We intend to focus our search for a target business on a technology company that is driving its growth in the electric vehicle (“EV”) and urban “smart” mobility industry that may include businesses adjacent thereto in the sustainable transportation and related ecosystem, which complement our management team’s backgrounds. (Incorporated in Delaware)

With technology taking the center stage in urban planning, the subject of mobility is projected to continue attracting more research interest, more so with the attention in cities now focusing on transitioning to more sustainable and efficient planning models.¹ Notwithstanding the foregoing, we are not limited to a particular industry or geographic region and may consummate a business combination with a target business in any industry or region if we believe the business combination is attractive to our company and stockholders. However, we expressly disclaim any intent to and will not consummate a business combination with a target business located in China, Hong Kong, Macau, Taiwan, Russia or Iran.

(Note: Mobiv Acquisition Corp. priced its SPAC IPO on Aug. 3, 2022, in line with the terms in its recently amended prospectus: 8.7 million units at $10.00 each to raise $87 million. Mobiv’s pricing brought the SPAC IPO count to 71 so far for 2022. Mobiv Acquisition Corp. cut the size of its SPAC IPO by 13 percent to 8.7 million units, down from 10 million units initially, in an S-1/A filing dated July 5, 2022; the company filed its S-1 (prospectus) on June 1, 2022.)