Caravelle International Group (Pacifico Acquisition) ^{Priced, Nasdaq: CACO}

We are a blank check company. 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 operating in Asia with a focus on businesses in and around the new energy, biotech, and education industries. We have not identified any acquisition targets. We will seek to leverage our management team’s network of relationships with corporate executives, private equity, venture and growth capital funds, investment banking firms, consultants, family offices, and large corporations in order to source, acquire, and support the operations of the business combination target. Our management team has extensive experience investing in and operating businesses in Asia and North America, and we believe that this combination of relationships and expertise will make us a preferred partner for and allow us to source high-quality combination targets. Our Chief Executive Officer, Edward Cong Wang, has over 15 years of global M&A experience and expertise, and he currently serves as the managing partner of The Balloch (Holding) Group. Our Chief Financial Officer, Yi Zhong, was a senior executive at Zhaorui capital, focusing on investing in the U.S.