ShoulderUp Technology Acquisition Corp. announced that On December 1, 2023, Grace Vandecruze resigned as Chief Financial Officer of the company, effective immediately. On December 1, 2023, the Company?s board of directors appointed Rashaun Williams to serve as Chief Financial Officer of the Company, effective immediately.

In this capacity, Mr. Williams will serve as the Company?s principal financial and accounting officer. Rashaun Williams is a venture capitalist, family office investor and adjunct professor with over 150 investments under his belt and over 40 exits. Mr. Williams is currently a general partner in the MVP All-Star Fund, a late stage tech fund; a private equity investor out of his family office Value Investment Group and adjunct professor at Morehouse College.

He co-founded venture capital fund Queensbridge Venture Partners where he was an early investor in companies like Robinhood, Coinbase, Casper, Ring, PillPack, Lyft & Dropbox. Over the last twenty years he has been primarily responsible for bringing capital to emerging, diverse and alternative markets while working at Wall Street firms such as Goldman Sachs, Wachovia Securities & Deutsche Bank. In 2007 he founded Dixsville Partners, a private equity fund investing in infrastructure development and mineral companies in West Africa.

Mr. Williams has successfully started, invested in and exited several companies. With a passion for financial literacy and entrepreneurship Mr. Williams founded the Kemet Institute in 2001, a non-profit focused on providing free financial literacy, entrepreneurship and life skills classes to under-served communities and schools. In 2015 he was appointed to the Board of Trustees for Fisk University.

He is a member of Kappa Alpha Psi Inc. and summa cum laude graduate of Morehouse College.