions, the Second Special Meeting and redemptions and the Third Special Meeting and redemptions, there were 3,237,669 shares of Class A Common Stock issued and outstanding and one share of Class B Stock issued and outstanding. As a result, the Sponsor holds approximately 88.7% of the issued and ~~Financing~~outstanding Class A Common Stock.

~~The~~At ~~Sponsor,~~the ~~Integral~~March 2025 ~~Sponsor~~Special Meeting, ~~LLC~~holders of 348,502 isPublic aShares ~~Delaware~~elected ~~limited~~to ~~liability~~redeem ~~company~~their Public Shares contingent on the closing of the proposed Flybondi Business Combination, discussed below. As the Flybondi Business Combination Agreement was terminated on June 4, 2025 and the proposed Flybondi Business Combination abandoned, those shares were not redeemed.

~~one-half~~Trust Account

~~Simultaneously~~At ~~with~~June 30, ~~the~~2025 ~~closing~~and ofDecember 31, ~~the IPO~~2024, ~~the~~funds ~~Company~~in ~~completed~~ the ~~Private~~Trust ~~Placement~~Account ofwere aninvested ~~aggregate~~in ofan ~~4,950,000~~interest-bearing ~~Private~~demand ~~Placement~~deposit ~~Warrants,~~account. ~~including~~Except ~~90,000~~for ~~Private~~the ~~Placement~~withdrawal ~~Warrants~~of ~~issued~~funds into ~~connection~~pay ~~with~~taxes, ~~the~~funds ~~exercise~~will remain in ~~full by~~ the ~~underwriter~~Trust ofAccount ~~its~~until ~~option~~the toearlier ~~purchase~~of ~~additional~~(i) ~~Units, to~~ the ~~Sponsor~~consummation ~~at a purchase price~~ of ~~$1.00~~the ~~per~~Company’s ~~Private~~first ~~Placement~~Business ~~Warrant,~~Combination ~~generating~~and ~~gross~~(ii) ~~proceeds to~~ the ~~Company~~distribution of ~~$4,950,000.~~the NoTrust ~~underwriting~~Account ~~discounts~~as ordescribed ~~commissions~~below. ~~were~~The ~~paid~~remaining ~~with~~proceeds ~~respect~~outside tothe ~~such~~Trust ~~sale.~~Account ~~The~~may ~~issuance~~be ofused ~~the~~for ~~Private~~(i) ~~Placement~~business, ~~Warrants~~legal ~~was~~and ~~made~~accounting ~~pursuant~~expenses, to(ii) ~~the~~due ~~exemption~~diligence ~~from~~on ~~registration~~prospective ~~contained~~acquisitions inand ~~Section 4~~(aiii)~~(2)~~ ofcontinuing ~~the~~general ~~Securities~~and ~~Act.~~administrative expenses.

Upon the closing of the IPO and the Private Placement, $116,725,000 was placed in the Trust Account, representing the redemption value of the Public Shares sold in the IPO, at their redemption value of $10.15 per share. 6

~~The~~INTEGRAL ~~Company~~ACQUISITION ~~must~~CORPORATION complete one or more initial Business Combinations having an aggregate fair market value of at least 80% of the value of the assets held in the Trust Account (excluding taxes payable on the income earned on the Trust Account) at the time of the signing a definitive agreement in connection with the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to complete a Business Combination successfully. 1

~~Founder~~NOTES ~~Shares~~TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~“Lock-up”).~~JUNE 30, 2025

~~Lock-up~~Initial Business Combination

30The Company will provide its Public Stockholders with the opportunity to redeem all or a portion of their Public Shares upon the completion of the initial Business Combination either (i) in connection with a stockholder meeting called to approve the Business Combination or (ii) without a stockholder vote by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a proposed Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Stockholders will be entitled to redeem all or a portion of their Public Shares upon the completion of the initial Business Combination at a per-~~trading~~share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account calculated as of two business days prior to the consummation of the initial Business Combination, including interest earned on the funds held in the Trust Account (which interest shall be net of taxes payable (excluding Excise Taxes)), divided by the number of then outstanding Public Shares, subject to the limitations and on the conditions described herein. As of June 30, 2025, the amount in the Trust Account was $11.40 (before taxes paid or payable) per Public Share.

~~Following~~The ~~the~~shares ~~approval~~ of ~~the~~Common ~~Founder~~Stock ~~Share~~subject ~~Amendment~~to ~~Proposal~~redemption have been recorded at a redemption value and classified as temporary equity upon the ~~Second~~completion ~~Special~~of ~~Meeting~~the IPO, onin ~~November 3,~~accordance ~~2023~~with ASC 480. In such case, the Company ~~issued~~would anproceed ~~aggregate~~with a Business Combination if the Company has net tangible assets of 2at least $5,~~874~~000,~~999~~001 ~~shares~~upon such consummation of ~~Class A~~a ~~Common~~Business ~~Stock~~Combination ~~(consisting~~and, ofif 2the Company seeks stockholder approval,~~824,999~~ ~~shares~~a tomajority of the ~~Sponsor~~issued and ~~50,000~~outstanding shares tovoted anare ~~Anchor~~voted ~~Investor)~~in ~~upon~~favor of the ~~conversion~~Business ofCombination. anAs ~~equal~~discussed ~~number~~below, ofat ~~shares~~the ~~of Class~~March B2025 ~~Common~~Special ~~Stock~~Meeting, ~~held~~the byCompany’s stockholders approved a proposal to amend the ~~Sponsor~~Amended and ~~such~~Restated ~~Anchor~~Charter ~~Investor,~~to ~~respectively,~~eliminate asthe ~~Founder~~limitation that the Company shall not redeem Public Shares. to the extent that such redemption would result in the Company’s failure to have net tangible assets of at least $5,000,001.

Following the IPO, the Company initially had 18 months from the closing of the IPO to complete the initial Business Combination, which Combination Period, as further discussed below, was extended to November 5, 2025. If the Company is unable to complete the initial Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (which interest shall be net of taxes payable (excluding Excise Taxes) and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Board of Directors, liquidate and dissolve, subject, in each case, to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.

~~Table~~The Sponsor, officers and directors have agreed to (i) waive their redemption rights with respect to any Founder Shares and Public Shares they hold in connection with the completion of ~~Contents~~the initial Business Combination, (ii) waive their redemption rights with respect to any Founder Shares and Public Shares they hold in connection with a stockholder vote to approve an amendment to the Amended and Restated Charter, (iii) waive their rights to liquidating distributions from the Trust Account with respect to any Founder Shares they hold if the Company fails to complete the initial Business Combination within the Combination Period, and (iv) vote their Founder Shares and any Public Shares purchased during or after the IPO in favor of the initial Business Combination.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 7

~~NOTES~~INTEGRAL TOACQUISITION ~~UNAUDITED~~CORPORATION ~~CONDENSED FINANCIAL STATEMENTS~~ 1

~~MARCH~~NOTES ~~31,~~TO ~~2025~~UNAUDITED CONDENSED FINANCIAL STATEMENTS

BJUNE 30, 2025

The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or Business Combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.15 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.15 per share due to reductions in the value of the Trust Account assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act. However, the Company has not asked the Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and the Company believes that the Sponsor’s only assets are securities of the Company. Therefore, the Company cannot assure that the Sponsor would be able to satisfy those obligations. None of the Company’s officers or directors will indemnify the Company for claims by third parties including, without limitation, claims by vendors and prospective target businesses.

AtTermination ~~March 31, 2025 and December 31, 2024, funds in the Trust Account were invested in an interest bearing demand deposit account. Except for the withdrawal~~ of ~~funds~~Flybondi ~~to pay taxes, funds will remain in the Trust Account until the earlier of (i) the consummation of the Company’s first~~ Business Combination and (ii) the distribution of the Trust Account as described below. The remaining proceeds outside the Trust Account may be used for (i) business, legal and accounting expenses, (ii) due diligence on prospective acquisitions and (iii) continuing general and administrative expenses.

~~Initial~~On October 19, 2023, the Company entered into the Flybondi Business Combination Agreement, as amended on July 2, 2024, October 1, 2024 and April 15, 2026, with Flybondi, FB Parent Holdings, Merger Sub and the Signing Sellers. After the date of the Flybondi Business Combination Agreement, the Joining Sellers may join the Flybondi Business Combination Agreement by executing and delivering a Seller Joinder.

~~per-share~~As discussed below, at the March 2025 Special Meeting, the Company’s stockholders adopted and approved the Flybondi Business Combination Agreement and the transactions contemplated thereby.

~~The~~On ~~shares of Common Stock subject to redemption have been recorded at a redemption value and classified as temporary equity upon the completion of the IPO~~June 4, ~~in accordance with ASC 480. In such case~~2025, the Company ~~would~~and ~~proceed~~Flybondi ~~with~~entered ainto ~~Business Combination if~~ the ~~Company~~Mutual ~~has~~Termination ~~net tangible assets of at least $5~~Consent,~~000,001~~ ~~upon~~pursuant ~~such~~to ~~consummation~~which ~~of a Business Combination and, if~~ the Company ~~seeks stockholder approval, a majority of the issued~~ and ~~outstanding~~Flybondi ~~shares~~mutually ~~voted~~agreed ~~are~~to ~~voted~~terminate ~~in favor of~~ the Flybondi Business Combination. AsAgreement ~~discussed~~and ~~below, at the March 2025 Special Meeting, the Company’s stockholders approved a proposal~~ to ~~amend~~abandon the ~~Company’s~~transactions ~~Charter~~contemplated to eliminate the limitation that the Company shall not redeem Public Shares to the extent that such redemption would result in the Company’s failure to have net tangible assets of at least $5,000,001thereby.

~~per-share~~Departure of Certain Directors and Officers

~~The~~On ~~Sponsor~~June 5, ~~officers~~2025, ~~and~~each ~~directors~~of ~~have~~Lynne ~~agreed~~Thornton, toNiraj ~~(i) waive~~Javeri ~~their~~and ~~redemption~~Stuart ~~rights~~Hutton ~~with~~resigned ~~respect~~as toa ~~any~~director ~~Founder~~of ~~Shares~~the ~~and~~board ~~Public~~of ~~Shares~~directors ~~they hold in connection with~~ (the ~~completion~~“Board”) of the ~~initial~~Company ~~Business~~and ~~Combination,~~as ~~(ii) waive~~a ~~their~~member ~~redemption~~of ~~rights~~committees ~~with~~of ~~respect~~the toBoard, ~~any~~effective ~~Founder~~immediately. ~~Shares~~Also ~~and~~on ~~Public~~June 5, ~~Shares~~2025, ~~they~~each ~~hold~~of inConrad ~~connection~~Yiu, ~~with~~Matthew aClunies-Ross ~~stockholder~~and ~~vote~~Luke toFay ~~approve~~resigned anas ~~amendment~~a toBoard ~~the~~observer, ~~Amended~~effective ~~and~~immediately. ~~Restated Charter~~Further, ~~(iii)~~on June ~~waive~~5, ~~their~~2025, ~~rights~~Oliver toMatlock ~~liquidating~~resigned ~~distributions~~as ~~from~~ the ~~Trust~~Chief ~~Account~~Financial ~~with~~Officer ~~respect~~of tothe ~~any~~Company, ~~Founder~~effective ~~Shares~~immediately. ~~they~~Enrique ~~hold~~Klix ifassumed the ~~Company~~role ~~fails~~of toChief ~~complete~~Financial ~~the~~Officer ~~initial~~of ~~Business~~the ~~Combination~~Company. ~~within~~The ~~the~~resignations ~~Combination~~of ~~Period~~Mrs. Thornton, ~~and~~Mr. Javeri, ~~(iv)~~Mr. ~~vote~~Hutton, ~~their~~Mr. Yiu, ~~Founder~~Mr. Clunies-Ross, ~~Shares~~Mr. Fay and ~~any~~Mr. Matlock ~~Public~~did ~~Shares~~not ~~purchased~~result ~~during~~from orany ~~after~~disagreements with the ~~IPO~~Company inon ~~favor~~any ofmatter relating to the ~~initial~~Company’s ~~Business~~operations, ~~Combination.~~policies or practices.

6Extensions of the Combination Period

~~Table~~On May 3, 2023, the Company held the First Special Meeting. At the First Special Meeting, the stockholders approved the First Extension Amendment Proposal, which extended the date the Company had to consummate an initial Business Combination from May 5, 2023 to November 3, 2023. In connection with the vote to approve the First Extension Amendment Proposal, Public Stockholders holding 8,470,059 Public Shares properly exercised their right to redeem such Public Shares for a pro rata portion of ~~Contents~~the funds in the Trust Account. As a result, $87,843,748 (approximately $10.37 per share) was removed from the Trust Account to pay such redeeming Public Stockholders.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 8

~~NOTES~~INTEGRAL TOACQUISITION ~~UNAUDITED~~CORPORATION ~~CONDENSED FINANCIAL STATEMENTS~~ 1

~~MARCH~~NOTES ~~31,~~TO ~~2025~~UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~The~~JUNE ~~Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company~~30, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or Business Combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.15 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.15 per share due to reductions in the value of the Trust Account assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act. However, the Company has not asked the Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and the Company believes that the Sponsor’s only assets are securities of the Company. Therefore, the Company cannot assure that the Sponsor would be able to satisfy those obligations. None of the Company’s officers or directors will indemnify the Company for claims by third parties including, without limitation, claims by vendors and prospective target businesses. 2025

~~Proposed~~In connection with the approval of the First Extension Amendment Proposal, the Company issued the First Extension Promissory Note in the aggregate principal amount of up to $630,000 to the Sponsor. The First Extension Promissory Note bears no interest and is repayable in full upon the date of the consummation of the initial Business Combination or the Company’s liquidation. Additionally, the Company deposited $105,000 into the Trust Account for each calendar month (commencing on May 8, 2023) or portion thereof, that was needed by the Company to complete an initial Business Combination until November 3, 2023, and such amount will be distributed either to: (i) all of the holders of Public Shares upon the Company’s liquidation or (ii) Public Stockholders who elect to have their Public Shares redeemed in connection with the consummation of the Business Combination.

On ~~October~~November 192, 2023, the Company ~~entered~~held ~~into~~ the ~~Flybondi~~Second ~~Business~~Special ~~Combination Agreement~~Meeting, ~~with~~at ~~Flybondi,~~which FBthe ~~Parent~~stockholders ~~Holdings~~approved, ~~Merger~~among ~~Sub~~other ~~and~~things, the ~~Signing~~Charter ~~Sellers~~Amendment Proposals. ~~After~~Following ~~the~~approval ~~date~~ of the ~~Flybondi~~Second ~~Business~~Extension ~~Combination~~Amendment ~~Agreement~~Proposal, the ~~Joining~~Combination ~~Sellers~~Period ~~may~~was ~~join~~extended from November 3, 2023 to November 5, 2024. In connection with the ~~Flybondi~~vote ~~Business~~to ~~Combination~~approve ~~Agreement~~the byCharter ~~executing~~Amendment ~~and~~Proposals, ~~delivering~~Public Stockholders holding 1,831,599 Public Shares properly exercised their right to redeem such Public Shares for a ~~Seller~~pro ~~Joinder~~rata portion of the funds in the Trust Account. As a result, $19,763,618 (approximately $10.79 per share) was removed from the Trust Account to pay such redeeming Public Stockholders.

~~The~~In ~~Flybondi~~connection ~~Business~~with ~~Combination~~the ~~Agreement~~approval ~~provides~~of ~~for,~~the ~~among~~Second ~~other~~Extension ~~things~~Amendment Proposal, the ~~following~~Company ~~transactions:~~issued ~~(i) FB~~the ~~Parent~~Second ~~will~~Extension ~~acquire~~Promissory Note in the ~~shares~~aggregate principal amount of ~~Flybondi~~up ~~held~~to by$359,503 to the ~~Sellers~~Sponsor. inThe ~~exchange~~Second ~~for~~Extension ~~the~~Promissory ~~issuance~~Note bybears FBno ~~Parent~~interest ofand ~~new~~is ~~ordinary~~repayable ~~shares~~in full upon the date of FBthe ~~Parent,~~consummation ~~and~~of ~~(ii)~~ the ~~Company~~initial ~~will~~Business ~~merge~~Combination ~~with~~or ~~and~~the ~~into~~Company’s ~~Merger~~liquidation. ~~Sub~~Additionally, ~~with~~ the Company ~~continuing~~deposited as$29,959 into the ~~surviving~~Trust ~~entity~~Account for each calendar month (commencing on November 8, 2023 and asending aon ~~wholly-owned~~the ~~subsidiary~~5th day of FBeach ~~Parent~~subsequent month), ~~and~~or ~~each~~portion ofthereof, that was needed by the Company’s ~~issued~~to ~~and~~complete ~~outstanding~~an ~~securities~~initial ~~immediately~~Business ~~prior~~Combination tountil November 5, 2024, and such ~~merger~~amount will be ~~cancelled~~distributed ~~and~~either ~~converted~~to: ~~into~~(i) all of the ~~right~~holders of Public Shares upon the ~~holder~~Company’s ~~thereof~~liquidation or (ii) Public Stockholders who elect to ~~receive~~have atheir ~~substantially~~Public ~~equivalent~~Shares ~~security~~redeemed in connection with the consummation of FBthe ~~Parent.~~Business Combination.

On ~~July~~October 231, 2024, the Company ~~entered~~held ~~into~~the Third Special Meeting, at which the ~~Novation~~stockholders ~~Agreement~~approved, ~~with~~among FBother ~~Parent~~things, FBthe ~~Parent~~Third ~~Holdings~~Extension Amendment Proposal. Following approval of the Third Extension Amendment Proposal, ~~Merger~~the ~~Sub~~Combination Period was extended from November 5, ~~Flybondi~~2024 ~~and~~to November 5, 2025, on a monthly basis (or such earlier date as determined by the ~~Sellers~~Board). ~~Pursuant~~In connection with the vote to approve the ~~Novation~~Third ~~Agreement~~Extension Amendment Proposal, FBPublic ~~Parent~~Stockholders ~~Holdings~~holding ~~assigned~~835,672 Public Shares properly exercised their right to FBredeem ~~Parent~~such ~~all~~Public ofShares ~~its~~for ~~liabilities,~~a ~~agreements,~~pro ~~obligations,~~rata ~~rights~~portion ~~and~~of ~~duties~~the funds in, ~~under~~the Trust Account. As a result, ~~and~~approximately ~~arising~~$9.5 million (approximately $11.41 per share) was removed from the ~~Flybondi~~Trust ~~Business~~Account ~~Combination~~to ~~Agreement~~pay ~~(the~~such ~~“Substitution”).~~redeeming Public Stockholders.

~~Also~~On November 6, 2024, in connection with the approval of the Third Extension Amendment Proposal, the Company issued the Third Extension Promissory Note in the aggregate principal amount of up to $130,561 to the Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the date of the consummation of the initial Business Combination or the Company’s liquidation. Additionally, the Company agreed to make monthly deposits of $10,880 into the Trust Account for each calendar month (commencing on ~~July~~November 26, 2024) or portion thereof, that was needed by the Company to complete an initial Business Combination until November 5, ~~Sponsor~~2025, and ~~Flybondi~~such ~~entered~~amount ~~into~~will be distributed either to: (i) all of the ~~Flybondi~~holders ~~Sponsor~~of ~~Support~~Public ~~Agreement~~Shares ~~Amendment~~upon the Company’s liquidation or (ii) Public Stockholders who elect to ~~reflect~~have their Public Shares redeemed in connection with the ~~Substitution.~~consummation of the Business Combination.

On October 1, 2024, the parties to the Flybondi Business Combination Agreement entered into the Second Amendment to Business Combination Agreement, pursuant to which the parties agreed to extend the Agreement End Date (as defined in the Flybondi Business Combination Agreement) from November 1, 2024 to March 31, 2025. Other than the extension of the Agreement End Date, the terms of the Flybondi Business Combination Agreement remain unchanged. On April 15, 2025, the parties to the Business Combination Agreement entered into the Third Amendment to Business Combination Agreement (the “Third Amendment”), to extend the Agreement End Date from March 31, 2025 to April 30, 2025.9

~~The~~INTEGRAL ~~Company,~~ACQUISITION FBCORPORATION Parent and Flybondi have prepared and FB Parent has filed with the SEC, on January 23, 2025, the Flybondi Registration Statement in connection with the registration under the Securities Act of certain securities to be issued by FB Parent pursuant to the proposed Flybondi Business Combination, which includes a proxy statement/prospectus that constitutes (i) a prospectus relating to the offer of such FB Parent securities and (ii) a proxy statement to be distributed to the Company’s stockholders in connection with the solicitation of proxies for the vote at a special meeting of its stockholders to be held to approve the proposed Flybondi Business Combination and other matters as described in the Flybondi Registration Statement, and in connection with the approval thereof, to provide its Public Stockholders with the opportunity to redeem their Public Shares in accordance with the redemption rights set forth in the Amended and Restated Charter. 1

AsNOTES ~~discussed~~TO ~~below,~~UNAUDITED atCONDENSED ~~the~~FINANCIAL ~~March 2025 Special Meeting, the Company’s stockholders adopted and approved the Business Combination Agreement, as amended on July 2, 2024 and October 1, 2024.~~ STATEMENTS

~~Extensions~~JUNE of30, ~~the Combination Period~~ 2025

OnAs ~~May 3,~~discussed ~~2023~~below, ~~the~~at ~~Company held~~ the ~~First~~March 2025 Special Meeting., Atstockholders ~~the~~holding ~~First~~an ~~Special~~aggregate ~~Meeting~~of 348,502 ~~the~~shares ~~stockholders~~of ~~approved~~Class ~~the~~A ~~First~~Common ~~Extension~~Stock ~~Amendment~~included ~~Proposal,~~in ~~which~~the ~~extended~~Units ~~the~~sold ~~date~~in the Company’s ~~had~~Initial Public Offering properly exercised their right to ~~consummate~~redeem antheir ~~initial~~Public ~~Business~~Shares ~~Combination~~for ~~from~~cash ~~May 5,~~at ~~2023~~a toredemption ~~November 3,~~price ~~2023~~of approximately $11.31 Inper ~~connection~~share ~~with~~(which ~~the~~amount ~~vote~~is expected to ~~approve~~be ~~the~~reduced ~~First~~as ~~Extension~~a ~~Amendment~~result ~~Proposal,~~of ~~Public~~the ~~Stockholders~~withdrawal ~~holding~~of ~~8,470,059~~interest ~~Public~~to ~~Shares~~pay ~~properly~~taxes ~~exercised~~prior ~~their~~to ~~right~~payment toof ~~redeem~~redemption ~~such~~amounts ~~Public~~to ~~Shares~~stockholders), for aan ~~pro~~aggregate ~~rata~~redemption ~~portion~~amount of approximately $3.94 million. These redemptions were contingent on the ~~funds~~closing inof the ~~Trust~~proposed ~~Account~~Business Combination with Flybondi. AsOn aJune 4, ~~result~~2025, ~~$87~~the Company and Flybondi entered into the Mutual Termination Consent,~~843,748~~ ~~(approximately~~pursuant ~~$10.37~~to ~~per~~which ~~share)~~the ~~was~~Company ~~removed~~and ~~from~~Flybondi mutually agreed to terminate the ~~Trust~~Business ~~Account~~Combination Agreement and to ~~pay~~abandon ~~such~~the ~~redeeming~~transactions ~~Public~~contemplated ~~Stockholders~~thereby. As the proposed Business Combination has been terminated, the shares of Class A Common Stock submitted for redemption were not redeemed.

7Through June 30, 2025, the Company had deposited an aggregate of $1,076,544 to fund the Trust Account under the Extension Promissory Notes.

~~Table~~March 2025 ofSpecial ~~Contents~~Meeting

~~INTEGRAL~~On ~~ACQUISITION~~March 28, ~~CORPORATION~~2025, 1the Company held the March 2025 Special Meeting at which the Company’s stockholders approved, among other things, the NTA Requirement Amendment Proposal and the Flybondi Business Combination Agreement and the transactions contemplated thereby. The proposals are described in more detail in the Company’s definitive proxy statement/prospectus filed with the SEC on March 7, 2025. On June 4, 2025, the Company and Flybondi entered into the Mutual Termination Consent, pursuant to which the Company and Flybondi mutually agreed to terminate the Business Combination Agreement and to abandon the transactions contemplated thereby. As the proposed Business Combination has been terminated, items (i) and (ii), above, will not take effect.

~~NOTES~~In TOconnection ~~UNAUDITED~~with ~~CONDENSED~~the ~~FINANCIAL~~March 2025 ~~STATEMENTS~~Special Meeting, stockholders holding an aggregate of 348,502 Public Shares contingently exercised their right to redeem their Public Shares for cash at a redemption price of approximately $11.31 per share for an aggregate redemption amount of approximately $3.94 million. With the termination of the proposed Flybondi Business Combination, the Public Shares submitted for redemption were not redeemed.

~~MARCH~~Risks ~~31,~~and ~~2025~~ Uncertainties

noThe Company’s ability to complete an initial Business Combination may be adversely affected by various factors, many of which are beyond the Company’s control. The Company’s ability to consummate an initial Business Combination could be impacted by, among other things, changes in laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the Middle East. The Company cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s ability to complete an initial Business Combination.

OnInflation ~~November 2,~~Reduction ~~2023,~~Act ~~the Company held the Second Special Meeting, at which the stockholders approved, among other things, the Charter Amendment Proposals. Following approval~~ of the Second Extension Amendment Proposal, the Combination Period was extended from November 3, 2023 to November 5, 2024. In connection with the vote to approve the Charter Amendment Proposals, Public Stockholders holding 1,831,599 Public Shares properly exercised their right to redeem such Public Shares for a pro rata portion of the funds in the Trust Account. As a result, $19,763,618 (approximately $10.79 per share) was removed from the Trust Account to pay such redeeming Public Stockholders. 2022

InOn ~~connection~~August 16, ~~with~~2022, the ~~approval~~IR ofAct ~~the~~was ~~Second~~signed ~~Extension~~into ~~Amendment~~federal ~~Proposal~~law. The IR Act provides for, ~~the~~among ~~Company~~other ~~issued~~things, ~~the~~a ~~Second~~new ~~Extension~~U.S. ~~Promissory~~federal ~~Note~~1% inExcise ~~the~~Tax ~~aggregate~~on ~~principal~~certain ~~amount~~repurchases of upstock toby ~~$359,503~~publicly totraded ~~the~~U.S. ~~Sponsor~~domestic corporations and certain U.S. ~~The~~domestic ~~Second~~subsidiaries ~~Extension~~of ~~Promissory~~publicly ~~Note~~traded ~~bears~~foreign nocorporations ~~interest~~occurring ~~and~~on isor ~~repayable~~after inJanuary 1, ~~full~~2023. ~~upon~~The ~~the~~Excise ~~date~~Tax ofis imposed on the ~~consummation~~repurchasing corporation itself, not its stockholders from which shares are repurchased. The amount of the ~~initial~~Excise ~~Business~~Tax ~~Combination~~is orgenerally 1% of the ~~Company’s~~fair ~~liquidation.~~market ~~Additionally,~~value of the ~~Company~~shares ~~deposited~~repurchased ~~$29,959~~at ~~into~~the time of the ~~Trust~~repurchase. ~~Account~~However, for ~~each~~purposes ~~calendar~~of ~~month~~calculating ~~(commencing~~the onExcise ~~November 8~~Tax, ~~2023~~repurchasing ~~and~~corporations ~~ending~~are onpermitted to net the ~~5th~~fair ~~day~~market value of ~~each~~certain ~~subsequent~~new ~~month),~~stock orissuances ~~portion~~against ~~thereof,~~the ~~that~~fair ~~was~~market ~~needed~~value byof stock repurchases during the ~~Company~~same taxable year. In addition, certain exceptions apply to ~~complete~~the anExcise ~~initial~~Tax. ~~Business~~The ~~Combination~~Treasury ~~until~~has ~~November 5,~~been ~~2024,~~given ~~and~~authority ~~such~~to ~~amount~~provide ~~will~~regulations beand ~~distributed~~other ~~either~~guidance to: ~~(i) all~~carry ofout and prevent the ~~holders~~abuse or avoidance of ~~Public~~the ~~Shares~~Excise ~~upon~~Tax. In April 2024, the ~~Company’s~~Treasury ~~liquidation~~issued orproposed ~~(ii) Public~~regulations ~~Stockholders~~providing ~~who~~guidance ~~elect~~with respect to ~~have~~the ~~their~~Excise ~~Pubic~~Tax. ~~Shares~~Taxpayers ~~redeemed~~may inrely ~~connection~~on ~~with~~these proposed regulations until final regulations are issued. Under the ~~consummation~~proposed ofregulations, liquidating distributions made by publicly traded domestic corporations are exempt from the ~~Business~~Excise ~~Combination~~Tax. In addition, any redemptions that occur in the same taxable year as a liquidation is completed will also be exempt from such tax.

On October 31, 2024, the Company held the Third Special Meeting, at which the stockholders approved, among other things, the Third Extension Amendment Proposal. Following approval of the Third Extension Amendment Proposal, the Combination Period was extended from November 5, 2024 to November 5, 2025, on a monthly basis (or such earlier date as determined by the Board). In connection with the vote to approve the Third Extension Amendment Proposal, Public Stockholders holding 835,672 Public Shares properly exercised their right to redeem such Public Shares for a pro rata portion of the funds in the Trust Account. As a result, approximately $9.5 million (approximately $11.41 per share) was removed from the Trust Account to pay such redeeming Public Stockholders. 10

OnINTEGRAL ~~November 6,~~ACQUISITION ~~2024,~~CORPORATION in connection with the approval of the Third Extension Amendment Proposal, the Company issued the Third Extension Promissory Note in the aggregate principal amount of up to $130,561 to the Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the date of the consummation of the initial Business Combination or the Company’s liquidation. Additionally, the Company agreed to make monthly deposits of $10,880 into the Trust Account for each calendar month (commencing on November 6, 2024) or portion thereof, that was needed by the Company to complete an initial Business Combination until November 5, 2025, and such amount will be distributed either to: (i) all of the holders of Public Shares upon the Company’s liquidation or (ii) Public Stockholders who elect to have their Pubic Shares redeemed in connection with the consummation of the Business Combination. 1

~~10-Q,~~NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~Through~~JUNE ~~March 31~~30, 2025~~, the Company had deposited an aggregate of $1,043,903 to fund the Trust Account under the Extension Promissory Notes.~~

~~March~~Any ~~2025~~redemption ~~Special~~or ~~Meeting~~other repurchase that occurs after December 31, 2022, in connection with a Business Combination, extension vote or otherwise, may be subject to the Excise Tax. Whether and to what extent the Company would be subject to the Excise Tax in connection with a Business Combination, extension vote or otherwise would depend on a number of factors, including (i) the fair market value of the redemptions and repurchases in connection with the Business Combination, extension or otherwise, (ii) the structure of a Business Combination, (iii) the nature and amount of any PIPE or other equity issuances in connection with a Business Combination (or otherwise issued not in connection with a Business Combination, but issued within the same taxable year of a Business Combination) and (iv) the content of regulations and other guidance from the Treasury. In addition, because the Excise Tax would be payable by the Company and not by the redeeming holder, the mechanics of any required payment of the Excise Tax have not been determined. The foregoing could cause a reduction in the cash available on hand to complete a Business Combination and in the Company’s ability to complete a Business Combination.

OnDuring ~~March 28, 2025,~~ the ~~Company~~second ~~held~~quarter ~~a special meeting~~ of ~~its stockholders (the “ March 2025 Special Meeting”)~~2024, ~~at which~~ the ~~Company’s~~Internal ~~stockholders~~Revenue ~~approved,~~Service ~~among~~issued ~~other~~final ~~things,~~regulations ~~the~~with ~~NTA~~respect ~~Requirement Amendment Proposal (as defined below)~~ to ~~amend~~ the ~~Company’s~~timing ~~amended~~ and ~~restated~~payment ~~certificate~~ of ~~incorporation,~~the asExcise ~~previously~~Tax. ~~amended~~These onregulations ~~May 3,~~provided ~~2023,~~that ~~November 2,~~the ~~2023~~filing and ~~November 1,~~payment ~~2024~~deadline ~~(as~~for ~~amended,~~any ~~the~~liability ~~“Integral~~incurred ~~Charter”~~during ~~and such new amendment,~~ the ~~“Fourth~~period ~~Charter~~from ~~Amendment”)~~January 1, ~~was~~2023 ~~approved.~~to ~~At the Meeting~~December 31, ~~the~~2023 ~~Company’s~~would ~~stockholders~~be ~~approved the following proposals (collectively~~October 31, ~~the “Proposals”):~~ 2024.

~~(i)~~As a ~~proposal~~result toof ~~approve and adopt~~ the ~~Business~~redemptions ~~Combination~~in ~~Agreement, as amended on July 2,~~ 2024 ~~and~~in ~~October~~connection 1,with ~~2024~~the ~~(as~~Third ~~may~~Special ~~be further amended~~Meeting, ~~supplemented,~~the orCompany ~~otherwise~~was ~~modified~~required ~~from time~~ to ~~time,~~file ~~the~~a ~~“Business~~return ~~Combination Agreement”), with FB Parent, Merger Sub, Flybondi~~ and ~~certain~~remit ~~holders~~payment offor ~~Flybondi’s~~2024 ~~outstanding~~Excise ~~shares~~Tax ~~that~~liabilities ~~have~~on ~~executed~~ or ~~joined~~before ~~the~~April 30, ~~Business~~2025. ~~Combination~~On ~~Agreement~~April 30, ~~(the “Sellers”)~~2025, ~~and~~ the ~~Business~~Company ~~Combination~~filed ~~contemplated~~its ~~thereby~~2024 ~~(together~~Excise ~~with~~Tax ~~the~~return. ~~other~~On ~~transactions related thereto~~June 4, ~~the “Business Combination~~2025,” ~~and collectively,~~ the ~~“Business~~Company ~~Combination~~paid ~~Proposal”)~~$97,300 ~~pursuant~~in toconnection ~~which~~with ~~each of~~ the ~~following~~2024 ~~transactions~~Excise ~~will~~Tax, ~~occur~~including inpenalties ~~the~~and ~~following order:~~interest.

8Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

~~Table~~On June 28, 2023, the Company received a deficiency notice from the Nasdaq Staff notifying the Company that for the prior 30 consecutive business days, its MVLS was below the minimum of ~~Contents~~$50 million required for continued listing on Nasdaq pursuant to the Market Value Standard (the “First Nasdaq Notice”). The First Nasdaq Notice had no immediate effect on the listing or trading of the Company’s securities on Nasdaq.

~~INTEGRAL~~In ~~ACQUISITION~~accordance ~~CORPORATION~~with 1Nasdaq Listing Rule 5810(c)(3)(C), the Company had a period of 180 calendar days, or until December 26, 2023, to regain compliance with the Market Value Standard. The First Nasdaq Notice stated that to regain compliance, the Company’s MVLS must close at $50 million or more for a minimum often consecutive business days during the Nasdaq Compliance Period, at which time Nasdaq would provide written notification the Company had achieved compliance under the Market Value Standard and the matter would be closed.

~~NOTES~~On TOOctober 24, ~~UNAUDITED~~2023, ~~CONDENSED~~the ~~FINANCIAL~~Company ~~STATEMENTS~~received a second deficiency notice from the Nasdaq Staff indicating that it was not in compliance with the Minimum Total Holders Rule, which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the “Second Nasdaq Notice”). The Second Nasdaq Notice was only a notification of deficiency, not of imminent delisting, and had no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Market.

~~MARCH~~In 31accordance with Nasdaq Listing Rule 5810I(2)(A)(i), ~~2025~~the Second Nasdaq Notice stated that the Company had 45 calendar days, or until December 8, 2023, to submit a plan to regain compliance with the Minimum Total Holders Rule.

~~(A)~~On FBDecember 7, ~~Parent~~2023, ~~will acquire~~ the ~~shares~~Company ofapplied ~~Flybondi~~to ~~(the~~transfer ~~“Flybondi~~its ~~Shares”)~~securities ~~held~~from by the ~~Sellers~~Nasdaq inGlobal ~~exchange~~Market ~~for the issuance by FB Parent of new ordinary shares of FB Parent (the “Share Exchange”). At the effective time of the Share Exchange, the total consideration~~ to ~~be paid by FB Parent to~~ the ~~Sellers~~Nasdaq ~~for~~Capital ~~their Flybondi Shares shall be an aggregate number of ordinary shares of FB Parent (“FB Parent Ordinary Shares”) valued at $10~~Market.00 ~~per~~On ~~share~~December 18, ~~with an aggregate value of up to $300~~2023,~~000,000,~~ ~~with such amount equaling $300,000,000 if all holders of Flybondi Shares that are not Signing Sellers (as defined in~~ the ~~Business~~Company ~~Combination~~received Agreement) participate in the transactions by executing Seller Joinders to the Business Combination Agreement. Each Flybondi Share outstanding immediately prior to the effective time of the Share Exchange and held by a ~~Seller~~letter ~~will~~from ~~be exchanged for~~ the ~~number~~Nasdaq ofStaff FBapproving ~~Parent~~its ~~Ordinary~~application ~~Shares equal~~ to ~~the~~list ~~Per~~its ~~Share~~securities ~~Exchange~~on ~~Ratio (as defined in~~ the ~~Business~~Nasdaq ~~Combination~~Capital ~~Agreement) as provided in the Business Combination Agreement~~Market. ~~All~~The ofCompany’s ~~the~~securities ~~in-the-money~~were ~~vested~~transferred ~~Flybondi options outstanding immediately prior~~ to the ~~Share~~Nasdaq ~~Exchange~~Capital ~~will~~Market beat ~~exercised and converted into~~ the ~~right~~opening ~~to receive the number~~ of FBbusiness ~~Parent~~on ~~Ordinary~~December 21, ~~Shares~~2023. ~~equal~~The toFirst ~~the~~Nasdaq ~~Per~~Notice ~~Share Exchange Ratio as provided in the Business Combination Agreement. All unvested~~ and~~/or~~ ~~out-of-the-money~~Second ~~Flybondi~~Nasdaq ~~options~~Notice ~~outstanding~~are ~~immediately~~deemed ~~prior~~ to ~~the Share Exchange will~~ be ~~converted~~resolved ~~into options to purchase FB Parent Ordinary Shares equal to the Per Share Exchange Ratio~~ as provided in the Business Combination Agreement. Any entitlements under the Deferred Incentive Plans (as defined in the Business Combination Agreement) may (at Flybondi’s discretion) be converted into the right to receive a ~~number~~result of FBthis ~~Parent~~transfer ~~Ordinary Shares equal~~ to the ~~Per~~Nasdaq ~~Share~~Capital ~~Exchange Ratio as provided in the Business Combination Agreement~~Market.

(B) The Company will merge with and into Merger Sub (the “Merger”), with the Company continuing as the surviving entity and as a wholly-owned subsidiary of FB Parent, and each issued and outstanding security of the Company immediately prior to the Merger will be canceled and converted into the right of the holder thereof to receive a substantially equivalent security of FB Parent;11

~~(ii)~~INTEGRAL ~~five~~ACQUISITION ~~separate~~CORPORATION governance proposals to approve, on a non-binding advisory basis, the following material changes between the Integral Charter and bylaws and the amended and restated articles of FB Parent to be in effect following the Business Combination (the “FB Parent Articles”) (collectively, the “Advisory Governance Proposals”), as follows:1

~~(A)~~NOTES ~~The~~TO FBUNAUDITED ~~Parent~~CONDENSED ~~Articles~~FINANCIAL ~~would grant the directors of FB Parent the authority to allot FB Parent Ordinary Shares, up to a maximum nominal amount of £1,000,000, free of any rights of pre-emption (“Proposal No. 2A”);~~STATEMENTS

~~(B)~~JUNE ~~The~~30, ~~FB Parent Articles would provide for a declassified board of directors with the result being that each director will be elected annually for a term of one year (“Proposal No. 2B”);~~2025

On November 4, 2024, the Company received a notice from the Listing Qualifications Department of Nasdaq stating that, pursuant to the Nasdaq 36 Month Requirement, the Nasdaq Staff had determined that (Ci) ~~The~~the FBCompany’s ~~Parent~~securities ~~Articles~~would be delisted from Nasdaq, (ii) trading of the Class A Common Stock, Public Warrants, and Units would ~~reduce~~be suspended at the ~~requisite~~opening ~~quorum~~of ~~for~~business on November 11, 2024 and (iii) a ~~meeting~~Form of25-NSE ~~shareholders~~would be filed with the SEC, which would remove the Company’s securities from alisting ~~majority~~and ofregistration ~~outstanding~~on ~~voting~~Nasdaq. ~~power~~Under tothe ~~two~~Nasdaq ~~persons~~36 ~~who~~Month ~~are~~Requirement, a SPAC must complete one or ~~who~~more ~~represent~~Business Combinations within 36 months of the effectiveness of its initial public offering registration statement. Since the Company failed to complete its initial Business Combination by ~~proxy~~November 2, ~~shareholders~~2024, ~~(“Proposal~~the ~~No.~~Staff ~~2C”);~~concluded that the Company did not comply with the Nasdaq 36 Month Requirement and that the Company’s securities would be subject to delisting.

~~(D)~~Trading ~~The~~of FBthe ~~Parent~~Company’s ~~Articles~~securities ~~would~~on ~~include~~the anOTC ~~advance~~commenced ~~notice~~on ~~provision~~November 11, ~~that~~2024. ~~requires~~On aMarch 21, ~~nominating~~2025, ~~shareholder~~Nasdaq tofiled ~~provide~~a ~~notice~~Form 25-NSE to FBdelist ~~Parent~~the inCompany’s ~~advance~~securities offrom aNasdaq. ~~meeting~~The ofClass ~~shareholders~~A ~~should~~Common ~~such~~Stock, ~~nominating~~Public ~~shareholder~~Warrants ~~wish~~and toUnits ~~nominate~~are aquoted ~~person~~on ~~for~~the ~~election~~OTC toPink ~~the~~Market ~~board~~under ofthe ~~directors~~symbols (“~~Proposal~~INTE,” ~~No.~~“INTEW” 2Dand “INTEU,”); respectively.

~~(E)~~ The ~~FB Parent Articles would not include provisions relating to the~~ Company’s ~~status~~is as a ~~special~~voluntary ~~purpose~~reporting ~~acquisition~~entity ~~company~~under ~~that~~the ~~will~~Exchange noAct, ~~longer~~with berespect ~~relevant~~to ~~following~~continued ~~the~~disclosure ~~closing~~ of ~~the~~financial ~~Business~~and ~~Combination~~operational ~~(“Proposal No~~information. ~~2E”); and~~

(iii) a proposal to amend the Integral Charter to eliminate (i) the limitation that the Company shall not redeem Public Shares (as defined below) to the extent that such redemption would result in the Company’s failure to have net tangible assets of at least $5Liquidity,~~000,001,~~ ~~upon~~Capital ~~consummation~~Resources ~~of the Company’s initial Business Combination (such limitation, the “Redemption Limitation”),~~ and ~~(ii)~~Going ~~the requirement that the Company shall not consummate an initial Business Combination unless the Redemption Limitation is not exceeded (together, the “NTA Requirement Amendment Proposal”).~~Concern

~~The~~As ~~proposals~~of ~~listed~~June 30, ~~above~~2025, ~~are described in more detail in~~ the Company’s ~~definitive~~had ~~proxy statement/prospectus~~$21,503 ~~filed~~in ~~with~~its ~~the~~operating ~~Securities~~bank account and ~~Exchange~~a ~~Commission~~working ~~(the~~capital ~~“SEC”)~~deficit onof ~~March 7~~$5, ~~2025~~564,389.

~~10-Q~~Prior to the completion of the IPO, the Company’s liquidity needs had been satisfied through (i) a loan under the IPO Promissory Note, an unsecured promissory note with the Sponsor totaling $252,950 and (ii) the issuance of 2,875,000 Class B Common Stock at approximately $0.009 per share for gross proceeds of $25,000. The IPO Promissory Note has been repaid and no other borrowings are permitted. Subsequent to the consummation of the IPO, the Company’s liquidity needs have been satisfied through the issuance of the Private Placement Warrants, which generated gross proceeds of $4,950,000, the 2023 Promissory Note and the 2024 Promissory Note.

~~Risks~~On ~~and~~May 8, ~~Uncertainties~~2023, the Company issued the First Extension Promissory Note to the Sponsor, pursuant to which the Sponsor agreed to loan to the Company up to $630,000 to be deposited into the Trust Account (see Note 3). As of June 30, 2025, $355,000 had been borrowed under the First Extension Promissory Note.

~~The~~On ~~continuing~~November 8, ~~military~~2023, ~~conflict between~~ the ~~Russian~~Company ~~Federation~~issued ~~and~~the ~~Ukraine,~~Second ~~the~~Extension ~~military~~Promissory ~~conflict~~Note into the ~~Middle~~Sponsor, ~~East~~pursuant ~~and~~to which the ~~risk~~Sponsor ofagreed ~~escalations~~to ofloan ~~other~~to ~~military~~the ~~conflicts~~Company ~~have~~up ~~created~~to ~~and~~$359,503 ~~are expected~~ to ~~create~~be ~~global~~deposited ~~economic~~into ~~consequences.~~the ~~The~~Trust ~~specific~~Account ~~impact~~(see onNote ~~the~~3). ~~Company’s~~As ~~financial~~of ~~condition~~June 30, ~~results~~2025, ~~of operations~~$359,503 ~~and~~had ~~cash~~been ~~flows~~borrowed isunder ~~not determinable as of~~ the ~~date~~Second ofExtension ~~the~~Promissory ~~accompanying financial statements~~Note.

9On July 10, 2023, the Company issued the 2023 Promissory Note to the Sponsor, pursuant to which the Sponsor agreed to loan to the Company up to $1,500,000 (see Note 3). As of June 30, 2025, $1,500,000 had been borrowed under the 2023 Promissory Note.

~~Table~~On September 12, 2024, the Company issued the 2024 Promissory Note to the Sponsor, pursuant to which the Sponsor agreed to loan to the Company up to $3,000,000 (see Note 3). As of ~~Contents~~June 30, 2025, $922,913 had been borrowed under the September 2024 Note.

~~INTEGRAL~~On ~~ACQUISITION~~November 6, ~~CORPORATION~~2024, 1the Company issued the Third Extension Promissory Note to the Sponsor, pursuant to which the Sponsor agreed to loan to the Company up to $130,561 to be deposited into the Trust Account (see Note 3). As of June 30, 2025, $87,040 had been borrowed under the Third Extension Promissory Note.

~~NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS~~ 12

~~MARCH~~INTEGRAL ~~31,~~ACQUISITION ~~2025~~CORPORATION 1

~~Inflation~~NOTES ~~Reduction~~TO ~~Act~~UNAUDITED ofCONDENSED ~~2022~~FINANCIAL STATEMENTS

OnJUNE ~~August 16~~30, 2022, the IR Act was signed into federal law. The IR Act provides for, among other things, a new U.S. federal 1% Excise Tax on certain repurchases of stock by publicly traded U.S. domestic corporations and certain U.S. domestic subsidiaries of publicly traded foreign corporations occurring on or after January 1, 2023. The Excise Tax is imposed on the repurchasing corporation itself, not its stockholders from which shares are repurchased. The amount of the Excise Tax is generally 1% of the fair market value of the shares repurchased at the time of the repurchase. However, for purposes of calculating the Excise Tax, repurchasing corporations are permitted to net the fair market value of certain new stock issuances against the fair market value of stock repurchases during the same taxable year. In addition, certain exceptions apply to the Excise Tax. The Treasury has been given authority to provide regulations and other guidance to carry out and prevent the abuse or avoidance of the Excise Tax. In April 2024, the Treasury issued proposed regulations providing guidance with respect to the Excise Tax. Taxpayers may rely on these proposed regulations until final regulations are issued. Under the proposed regulations, liquidating distributions made by publicly traded domestic corporations are exempt from the Excise Tax. In addition, any redemptions that occur in the same taxable year as a liquidation is completed will also be exempt from such tax. 2025

~~Any~~On ~~redemption or other repurchase that occurs after December~~April 3130, ~~2022~~2024, ~~in connection with a Business Combination~~$900,000 ~~extension~~of ~~vote~~cash orwas ~~otherwise,~~released ~~may be subject~~ to the ~~Excise~~Company ~~Tax.~~by ~~Whether~~the ~~and~~Cartesian toEscrow ~~what~~Parties ~~extent~~for the ~~Company~~payment ~~would~~of ~~be subject to~~ the Company’s Excise Tax inliability. ~~connection~~Such ~~with~~amount awas ~~Business~~released ~~Combination,~~to ~~extension~~the ~~vote~~Company orsolely ~~otherwise~~for ~~would depend on a number of factors, including (i)~~ the ~~fair~~purpose ~~market value~~ of the ~~redemptions~~Company ~~and~~paying ~~repurchases in connection with~~ the ~~Business~~Excise ~~Combination,~~Tax ~~extension~~liability orand ~~otherwise,~~ (iii) ~~the~~ ~~structure~~under ofconditions aas ~~Business~~stipulated ~~Combination, (iii) the nature and amount of any PIPE or other equity issuances~~ in ~~connection with a Business Combination (or otherwise issued not in connection with a Business Combination, but issued within~~ the ~~same~~Flybondi ~~taxable year of a~~ Business Combination) Agreement and (ivii) ~~the~~ ~~content~~was ofheld ~~regulations~~by ~~and~~the ~~other~~Company ~~guidance~~in ~~from~~a ~~the~~segregated ~~Treasury~~bank account. In ~~addition~~October 2024, ~~because~~ the ~~Excise Tax would be payable by the~~ Company ~~and~~utilized ~~not by~~ the ~~redeeming holder~~$900,000 ~~the~~released ~~mechanics~~to ~~of any required payment of~~ the ~~Excise~~Company ~~Tax~~(along ~~have~~with ~~not~~other ~~been~~Company ~~determined.~~funds) ~~The foregoing could cause a reduction in the cash available on hand~~ to ~~complete~~pay ~~a Business Combination and in~~ the Company’s ~~ability~~Excise toTax ~~complete~~liability aof ~~Business Combination~~$1,076,073.

~~During~~In connection with the ~~second~~Company’s ~~quarter~~assessment of ~~2024~~going concern considerations in accordance with ASU 2014-15, Management has determined that the ~~Internal~~mandatory ~~Revenue~~liquidation ~~Service~~and ~~issued~~subsequent ~~final~~dissolution, ~~regulations~~should ~~with~~the ~~respect~~Company be unable to ~~the~~complete ~~timing~~a Business Combination, and ~~payment~~insufficient ofcash raises substantial doubt about the ~~Excise~~Company’s ~~Tax.~~ability ~~These~~to ~~regulations~~continue ~~provided~~as ~~that~~a ~~the~~going ~~filing~~concern. ~~and~~At ~~payment~~the ~~deadline~~Third ~~for~~Special ~~any~~Meeting, ~~liability~~the ~~incurred~~stockholders ~~during~~extended the ~~period~~Combination Period from ~~January~~November 15, ~~2023~~2024 to ~~December~~November 315, ~~2023~~2025; ~~would~~however, it is uncertain that the Company will be ~~October 31~~able to consummate a Business Combination within the Combination Period. If a Business Combination is not consummated within the Combination Period, ~~2024~~there will be a mandatory liquidation and subsequent dissolution of the Company. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after the Combination Period.

AsNote a2 ~~result~~— ofSignificant ~~the~~Accounting redemptions in 2024 in connection with the Third Special Meeting, the Company will be required to file a return and remit payment for 2024 Excise Tax liabilities on or before April 30, 2025. The Company is currently evaluating its options with respect to this obligation. On April 30, 2025, the Company filed its 2024 excise tax return. Policies

~~Notice~~Basis of ~~Delisting or Failure to Satisfy a Continued Listing Rule or Standard~~ Presentation

OnThe ~~June 28,~~accompanying ~~2023,~~unaudited ~~the~~condensed ~~Company~~financial ~~received~~statements ahave ~~deficiency~~been ~~notice~~prepared ~~from~~in ~~the~~accordance ~~Nasdaq~~with ~~Staff~~U.S. ~~notifying~~GAAP ~~the~~for ~~Company~~interim ~~that~~financial ~~for~~information and in accordance with the ~~prior~~instructions 30to ~~consecutive~~Form ~~business~~10-Q ~~days,~~and ~~its~~Article ~~MVLS~~8 ~~was~~of ~~below~~Regulation S-X of the ~~minimum~~SEC. ofCertain ~~$50 million~~information ~~required~~or ~~for~~footnote ~~continued~~disclosures ~~listing~~normally onincluded ~~Nasdaq~~in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted in the accompanying unaudited condensed financial statements, pursuant to the ~~Market~~rules ~~Value~~and ~~Standard~~regulations (of the ~~“First~~SEC ~~Nasdaq~~for ~~Notice”)~~interim financial reporting. ~~The~~Accordingly, ~~First~~the ~~Nasdaq~~accompanying ~~Notice~~unaudited ~~had~~condensed nofinancial ~~immediate~~statements ~~effect~~do onnot include all the ~~listing~~information and footnotes necessary for a complete presentation of financial position, results of operations, or ~~trading~~cash flows. In the opinion of Management, the ~~Company’s~~accompanying ~~securities~~unaudited oncondensed ~~Nasdaq.~~financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.

~~ten~~The accompanying unaudited condensed financial statements should be read in conjunction with the 2024 Annual Report. The interim results for the three and six months ended June 30, 2025 are not necessarily indicative of the results to be expected for the year ending December 31, 2025 or for any future interim periods.

OnEmerging ~~October 24,~~Growth ~~2023, the~~ Company received a second deficiency notice from the Nasdaq Staff indicating that it was not in compliance with the Minimum Total Holders Rule, which requires the Company to maintain at least 400 total holders for continued listing on the Nasdaq Global Market (the “Second Nasdaq Notice”). The Second Nasdaq Notice was only a notification of deficiency, not of imminent delisting, and had no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Market.

10The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the JOBS Act, and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.

~~Table~~Further, Section 102(b)(1) of ~~Contents~~the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the accompanying financial statements with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 13

~~NOTES~~INTEGRAL TOACQUISITION ~~UNAUDITED~~CORPORATION ~~CONDENSED FINANCIAL STATEMENTS~~ 1

~~MARCH~~NOTES ~~31,~~TO ~~2025~~UNAUDITED CONDENSED FINANCIAL STATEMENTS

InJUNE ~~accordance with Nasdaq Listing Rule 5810I(2)(A)(i)~~30, ~~the Second Nasdaq Notice stated that the Company had 45 calendar days, or until December 8, 2023, to submit a plan to regain compliance with the Minimum Total Holders Rule.~~ 2025

OnUse December 7, 2023, the Company applied to transfer its securities from the Nasdaq Global Market to the Nasdaq Capital Market. On December 18, 2023, the Company received a letter from the Nasdaq Staff approving its application to list its securities on the Nasdaq Capital Market. The Company’s securities were transferred to the Nasdaq Capital Market at the opening of ~~business on December 21, 2023. The First Nasdaq Notice and Second Nasdaq Notice are deemed to be resolved as a result of this transfer to the Nasdaq Capital Market.~~ Estimates

~~25-NSE~~The preparation of the accompanying financial statements in conformity with U.S. GAAP requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the accompanying financial statements and the reported amounts of expenses during the reporting period. Making estimates requires Management to exercise significant judgement. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the accompanying financial statements, which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, actual results could differ from those estimates.

~~Trading~~Cash ofheld the Company’s securities on the OTC commenced on November 11, 2024. On March 21, 2025, Nasdaq filed a Form 25-NSE to delist our securities from Nasdaq. Our Class Common Stock, Public Warrants, and Units are quoted on the OTC Pink Market under the symbols “INTE,” “INTEW” and “INTEU,” respectively. The delisting from Nasdaq and the commencement of trading on the OTC does not affect the Flybondi Business Combination, as the parties continue to work to effectuate the completion of the Flybondi Business Combination. The combined company, which will be Flybondi Holdings plc, has applied for listing of its securities on Nasdaq in ~~connection~~Trust ~~with the completion of the Business Combination.~~ Account

WeAs ~~are~~of aJune 30, ~~voluntary~~2025 ~~reporting~~and ~~entity~~December 31, ~~under~~2024, funds in the ~~Exchange~~Trust ~~Act,~~Account ~~with~~were ~~respect~~invested toin ~~continued~~an ~~disclosure~~interest-bearing ofdemand ~~financial~~deposit account. The demand deposit account generally has a readily determinable fair value and ~~operational~~is ~~information.~~classified as a Level 1 valuation.

~~Liquidity,~~Fair ~~Capital~~Value ~~Resources~~of ~~and~~Financial ~~Going Concern~~ Instruments

AsThe offair ~~March 31,~~value ~~2025,~~of the Company’s ~~had~~assets ~~$81~~and liabilities,~~141~~ inwhich ~~its~~qualify ~~operating~~as ~~bank~~financial ~~account~~instruments ~~and~~under aASC ~~working~~820, ~~capital~~approximates ~~deficit~~the ofcarrying $8amounts represented in the accompanying balance sheets,~~933,445.~~ primarily due to its short-term nature.

~~Prior~~The ~~to the completion of the IPO, the~~ Company’s ~~liquidity~~follows ~~needs had been satisfied through (i) a loan under~~ the ~~IPO~~guidance ~~Promissory~~in ~~Note,~~ASC an820 ~~unsecured~~for ~~promissory~~its ~~note~~financial ~~with~~assets ~~the Sponsor totaling $252,950~~ and ~~(ii) the~~liabilities ~~issuance~~that ofare ~~2,875,000~~re-measured ~~Class B~~and ~~Common~~reported ~~Stock~~ at ~~approximately~~fair ~~$0.009~~value ~~per~~at ~~share~~each ~~for~~reporting ~~gross proceeds of $25~~period,~~000.~~ ~~The~~and ~~IPO~~non-financial ~~Promissory~~assets ~~Note has been repaid~~ and noliabilities ~~other~~that ~~borrowings~~ are ~~permitted.~~re-measured ~~Subsequent~~and toreported ~~the~~at ~~consummation~~fair ofvalue ~~the~~at ~~IPO,~~least the Company’s liquidity needs have been satisfied through the issuance of the Private Placement Warrants, which generated gross proceeds of $4,950,000, the 2023 Promissory Note and the 2024 Promissory Noteannually.

OnThe ~~May 8,~~fair ~~2023,~~value of the Company’s ~~issued~~financial assets and liabilities reflects Management’s estimate of amounts that the ~~First~~Company ~~Extension~~would ~~Promissory~~have ~~Note~~received toin connection with the ~~Sponsor,~~sale ~~pursuant~~of tothe ~~which~~assets or paid in connection with the ~~Sponsor~~transfer ~~agreed~~of tothe ~~loan~~liabilities toin an orderly transaction between market participants at the ~~Company~~measurement update. toIn ~~$630~~connection with measuring the fair value of its assets and liabilities,~~000~~ the Company seeks to bemaximize ~~deposited~~the ~~into~~use of observable inputs (market data obtained from independent sources) and to minimize the ~~Trust~~use ~~Account~~of unobservable inputs (~~see~~internal ~~Note~~assumptions 3about how market participants would price assets and liabilities). AsThe offollowing ~~March 31,~~fair ~~2025,~~value ~~$355,000~~hierarchy ~~had~~is ~~been~~used ~~borrowed~~to ~~under~~classify assets and liabilities based on the ~~First~~observable ~~Extension~~inputs ~~Promissory~~and ~~Note.~~unobservable inputs used in order to value the assets and liabilities:

On● ~~November 8,~~Level ~~2023,~~1—Valuations ~~the~~based ~~Company~~on ~~issued~~unadjusted ~~the~~quoted ~~Second~~prices ~~Extension~~in ~~Promissory~~active ~~Note~~markets tofor ~~the~~identical ~~Sponsor,~~assets ~~pursuant~~or toliabilities ~~which~~that the ~~Sponsor~~Company ~~agreed~~has tothe ~~loan~~ability to ~~the~~access. ~~Company~~Valuation upadjustments toand ~~$359,503~~block todiscounts beare ~~deposited~~not ~~into~~being ~~the~~applied. ~~Trust~~Since ~~Account~~valuations ~~(see~~are ~~Note~~based ~~3).~~on Asquoted ofprices ~~March 31,~~that ~~2025,~~are ~~$359~~readily and regularly available in an active market,~~503~~ ~~had~~valuation ~~been~~of ~~borrowed~~these ~~under~~securities ~~the~~does ~~Second~~not ~~Extension~~entail ~~Promissory~~a ~~Note.~~significant degree of judgment.

On● ~~July 10,~~Level ~~2023,~~2—Valuations ~~the~~based ~~Company~~on ~~issued~~(i) ~~the~~quoted ~~2023~~prices ~~Promissory~~in ~~Note~~active tomarkets ~~the~~for ~~Sponsor~~similar assets and liabilities, ~~pursuant~~(ii) toquoted ~~which~~prices ~~the~~in ~~Sponsor~~markets ~~agreed~~that toare ~~loan~~not toactive ~~the~~for ~~Company~~identical upor tosimilar $1assets,~~500,000~~ (~~see~~iii) ~~Note~~inputs ~~3).~~other Asthan ofquoted ~~March 31,~~prices ~~2025,~~for $1the assets or liabilities,~~500,000~~ ~~had~~or ~~been~~(iv) ~~borrowed~~inputs ~~under~~that ~~the~~are ~~2023~~derived ~~Promissory~~principally ~~Note.~~from or corroborated by market through correlation or other means.

On● ~~September 12,~~Level ~~2024,~~3—Valuations ~~the~~based ~~Company~~on ~~issued~~inputs ~~the~~that ~~2024~~are ~~Promissory~~unobservable ~~Note~~and tosignificant ~~the Sponsor, pursuant~~ to ~~which~~ the ~~Sponsor~~overall ~~agreed~~fair tovalue ~~loan to the Company up to $3,000,000 (see Note 3)~~measurement. ~~As of March 31, 2025, $759,493 had been borrowed under the September 2024 Note.~~

On November 6, 2024, the Company issued the Third Extension Promissory Note to the Sponsor, pursuant to which the Sponsor agreed to loan to the Company up to $130,561 to be deposited into the Trust Account (see Note 3). As of March 31, 2025, $54,400 had been borrowed under the Third Extension Promissory Note. 14

OnINTEGRAL ~~April 30,~~ACQUISITION ~~2024,~~CORPORATION $900,000 of cash was released to the Company by the Cartesian Escrow Parties for the payment of the Company’s Excise Tax liability. Such amount was released to the Company solely for the purpose of the Company paying the Excise Tax liability and (i) under conditions as stipulated in the Flybondi Business Combination Agreement and (ii) was held by the Company in a segregated bank account. In October 2024, the Company utilized the $900,000 released to the Company (along with other Company funds) to pay the Company’s Excise Tax liability of $1~~,076,073.~~

11NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~Table~~JUNE of30, ~~Contents~~2025

~~INTEGRAL~~Derivative ~~ACQUISITION~~Financial ~~CORPORATION 1~~ Instruments

~~NOTES~~The TOCompany ~~UNAUDITED~~evaluates ~~CONDENSED~~its ~~FINANCIAL~~financial ~~STATEMENTS~~instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC 815. Derivative instruments are initially recorded at fair value on the grant date and re-valued at each reporting date, with changes in the fair value reported in the accompanying statements of operations. Derivative assets and liabilities are classified in the accompanying balance sheets as current or non-current based on whether or not net-cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date.

~~MARCH~~Income ~~31, 2025~~ Taxes

~~ASU 2014-15,~~The Company accounts for income taxes under ASC 740. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.

While ASC 740 identifies usage of an effective annual tax rate for purposes of an interim provision, it does allow for estimating individual elements in the current period if they are significant, unusual or infrequent. Computing the effective tax rate for the Company is complicated due to the potential impact of the timing of any Business Combination expenses and the actual interest income that will be recognized during the year. The Company has taken a position as to the calculation of income tax expense in a current period based on ASC 740-270-25-3 which states, “if an entity is unable to estimate a part of its ordinary income (or loss) or the related tax (benefit) but is otherwise able to make a reasonable estimate, the tax (or benefit) applicable to the item that cannot be estimated shall be reported in the interim period in which the item is reported.” The Company believes its calculation to be a reliable estimate and allows it to properly take into account the usual elements that can impact its annualized book income and its impact on the effect tax rate. As such, the Company is computing its taxable income (loss) and associated income tax provision based on actual results through June 30, 2025.

~~Note~~As 2of —June 30, ~~Significant~~2025 ~~Accounting~~and ~~Policies~~December 31, 2024, the Company’s deferred tax asset had a full valuation allowance recorded against it. The effective tax rate differs from the statutory tax rate of 21% for the three and six months ended June 30, 2025 due to New York State and City taxes, Business Combination related expenses and the valuation allowance on the deferred tax assets. The effective tax rate differs from the statutory tax rate of 21% for the three and six months ended June 30, 2024, due to changes the valuation allowance on the deferred tax assets. The Company’s effective tax rate was 1.9% and (12.3)% for the three months ended June 30, 2025 and 2024, respectively, and 0.0% and (15.4)% for the six months ended June 30, 2025 and 2024, respectively.

~~Basis~~ASC 740 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of ~~Presentation~~a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition.

~~10-Q~~The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

~~S-X~~15

~~The~~INTEGRAL ~~accompanying~~ACQUISITION ~~unaudited~~CORPORATION condensed financial statements should be read in conjunction with the 2024 Annual Report. The interim results for the three months ended March 31, 2025 are not necessarily indicative of the results to be expected for the year ending December 31, 2025 or for any future interim periods. 1

~~Emerging~~NOTES ~~Growth~~TO ~~Company~~UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~The~~JUNE ~~Company is an “emerging growth company~~30,” as defined in Section 2(a) of the Securities Act, as modified by the JOBS Act, and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. 2025

~~non~~The Company records uncertain tax positions in accordance with ASC 740 on the basis of a two-~~emerging~~step process in which (1) the Company determines whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. In the 2024 Annual Report, the Company reported an uncertain tax position related the deduction of start-up and operating costs for tax return purposes. The Company has amended its 2023 corporate income tax return. As such, the uncertain tax position no longer exists. At June 30, 2025 and December 31, 2024, the Company reported $0 and $371,214 on the accompanying condensed balance sheets for this uncertainty.

~~Use~~The Company is subject to income taxation by major taxing authorities since its inception. The Company files US federal and New York City and State tax returns and is subject to examination by various taxing authorities. These examinations may include questioning the timing and amount of ~~Estimates~~deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. Management does not expect that the total amount of unrecognized tax benefits will materially change over the next 12 months.

~~The~~Common ~~preparation~~Stock ofSubject ~~the accompanying financial statements in conformity with U.S. GAAP requires Management~~ to ~~make~~Possible estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the accompanying financial statements and the reported amounts of expenses during the reporting period. Making estimates requires Management to exercise significant judgement. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the accompanying financial statements, which Management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, actual results could differ from those estimates. Redemption

12All of the Class A Common Stock sold as part of the Units in the IPO contain a redemption feature that allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a stockholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Amended and Restated Charter. In accordance with SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, redemption provisions not solely within the control of the Company require Common Stock subject to redemption to be classified outside of permanent equity. Therefore, all shares of redeemable Class A Common Stock have been classified outside of permanent equity.

~~Table~~The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of ~~Contents~~redeemable Common Stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable Common Stock are affected by charges against additional paid in capital and accumulated deficit.

~~INTEGRAL~~The ~~ACQUISITION~~Class ~~CORPORATION~~A 1Common Stock subject to possible redemption reflected on the accompanying balance sheets as of June 30, 2025 and December 31, 2024 is reconciled in the following table:

~~NOTES~~Class TOA ~~UNAUDITED~~Common ~~CONDENSED~~Stock ~~FINANCIAL~~subject ~~STATEMENTS~~to possible redemption

MARCH 31, 2025


	Shares			Amount
January 1, 2024		1,198,342		$	12,923,657
Less:
Redemptions		(835,672	)		(9,538,763	)
Plus:
Remeasurement of carrying value to redemption value		-			684,313
December 31, 2024		362,670		$	4,069,207
Plus:
Remeasurement of carrying value to redemption value		-			83,101
June 30, 2025		362,670		$	4,152,308

~~Cash held in Trust Account~~ 16

AsINTEGRAL ofACQUISITION ~~March 31,~~CORPORATION 2025 and December 31, 2024, funds in the Trust Account were invested in an interest-bearing demand deposit account. The demand deposit account generally has a readily determinable fair value and is classified as a Level 1 ~~valuation.~~

~~Fair~~NOTES ~~Value~~TO ofUNAUDITED ~~Financial~~CONDENSED ~~Instruments~~FINANCIAL STATEMENTS

~~The~~JUNE ~~fair value of the Company’s assets and liabilities~~30, ~~which qualify as financial instruments under ASC 820, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to its short-term nature.~~ 2025

~~re-measured~~Net Loss Per Common Stock

~~non-financial~~The Company complies with the accounting and disclosure requirements of ASC 260. Net loss per Common Stock is computed by dividing net loss by the weighted average number of shares of Common Stock outstanding during the period. At June 30, 2025 and 2024, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into Common Stock and then share in the earnings of the Company. As a result, diluted loss per Common Stock is the same as basic loss per Common Stock for the periods presented.

reThe accompanying statements of operations apply the two-~~measured~~class method in calculating net loss per share. Basic and diluted net loss per Common Stock for redeemable Class A Common Stock and non-redeemable Class A and Class B Common Stock is calculated by dividing net loss attributable to the Company by the weighted average number of shares of redeemable Class A Common Stock and non-redeemable Class A and Class B Common Stock outstanding, allocated proportionally to each class of Common Stock.

The fair value of the Company’s financial assets and liabilities reflects Management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:


	For the Three Months Ended June 30,
	2025						2024
	Redeemable Class A			Non-Redeemable Class A And Class B			Redeemable Class A			Non-Redeemable Class A And Class B
Basic and diluted net loss per share
Numerator:
Allocation of net loss	$	(63,987	)	$	(507,243	)	$	(116,034	)	$	(278,383	)
Denominator:
Basic and diluted weighted average shares outstanding		362,670			2,875,000			1,198,342			2,875,000

Basic and diluted net loss per share	$	(0.18	)	$	(0.18	)	$	(0.10	)	$	(0.10	)

• Level 1—Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block discounts are not being applied. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these securities does not entail a significant degree of judgment.


	For the Six Months Ended June 30,
	2025						2024
	Redeemable Class A			Non-Redeemable Class A And Class B			Redeemable Class A			Non-Redeemable Class A And Class B
Basic and diluted net loss per share
Numerator:
Allocation of net loss	$	(127,084	)	$	(1,007,435	)	$	(192,534	)	$	(461,918	)
Denominator:
Basic and diluted weighted average shares outstanding		362,670			2,875,000			1,198,342			2,875,000

Basic and diluted net loss per share	$	(0.35	)	$	(0.35	)	$	(0.16	)	$	(0.16	)

•Recent ~~Level~~Accounting 2 —Valuations based on (i) quoted prices in active markets for similar assets and liabilities, (ii) quoted prices in markets that are not active for identical or similar assets, (iii) inputs other than quoted prices for the assets or liabilities, or (iv) inputs that are derived principally from or corroborated by market through correlation or other means.Pronouncements

•In ~~Level~~December 2023, 3the ~~—Valuations~~FASB ~~based~~issued onASU ~~inputs~~2023-09, ~~that~~which ~~are~~requires ~~unobservable~~disclosure of incremental income tax information within the rate reconciliation and ~~significant~~expanded todisclosures of income taxes paid, among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. Management does not believe the ~~overall~~adoption ~~fair~~of ~~value~~ASU ~~measurement~~2023-09 will have a material impact on the Company’s financial statements and disclosures.

13 17

~~Table~~INTEGRAL ofACQUISITION ~~Contents~~CORPORATION 1

~~INTEGRAL~~NOTES ~~ACQUISITION~~TO ~~CORPORATION~~UNAUDITED 1CONDENSED FINANCIAL STATEMENTS

~~NOTES~~JUNE TO30, ~~UNAUDITED CONDENSED FINANCIAL STATEMENTS~~ 2025

~~MARCH~~In 31November 2024, ~~2025~~the FASB issued ASU 2024-03, “Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses”, requiring public entities to disclose additional information about specific expense categories in the notes to the financial statements on an interim and annual basis. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2024-03.

~~Derivative~~Management ~~Financial~~does ~~Instruments~~not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.

~~re-valued~~Note 3 — Related Party Transactions

~~non-current~~Working Capital Loans—Convertible

~~net-cash~~On July 10, 2023, the Company issued the 2023 Promissory Note to the Sponsor in an amount of up to $1,500,000 in connection with the convertible Working Capital Loans. The 2023 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. Additionally, at the option of the Sponsor, the unpaid principle may be converted into warrants at a conversion price of $1.00 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the convertible Working Capital Loans. As of June 30, 2025 and December 31, 2024, the Company owed $1,500,000 under the 2023 Promissory Note and reported the amounts as Working Capital Loans—convertible on the accompanying balance sheets.

~~Income~~Administrative ~~Taxes~~ Fees

~~The~~Pursuant ~~Company~~to ~~accounts~~the ~~for~~Services ~~income~~Agreement, ~~taxes~~the ~~under~~Company ~~ASC~~has ~~740.~~agreed ~~ASC~~to ~~740~~pay ~~requires~~ the ~~recognition~~Sponsor a total of ~~deferred~~$20,000 ~~tax~~per ~~assets~~month for office space, utilities, and ~~liabilities~~secretarial ~~for~~and ~~both~~administrative ~~the~~support. ~~expected~~Upon ~~impact~~completion of ~~differences~~the ~~between~~Business Combination or the ~~financial~~Company’s ~~statements~~liquidation, ~~and~~the ~~tax~~Company ~~basis~~will ofcease ~~assets~~paying ~~and~~these ~~liabilities~~monthly ~~and~~fees. ~~for~~Total ~~the~~administrative ~~expected~~fee ~~future~~for ~~tax~~the ~~benefit~~three toand besix ~~derived~~months ~~from~~ended ~~tax~~June 30, ~~loss~~2025 and ~~tax~~2024 ~~credit~~are ~~carry~~$60,000 ~~forwards.~~and ~~ASC~~$120,000 ~~740~~respectively. ~~additionally~~At ~~requires~~June 30, a2025 ~~valuation~~and ~~allowance~~December 31, to2024, be$100,000 ~~established~~and ~~when~~$120,000 it is ~~more~~reported ~~likely~~on ~~than~~the ~~not~~accompanying ~~that~~balance ~~all~~sheets oras adue ~~portion~~to ofthe ~~deferred~~Sponsor ~~tax~~for ~~assets~~the ~~will~~administrative ~~not be realized~~fees.

~~740-270-25-3~~Promissory Notes — Related Party

~~reasonable~~On May 8, 2023, the Company issued the First Extension Promissory Note to the Sponsor in an amount of up to $630,000 to be deposited into the Trust Account ($105,000 per month following the 5th of each month through November 3, 2023) for the benefit of the Public Stockholders who did not redeem their Public Shares in connection with the First Extension. The First Extension Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. At June 30, 2025 and December 31, 2024, the Company had $355,000 of borrowings under the First Extension Promissory Note.

AsOn ~~of March~~November 318, ~~2025~~2023, ~~and~~the ~~December 31,~~Company ~~2024,~~issued the ~~Company’s~~Second ~~deferred~~Extension ~~tax~~Promissory ~~asset~~Note ~~had~~in athe ~~full~~aggregate ~~valuation~~principal ~~allowance~~amount ~~recorded~~of ~~against~~up itto $359,503 to the Sponsor. The ~~effective~~Second ~~tax~~Extension ~~rate~~Promissory ~~differs~~Note ~~from~~bears ~~the~~no ~~statutory~~interest ~~tax~~and ~~rate~~is ofrepayable ~~21%~~in ~~for~~full upon the ~~year~~earlier ~~ended~~to ~~March 31,~~occur ~~2025~~of ~~due~~(i) tothe ~~New~~date ~~York~~on ~~State~~which ~~and~~the ~~City~~Company ~~taxes,~~consummates a Business Combination ~~related expenses~~ and (ii) the ~~valuation~~date ~~allowance~~of on the ~~deferred~~liquidation ~~tax~~of ~~assets~~the Company. The ~~effective~~Company ~~tax~~deposited ~~rate~~$29,959 ~~differs~~into ~~from~~ the ~~statutory~~Trust ~~tax~~Account ~~rate of 21%~~ for ~~the~~each ~~three~~calendar ~~months~~month ~~ended~~(commencing ~~March~~on November 318, ~~2024,~~2023 ~~due~~and toending ~~changes~~on the ~~valuation~~5th ~~allowance~~day onof ~~the~~each ~~deferred~~subsequent ~~tax~~month), ~~assets.~~or ~~The~~portion ~~Company’s~~thereof, ~~effective~~that ~~tax~~was ~~rate~~needed ~~was~~by ~~(2.1)%~~the ~~and~~Company ~~20.4%~~to ~~for~~complete ~~the~~an ~~three~~initial ~~months~~Business ~~ended~~Combination ~~March~~until November 315, 2024. At June 30, 2025 and December 31, 2024, ~~respectively.~~the Company had $359,503 of borrowings under the Second Extension Promissory Note.

~~more-likely-than-not~~18

~~The~~INTEGRAL ~~Company~~ACQUISITION ~~recognizes~~CORPORATION accrued interest and penalties related to unrecognized tax benefits as income tax expense. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. 1

~~two-step~~NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~more-likely-than-not~~JUNE 30, 2025

~~10-K~~On September 12, 2024, the Company issued the 2024 Promissory Note in the aggregate principal amount of up to $3,000,000 to the Sponsor. The 2024 Promissory Note was issued in connection with advances the Sponsor has made, and may make in the future, to the Company for working capital and transaction expenses. The 2024 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates its initial Business Combination and (ii) the date that the winding up of the Company is effective. At June 30, 2025 and December 31, 2024, the Company had $922,913 and $531,493, respectively, of borrowings under the 2024 Promissory Note.

~~start-~~On November 6, 2024, the Company issued the Third Extension Promissory Note in the aggregate principal amount of up to $130,561 to the Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. Additionally, the Company has deposited will continue to deposit $10,880 into the Trust Account for each calendar month (commencing on November 6, 2024 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by the Company to complete an initial Business Combination until November 5, 2025, and such amount will be distributed either to: (i) all of the holders of Public Shares upon the Company’s liquidation or (ii) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At June 30, 2025 and December 31, 2024, the Company had $87,040 and $21,760, respectively, of borrowings under the Third Extension Promissory Note.

~~The~~Note ~~Company~~4 is— ~~subject~~Commitments ~~to income taxation by major taxing authorities since its inception. The Company files US federal~~ and New York City and State tax returns and is subject to examination by various taxing authorities. These examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. Management does not expect that the total amount of unrecognized tax benefits will materially change over the next 12 months. Contingencies

14Registration Rights Agreement

~~Table~~The holders of ~~Contents~~the (i) Founder Shares, (ii) Private Placement Warrants and (iii) warrants that may be issued upon conversion of Working Capital Loans (and in each case holders of their underlying securities, as applicable), have registration rights to require the Company to register a sale of any of the Company’s securities held by the holders prior to the consummation of the initial Business Combination pursuant to the Registration Rights Agreement. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

~~INTEGRAL~~Anchor ~~ACQUISITION CORPORATION 1~~ Investment

~~NOTES~~The TOAnchor ~~UNAUDITED~~Investors ~~CONDENSED~~purchased ~~FINANCIAL~~an ~~STATEMENTS~~aggregate of approximately $60.8 million of the Units in the IPO at the public offering price. There can be no assurance that the Anchor Investors will retain their Units prior to or upon the consummation of the initial Business Combination. In addition, none of the Anchor Investors has any obligation to vote any of their Public Shares in favor of the initial Business Combination.

~~MARCH~~The 31Anchor Investors have not been granted any stockholder or other rights that are in addition to those granted to our other Public Stockholders, ~~2025~~and were only issued equity interests in the Sponsor, with no right to control the Sponsor or vote or dispose of any securities held by the Sponsor. Further, unlike some anchor investor arrangements of other blank check companies, the Anchor Investors are not required to (i) hold any Units, Class A Common Stock or Public Warrants they may have purchased in the IPO or thereafter for any amount of time, (ii) vote any shares of Class A Common Stock they may own at the applicable time in favor of our initial Business Combination or (iii) refrain from exercising their right to redeem their Public Shares at the time of the Business Combination. The Anchor Investors have the same rights to the funds held in the Trust Account with respect to any Public Shares they hold as the rights afforded to the other Public Stockholders.

~~Common Stock Subject to Possible Redemption~~ 19

~~480-10-S99,~~INTEGRAL ACQUISITION CORPORATION 1

~~The~~NOTES ~~Company~~TO ~~recognizes~~UNAUDITED ~~changes~~CONDENSED inFINANCIAL redemption value immediately as they occur and adjusts the carrying value of redeemable Common Stock to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable Common Stock are affected by charges against additional paid in capital and accumulated deficit. STATEMENTS

~~The~~JUNE ~~Class A Common Stock subject to possible redemption reflected on the accompanying balance sheets as of March 31~~30, 2025 ~~and December 31, 2024 is reconciled in the following table:~~

~~Class A~~Contingent ~~Common~~Business ~~Stock~~Combination ~~subject to possible redemption~~ Expenses

	Shares			Amount
January 1, 2024		1,198,342		$	12,923,657
Less:
Redemptions		(835,672	)		(9,538,763	)
Plus:
Remeasurement of carrying value to redemption value		—			684,313
December 31, 2024		362,670		$	4,069,207
January 1, 2025		362,670		$	4,069,207
Less:
Redemptions payable		(348,502	)		(3,942,531	)
Plus:
Remeasurement of carrying value to redemption value		—			55,537
March 31, 2025		14,168		$	182,213

In connection with the Company’s proposed Business Combination with Flybondi, the Company has incurred approximately $240,000 in contingent Business Combination related expenses and paid $25,000. The remaining $215,000 is due upon the Closing of the Flybondi Business Combination.

15On June 4, 2025, the Company and Flybondi entered into the Mutual Termination Consent, pursuant to which the Company and Flybondi mutually agreed to terminate the Business Combination Agreement and to abandon the transactions contemplated thereby. As the proposed Business Combination has been terminated, the approximately $215,000 in contingent Business Combination related expenses are no longer payable.

~~Table~~As of ~~Contents~~June 30, 2025 and December 31, 2024, the Company has not recognized these contingent expenses.

~~INTEGRAL~~Excise ~~ACQUISITION CORPORATION 1~~ Tax

~~NOTES~~In TOconnection ~~UNAUDITED~~with ~~CONDENSED~~the ~~FINANCIAL~~votes ~~STATEMENTS~~to amend the Amended and Restated Charter at the First Special Meeting and the Second Special Meeting, holders of 10,301,658 shares of Class A Common Stock properly exercised their right to redeem their Public Shares for an aggregate redemption amount of $107,607,366. As such, the Company recorded a 1% Excise Tax liability in the amount of $1,076,073 on the accompanying balance sheet as of December 31, 2023.

~~MARCH~~In 31connection with the vote to amend the Amended and Restated Charter at the Third Special Meeting, ~~2025~~Public Stockholders holding 835,672 Public Shares properly exercised their right to redeem such Public Shares for a pro rata portion of the funds in the Trust Account. As a result, approximately $9.5 million (approximately $11.41 per share) was removed from the Trust Account to pay such redeeming Public Stockholders. As such, the Company recorded a 1% Excise Tax liability.

~~Net~~In ~~Loss~~connection ~~Per~~with the March 2025 Special Meeting, stockholders holding an aggregate of 348,502 shares of Class A Common Stock included in the Units sold in the Company’s Initial Public Offering contingently exercised their right to redeem their Public Shares for cash at a redemption price of approximately $11.31 per share for an aggregate redemption amount of approximately $3.94 million. With the termination of the proposed Business Combination with Flybondi, the shares submitted for redemption were not redeemed.

~~The~~On ~~Company~~April 30, ~~complies~~2024, in association with the ~~accounting~~Flybondi ~~and~~Business ~~disclosure~~Combination ~~requirements~~Agreement, ofthe ~~ASC~~Cartesian ~~260.~~Escrow ~~Net~~Parties ~~loss~~released ~~per~~$900,000 ~~Common~~to ~~Stock~~the isCompany ~~computed~~solely byfor ~~dividing~~the ~~net~~purpose ~~loss~~of bythe Company paying the ~~weighted~~Excise ~~average~~Tax ~~number~~liability ofand ~~shares~~(i) ofunder ~~Common~~conditions ~~Stock~~as ~~outstanding~~stipulated ~~during~~in the ~~period.~~Flybondi AtBusiness ~~March 31,~~Combination ~~2025~~Agreement and ~~2024,~~(ii) ~~the~~which ~~Company~~was ~~did not~~held ~~have~~by ~~any~~the ~~dilutive~~Company ~~securities~~in ~~and~~a ~~other~~segregated ~~contracts~~bank ~~that~~account. ~~could~~On October 23, ~~potentially~~2024, bethe ~~exercised~~Company orfiled ~~converted~~its ~~into~~Excise ~~Common~~Tax ~~Stock~~return and ~~then~~utilized ~~share in~~ the ~~earnings of the Company. As a result~~$900,000 ~~diluted~~released ~~loss~~to ~~per Common Stock is~~ the ~~same~~Company as(along ~~basic~~with ~~loss~~other ~~per~~Company ~~Common~~funds) ~~Stock~~and ~~for~~paid ~~the~~$1,076,073 ~~periods~~in ~~presented.~~excise taxes.

~~two~~As a result of the redemptions in 2024 in connection with the Third Special Meeting, the Company was required to file a return and remit payment for 2024 excise tax liabilities on or before April 30, 2025. On April 30, 2025, the Company filed its 2024 excise tax return. On June 4, 2025, the Company paid $97,300 in connection with the 2024 excise tax, including penalties and interest. At June 30, 2025 and December 31, 2024, the Company reported an Excise Tax Liability of $0 and $95,388, respectively, on the accompanying balance sheets. The liability does not impact the accompanying statements of operations and is offset against additional paid-~~class~~in capital or accumulated deficit if additional paid-in capital is not available.

~~non-redeemable~~20

~~non-redeemable~~INTEGRAL ACQUISITION CORPORATION 1

	For the Three Months Ended March 31,
	2025						2024
	Redeemable Class A			Non-Redeemable Class A And Class B			Redeemable Class A			Non-Redeemable Class A And Class B
Basic and diluted net loss per share
Numerator:
Allocation of net loss	$	(62,498	)	$	(500,791	)	$	(76,500	)	$	(183,535	)
Denominator:
Basic and diluted weighted average shares outstanding		358,798			2,875,000			1,198,342			2,875,000
Basic and diluted net loss per share	$	(0.17	)	$	(0.17	)	$	(0.06	)	$	(0.06	)

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~Recent~~JUNE ~~Accounting~~30, ~~Pronouncements~~ 2025

InNote ~~December~~5 ~~2023,~~— the FASB issued ASU 2023-09, which requires disclosure of incremental income tax information within the rate reconciliation and expanded disclosures of income taxes paid, among other disclosure requirements. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. Management does not believe the adoption of ASU 2023-09 will have a material impact on the CompanyStockholders’s ~~financial statements and disclosures.~~ Deficit

~~Management~~Preferred ~~does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements.~~ Stock

16The Company is authorized to issue 1,000,000 shares of preferred stock with a par value of $0.0001 per share with such designations, voting and other rights and preferences as may be determined from time to time by the Board of Directors. At June 30 2025 and December 31, 2024, there were no shares of preferred stock issued or outstanding.

~~Table~~Class ofA ~~Contents~~Common Stock

~~INTEGRAL~~The ~~ACQUISITION~~Company ~~CORPORATION~~is 1authorized to issue 100,000,000 shares of Class A Common Stock with a par value of $0.0001 per share. Holders of Class A Common Stock are entitled to one vote for each share. As of June 30, 2025 and December 31, 2024, there were 2,874,999 shares of Class A Common Stock issued and outstanding, excluding 362,670 shares subject to possible redemption, respectively.

~~NOTES~~The TO2,874,999 ~~UNAUDITED~~shares ~~CONDENSED~~of ~~FINANCIAL~~Class ~~STATEMENTS~~A Common Stock (consisting of 2,824,999 shares to the Sponsor and 50,000 shares to an Anchor Investor) represent Founder Shares and are subject to, among other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of a Business Combination, as described in the IPO Registration Statement.

~~MARCH~~Class ~~31,~~B ~~2025~~Common Stock

~~Note~~The Company 3is —authorized ~~Related~~to ~~Party~~issue ~~Transactions~~10,000,000 shares of Class B Common Stock with a par value of $0.0001 per share. Holders of the Class B Common Stock are entitled to one vote for each share. At June 30, 2025 and December 31, 2024, there was 1 one share of Class B Common Stock issued and outstanding.

The Class B Common Stock will automatically convert into Class A Common Stock concurrently with or immediately following the consummation of the initial Business Combination, or at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and subject to further adjustment as provided herein. In the case that additional shares of Class A Common Stock or equity-linked securities are issued or deemed issued in connection with the initial Business Combination, the number of shares of Class A Common Stock issuable upon conversion of all Founder Shares will equal, in the aggregate, on an as-converted basis, 20% of the total number of shares of Class A Common Stock outstanding after such conversion (after giving effect to any redemptions of shares of Class A Common Stock by Public Stockholders), including the total number of shares of Class A Common Stock issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of the initial Business Combination, excluding any shares of Class A Common Stock or equity-linked securities or rights exercisable for or convertible into shares of Class A Common Stock issued, or to be issued, to any seller in the initial Business Combination and any warrants issued to the Sponsor, officers or directors upon conversion of the Working Capital Loans~~—Convertible~~, provided that such conversion of Founder Shares will never occur on a less than one-for-one basis.

On July 10, 2023, the Company issued the 2023 Promissory Note to the Sponsor in an amount of up to $1,500,000 in connection with the convertible Working Capital Loans. The 2023 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. Additionally, at the option of the Sponsor, the unpaid principle may be converted into warrants at a conversion price of $1.00 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay the convertible Working Capital Loans. As of March 31, 2025 and December 31, 2024, the Company owed $1,500,000 under the 2023 Promissory Note and reported the amounts as Working Capital Loans—convertible on the accompanying balance sheets.

~~Administrative~~Each ~~Fees~~whole Warrant entitles the registered holder to purchase one share of the Class A Common Stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business Combination. Pursuant to the Warrant Agreement, a warrant holder may exercise its Warrants only for a whole number of shares of Class A Common Stock. This means that only a whole Warrant may be exercised at any given time by a warrant holder. No fractional Warrants were issued upon separation of the Units and only whole Warrants trade. The Warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

Pursuant to the Services Agreement, the Company has agreed to pay the Sponsor a total of $20,000 per month for office space, utilities, and secretarial and administrative support. Upon completion of the Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. Total administrative fee for the three months ended March 31, 2025 and 2024 are $60,000, respectively. At March 31, 2025 and December 31, 2024, $120,000 is reported on the accompanying balance sheets as due to the Sponsor for the administrative fees. 21

~~Promissory~~INTEGRAL ~~Notes~~ACQUISITION –CORPORATION ~~Related Party~~ 1

OnNOTES ~~May 8,~~TO ~~2023,~~UNAUDITED ~~the~~CONDENSED ~~Company~~FINANCIAL issued the First Extension Promissory Note to the Sponsor in an amount of up to $630,000 to be deposited into the Trust Account ($105,000 per month following the 5th of each month through November 3, 2023) for the benefit of the Public Stockholders who did not redeem their Public Shares in connection with the First Extension. The First Extension Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. At March 31, 2025 and December 31, 2024, the Company had $355,000 of borrowings under the First Extension Promissory Note. STATEMENTS

OnJUNE ~~November 8~~30, 2023, the Company issued the Second Extension Promissory Note in the aggregate principal amount of up to $359,503 to the Sponsor. The Second Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which the Company consummates a Business Combination and (ii) the date of the liquidation of the Company. The Company deposited $29,959 into the Trust Account for each calendar month (commencing on November 8, 2023 and ending on the 5th day of each subsequent month), or portion thereof, that was needed by the Company to complete an initial Business Combination until November 5, 2024. At March 31, 2025 ~~and December 31, 2024, the Company had $359,503 and $359,503, respectively, of borrowings under the Second Extension Promissory Note.~~

OnThe ~~September 12,~~Company ~~2024,~~has ~~the~~agreed ~~Company~~that ~~issued~~as ~~the~~soon ~~2024~~as ~~Promissory~~practicable, ~~Note~~but in ~~the~~no ~~aggregate~~event ~~principal~~later ~~amount~~than 15 business days after the closing of upits toinitial $3Business Combination,~~000,000~~ the Company will use its best efforts to file with the ~~Sponsor.~~SEC ~~The~~a ~~2024~~registration ~~Promissory~~statement ~~Note~~covering ~~was~~the ~~issued~~shares inof ~~connection~~Class ~~with~~A ~~advances~~Common ~~the~~Stock ~~Sponsor~~issuable ~~has~~upon ~~made~~exercise of the Warrants, to cause such registration statement to become effective and ~~may~~to ~~make~~maintain ina ~~the~~current ~~future,~~prospectus relating to those shares of Class A Common Stock until the ~~Company~~Warrants ~~for~~expire ~~working~~or ~~capital~~are ~~and~~redeemed, ~~transaction~~as ~~expenses~~specified in the Warrant Agreement. ~~The~~If ~~2024~~a ~~Promissory~~registration ~~Note~~statement ~~bears~~covering nothe ~~interest~~shares ~~and~~of isClass ~~due~~A ~~and~~Common ~~payable~~Stock issuable upon exercise of the ~~earlier~~Warrants tois ~~occur~~not ofeffective ~~(i)~~ by the ~~date~~60th onbusiness ~~which~~day after the ~~Company~~closing ~~consummates~~of ~~its~~the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise Warrants on a “cashless basis” in accordance with Section 3(iia) (9) of the ~~date~~Securities ~~that~~Act or another exemption. Notwithstanding the ~~winding~~foregoing, upif a registration statement covering the Class A Common Stock issuable upon exercise of the ~~Company~~Warrants is not effective. Atwithin ~~March 31,~~a ~~2025~~specified ~~and~~period ~~December 31~~following the consummation of the initial Business Combination, ~~2024~~warrant holders may, until such time as there is an effective registration statement and during any period when the Company ~~had~~shall ~~$759,493~~have ~~and~~failed ~~$531~~to maintain an effective registration statement,~~493,~~ ~~respectively~~exercise Warrants on a cashless basis pursuant to the exemption provided by Section 3(a)(9) of the Securities Act, provided that such exemption is available. Redemption of ~~borrowings~~Warrants ~~under~~when the ~~2024~~price ~~Promissory~~per ~~Note.~~share of Class A Common Stock equals or exceeds $18.00.

OnOnce ~~November 6, 2024,~~ the ~~Company~~Warrants ~~issued~~become ~~the Third Extension Promissory Note in the aggregate principal amount of up to $130~~exercisable,~~561 to~~ the ~~Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which the~~ Company ~~consummates~~may aredeem ~~Business Combination and (ii)~~ the ~~date~~outstanding ofWarrants ~~the liquidation of the Company. Additionally, the Company has deposited will continue to deposit $10,880 into the Trust Account for each calendar month~~ (~~commencing~~except onas ~~November 6,~~described ~~2024~~herein ~~and~~with ~~ending~~respect ~~on the 5th day of each subsequent month), or portion thereof, that is needed by the Company~~ to ~~complete an initial Business Combination until November 5, 2025, and such amount will be distributed either to: (i) all of~~ the ~~holders~~Private ofPlacement ~~Public Shares upon the Company’s liquidation or (ii~~Warrants) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At March 31, 2025 and December 31, 2024, the Company had $54,400 and $21,760, respectively, of borrowings under the Third Extension Promissory Note. :

17● in whole and not in part;

~~Table~~● at a price of ~~Contents~~$0.01 per Warrant;

~~INTEGRAL~~● ~~ACQUISITION~~upon ~~CORPORATION~~not 1less than 30 days’ prior written notice of redemption given after the Warrants become exercisable to each warrant holder; and

~~NOTES~~● TOif, ~~UNAUDITED~~and ~~CONDENSED~~only ~~FINANCIAL~~if, ~~STATEMENTS~~the reported last sale price of the Class A Common Stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a30-trading-dayperiod commencing once the Warrants become exercisable and ending three business days before we send the notice of redemption to the warrant holders.

~~MARCH~~In 31addition, ~~2025~~if (x) the Company issues additional shares of Class A Common Stock or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price (as defined below) of less than $9.20 per share of Class A Common Stock (with such issue price or effective issue price to be determined in good faith by the Board of Directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Common Stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, then the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to the greater of the Market Value and the Newly Issued Price.

~~Note~~The 4Company —accounts ~~Commitments~~for the 10,700,000 Warrants issued in connection with the IPO (comprised of 5,750,000 Public Warrants and ~~Contingencies~~4,950,000 Private Placement Warrants) in accordance with the guidance contained in ASC 815-40. Such guidance provides that the Warrants described above are not precluded from equity classification. Equity-classified contracts are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

~~Registration Rights Agreement~~ 22

~~The~~INTEGRAL ~~holders~~ACQUISITION ofCORPORATION the (i) Founder Shares, (ii) Private Placement Warrants and (iii) warrants that may be issued upon conversion of Working Capital Loans (and in each case holders of their underlying securities, as applicable), have registration rights to require the Company to register a sale of any of the Company’s securities held by the holders prior to the consummation of the initial Business Combination pursuant to the Registration Rights Agreement. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. 1

~~Anchor~~NOTES ~~Investment~~TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

~~The~~JUNE Anchor Investors purchased an aggregate of approximately $60.8 million of the Units in the IPO at the public offering price. There can be no assurance that the Anchor Investors will retain their Units prior to or upon the consummation of the initial Business Combination. In addition30, ~~none of the Anchor Investors has any obligation to vote any of their Public Shares in favor of the initial Business Combination.~~ 2025

~~The~~Note ~~Anchor~~6 ~~Investors~~— ~~have~~Fair ~~not~~Value been granted any stockholder or other rights that are in addition to those granted to our other Public Stockholders, and were only issued equity interests in the Sponsor, with no right to control the Sponsor or vote or dispose of any securities held by the Sponsor. Further, unlike some anchor investor arrangements of other blank check companies, the Anchor Investors are not required to (i) hold any Units, Class A Common Stock or Public Warrants they may have purchased in the IPO or thereafter for any amount of time, (ii) vote any shares of Class A Common Stock they may own at the applicable time in favor of our initial Business Combination or (iii) refrain from exercising their right to redeem their Public Shares at the time of the Business Combination. The Anchor Investors have the same rights to the funds held in the Trust Account with respect to any Public Shares they hold as the rights afforded to the other Public Stockholders. Measurements

18As of June 30, 2025 and December 31, 2024, funds in the Trust Account were invested in an interest-bearing demand deposit account. The demand deposit account is carried at fair value, which is generally readily determinable.

~~Table~~Note of7 ~~Contents~~— Segment Information

~~INTEGRAL~~ASC ~~ACQUISITION~~280 ~~CORPORATION~~establishes 1standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance.

~~NOTES~~The TOCompany’s ~~UNAUDITED~~CODM ~~CONDENSED~~has ~~FINANCIAL~~been ~~STATEMENTS~~identified as the Chief Executive Officer and Chief Financial Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.

~~MARCH~~The 31CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the condensed statements of operations as net income or loss. The measure of segment assets is reported on the condensed balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, ~~2025~~the CODM reviews key metrics, which include the following:

Contingent Business Combination Expenses


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2025		2024		2025		2024
Operating costs	$	591,142	$	523,160	$	1,179,427	$	908,571
Interest income	$	10,482	$	171,811	$	46,820	$	341,262

in contingent Business Combination related expenses and paid

		June 30, 2025				December 31, 2024
Cash held in Trust Account		$	4,135,011			$	4,078,045

. The ~~remaining~~key metrics included in segment profit or loss reviewed by the CODM are operating costs and interest income.

isOperating ~~due~~costs ~~upon~~are ~~the~~reviewed ~~Closing~~and ofmonitored by the ~~Flybondi~~CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Combination Period. AsThe ofCODM ~~March 31~~also reviews operating costs to manage, ~~2025~~maintain and ~~December 31,~~enforce ~~2024,~~all ~~the~~contractual ~~Company~~agreements ~~has~~to ~~not~~ensure ~~recognized~~costs ~~these~~are ~~contingent~~aligned ~~expenses~~with all agreements and budget. The CODM reviews interest income to measure and monitor stockholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement.

~~Excise~~Note ~~Tax~~8 — Subsequent Events

InThe ~~connection~~Company ~~with~~evaluated ~~the~~subsequent ~~votes~~events ~~to amend the Amended~~ and ~~Restated~~transactions ~~Charter~~that atoccurred ~~the~~after ~~First Special Meeting and~~ the ~~Second~~balance ~~Special~~sheet ~~Meeting,~~date ~~holders~~up ofto ~~10,301,658~~the ~~shares~~date ofthat ~~Class A~~the ~~Common~~accompanying ~~Stock~~financial ~~properly~~statements ~~exercised~~were ~~their~~issued. ~~right~~Based toon ~~redeem~~the ~~their~~Company’s ~~Public~~review, ~~Shares~~the ~~for~~Company andid ~~aggregate~~not ~~redemption~~identify ~~amount~~any ofsubsequent ~~$107,607,366.~~events Asthat ~~such,~~would ~~the~~have ~~Company~~required ~~recorded~~adjustment aor 1%disclosure ~~Excise Tax liability~~ in the ~~amount~~financial ~~of $1~~statements,~~076,073~~ onother ~~the~~than ~~accompanying~~discussed ~~balance sheet as of December 31, 2023~~below.

InSince ~~connection~~June 30, ~~with~~2025 ~~the~~through ~~vote to amend~~ the ~~Amended~~date ~~and~~of ~~Restated~~this ~~Charter at the Third Special Meeting~~Report, ~~Public~~an ~~Stockholders~~aggregate ~~holding~~of ~~835~~$21,~~672~~760 ~~Public~~has ~~Shares~~been ~~properly~~deposited ~~exercised~~into ~~their right to redeem such Public Shares for a pro rata portion of~~ the ~~funds in the~~ Trust Account. Asto aextend ~~result, approximately $9.5 million (approximately $11.41 per share) was removed from~~ the ~~Trust~~Combination ~~Account~~Period to ~~pay~~September 5, ~~such~~2025 ~~redeeming~~under ~~Public Stockholders. As such,~~ the ~~Company~~Third ~~recorded~~Extension aPromissory ~~1% Excise Tax liability~~Note.

~~per share) is payable to the redeeming stockholders. As such, the Company recorded~~23

OnItem April 30, 2024, in association with the Flybondi Business Combination Agreement, the Cartesian Escrow Parties released $900,000 to the Company solely for the purpose of the Company paying the Excise Tax liability and (i) under conditions as stipulated in the Flybondi Business Combination Agreement and (ii) which was held by the Company in a segregated bank account2. OnManagement’s ~~October 23,~~Discussion ~~2024, the Company filed its Excise Tax return~~ and ~~utilized~~Analysis ~~the~~of ~~$900,000~~Financial ~~released~~Condition ~~to the Company (along with other Company funds)~~ and ~~paid~~Results ~~$1,076,073~~of ~~in excise taxes~~Operations.

~~paid~~Cautionary Note Regarding Forward-inLooking Statements

~~paid~~All statements other than statements of historical fact included in this Report including, without limitation, statements under this Item regarding our financial position, business strategy and the plans and objectives of Management for future operations, are forward-looking statements. When used in this Report, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to us or our Management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of our Management, as well as assumptions made by, and information currently available to, our Management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in our filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph.

~~Note~~The 5following —discussion ~~Stockholders’~~and ~~Deficit~~analysis of our financial condition and results of operations should be read in conjunction with the unaudited condensed financial statements and the notes thereto contained elsewhere in this Report under “Item 1. Financial Statements”.

~~Preferred Stock~~ Overview

~~The~~We ~~Company~~are ~~is authorized to issue 1,000,000 shares of preferred stock with~~ a ~~par~~blank ~~value~~check ofcompany ~~$0.0001~~incorporated ~~per~~on ~~share with such designations~~February 16, ~~voting~~2021 ~~and other rights and preferences~~ as ~~may~~a beDelaware ~~determined~~corporation ~~from~~and ~~time~~formed tofor ~~time by~~ the ~~Board~~purpose of ~~Directors.~~effecting Ata ~~March 31,~~Business ~~2025 and December 31, 2024, there were no shares of preferred stock issued or outstanding~~Combination.

~~Class~~Our Sponsor, Integral Sponsor, LLC, is a Delaware limited liability company. The IPO Registration Statement was declared effective on November A2, ~~Common~~2021. ~~Stock~~On November 5, 2021, we consummated our Initial Public Offering of 11,500,000 Units, including the full exercise of the underwriters’ over-allotment option to purchase 1,500,000 Units, at a purchase price of $10.00 per Unit.

~~The~~Simultaneously ~~Company~~with isthe ~~authorized~~closing toof ~~issue~~the ~~100,000,000~~Initial ~~shares~~Public ofOffering, ~~Class A~~we ~~Common~~completed ~~Stock~~the ~~with~~private asale ~~par~~of ~~value~~an aggregate of ~~$0.0001~~4,950,000 ~~per~~Private ~~share.~~Placement ~~Holders~~Warrants of(including ~~Class A~~90,000 ~~Common~~Private ~~Stock~~Placement ~~are~~Warrants ~~entitled~~issued toin ~~one~~connection ~~vote~~with ~~for~~the ~~each~~exercise ~~share.~~in Asfull ofby ~~March 31,~~the ~~2025~~underwriter ~~and~~of ~~December 31,~~its ~~2024,~~option ~~there~~to ~~was~~purchase ~~2,874,999~~additional ~~shares~~Units) ofto ~~Class A~~the ~~Common~~Sponsor ~~Stock~~at ~~issued~~a orpurchase ~~outstanding,~~price ~~excluding~~of ~~14,168~~$1.00 ~~and~~per ~~362~~Private Placement Warrant,~~670~~ ~~shares~~generating ~~subject~~gross proceeds to ~~possible~~us ~~redemption,~~of ~~respectively~~$4,950,000.

19Upon the closing of the Initial Public Offering, Management agreed that an amount equal to at least $10.15 per Unit sold in the Initial Public Offering, including the proceeds of the Private Placement, would be held in the Trust Account with Continental acting as trustee, and would be initially invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act, which invest only in direct Treasury obligations. Except with respect to interest earned on the funds held in the Trust Account that may be released to us to pay taxes, if any, the proceeds from the Initial Public Offering and the Private Placement will not be released from the Trust Account until the earliest of (i) the completion of initial Business Combination, (ii) the redemption of the Public Shares if we are unable to complete an initial Business Combination within the Combination Period, subject to applicable law, or (iii) the redemption of the Public Shares properly submitted in connection with a stockholder vote to amend the Amended and Restated Charter to modify the substance or timing of our obligation to redeem 100% of the Public Shares if we have not consummated an initial Business Combination within the Combination Period or with respect to any other material provisions relating to stockholders’ rights or pre-initial Business Combination activity. The proceeds deposited in the Trust Account could become subject to the claims of our creditors, if any, which could have priority over the claims of our Public Stockholders.

~~Table~~If we are unable to complete the initial Business Combination within the Combination Period, we will (i) cease all operations except for the purpose of ~~Contents~~winding up, (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (which interest shall be net of taxes payable (excluding Excise Taxes) and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders and the Board of Directors, liquidate and dissolve, subject, in each case, to our obligations under the DGCL to provide for claims of creditors and the requirements of other applicable laws.

~~INTEGRAL ACQUISITION CORPORATION 1~~ 24

~~NOTES~~Recent ~~TO UNAUDITED CONDENSED FINANCIAL STATEMENTS~~ Developments

~~MARCH~~Since 31June 30, 2025 through the date of this Report, an aggregate of $21,760 has been deposited into the Trust Account to extend the Combination Period to September 5, 2025 under the Third Extension Promissory Note.

~~The~~Termination ~~2,874,999 shares~~ of ~~Class A~~Flybondi Common Stock (consisting of 2,824,999 shares to the Sponsor and 50,000 shares to an Anchor Investor) represent Founder Shares and are subject to, among other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of a Business Combination~~, as described in the IPO Registration Statement.~~

~~Class~~On October B19, ~~Common~~2023, ~~Stock~~the Company entered into the Flybondi Business Combination Agreement, as amended on July 2, 2024, October 1, 2024 and April 15, 2026, with Flybondi, FB Parent Holdings, Merger Sub and the Signing Sellers. After the date of the Flybondi Business Combination Agreement, the Joining Sellers may join the Flybondi Business Combination Agreement by executing and delivering a Seller Joinder.

~~The~~As ~~Company~~discussed ~~is authorized to issue 10~~below,~~000,000~~ ~~shares~~at ~~of Class B Common Stock with a par value of $0.0001 per share. Holders of~~ the ~~Class B Common Stock are entitled to one vote for each share. At~~ March ~~31,~~ 2025 ~~and~~Special ~~December 31~~Meeting, ~~2024,~~our ~~there~~stockholders ~~was~~adopted ~~one~~and ~~share~~approved ofthe ~~Class B~~Flybondi ~~Common~~Business ~~Stock~~Combination ~~issued and outstanding~~Agreement.

~~one-for-one~~On June 4, 2025, we entered into the Mutual Termination Consent with Flybondi, pursuant to which our Company and Flybondi mutually agreed to terminate the Flybondi Business Combination Agreement and to abandon the transactions contemplated thereby.

~~as-converted~~March 2025 Special Meeting

~~one-for-one~~On March 28, 2025, we held the March 2025 Special Meeting at which the our stockholders approved, among other things, the NTA Requirement Amendment Proposal and the Flybondi Business Combination Agreement and the transactions contemplated thereby. The proposals are described in more detail in our definitive proxy statement/prospectus filed with the SEC on March 7, 2025. On June 4, 2025, we entered into the Mutual Termination Consent with Flybondi, pursuant to which our Company and Flybondi mutually agreed to terminate the Business Combination Agreement and to abandon the transactions contemplated thereby.

~~Warrants~~In connection with the March 2025 Special Meeting, stockholders holding an aggregate of 348,502 Public Shares contingently exercised their right to redeem their Public Shares for cash at a redemption price of approximately $11.31 per share for an aggregate redemption amount of approximately $3.94 million. With the termination of the proposed Flybondi Business Combination with Flybondi, the Public Shares submitted for redemption were not redeemed.

~~Each~~Extensions ~~whole Warrant entitles the registered holder to purchase one share~~ of ~~the~~our ~~Class A Common Stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business~~ Combination. Pursuant to the Warrant Agreement, a warrant holder may exercise its Warrants only for a whole number of shares of Class A Common Stock. This means that only a whole Warrant may be exercised at any given time by a warrant holder. No fractional Warrants were issued upon separation of the Units and only whole Warrants trade. The Warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. Period

thOn May 3, 2023, we held the First Special Meeting. At the First Special Meeting, our stockholders approved the First Extension Amendment Proposal, which extended the date we had to consummate an initial Business Combination from May 5, 2023 to November 3, 2023. In connection with the vote to approve the First Extension Amendment Proposal, stockholders holding 8,470,059 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $87,843,748 (approximately $10.37 per share) was removed from the Trust Account to pay such redeeming stockholders.

20On November 2, 2023, we held the Second Special Meeting, at which our stockholders approved, among other things, the Charter Amendment Proposals. Following approval of the Second Extension Amendment Proposal, our Combination Period was extended from November 3, 2023 to November 5, 2024. In connection with the vote to approve the Charter Amendment Proposals, the holders of 1,831,599 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $19,763,618 (approximately $10.79 per share) was removed from the Trust Account to pay such redeeming stockholders.

~~Table of Contents~~25

~~INTEGRAL~~On ~~ACQUISITION~~October 31, ~~CORPORATION~~2024, 1we held the Third Special Meeting, at which our stockholders approved, among other things, the Third Extension Amendment Proposal, which extended the date we had to consummate an initial Business Combination from November 5, 2024 to November 5, 2025, on a monthly basis (or such earlier date as determined by the Board). In connection with the vote to approve the Third Extension Amendment Proposal, stockholders holding 835,672 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $9,538,763 (approximately $11.41 per share) was removed from the Trust Account to pay such redeeming stockholders.

~~NOTES~~We TOmay ~~UNAUDITED~~seek ~~CONDENSED~~to ~~FINANCIAL~~further ~~STATEMENTS~~extend the Combination Period consistent with applicable laws, regulations and stock exchange rules by further amending our Amended and Restated Charter. Any such amendment would require the approval of our Public Stockholders, who will be provided the opportunity to redeem all or a portion of their Public Shares in connection with the vote on such approval. Such redemptions will decrease the amount held in our Trust Account and our capitalization.

~~MARCH~~Delisting ~~31,~~from ~~2025~~ Nasdaq

~~Once~~On ~~the~~March 21, ~~Warrants~~2025, ~~become~~Nasdaq ~~exercisable~~filed a Form 25-NSE to delist our securities from Nasdaq. Our Class A Common Stock, Public Warrants, and Units are quoted on the ~~Company~~OTC ~~may~~Pink ~~redeem~~Market under the ~~outstanding~~symbols ~~Warrants~~“INTE,” ~~(except~~“INTEW” asand ~~described~~“INTEU,” ~~herein~~respectively. We remain a reporting entity under the Exchange Act with respect to ~~the~~continued ~~Private~~disclosure ~~Placement~~of ~~Warrants):~~financial and operational information.

•Results inof ~~whole and not in part;~~Operations

•As atof June 30, 2025, we had not commenced any operations. All activity for the period from February 16, 2021 (inception) through June 30, 2025 relates to our formation and the Initial Public Offering and, since the closing of the Initial Public Offering, the search for a ~~price~~prospective and consummation of $0an initial Business Combination.01 ~~per~~We ~~Warrant;~~have neither engaged in any operations nor generated any revenues to date. We will not generate any operating revenues until after the completion of our initial Business Combination, at the earliest. We have generated non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Initial Public Offering and held in our Trust Account. We incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance, among other things), as well as for due diligence expenses.

•For ~~upon~~the ~~not~~three ~~less~~months ~~than~~ended June 30, ~~days’~~2025, ~~prior~~we ~~written~~had ~~notice~~net loss of ~~redemption~~$571,230, ~~given~~which ~~after~~consisted ~~the~~of ~~Warrants~~operating ~~become~~costs ~~exercisable~~of to$591,142 ~~each~~and ~~warrant~~excise ~~holder;~~tax interest and penalties of $1,912, partially offset by interest income from the Trust Account of $10,482 and an income tax benefit of $11,342.

•For ~~if,~~the ~~and~~six ~~only~~months ifended June 30, ~~the~~2025, ~~reported~~we ~~last~~had ~~sale~~net ~~price~~loss of ~~the Class A Common Stock equals or exceeds~~ $~~18.00~~1,134,519, ~~per~~which ~~share~~consisted ~~(as~~of ~~adjusted~~operating ~~for~~costs ~~stock~~of ~~splits~~$1, ~~stock dividends~~179,427 ~~reorganizations, recapitalizations~~ and ~~the~~excise ~~like)~~tax ~~for~~interest ~~any~~and 20penalties ~~trading~~of ~~days~~$1,912, ~~within~~partially aoffset ~~30-trading-day~~by ~~period~~interest ~~commencing~~income ~~once~~from the ~~Warrants~~Trust ~~become~~Account ~~exercisable and ending three business days before we send the notice~~ of ~~redemption to the warrant holders~~$46,820.

InFor ~~addition, if (x)~~ the ~~Company~~three ~~issues~~months ~~additional~~ended ~~shares of Class~~June A Common Stock or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price (as defined below) of less than $9.20 per share of Class A Common Stock (with such issue price or effective issue price to be determined in good faith by the Board of Directors and30, ~~in the case of any such issuance to the Sponsor or its affiliates~~2024, ~~without~~we ~~taking~~had ~~into~~net ~~account~~loss any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of ~~the total equity proceeds~~$394, ~~and interest thereon~~417, ~~available~~which ~~for~~consisted ~~the funding~~ of ~~the~~operating ~~initial~~costs ~~Business Combination on the date~~ of ~~the consummation of the initial Business Combination (net of redemptions)~~$523,260 and ~~(z) the~~provision ~~volume~~from ~~weighted~~income ~~average~~tax ~~trading price~~ of the Common Stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $~~9.20 per share~~43, ~~then the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price~~068, ~~and~~partially ~~the~~offset ~~$18.00~~by ~~per~~interest ~~share~~income ~~redemption~~from ~~trigger price described above will be adjusted (to~~ the ~~nearest~~Trust ~~cent)~~Account ~~to be equal to 180%~~ of ~~the greater of the Market Value and the Newly Issued Price, and the~~ $10171,811.~~00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to the greater of the Market Value and the Newly Issued Price.~~

~~815-40~~For the six months ended June 30, 2024, we had net loss of $654,452, which consisted of operating costs of $908,571 and provision from income tax of $87,143, partially offset by interest income from the Trust Account of $341,262.

~~Note~~Liquidity, 6Capital ~~— Fair~~Resources ~~Value~~and ~~Measurements~~Going Concern

As of ~~March~~June 3130, 2025, ~~and~~we ~~December 31,~~had ~~2024~~$21,503 ~~funds~~ in ~~the~~our ~~Trust~~operating ~~Account~~bank ~~were invested in an interest-bearing demand deposit~~ account., ~~The~~and ~~demand~~a ~~deposit~~working ~~account~~capital isdeficit ~~carried~~of ~~at fair value~~$5, ~~which is generally readily determinable~~564,389.

Prior to the completion of the Initial Public Offering, our liquidity needs were satisfied through (i) a loan under the IPO Promissory Note 7issued ~~— Segment~~to ~~Information~~the Sponsor totaling $252,950 and (ii) the issuance of 2,875,000 Class B Common Stock at approximately $0.009 per share for gross proceeds of $25,000. The IPO Promissory Note has been repaid and no other borrowings are permitted. Subsequent to the consummation of the Initial Public Offering, our liquidity needs have been satisfied through the issuance of the Private Placement Warrants, which generated gross proceeds of $4,950,000, the 2023 Promissory Note and the 2024 Promissory Note.

ASC 280 establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance. 26

~~The~~Extension ~~Company’s~~Promissory CODM has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment. Notes

~~The~~In ~~CODM~~connection ~~assesses~~with ~~performance~~the ~~for~~approval of the ~~single~~First ~~segment~~Extension ~~and~~Amendment ~~decides~~Proposal ~~how~~at tothe ~~allocate~~First ~~resources~~Special ~~based~~Meeting, onwe ~~net~~issued ~~income~~the orFirst ~~loss~~Extension ~~that~~Promissory ~~also~~Note ison ~~reported~~May 8, on2023 in the ~~condensed~~aggregate ~~statements~~principal amount of ~~operations~~up asto ~~net~~$630,000 ~~income~~to orthe ~~loss~~Sponsor. The ~~measure~~First ofExtension ~~segment~~Promissory ~~assets~~Note bears no interest and is ~~reported~~repayable onin full upon the ~~condensed~~earlier ~~balance~~to ~~sheets~~occur asof ~~total~~(i) ~~assets~~the date on which we consummate a Business Combination and (ii) the date of our liquidation. ~~When~~Additionally, ~~evaluating~~we agreed to make monthly deposits of $105,000 into the ~~Company’s~~Trust ~~performance~~Account ~~and~~for ~~making~~each ~~key~~calendar ~~decisions~~month ~~regarding~~(commencing ~~resource~~on ~~allocation~~May 8, 2023) or portion thereof, that was needed by us to complete an initial Business Combination until November 3, 2023, and such amount will be distributed either to: (i) all of the ~~CODM~~holders ~~reviews~~of ~~key~~Public ~~metrics~~Shares upon our liquidation or (ii) Public Stockholders who elect to have their Public Shares redeemed in connection with the consummation of the Business Combination. At June 30, ~~which~~2025 ~~include~~and December 31, 2024, we had $355,000 of borrowings under the ~~following:~~First Extension Promissory Note.

21In connection with the approval of the Charter Amendment Proposals at the Second Special Meeting, we issued the Second Extension Promissory Note on November 8, 2023 in the aggregate principal amount of up to $359,503 to the Sponsor. The Second Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, we will continue to deposit $29,959 into the Trust Account for each calendar month (commencing on November 8, 2023 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by us to complete an initial Business Combination until November 5, 2024, and such amount will be distributed either to: (i) all of the holders of Public Shares upon our liquidation or (ii) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At June 30, 2025 and December 31, 2024, we had $359,503 of borrowings under the Second Extension Promissory Note.

~~Table~~In connection with the approval of ~~Contents~~the Third Extension Amendment Proposal at the Third Special Meeting, we issued the Third Extension Promissory Note on November 6, 2024 in the aggregate principal amount of up to $130,561 to the Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, we have deposited and will continue to deposit $10,880 into the Trust Account for each calendar month (commencing on November 6, 2024 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by us to complete an initial Business Combination until November 5, 2025, and such amount will be distributed either to: (i) all of the holders of Public Shares upon our liquidation or (ii) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At June 30, 2025 and December 31, 2024, we had $87,040 and $21,760, respectively, of borrowings under the Third Extension Promissory Note.

~~INTEGRAL~~Through ~~ACQUISITION~~June 30, ~~CORPORATION~~2025, we had deposited an aggregate of $1,076,544 to fund the Trust Account under the Extension Promissory Notes.

~~NOTES~~Working TOCapital ~~UNAUDITED~~Promissory ~~CONDENSED FINANCIAL STATEMENTS~~ Notes

~~MARCH~~In 31addition, ~~2025~~in order to finance transaction costs in connection with an intended initial Business Combination, our Sponsor or an affiliate of our Sponsor or certain of our officers and directors may, but are not obligated to, loan us Working Capital Loans as may be required on a non-interest basis. If we complete an initial Business Combination, we would repay such Working Capital Loans. In the event that the initial Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, but no proceeds from our Trust Account would be used for such repayment. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. Prior to the completion of our initial Business Combination, we do not expect to seek loans from parties other than our Sponsor or an affiliate of our Sponsor, as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account.

	Three Months ended March 31, 2025		Three Months ended March 31, 2024
Operating costs	$	588,285	$	385,411
Interest income	$	36,338	$	169,451

		March 31,2025				December 31,2024
Cash held in Trust Account		$	4,091,931			$	4,078,045

On July 10, 2023, we issued the 2023 Promissory Note to the Sponsor in an amount of up to $1,500,000 in connection with the convertible Working Capital Loans. The 2023 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, at the option of the Sponsor, the unpaid principle may be converted into warrants at a conversion price of $1.00 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that the initial Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay the convertible Working Capital Loans, but no proceeds from the Trust Account would be used to repay the convertible Working Capital Loans. As of June 30, 2025 and December 31, 2024, we owed $1,500,000 under the 2023 Promissory Note and reported the amounts as “Working Capital Loans – convertible” on the balance sheets of the financial statements contained elsewhere in this Report.

On September 12, 2024, we issued the 2024 Promissory Note in the aggregate principal amount of up to $3,000,000 to the Sponsor. The ~~key~~2024 ~~metrics~~Promissory ~~included~~Note was issued in ~~segment~~connection ~~profit~~with oradvances ~~loss~~the ~~reviewed~~Sponsor byhas made, and may make in the ~~CODM~~future, ~~are~~to ~~operating~~us ~~costs~~for working capital and transaction expenses. The 2024 Promissory Note bears no interest ~~income~~and is due and payable upon the earlier to occur of (i) the date on which we consummates our initial Business Combination and (ii) the date our winding up is effective. At June 30, 2025 and December 31, 2024, we had $922,913 and $531,493, respectively, of borrowings under the 2024 Promissory Note.

~~Operating~~Excise ~~costs~~Tax are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Combination Period. The CODM also reviews operating costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. The CODM reviews interest income to measure and monitor stockholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement. Liability

~~Note~~Associated 8with —the ~~Subsequent~~proposed ~~Events~~Business Combination, Cartesian Escrow Parties provided $900,000 to us for the payment of excise taxes. On October 23, 2024, we filed our excise tax return and paid $1,076,073 using $900,000 acquired from the Cartesian Escrow Parties in association with the Flybondi Business Combination Agreement, along with other funds from our Company.

~~The~~As ~~Company~~a ~~evaluated~~result ~~subsequent~~of ~~events~~the ~~and~~redemptions ~~transactions~~in ~~that~~2024 ~~occurred~~in ~~after~~connection with the ~~balance~~Third ~~sheet~~Special ~~date~~Meeting, upthe Company was required to ~~the~~file ~~date~~a ~~that~~return and remit payment for 2024 Excise Tax liabilities on or before April 30, 2025. On April 30, 2025, the ~~accompanying~~Company ~~financial~~filed ~~statements~~its ~~were~~2024 ~~issued~~excise tax return. ~~Based~~On onJune 4, 2025, the Company’s ~~review~~paid $97,300 ~~except~~in asconnection ~~described~~with ~~below~~the 2024 excise tax, including penalties and interest. At June 30, 2025 and December 31, 2024, the Company ~~did~~reported an excise tax liability of $0 and $95,388, respectively, on the accompanying balance sheets. The liability does not ~~identify~~impact ~~any~~the ~~subsequent~~accompanying ~~events~~statements ~~that~~of ~~would~~operations ~~have~~and ~~required~~is ~~adjustment~~offset against additional paid-in capital or ~~disclosure~~accumulated deficit if additional paid-in ~~the~~capital ~~financial~~is ~~statements.~~not available.

.Going Concern

In ~~April~~connection ~~and~~with ~~May~~our ~~2025,~~assessment ~~the~~of ~~Company~~going ~~deposited~~concern anconsiderations ~~aggregate~~in ofaccordance ~~$21~~with ASU 2014-15,~~760~~ inManagement has determined that the ~~Trust~~mandatory ~~Account~~liquidation and subsequent dissolution, should we be unable to ~~extend~~complete a Business Combination within the Combination Period, and insufficient cash, raises substantial doubt about our ability to ~~June~~continue as a going concern. Following the Third Special Meeting and approval of the Third Extension Amendment Proposal, we have until November 5, 2025 to consummate a Business Combination. It is uncertain that we will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of our Company. No adjustments have been made to the carrying amounts of assets or liabilities should we be required to liquidate after the end of the Combination Period.

22Contractual Obligations

~~Table~~We ofdo ~~Contents~~not have any long-term debt obligations, capital lease obligations, operating lease obligations, purchase obligations or long-term liabilities.

~~Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.~~ 28

~~Cautionary~~Services ~~Note Regarding Forward-Looking Statements~~ Agreement

~~All~~On ~~statements~~November 2, ~~other~~2021, ~~than~~we ~~statements~~agreed ofto ~~historical~~pay ~~fact~~the ~~included~~Sponsor ina ~~this~~total ~~Report~~of ~~including~~$20,000 ~~without~~per ~~limitation,~~month ~~statements~~for ~~under~~office ~~this~~space, ~~Item regarding our financial position~~utilities, ~~business strategy~~ and ~~the~~secretarial ~~plans~~ and ~~objectives~~administrative ofsupport ~~Management~~pursuant ~~for~~to ~~future~~the ~~operations,~~Services ~~are forward-looking statements~~Agreement. ~~When~~Upon ~~used~~completion inof ~~this~~the ~~Report,~~Business ~~words~~Combination ~~such~~or asour ~~“anticipate~~liquidation,” ~~“believe,”~~we ~~“estimate,”~~will ~~“expect,”~~cease ~~“intend”~~paying ~~and~~these ~~similar~~monthly ~~expressions, as they relate to us or our Management, identify forward-looking statements~~fees. ~~Such~~Total ~~forward-looking~~administrative ~~statements~~fee ~~are~~for ~~based~~the onthree ~~the~~and ~~beliefs~~six ofmonths ~~our~~ended ~~Management~~June 30, as2025 ~~well~~and as2024 ~~assumptions~~are ~~made by~~$60,000 and ~~information currently available to~~$120,000 ~~our Management~~respectively. ~~Actual~~At ~~results~~June 30, ~~could~~2025 ~~differ~~and ~~materially~~December 31, ~~from~~2024, ~~those~~$100,000 ~~contemplated~~and by$120,000, ~~the~~respectively, ~~forward-looking~~is ~~statements~~reported ason ~~a result of certain factors detailed in our filings with~~ the ~~SEC.~~accompanying ~~All~~balance ~~subsequent~~sheets ~~written~~as ordue ~~oral forward-looking statements attributable~~ to usthe orSponsor ~~persons~~for ~~acting~~the onadministrative ~~our behalf are qualified in their entirety by this paragraph~~fees.

~~The~~Registration ~~following~~Rights discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and the notes thereto contained elsewhere in this Report under “Item 1. Financial Statements”. Agreement

~~Overview~~Pursuant to the Registration Rights Agreement, the holders of the (i) Founder Shares, (ii) Private Placement Warrants, and (iii) warrants that may be issued upon conversion of the Working Capital Loans (and in each case holders of their underlying securities, as applicable) have registration rights to require us to register a sale of any of our securities held by them prior to the consummation of our initial Business Combination. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to our completion of our initial Business Combination. We will bear the expenses incurred in connection with the filing of any such registration statements.

WeAnchor ~~are a blank check company incorporated on February 16, 2021 as a Delaware corporation and formed for the purpose of effecting a Business Combination.~~ Investment

~~Our~~The ~~Sponsor,~~Anchor ~~Integral~~Investors ~~Sponsor,~~purchased ~~LLC,~~an isaggregate aof ~~Delaware~~approximately ~~limited~~$60.8 ~~liability~~million ~~company.~~of ~~The~~the ~~IPO~~Units ~~Registration~~in ~~Statement~~the ~~was~~Initial ~~declared~~Public ~~effective~~Offering onat ~~November 2,~~the ~~2021~~public offering price. OnThere ~~November 5,~~can ~~2021,~~be weno ~~consummated~~assurance ~~our~~that ~~Initial~~the ~~Public~~Anchor ~~Offering~~Investors ofwill ~~11,500,000~~retain their Units, ~~including~~prior to or upon the ~~full~~consummation ~~exercise~~of the initial Business Combination. In addition, none of the ~~underwriters’~~Anchor ~~over-allotment~~Investors ~~option~~has any obligation to ~~purchase~~vote ~~1,500,000~~any ~~Units,~~of attheir aPublic ~~purchase~~Shares ~~price~~in favor of ~~$10.00~~the ~~per~~initial ~~Unit.~~Business Combination.

~~Simultaneously~~The ~~with~~Anchor ~~the~~Investors ~~closing~~have ofnot ~~the~~been ~~Initial~~granted any stockholder or other rights that are in addition to those granted to our other Public ~~Offering~~Stockholders, weand ~~completed~~were ~~the~~only ~~private~~issued ~~sale~~equity interests in our Sponsor, with no right to control our Sponsor or vote or dispose of anany ~~aggregate~~securities held by our Sponsor. Further, unlike some anchor investor arrangements of 4other blank check companies,~~950,000~~ ~~Private~~the ~~Placement~~Anchor ~~Warrants~~Investors are not required to (~~including~~i) 90hold any Units,~~000~~ ~~Private~~Class ~~Placement~~A Common Stock or Public Warrants ~~issued~~they inmay ~~connection~~have ~~with~~purchased in the ~~exercise~~Initial inPublic ~~full~~Offering byor thereafter for any amount of time, (ii) vote any shares of Class A Common Stock they may own at the ~~underwriter~~applicable time in favor of ~~its~~our ~~option~~initial toBusiness ~~purchase~~Combination ~~additional~~or ~~Units~~(iii) refrain from exercising their right to ~~the~~redeem ~~Sponsor~~their atPublic aShares ~~purchase~~at ~~price~~the time of $1our initial Business Combination.00 ~~per~~The ~~Private~~Anchor ~~Placement~~Investors ~~Warrant,~~have ~~generating~~the ~~gross~~same ~~proceeds~~rights to usthe offunds ~~$4,950,000.~~held in the Trust Account with respect to any Public Shares they hold as the rights afforded to our other Public Stockholders.

~~Upon~~Critical ~~the~~Accounting ~~closing~~Estimates of the Initial Public Offering, Management agreed that an amount equal to at least $10.15 per Unit sold in the Initial Public Offering, including the proceeds of the Private Placement, would be held in the Trust Account with Continental acting as trustee, and would be initially invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act, which invest only in direct Treasury obligations. Except with respect to interest earned on the funds held in the Trust Account that may be released to us to pay taxes, if any, the proceeds from the Initial Public Offering and the Private Placement will not be released from the Trust Account until the earliest of (i) the completion of initial Business Combination, (ii) the redemption of the Public Shares if we are unable to complete an initial Business Combination within the Combination Period, subject to applicable law, or (iii) the redemption of the Public Shares properly submitted in connection with a stockholder vote to amend the Amended and Restated Charter to modify the substance or timing of our obligation to redeem 100% of the Public Shares if we have not consummated an initial Business Combination within the Combination Period or with respect to any other material provisions relating to stockholders’ rights or pre-initial Business Combination activity. The proceeds deposited in the Trust Account could become subject to the claims of our creditors, if any, which could have priority over the claims of our Public Stockholders. Policies

IfWe weaccount ~~are~~for ~~unable~~income totaxes ~~complete~~under ~~the~~ASC ~~initial~~740. ~~Business~~ASC ~~Combination~~740 ~~within~~requires the ~~Combination~~recognition ~~Period,~~of wedeferred ~~will~~tax ~~(i) cease~~assets ~~all~~and ~~operations~~liabilities ~~except~~ for ~~the~~both ~~purpose of winding up, (ii) as promptly as reasonably possible, but not more than ten business days thereafter, redeem~~ the ~~Public~~expected ~~Shares,~~impact atof adifferences ~~per-share~~between ~~price, payable in cash, equal to~~ the ~~aggregate~~financial ~~amount~~statement ~~then~~and ontax ~~deposit~~basis inof ~~the~~assets ~~Trust~~and ~~Account,~~liabilities ~~including~~and ~~interest~~for ~~earned on~~ the ~~funds~~expected ~~held~~future intax ~~the~~benefit ~~Trust~~to ~~Account (which interest shall~~ be ~~net~~derived offrom ~~taxes~~tax ~~payable~~loss ~~(excluding Excise Taxes)~~ and uptax tocredit ~~$100,000~~carry offorwards. ~~interest~~We toassess ~~pay dissolution expenses), divided by~~ the ~~number~~likelihood ofthat ~~then~~deferred ~~outstanding~~tax ~~Public~~assets ~~Shares, which redemption~~ will ~~completely~~be ~~extinguish~~recovered ~~Public~~from ~~Stockholders’ rights as stockholders (including~~ the ~~right~~existing todeferred ~~receive~~tax ~~further~~liabilities ~~liquidation~~or ~~distributions,~~future iftaxable ~~any),~~income. ~~and~~To ~~(iii) as~~the ~~promptly~~extent aswe ~~reasonably~~believe ~~possible~~that ~~following~~recovery ~~such~~will ~~redemption,~~not ~~subject~~meet to the ~~approval~~more oflikely ~~our~~than ~~remaining~~not ~~stockholders and the Board of Directors~~threshold, ~~liquidate~~it ~~and~~establishes ~~dissolve,~~a ~~subject,~~valuation ~~in each case, to our obligations under the DGCL to provide for claims of creditors and the requirements of other applicable laws~~allowance.

23We record uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (i) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (ii) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority. In the 2024 Annual Report, we reported an uncertain tax position related the deduction of start-up and operating costs for tax return purposes. We amended our 2023 corporate income tax return. As such, the uncertain tax position no longer exists. At June 30, 2025 and December 31, 2024, we reported $0 and $371,214 on the condensed balance sheets contained elsewhere in this Report under “Item 1. Financial Statements” for this uncertainty.

~~Table of Contents~~29

~~Recent~~Item ~~Developments~~3. Quantitative and Qualitative Disclosures About Market Risk.

~~Since~~We ~~March 31,~~are ~~2025~~a ~~through~~smaller ~~the~~reporting ~~date~~company ofas ~~this~~defined ~~Report,~~by anRule 12b-2 ~~aggregate~~ of ~~$21,760~~the ~~has~~Exchange ~~been~~Act ~~deposited~~and ~~into~~are ~~the~~not ~~Trust~~required ~~Account~~ to ~~extend~~provide the ~~Combination~~information ~~Period~~otherwise torequired ~~June 5, 2025~~ under ~~the~~this ~~Third Extension Promissory Note~~Item.

WeItem record uncertain tax positions in accordance with ASC 740 on the basis of a two-step process in which (i) we determine whether it is more likely than not that the tax positions will be sustained on the basis of the technical merits of the position and (ii) for those tax positions that meet the more-likely-than-not recognition threshold, we recognize the largest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement with the related tax authority4. InControls ~~our Form 10-K filed with the SEC on February 19, 2025, we reported an uncertain tax position related the deduction of start-up~~ and ~~operating costs for tax return purposes~~Procedures. We amended our 2023 corporate income tax return. As such, the uncertain tax position no longer exist. At March 31, 2025 and December 31, 2024, the Company reported $0 and $371,214 on the accompanying balance sheets for this uncertainty.

OnEvaluation ~~March 21,~~of ~~2025,~~Disclosure ~~Nasdaq~~Controls ~~filed a Form 25-NSE to delist our securities from Nasdaq. Our Class Common Stock, Public Warrants,~~ and Units are quoted on the OTC Pink Market under the symbols “INTE,” “INTEW” and “INTEU,” respectively. We remain a reporting entity under the Exchange Act with respect to continued disclosure of financial and operational information. Procedures

~~Flybondi~~Disclosure ~~Business~~controls ~~Combination~~are procedures that are designed with the objective of ensuring that information required to be disclosed in our reports filed under the Exchange Act, such as this Report, is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures are also designed with the objective of ensuring that such information is accumulated and communicated to our Management, including our Chief Executive Officer and Chief Financial Officer (the “Certifying Officer”), as appropriate, to allow timely decisions regarding required disclosure.

OnUnder ~~October 19~~the supervision and with the participation of our Management, ~~2023~~including our Certifying Officer, we ~~entered~~carried ~~into~~out an evaluation of the ~~Flybondi~~effectiveness ~~Business~~of ~~Combination~~the ~~Agreement,~~design ~~with~~and ~~Flybondi,~~operation FBof ~~Parent~~our ~~Holdings,~~disclosure ~~Merger~~controls ~~Sub~~and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the ~~Signing~~Exchange ~~Sellers~~Act. ~~After~~Based on the ~~date~~foregoing, our Certifying Officer concluded that our disclosure controls and procedures were not effective as of the ~~Flybondi~~end ~~Business~~of ~~Combination~~the ~~Agreement~~period covered by this Report, ~~the~~due ~~Joining~~to ~~Sellers~~identified ~~may~~material ~~join~~weaknesses related to errors in fair value calculation of certain financial instruments and lack of controls in connection with accuracy and completeness of unrecorded liabilities and income tax payable, including New York State taxes, and timely review of the ~~Flybondi~~difference ~~Business~~between ~~Combination~~the ~~Agreement~~2023 bytax ~~executing~~provision and ~~delivering~~corporate income tax return that resulted in a ~~Seller~~potential ~~Joinder.~~tax liability of $371,214 as of September 30, 2024.

OnIn ~~July 2,~~light ~~2024~~of this material weakness, we ~~entered~~have ~~into~~enhanced ~~the~~our ~~Novation~~processes ~~Agreement~~to ~~with~~identify FBand ~~Parent,~~appropriately ~~Merger~~apply ~~Sub,~~applicable ~~Flybondi,~~accounting FBrequirements ~~Parent~~to ~~Holdings~~better evaluate and understand the ~~Sellers,~~nuances ~~pursuant~~of the complex accounting standards that apply to ~~which~~our financial statements including making greater use of third-party professionals with whom we consult regarding complex accounting applications. The elements of our remediation plan can only be accomplished over time, and we can offer no assurance that these initiatives will ultimately have the ~~Flybondi~~intended ~~Business~~effects. ~~Combination~~We ~~Agreement~~believe ~~was~~our ~~amended~~efforts towill ~~substitute~~enhance FBour ~~Parent~~controls relating to accounting for FBcomplex ~~Parent~~financial ~~Holdings~~transactions, ~~therein.~~but we can offer no assurance that our controls will not require additional review and modification in the future as industry accounting practice may evolve over time.

OnWe ~~October 1,~~do ~~2024~~not expect that our disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and procedures, ~~the~~no ~~parties~~matter tohow ~~the~~well ~~Flybondi~~conceived ~~Business~~and ~~Combination~~operated, ~~Agreement~~can ~~entered~~provide ~~into~~only anreasonable, ~~amendment~~not toabsolute, assurance that the ~~Business~~objectives ~~Combination~~of ~~Agreement~~the todisclosure ~~extend~~controls and procedures are met. Further, the ~~Agreement~~design ~~End~~of ~~Date~~disclosure ~~(as~~controls ~~defined~~and inprocedures must reflect the ~~Flybondi~~fact ~~Business~~that ~~Combination~~there ~~Agreement)~~are ~~from~~resource ~~November 1~~constraints, ~~2024~~and the benefits must be considered relative to ~~March 31,~~their ~~2025~~costs. OnBecause ~~April 15~~of the inherent limitations in all disclosure controls and procedures, ~~2025~~no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control deficiencies and instances of fraud, ~~the~~if ~~parties~~any. toThe ~~the~~design ~~Flybondi~~of ~~Business~~disclosure ~~Combination~~controls ~~Agreement~~and ~~entered~~procedures ~~into~~is ~~the~~also ~~Third~~based ~~Amendment~~partly toon ~~Business~~certain ~~Combination~~assumptions ~~Agreement~~about (the ~~“Third~~likelihood ~~Amendment”)~~of future events, toand ~~extend~~there ~~the~~can ~~Agreement~~be ~~End~~no ~~Date~~assurance ~~from~~that ~~March 31,~~any ~~2025~~design towill ~~April 30,~~succeed ~~2025~~in achieving its stated goals under all potential future conditions.

~~The~~Changes ~~Flybondi Business Combination Agreement provides for, among other things, the following transactions: (i) FB Parent will acquire the shares of Flybondi held by the Sellers~~ in ~~exchange~~Internal ~~for~~Control ~~the~~over ~~issuance~~Financial by FB Parent of new ordinary shares of FB Parent, and (ii) we will merge with and into Merger Sub, with us continuing as the surviving entity and as a wholly-owned subsidiary of FB Parent, and each of our issued and outstanding securities immediately prior to such merger will be cancelled and converted into the right of the holder thereof to receive a substantially equivalent security of FB Parent. Reporting

~~March~~Other than as discussed above, there have been no changes to our internal control over financial reporting during the quarterly period ended June 30, 2025 ~~Special~~that ~~Meeting~~materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

On March 28, 2025, the Company held a special meeting of its stockholders (the “ March 2025 Special Meeting”), at which the Company’s stockholders approved, among other things, the NTA Requirement Amendment Proposal (as defined below) to amend the Company’s amended and restated certificate of incorporation, as previously amended on May 3, 2023, November 2, 2023 and November 1, 2024 (as amended, the “Integral Charter” and such new amendment, the “Fourth Charter Amendment”), was approved. At the Meeting, the Company’s stockholders approved the following proposals (collectively, the “Proposals”): 30

~~(i)~~PART aII ~~proposal~~– toOTHER approve and adopt the Business Combination Agreement, as amended on July 2, 2024 and October 1, 2024 (as may be further amended, supplemented, or otherwise modified from time to time, the “Business Combination Agreement”), with FB Parent, Merger Sub, Flybondi and certain holders of Flybondi’s outstanding shares that have executed or joined the Business Combination Agreement (the “Sellers”), and the Business Combination contemplated thereby (together with the other transactions related thereto, the “Business Combination,” and collectively, the “Business Combination Proposal”), pursuant to which each of the following transactions will occur in the following order:INFORMATION

~~(A)~~Item ~~FB Parent will acquire the shares of Flybondi (the “Flybondi Shares”) held by the Sellers in exchange for the issuance by FB Parent of new ordinary shares of FB Parent (the “Share Exchange”)~~1. AtLegal the effective time of the Share Exchange, the total consideration to be paid by FB Parent to the Sellers for their Flybondi Shares shall be an aggregate number of ordinary shares of FB Parent (“FB Parent Ordinary Shares”) valued at $10Proceedings.00 per share, with an aggregate value of up to $300,000,000, with such amount equaling $300,000,000 if all holders of Flybondi Shares that are not Signing Sellers (as defined in the Business Combination Agreement) participate in the transactions by executing Seller Joinders to the Business Combination Agreement. Each Flybondi Share outstanding immediately prior to the effective time of the Share Exchange and held by a Seller will be exchanged for the number of FB Parent Ordinary Shares equal to the Per Share Exchange Ratio (as defined in the Business Combination Agreement) as provided in the Business Combination Agreement. All of the in-the-money vested Flybondi options outstanding immediately prior to the Share Exchange will be exercised and converted into the right to receive the number of FB Parent Ordinary Shares equal to the Per Share Exchange Ratio as provided in the Business Combination Agreement. All unvested and/or out-of-the-money Flybondi options outstanding immediately prior to the Share Exchange will be converted into options to purchase FB Parent Ordinary Shares equal to the Per Share Exchange Ratio as provided in the Business Combination Agreement. Any entitlements under the Deferred Incentive Plans (as defined in the Business Combination Agreement) may (at Flybondi’s discretion) be converted into the right to receive a number of FB Parent Ordinary Shares equal to the Per Share Exchange Ratio as provided in the Business Combination Agreement.

24To the knowledge of our Management, there is no material litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such or against any of our property.

~~Table~~Item of1A. ~~Contents~~Risk Factors.

~~(B)~~As ~~The~~a ~~Company~~smaller ~~will~~reporting ~~merge~~company ~~with~~under ~~and~~Rule 12b-2 ~~into~~of ~~Merger~~the ~~Sub~~Exchange (Act, we are not required to include risk factors in this Report. For risks relating to our operations, see the section titled “~~Merger~~Risk Factors” contained in our (i) IPO Registration Statement, ~~with~~(ii) ~~the~~2021 ~~Company~~Annual ~~continuing~~Report, as(ii) 2022 Annual Report, (iii) 2023 Annual Report, (iv) 2024 Annual Report, (v) Quarterly Reports on Form 10-Q for the ~~surviving~~quarterly ~~entity~~periods ended March 31, 2022, June 30, 2022, September 30, 2022, March 31, 2023, September 30, 2023, June 30, 2024 and March 31, 2025, as afiled ~~wholly-owned~~with ~~subsidiary~~the ofSEC FBon ~~Parent~~May 16, ~~and~~2022, ~~each~~August 15, ~~issued~~2022, November 14, 2022, May 15, 2023, November 21, 2023, August 7, 2024, November 11, 2024 and ~~outstanding~~May 29, ~~security~~2025, ofrespectively, ~~the~~(vi) ~~Company~~Definitive ~~immediately~~Proxy ~~prior~~Statement toon Schedule 14A, as filed with the ~~Merger~~SEC ~~will~~on beOctober 4, ~~canceled~~2024 and ~~converted~~(vii) ~~into~~Definitive Proxy Statement Prospectus, as filed with the ~~right~~SEC on March 7, 2025. Any of ~~the~~these ~~holder~~factors ~~thereof~~could toresult ~~receive~~in a ~~substantially~~significant ~~equivalent~~or ~~security~~material adverse effect on our results of FBoperations ~~Parent;~~or financial condition. Additional risks could arise that may also affect our ability to consummate an initial Business Combination. We may disclose changes to such risk factors or disclose additional risk factors from time to time in our future filings with the SEC.

~~(ii)~~Item ~~five~~2. ~~separate~~Unregistered ~~governance~~Sales ~~proposals~~of toEquity ~~approve,~~Securities ~~on a non-binding advisory basis, the following material changes between the Integral Charter~~ and ~~bylaws~~Use ~~and the amended and restated articles~~ of ~~FB Parent to be in effect following the Business Combination (the “FB Parent Articles”) (collectively, the “Advisory Governance Proposals”), as follows:~~Proceeds.

~~(A)~~Unregistered ~~The~~Sales ~~FB Parent Articles would grant the directors~~ of FBEquity ~~Parent the authority to allot FB Parent Ordinary Shares, up to a maximum nominal amount of £1,000,000, free of any rights of pre-emption (“Proposal No. 2A”);~~Securities

~~(B)~~There ~~The~~were FBno ~~Parent~~sales ~~Articles~~of ~~would~~unregistered ~~provide~~equity ~~for~~securities aduring ~~declassified~~the ~~board~~quarterly ofperiod ~~directors~~covered ~~with~~by the ~~result being that each director will be elected annually for a term of one year (“Proposal No~~Report. ~~2B”);~~

~~(C)~~Use ~~The FB Parent Articles would reduce the requisite quorum for a meeting~~ of ~~shareholders from a majority of outstanding voting power to two persons who are, or who represent by proxy, shareholders (“Proposal No. 2C”);~~Proceeds

~~(D)~~There ~~The~~have FBbeen ~~Parent~~no ~~Articles~~offerings ~~would~~of ~~include~~registered ansecurities ~~advance~~and ~~notice~~therefore ~~provision~~no ~~that~~planned ~~requires~~use aof ~~nominating~~proceeds ~~shareholder~~from tosuch ~~provide~~offerings ~~notice~~during tothe FBquarterly ~~Parent~~period incovered ~~advance~~by ofthe Report. For a ~~meeting~~description of ~~shareholders~~the ~~should~~use ~~such~~of ~~nominating~~proceeds ~~shareholder~~generated ~~wish~~in toour ~~nominate~~Initial aPublic ~~person~~Offering ~~for~~and ~~election~~Private toPlacement, see Part II, Item 5 of the ~~board~~2021 Annual Report. There has been no material change in the planned use of ~~directors~~proceeds ~~(“Proposal~~from Noour Initial Public Offering and Private Placement as described in the IPO Registration Statement. ~~2D”);~~The specific investments in our Trust Account may change from time to time.

~~(E)~~On ~~The~~October 31, FB2023, ~~Parent~~we ~~Articles~~instructed ~~would~~Continental ~~not~~to ~~include~~liquidate ~~provisions~~the ~~relating~~investments held in the Trust Account and instead to hold the ~~Company’s~~funds ~~status~~in asthe aTrust ~~special~~Account ~~purpose~~in ~~acquisition~~an ~~company~~interest-bearing ~~that~~demand ~~will~~deposit noaccount ~~longer~~at beJPMorgan ~~relevant~~Chase ~~following~~Bank, N.A., with Continental continuing to act as trustee, until the ~~closing~~earlier of the consummation of our initial Business Combination ~~(“Proposal~~or Noour liquidation. ~~2E”);~~As a result, following the liquidation of investments in the Trust Account, the remaining proceeds from the Initial Public Offering and Private Placement are no longer invested in U.S. government securities or money market funds invested in U.S. government securities.

~~(iii)~~Purchases a proposal to amend the Integral Charter to eliminate (i) the limitation that the Company shall not redeem Public Shares (as defined below) to the extent that such redemption would result in the Company’s failure to have net tangible assets of atEquity ~~least~~Securities ~~$5,000,001,~~by ~~upon consummation of~~ the ~~Company’s~~Issuer ~~initial Business Combination (such limitation, the “Redemption Limitation”),~~ and ~~(ii)~~Affiliated ~~the requirement that the Company shall not consummate an initial Business Combination unless the Redemption Limitation is not exceeded (together, the “NTA Requirement Amendment Proposal”).~~Purchasers

~~The~~There ~~proposals~~were ~~listed~~no ~~above~~purchases ~~are~~of ~~described~~equity insecurities ~~more~~by ~~detail~~us inor ~~the~~an ~~Company’s~~affiliate ~~definitive~~during ~~proxy statement/prospectus, filed with~~ the ~~Securities~~quarterly ~~and~~period ~~Exchange~~covered ~~Commission~~by (the ~~“SEC”) on March 7, 2025~~Report.

In connection with the Meeting, stockholders holding an aggregate of 348,502 shares of Class A Common Stock included in the Units sold in the Company’s Initial Public Offering properly exercised their right to redeem their Public Shares for cash at a redemption price of approximately $11.31 per share (which amount is expected to be reduced as a result of the withdrawal of interest to pay taxes prior to payment of redemption amounts to stockholders), for an aggregate redemption amount of approximately $3.94 million. Following such redemptions, the Company has 14,168 Public Shares issued and outstanding. As of the filing of this Form 10-Q, the Company has not paid funds to the redeeming stockholders and has recognized a redemption payable on the condensed balance sheet as of March 31, 2025. No redemption payable existed at December 31, 2024.

~~Extensions~~Item of3. ~~our~~Defaults ~~Combination~~Upon ~~Period~~Senior Securities.

~~On May 3, 2023, we held the First Special Meeting~~None. At the First Special Meeting, our stockholders approved the First Extension Amendment Proposal, which extended the date we had to consummate an initial Business Combination from May 5, 2023 to November 3, 2023. In connection with the vote to approve the First Extension Amendment Proposal, stockholders holding 8,470,059 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $87,843,748 (approximately $10.37 per share) was removed from the Trust Account to pay such redeeming stockholders.

OnItem ~~November 2, 2023, we held the Second Special Meeting, at which our stockholders approved, among other things, the Charter Amendment Proposals~~4. ~~Following~~Mine ~~approval~~Safety ~~of the Second Extension Amendment Proposal, our Combination Period was extended from November 3, 2023 to November 5, 2024~~Disclosures. In connection with the vote to approve the Charter Amendment Proposals, the holders of 1,831,599 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $19,763,618 (approximately $10.79 per share) was removed from the Trust Account to pay such redeeming stockholders.

OnNot October 31, 2024, we held the Third Special Meeting, at which our stockholders approved, among other things, the Third Extension Amendment Proposal, which extended the date we had to consummate an initial Business Combination from November 5, 2024 to November 5, 2025, on a monthly basis (or such earlier date as determined by the Board)applicable. In connection with the vote to approve the Third Extension Amendment Proposal, stockholders holding 835,672 Public Shares properly exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $9,538,763 (approximately $11.41 per share) was removed from the Trust Account to pay such redeeming stockholders.

WeItem ~~may seek to further extend the Combination Period consistent with applicable laws, regulations and stock exchange rules~~5. ~~Such~~Other ~~an extension would require the approval of our Public Stockholders, who will be provided the opportunity to redeem all or a portion of their Public Shares in connection with the vote on such approval~~Information. ~~Such redemptions will decrease the amount held in our Trust Account and our capitalization.~~

25Trading Arrangements

~~Table~~During the quarterly period ended June 30, 2025, none of ~~Contents~~our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act) adopted or terminated any “Rule 10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

~~Results~~Additional ~~of Operations~~ Information

~~As of March 31, 2025, we had not commenced any operations~~None. All activity for the period from February 16, 2021 (inception) through March 31, 2025 relates to our formation and the Initial Public Offering and, since the closing of the Initial Public Offering, the search for a prospective and consummation of an initial Business Combination. We have neither engaged in any operations nor generated any revenues to date. We will not generate any operating revenues until after the completion of our initial Business Combination, at the earliest. We will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Initial Public Offering and held in our Trust Account. We incur increased 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 March 31, 2025, we had net loss of $563,289, which consisted of operating costs of $588,285 and provision for income tax of $11,342, partially offset by interest income from the Trust Account of $36,338. 32

~~For~~Item the three months ended March 31, 2024, we had net loss of $260,035, which consisted of operating costs of $385,411 and provision from income tax of $44,075, partially offset by interest income from the Trust Account of $169,4516. Exhibits.

~~Factors~~The ~~That~~following ~~May~~exhibits ~~Adversely~~are ~~Affect~~filed ~~our~~as ~~Results~~part of, ~~Operations~~or incorporated by reference into, this Report.

Our results of operations and our ability to complete an initial Business Combination may be adversely affected by various factors that could cause economic uncertainty and volatility in the financial markets, many of which are beyond our control. Our business could be impacted by, among other things, downturns in the financial markets or in economic conditions, increases in oil prices, inflation, increases in interest rates, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the Middle East. We cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact our business and our ability to complete an initial Business Combination.

No.		Description of Exhibit
10.1		Mutual Termination Consent, dated as of June 4, 2025.⁽¹⁾

31.1		Certification of the Principal Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

31.2		Certification of the Principal Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*

32.1		Certification of the Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**

101.INS		Inline XBRL Instance Document.*

101.SCH		Inline XBRL Taxonomy Extension Schema Document.*

101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.*

101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.*

101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document.*

101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.*

104		Cover Page Interactive Data File (Embedded as Inline XBRL document and contained in Exhibit 101).*

Liquidity, Capital Resources and Going Concern

*	Filed herewith.
**	Furnished herewith.
(1)	Incorporated by reference to the Company’s Current Report on Form 8-K, as filed with the SEC on June 5, 2025.

~~As of March 31, 2025, we had $81,141 in our operating bank account, and a working capital deficit of $8,933,445.~~ 33

Prior to the completion of the Initial Public Offering, our liquidity needs were satisfied through (i) a loan under the IPO Promissory Note issued to the Sponsor totaling $252,950 and (ii) the issuance of 2,875,000 Class B Common Stock at approximately $0.009 per share for gross proceeds of $25,000. The IPO Promissory Note has been repaid and no other borrowings are permitted. Subsequent to the consummation of the Initial Public Offering, our liquidity needs have been satisfied through the issuance of the Private Placement Warrants, which generated gross proceeds of $4,950,000, the 2023 Promissory Note and the 2024 Promissory Note. SIGNATURES

~~Extension~~Pursuant ~~Promissory~~to ~~Notes~~the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

In connection with the approval of the First Extension Amendment Proposal at the First Special Meeting, we issued the First Extension Promissory Note on May 8, 2023 in the aggregate principal amount of up to $630,000 to the Sponsor. The First Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, we agreed to make monthly deposits of $105,000 into the Trust Account for each calendar month (commencing on May 8, 2023) or portion thereof, that was needed by us to complete an initial Business Combination until November 3, 2023, and such amount will be distributed either to: (i) all of the holders of Public Shares upon our liquidation or (ii) Public Stockholders who elect to have their Pubic Shares redeemed in connection with the consummation of the Business Combination. At March 31, 2025 and December 31, 2024, we had $355,000 of borrowings under the First Extension Promissory Note.

Dated: September 19, 2025	INTEGRAL ACQUISITION CORPORATION 1

	By:	/s/ Enrique Klix
	Name:	Enrique Klix
	Title:	Chief Executive Officer and Chief Financial Officer
		(Principal Executive Officer)

26 34

In connection with the approval of the Charter Amendment Proposals at the Second Special Meeting, we issued the Second Extension Promissory Note on November 8, 2023 in the aggregate principal amount of up to $359,503 to the Sponsor. The Second Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, we will continue to deposit $29,959 into the Trust Account for each calendar month (commencing on November 8, 2023 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by us to complete an initial Business Combination until November 5, 2024, and such amount will be distributed either to: (i) all of the holders of Public Shares upon our liquidation or (ii) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At March 31, 2025 and December 31, 2024, we had $359,503 of borrowings under the Second Extension Promissory Note.

In connection with the approval of the Third Extension Amendment Proposal at the Third Special Meeting, we issued the Third Extension Promissory Note on November 6, 2024 in the aggregate principal amount of up to $130,561 to the Sponsor. The Third Extension Promissory Note bears no interest and is repayable in full upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, we have deposited and will continue to deposit $10,880 into the Trust Account for each calendar month (commencing on November 6, 2024 and ending on the 5th day of each subsequent month), or portion thereof, that is needed by us to complete an initial Business Combination until November 5, 2025, and such amount will be distributed either to: (i) all of the holders of Public Shares upon our liquidation or (ii) holders of Public Shares who elect to have their Public Shares redeemed in connection with the consummation of the initial Business Combination. At March 31, 2025 and December 31, 2024, we had $54,400 and $21,760, respectively, of borrowings under the Third Extension Promissory Note.

Through March 31, 2025, we had deposited an aggregate of $1,043,903 to fund the Trust Account under the Extension Promissory Notes.

Working Capital Promissory Notes

In addition, in order to finance transaction costs in connection with an intended initial Business Combination, our Sponsor or an affiliate of our Sponsor or certain of our officers and directors may, but are not obligated to, loan us Working Capital Loans as may be required on a non-interest basis. If we complete an initial Business Combination, we would repay such Working Capital Loans. In the event that the initial Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, but no proceeds from our Trust Account would be used for such repayment. Up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.00 per warrant at the option of the lender. The warrants would be identical to the Private Placement Warrants. Prior to the completion of our initial Business Combination, we do not expect to seek loans from parties other than our Sponsor or an affiliate of our Sponsor, as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account.

On July 10, 2023, we issued the 2023 Promissory Note to the Sponsor in an amount of up to $1,500,000 in connection with the convertible Working Capital Loans. The 2023 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which we consummate a Business Combination and (ii) the date of our liquidation. Additionally, at the option of the Sponsor, the unpaid principle may be converted into warrants at a conversion price of $1.00 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that the initial Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay the convertible Working Capital Loans, but no proceeds from the Trust Account would be used to repay the convertible Working Capital Loans. As of March 31, 2025 and December 31, 2024, we owed $1,500,000 and $1,500,000, respectively, under the 2023 Promissory Note and reported the amounts as “Working Capital Loans – convertible” on the balance sheets of the financial statements contained elsewhere in this Report.

On September 12, 2024, we issued the 2024 Promissory Note in the aggregate principal amount of up to $3,000,000 to the Sponsor. The 2024 Promissory Note was issued in connection with advances the Sponsor has made, and may make in the future, to us for working capital and transaction expenses. The 2024 Promissory Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which we consummates our initial Business Combination and (ii) the date our winding up is effective. At March 31, 2025 and December 31, 2024, we had $759,493 and $531,493, respectively, of borrowings under the 2024 Promissory Note.

Excise Tax Liability

Associated with the proposed Business Combination, Cartesian Escrow Parties provided $900,000 to us for the payment of excise taxes. On October 23, 2024, we filed our excise tax return and paid $1,076,073 using $900,000 acquired from the Cartesian Escrow Parties in association with the Flybondi Business Combination Agreement, along with other funds from our Company.

Going Concern

In connection with our assessment of going concern considerations in accordance with ASU 2014-15, Management has determined that the mandatory liquidation and subsequent dissolution, should we be unable to complete a Business Combination within the Combination Period, and insufficient cash, raises substantial doubt about our ability to continue as a going concern. Following the Third Special Meeting and approval of the Third Extension Amendment Proposal, we have until November 5, 2025 to consummate a Business Combination. It is uncertain that we will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of our Company. No adjustments have been made to the carrying amounts of assets or liabilities should we be required to liquidate after the end of the Combination Period.

Contractual Obligations

We do not have any long-term debt obligations, capital lease obligations, operating lease obligations, purchase obligations or long-term liabilities.

Services Agreement

On November 2, 2021, we agreed to pay the Sponsor a total of $20,000 per month for office space, utilities, and secretarial and administrative support pursuant to the Services Agreement. Upon completion of the Business Combination or our liquidation, we will cease paying these monthly fees. Total administrative fee for the three months ended March 31, 2025 and 2024 are $60,000, respectively. At March 31, 2025 and December 31, 2024, $120,000 is reported on the balance sheets of the financial statements contained elsewhere in this Report as due to the Sponsor for the administrative fees due, respectively.

Registration Rights Agreement

Pursuant to the Registration Rights Agreement, the holders of the (i) Founder Shares, (ii) Private Placement Warrants, and (iii) warrants that may be issued upon conversion of the Working Capital Loans (and in each case holders of their underlying securities, as applicable) have registration rights to require us to register a sale of any of our securities held by them prior to the consummation of our initial Business Combination. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to our completion of our initial Business Combination. We will bear the expenses incurred in connection with the filing of any such registration statements.

Anchor Investment

The Anchor Investors purchased an aggregate of approximately $60.8 million of the Units in the Initial Public Offering at the public offering price. There can be no assurance that the Anchor Investors will retain their Units prior to or upon the consummation of the initial Business Combination. In addition, none of the Anchor Investors has any obligation to vote any of their Public Shares in favor of the initial Business Combination.

The Anchor Investors have not been granted any stockholder or other rights that are in addition to those granted to our other Public Stockholders, and were only issued equity interests in our Sponsor, with no right to control our Sponsor or vote or dispose of any securities held by our Sponsor. Further, unlike some anchor investor arrangements of other blank check companies, the Anchor Investors are not required to (i) hold any Units, Class A Common Stock or Public Warrants they may have purchased in the Initial Public Offering or thereafter for any amount of time, (ii) vote any shares of Class A Common Stock they may own at the applicable time in favor of our initial Business Combination or (iii) refrain from exercising their right to redeem their Public Shares at the time of our initial Business Combination. The Anchor Investors have the same rights to the funds held in the Trust Account with respect to any Public Shares they hold as the rights afforded to our other Public Stockholders.

Critical Accounting Estimates and Policies

We account for income taxes under ASC 740. ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. We assess the likelihood that deferred tax assets will be recovered from the existing deferred tax liabilities or future taxable income. To the extent we believe that recovery will not meet the more likely than not threshold, it establishes a valuation allowance.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise required under this Item.

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are controls and other procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is accumulated and communicated to Management, including our Chief Executive Officer and Chief Financial Officer (together, the “Certifying Officers”), or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of our Management, including our Certifying Officers, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on the foregoing, our Certifying Officers concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this Report, due to identified material weaknesses related to errors in fair value calculation of certain financial instruments and lack of controls in connection with accuracy and completeness of unrecorded liabilities and income tax payable, including New York State taxes, and timely review of the difference between the 2023 tax provision and corporate income tax return that resulted in a potential tax liability of $371,214 as of September 30, 2024. Management plans to enhance internal controls and procedures, including enhancing access to accounting literature, identification and consideration of third-party professionals with whom to consult regarding complex accounting applications and implementing additional layers of reviews in the financial close process.

In light of this material weakness, we have enhanced our processes to identify and appropriately apply applicable accounting requirements to better evaluate and understand the nuances of the complex accounting standards that apply to our financial statements including making greater use of third-party professionals with whom we consult regarding complex accounting applications. The elements of our remediation plan can only be accomplished over time, and we can offer no assurance that these initiatives will ultimately have the intended effects. We believe our efforts will enhance our controls relating to accounting for complex financial transactions, but we can offer no assurance that our controls will not require additional review and modification in the future as industry accounting practice may evolve over time.

We do not expect that our disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

Changes in Internal Control over Financial Reporting

Other than as discussed above, there have been no changes to our internal control over financial reporting during the quarterly period ended March 31, 2025 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

Item 1. Legal Proceedings.

To the knowledge of our Management, there is no material litigation currently pending or contemplated against us, any of our officers or directors in their capacity as such or against any of our property.

Item 1A. Risk Factors.

As a smaller reporting company under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. For additional risks relating to our operations, other than as set forth below, see the section titled “Risk Factors” contained in our (i) IPO Registration Statement, (ii) 2021 Annual Report, (ii) 2022 Annual Report, (iii) 2023 Annual Report, (iv) 2024 Annual Report, (v) Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2022, June 30, 2022, September 30, 2022, March 31, 2023, September 30, 2023 and June 30, 2024, as filed with the SEC on May 16, 2022, August 15, 2022, November 14, 2022, May 15, 2023, November 21, 2023, August 7, 2024 and November 11, 2024, respectively, (vi) Definitive Proxy Statement on Schedule 14A, as filed with the SEC on October 4, 2024 and (vii) definitive proxy statement/prospectus, as filed with the SEC on March 7, 2025. Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional risks could arise that may also affect our business or ability to consummate an initial Business Combination. We may disclose changes to such risk factors or disclose additional risk factors from time to time in our future filings with the SEC.

For risks related to Flybondi and the Flybondi Business Combination, please see the Flybondi Registration Statement.

Changes in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our search for an initial Business Combination target or the performance or business prospects of a post-Business Combination company.

There have recently been significant changes to international trade policies and tariffs affecting imports and exports. Any significant increases in tariffs on goods or materials or other changes in trade policy could negatively affect our search for a target and/or our ability to complete our initial Business Combination.

Recently, the U.S. has implemented a range of new tariffs and increases to existing tariffs. In response to the “tariffs announced by the U.S., other countries have imposed, are considering imposing, and may in the future impose new or increased tariffs on certain exports from the United States. There is currently significant uncertainty about the future relationship between the United States and other countries with respect to trade policies, taxes, government regulations and tariffs. and we cannot predict whether, and to what extent, current tariffs will continue or trade policies will change in the future.

Tariffs, or the threat of tariffs or increased tariffs, could have a significant negative impact on certain businesses (either due to domestic businesses’ reliance on imported goods or dependence on access to foreign markets, or foreign businesses’ reliance on sales into the United States). In addition, retaliatory tariffs could have a significant negative impact on foreign businesses that rely on imports from the United States, and domestic businesses that rely on exporting goods internationally. These tariffs and threats of tariffs and other potential trade policy changes could negatively affect the attractiveness of certain initial Business Combination targets, or lead to material adverse effects on a post-Business Combination company. Among other things, historical financial performance of companies affected by trade policies and/or tariffs may not provide useful guidance as to the future performance of such companies, because future financial performance of those companies may be materially affected by new U.S. tariffs or foreign retaliatory tariffs, or other changes to trade policies. The business prospects of a particular target for a Business Combination could change even after we enter into a Business Combination agreement, as a result of tariffs or the threat of tariffs that may have a material impact on that target’s business, and it may be costly or impractical for us to terminate that Business Combination agreement. These factors could affect our selection of a Business Combination target.

We may not be able to adequately address the risks presented by these tariffs or other potential trade policy changes. As a result, we may deem it costly, impractical or risky to complete an initial Business Combination with a particular target or with a target in a particular industry or from a particular country. Consequently, the pool of potential target companies may be reduced, which could impair our ability to identify a suitable target and to complete an initial Business Combination. If we complete an initial Business Combination with such a target, the post-Business Combination company’s operations and financial results could be adversely affected as a result of tariffs or changes to trade policies, which may cause the market value of the securities of the post-Business Combination company to decline.

The share price of the post-Business Combination company may be less than the Redemption Price (as defined below) of our Public Shares.

Each Unit sold in our Initial Public Offering at an offering price of $10.00 per Unit consisted of one Public Share and one-half of one Public Warrant. Of the proceeds we received from the Initial Public Offering and the Private Placement, $116,725,000 was placed in our Trust Account. On March 28, 2025, we held a special meeting of its stockholders, at which the Company’s stockholders approved, among other things, the Flybondi Business Combination. In connection therewith, we provided our Public Stockholders the opportunity to redeem all or a portion of their Public Shares at a pro rata redemption of approximately $11.31 per Public Share (the “Redemption Price”).

There can be no assurance that, after our initial Business Combination, such as the Flybondi Business Combination, our Public Stockholders would be able to sell their shares in the post-Business Combination company for the Redemption Price, or any higher price. It is therefore possible that the share price of the post-Business Combination company may decline below the Redemption Price. In recent years, the share prices of many post-Business Combination companies have fallen following a Business Combination. As a result, if our Public Stockholders continue to hold shares in the post-Business Combination company following our initial Business Combination, we cannot assure our stockholders that the trading price of such shares will be greater than the Redemption Price.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Unregistered Sales of Equity Securities

None.

Use of Proceeds

For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 5 of the 2021 Annual Report. There has been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement. The specific investments in our Trust Account may change from time to time.

On October 31, 2023, we instructed Continental to liquidate the investments held in the Trust Account and instead to hold the funds in the Trust Account in an interest-bearing demand deposit account at JPMorgan Chase Bank, N.A., with Continental continuing to act as trustee, until the earlier of the consummation of our initial Business Combination or our liquidation. As a result, following the liquidation of investments in the Trust Account, the remaining proceeds from the Initial Public Offering and Private Placement are no longer invested in U.S. government securities or money market funds invested in U.S. government securities.

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

On October 31, 2024, the Company held the Third Special Meeting, which was adjourned from October 28, 2024, at which the Company’s stockholders approved, among other things, the Third Extension Amendment Proposal, which extended the Combination Period from November 5, 2024 to November 5, 2025. 835,672 Public Shares that were redeemed in connection with the vote to approve the Third Extension Amendment Proposal, resulting in approximately $9.5 million (approximately $11.41 per share) being removed from the Trust Account to pay such redeeming Public Stockholders. Following the Third Special Meeting Redemptions, we have 362,670 Public Shares outstanding.

10-Q,

There were no such repurchases of our equity securities by us or an affiliate during the quarterly period covered by the Report.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Trading Arrangements

Rule 16a-1(f)promulgated

10b5-1

“non-Rule

10b5-1

S-K.

Additional Information

None.

Item 6. Exhibits.

The following exhibits are filed as part of, or incorporated by reference into, this Report.

No.		Description of Exhibit
10.1		Assignment, Novation and Amendment Agreement, dated July 2, 2024, by and among the Company, FP Parent, Flybondi Holdings, Merger Sub, Flybondi and the Joining Sellers. (1)
10.2		Amendment No. 1 to Sponsor Support Agreement, dated July 2, 2024, by and among the Company. The Sponsor and Flybondi. (1)
31.1		Certification of the Principal Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
31.2		Certification of the Principal Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
32.1		Certification of the Principal Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
32.2		Certification of the Principal Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**
101.INS		Inline XBRL Instance Document.*
101.SCH		Inline XBRL Taxonomy Extension Schema Document.*
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document.*
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document.*
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document.*
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document.*
104		Cover Page Interactive Data File (Embedded as Inline XBRL document and contained in Exhibit 101).*

* Filed herewith.

** Furnished herewith.

(1) Incorporated by reference to the Company’s Current Report on Form 8-K, as filed with the SEC on July 9, 2024.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: May 29, 2025	INTEGRAL ACQUISITION CORPORATION 1
	By:	/s/ Enrique Klix
	Name:	Enrique Klix
	Title:	Chief Executive Officer
		(Principal Executive Officer)
Dated: May 29, 2025	By:	/s/ Oliver Matlock
	Name:	Oliver Matlock
	Title:	Chief Financial Officer
		(Principal Financial and Accounting Officer)

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