Tempo Automation (ACE Convergence Acquisition) ^{Priced, Nasdaq: TMPO}

ACE Convergence Acquisition is a newly incorporated blank check company. While we may pursue an initial business combination target in any industry or geographic location (subject to certain limitations described in this prospectus), we intend to focus our search for a target business in the IT infrastructure software and semiconductor sector. ACE Convergence Acquisition LLC, our sponsor, is a partnership between cross-border technology private equity firm ACE Equity Partners LLC (“ACE Equity Partners”), and Behrooz Abdi and Dr. Sunny Siu, two seasoned technology executives whose IT infrastructure software and system on chip (“SoC”) backgrounds are highly relevant to our differentiated strategy. Our management team shares the conviction to identify and acquire an emerging leader in the IT infrastructure software/system and SoC markets that is well positioned to capture significant value as the current industrial environment is digitally transformed. We believe our management team’s track record in cross-border business development, product and strategy re-positioning and corporate decision-making particularly at critical market junctures will be central to the value creation proposition of our acquisition mandate.