A blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target, including XCOM Labs. Our sponsor, Juggernaut Sponsor LLC, is an affiliate of Jaws Estates Capital, the family office of Barry S. Sternlicht.
