Irenic Acquisition - IACQ Stock Price Target and Predictions

We are a blank check company incorporated as an exempted company under the laws of the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue an initial business combination target in any industry or geographic location, we intend to focus our search on companies in the aerospace, defense, and broader industrial sectors. Our management team is led by Adam Katz, our Chief Executive Officer and a director, E-Fei Wang, our President and a director, and Matthew Kupersmith, our Chief Financial Officer, who together contribute extensive experience in operations, investments and acquisitions. The varied backgrounds of our management team offer us a distinct advantage in identifying, assessing and executing transactions with exceptional businesses. Our executive officers are among the principals of Irenic Capital Management LP, or Irenic. Our sponsor is principally owned by Irenic’s Evergreen Fund (as defined below) and managed by our executive officers. We intend to draw upon Irenic’s infrastructure, personnel, analytic capabilities, network and relationships in identifying potential targets and assisting us in consummating our initial business combination. Our executive offices are located in New York, New York.