Lion Group Holding (Proficient Alpha Acquisition) ^{Priced, Nasdaq: LGHL}

We are a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone one our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. Our initial business combination and value creation strategy will be to identify, acquire and, after our initial business combination, assist in the growth of a business which provide financial services in Asia, primarily China.