They are a newly organized blank check company. While they may pursue an acquisition or business combination target in any business or industry, they intend to focus their search on a technology business in the consumer internet or media space, including sports and entertainment verticals, with enterprise values of approximately $500 million to $2.5 billion. In particular, they shall focus on disruptive, high growth companies with a global ambition that take advantage of: (a) the rise of new consumer behaviors driven by the internet or new technologies, or (b) paradigm shifts in media, sports and entertainment that give rise to disruptive new entrants here to stay for the coming decades. Their management team is composed of experienced dealmakers and highly regarded industry veterans in the consumer internet and media space. The management team has decades of experience investing into and operating innovative and transformative platforms in consumer internet and media, as well as scaling businesses into new geographies, especially Asia. They believe that the experience and capabilities of their management team will make them an attractive partner to potential target businesses, enhance their ability to complete a successful business combination, and add value to the business post-business combination.