Item 5.07 Submission of Matters to a Vote of Security Holders.
On
(a) a proposal to amend the Company's amended and restated memorandum and
articles of association (the "Charter Amendment") to extend the date by which
the Company has to consummate an initial business combination from
(b) a proposal to approve the adjournment of the Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Amendment Proposal (the "Adjournment Proposal").
The number of votes cast for or against, as well as the number of abstentions as to the Extension Amendment Proposal, are set forth below.
For Against Abstain 20,886,070 1,893,194 100
Accordingly, the Extension Amendment Proposal was approved.
As there were sufficient votes at the time of the Meeting to approve the above proposal, the Adjournment Proposal, which had been previously voted on by proxy, was not presented to stockholders at the Meeting.
Shareholders holding 15,467,687 shares of the Company's ordinary shares
exercised their right to redeem such shares for a pro rata portion of the funds
in the Company's trust account ("Trust Account") if the Extension is
implemented. As a result, if the Extension is implemented,
Item 8.01 Other Events
As previously disclosed, the Company has entered into an asset purchase
agreement (the "Transfer Agreement") with
If there is no closing of the Transaction, the Company will not implement the Extension and will liquidate according to its amended and restated memorandum and articles of association.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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