NorthStrive Acquisition Corp I Closes $100M IPO

NorthStrive Acquisition Corp I. is a blank check company incorporated in the Cayman Islands as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. We have not selected any business combination target, although we intend to focus our search for a target business on companies engaged in the manufacturing sector serving high-demand end markets, including aerospace and defense, industrial technology, and critical supply chains. However, our search for target companies will not be exclusively limited to companies within the manufacturing sector. We have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. While we intend to conduct a global search for target businesses without being limited by geographic region, we affirmatively exclude as an initial business combination target any company of which financial statements are audited by an accounting firm that the United States Public Company Accounting Oversight Board (“PCAOB”) is unable to inspect for two consecutive years beginning in 2021 and any target company with China operations consolidated through a VIE structure.