Item 2. Properties
ITEM
2. PROPERTIES.
We
do not own any real estate or other physical properties materially important to our operations. We currently utilize office space at
3033 Excelsior Blvd, Suite 343, Minneapolis, MN 55416, an affiliate of our sponsor. We will reimburse our sponsor or an affiliate thereof
in an amount equal to $10,000 per month for office space, utilities and secretarial and administrative support made available to us.
Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. We consider our current
office space adequate for our current operations.
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