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      "text": "InterPrivate Acquisition Management II, LLC (the \"Sponsor\") is managed by InterPrivate Capital LLC (\"IPC\"), a wholly owned subsidiary of InterPrivate LLC (\"InterPrivate\"). InterPrivate is a private investment firm founded by the SPAC's Chairman and CEO, Ahmed Fattouh, which makes investments together with family offices and independent private equity and venture capital sponsors. Concurrently with the SPAC's IPO, the Sponsor invested in a private placement of shares of Class B Common Stock and warrants to purchase Class A Common Stock (collectively, the \"Sponsor Equity\") and subsequently transferred 90,000 of such shares of Class B Common Stock to the SPAC's three independent directors (30,000 shares each). Ahmed Fattouh currently has sole voting and dispositive power over all of the Sponsor Equity except for the 90,000 founder shares held directly by the SPAC's independent directors.",
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      "text": "The economic interests in the Sponsor Equity are held by (i) officers, directors and advisors of the SPAC and the Sponsor (collectively, \"Management\"); (ii) InterPrivate, funds managed by IPC, and family office co-investors of IPC (collectively, the \"InterPrivate Investors\"); and (iii) certain unaffiliated institutional investment funds. Unaffiliated institutional investment funds hold approximately 5% of the economic interests of the Sponsor Equity, with the balance held by Management and the InterPrivate Investors.",
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      "text": "Sponsor Promote Disclosure",
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