They are a newly organized blank check company. While they may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, they intend to capitalize on the expertise and ability of their management team to identify and transact with a business that provides decarbonization and/or sustainability solutions to the global industrial complex. Their sponsor is an affiliate of the AMCI group of companies. Established in 1986, AMCI Group ("AMCI") is a privately held group that invests in and operates industrial businesses focused on natural resources, transportation, infrastructure, metals and energy. AMCI has invested over $1.7 billion in 40 industrial companies with operations spanning the globe. AMCI’s existing portfolio consists of 21 companies with approximately 8,000 employees and over $6 billion in annual revenue. AMCI takes an active role in its portfolio companies and uses its extensive operational experience in managing these businesses to build equity value through organic expansion, mergers and acquisitions and operational enhancements. They are led by their management team of Nimesh Patel and Brian Beem, who serve as their Chief Executive Officer and President, respectively. Messrs. Patel and Beem are affiliated with their sponsor, AMCI.
William Hunter has been our President, Chief Executive Officer and Chief Financial Officer, as well as a Director, since inception. He has been the Chief Financial Officer of AMCI Group since 2017, and since 2015 he has been Managing Partner at Hunter Natural Resources LLC, a consulting firm in the industrial, consumer and natural resources sectors. Mr. Hunter has been involved in over $20 billion of transactions in the natural resources, transportation and industrial industries during his 25 years in the industry. He is currently a member of the board of Oroplata Resources (OTC:ORRP), which is an early stage exploration company focused on lithium brine. From 1999 to 2015, Mr. Hunter worked as a Director or Managing Director at Nomura Securities, Teneo Capital, Dahlman Rose & Co., Jefferies & Company and TD Securities. He holds a B.S.C. in Finance and an M.B.A. in Finance from DePaul University. Mr. Hunter is well-qualified to serve on our Board of Directors due to his extensive corporate finance and capital markets experience.