Relativity Acquisition Corp

Relativity Acquisition Corp is a blank check company formed as a Delaware corporation. Its primary purpose is to effect an initial Business Combination. While the company initially focused on targets within the legalized cannabis industry, it has also actively explored Business Combination targets in other businesses, industries, or geographical locations. These include, but are not limited to, related industries such as consumer packaged goods, health & wellness, technology, pharmaceuticals, manufacturing, distribution, logistics, and brand management. On February 15, 2022, Relativity Acquisition Corp completed its Initial Public Offering of 14,375,000 Units. Each Unit comprised one Public Share and one Public Warrant, with each whole Public Warrant allowing the holder to purchase one share of Class A Common Stock for $11.50 per share. The Units were sold at $10.00 per Unit, generating gross proceeds of $143,750,000. Concurrently, the company completed a private sale of 653,750 Private Placement Units to its Sponsor at $10.00 per Private Placement Unit, generating gross proceeds of $6,537,500. A total of $146,625,000, consisting of $143,750,000 from the Initial Public Offering and $2,875,000 from the Private Placement, was placed in a Trust Account maintained by Continental, acting as trustee. The Management Team, led by Tarek K. Tabsh (CEO) and Steven Berg (CFO), is responsible for completing the initial Business Combination within the Combination Period. On February 13, 2023, the company entered into the SVES Business Combination Agreement.