They are a newly organized blank check company incorporated on January 22, 2021 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which they refer to throughout this prospectus as their initial business combination. They have not identified any business combination target and they have not, nor has anyone on their behalf, initiated any substantive discussions, directly or indirectly, with respect to identifying any business combination target. They intend to focus their efforts in identifying a prospective target business with either all or a substantial portion of its activities in North America, Europe, or Asia. Traditional industry, and with it, global trade, is being transformed and disrupted by the fourth industrial revolution. The confluence of virtually all sectors of the global economy with new technologies and processes is fundamentally changing the way people live, work and communicate with each other. This has recently been accelerated by world events especially the COVID-19 pandemic which necessitated drastic adjustments to virtually every business model globally.