we engage after our initial business combination, our assessment of these individuals may not prove to be correct. These individuals may be unfamiliar with the requirements of operating a company regulated by the SEC, which could cause us to have to expend time and resources helping them become familiar with such requirements.
Our officers and directors also hold roles in other companies. For example, there is significant overlap among the directors and officers of GIG2, GIG3, GIG4, GIG5, GigInternational1, and our company. Dr. Katz, a director of the Company, serves as the Executive Chairman of GIG2, GIG3, GIG4, GIG5, and GigInternational1. Dr. Dinu, the Executive Chairman, Chief Executive Officer, President and Secretary of the Company, is a member of the board of directors of GIG2, GIG3, GIG4, GIG5, and GigInternational1, and the Chief Executive Officer of GIG2, GIG4, GIG5, GigInternational1 and our company. Mr. Wang, a director and the Software Chief Technical Officer of the Company, serves as a director of GIG3, and the Software Chief Technical Officer of GIG2 and GIG3; his title of the Software Chief Technical Officer reflects his core competency and expertise and is primarily for marketing purposes as he assists GIG2, GIG3 and the Company to identify suitable business combination candidates. Ms. Hayes, a director of the Company, serves on the board of directors of GIG4, GIG5, GigInternational1, and Intevac, Inc. (Nasdaq: IVAC) and as the chairwoman of the board of directors of First Tech Federal Credit Union. In addition, Mr. Frostig, a director of the Company, serves as a director of GIG2. Furthermore, Brad Weightman, our Treasurer and Chief Financial Officer, serves as the Vice President and Chief Financial Officer of GIG2, the Chief Financial Officer of GIG3, GIG4, and GigInternational1, and the Treasurer and Chief Financial Officer of GIG5. In addition, there is overlap among our directors and the directors of Kaleyra, Inc. as Dr. Katz serves as the Executive Chairman, and Mr. Wang serves as a director of that company, which may also seek to acquire companies in the TMT industry. Furthermore, Dr. Dinu chairs the Strategic Advisory Board of Kaleyra, Inc.
We may have a limited ability to assess the management of a prospective target business and, as a result, may effect our initial business combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company.
When evaluating the desirability of effecting our initial business combination with a prospective target business, our ability to assess the target business’ management may be limited due to a lack of time, resources or information. Our assessment of the capabilities of the target’s management, therefore, may prove to be incorrect and such management may lack the skills, qualifications or abilities we suspected. Should the target’s management not possess the skills, qualifications or abilities necessary to manage a public company, the operations and profitability of the post-combination business may be negatively impacted.
Certain of our officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us, including other blank check companies, and, accordingly, may have conflicts of interest in allocating their time and determining to which entity a particular business opportunity should be presented.
Following the completion of this offering and until we consummate our initial business combination, we intend to engage in the business of identifying and combining with one or more businesses. Our Sponsor and officers and directors are, and may in the future become, affiliated with entities that are engaged in a similar business. In addition, our Sponsor, officers and directors may participate in the formation of, or become an officer or director of, any other blank check company prior to completion of our initial business combination. As a result, our Sponsor, officers or directors could have conflicts of interest in determining whether to present business combination opportunities to us or to any other blank check company, or operating company, with which they may become involved. In particular, affiliates of our Sponsor are currently sponsoring GIG2, which announced its agreement for a business combination with UpHealth Holding, Inc. and Cloudbreak Health, LLC, both TMT companies, in November 2020, GIG3, which announced its agreement for a business combination with Lightning Systems, Inc. (doing business as Lightning eMotors), a TMT company, in December 2020, and GIG4 which completed its initial public offering in February 2021 and is now engaged in intensive efforts of searching and screening companies worldwide. In addition, Drs. Katz and Dinu co-founded GIG5 in January
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