We intend to focus on businesses in the next-generation mobility sector. We intend to evaluate compelling opportunities related to mobility markets; digital platforms that expand access to mobility; sensor technologies and enabling components; autonomous computing and fleet management systems; next-generation aviation; new powertrain technologies and sustainable infrastructure as they relate to mobility and industrial applications, all of which we believe complement the core competencies of our team and meet our acquisition criteria.

(Note: Atlantic Coastal Acquisition Corp. priced its SPAC IPO on March 3, 2021, in line with the terms in its prospectus: 30 million units at $10 each to raise $300 million.)