SAGALIAM ACQUISITION CORP. CONFIRMS FUNDING AND EXTENSION OF DEADLINE TO COMPLETE BUSINESS COMBINATION
SAGALIAM ACQUISITION CORP. CONFIRMS FUNDING AND EXTENSION OF DEADLINE TO COMPLETE BUSINESS COMBINATION
New York, NY, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Sagaliam Acquisition Corp. (NASDAQ: "SAGAU", "SAGA", "SAGAR") ("we", "us", "our", or the "Company") announced today that it was exercising its option to extend the time available to consummate its business combination to March 23, 2023 and on February 23, 2023, our sponsor, Sagaliam Sponsor LLC, has deposited an aggregate of $57,380.22 into Company's trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its business combination from February 23, 2023 to March 23, 2023 (the "Extension"). The Extension is the third of ten one-month extensions permitted under the Company's governing documents.
纽约州纽约，2023 年 2 月 24 日（GLOBE NEWSWIRE）— Sagaliam Acquisition Corp.（纳斯达克股票代码：“SAGAU”、“SAGAR”）（”我们“，”我们“，”我们的“，或者”公司y”）今天宣布，它将行使选择权，将完成业务合并的可用时间延长至2023年3月23日。2023年2月23日，我们的赞助商Sagaliam Sponsor LLC已将总额57,380.22美元的资金存入公司的公共股东信托账户。这笔存款使公司能够将公司完成业务合并的日期从2023年2月23日延长至2023年3月23日（”延期“)。延期是公司管理文件允许的十次延期中的第三次，为期一个月。
About Sagaliam Acquisition Corp.
关于 萨加利亚姆 收购公司
We are a blank check company incorporated under the laws of the State of Delaware on March 31, 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. On November 16, 2022, we entered into a Business Combination Agreement (the "BCA") with Allenby Montefiore Limited, a private company limited by shares organized and existing under the Laws of the Republic of Cyprus, AEC Merger Sub Corp., a Delaware corporation, Supraeon Investments Limited, a private company limited by shares organized and existing under the Laws of the Republic of Cyprus and GLD Partners, LP, a Delaware limited partnership. Completion of the business combination is subject to, among other matters, the satisfaction of the conditions precedent negotiated in the BCA and the approval of the transaction by our stockholders.
我们是一家空白支票公司，于2021年3月31日根据特拉华州法律成立，目的是与一个或多个企业或实体进行合并、资本证券交换、资产收购、股票购买、重组或类似的业务合并。2022 年 11 月 16 日，我们签订了业务合并协议（”BCA“）与根据塞浦路斯共和国法律组建和存在的股份私人有限公司艾伦比·蒙特菲奥雷有限公司、特拉华州的一家公司AEC Merger Sub Corp.、根据塞浦路斯共和国法律组建和存在的私人股份有限公司Supraeon Investments Limited和特拉华州有限合伙企业GLD Partners, LP合作。除其他事项外，业务合并的完成取决于BCA谈判的先决条件的满足以及我们股东对交易的批准。
Non-Solicitation
非招揽行为
This press release is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities shall not constitute an offer to sell or a solicitation of an offer to buy the securities of the Company, nor shall there be any sale of any such 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 such state or jurisdiction. 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.
本新闻稿不是委托书或征求任何证券的代理人、同意或授权，不应构成出售要约或招揽购买公司证券的要约，也不得在根据该州或司法管辖区的证券法进行注册或资格认证之前，在任何州或司法管辖区出售任何此类证券。除非通过符合经修订的1933年《证券法》第10条要求的招股说明书，否则不得发行任何证券。
CONTACT INFORMATION
联系信息
Sagaliam Acquisition Corp.,
Barry Kostiner, Chief Executive Officer
1800 Avenue of the Stars, Suite 1475
Los Angeles, CA 90067
Tel: (213) 616-0011
bkostiner@fintecham.com
Sagaliam 收购公司，
Barry Kostiner，首席执行官
1800 星光大道，1475 号套房
加利福尼亚州洛杉矶 90067
电话：(213) 616-0011
bkostiner@fintecham.com
译文内容由第三方软件翻译。