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.
Breeze Holdings Acquisition Corp.（納斯達克股票代碼：BREZ）（以下簡稱 “公司”）今天宣佈，在即將舉行的股東特別會議上，公司已經收到了佔公司已發行股份總額約75.8％的代理人，以批准將公司必須完成業務合併的日期延長至2024年6月26日的提案（“提案”）。這遠遠超過批准該提案所需的選票百分比。但是，請注意，在定於美國東部時間2023年9月22日上午10點舉行的特別會議上，公司收到的所有代理人可以在行使之前隨時被撤銷。
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.
該提案的目的是讓公司有更多時間完成其初始業務合併。正如先前於2022年11月1日宣佈的那樣，公司與總部位於德克薩斯州加蘭的先進技術和複合材料製造公司TV Ammo, Inc.（“TV Ammo”）簽訂了合併協議和重組計劃（“合併協議”），根據該協議，該公司新成立的全資子公司將與TV Ammo合併併入TV Ammo，TV Ammo作爲該公司的全資子公司存續。交易完成後，該公司將更名爲 “True Velocity, Inc.”，其普通股預計將在納斯達克資本市場上市。
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.
關於擬議的交易，公司打算在S-4表格上向美國證券交易委員會（“SEC”）提交一份註冊聲明，其中包括公司的委託書，該聲明還將構成True Velocity, Inc.關於將在擬議交易中發行的True Velocity, Inc.普通股的招股說明書（“委託書/招股說明書”）。本文件不能代替委託書/招股說明書。最終的委託書/招股說明書（如果有的話）將交付給公司和TV Ammo的股東。公司還可能向美國證券交易委員會提交有關擬議交易的其他相關文件。
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.
該公司此前曾預計該交易將於2023年第四季度完成。TV Ammo繼續根據上市公司會計監督委員會的審計準則編制財務報表，該過程仍在進行中，花費的時間比先前的預期要長。因此，該公司現在預計將在2023年第三季度提交委託書/招股說明書，現在預計該交易將在2024年第一季度完成，前提是滿足慣例成交條件，包括某些監管部門和股東的批准。
譯文內容由第三人軟體翻譯。