D and Z Media Acquisition Corp. was 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. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although it intends to focus on businesses related to media, education technology, or ed-tech, and other related industries. Intercontinental Exchange (NYSE: ICE) and Navigation Capital Partners, Inc. are members of the Company's sponsor.