We intend to focus our search for an initial business combination on technology-enabled Latin American companies seeking to become category-defining enterprises and those targeting or expected to pursue cross-border expansion. A number of sectors, ranging from financial services, health & wellness, education, e-commerce and logistics are undergoing rapid, technology-led disruption and consolidation. Many of the trends driving disruption in Latin America have been witnessed in the U.S. and are more powerful and more accelerated as a result of a high concentration of legacy technology incumbents, deep-rooted inefficiencies, supportive demographic dynamics, proliferation of mobile technology, and direct government actions aimed at promoting competition and innovation. (Newly organized blank check company or SPAC incorporated in the Cayman Islands)

Our sponsor is an arm of Valor Capital Group, a leading investment firm focused on Brazil and U.S.-Brazil cross-border opportunities with a presence in New York, the Silicon Valley and São Paulo. Valor Capital was founded by Mr. Clifford M. Sobel, former U.S. Ambassador to Brazil, in partnership with Mr. Scott Sobel, previously part of the founding team of Net2Phone, the pioneering VoIP Company.