Alkaid Acquisition ^{Filed Terms, Nasdaq: ALKDU}

We are a blank check company formed under the laws of the State of Delaware on March 11, 2021. Our management team intends to focus on potential acquisition targets with primary operations in and around the Internet of Things (IoT), smart manufacturing, and renewable energy related industries. We believe that each sector provides a rich backdrop for businesses to scale rapidly, and we expect to leverage our management team’s relationships with corporate executives, venture capitalists, entrepreneurs, and private equity firms to provide us with a substantial number of actionable opportunities that fit our acquisition criteria. We affirmatively exclude as an initial business combination target any company of which financial statements are audited by an accounting firm that the PCAOB is unable to inspect for two consecutive years beginning in 2021 and any target company with China operation consolidated through a VIE structure. A majority of our executive officers and directors are located outside of the United States.