{"url_path":"/sec/cik-0001852889/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 Executive Compensation**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-22","source_url":"https://www.sec.gov/Archives/edgar/data/1852889/0001829126-26-006699-index.html","accession_number":"0001829126-26-006699","cik":"0001852889","ticker":null,"issuer_name":"Libity","edgar_url":"https://www.sec.gov/Archives/edgar/data/1852889/0001829126-26-006699-index.html","primary_entity_key":"0001852889","primary_entity_name":"Libity"},"word_count":152,"has_tables":true,"body_markdown":"**Item 11. Executive Compensation**\n\n \n\nNone of our officers or directors has received any cash compensation for services rendered to us. Prior to the closing of the Sponsor Purchase Agreement, we reimbursed our Former Sponsor $10,000 per month for office space, utilities and administrative services. The administrative services arrangement with the Former Sponsor terminated in connection with the August 28, 2025 closing, and the Current Sponsor provides office space and administrative services to the Company at no cost. Our Sponsor, officers and directors are reimbursed for out-of-pocket expenses incurred in connection with activities on our behalf.\n\n \n\nAfter completion of an Initial Business Combination, directors or members of our management team who remain with the Company may be paid consulting, management or other compensation by the combined company. All such compensation will be fully disclosed to shareholders to the extent then known in the proxy materials furnished in connection with the Initial Business Combination."}