We will primarily seek to acquire one or more growth businesses with a total enterprise value of between $300 million and $600 million. (Giant Oak Acquisition Corp. is a blank check company incorporated in the British Virgin Islands.) We believe that there are a substantial number of potential target businesses within this valuation range that can benefit from new capital for scalable operations to yield significant revenue and earnings growth. We currently do not intend to acquire either a start-up company (a company that has not yet established commercial operations) or a company with negative cash flow.

Our sponsor, Yolanda Management Corp., and certain members of our Board of Directors and management have significant business ties to or are based in the People’s Republic of China and Hong Kong. We may consider a business combination with an entity or business with a physical presence or other significant ties to the People’s Republic of China or Hong Kong. which may subject the post business combination business to the laws, regulations and policies of the People’s Republic of China (PRC or China).

**See “Risk Factors” beginning at page 29 of the prospectus and specifically at page 57 under the sub-heading “Risks Related to Acquiring or Operating Businesses in the PRC.”