They are a newly-organized blank check company. While they may pursue an initial business combination opportunity in any business, industry, sector or geographical location, they intend to focus on industries that complement their management team’s background, and to capitalize on the ability of their management team to identify and acquire a business and it is their current intention to pursue prospective targets that are focused in the pharmaceutical and medical devices sectors. They anticipate focusing their investment effort broadly across the Pharmaceutical and medical devices sectors. They believe that their investment and operating expertise across multiple industry verticals will give them a large, addressable universe of potential targets. The diversity of the target universe and the number of largely uncorrelated subsectors maximizes that likelihood that their management team will be able to identify and execute an attractive transaction. At the time of preparing this prospectus, they have not identified any specific business combination, nor has anyone on their behalf initiated or engaged in any substantive discussions, formal or otherwise, related to such a transaction. Their efforts to date are limited to organizational activities related to this offering.