Three Lions Acquisition is a special purpose acquisition company (SPAC) formed to identify and merge with a private business. The company currently has no operations or revenue and focuses its efforts on executing a single business combination. While Three Lions may pursue a target in any industry, management prioritizes three interconnected verticals: sports, hospitality and leisure, and real estate. Specific areas of interest include professional sports franchises, sports media and technology, restaurants, live events, and mixed-use real estate developments that sports or hospitality assets anchor. Management targets these sectors because sports and live events generate attendance that hospitality assets and real estate then monetize. The leadership team provides direct operating experience as co-owners of professional soccer clubs and operators of food hall platforms. Three Lions argues this network provides proprietary deal flow and sourcing advantages in its target markets. The company holds IPO proceeds in a trust account invested in U.S. government securities. If Three Lions fails to complete a business combination within a specified timeframe, it will liquidate the trust and return funds to shareholders. The sponsor holds founder shares and private units that only realize value if a transaction is completed, creating a strong incentive for management to close a deal.