(Note: Inkstone Feibo Acquisition Corp. withdrew its plans for a SPAC IPO in a letter to the SEC dated Jan. 4, 2024.)

We intend to leverage the knowledge, expertise, capabilities and deep industry relationships of our management team and board of directors to focus on biotechnology and green technology companies with an emphasis on Environmental, Social and Governance (“ESG”) practices in the United States and Taiwan. (Incorporated in Delaware)

We shall not undertake our initial business combination with any company being based in or having the majority of the company’s operations in China (including Hong Kong and Macau).

Our CFO, Xuedong (Tony) Tian, is also the managing director and head of capital markets of US Tiger. As a result, US Tiger Securities, Inc. (“US Tiger” or the “Representative”), as a representative to the underwriters of this offering and a member of the Financial Industry Regulatory Authority, or FINRA, is an affiliate of us. Therefore, US Tiger has a “conflict of interest” within the meaning of Rule 5121 of the Conduct Rules of FINRA. Accordingly, this offering will be made in compliance with the applicable provisions of FINRA Rule 5121, which requires that a “qualified independent underwriter,” as defined by the FINRA rules, participate in the preparation of the registration statement and exercise the usual standards of due diligence with respect to the registration statement that an underwriter would exercise on its own behalf.

**Note: Craig-Hallum is acting as the qualified independent underwriter, according to an S-1/A filing dated July 12, 2022.

Our sponsor is Inkstone Feibo Sponsor LLC, managed by I-Fa Chang, our chairman and CEO. Mr. Chang has more two decades of investment management and advisory experience. In 2012, Mr. Chang founded Inkstone Capital Co., Ltd., a technology-focused investment advisory firm (“Inkstone Capital”) serving clients in Mainland China, Hong Kong and Taiwan, and has served as its CEO ever since. He has also served as an independent director of Sichuan Tianfu Bank, a regional bank based in Southeast China since 2015. Between October 2017 and June 2018, Mr. Chang served as a director and finance control officer for Finconn Inc., a subsidiary of the Taiwanese electronic manufacturing conglomerate, Foxconn.