We intend to focus on businesses in the technology metals (“Technology Metals”) and energy transition critical materials (“ETMs”) sectors and the geographic region of the company’s search for a prospective target will not include the People’s Republic of China (“China” or the “PRC”) or the special administrative regions of Hong Kong or Macau, and we will not undertake our initial business combination with any entity with its principal business operations in China (including Hong Kong and Macau).

(Note: Welsbach Technology Metals Acquisition Corp. priced its SPAC IPO on Dec. 27, 2021, in line with the terms in its prospectus: 7.5 million units at $10 each to raise $75 million.)