Waverley Capital Acquisition 1 ^{Priced, NYSE: WAVC.U}

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our team’s background and capitalize on our team’s ability to source and acquire a business focused on media, technology or entertainment that will benefit from our expertise in developing and executing value creation plans in those areas, thereby positioning a target company for compounding growth over the long-term. Our sponsor, WCAC1 Sponsor LLC, is a Delaware limited liability company. Our sponsor is managed by Waverley. Waverley is a venture capital firm focused solely on the innovation and disruption occurring globally throughout the media and entertainment industries. Our management team will be led by Edgar Bronfman Jr., Daniel V. Leff, and Alan Henricks. Messrs. Bronfman and Leff will also serve as board members. Our management team will further be supported by our independent board members who bring extensive senior executive experience in the media sector.