Welsbach Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline; Working Capital Loan From Sponsor
Welsbach Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline; Working Capital Loan From Sponsor
FOR IMMEDIATE RELEASE
立即釋放
New York, NY, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a "Business Combination"), announced today that it has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company's amended and restated certificate of incorporation, to and including August 30, 2023.
紐約，NY，2023年8月1日(Global Newswire)--Welsbach Technology Metals Acquisition Corp.(The公司)，為與一個或多個企業(A)進行合併、股份交換、資產收購、股份購買、重組或類似業務合併而成立的空白支票公司業務合併“)，今天宣佈，已批准根據公司經修訂和重述的公司註冊證書G條的規定，將完成企業合併的期限延長至2023年8月30日(包括該日)。
In connection therewith, the Company has also approved the issuance and sale, to Welsbach Acquisition Holdings LLC (the "Sponsor"), of a non-interest bearing, unsecured promissory note equal to $125,000 (the "Proceeds") that will not be repaid in the event that the Company is unable to close a business combination unless there are funds available outside the trust account to do so. Such note would either be paid upon consummation of the initial business combination out of the proceeds of the Trust Account released to the Company or, at the Sponsor's discretion, converted, in full or in part, upon consummation of our business combination into additional private units at a price of $10.00 per unit. The Company confirms that such Proceeds were placed on deposit in the Company's Trust Account. As such, in accordance with Article G of the Company's amended and restated certificate of incorporation, the Company's time period to consummate a Business Combination has been extended to and including August 30, 2023.
就此，本公司亦已批准向Welsbach Acquisition Holdings LLC(The“The”)發行及出售。贊助商“)，面額為125,000美元的無息無擔保本票(”收益“)在公司無法結束業務合併的情況下，除非信託賬戶外有資金可供償還，否則不會償還。此類票據將在初始業務合併完成時支付，從向本公司發放的信託賬戶的收益中支付，或由保薦人酌情在完成業務合併後全部或部分轉換為額外的私人單位，每單位價格為10.00美元。該公司確認，這些收益已存入公司的信託賬戶。因此，根據本公司經修訂及重述的公司註冊證書G條，本公司完成企業合併的期限已延展至幷包括2023年8月30日。
In addition, the Sponsor has made an initial working capital loan to the Company, in the amount of $84,000 concurrently with the deposit of the Proceeds. In connection with the extension process, the Company's independent directors were informed that certain amounts of restricted cash had been used to make payments to certain vendors for services provided to the Company. The proceeds of the working capital loan are sufficient to replenish the Company's restricted cash level as of the date hereof.
此外，贊助商還向本公司提供了一筆初步周轉資金貸款，金額為84,000美元，同時存入收益。關於延期程式，本公司獨立董事獲悉，若干數額的限制性現金已被用來向某些供應商支付向本公司提供的服務的款項。營運資金貸款所得款項足以補充本公司截至本協定日期的受限現金水準。
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
本新聞稿不應構成出售要約或徵求購買要約，也不應在任何州或司法管轄區出售這些證券，在這些州或司法管轄區，根據任何州或司法管轄區的證券法，在註冊或獲得資格之前，此類要約、徵求或出售將是非法的。
Cautionary Statement Concerning Forward-Looking Statements
關於前瞻性陳述的警告性聲明
This press release contains statements that constitute "forward-looking statements," including with respect to the potential conversion of the promissory note by the Sponsor into additional private placement units. No assurance can be given that the transactions discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company.
本新聞稿包含構成“前瞻性陳述”的陳述，包括保薦人可能將期票轉換為額外的私人配售單位的陳述。不能保證上述討論的交易將按所述條款完成，或者根本不能。前瞻性陳述受許多條件的制約，其中許多條件不在公司的控制範圍之內。
Investor Contact:
投資者聯繫方式：
Christopher Clower, Welsbach Technology Metals Acquisition Corp.
chris@welsbach.sg
克裡斯托弗·考爾，Welsbach Technology Metals Acquisition Corp.
郵箱：chris@Welsbach.sg
譯文內容由第三人軟體翻譯。