BEIJING, Aug. 19,
2022 /PRNewswire/ -- Ucommune International Ltd
(NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office
space manager and provider in China, today announced that at the
extraordinary general meeting of the Company (the "Initial
Meeting") held at 10 A.M. on
August 19, 2022, Beijing time (10
P.M. on August 18, 2022, U.S.
Eastern time), its shareholders approved the adjournment of the
Initial Meeting to 10 A.M. on
August 24, 2022, Beijing time (10
P.M. on August 23, 2022, U.S.
Eastern time) ("Adjourned Meeting"), to be held in the same
office at Floor 8, No.2 Guanghua Road, Chaoyang District,
Beijing, China. The purpose of the
Initial Meeting and the Adjourned Meeting is the same and is to
amend the Company's Amended and Restated Memorandum and Articles of
Association currently in effect (the "Current M&A") to change
the voting power of the Class B ordinary shares, par value of
US$0.002 each, of the Company (the
"Class B Ordinary Shares") from fifteen (15) votes for each Class B
Ordinary Share to thirty-five (35) votes for each Class B Ordinary
Share. Pursuant to the Current M&A, the Company obtained the
ordinary resolutions of the holders of Class B Ordinary Shares to
approve the proposed variation of rights of Class B Ordinary Shares
set forth in the notice of the Meeting on August 2, 2022. The Company has established the
close of business on August 2, 2022, Eastern
time (the "Record Date"), as the record date for determining
shareholders entitled to notice of, and to vote at, the Meeting and
any adjournments or postponements thereof.
Dial-in details: https://meeting.tencent.com/dm/ilrnykQyOJ5T
Copies of the notice of the Meeting and the form of proxy are
available on the Company's corporate investor relations website at
https://ir.ucommune.com.
About Ucommune International Ltd
Ucommune is China's leading
agile office space manager and provider. Founded in 2015, Ucommune
has created a large-scale intelligent agile office ecosystem
covering economically vibrant regions throughout China to
empower its members with flexible and cost-efficient office space
solutions. Ucommune's various offline agile office space services
include self-operated models, such as U Space, U Studio, and U
Design, as well as asset-light models, such as U Brand and U
Partner. By utilizing its expertise in the real estate and retail
industries, Ucommune operates its agile office spaces with high
efficiency and engages in the urban transformation of older and
under-utilized buildings to redefine commercial real estate
in China.
Safe Harbor Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended. These forward-looking statements are made under the
"safe harbor" provisions of the U.S. Private Securities Litigation
Reform Act of 1995. These statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "potential,"
"continue," "ongoing," "targets," "guidance" and similar
statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the "SEC"), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Any statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: the Company's growth strategies; its
future business development, results of operations and financial
condition; its ability to understand members' needs and provide
products and services to attract and retain members; its ability to
maintain and enhance the recognition and reputation of its brand;
its ability to maintain and improve quality control policies and
measures; its ability to establish and maintain relationships with
members and business partners; trends and competition
in China's agile office space market; changes in its
revenues and certain cost or expense items; the expected growth
of China's agile office space market; PRC governmental
policies and regulations relating to the Company's business and
industry, and general economic and business conditions
in China and globally and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks, uncertainties or factors is included in the
Company's filings with the SEC. All information provided in this
press release and in the attachments is as of the date of this
press release, and the Company undertakes no obligation to update
any forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
Ucommune International Ltd
ir@ucommune.com
ICR, LLC
Robin Yang
ucommune@icrinc.com
+1 (212) 537-3847
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SOURCE Ucommune International Ltd
