Churchill Capital XIII ^{Filed Terms, Nasdaq: XIIIU}

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We expect to favor potential target companies with certain industry and business characteristics. Key industry characteristics include compelling long-term growth prospects, opportunities to affect valuation improvements at the company, attractive competitive dynamics and consolidation opportunities. Key business characteristics include competitive advantages, significant potential; streams of recurring revenue, opportunity for operational improvement, attractive steady-state margins, high incremental margins and attractive free cash flow characteristics. We have developed the following high-level, non-exclusive investment criteria that we will use to screen for and evaluate target businesses. We will seek to acquire a business that: 1) Is Sourced Through our Proprietary Channels. 2) Would Benefit from our Capabilities. 3) Has a Committed and Capable Management Team. 4) Potential to Generate Stable Free Cash-Flow. 5) Has the Potential to Grow Through Further Acquisition Opportunities. Our founder, Michael Klein, is also the founder and managing partner of M. Klein and Company, which he founded in 2012.