Item 5.07 Submission of Matters to a Vote of Security Holders.
? a special resolution (the "Extension Proposal") to amend the Company's amended
and restated memorandum and articles of association to: (a) extend from August
6, 2022 (the "Original Termination Date') to
Date"), the date by which, if the Company has not consummated a merger,
amalgamation, share exchange, asset acquisition, share purchase, reorganisation
or similar business combination involving one or more businesses or entities,
the Company must: (i) cease all operations except for the purpose of winding
up; (ii) as promptly as reasonably possible but not more than ten business days
thereafter, redeem the shares sold in the Company's initial public offering;
and (iii) as promptly as reasonably possible following such redemption
liquidate and dissolve, subject in each case to its obligations under Cayman
Islands law to provide for claims of creditors and in all cases subject to the
other requirements of applicable law, and (b) allow the Company, without
another shareholder vote, to elect to extend the date to consummate a business
combination on a monthly basis for up to three times by an additional one month
each time after the Extended Date, upon five days' advance notice prior to the
applicable deadlines, until
after the Original Termination Date, unless the closing of the Company's
initial business combination shall have occurred.
? a proposal (the "Adjournment Proposal") by ordinary resolution to approve the
adjournment of the General Meeting by the chairman thereof to a later date, if
necessary, under certain circumstances, to solicit additional proxies for the
purpose of approving the Extension Proposal, to amend the Extension Proposal,
or to allow reasonable additional time for the filing or mailing of any
supplemental or amended disclosure that the Company has determined in good
faith after consultation with outside legal counsel is required under
applicable law and for such supplemental or amended disclosure to be
disseminated and reviewed by the Company's shareholders prior to the General
Meeting; provided that the General Meeting is reconvened as promptly as
practical thereafter. The Adjournment Proposal would be presented at the
General Meeting if there were not sufficient votes to approve the Extension
Proposal.
For more information on these proposals, please refer to the Company's proxy
statement dated
Shareholders voted to approve the Extension Proposal. The proposal received the following final voting results:
For Against Abstain 15,084,246 1,365,812 0
The Adjournment Proposal was not presented to the shareholders because (as disclosed in the Proxy Statement) there were sufficient votes to approve the Extension Proposal.
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