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I have seen how the perception of SPACs became clouded, particularly related to sponsor compensation, forward guidance and retail investors’ involvement. With American Exceptionalism Acquisition Corp. A, I wanted to address this directly and make improvements based on what I’ve learned. With respect to alignment of interests, I am proud to announce that we have successfully priced a SPAC with no warrants and where the sponsor’s compensation is entirely and directly tied to stock price appreciation. The sponsor’s founder shares are not earned unless the stock price increases at least 50% following a business combination (or an earlier change of control), at which point there are three tranches of earnings possible - at 50%, 75% and 100% increases in stock price. In other words, if the deal is a dog, no one wins. If it is a winner, we will all win…together.