Altitude Acquisition Corp. Announces Intent to Adjourn Special Meeting to Approve Extension Proposal
03 Giugno 2022 - 12:00PM
Altitude Acquisition Corp. (“ALTUU”)(Nasdaq: ALTUU, ALTU, ALTUW),
announced today that it intends to adjourn, without conducting any
business, the special meeting of its stockholders to be held with
respect to the extension of the time ALTUU has to consummate an
initial business combination (the “Extension Meeting”), which is
scheduled to occur at 12:00 p.m., Eastern time, on June 7, 2022,
and reconvene at 10:30 a.m., Eastern time, on June 10, 2022, in
order to solicit additional proxies for the Extension Meeting. The
Extension Meeting will still be held virtually at
http://www.cstproxy.com/altitudeac/2022.
In connection with the adjournment of the
Extension Meeting, ALTUU is extending the deadline for holders of
its Class A common stock to exercise their right to redeem their
shares for their pro rata portion of the funds available in ALTUU’s
trust account, or to withdraw any previously delivered demand for
redemption, to 5:00 p.m., Eastern time, on June 9, 2022 (one
business day before the Extension Meeting).
Stockholders of record as of May 2, 2022 are
entitled to vote at the Extension Meeting. Stockholders who have
not yet done so are encouraged to vote as soon as possible. If any
such stockholders have questions or need assistance in connection
with the Extension Meeting, please contact ALTUU’s proxy solicitor,
Morrow Sodali LLC, by calling (800) 662-5200, or banks and brokers
can call collect at (203) 658-9400, or by emailing
ALTU.info@investor.morrowsodali.com.
About Altitude Acquisition
Corp.
Altitude Acquisition Corp. (Nasdaq: ALTUU, ALTU,
ALTUW) is blank check company newly incorporated as a Delaware
corporation 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. Altitude has focused its efforts on identifying a
prospective target business with travel, travel technology and
travel-related businesses with either business-to-business (“B2B”)
or business-to-consumer (“B2C”) focuses, that have compelling
growth opportunities with strong underlying demand drivers which
include travel-related platforms including, but not limited to,
travel booking engines; revenue, payment and expense management
services; travel management companies; alternative accommodation
and mobile-based travel solutions.
Additional Information and Where to Find
It
ALTUU has filed a definitive proxy statement
(the “Extension Proxy Statement”) to be used at the Extension
Meeting to approve an extension of time in which ALTUU must
complete an initial business combination or liquidate the trust
account that holds the proceeds of ALTUU’s initial public offering
(the “Extension”). ALTUU has mailed the Extension Proxy Statement
to its stockholders of record as of May 2, 2022 in connection with
the Extension. Investors and security holders of ALTUU are advised
to read the Extension Proxy Statement and any amendments thereto,
because these documents will contain important information about
the Extension and ALTUU. Stockholders will also be able to obtain
copies of the Extension Proxy Statement, without charge, at the
SEC's website at www.sec.gov or by directing a request to: Altitude
Acquisition Corp., 400 Perimeter Center Terrace Suite 151, Atlanta,
GA 30346.
Participants in the
Solicitation
ALTUU and its directors and executive officers
may be considered participants in the solicitation of proxies with
respect to the Extension under the rules of the SEC. Information
about the directors and executive officers of ALTUU and a
description of their interests in ALTUU and the Extension are set
forth in ALTUU’s Annual Report on Form 10-K for the year ended
December 31, 2021, which was filed with the SEC on Mach 29, 2022
(the “Annual Report”) and the definitive Extension Proxy Statement,
which was filed with the SEC on May 10, 2022. These documents can
be obtained free of charge from the sources indicated above.
Forward-Looking Statements
Certain statements made in this release are
“forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. When used in this release, the words
“estimates,” “projected,” “expects,” “anticipates,” “forecasts,”
“plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,”
“future,” “propose” and variations of these words or similar
expressions (or the negative versions of such words or expressions)
are intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside ALTUU’s control, that could
cause actual results or outcomes to differ materially from those
discussed in the forward-looking statements. Important factors,
among others, that may affect actual results or outcomes include:
the risk that approval of ALTUU’s stockholders for the Extension is
not obtained; the inability of ALTUU to enter into a definitive
agreement with respect to an initial business combination within
the time provided in ALTUU’s amended and restated certificate of
incorporation; the level of redemptions made by ALTUU’s
stockholders in connection with the Extension and its impact on the
amount of funds available in ALTUU’s trust account to complete an
initial business combination; and those factors discussed in the
Annual Report under the heading “Risk Factors,” and other documents
of ALTUU filed, or to be filed, with the SEC. ALTUU does not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
Contact Cody SlachGatewayALTU@gatewayir.com
949-574-3860
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