Sungy Mobile Announces Extraordinary General Meeting of Shareholders
16 Novembre 2015 - 1:00PM
Sungy Mobile Limited (NASDAQ:GOMO) ("Sungy Mobile" or the
"Company"), a leading provider of mobile internet products and
services globally with a focus on applications and mobile platform
development, today announced that, at an extraordinary general
meeting held today, the Company's shareholders voted in favor of
the proposal to authorize and approve the previously announced
agreement and plan of merger dated June 8, 2015 (the "Merger
Agreement"), among the Company, Sunflower Parent Limited ("Parent")
and Sunflower Merger Sub Limited ("Merger Sub"), pursuant to which,
Merger Sub will be merged with and into the Company with the
Company continuing as the surviving company and becoming a wholly
owned subsidiary of Parent (the "Merger"), and the plan of merger
required to be filed with the Registrar of Companies of the Cayman
Islands (the "Plan of Merger") and the transactions contemplated
thereby, including the Merger.
Approximately 99.8% of the total votes voted in person or by
proxy at today's meeting were in favor of the proposal to authorize
and approve the Merger Agreement, the Plan of Merger and the
transactions contemplated thereby, including the Merger.
Completion of the Merger is subject to the satisfaction or
waiver of the conditions set forth in the Merger Agreement. The
Company will work with various other parties to the Merger
Agreement to satisfy all other conditions precedent to the Merger
set forth in the Merger Agreement and complete the Merger as
quickly as possible. If and when completed, the Merger would result
in the Company becoming a privately held company and its American
depositary shares, each representing six Class A ordinary shares of
the Company, would no longer be listed on the NASDAQ Global Select
Market.
About Sungy Mobile Limited
(http://www.gomo.com)
Sungy Mobile Limited (Nasdaq:GOMO) is a leading provider of
mobile internet products and services globally with a focus on
applications and mobile platform development. Sungy Mobile's
platform product, GO Launcher EX, manages apps, widgets and
functions on Android smartphones and serves as users' first entry
point to their phones; it is the mobile access point from which
many Android users are able to find new and innovative ways to
customize their experience, download apps and interact with their
mobile devices every day.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements, including management quotes and business outlook,
constitute forward-looking statements under the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates" and similar statements. Such statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking
statements. Sungy Mobile does not undertake any obligation to
update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
CONTACT: For further information, please contact
ICR, Inc.
Vera Tang
Tel: +1-646-417-5388
Email: IR@gomo.com
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