Transaction Overview:

Under the terms of the Business Combination Agreement, the transaction values Forekast at an enterprise value of $105 million. Upon completion of the transactions outlined in the Business Combination Agreement, any funds left in EVGR's trust account following redemptions will be directed towards enhancing research and development, expanding marketing efforts, entering new markets, acquiring top talent, and exploring potential strategic acquisitions. These initiatives aim to drive Forekast's continued growth.