They are a blank check company. Although they may pursue targets in any industry, they intend to focus their efforts on identifying high growth, U.S. and international acquisition targets in the financial technology (“Fintech”) and Embedded Finance sectors. They intend to capitalize on the ability of their sponsor team to identify and acquire and advise a business that can benefit from their founders’ management expertise and disciplined approach to capital allocation and investment oversight. “Embedded Finance” refers to the combination of a non-financial service provider with a financial technology. Their sponsor team is comprised of their founders complemented by a group of industry veterans that either hold independent board of director positions or will serve as advisors to the Company, who may assist in the sourcing and evaluation of potential targets. They believe that their sponsor team’s experience in driving operational improvements and organic growth as well as optimizing capital allocation will benefit them following the initial business combination and create value for stockholders. Several members of their sponsor team, including Daniel Ciporin, their Chief Executive Officer, have a track record of building growth-oriented businesses on the foundation of strategic planning, organic growth and opportunistic acquisitions coupled with strong cash flow generation.