We are an early stage blank check company formed as a Delaware corporation 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 we refer to throughout this Report as our initial business combination. While our efforts to identify a target business may span many industries and regions around the world, we intend to focus our search for prospects within the technology industry.
Our goal is to consummate an initial business combination with a high-performing technology company valued between $500 million and $1 billion. By leveraging our management's track record, extensive industry experience, and a deep personal network we bring substantial and symbiotic benefits to an acquired company.
The benefits we offer to a target company encompass but are not limited to the following: