The Company is a blank check company sponsored by an affiliate of Belay Associates, LLC and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus its search for business combination targets on the wealth management industry, including independent financial advisory providers as well as wealth management-focused technology companies, although it may pursue an acquisition in any business industry or sector.