EXCELFIN ACQUISITION CORP. Item 5.07 Submission of Matters to a Vote of Security Holders
On
The following is a brief description of the final voting results for each of the proposals submitted to a vote of the stockholders at the Special Meeting.
Extension Amendment Proposal
To consider and vote upon a proposal to amend the Company's amended and restated
certificate of incorporation (the "Articles"), to extend the date by which the
Company has to consummate a business combination for an additional six months
from
The Extension Amendment Proposal was approved. The voting results of the shares of the Common Stock were as follows:
For Against Abstentions
19,241,226 4,805,027 0
The Adjournment Proposal
To consider and vote upon a proposal to direct the chairman of the Special Meeting to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, (i) based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve the Extension Amendment Proposal or (ii) if stockholders have elected to redeem an amount of shares in connection with the Extension Amendment such that the Company would not adhere to the continued listing requirements of the Nasdaq Global Market.
The Adjournment Proposal was not acted upon at the Special Meeting.
Redemptions
In connection with the vote to approve the Extension Amendment Proposal, the holders of 18,211,208 shares of Class A common stock properly exercised their rights to redeem their shares for cash.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit No. Description of Exhibits 104 Cover Page Interactive Data File
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