Anzu Special Acquisition Corp I Announces Adjournment of Special Meeting of Stockholders and Entry into Excise Tax Insurance Agreement
21 Febbraio 2023 - 10:15PM
Business Wire
Anzu Special Acquisition Corp I (the “Company”) (NASDAQ: “ANZU,”
“ANZUU” and “ANZUWS”), announced today that it reconvened and then
adjourned, without conducting any other business, the Company’s
previously adjourned special meeting of stockholders (the “Special
Meeting”) held on February 21, 2023. The Special Meeting has been
adjourned until 9:30 a.m., Eastern time, on February 28, 2023 (the
“Adjourned Special Meeting”).
The Company also announced today that it has signed an agreement
with a rated insurance agency to cover any federal excise tax
liability imposed under the Inflation Reduction Act of 2022 in
connection with redemptions of the Company’s shares only in the
event of a liquidation of the Company in calendar year 2023 (the
“Insurance Agreement”). The effectiveness of the Insurance
Agreement is conditioned upon the approval of the Extension
Amendment Proposal (as defined below). For additional information,
see the amendment and supplement to the Company’s proxy statement,
which was filed by the Company with the Securities and Exchange
Commission (the “SEC”) on February 21, 2023.
The Adjourned Special Meeting will be held virtually via live
webcast at https://web.lumiagm.com/274911563. The record date
remains the close of business, Eastern Time, on January 17,
2023.
At the Adjourned Special Meeting, stockholders will be asked to
vote on a proposal to amend the Company’s amended and restated
certificate of incorporation to extend the date by which the
Company must consummate an initial business combination from March
4, 2023 to September 30, 2023 or such earlier date as determined by
the Company’s board of directors (the “Extension Amendment
Proposal”). The Extension Amendment Proposal is described in detail
in the Company’s proxy statement related to the Special Meeting
(the “Extension Proxy Statement”), which was filed with the SEC on
January 20, 2023.
Stockholders may withdraw redemptions with the Company’s consent
at any time until the vote is taken with respect to the Extension
Amendment Proposal. Stockholders may request to reverse their
redemption by contacting the Company’s transfer agent, American
Stock Transfer & Trust Company, at 48 Wall Street, 22nd Floor,
New York, New York 10005, Attn: Felix Orihuela (e-mail:
spacsupport@astfinancial.com).
Stockholders who have already voted and do not wish to change
their vote do not need to vote again. If you have any questions or
need any assistance voting, please contact the Company’s proxy
solicitor Morrow Sodali LLC by email at
Anzu.info@investor.morrowsodali.com or phone at (800) 662-5200.
About Anzu Special Acquisition Corp I
The Company is a blank check company formed for the purpose of
effecting a merger, share exchange, asset acquisition, stock
purchase, reorganization or similar business combination with one
or more businesses. The Company intends to focus on high-quality
businesses with transformative technologies for industrial
applications.
Additional information on Anzu Special Acquisition Corp I is
available at https://anzuspac.com/.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-Looking
statements may be identified by the use of words such as
“estimate,” “plan,” “project,” “forecast,” “intend,” “will,”
“expect,” “anticipate,” “believe,” “seek,” “target” or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters, but the
absence of these words does not mean that a statement is not
forward-looking. Such statements may include, but are not limited
to, statements regarding the anticipated timing of the Adjourned
Special Meeting and the Company’s initial business combination and
the Company’s potential excise tax liability. The forward-looking
statements contained in this press release reflect the Company’s
current views about future events and are subject to numerous known
and unknown risks, uncertainties, assumptions and changes in
circumstances that may cause its actual results to differ
significantly from those expressed in any forward-looking
statement. The Company does not guarantee that the transactions and
events described will happen as described (or that they will happen
at all). These forward-looking statements are subject to a number
of risks and uncertainties, including, but not limited to, changes
in domestic and foreign business, market, financial, political, and
legal conditions; the failure of the Company to obtain the
requisite approvals for the Extension Amendment Proposal; the
amount of redemptions by the Company’s public stockholders in
connection with the Adjourned Special Meeting and an initial
business combination; the inability of the parties to enter into a
definitive agreement relating to an initial business combination on
the timeline discussed or at all; the inability of the parties to
successfully or timely consummate an initial business combination,
including the risk that any required regulatory approvals are not
obtained, are delayed or are subject to unanticipated conditions
that could adversely affect the combined company or the expected
benefits of an initial business combination or that the approval of
stockholders is not obtained; failure to realize the anticipated
benefits of an initial business combination; and other risks and
uncertainties set forth in the section entitled “Risk Factors” in
the Extension Proxy Statement, in the Company’s Annual Report on
Form 10-K for the year ended December 31, 2021, as filed with the
SEC on March 31, 2022 and in other reports the Company files with
the SEC. If any of these risks materialize or the Company’s
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. While
forward-looking statements reflect the Company’s good faith
beliefs, they are not guarantees of future performance. The Company
disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, new information, data or methods, future
events or other changes after the date of this press release,
except as required by applicable law. You should not place undue
reliance on any forward-looking statements, which are based only on
information currently available to the Company.
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version on businesswire.com: https://www.businesswire.com/news/home/20230221005867/en/
Kalyn Kolek, kos@anzupartners.com
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