(Incorporated in the Cayman Islands)

We are a globally focused SPAC with a generalist investment approach, seeking to identify and combine with a high-quality, mid-market company that is poised to unlock accelerated growth through a public listing. While we are not limited to any particular sector or region, we are highly selective in identifying businesses that align with our investment philosophy, operational rigor, and long-term value creation strategy.

While we remain sector agnostic, we will prioritize industries where we bring deep domain knowledge, global relationships, and a proven track record. These include: 

-Technology, Media and Telecommunications (TMT)

-Business and IT Services

-Consumer Products and Digital Brands

-Hospitality and Real Estate Platforms

-Education and EdTech

-Logistics and Mobility

-Automotive and Industrial Technologies, and

-Fintech and Crypto.

Our management and board represent a globally diverse team with deep transactional, operational, and investment experience across North America, the Middle East, Asia, and Europe. With backgrounds in private equity, investment banking, real estate, digital platforms and technology, the team brings a strong track record of executing complex cross border transactions and scaling businesses across various growth stages. Our management team is based in Dubai. The team previously sponsored and led a SPAC – Iris Acquisition Corp., which successfully completed its business combination with Liminatus Pharma, Inc., demonstrating our disciplined sourcing, execution and strategic partnership capabilities.

Sumit Mehta serves as our CEO. Mr. Mehta brings over 20 years of experience across investment banking, M&A advisory, private equity and corporate finance, with a strong focus on cross-border transactions and strategic deal-making in the Middle East, US and UK. Since 2019, Mr. Mehta has been a co-founder and managing director of Arrow Capital, where he leads the Special Situations Group, overseeing mandates in M&A advisory, private equity and corporate finance.

Lisha Parmar serves as our CFO. Ms. Parmar is a seasoned financial services professional with over 14 years of experience across asset management, corporate finance, M&A and private equity advisory. She has advised on and executed transactions across a broad spectrum of sectors, including technology, consumer care, automotive, real estate, insurance and hospitality, with a focus on high-growth businesses and cross-border mandates. Ms. Parmar is a vice president at Arrow Capital, where she leads origination, strategy, structuring, due diligence and execution of buy-side and sell-side M&A transactions, as well as private equity and debt capital raises. She also plays a critical role in capital markets advisory, working closely with founders and management teams to unlock strategic growth and maximize enterprise value post-transaction. 

(Note: Iris Acquisition Corp. II disclosed the terms for its SPAC IPO on Aug. 4, 2025, in an S-1/A filing: 15 million units at $10.00 each to raise $150 million. Each unit consists of one share of stock and one-half of one redeemable warrant.)