Item 5.07 Submission of Matters to a Vote of Security Holders
On
The shareholders approved the Business Combination Proposal, the Domestication Proposal, the Governing Documents Proposals, the NYSE Proposal, the Incentive Equity Plan Proposal and the Employee Stock Purchase Plan Proposal (each as defined in the Proxy Statement).
The voting results for each proposal were as follows:
The Business Combination Proposal
For Against Abstain 16,294,353 370 426 The Domestication Proposal For Against Abstain 16,294,300 380 469
Governing Documents Proposal A
For Against Abstain 14,792,525 1,494,858 7,766
Governing Documents Proposal B
For Against Abstain 14,969,053 1,320,249 5,847
Governing Documents Proposal C
For Against Abstain 13,606,356 2,681,661 7,132
Governing Documents Proposal D
For Against Abstain 13,967,724 2,319,920 7,505
Governing Documents Proposal E
For Against Abstain 13,739,238 2,549,686 6,225
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Governing Documents Proposal F
For Against Abstain 16,276,341 7,698 11,110 The NYSE Proposal For Against Abstain 14,790,696 1,498,648 5,532
The Incentive Equity Plan Proposal
For Against Abstain 11,982,580 4,308,598 8,235
The Employee Stock Purchase Plan Proposal
For Against Abstain 12,982,580 3,303,094 9,475
As there were sufficient votes to approve the above proposals, the "Adjournment Proposal" described in the Proxy Statement was not presented to shareholders.
Based on the results of the General Meeting, and subject to the satisfaction or
waiver of certain other closing conditions as described in the Proxy Statement,
the transactions (the "Transactions") contemplated by that certain Agreement and
Plan of Merger, dated as of
Additional Information
OAC has filed with the
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Participants in the Solicitation
OAC and its directors and executive officers may be deemed participants in the
solicitation of proxies from OAC's shareholders with respect to the Business
Combination. A list of the names of those directors and executive officers and a
description of their interests in OAC is contained in the definitive proxy
statement, which was filed with the
Hims and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of OAC in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination is included in the definitive proxy statement for the Business Combination.
Forward Looking Statements
Certain statements in this Current Report on Form 8-K may be considered forward-looking statements. Forward-looking statements generally relate to future events or OAC's or Hims' future financial or operating performance. For example, statements about the expected timing of the completion of the Business Combination, the benefits of the Business Combination, the competitive environment, and the expected future performance (including future revenue, pro format enterprise value, and cash balance) and market opportunities of Hims are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by OAC and its management, and Hims and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (2) the outcome of any legal proceedings that may be instituted against OAC, Hims, the combined company or others following the announcement of the Business Combination; (3) the inability to satisfy conditions to closing; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (5) the ability to meet stock exchange listing standards at or following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of Hims as a result
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of the announcement and consummation of the Business Combination; (7) the
ability to recognize the anticipated benefits of the Business Combination, which
may be affected by, among other things, competition, the ability of the combined
company to grow and manage growth profitably, maintain relationships with
customers and suppliers and retain its management and key employees; (8) costs
related to the Business Combination; (9) changes in applicable laws or
regulations; (10) the possibility that Hims or the combined company may be
adversely affected by other economic, business, and/or competitive factors;
(11) the limited operating history of Hims; (12) the Hims business is subject to
significant governmental regulation; (13) the Hims business may not successfully
expand into other markets, including womens' health and (14) other risks and
uncertainties set forth in the section entitled "Risk Factors" and "Cautionary
Note Regarding Forward-Looking Statements" in OAC's Registration Statement on
Form S-4 filed by OAC with the
Nothing in this Current Report on Form 8-K should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither OAC nor Hims undertakes any duty to update these forward-looking statements.
Disclaimer
This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
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