We intend to focus our efforts on businesses that leverage our management team’s experience in acquiring and operating businesses in the consumer industry. We intend to focus our efforts and will seek to capitalize on our founders’ distinctive and complementary backgrounds to identify, acquire and transformatively impact a target business with a substantial portion of its activities in North America or Europe. We may pursue a transaction with a company in other parts of the world, including Asia, Europe and Latin America, given our management team’s strong relationships in the regions.

We believe that the COVID-19 pandemic has created dislocation and adversely affected the ability of companies and business divisions in these sectors to access public markets to raise capital to pursue organic growth opportunities, reduce leverage or consolidate their sectors.

James N. Hauslein, our chairman and CEO, has over 35 years of private equity investing and public and private company operating experience, with a significant focus on the consumer industry. He is president and managing director of Hauslein & Company, Inc., a private investment firm. In February 2015, he led the recapitalization and acquisition of Big Time Products LLC (“Big Time”), a leading supplier of workplace hand protection and related products into the consumer do-it-yourself and professional retail channel. From1991 to May 2001, Mr. Hauslein served as Executive Chairman and, at times, as Chief Executive Officer of Nasdaq-listed Sunglass Hut International, Inc. (“Sunglass Hut”), the world’s largest specialty retailer of non-prescription sunglasses and significant retailer of popular price point fashion watches. During Mr. Hauslein’s tenure, Sunglass Hut expanded dramatically from fewer than 100 stores to over 2,000 company-owned stores with a global footprint. Mr. Hauslein’s SPAC experience goes back to December 2007.

(Note: Jupiter Acquisition Corp. priced its SPAC IPO on Aug. 12, 2021, in line with the terms in its prospectus: 15 million units at $10 each to raise $150 million.)