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Zi Toprun Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It has not selected any specific business combination target and has not engaged in any substantive discussions, directly or indirectly, with any business combination target. The Company intends to focus its search for a target business in the transportation industry, including businesses involving battery or charging businesses, technology and software; auto pilot drive and advanced driver assistance systems (ADAS) related businesses including both hardware and software, and general microchip design and production and technology. The Company neither engages in any business operations nor generates any revenues.
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