We are a blank check company incorporated in the British Virgin Islands.

We will primarily seek to acquire one or more growth businesses with a total enterprise value of between $300 million and $600 million.

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 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).

**Note: See “Risk Factors” in the prospectus: Risks Related to Acquiring or Operating Businesses in the PRC

(Giant Oak Acquisition Corp. cut the size of its SPAC IPO by 40 percent to 6.0 million units – down from 10.0 million units – at $10.00 each to raise $60.0 million, in an S-1/A filing dated Oct. 12, 2023. The Oct. 12, 2023, filing is the first update of Giant Oak Acquisition’s IPO prospectus since January 2023. Background Note: Giant Oak Acquisition Corp. filed its S-1 on Feb. 22, 2022, in which it disclosed its original terms: 10.0 million units at $10.00 each to raise $100.0 million. The New York-based blank check company, whose board and management have substantial ties to China, submitted confidential IPO documents to the SEC on May 7, 2021.)