Maritime Launch (MLS) is a commercial aerospace company based in
The parties are continuing to negotiate the transaction terms and there can be no assurance that binding definitive agreements will be reached. Any transaction would be subject to, among other things, Ceres board and regulatory approvals, and Ceres’ shareholders would be entitled to a redemption right.
Ceres has previously called a special meeting of its shareholders to approve an extension of the time for Ceres to complete a qualifying transaction until
About Ceres Acquisition Corp.
Ceres is a special purpose acquisition corporation incorporated under the laws of the Province of
Forward-Looking Statements
This press release may contain forward‐looking information within the meaning of applicable securities legislation and includes statements which reflect Ceres’ current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Ceres’ control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the risk that a qualifying transaction may not be completed by Ceres' qualifying transaction deadline and the potential failure to obtain Class A Restricted Voting Shareholder approval for the Proposed Extension, the failure to satisfy the conditions to the consummation of any proposed qualifying transaction, the impact of the COVID-19 pandemic and the factors discussed under “Risk Factors” in the Corporation’s final prospectus dated
FOR FURTHER INFORMATION PLEASE CONTACT:
Chairman, Chief Executive Officer and Director
Chief Executive Officer,
(424) 226-7864 or info@ceresgh.com
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