ECARX Holdings (COVA Acquisition) ^{Priced, Nasdaq: ECX}

Crescent Cove Acquisition Corp. is a newly organized blank check company. Although we may pursue a business combination opportunity in any business or industry, we currently intend to focus our efforts on identifying high growth technology and tech-enabled businesses in Southeast Asia in the consumer internet, ecommerce, and software industries. We will focus on targets within these industries that are being disrupted by advances in technology and on technology paradigms, including artificial intelligence (“AI”), automation, data science, ecommerce and Software-as-a-Service (“SaaS”). Crescent Cove Advisors LP (“Crescent Cove”) is a San Francisco-based leading credit-focused investment firm that has built an exceptional track record investing in high growth ventures within the technology, media and telecommunications (“TMT”) middle-market, differentiated by its speed and flexibility in solving complex financing needs for tech entrepreneurs. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector or geographic region, we currently intend to concentrate our efforts in identifying businesses with enterprise values of $1 billion or more with operations or prospective operations in the “new economy sectors” within the TMT verticals in Southeast Asia.