They are a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. They have not selected any specific business combination target and they have not, nor has anyone on their behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with them. They may pursue an initial business combination target in any industry or geographic region. They intend to focus their search for an initial business combination on companies within the mobile application (“app”) ecosystem or consumer internet companies with enterprise valuations in the range of $500 million to $1.5 billion, though their search may span many consumer software segments worldwide. They intend to specifically focus on companies that have created compelling mobile app experiences with significant growth in segments such as gaming, entertainment, education, e-commerce, dating and health and wellness.