Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region and may include, without limitation, targets in industries such as mobility, transportation, new energy, software, infrastructure, consumer, defense and cybersecurity, business and real estate services, financial and data services, healthcare, diversified industrial manufacturing, technology, distribution and services, as well as companies that help to address evolving environmental, social and governance (“ESG”) related issues. Based on our management’s experience, including with prior special purpose acquisition companies, we have developed the following non-exclusive investment criteria that we intend to use to screen for and evaluate prospective target businesses; 

  • Leading Industry Position with Supportive Long-Term Dynamics and Competitive Market Advantage
  • Stable Free Cash Flow, Prudent Debt and Financial Visibility
  • Benefit Uniquely from a Business Combination with a Special Purpose Acquisition Company
  • Would Benefit Uniquely from our Capabilities
  • Proprietary and/or High Conviction Transactions
  • Committed and Capable Management Team
  • Potential to Grow, Including Through Further Acquisition Opportunities
  • Preparedness for the Process and Public Markets

These criteria are not intended to be exhaustive or exclusive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. In the event that we decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, we intend to disclose that the target business does not meet the above criteria in our stockholder communications related to any business combination.