Sustainable Living Innovations, Inc. entered into a non-binding letter of intent to acquire Churchill Capital Corp V from Churchill Sponsor V LLC, D.E. Shaw Valence Portfolios, L.L.C. fund managed by D. E. Shaw Investment Management, L.L.C., Magnetar Financial LLC, Millennium Management LLC and others.

Sustainable Living Innovations, Inc. entered into a non-binding letter of intent to acquire Churchill Capital Corp V (NYSE:CCV) from Churchill Sponsor V LLC, D.E. Shaw Valence Portfolios, L.L.C. fund managed by D. E. Shaw Investment Management, L.L.C., Magnetar Financial LLC, Millennium Management LLC and others on December 15, 2022. The board of CCV has approved the transaction. As of March 14, 2023, shareholders of CCV has approved the extension proposal by which CCV has to consummate a business combination (the “Extension”) from March 18, 2023 to December 18, 2023.

MacKenzie Partners, Inc. acted as information agent to Churchill Capital Corp V and received a fee up to $10,000 for service rendered. Mark Zimkind of Continental Stock Transfer & Trust Company acted as transfer agent to Churchill Capital Corp V.