Privacy policy
This Privacy Policy explains what we do with your personal data. It describes how we collect, use and process your personal data, and how, in doing so, we comply with our legal obligations. This Privacy Policy applies to the personal data of investors, directors (or, to the extent relevant, employees, officers or similar), agents, service providers, website users, and other people whose personal data we may process.
For the purpose of applicable data protection legislation (including but not limited to the General Data Protection Regulation (Regulation (EU) 2016/679) (the "GDPR"), the company responsible for the personal data you provide to us is American Industrial Acquisition Corp. 250 Park Avenue, New York, NY 10177 ("AIAC", "we", "us" or "our").
It is important to point out that we may amend this Privacy Policy from time to time. Please visit this page if you want to stay up to date, as we will post any changes here. If you are dissatisfied with any aspect of our Privacy Policy, you may have legal rights. We have described these in the document as well where relevant.
How do we collect personal data?
We collect personal data in a number of ways. This will usually be collected by service providers to AIAC, where you provide personal data on request from us. We may also receive personal data when you contact directly by phone, email or by other means.
How do we use personal data?
We, or service providers acting on our behalf, use personal data in the following ways:
to comply with legal and/or regulatory requirements;
to carry out anti-money laundering and "Know Your Customer" checks in accordance with our legal and regulatory obligations;
storing your details (and updating them when necessary)
contacting you by email or telephone or send you literature relating to the Company; and
keeping records of conversations and correspondence.
We may use your personal data for such purposes if we deem this to be necessary for our legitimate interests provided these interests are not overridden by the interests or fundamental rights or freedoms of the individuals concerned.
If you are not happy about this, in certain circumstances you have the right to object and can find out more about how and when to do this in this policy.
We may use your personal data for such purposes if we deem this to be necessary for our legitimate interests provided these interests are not overridden by the interests or fundamental rights or freedoms of the individuals concerned.
If you are not happy about this, in certain circumstances you have the right to object and can find out more about how and when to do this in this policy.
For legal reasons: In some circumstances, we may use your personal data to help us to establish, exercise or defend legal claims.
Service provider data: We will use information about individuals at our service providers in the following ways:
to store (and update when necessary) details, either ourselves or at another service provider, so that we can contact individuals in relation to our agreements with service providers;
to obtain support and services from the service providers; and
We may use personal data from our service providers for such purposes if we deem this to be necessary for our legitimate interests provided these interests are not overridden by the interests or fundamental rights or freedoms of the individuals concerned.
Directors' data: We will use information about our directors in the following ways:
to comply with legal and/or regulatory requirements;
contacting them in relation to their directorships; and
keeping records of conversations and correspondence.
We, or our service providers on our behalf, may provide personal data to our other service providers, provided that the data is used for the purposes described above. We may also share personal data with our group companies, but again, only for the purposes described above.
How do we store and transfer your data internationally?
In order to carry out the activities described in this Privacy Policy, your data may be transferred between and within entities within our corporate group, to third parties (such as regulatory authorities, advisers or other service providers to AIAC (or their group companies)), to a cloud-based storage provider, and to other third parties, as referred to here.
We want to make sure that your data are stored and transferred in a way that is secure. We will therefore only transfer data outside of USA, the European Economic Area ("EEA") (i.e. the Member States of the European Union, together with Norway, Iceland and Liechtenstein) where it is compliant with data protection legislation and the means of transfer provides adequate safeguards in relation to your data, for example:
by way of data transfer agreement, incorporating the current standard contractual clauses adopted by the European Commission for the transfer of personal data by data controllers in the EEA to data controllers and processors in jurisdictions without adequate data protection laws; or
in the case of transfer to the US, the transfer is made to an entity certified under the EU – US Privacy Shield or equivalent; or
transferring your data to a country where there has been a finding of adequacy by the European Commission in respect of that country's levels of data protection via its legislation; or
where it is necessary for the conclusion or performance of a contract between ourselves and a third party and the transfer is in your interests; or
where you have consented to the data transfer.
To ensure that your personal information receives an adequate level of protection, we have put in place appropriate procedures with the third parties we share your personal data with to ensure that your personal information is treated by those third parties in a way that is consistent with and which respects the law on data protection.
How do we keep personal data secure?
We are committed to taking all reasonable and appropriate steps to protect the personal data that we (or third parties on our behalf) hold from misuse, loss, or unauthorized access. We do this by having in place a range of contractual standards (relating to, amongst other matters, appropriate technical and organizational measures) in agreements with our service providers. These include measures to deal with any suspected data breach. If you suspect any misuse or loss of or unauthorized access to your personal data please let us know immediately. Details of how to contact us can be found below.
How long do we keep personal data?
We, or our service providers on our behalf, will ordinarily process your data throughout the course of our interactions and will then generally retain it for an appropriate period afterwards. The precise length of time will depend on the type of data, our legitimate business needs and other legal or regulatory rules that may require us to retain it for certain minimum periods. In other instances, there may be legal, regulatory or risk-management reasons for retaining data, including where certain data might be relevant to any potential litigation (bearing in mind relevant limitation periods).
In determining the appropriate retention period for different types of personal data, we always consider the amount, nature and sensitivity of the personal data in question, the potential risk of harm from unauthorized use or disclosure of that personal data, the purposes for which we need to process it and whether we can achieve those purposes by other means (in addition to ensuring that we comply with our legal, regulatory and risk-management obligations, as described above).
Once we have determined that we no longer need to hold your personal data, we will delete it from our systems.
Your legal rights in respect of your personal data
You have the right to ask for a copy of the personal data which we, or service providers on our behalf, hold about you, subject to certain exceptions. If any of the personal data which we hold about you is incorrect or out of date, please let us know and we will correct it.
You have the right to object to the processing of your personal data if it is being used because we deem it necessary for our legitimate interests. Where we have obtained your consent to process personal data for certain activities, you may withdraw this consent at any time and we will cease to carry out that particular activity unless we consider there to be an alternative reason to justify our continuing to do so, in which case we will inform you of the reason.
From 25 May 2018, you also have the right to erase any personal data we hold about you and/or request that it be transferred to another data controller (again, subject to certain exceptions).
Please note that if you exercise any of the rights listed above, we may no longer have the personal data (e.g. contact details, financial information, etc.) necessary to comply with our obligations to you following such request.
Contacting us
If you would like to exercise any of your rights, or learn more about your rights, please contact the company secretary and administrator: American Industrial Acquisition Corp. 250 Park Avenue, New York, NY 10177, or email: info@aiac.com.
You also have the right to lodge a complaint with a data protection supervisory authority, including in USA or the EU member state of your residence, your place of work or the place of the alleged infringement.
Cookies Policy
When you use AIAC’s website, AIAC uses cookies, which are small pieces of information that allow them to maintain your connection to the website. This website may use cookies for detecting what kind of device you have in order to present content in the best way, for a language switch and/or for other purposes. These cookies do not collect or store any personally identifiable information. You can refuse the use of cookies.
Google Analytics
This website uses Google Analytics, a web analytics service provided by Google, Inc. (‘Google’). Google Analytics uses cookies (text files placed on your computer) to help the website operators analyze how users use the site. The information generated by the cookie about your use of the website (including your IP address) will be transmitted to and stored by Google on servers in the United States. Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google's behalf. Google will not associate your IP address with any other data held by Google. By using this website, you consent to the processing of data about you by Google in the manner and for the purposes set out above.
Data collected
We may automatically process some technical data such as your Internet Protocol (IP) address to identify what companies have interacted with the website. This processing only identifies a company name and will not be used to identify an individual.
How Do We Use Your IP address?
We use your IP address to track traffic flows and to make our websites easier for you to use and to better understand how our websites are used.
Sharing Tools
This website uses sharing tools. Sharing tools allow you to share content through social networks such as Facebook or Twitter. When you use one of these buttons, the social networking site may place a cookie on your computer. This would be a third-party cookie set by the social networking site. If you have any questions about the use of these third-party cookies, you should check the relevant social networking site's cookie policy.
How to Refuse the Use of Cookies
You may refuse the use of cookies by selecting the appropriate settings in your browser. However, if you do this you may lose some useful functionality such as personalization and ‘keep me signed in’ and ‘remember me’ features.