{"url_path":"/sec/mrln/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2028707/0001213900-26-057138-index.html","accession_number":"0001213900-26-057138","cik":"0002028707","ticker":"MRLN","issuer_name":"Merlin, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2028707/0001213900-26-057138-index.html","primary_entity_key":"0002028707","primary_entity_name":"Merlin, Inc."},"word_count":194,"has_tables":true,"body_markdown":"* *\n\nItem 2. Unregistered Sales of Equity Securities\nand Use of Proceeds\n\n \n\n*Unregistered Sales of Equity Securities*\n\n \n\nOther than as disclosed in the Company’s\nCurrent Report on Form 8-K filed on March 20, 2026, the Company has not sold equity securities in a transaction that is not registered\nunder the Securities Act during the quarter ended March 31, 2026.\n\n \n\n*Use of Proceeds*\n\n \n\nOn November 4, 2024, Inflection Point Acquisition\nCorp. IV consummated an initial public offering (the “IPO”) of 25,000,000 units, each consisting of one Class A ordinary share,\n$0.0001 par value, and one right to receive one-tenth of one Class A ordinary share upon the consummation of an initial business combination\n(the “Units”). The Units sold in the IPO were sold at an offering price of $10.00 per Unit, generating gross proceeds of $250,000,000.\nCohen Capital Markets acted as underwriter of the Initial Public Offering. The securities in the offering were registered under the Securities\nAct on a registration statement on Form S-1 (No. 333-280777). The SEC declared the registration statement effective on October 31, 2024.\nThe funds from the IPO were used as consideration for the Merger.\n\n \n\n*Issuer Purchases of Equity Securities*\n\n \n\nNone."}