Hagerty (Aldel Financial) ^{Priced, NYSE: HGTY}

We are a newly organized blank check company. While we may pursue an acquisition in any business industry or sector, we intend to concentrate our efforts on identifying a target business that is exiting the restructuring process or that has transient current ownership, with particular emphasis on businesses that have strong management teams, realigned capital structures, positive cash flows prospects, and a clear and well-defined pathway for growing profitably over the long-term. In addition, we intend to capitalize on the ability of our management team to identify, acquire, and manage a business that is exiting the restructuring process or that has transient current ownership, and which can benefit from their experience and differentiated global network. Our team, led by Robert I. Kauffman, our Chairman and Chief Executive Officer, has decades of experience in identifying attractive risk adjusted return investments, often created by temporary market disruptions or sector specific changes that require adjustments to business operations or capital structures.