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| Cayman Islands                                                 |   | 001-41136                |   | 98-1607027                             |
|----------------------------------------------------------------|--------|--------------------------|--------|----------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (Commission File Number) |   | (I.R.S. EmployerIdentification Number) |
| 8th Floor, Berkeley Square House, Berkeley SquareLondon, United Kingdom |   |  W1J 6DB |
|-------------------------------------------------------------------------|--------|---------------|
| (Address of principal executive offices)                                |   | (Zip Code)    |
| Title of Each Class:                                                                                                                                  |   | Trading Symbol: |   | Name of Each Exchange on Which Registered: |
|-------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|--------|--------------------------------------------|
| Units, each consisting of one Class A ordinary share, par value $0.0001, and one-half of one redeemable warrant to acquire one Class A ordinary share |   | HORIU           |   | The Nasdaq Stock Market LLC                |
| Class A ordinary shares included as part of the units                                                                                                 |   | HORI            |   | The Nasdaq Stock Market LLC                |
| Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50       |   | HORIW           |   | The Nasdaq Stock Market LLC                |
| Large accelerated filer | ☐ | Accelerated filer         | ☐ |
|-------------------------|---------|---------------------------|---------|
| Non-accelerated filer   | ☒ | Smaller reporting company | ☒ |
|                    |    | Emerging growth company   | ☒ |

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|                                                 | Page                                                                                                               |
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| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS | iii                                                                                                                |
| SUMMARY OF RISK FACTORS                              | iv                                                                                                                 |
| PART I                                               |                                                                                                               | 1 |
| Item 1.                                              | Business                                                                                                           | 1 |
| Item 1A.                                             | Risk Factors                                                                                                       | 14 |
| Item 1B.                                             | Unresolved Staff Comments                                                                                          | 46 |
| Item 2.                                              | Properties                                                                                                         | 46 |
| Item 3.                                              | Legal Proceedings                                                                                                  | 46 |
| Item 4.                                              | Mine Safety Disclosures                                                                                            | 46 |
| PART II                                              |                                                                                                               | 47 |
| Item 5.                                              | Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities | 47 |
| Item 6.                                              | [Reserved]                                                                                                         | 48 |
| Item 7.                                              | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 48 |
| Item 7A.                                             | Quantitative and Qualitative Disclosures About Market Risk                                                         | 51 |
| Item 8.                                              | Financial Statements and Supplementary Data                                                                        | 51 |
| Item 9.                                              | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                               | 51 |
| Item 9A.                                             | Controls and Procedures                                                                                            | 51 |
| Item 9B.                                             | Other Information                                                                                                  | 52 |
| Item 9C.                                             | Disclosure Regarding Foreign Jurisdictions That Prevent Inspections                                                | 52 |
| PART III                                             |                                                                                                               | 53 |
| Item 10.                                             | Directors, Executive Officers and Corporate Governance                                                             | 53 |
| Item 11.                                             | Executive Compensation                                                                                             | 60 |
| Item 12.                                             | Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters                     | 60 |
| Item 13.                                             | Certain Relationships and Related Transactions, and Director Independence                                          | 62 |
| Item 14.                                             | Principal Accounting Fees and Services                                                                             | 63 |
| PART IV                                              |                                                                                                               | 65 |
| Item 15.                                             | Exhibits, Financial Statements Schedules                                                                           | 65 |
| Item 16.                                             | Form 10-K Summary                                                                                                  | 66 |

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|  | • | “amended and restated memorandum and article of association” are to the amended and restated memorandum and articles of association that the company adopted prior to the consummation of our initial public              offering; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “Companies Act” are to the Companies Act (As Revised) of the Cayman Islands as the same may be amended from time to time; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “equity-linked securities” are to any debt or equity securities that are convertible, exercisable or exchangeable for our Class A ordinary shares issued in a financing transaction in connection with our initial              business combination, including but not limited to a private placement of equity or debt; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “founder shares” are to our Class B ordinary shares initially purchased by our prior sponsor in a private placement prior to our initial public offering, and subsequently transferred to our sponsor, and the                Class A ordinary shares that will be issued upon the automatic conversion of the Class B ordinary shares at the time of our initial business combination or earlier at the option of the holders thereof (for the avoidance of doubt, such Class                A ordinary shares will not be “public shares”); |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “management” or our “management team” are to our executive officers and directors; |
|--|---------|------------------------------------------------------------------------------------------------------------|
|  | • | “ordinary resolution” are to a resolution adopted by the affirmative vote of at least a majority of the votes cast by the holders of the issued shares present in person or represented by proxy at a general              meeting of the company and entitled to vote on such matter or a resolution approved in writing by all of the holders of the issued shares entitled to vote on such matter; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “ordinary shares” are to our Class A ordinary shares and our Class B ordinary shares; |
|--|---------|---------------------------------------------------------------------------------------------------|
|  | • | “prior sponsor” are to EM Horizon Investments, a Cayman Islands limited liability company; |
|--|---------|--------------------------------------------------------------------------------------------------------|
|  | • | “private placement warrants” are to the warrants issued to our prior sponsor in a private placement simultaneously with the closing of our initial public offering, and subsequently transferred to our sponsor; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “public shares” are to our Class A ordinary shares sold as part of the units in our initial public offering (whether they are purchased in our initial public offering or thereafter in the open market); |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “public shareholders” are to the holders of our public shares, including our sponsor and management team to the extent our sponsor and/or members of our management team purchase public shares, provided that our              sponsor’s and each member of our management team’s status as a “public shareholder” shall only exist with respect to such public shares; |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “public warrants” are to our redeemable warrants sold as part of the units in our initial public offering (whether they were purchased in our initial public offering or thereafter in the open market), to the              private placement warrants if held by third parties other than our sponsor (or permitted transferees), and to any private placement warrants issued upon conversion of working capital loans and extension loans, if any, that are sold to third              parties that are not initial purchasers or executive officers or directors (or permitted transferees), in each case, following the consummation of our initial business combination; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “special resolution” are to a resolution adopted by the affirmative vote of at least a two-thirds (2∕3) majority (or such higher threshold as specified in the company’s amended and restated memorandum and              articles of association) of the votes cast by the holders of the issued shares present in person or represented by proxy at a general meeting of the company and entitled to vote on such matter or a resolution approved in writing by all of the              holders of the issued shares entitled to vote on such matter; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “sponsor” are to New Emerging Markets Horizon, a Cayman Islands limited liability company; |
|--|---------|--------------------------------------------------------------------------------------------------------|
|  | • | "trust account” are to the trust account into which the net proceeds of our initial public offering and our concurrent sale of private placement warrants was placed, which is maintained by Continental Stock              Transfer and Trust Company, as trustee; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | “VTB” are to VTB Bank (PJSC) and its subsidiaries; and |
|--|---------|--------------------------------------------------------------------|
|  | • | “we,” “us,” “company” or “our company” are to Emerging Markets Horizon Corp., a Cayman Islands corporation (Nasdaq: HORIU, HORI, HORIW). |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | our ability to select an appropriate target business or businesses; |
|--|---------|---------------------------------------------------------------------|
|  | • | our ability to complete our initial business combination; |
|--|---------|-----------------------------------------------------------|
|  | • | our expectations around the performance of a prospective target business or businesses; |
|--|---------|-----------------------------------------------------------------------------------------|
|  | • | our success in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | our officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | our potential ability to obtain additional financing to complete our initial business combination; |
|--|---------|----------------------------------------------------------------------------------------------------|
|  | • | our pool of prospective target businesses; |
|--|---------|--------------------------------------------|
|  | • | our ability to consummate an initial business combination due to the uncertainty resulting from the COVID-I9 pandemic; |
|--|---------|------------------------------------------------------------------------------------------------------------------------|
|  | • | the ability of our officers and directors to generate a number of potential business combination opportunities; |
|--|---------|-----------------------------------------------------------------------------------------------------------------|
|  | • | our public securities’ potential liquidity and trading; |
|--|---------|---------------------------------------------------------------|
|  | • | the lack of a market for our securities; |
|--|---------|------------------------------------------|
|  | • | the intended use of proceeds not held in the trust account or available to us from interest income on the trust account balance; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------|
|  | • | the trust account not being subject to claims of third parties; or |
|--|---------|--------------------------------------------------------------------|
|  | • | our financial performance following our initial public offering. |
|--|---------|------------------------------------------------------------------|

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|  | • | We have no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve our business objective. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our public shareholders may not be afforded an opportunity to vote on our proposed initial business combination, which means we may complete our initial business combination even though a majority of our public shareholders do not support              such a combination. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Because of our limited resources and the significant competition for initial business combination opportunities, it may be more difficult for us to complete our initial business combination. If we have not consummated our initial business              combination within the required time period, our public shareholders may receive only approximately $10.20 per public share, or less in certain circumstances, on the liquidation of our trust account and our warrants will expire worthless. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Your only opportunity to affect the investment decision regarding a potential initial business combination may be limited to the exercise of your right to redeem your shares from us for cash. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If we seek shareholder approval of our initial business combination, our sponsor and management team have agreed to vote in favor of such initial business combination, regardless of how our public shareholders vote. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | The ability of our public shareholders to redeem their shares for cash may make our financial condition unattractive to potential initial business combination targets, which may make it difficult for us to enter into an initial business              combination with a target. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | The ability of our public shareholders to exercise redemption rights with respect to a large number of our shares may not allow us to complete the most desirable initial business combination or optimize our capital structure. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | The ability of our public shareholders to exercise redemption rights with respect to a large number of our shares could increase the probability that our initial business combination would be unsuccessful and that you would have to wait              for liquidation in order to redeem your shares. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our search for a business combination, and any target business with which we ultimately consummate a business combination, may be materially adversely affected by negative impacts on the global economy, capital markets or other              geopolitical conditions resulting from the recent invasion of Ukraine by Russia and subsequent sanctions against Russia, Belarus and related individuals and entities. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our search for a business combination, and any target business with which we ultimately consummate an initial business combination, may be materially adversely affected by the coronavirus (“COVID-19”) outbreak and the status of debt and              equity markets. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | We may not be able to consummate an initial business combination by March 13, 2023 (or June 13, 2023, as applicable), in which case we would cease all operations except for the purpose of winding up and we would redeem our public shares                and liquidate. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If we seek shareholder approval of our initial business combination, our sponsor, directors, executive officers, advisors and their affiliates may elect to purchase shares or warrants, which may influence a vote on a proposed initial              business combination and reduce the public “float” of our Class A ordinary shares or public warrants. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If a shareholder fails to receive notice of our offer to redeem our public shares in connection with our initial business combination, or fails to comply with the procedures for tendering its shares, such shares may not be redeemed. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | You will not have any rights or interests in funds from the trust account, except under certain limited circumstances. Therefore, to liquidate your investment you may be forced to sell your public shares or warrants, potentially at a loss. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Nasdaq may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | You will not be entitled to protections normally afforded to investors of many other blank check companies. |
|--|---------|-------------------------------------------------------------------------------------------------------------|
|  | • | If we seek shareholder approval of our initial business combination and we do not conduct redemptions pursuant to the tender offer rules, and if you or a “group” of shareholders are deemed to hold in excess of 15% of our Class A ordinary              shares, you will lose the ability to redeem all such shares in excess of 15% of our Class A ordinary shares. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | Subsequent to the completion of our initial business combination, we may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition,              results of operations and the price of our securities, which could cause you to lose some or all of your investment. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by shareholders may be less than $10.20 per share. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | The securities in which we invest the proceeds held in the trust account could bear a negative rate of interest, which could reduce the interest income available for payment of taxes or reduce the value of the assets held in trust such              that the per share redemption amount received by shareholders may be less than $10.20 per share. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Past performance by our management team or their respective affiliates may not be indicative of future performance of an investment in us or in the future performance of the business we may acquire. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our directors may decide not to enforce the indemnification obligations of our sponsor, resulting in a reduction in the amount of funds in the trust account available for distribution to our public shareholders. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | We may not have sufficient funds to satisfy indemnification claims of our directors and executive officers. |
|--|---------|-------------------------------------------------------------------------------------------------------------|
|  | • | If the net proceeds of our initial public offering and the sale of the private placement warrants not being held in the trust account are insufficient to allow us to operate until March 13, 2023 (or June 13, 2023, as applicable), it                could limit the amount available to fund our search for a target business or businesses and our ability to complete our initial business combination, and we will depend on loans from our sponsor, its affiliates or members of our management                team to fund our search and to complete our initial business combination. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If, after we distribute the proceeds in the trust account to our public shareholders, we file a bankruptcy petition or an involuntary bankruptcy or winding-up petition is filed against us that is not dismissed, a bankruptcy or insolvency              court may seek to recover such proceeds, and the members of our board of directors may be viewed as having breached their fiduciary duties to our creditors, thereby exposing the members of our board of directors and us to claims of punitive              damages. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | If, before distributing the proceeds in the trust account to our public shareholders, we file a bankruptcy or winding-up petition or an involuntary bankruptcy or winding-up petition is filed against us that is not dismissed, the claims of              creditors in such proceeding may have priority over the claims of our shareholders, and the per-share amount that would otherwise be received by our shareholders in connection with our liquidation may be reduced. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 1. | BUSINESS |
|---------|----------|

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|  | • | Location in large, underpenetrated emerging markets, particularly in Western Europe, CEE, the CIS (excluding Russia and Belarus) or Latin America. We aim to pursue              best-in-class opportunities in Western Europe, CEE, the CIS (excluding Russia and Belarus) or Latin America technology and consumer-exposed sectors offering attractive long-term prospects, as we believe such markets offer a wide range of              investment opportunities. Specifically, we seek companies that will be well-positioned for success as a U.S.-listed company. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Compelling growth prospects. We plan to invest in companies with strong growth potential and established market and product positions. In addition, we seek to invest in              companies with minimal capital intensity. |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Proven technology and market adoption with appropriate scalability risk. We will focus on companies with established market-tested products and services offerings. We also              believe that proven healthy historical revenue trends and commercial traction with key customers are important mitigants for technology and market adoption risks. |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Proven monetization and attractive unit economics with high operating leverage. We will target companies with a sustainable financial scale, established business models and              proven unit economics, including core metrics that tie to key financial and operating targets, such as recurring revenue, cohort consistency, churn rates and pricing per product or customer. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | World-class management teams. We aim to partner with creative and ambitious management teams with successful track records and we will therefore invest a significant amount of              time in assessing leadership quality and evaluating areas for improvement over time. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Attractive valuation based on historical benchmarking across cycles. We will seek margin of safety with valuation metrics benchmarked “through-the-cycle”. We will also put              emphasis on management teams maintaining a significant level of long-term alignment with public shareholders. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Compliant with highest ESG standards. We will focus on companies that would be a good fit for a prospective U.S. listing, prepared for the scrutiny of the public markets. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | FPP AM’s experience in sourcing, structuring, acquiring, operating, integrating, developing, growing, financing and selling businesses; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | FPP AM’s experience in both investing in and operating across a range of sectors, setting and changing strategies, and identifying, monitoring and recruiting world-class talent; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | FPP AM’s established relationships with sellers, financing providers and prominent executives and entrepreneurs; |
|--|---------|------------------------------------------------------------------------------------------------------------------------|
|  | • | FPP AM’s experience as leaders, executives, board members, investors or bankers in multiple businesses; |
|--|---------|---------------------------------------------------------------------------------------------------------------|
|  | • | FPP AM’s experience in executing transactions and negotiating transactions favorable to investors across a broad range of sectors under varying economic and financial market conditions; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | FPP AM’s experience in investing either directly or indirectly via funds, and their network in private equity opportunities, which should help to ensure access to a wide breadth of deal flow via portfolio                companies; and |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | the personal network and connections of our independent board members and advisory committee members, which we expect to provide additional sourcing capabilities. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | conduct the redemptions in conjunction with a proxy solicitation pursuant to Regulation 14A of the Exchange Act, which regulates the solicitation of proxies, and not pursuant to the tender offer rules; and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | file proxy materials with the SEC. |
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|  | • | conduct the redemptions pursuant to Rule 13e-4 and Regulation 14E of the Exchange Act, which regulate issuer tender offers; and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------|
|  | • | file tender offer documents with the SEC prior to completing our initial business combination which contain substantially the same financial and other information about the initial business combination and                the redemption rights as is required under Regulation 14A of the Exchange Act, which regulates the solicitation of proxies. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 1A. | RISK FACTORS |
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|  | • | restrictions on the nature of our investments; and |
|--|---------|----------------------------------------------------|
|  | • | restrictions on the issuance of securities, each of which may make it difficult for us to complete our initial business combination. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------|

|  | • | registration as an investment company with the SEC; |
|--|---------|-----------------------------------------------------|
|  | • | adoption of a specific form of corporate structure; and |
|--|---------|---------------------------------------------------------|
|  | • | reporting, record keeping, voting, proxy and disclosure requirements and other rules and regulations that we are currently not subject to. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | may significantly dilute the equity interest of investors in our initial public offering, which dilution would increase if the anti-dilution provisions in the Class B ordinary shares resulted in the issuance                of Class A ordinary shares on a greater than one-to-one basis upon conversion of the Class B ordinary shares; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | may subordinate the rights of holders of Class A ordinary shares if preference shares are issued with rights senior to those afforded our Class A ordinary shares; |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | could cause a change in control if a substantial number of Class A ordinary shares are issued, which may affect, among other things, our ability to use our net operating loss carry forwards, if any, and could                result in the resignation or removal of our present officers and directors; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | may have the effect of delaying or preventing a change of control of us by diluting the share ownership or voting rights of a person seeking to obtain control of us; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | may adversely affect prevailing market prices for our units, Class A ordinary shares and/or warrants; and |
|--|---------|-----------------------------------------------------------------------------------------------------------|
|  | • | may not result in adjustment to the exercise price of our warrants. |
|--|---------|---------------------------------------------------------------------|

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|  | • | default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants that require the maintenance of certain financial ratios                or reserves without a waiver or renegotiation of that covenant; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | our immediate payment of all principal and accrued interest, if any, if the debt is payable on demand; |
|--|---------|--------------------------------------------------------------------------------------------------------|
|  | • | our inability to obtain necessary additional financing if the debt contains covenants restricting our ability to obtain such financing while the debt is outstanding; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | our inability to pay dividends on our Class A ordinary shares; |
|--|---------|----------------------------------------------------------------|
|  | • | using a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce the funds available for dividends on our Class A ordinary shares if declared, expenses, capital                expenditures, acquisitions and other general corporate purposes; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | limitations on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------|
|  | • | increased vulnerability to adverse changes in general economic, industry and competitive conditions and adverse changes in government regulation; and |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | limitations on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions, debt service requirements, execution of our strategy and other purposes and other disadvantages                compared to our competitors who have less debt. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | solely dependent upon the performance of a single business, property or asset; or |
|--|---------|-----------------------------------------------------------------------------------|
|  | • | dependent upon the development or market acceptance of a single or limited number of products, processes or services. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------|

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|  | • | costs and difficulties inherent in managing cross-border business operations and complying with different commercial and legal requirements of overseas markets; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | rules and regulations regarding currency redemption; |
|--|---------|------------------------------------------------------|
|  | • | complex corporate withholding taxes on individuals; |
|--|---------|-----------------------------------------------------|
|  | • | laws governing the manner in which future business combinations may be effected; |
|--|---------|----------------------------------------------------------------------------------|
|  | • | exchange listing and/or delisting requirements; |
|--|---------|-------------------------------------------------|
|  | • | tariffs and trade barriers, including the impact of ongoing trade wars between the United States and foreign countries; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------|
|  | • | regulations related to customs and import/export matters; |
|--|---------|-----------------------------------------------------------|
|  | • | local or regional economic policies and market conditions; |
|--|---------|------------------------------------------------------------|
|  | • | unexpected changes in regulatory requirements; |
|--|---------|------------------------------------------------|
|  | • | challenges in managing and staffing international operations; |
|--|---------|---------------------------------------------------------------|
|  | • | longer payment cycles; |
|--|---------|------------------------|
|  | • | tax issues, such as tax law changes and variations in tax laws as compared to the United States; |
|--|---------|--------------------------------------------------------------------------------------------------|
|  | • | currency fluctuations and exchange controls; |
|--|---------|----------------------------------------------|
|  | • | rates of inflation; |
|--|---------|---------------------|
|  | • | challenges in collecting accounts receivable; |
|--|---------|-----------------------------------------------|
|  | • | cultural and language differences; |
|--|---------|------------------------------------|
|  | • | employment regulations; |
|--|---------|-------------------------|
|  | • | underdeveloped or unpredictable legal or regulatory systems; |
|--|---------|--------------------------------------------------------------|
|  | • | corruption; |
|--|---------|-------------|
|  | • | protection of intellectual property; |
|--|---------|--------------------------------------|
|  | • | social unrest, crime, strikes, riots and civil disturbances; |
|--|---------|--------------------------------------------------------------|
|  | • | regime changes and political upheaval; |
|--|---------|----------------------------------------|
|  | • | terrorist attacks, natural disasters and wars; |
|--|---------|------------------------------------------------|
|  | • | deterioration of political relations with the United States; and |
|--|---------|------------------------------------------------------------------|
|  | • | government appropriation of assets. |
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|  | • | a limited availability of market quotations for our securities; |
|--|---------|-----------------------------------------------------------------|
|  | • | reduced liquidity for our securities; |
|--|---------|---------------------------------------|
|  | • | a determination that our Class A ordinary shares are a “penny stock” which will require brokers trading in our Class A ordinary shares to adhere to more stringent rules and possibly result in a reduced level of              trading activity in the secondary trading market for our securities; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | a limited amount of news and analyst coverage; and |
|--|---------|----------------------------------------------------|
|  | • | a decreased ability to issue additional securities or obtain additional financing in the future. |
|--|---------|--------------------------------------------------------------------------------------------------|

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|  | • | we have a board that includes a majority of “independent directors,” as defined under Nasdaq listing rules; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------|
|  | • | we have a compensation committee of our board that is comprised entirely of independent directors with a written charter addressing the committee’s purpose and responsibilities; and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | director nominations be made, or recommended to the full board, by our independent directors or by a nominating committee of our board that is composed entirely of independent directors with a written charter              or resolution addressing the committee’s purpose and responsibilities. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 1B. | UNRESOLVED STAFF COMMENTS |
|----------|---------------------------|

| ITEM 2. | PROPERTIES |
|---------|------------|

| ITEM 3. | LEGAL PROCEEDINGS |
|---------|-------------------|

| ITEM 4. | MINE SAFETY DISCLOSURES |
|---------|-------------------------|

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| ITEM 5. | MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES |
|---------|--------------------------------------------------------------------------------------------------------------------|

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| ITEM 6. | [RESERVED]. |
|---------|-------------|

| ITEM 7. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
|---------|---------------------------------------------------------------------------------------------|

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| ITEM 7A. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK |
|----------|------------------------------------------------------------|

| ITEM 8. | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA |
|---------|---------------------------------------------|

| ITEM 9. | CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE |
|---------|--------------------------------------------------------------------------------------|

| ITEM 9A. | CONTROLS AND PROCEDURES |
|----------|-------------------------|

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| ITEM 9B. | OTHER INFORMATION. |
|----------|--------------------|
| ITEM 9C. | DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS. |
|----------|----------------------------------------------------------------------|

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| ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE |
|----------|--------------------------------------------------------|

| Name                        |   | Age |   | Position                                     |
|-----------------------------|--------|-----|--------|----------------------------------------------|
| Jonathan Neill              |   | 62  |   | Interim Chief Executive Officer and Director |
| Christopher Edwards         |   | 49  |   | Interim Chief Financial Officer and Director |
| Enrique Fernández Aisa |   | 53  |   | Director                                     |
| Konrad Kozik                |   | 51  |   | Director                                     |
| Herbert Stepic              |   | 75  |   | Director                                     |

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|  | • | meeting with our independent registered public accounting firm regarding, among other issues, audits, and adequacy of our accounting and control systems; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | monitoring the independence of the independent registered public accounting firm; |
|--|---------|-----------------------------------------------------------------------------------|
|  | • | verifying the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law; |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | inquiring and discussing with management our compliance with applicable laws and regulations; |
|--|---------|-----------------------------------------------------------------------------------------------|
|  | • | pre-approving all audit services and permitted non-audit services to be performed by our independent registered public accounting firm, including the fees and terms of the services to be performed; |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | appointing or replacing the independent registered public accounting firm; |
|--|---------|----------------------------------------------------------------------------|
|  | • | determining the compensation and oversight of the work of the independent registered public accounting firm (including resolution of disagreements between management and the independent auditor regarding              financial reporting) for the purpose of preparing or issuing an audit report or related work; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our financial              statements or accounting policies; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | monitoring compliance on a quarterly basis with the terms of our initial public offering and, if any noncompliance is identified, immediately taking all action necessary to rectify such noncompliance or              otherwise causing compliance with the terms of our initial public offering; and |
|--|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | reviewing and approving all payments made to our existing shareholders, executive officers or directors and their respective affiliates. Any payments made to members of our audit committee will be reviewed and              approved by our board of directors, with the interested director or directors abstaining from such review and approval. |
|--|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | reviewing and approving on an annual basis the corporate goals and objectives relevant to our Chief Executive Officer’s compensation, evaluating our Chief Executive Officer’s performance in light of such                goals and objectives and determining and approving the remuneration (if any) of our Chief Executive Officer; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | • | reviewing and approving the compensation of all of our other Section 16 executive officers; |
|--|---------|---------------------------------------------------------------------------------------------|
|  | • | reviewing our executive compensation policies and plans; |
|--|---------|----------------------------------------------------------|
|  | • | implementing and administering our incentive compensation equity-based remuneration plans; |
|--|---------|--------------------------------------------------------------------------------------------|
|  | • | assisting management in complying with our proxy statement and/or annual report disclosure requirements; |
|--|---------|----------------------------------------------------------------------------------------------------------|
|  | • | approving all special perquisites, special cash payments and other special compensation and benefit arrangements for our executive officers and employees; |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | producing a report on executive compensation to be included in our annual proxy statement, to the extent required; and |
|--|---------|------------------------------------------------------------------------------------------------------------------------|
|  | • | reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors. |
|--|---------|----------------------------------------------------------------------------------------------------|

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|  | • | duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole; |
|--|---------|---------------------------------------------------------------------------------------------------------------------------|
|  | • | duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; |
|--|---------|------------------------------------------------------------------------------------------------------------------|
|  | • | directors should not improperly fetter the exercise of future discretion; |
|--|---------|---------------------------------------------------------------------------|
|  | • | duty not to put themselves in a position in which there is a conflict between their duty to the company and their personal interests; and |
|--|---------|-------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | duty to exercise independent judgment. |
|--|---------|----------------------------------------|

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| Individual                  | ​ | Entity                    | ​ | Entity’sBusiness | ​ | Affiliation      |
|-----------------------------|---------|---------------------------|---------|------------------------|---------|------------------|
| Jonathan Neill              |    | FPP Asset Management LLP  |    | Investment             |    | Director         |
|                        |    |                      |    |                   |    |             |
| Christopher Edwards         |    | FPP Asset Management LLP  |    | Investment             |    | Director and CFO |
|                        |    |                      |    |                   |    |             |
| Enrique Fernández Aisa | ​ | PJSC M.Video              | ​ | Consumer Retail        | ​ | Director         |
|                        |    |                      |    |                   |    |             |
| Konrad Kozik                | ​ | Deutsche Bank Poland S.A. | ​ | Banking                | ​ | Board Member     |
|                        |    |                      |    |                   |    |             |
|                        | ​ | Intesa Sanpaolo Bank S.A. | ​ | Banking                | ​ | Board Member     |
|                        |    |                      |    |                   |    |             |
|                        | ​ | Moldova Agroindbank       | ​ | Banking                | ​ | Board Member     |
|                        |    |                      |    |                   |    |             |
| Herbert Stepic              | ​ | BC Moldinconbank S.A.     | ​ | Banking                | ​ | Board Member     |
|                        |    |                      |    |                   |    |             |
|                        | ​ | Tamak Holding             | ​ | Investment             | ​ | Board Member     |
|  | • | Our executive officers and directors are not required to, and will not, commit their full time to our affairs, which may result in a conflict of interest in allocating their time between our operations and our              search for a business combination and their other businesses. We do not intend to have any full-time employees prior to the completion of our initial business combination. Each of our executive officers is engaged in several other business              endeavors for which he may be entitled to substantial compensation, and our executive officers are not obligated to contribute any specific number of hours per week to our affairs. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our prior sponsor subscribed for founder shares and purchased private placement warrants in a transaction that closed simultaneously with the closing of our initial public offering (such founder shares and                private placement warrants were subsequently transferred by our prior sponsor to our sponsor). |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Our prior sponsor and each member of our management team have entered into an agreement with us, pursuant to which they have agreed to waive their redemption rights with respect to any founder shares and                public shares held by them in connection with (i) the completion of our initial business combination and (ii) a shareholder vote to approve an amendment to our amended and restated memorandum and articles of association (A) that would                modify the substance or timing of our obligation to provide holders of our Class A ordinary shares the right to have their shares redeemed in connection with our initial business combination or to redeem 100% of our public shares if we do                not complete our initial business combination within the prescribed timeframe or (B) with respect to any other provision relating to the rights of holders of our Class A ordinary shares. Pursuant to the novation agreement dated June 8,                2022, our prior sponsor transferred its rights and obligations under such agreement to our sponsor. Additionally, our sponsor has agreed to waive its rights to liquidating distributions from the trust account with respect to its founder                shares if we fail to complete our initial business combination within the prescribed time frame. If we do not complete our initial business combination within the prescribed time frame, the private placement warrants will expire worthless.                Except as described herein, our sponsor and our directors and executive officers have agreed not to transfer, assign or sell any of their founder shares until the earliest of (i) one year after the completion of our initial business                combination and (ii) subsequent to our initial business combination, (A) if the closing price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations,                recapitalizations and the like) for any 20 trading days within any 30-trading-day period commencing at least 150 days after our initial business combination, (B) the date on which we complete a liquidation, merger, share exchange or other                similar transaction that results in all of our public shareholders having the right to exchange their ordinary shares for cash, securities or other property. Except as described herein, the private placement warrants will not be                transferable until 30 days following the completion of our initial business combination. In case of our executive officers and director nominees will own ordinary shares or warrants directly or indirectly, they may have a conflict of                interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|  | • | Our officers and directors may have a conflict of interest with respect to evaluating a particular business combination if the retention or resignation of any such officers and directors is included by a target              business as a condition to any agreement with respect to our initial business combination. In addition, our sponsor, officers and directors may sponsor, form or participate in other blank check companies similar to ours during the period in              which we are seeking an initial business combination. Any such companies may present additional conflicts of interest in pursuing an acquisition target, particularly in the event there is overlap among investment mandates. |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 11. | EXECUTIVE COMPENSATION |
|----------|------------------------|

| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED SHAREHOLDER MATTERS |
|----------|------------------------------------------------------------------------------------------------|
|  | • | each person known by us to be the beneficial owner of more than 5% of our issued and outstanding ordinary shares; |
|--|---------|-------------------------------------------------------------------------------------------------------------------|
|  | • | each of our executive officers and directors that beneficially owns our ordinary shares; and |
|--|---------|----------------------------------------------------------------------------------------------|
|  | • | all our executive officers and directors as a group. |
|--|---------|------------------------------------------------------|

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|                                                     |   | Class Bordinary shares               |      |      | Class Aordinary shares         |
|----------------------------------------------------------|--------|--------------------------------------|-----------|-----------|--------------------------------|
|  Name of Beneficial Owners(1)                       |   | Number ofShares BeneficiallyOwned(2) |      |      | Approximate Percentageof Class |   |   | Number ofShares BeneficiallyOwned |   |   | Approximate Percentageof Class |   |
| New Emerging Markets Horizon (our sponsor)(3)            |   |                                 | 7,150,000 |      |                           |   | 99.5 | % |   |   | — |   |   |   | — |   |
| FPP Capital Advisers                                     |   |                                 | —   | (4)  |                           |   | — |   |   |   | — |   |   |   | — |   |
| Enrique Fernández Aisa                              |   |                                 | 12,500    |      |                           |   | * |   |   |   | — |   |   |   | — |   |
| Konrad Kozik                                             |   |                                 | 12,500    |      |                           |   | * |   |   |   | — |   |   |   | — |   |
| Herbert Stepic                                           |   |                                 | 12,500    |      |                           |   | * |   |   |   | — |   |   |   | — |   |
| All officers and directors as a group (five individuals) |   |                                 | 37,500    |      |                           |   | * |   |   |   | — |   |   |   | — |   |
| LF Group DMCC(5)                                         |   |                                 | —   |      |                           |   | — |   |   |   | 1,500,000 |   |   |   | 5.22 | % |
| Adage Capital Partners, L.P.(6)                          |   |                                 | —   |      |                           |   | — |   |   |   | 1,500,000 |   |   |   | 5.22 | % |
| PIK Invest Ltd(7)                                        |   |                                 | —   |      |                           |   | — |   |   |   | 2,000,000 |   |   |   | 7.0 | % |

| * | Less than one percent. |
|---|------------------------|
| (1) | Unless otherwise noted, the business address of each of our shareholders is 8th Floor, Berkeley Square House, Berkeley Square, London, W1J 6DB, United Kingdom. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Interests shown consist solely of founder shares, classified as Class B ordinary shares. The Class B ordinary shares will automatically convert into Class A ordinary shares of the company at the time of the                company’s initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment, as more fully described under the heading “Description of Securities—Founder Shares” in the company’s prospectus                filed pursuant to Rule 424(b)(4) (File No. 333-258393). |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | New Emerging Markets Horizon, our sponsor, is the record holder of the Class B ordinary shares reported herein. Our sponsor is managed by FPP Capital Advisers, an affiliate of FPP AM. FPP may be deemed to                beneficially own shares held by our sponsor by virtue of its control over our sponsor. Riccardo Orcel holds a non-voting 19.99% membership interest in our sponsor. Other than FPP, no member of our sponsor exercises voting or dispositive                control over any of the shares held by our sponsor. Accordingly, none of them will be deemed to have or share beneficial ownership of such shares. FPP disclaims beneficial ownership of our ordinary shares held by our sponsor, other than to                the extent of any pecuniary interest it may have therein, directly or indirectly. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Does not include any shares indirectly owned by this individual as a result of their membership interest in our sponsor. |
|-----|--------------------------------------------------------------------------------------------------------------------------|
| (5) | According to a Schedule 13G filed with the SEC on December 20, 2021, each of LF Group DMCC and Sergey Lomakin may be deemed to be the beneficial owner of 1,500,000 Class A ordinary shares. Each of LF Group                DMCC and Sergey Lomakin may be deemed to have sole voting and sole dispositive power over 1,500,000 Class A ordinary shares. The principal business address of each of LF Group DMCC and Sergey Lomakin is 4316, DMCC Business Centre, Level No                1, Jewellery & Gemplex 3, Dubai, United Arab Emirates. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | According to a Schedule 13G filed with the SEC on December 27, 2021, each of Adage Capital Partners, L.P. (“ACP”), Adage Capital Partners GP, L.L.C. (“ACPGP”), Adage Capital Advisors, L.L.C. (“ACA”), Robert                Atchinson and Phillip Gross may be deemed to be the beneficial owner of 1,500,000 Class A ordinary shares. ACP has the power to dispose of and the power to vote the Class A Ordinary Shares beneficially owned by it, which power may be                exercised by its general partner, ACPGP. ACA, as managing member of ACPGP, directs ACPGP’s operations. Neither ACPGP nor ACA directly own any Class A Ordinary Shares. Messrs. Atchinson and Gross, as managing members of ACA, have shared                power to vote the Class A Ordinary Shares beneficially owned by ACP.  Neither Mr. Atchinson nor Mr. Gross directly own any Class A Ordinary Shares. Each of ACP, ACPGP, ACA, Mr. Atchinson and Mr. Gross may be deemed to have shared voting and                shared dispositive power of 2,000,000 Class A ordinary shares. The principal business address of each of ACP, ACPGP, ACA, Mr. Atchinson and Mr. Gross is 200 Clarendon Street, 52nd Floor, Boston, Massachusetts 02116. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (7) | According to a Schedule 13G filed with the SEC on December 23, 2021, each of PIK Invest Ltd, International LLC Ledamen, PIK + LLC, HREF Foundation and Mr. Sergey Gordeev may be deemed to be the beneficial                owner of 2,000,000 Class A ordinary shares. PIK Invest Ltd is wholly owned by International LLC Ledamen.  International LLC Ledamen is wholly owned by PIK + LLC.  PIK + LLC is wholly owned by HREF Foundation.  HREF Foundation is controlled                by Mr. Gordeev. Each of PIK Invest Ltd, International LLC Ledamen, PIK + LLC, HREF Foundation and Mr. Sergey Gordeev may be deemed to have shared voting and shared dispositive power of 2,000,000 Class A ordinary shares. The principal                business address of PIK Invest Ltd is Faneromenis, 106, 3rd Floor, Flat/Office 301, 6031, Larnaca, Cyprus. The principal business address of International LLC Ledamen is Premises B/70, 25, Solnechniy Boulevard, Kaliningrad, Urban District                Kaliningrad, Kaliningrad Region, 236006. The principal business address of PIK + LLC is Room 7, Premises I, 7th Floor, 19, Barrikadnaya Street, Moscow, 123242. The principal business address of HREF Foundation is SCHREIBER & ZINDEL                Treuhand-Anstalt, Kirchstrasse 39; 9490 Vaduz, Liechtenstein. The principal business address of Mr. Gordeev is bld.1, 19, Barrikadnaya Street, Moscow, 123242. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE |
|----------|---------------------------------------------------------------------------|

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| ITEM 14. | PRINCIPAL ACCOUNTING FEES AND SERVICES. |
|----------|-----------------------------------------|

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| ITEM 15. | EXHIBITS, FINANCIAL STATEMENTS SCHEDULES |
|----------|------------------------------------------|

|   | (a) | The following documents are filed as part of this Report on Form 10-K: |
|--------|-----|------------------------------------------------------------------------|
|   | (1) | Financial Statements: |
|--------|-----|-----------------------|
|                                                                                                                            |   | Page   |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| Report of Independent Registered Public Accounting Firm                                                                         |   | F-2    |   |
| Financial Statements                                                                                                            |   |   |   |
| Balance Sheet as of December 31, 2021                                                                                           |   | F-3    |   |
| Statement of Operations for the period from May 6, 2021 (inception) through December 31, 2021                                   |   | F-4    |   |
| Statement of Changes in Shareholders’ Deficit for the period from May 6, 2021 (inception)  through December 31, 2021 |   | F-5    |   |
| Statement of Cash Flows for the period from May 6, 2021 (inception) through December 31, 2021                                   |   | F-6    |   |
| Notes to Financial Statements                                                                                                   |        | F-7    |        |
|   | (2) | Financial Statement Schedules: |
|--------|-----|--------------------------------|
|  | (3) | Exhibits: |
|--|-----|-----------|
| Exhibit No. |   | Description                                                                                                                                                      |
|-------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1         |   | Amended and Restated Memorandum and Articles of Association.(1)                                                                                                  |
| 4.1         |   | Warrant Agreement, dated December 8, 2021, by and between Continental Stock Transfer & Trust Company and the Company.(1)                                     |
| 4.2         |   | Description of Registrant’s Securities.*                                                                                                                   |
| 10.1        |   | Investment Management Trust Account Agreement, dated December 8, 2021, by and between Continental Stock Transfer & Trust Company and the Company.(1)         |
| 10.2        |   | Registration and Shareholder Rights Agreement, dated December 8, 2021, by and among the Company, the Sponsor and certain other securityholders named therein.(1) |
| 10.3        |   | Private Placement Warrants Purchase Agreement, dated December 8, 2021, by and between the Company and the Sponsor.(1)                                            |
| 10.4        |   | Letter Agreement, dated December 8, 2021, by and among the Company, the Sponsor and the Company’s officers and directors.(1)                               |
| 10.5        |   | Administrative Services Agreement, dated December 8, 2021, by and between the Company and the Sponsor.(1)                                                        |
| 10.6        |   | Form of Indemnity Agreement by and between the Company and each of its officers and directors of the Company.(1)                                                 |
| 10.7        |   | Promissory Note, dated September 9, 2022, by and between the Company and the Sponsor.*                                                                           |
| 31.1        |   | Certification of the Principal Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) or Rule 15d-14(a).*                                         |
| 31.2        |   | Certification of the Principal Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) or Rule 15d-14(a).*                                         |
| 32.1        |   | Certification of the Principal Executive Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**      |
| 32.2        |   | Certification of the Principal Financial Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.**      |

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| * | Filed herewith |
|---|----------------|
| ** | Furnished herewith |
|----|--------------------|
| (1) | Previously filed as an exhibit to our Current Report on Form 8-K filed with the SEC on December 14, 2021, and incorporated by reference herein. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

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| ITEM 16. | FORM 10-K SUMMARY |
|----------|-------------------|

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| Date: September 12, 2022 | EMERGING MARKETS HORIZON CORP. |                                         |
|--------------------------|--------------------------------|----------------------------------------------|
|                          |                                |                                              |   |
|                          | /s/ Jonathan Neill             |                                         |
|                          | Name:                          | Jonathan Neill                               |   |
|                          | Title:                         | Interim Chief Executive Officer and Director |   |

| Name                                                       |   | Position                                                                  |   | Date               |
|------------------------------------------------------------|--------|---------------------------------------------------------------------------|--------|--------------------|
| Jonathan Neill/s/ Jonathan Neill                           |   | Interim Chief Executive Officer and Director(Principal Executive Officer) |   | September 12, 2022 |
| Christopher Edwards/s/ Christopher Edwards                 |   | Interim Chief Financial Officer and Director(Principal Financial Officer) |   | September 12, 2022 |
| Enrique Fernández Aisa/s/ Enrique Fernández Aisa |   | Director                                                                  |   | September 12, 2022 |
| Konrad Kozik/s/ Konrad Kozik                               |   | Director                                                                  |   | September 12, 2022 |
| Herbert Stepic/s/ Herbert Stepic                           |   | Director                                                                  |   | September 12, 2022 |

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|                                                                                                                      | Page   |
|---------------------------------------------------------------------------------------------------------------------------|--------|
| Report of Independent Registered Public Accounting Firm                                                                   | F-2    |
| Financial Statements:                                                                                                     |   |
| Balance Sheet as of December 31, 2021                                                                                     | F-3    |
| Statement of Operations for the period from May 6, 2021 (inception) through December 31, 2021                             | F-4    |
| Statement of Changes in Shareholders’ Deficit for the period from May 6, 2021 (inception) through December 31, 2021 | F-5    |
| Statement of Cash Flows for the period from May 6, 2021 (inception) through December 31, 2021                             | F-6    |
| Notes to the Financial Statements                                                                                         | F-7    |

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| ASSETS                                                                                                                                                              |   |   |        |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|
| Current Assets                                                                                                                                                      |   |   |        |
| Cash                                                                                                                                                                |   | $      | 503,187     |   |
| Other receivables                                                                                                                                                   |   |   | 12,500      |   |
| Prepaid expenses - current                                                                                                                                          |   |   | 584,866     |   |
| Total Current Assets                                                                                                                                                |   |   | 1,100,553   |   |
| Investments held in Trust Account                                                                                                                                   |   |   | 293,251,371 |   |
| Prepaid expenses - non-current                                                                                                                                      |   |   | 116,668     |   |
| Total Assets                                                                                                                                                        |   | $      | 294,468,592 |   |
| ​                                                                                                                                                             |   |   |        |   |
| LIABILITIES AND SHAREHOLDERS’ DEFICIT                                                                                                                         |   |   |        |   |
| Current Liabilities                                                                                                                                                 |   |   |        |   |
| Accounts payable and accrued expenses                                                                                                                               |   | $      | 133,563     |   |
| Total Current Liabilities                                                                                                                                           |   |   | 133,563     |   |
| ​                                                                                                                                                             |   |   |        |   |
| Warrant liabilities                                                                                                                                                 |   |   | 13,881,250  |   |
| Deferred underwriting commissions payable                                                                                                                           |   |   | 10,062,500  |   |
| Total Liabilities                                                                                                                                                   |   |   | 24,077,313  |   |
|                                                                                                                                                                |   |   |        |   |
| Commitments and Contingencies                                                                                                                                       |   |   |        |   |
| Class A ordinary shares, $0.0001 par value, subject to possible redemption; 28,750,000 shares (at a redemption value of $10.20 per share)                           |   |   | 293,251,371 |   |
| ​                                                                                                                                                             |   |   |        |   |
| Shareholders’ Deficit                                                                                                                                         |   |   |        |   |
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding                                                                       |   |   | —     |   |
| Class A ordinary shares, $0.0001 par value; 300,000,000 shares authorized; none issued and outstanding (excluding 28,750,000 shares subject to possible redemption) |   |   | —     |   |
| Class B ordinary shares, $0.0001 par value; 30,000,000 shares authorized; 7,187,500 shares issued and outstanding                                                   |   |   | 719         |   |
| Accumulated deficit                                                                                                                                                 |   |   | (22,860,811 | ) |
| Total Shareholders’ Deficit                                                                                                                                   |   |   | (22,860,092 | ) |
| TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT                                                                                                                   |   | $      | 294,468,592 |   |

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| Formation costs                                                           |   | $      | 3,471      |   |
|---------------------------------------------------------------------------|--------|--------|------------|--------|
| Loss from operations                                                      |   |   | (3,471     | )      |
|                                                                      |   |   |       |   |
| Other income (expense):                                                   |   |   |       |   |
| Change in fair value of warrant liabilities                               |   |   | 15,427,500 |   |
| Insurance expenses                                                        |   |   | (23,333    | )      |
| Professional services                                                     |   |   | (58,729    | )      |
| Interest earned on investments held in Trust Account                      |   |   | 1,371      |   |
| Offering costs allocated to warrants                                      |   |   | (1,071,693 | )      |
| Other expenses                                                            |   |   | (5,317     | )      |
| Total other income, net                                                   |   |   | 14,269,799 |   |
| Net Income                                                                |   | $      | 14,266,328 |   |
|                                                                      |   |   |       |   |
| Weighted average Class A redeemable shares outstanding, basic and diluted |   |   | 2,156,250  |   |
| Basic and diluted net income per Class A redeemable share outstanding     |   | $      | 1.71       |   |
| Weighted average Class B non-redeemable shares outstanding, basic         |   |   | 6,164,063  |   |
| Basic net income per Class B non-redeemable share outstanding             |   | $      | 1.71       |   |
| Weighted average Class B non-redeemable shares outstanding, diluted       |   |   | 7,007,813  |   |
| Diluted net income per Class B non-redeemable share outstanding           |   | $      | 1.51       |   |

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|                                                             |   | Class BOrdinary Shares |      |   | AdditionalPaid inCapital |   |    | AccumulatedDeficit |   |   | TotalShareholders’Deficit |   |
|------------------------------------------------------------------|--------|------------------------|-----------|--------|--------------------------|--------|---------|--------------------|--------|--------|---------------------------------|--------|
|                                                             |   | Shares                 |      |   | Amount                   |   |    |               |   |   |                            |   |   |   |   |
| Balance – May 6, 2021 (inception)                          |   |                   | —   |   |                     | $      | — |               |   | $      | —                         |   |   | $ | — |   |   | $ | — |   |
| Issuance of Class B ordinary shares to Sponsor                   |   |                   | 7,187,500 |   |                     |   | 719     |               |   |   | 24,281                          |   |   |   | — |   |   |   | 25,000 |   |
| Proceeds from Private Placement Warrants in excess of fair value |   |                   | —   |   |                     |   | — |               |   |   | —                         |   |   |   | 2,160,000 |   |   |   | 2,160,000 |   |
| Accretion of net shares subject to possible redemption           |   |                   | —   |   |                     |   | — |               |   |   | (24,281                         | )      |   |   | (39,287,139 | ) |   |   | (39,311,420 | ) |
| Net income                                                       |   |                   | —   |   |                     |   | — |               |   |   | —                         |   |   |   | 14,266,328 |   |   |   | 14,266,328 |   |
| Balance – December 31, 2021                                |   |                   | 7,187,500 |   |                     | $      | 719     |               |   | $      | —                         |   |   | $ | (22,860,811 | ) |   | $ | (22,860,092 | ) |

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| Cash flows from Operating Activities:                                         |   |   |         |
|-------------------------------------------------------------------------------|--------|--------|--------------|
| Net income                                                                    |   | $      | 14,266,328   |   |
| Adjustments to reconcile net income to net cash used in operating activities: |   |   |         |   |
| Offering costs allocated to warrants                                          |   |   | 1,071,693    |   |
| Change in fair value of warrant liabilities                                   |   |   | (15,427,500  | ) |
| Interest earned on investments held in Trust Account                          |   |   | (1,371       | ) |
| Changes in operating assets and liabilities:                                  |   |   |         |   |
| Prepaid expenses and other current assets                                     |   |   | (714,034     | ) |
| Accounts payable and accrued expenses                                         |   |   | 133,563      |   |
| Net cash used in operating activities                                         |   |   | (671,321     | ) |
|                                                                          |   |   |         |   |
| Cash flows from Investing Activities:                                         |   |   |         |   |
| Principal deposited into Trust Account                                        |   |   | (293,250,000 | ) |
| Net cash used in investing activities                                         |   |   | (293,250,000 | ) |
|                                                                          |   |   |         |   |
| Cash flows from Financing Activities:                                         |   |   |         |   |
| Proceeds from initial public offering, net of underwriting discount           |   |   | 281,750,000  |   |
| Proceeds from the sale of Private Placement warrants                          |   |   | 13,500,000   |   |
| Proceeds from the issuance of Class B shares                                  |   |   | 25,000       |   |
| Proceeds from promissory note – related party                           |   |   | 275,000      |   |
| Repayment of promissory note – related party                            |   |   | (275,000     | ) |
| Payment of offering costs                                                     |   |   | (850,492     | ) |
| Net cash provided by financing activities                                     |   |   | 294,424,508  |   |
|                                                                          |   |   |         |   |
| Net Change in Cash                                                            |   | $      | 503,187      |   |
| Cash – Beginning of period                                              |   |   | —      |   |
| Cash – End of period                                                    |   | $      | 503,187      |   |
| Supplemental Disclosures of Noncash Financing Activities                      |   |   |         |   |
| Initial value of common shares subject to possible redemption                 |   | $      | 253,939,951  |   |
| Initial fair value of liability associated with warrants                      |   | $      | 29,308,750   |   |
| Accretion of shares subject to possible redemption                            |   | $      | 39,311,420   |   |
| Deferred underwriting commissions                                             |   | $      | 10,062,500   |   |

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| Class A ordinary shares subject to possible redemption at May 6, 2021 (inception) |   | $      | —     |   |
|-----------------------------------------------------------------------------------|--------|--------|-------------|--------|
| Gross proceeds from the sale of Class A ordinary shares in IPO                    |   |   | 287,500,000 |   |
| Less:                                                                             |   |   |        |   |
| Fair value of Public Warrants at issuance                                         |   |   | (17,968,750 | )      |
| Issuance costs on Class A shares                                                  |   |   | (15,591,299 | )      |
| Plus:                                                                             |   |   |        |   |
| Accretion of shares subject to possible redemption to redemption value            |   |   | 39,311,420  |   |
| Class A ordinary shares subject to possible redemption at December 31, 2021       |   | $      | 293,251,371 |   |

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|  | • | Level 1, defined as observable inputs such as quoted prices (unadjusted) for identical instruments in active markets; |
|--|---------|-----------------------------------------------------------------------------------------------------------------------|
|  | • | Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for              identical or similar instruments in markets that are not active; and |
|--|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one              or more significant inputs or significant value drivers are unobservable. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Common shares subject to possible redemption                                                                                                    |   |   |       |
|-------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|
| Numerator: Net income allocable to common shares subject to possible redemption                                                                 |   | $      | 3,697,189  |   |
|                                                                                                                                                 |   |   |       |   |
| Denominator: Weighted average Class A redeemable common shares Weighted average Class A redeemable common shares outstanding, basic and diluted |   |   | 2,156,250  |   |
| Basic and diluted net income per share, Class A redeemable common stock                                                                         |   | $      | 1.71       |   |
| Non-Redeemable Common Stock                                                                                                                     |   |   |       |   |
| Numerator: Net income minus redeemable net earnings                                                                                             |   |   |       |   |
| Net income                                                                                                                                      |   | $      | 14,266,328 |   |
| Less: redeemable net income                                                                                                                     |   |   | (3,697,189 | ) |
| Non-redeemable net income                                                                                                                       |   | $      | 10,569,139 |   |
| Denominator: Weighted average Class B non-redeemable common shares Weighted average Class B non-redeemable common shares outstanding, basic     |   |   | 6,164,063  |   |
| Weighted average Class B non-redeemable common shares outstanding, diluted                                                                      |   |   | 7,007,813  |   |
| Basic net income per share, Class B non-redeemable common stock                                                                                 |   | $      | 1.71       |   |
| Diluted net income per share, Class B non-redeemable common stock                                                                               |   | $      | 1.51       |   |

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|  | • | in whole and not in part; |
|--|---------|---------------------------|
|  | • | at a price of $0.01 per Public Warrant; |
|--|---------|-----------------------------------------|
|  | • | upon not less than 30 days’ prior written notice of redemption to each warrant holder; and |
|--|---------|--------------------------------------------------------------------------------------------------|
|  | • | if, and only if, the reported last sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like)              for any 20 trading days within a 30-trading day period commencing once the warrants become exercisable and ending three business days before the Company sends the notice of redemption to the warrant holders. |
|--|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | • | in whole and not in part; |
|--|---------|---------------------------|
|  | • | at $0.10 per warrant; |
|--|---------|-----------------------|
|  | • | upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and |
|--|---------|-------------------------------------------------------------------------------------------------|
|  | • | if, and only if, the reference value equals or exceeds $10.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) and the Private Placement warrants are              called for redemption on the same terms as the outstanding Public Warrants. |
|--|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| At December 31, 2021 Description |   | Quoted Prices inActive Markets(Level 1) |        |   | Significant OtherObservable Inputs(Level 2) |   |    | Significant OtherUnobservable Inputs(Level 3) |   |
|---------------------------------------|--------|-----------------------------------------|-------------|--------|---------------------------------------------|--------|---------|-----------------------------------------------|--------|
| Assets:                               |   |                                    |        |   |                                        |   |    |                                          |   |
| Investments held in Trust Account     |   | $                                       | 293,251,371 |   |                                        | $      | — |                                          |   | $ | — |   |
|                                  |   |                                    |        |   |                                        |   |    |                                          |   |   |   |   |
| Liabilities:                          |   |                                    |        |   |                                        |   |    |                                          |   |   |   |   |
| Public Warrants                       |   | $                                       | —     |   |                                        | $      | — |                                          |   | $ | 8,481,250 |   |
| Private Placement Warrants            |   |                                    | —     |   |                                        |   | — |                                          |   |   | 5,400,000 |   |
| Total warrant liabilities             |   | $                                       | —     |   |                                        | $      | — |                                          |   | $ | 13,881,250 |   |

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|           |   | Public Warrants |    |   | Private Placement Warrants |   |
|----------------|--------|-----------------|---------|--------|----------------------------|--------|
| Exercise price |   | $               | 11.50   |   |                       | $      | 11.50 |   |
| Share price    |   | $               | 9.71    |   |                       | $      | 9.71 |   |
| Volatility     |   |            | 11.0    | %      |                       |   | 11.0 | % |
| Expected term  |   |            | 6.0     |   |                       |   | 6.0 |   |
| Risk-free rate |   |            | 1.35    | %      |                       |   | 1.35 | % |
| Dividend yield |   |            | — | %      |                       |   | — | % |
| Warrant liabilities at May 6, 2021 (inception) |   | $      | —     |   |
|------------------------------------------------|--------|--------|-------------|--------|
| Initial measurement on December 13, 2021       |   |   | 29,308,750  |   |
| Change in fair value of warrant liabilities    |   |   | (15,427,500 | )      |
| Warrant liabilities at December 31, 2021       |   | $      | 13,881,250  |   |

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