They are a newly organized blank check company. While they may pursue an initial business combination target in any industry or sector, they intend to focus their search on companies that operate in the Latin American markets. They believe that the Latin American region holds a diverse base of numerous public-ready businesses seeking capital to fund their operations and achieve long-term growth. However, most companies in the region face hurdles in their pursuit of equity capital through traditional avenues. Late private funding for emerging companies in Latin America remains scarce and expensive, while the local public capital markets outside Brazil have historically been inefficient, illiquid, and limited in depth as compared to the U.S. capital markets. Although they will seek investments in all sectors and industries, they intend to focus on companies with distinct competitive advantages, leading market positions, and operations in fast-growing and profitable sectors in Latin America. Their management team, board of directors, and strategic investors have ample experience and successful track records operating, investing, and advising Latin American companies across the following sectors, and they expect to focus their primary search efforts on healthcare, financial services, technology and digital infrastructure, consumer goods and e-commerce, and industrials and manufacturing.