They are a newly incorporated blank check company. They have not identified any potential business combination target and they have not, nor has anyone on their behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. While they may pursue an acquisition opportunity in any industry or sector, they intend to focus on businesses in the digital media and entertainment sectors that complement their management team's expertise and will benefit from their operational experience. They intend to capitalize on the ability of their management team to identify, acquire and operate a business in the media and entertainment industries, as well as adjacencies including digitally-enabled marketplaces, services, and platforms. They believe the significant experience and relationships of their management team will facilitate completing a compelling initial business combination. The business executives that comprise their management team are recognized leaders in the digital media and entertainment industries and have experience in scaling, transforming and driving growth in prominent companies in these domains.