We are an early stage blank check company recently 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. We intend to acquire and operate a business in the consumer and consumer-related products and services industries and believe our management team is well suited to identify opportunities that have the potential to generate attractive risk-adjusted returns for our stockholders. However, we are not limited to these industries and if the Transaction (defined below) is not consummated, we may pursue a business combination opportunity in any business or industry we choose and we may pursue a company with operations or opportunities outside of the United States.
Our executives are experienced at recognizing and quantifying the value of brands, and creating strategies to reposition those brands so that they reach their full market potential. Not only does our management team bring a combination of operating, investing, financial and transaction experience, but also has worked together for over a decade, creating value for shareholders.
Past performance of our management team is not a guarantee of success with respect to any business combination we may consummate. You should not rely on the historical performance record of our management as indicative of our future performance. Our officers and directors have not had management experience with blank check companies or special purpose acquisition corporations in the past.