Consumer packaged goods companies are in focus at this new blank-check company or SPAC. This SPAC is sponsored by an affiliate of the parent of Post, the cereal company famous for inventing Grape-Nuts in 1897. The company became the first packaged food consolidator, as Postum Cereals Company acquired over a dozen companies between 1925 and 1929, expanding its product line to more than 60 products and eventually changing its name to General Foods Corporation.