AfterNext is a blank check company, or special purpose acquisition company (SPAC), that currently has no operations or revenue. The company’s sole purpose is to raise capital through an initial public offering to merge with or acquire an operating business. AfterNext targets fintech and technology-enabled financial services companies in the Asia-Pacific region, excluding Mainland China, Hong Kong, and Macau. The company focuses on sub-sectors such as digital payments, insurtech, decentralized finance, alternative credit, and wealth management technology. The management team, based in Singapore and Hong Kong, includes executives with experience in venture capital and prior SPAC executions. AfterNext must complete a business combination within a 12-month period or liquidate its trust account to return capital to public shareholders. The business model provides equity upside to sponsors through low-cost founder shares that convert to ordinary shares upon a successful merger. Public investors hold units comprising ordinary shares, warrants, and rights. Shareholders can choose to remain invested in the combined entity or redeem their shares for cash at the time of the acquisition. The company identifies targets that can benefit from a public listing and immediate access to capital.