Breeze Holdings Acquisition Corp. Announces Preliminary Vote Tabulations For Upcoming Special Meeting And Provides Update On Business Combination Timeline
Breeze Holdings Acquisition Corp. Announces Preliminary Vote Tabulations For Upcoming Special Meeting And Provides Update On Business Combination Timeline
Breeze Holdings Acquisition Corp. (NASDAQ:BREZ) (the "Company"), today announced that in connection with its upcoming Special Meeting of Stockholders, the Company has already received proxies representing approximately 75.8% of the Company's total outstanding shares to approve the proposal to extend the date by which the Company must consummate a business combination until as late as June 26, 2024 (the "Proposal"). This is well in excess of the percentage of votes required to approve the Proposal. However, please note that all proxies received by the Company may be revoked at any time before they are exercised at the Special Meeting, which is scheduled to be held on September 22, 2023, at 10:00 a.m. Eastern Time.
微風控股收購有限公司(納斯達克股票代碼：BREZ)(以下簡稱“本公司”)今天宣佈，就即將舉行的股東特別大會而言，本公司已收到相當於本公司總流通股約75.8%的委託書，要求批准將本公司完成業務合併的日期延長至最遲2024年6月26日的建議(下稱“本建議”)。這遠遠超過了批准該提案所需的票數百分比。然而，請注意，本公司收到的所有委託書在計劃於2023年9月22日上午10：00舉行的特別會議上行使之前，可能會隨時被撤銷。東部時間。
The purpose of the Proposal is to allow the Company additional time to complete its initial business combination. As previously announced on November 1, 2022, the Company entered into a merger agreement and plan of reorganization (the "Merger Agreement") with TV Ammo, Inc., an advanced technology and composite manufacturing company based in Garland, Texas ("TV Ammo"), pursuant to which a newly-formed wholly-owned subsidiary of the Company will merge with and into TV Ammo, with TV Ammo surviving as a wholly-owned subsidiary of the Company. Upon closing of the transaction, the Company will be renamed "True Velocity, Inc." and its common stock is expected to trade on the Nasdaq Capital Market.
這項建議的目的是讓公司有更多的時間來完成其初步業務合併。如先前於2022年11月1日所公佈，本公司與總部位於得克薩斯州加蘭市的先進技術及複合材料製造公司TV Ammo，Inc.(“TV Ammo”)訂立合併協定及重組計劃(“合併協定”)，據此，本公司新成立的全資附屬公司將與TV Ammo合併並併入TV Ammo，TV Ammo將作為本公司的全資附屬公司繼續存在。交易完成後，公司將更名為“True Velocity，Inc.”。其普通股預計將在納斯達克資本市場交易。
In connection with the proposed transaction, the Company intends to file with the U.S. Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 that will include a proxy statement of the Company and that also will constitute a prospectus of True Velocity, Inc. with respect to the shares of True Velocity, Inc. common stock to be issued in the proposed transaction (the "Proxy Statement/Prospectus"). This document is not a substitute for the Proxy Statement/Prospectus. The definitive Proxy Statement/Prospectus (if and when available) will be delivered to the Company's and TV Ammo's stockholders. The Company may also file other relevant documents regarding the proposed transaction with the SEC.
關於這項擬議的交易，公司打算向美國證券交易委員會(以下簡稱“美國證券交易委員會”)提交一份S-4表格的註冊說明書，其中將包括一份公司的委託書，這份說明書還將構成True Velocity公司將在擬進行的交易中發行的True Velocity公司普通股的招股說明書(“委託書/招股說明書”)。本文件不能替代委託書/招股說明書。最終的委託書/招股說明書(如果有的話)將發送給該公司和TV Ammo的股東。該公司還可能向美國證券交易委員會提交與擬議交易有關的其他相關檔案。
The Company had previously expected the transaction to close in the fourth quarter of 2023. TV Ammo is continuing to prepare financial statements in accordance with the auditing standards of the Public Company Accounting Oversight Board, which process is ongoing and has taken more time than was previously expected. As a result, the Company now anticipates filing the Proxy Statement/Prospectus in the third quarter of 2023 and now expects the transaction to close in the first quarter of 2024, subject to the satisfaction of customary closing conditions, including certain regulatory and shareholder approvals.
該公司此前預計交易將於2023年第四季度完成。TV Ammo正在繼續按照上市公司會計監督委員會的審計標準編制財務報表，這一過程正在進行中，花費的時間比以前預期的要長。因此，該公司現在預計在2023年第三季度提交委託書/招股說明書，並預計交易將在2024年第一季度完成，條件是滿足慣例的完成條件，包括某些監管機構和股東的批准。