Company: WENNU
Filing Date: 2025-02-25
Form Type: DRS
Source: 0001213900-25-016948
Chunk: 20

Company: WEN Acquisition Corp
Filing Date: 2025-02-25
Form: DRS
Chunk 20
---
 This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination. ” Acquisition Criteria We have identified the following general criteria and guidelines that we believe are important in evaluating prospective targets. We will use these criteria and guidelines in evaluating acquisition opportunities, but we may decide to enter into our initial business combination with a target business that does not meet these criteria and guidelines. Qualities we intend to look for in identifying SPAC merger companies include, but are not limited to, the following: • Ability to sustain and grow free cashflow .We are looking for growing companies which are cashflow positive and have an ability to show consistent margin integrity. We are attracted to recurring revenue and platform businesses with efficient operating leverage, customer acquisition and cross -sellingopportunities. 6 • Strong m anagement .We are looking for a proven management team with a track record of executing and growing platforms who can credibly operate within public markets. • Advantages to being a public company .We intend to seek companies that would benefit from being part of the public capital markets. Such benefits could include greater and more efficient access to equity or debt capital, as well as public stock to execute a consolidation or roll -upstrategy and better attract and retain employees. • Defensible and competitive advantage which leverage blockchain technology .We intend to look for companies whose products and services are defensible and afford a differentiation solution to customers driven by new blockchain and digital asset technologies. Companies which could be attractive to us may have a pricing, solution or timing advantage to others in the marketplace. These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. We may decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, and in the event we do so, we will disclose that the target business does not meet the above criteria in our shareholder communications related to our initial business combination, which, as discussed in this prospectus, would be in the form of proxy solicitation materials or tender offer documents that we would file with the SEC. Acquisition Process In evaluating a prospective target business, we expect to conduct a due diligence review which may encompass, among other things, meetings with incumbent management and employees, document reviews, interviews of customers and suppliers, inspection of facilities, as applicable, as well