We are a newly formed blank check company incorporated as a Delaware corporation whose business purpose is to effect a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. We have not identified any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with respect to any potential business combination with us.
KnightSwan, founded by Brandee Daly and Teresa Carlson, is an industry disruptor and catalyst for new and emerging technologies focused on accelerating innovation in cyber, cloud, and mission intelligence, a field focused on the collection, analysis, and delivery of foreign intelligence and counterintelligence information for the purposes of improving decision-making. Through this platform, KnightSwan intends to invest in a company that provides technologically-differentiated products and solutions to the commercial and government markets.
KnightSwan believes that it has the chance to seize a timely and significant market opportunity. The U.S. Government continues to make large investments in cyber, cloud, and mission intelligence solutions, considering them critical to managing national security as well as integral to driving innovation and advancing technology. Our objective is to leverage the experience that our seasoned KnightSwan team has in leading and growing technology-focused organizations in both the public and private markets to effect an initial business combination that delivers value to our stockholders.
The KnightSwan team plans to implement a sourcing strategy that leverages its extensive network of long- standing relationships to identify potential business combination targets. We seek to undertake a business combination with a company or companies that we believe are likely to benefit from the operational experience and leadership of our collective team. The KnightSwan team intends to leverage its substantial industry experience and global relationships with the goal of providing potential business combination targets with benefits that will create long-term value to our stockholders. We believe we can facilitate operational, financial, strategic and managerial improvements in the prospective combination partner company in order to achieve long- term sustainable growth for its stockholders.