Investcorp AI Acquisition Corp.

Investcorp AI Acquisition Corp. is a Cayman Islands exempted company formed on February 19, 2021. It operates as a special purpose acquisition company (SPAC) with the objective of completing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, referred to as the "Initial Business Combination." The company has undergone several name changes since its formation. It was originally named Investcorp Acquisition Corp., then changed to Investcorp India Acquisition Corp. on January 11, 2022. On October 15, 2024, its name changed to Investcorp AI Acquisition Corp., and subsequently to Libity on May 14, 2026. The company's fiscal year ends on December 31. Investcorp AI Acquisition Corp. has not yet begun any operations and will not generate operating revenue until it completes an Initial Business Combination. The company's initial public offering (IPO) became effective on May 9, 2022. On May 12, 2022, the company completed its IPO, selling 25,875,000 units, which included the underwriter's over-allotment, at a price of $10.00 per unit. This generated gross proceeds of $258,750,000. Each unit comprised one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. Concurrently with the IPO closing, the Former Sponsor, ICE I Holdings Pte. Ltd., purchased 16,087,500 private placement warrants at $1.00 per warrant, generating gross proceeds of $16,087,500. After accounting for IPO expenses, $266,512,500 was placed into a U.S.-based trust account and invested in U.S. government securities with a maturity of 185 days or less, or in qualifying money market funds. Samara Special Opportunities, a Cayman Islands exempted company, acquired control of the company on August 28, 2025, becoming the Current Sponsor.