We intend to focus our search on a market-leading differentiated Internet company. (Incorporated in the Cayman Islands) 

Daniel Webb, our CEO, CFO and a director, was previously a technology investment banker (an alumnus of Bank of America and  Citi) and a private equity investor who has worked on transactions totaling about $40 billion in transaction value for disruptive companies. Tony Pearce, our executive chairman, and Terry Pearce, our executive vice chairman, are the people behind the Purple mattress brand. The Pearce brothers, who are both engineers, are the co-founders and former co-CEOs of Purple Innovation. The mattress brand went public in 2018 via a SPAC deal. 

We intend to focus our efforts on seeking and completing an initial business combination with a company that has an enterprise value of over $750 million. Our objective is to identify and accelerate a market-leading, differentiated Internet company within our target sectors of interest, including direct-to-consumer brands, Amazon centric, online marketplaces, food tech, new media, digital health, software-as-a-service (SaaS), FinTech and any adjacent industries undergoing technology-driven transformations, that offer high-quality revenue streams and attractive organic and inorganic growth opportunities. 

(Note: Worldwide Webb Acquisition priced its SPAC IPO on Oct. 19, 2021, in sync with the terms in its prospectus: 20 million units at $10 each to raise $200 million.)