Orange Street is a blank check company, or special purpose acquisition company (SPAC), formed to complete a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. The company has no operating history and has not selected a target business. Orange Street does not restrict its search to a specific industry or geography, though it will not pursue targets with primary operations in China or those using variable interest entity structures to consolidate Chinese operations. Management focuses on identifying acquisition opportunities where its background in energy, commodity trading, and investment banking provides an advantage. Orange Street's business model involves raising capital through an initial public offering and placing the proceeds into a trust account invested in U.S. Treasury obligations or money market funds. The company uses these funds to finance a business combination within a fixed timeframe. If a transaction closes, the trust funds are released to pay acquisition consideration, deferred underwriting commissions, and redeeming public shareholders. If Orange Street fails to complete a combination within the specified window, the company liquidates and returns the trust assets to public shareholders.