Risk Factors Update Summary

• Addition of risks related to being deemed an investment company under the Investment Company Act, potentially leading to liquidation. This change might result in forced liquidation if deemed an investment company.
• Identification of a material weakness in internal controls, with 75% of outstanding ordinary shares needed for approval of a business combination. This change increases the threshold for shareholder approval.
• Extension of the deadline for consummating an initial business combination from June 14, 2023, to December 14, 2024. This change provides more time for completing a business combination.
• Potential impact of geopolitical tensions, including conflicts between Russia-Ukraine and Israel-Hamas, on financial markets and business operations. This change highlights the uncertainty and volatility in global markets due to geopolitical events.
• Risks associated with CFIUS review for initial business combinations with U.S. companies due to foreign ownership issues. This change may limit potential business combination opportunities and increase regulatory scrutiny.
• Concerns about the impact of exchange rate fluctuations and currency policies on business operations. This change highlights the potential risks associated with currency volatility.
• Risks related to cybersecurity incidents and attacks that could disrupt business operations. This change emphasizes the vulnerability to cyber threats and potential disruptions.