Viking Acquisition Corp I — fact timeline

Viking Acquisition Corp I amended Amendment No. 1 to Business Combination Agreement with NorthStar Earth and Space Inc. valued at Amendment to Business Combination Agreement dated April 16, 2026, revising sequencing and mechanics, (effective 2026-05-15).

“On May 15, 2026, Viking, NorthStar and NewCo entered into Amendment No. 1 to Business Combination Agreement (the “ Amendment ”). The Amendment (i) revises the sequencing and mechanics of certain transactions contemplated by the Business Combination Agreement, including providing that the redemption of Viking’s public shares will occur prior to Viking’s continuation from the Cayman Islands to Canada and prior to the Closing; (ii) updates the structure and steps of the transactions to be effected at Closing, including with respect to share conversions, warrant conversions and equity exchanges in connection with the Amalgamation; (iii) clarifies the intended U.S. and Canadian tax treatment of the transactions; and (iv) makes related conforming and definitional changes to the Business Combination Agreement. A copy of the Amendment is filed with this Current Report on Form 8-K as Exhibit 2.1 and is incorporated herein by reference, and the foregoing description of the Amendment is qualified”

Viking Acquisition Corp I entered into Business Combination Agreement with NorthStar Earth and Space Inc. and Viking NS Amalgamation Corp. valued at $300 million (effective 2026-04-16).

“On April 16, 2026, Viking Acquisition Corp. I, an exempted company limited by shares incorporated under the Laws of the Cayman Islands (“ Viking ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”) with NorthStar Earth and Space Inc., a corporation existing under the Canadian Corporate Statute (the “ Company ” or “ NorthStar ”), and Viking NS Amalgamation Corp., a corporation existing under the Canadian Corporate Statute (“ NewCo ”).”

Viking Acquisition Corp I issued 310,000 Private Placement Units of unit to Cohen for $10.00 per unit, generating gross proceeds to the Company of $3,100,000.

“and (ii) 310,000 Private Placement Units to Cohen at a price of $10.00 per unit under the Cohen Units Purchase Agreement, generating gross proceeds to the Company of $3,100,000, for aggregate gross proceeds to the Company of $6,600,000.”

Viking Acquisition Corp I issued 350,000 Private Placement Units of unit to Sponsor for $10.00 per unit, generating gross proceeds to the Company of $3,500,000.

“Simultaneously with the closing of the IPO, the Company completed the private sale and issuance of an aggregate of 660,000 private placement units (the " Private Placement Units") , consisting of the sale and issuance of (i) 350,000 Private Placement Units to the Sponsor at a price of $10.00 per unit under the Sponsor Units Purchase Agreement, generating gross proceeds to the Company of $3,500,000”

Viking Acquisition Corp I: Adopted First Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2025-10-30).

“On October 30, 2025, in connection with the IPO, the Company adopted its First Amended and Restated Memorandum and Articles of Association (the “ Amended and Restated Articles ”), effective the same day.”