Aquaron Acquisition ^{Priced, Nasdaq: AQU}

We are a blank check company formed under the laws of the State of Delaware in March 2021. Our efforts to identify a prospective target business will not be limited to any particular industry or geographic region, although we intend to target businesses with a total enterprise value of between $150 million and $300 million. Our management team intends to focus on potential acquisition targets in the new energy sector. We affirmatively exclude as an initial business combination target any company of which financial statements are audited by an accounting firm that the United States PCAOB is unable to inspect for two consecutive years beginning in 2021 and any target company with China operation consolidated through a VIE structure. We believe that our experience and networks will enable us to identify potential business combination opportunities efficiently and productively. In addition, we believe the target business will benefit from our involvement, through the potential strategic relationships we can introduce, as well as by assisting the target in areas such as intellectual property management and corporate strategy.