We intend to focus our efforts on identifying a prospective target business with either all or a substantial portion of its activities in North America. We expect to focus on consumer technology and related technology businesses that have attractive growth-oriented characteristics and strong underlying demand drivers. We estimate there to be a significant number of businesses with valuations appropriate for our company that reside in our target sectors, with valuations in excess of $1 billion. Such high growth technology companies are positioned in sub-sectors that have large total addressable markets (TAM) previously underserved by incumbents, which have allowed technologically advantaged companies to capture a significant portion of the TAM. 

JAWS Hurricane is named after the Hawker Hurricane, a maneuverable, small fighter aircraft that helped propel the Allies to victory at the Battle of Britain. Like the Hurricane, our JAWS Hurricane SPAC has been purposefully built to be smaller so that it is efficient and nimble in its initial business combination.

We do not intend to target industries that are competitive with Starwood Capital Group Holdings, L.P. (“Starwood Capital”), which includes real estate, lodging, oil and gas and energy infrastructure. 

(Note: Jaws Hurricane Acquisition upsized its SPAC IPO at pricing on June 10, 2021, to 27.5 million units, up from  25 million units, at $10 each to raise $275 million.)