PepperLime Health Acquisition Corporation *
LIQUIDATION – 3/11/24 – LINK
- The Company anticipates that the last day of trading in the Class A ordinary shares will be March 21, 2024.
- The per-share redemption price is approximately $10.93.
EXTENSION – 8/23/23 – LINK
- The SPAC approved the extension from October 19, 2023 to April 19, 2024.
- 433,061 shares were redeemed.
- $0.06/share will be deposited into the trust account for the initial 3-month extension; $0.02/share per month (x3) thereafter.
EXTENSION – 1/17/23 – LINK
- The SPAC approved the extension from April 19, 2023, to October 19, 2023.
- 15,753,079 shares were redeemed at the meeting.
- No contribution was made to the trust account.
MANAGEMENT & BOARD
Executive Officers
Ramzi Haidamus, 57
Chairman of the Board, Chief Executive Officer and Director
Mr. Haidamus has significant experience leading, advising and effecting turnaround plans at both public and private technology companies. From January 2019 through November 2020, Mr. Haidamus served as President and Chief Executive Officer of Immersion Corporation (NASDAQ: IMMR) where he was brought in to turn the company around, create new strategic goals and reach profitability. Prior to Immersion, Mr. Haidamus was President of Nokia Technologies (“Nokia”), a $1.3 billion organization, from September 2014 to October 2016. He joined Nokia shortly after the divestiture of the mobile business to Microsoft Corporation and worked diligently to raise morale and redefine a new purpose for the consumer-oriented company. While at Nokia, Mr. Haidamus restructured Nokia by creating new divisions and accelerating growth in the existing patent licensing division. Specifically, Mr. Haidamus created the digital media division (which provided the movie industry with professional quality Virtual Reality OZO cameras) and the digital health division (in which Mr. Haidamus created a world-class research center for consumer wearables and patient monitoring). This resulted in the acquisition of Withings S.A. in 2016 for $200 million and led Nokia back to the consumer product business. He partnered with Nokia affiliates Nokia Networks and HERE division to acquire and integrate Alcatel-Lucent in 2015. Prior to Nokia, Mr. Haidamus spent 17 years at Dolby Laboratories (“Dolby”). Mr. Haidamus joined Dolby when it was a private company. While at Dolby, Mr. Haidamus played a key role, alongside its Chief Executive Officer, in restructuring the company into business groups supported by functional units. He oversaw global sales and marketing. Mr. Haidamus was also responsible for managing Dolby’s licensing business and was a key player in launching DVD format technology at Dolby. Mr. Haidamus has a B.S, in Electrical Engineering and an MSEE from the University of the Pacific, both with honors.
Eran Pilovsky, 60
Chief Financial Officer
Mr. Pilovsky has served as the Chief Financial Officer of private and public technology companies since 2000. Mr. Pilovsky started his career with Ernst & Young LLP in September 1985 and was an Audit Partner in the technology practice of Ernst & Young in Palo Alto, California and San Francisco, California until January 2000. Mr. Pilovsky has significant financial management experience and a wide range of financial transaction expertise, including an initial public offering, follow-on public offerings, mergers and acquisitions, and private financing transactions. Mr. Pilovsky was the Chief Financial Officer of Tenor, Inc. (from October 2017 to July 2018) and Xnor.AI (from November 2017 to June 2020) prior to their respective sales to Google and Apple and following which he was a member of the mergers and acquisitions integration teams at both Google and Apple. Mr. Pilovsky also has Chief Financial Officer experience with public companies (Vyyo and Blue Martini Software) and served as Chief Financial Officer at several early-stage technology companies including most recently Splice Machine Inc. (October 2012 to July 2021). Mr. Pilovsky received his B.S. in Business Administration with a Cum Laude distinction from the University of San Francisco.
Maurice Op de Beek, 47
Executive Vice President
Mr. Op de Beek was most recently the Chief Technology Officer at FeelRobotics, an Internet of Things focused technology company based in Amsterdam, Netherlands, where he worked from January 2017 to March 2021. Mr. Op de Beek was involved in all elements of design, strategy and engineering of FeelRobotic’s platform, which provides integrated hardware and mobile app solutions to consumer hardware companies. Prior to his role with FeelRobotics, he was the Chief Technology Officer at Kiiroo B.V., a company that creates interactive consumer products for the sexual wellness industry, where he worked from January 2014 to December 2016. He began his career as an options market maker and has an extensive knowledge on equity and derivatives trading from his prior work as a senior derivatives trader. Mr. Op de Beek graduated with a Master of Economics: International Economic Studies from the University of Maastricht?—?Maastricht.
Board of Directors
Frank Ferrari, 56
President and Director
Mr. Ferrari is a seasoned senior executive whose career has focused on the transformative leadership of sexual health and wellness companies. Most recently from May 2018 to June 2020, he was the President of Americas for WOW Tech Group, an innovative company focused on sexual health and wellness. After serving as a member of the board of directors of Standard Innovation Corporation from November 2008 to June 2020, Mr. Ferrari took on the role of President of Standard Innovation Corp (“SIC”) from November 2014 until June 2020, where he led a turnaround by transitioning the business development model to focus on higher-margin channels and added a number of new products and software services to make the product portfolio appealing to additional demographics and potential investors. After helping SIC return to growth, Mr. Ferrari was part of a team at SIC that negotiated a merger with a European competitor. Mr. Ferrari has also held senior leadership positions at Keystream, an IT consulting company, from April 1998 to March 2014, as well as Obotics, a consumer health and wellness technology startup, from January 2013 to May 2016. Mr. Ferrari has a Bachelor of Commerce from Carleton University.
Michelle Fang, 46 [Resigned on 1/4/24]
Director
Ms. Fang is currently the Chief Legal Officer and Corporate Secretary of Turo Inc. (“Turo”), the world’s leading peer-to-peer car sharing marketplace. Ms. Fang has worked at Turo since June 2015. While leading the global legal and government relations functions at Turo, Ms. Fang has been involved in a number of large-scale strategic initiatives such as pioneering expansion into Canada and the U.K., international mergers and acquisitions and scaling the legal and government relations function to a 20-person team, up from one. As part of her responsibilities for Turo’s legal portfolio, Ms. Fang oversees corporate governance, product and advertising review, privacy, regulatory compliance, commercial transactions, intellectual property, litigation and the legal aspects of fundraising. Prior to Turo, Ms. Fang held a number of legal leadership positions at eBay Inc. from 2006 to 2015, including General Counsel and Corporate Secretary at Stub Hub, Global Head of Intellectual Property, eBay Inc., and Head of North America Litigation, eBay Inc. Ms. Fang has been recognized as a Top 50 Most Powerful Women in Technology by National Diversity Council (2019), General Counsel of the Year by Association of Corporate Counsel (2019), Attorney of the Year Finalist by American Lawyer Industry Awards (1 of 3 finalists, 2019), and General Counsel of the Year by Corporate Counsel: Women, Influence, & Power Awards (2019). Ms. Fang has a J.D. from the University of California, Berkeley Law School and a B.A. in Communications from University of California at Los Angeles, graduating Summa Cum Laude and as a member of the Phi Beta Kappa society.
Britney Blair, 44
Director
Dr. Blair is the founder and Chief Science Officer of the digital sexual health start-up, Lover, and is also the founder of The Clinic, an independent sexual wellness clinic in the California Bay Area. Dr. Blair is a licensed clinical psychologist and a board certified behavioral sleep medicine specialist in the San Francisco Bay Area. Dr. Blair is also board certified in sexual medicine and provides sex therapy services to individuals and couples. With locations across the state of California, The Clinic is led by Dr. Blair. Dr. Blair has extensive clinical and research expertise in behavioral medicine with specializations in sleep and sexual health. She has made numerous presentations, developed and led workshops, written book chapters and published articles in the area of sleep and sexual medicine. She is a Stanford consultant and is on the adjunct faculty at The Stanford Center for Sleep Sciences and Medicine. Dr. Blair founded Lover as a way to use digital channels, such as telehealth, to provide accessible sexual wellness resources and community building to a greater number of people. Dr. Blair completed her postdoctoral fellowship at Stanford University Medical School and her predoctoral internship at the VA Greater Los Angeles Healthcare System. Dr. Blair received her doctoral degree in Clinical Psychology from the PGSP-Stanford Psy.D. Consortium. She received a B.A. degree in Psychology from the University of California at Berkeley.