Risk Factors Update Summary

• The company filed a registration statement for a proposed business combination, urging stockholders to read important information. This change might result in increased investor awareness and informed decision-making.
• The company may issue additional shares to complete its initial business combination, potentially diluting existing shares. This change could impact shareholder ownership and voting rights.
• The SEC enacted final rules impacting SPACs, potentially increasing costs and constraints on completing business combinations. This change may affect the company's ability to engage advisors and complete transactions effectively.
• The company identified material weaknesses in internal controls over financial reporting, including clerical errors and ineffective review controls. This change could impact financial accuracy and regulatory compliance.
• The company may issue notes or other debt, potentially affecting its ability to repay obligations and complete business combinations. This change may impact the company's financial flexibility and operations.
• The company's management may amend agreements related to the IPO, potentially affecting terms and conditions. This change could impact shareholder rights and agreements.
• The company's warrants and founder shares may have an adverse impact, potentially affecting shareholder interests and investment value. This change may influence investor decisions and confidence.