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 shareholders at the Extraordinary General Meeting.
Extension Amendment Proposal
To consider and vote upon a proposal, by special resolution, to amend the
Company's amended and restated memorandum and articles of association (the
"Articles"), to extend the date by which the Company has to consummate a
business combination for an additional nine months from
The Extension Amendment Proposal was approved. The voting results of the shares of the Ordinary Shares were as follows:
For Against Abstentions 30,996,078 3,376,851 0
Redemption Limitation Amendment Proposal
To consider and vote upon a proposal, by special resolution, to amend the
Company's Articles, to eliminate the limitation that the Company shall not
redeem public shares to the extent that such redemption would cause the
Company's net tangible assets to be less than
The Redemption Limitation Amendment Proposal was approved. The voting results of the shares of the Ordinary Shares were as follows:
For Against Abstentions 30,996,078 3,376,851 0 The Adjournment Proposal
To consider and vote upon a proposal, by ordinary resolution, to direct the chairman of the Extraordinary General Meeting to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal.
The Adjournment Proposal was not acted upon at the Extraordinary General Meeting.
Redemptions
In connection with the vote to approve the Extension Amendment Proposal and the
Redemption Limitation Proposal, the holders of 15,494,333 Class A ordinary
shares properly exercised their rights to redeem their shares for cash at a
redemption price of approximately
--------------------------------------------------------------------------------
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
--------------------------------------------------------------------------------
© Edgar Online, source