Giant Oak Acquisition ^{Filed, US Offering, Removed, Nasdaq: GOSCU}

We have not identified any particular geographical area or country in which we may seek a business combination. However, our Sponsor and certain members of our Board of Directors and management have significant business ties to or are based in the People’s Republic of China and Hong Kong. We may consider a business combination with an entity or business with a physical presence or other significant ties to the People’s Republic of China or Hong Kong which may subject the post-business combination business to the laws, regulations and policies of the People’s Republic of China (PRC). Any target for a business combination may conduct operations through subsidiaries in China and variable interest entities, or VIEs, in China. Our management team intends to focus on creating shareholder value by leveraging its experience in the management, operation and financing of businesses to improve the efficiency of operations while implementing strategies to scale revenue organically and/or through acquisitions. We have identified the following general criteria and guidelines, which we believe are important in evaluating prospective target businesses: Middle-Market Growth Business, Strong Management Teams with a Proven Track Record, Business with Revenue and Earnings Growth Potential, Companies with Potential for Strong Free Cash Flow Generation, and Benefit from Being a Public Company.