We primarily intend to focus on acquiring a growth-oriented business with an enterprise value between $150 million and $500 million. 

Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region other than we have agreed that we will not undertake an initial business combination with any entity headquartered in or that conducts the majority of its business in, China, including Hong Kong and Macau.

Eddie Ni, our president and CEO, brings us his more than 30 years of investment, business management and entrepreneurial experience. He has been the chairman and chief executive officer of Windfall Group since December 2009. Windfall Group, an Ohio corporation, has a large business portfolio involved in a variety of industries in the U.S., including real estate, building supply and construction, including the import/export of construction materials and home building structures such as granite and cabinets. 

(Note: Goldenstone Acquisition Ltd. priced its SPAC IPO on March 16, 2022, in sync with the terms in its prospectus: 5 million units at $10 each to raise $50 million. Goldenstone’s pricing marked a total of 52 SPAC IPOs priced so far in 2022.)