Proxy

Baudax Bio Announces Distribution of Series B Preferred Stock to Holders of its Common Stock

Retrieved on: 
Monday, September 19, 2022

The shares of SeriesB Preferred Stock will be distributed to such recipients at 5:00p.m.

Key Points: 
  • The shares of SeriesB Preferred Stock will be distributed to such recipients at 5:00p.m.
  • Subject to certain limitations, each outstanding share of SeriesB Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth of a share of SeriesB Preferred Stock).
  • The SeriesB Preferred Stock will be uncertificated, and no shares of SeriesB Preferred Stock will be transferable by any holder thereof except in connection with a transfer by such holder of any shares of the Companys common stock held by such holder.
  • These forward-looking statements are based on information currently available to Baudax Bio, and Baudax Bio assumes no obligation to update any forward-looking statements except as required by applicable law.

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Steel Connect Stockholders Vote “FOR” All Proposals Regarding Merger with Steel Partners

Retrieved on: 
Monday, September 19, 2022

Steel Connect, Inc. (NASDAQ: STCN) (the Company or Steel Connect) announced today that leading independent proxy advisory firms Institutional Shareholder Services, Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recommended that the Companys stockholders vote FOR all proposals to be considered and voted on at the Companys Annual Meeting of Stockholders (the Annual Meeting) in connection with the previously announced merger with Steel Partners Holdings L.P. (NYSE: SPLP) (Steel Partners).

Key Points: 
  • Steel Connect, Inc. (NASDAQ: STCN) (the Company or Steel Connect) announced today that leading independent proxy advisory firms Institutional Shareholder Services, Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) recommended that the Companys stockholders vote FOR all proposals to be considered and voted on at the Companys Annual Meeting of Stockholders (the Annual Meeting) in connection with the previously announced merger with Steel Partners Holdings L.P. (NYSE: SPLP) (Steel Partners).
  • This communication contains forward-looking statements related to Steel Connect, Steel Partners and the proposed acquisition of Steel Connect by Steel Partners and their respective affiliates.
  • This communication may be deemed to be solicitation material in respect of the proposed acquisition of Steel Connect by Steel Partners.
  • In connection with the proposed merger, Steel Connect will file with the SEC and furnish to Steel Connects stockholders a proxy statement and other relevant documents.

GigInternational1, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

Retrieved on: 
Monday, September 19, 2022

This press release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This press release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements.
  • In addition, any statements that refer to characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.
  • These forward-looking statements include, without limitation, future extensions, expectations with respect to closing of the proposed business combination, the repayment of the promissory note upon such closing of the proposed business combination, and the timing of the completion of the proposed business combination.

Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Monday, September 19, 2022

Aries is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Key Points: 
  • Aries is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • On December 13, 2021, Aries and InfiniteWorld announced that they had entered into a definitive business combination agreement.
  • Closing of the business combination is subject to customary closing conditions including the approval of the shareholders of Aries.
  • InfiniteWorld is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company.

Transfix Launches Transfix TrueRate+, a Proprietary Pricing Program that Delivers the Next Level of Transparency, Trust, and Savings

Retrieved on: 
Monday, September 19, 2022

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the launch of Transfix TrueRate+ (TTR+), a fresh approach to transportation pricing that guarantees tender acceptance, helping to reduce reliance on RFPs, and can deliver anticipated savings of upwards of 10% on average freight cost.

Key Points: 
  • The Registration Statement includes a proxy statement of G Squared Ascend I and a prospectus of Transfix Holdings.
  • Additionally, G Squared Ascend I and Transfix Holdings will file other relevant materials with the SEC in connection with the business combination.
  • Copies may be obtained free of charge at the SEC's website at www.sec.gov .
  • G Squared Ascend I's SEC filings are available publicly on the SEC's website at www.sec.gov .

Northern Lights Acquisition Corp. Announces Amendment of Unit Purchase Agreement and Supplement to Definitive Proxy Statement

Retrieved on: 
Monday, September 19, 2022

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- Northern Lights Acquisition Corp. (the "Company") (Nasdaq: NLIT), a special purpose acquisition company, announced that it has amended that certain unit purchase agreement (as amended, the "Unit Purchase Agreement"), dated February 11, 2022, by and among the Company, 5AK, LLC, the Company's sponsor, SHF, LLC d/b/a Safe Harbor Financial, a Colorado limited liability company ("Safe Harbor"), SHF Holding Co., LLC, a Colorado limited liability company and the sole member of Safe Harbor (the "Seller"), and Partner Colorado Credit Union, a Colorado corporation and the sole member of the Seller, to (i) extend the date by which the transactions contemplated thereby (the "Business Combination") had to be consummated from August 31, 2022 (the "Outside Date") until September 28, 2022 and (ii) provide for the deferral of $30 million (the "Deferred Cash Consideration") of the $70 million due to the Seller at the closing of the Business Combination. The extension of the Outside Date will provide the Company with additional time to complete the Business Combination as it awaits regulatory approval, and the deferral of the Deferred Cash Consideration will provide the Company with additional cash to support its post-closing activities.

Key Points: 
  • The Company also announced that it has supplemented its definitive proxy statement on Schedule 14A (as supplemented, the "Proxy Statement"), which Proxy Statement was initially filed with the U.S. Securities and Exchange Commission (the "SEC") on June 10, 2022 in connection with the Business Combination.
  • About Northern Lights Acquisition Corp.
    Northern Lights is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
  • The proposed business combination involving Northern Lights and Safe Harbor was submitted to the stockholders of Northern Lights for their consideration.
  • Northern Lights filed the Proxy Statement with the SEC on June 10, 2022, which was distributed to the stockholders of Northern Lights in connection with Northern Lights' solicitation for proxies for the vote by the stockholders of Northern Lights connection with the proposed business combination and other matters as described in the Proxy Statement.

Chardan NexTech Acquisition 2 Corp. Announces Effectiveness of Registration Statement and October 6, 2022 Special Meeting of Stockholders to Approve Business Combination with Dragonfly Energy Corp.

Retrieved on: 
Monday, September 19, 2022

CNTQ will mail the definitive proxy statement/prospectus (the "Proxy Statement") to stockholders of record as of the close of business on August 11, 2022.

Key Points: 
  • CNTQ will mail the definitive proxy statement/prospectus (the "Proxy Statement") to stockholders of record as of the close of business on August 11, 2022.
  • The Proxy Statement contains a notice and voting instruction form or a proxy card relating to the special meeting of CNTQ's stockholders (the "Special Meeting").
  • The Special Meeting to approve the proposed business combination is scheduled to be held on October 6, 2022 at 10:00 a.m. Eastern Time via a virtual meeting format at https://www.cstproxy.com/cnaq/2022 .
  • You may obtain free copies of these documents free of charge by directing a written request to CNTQ or Dragonfly.

Aesther Healthcare Acquisition Corp (NASDAQ: AEHA) Announces Filing of Preliminary Proxy Statement with SEC in Connection with its Proposed Business Combination with Ocean Biomedical, Inc.

Retrieved on: 
Monday, September 19, 2022

The Preliminary Proxy Statement contains information about the proposed Business Combination, including a business overview, terms of the Transaction, pro-forma financial information and risk factors related to the Transaction.

Key Points: 
  • The Preliminary Proxy Statement contains information about the proposed Business Combination, including a business overview, terms of the Transaction, pro-forma financial information and risk factors related to the Transaction.
  • The combination will lead to long term shareholder value growth and appreciation, as we continually focus on identifying and accelerating promising discoveries.
  • Neither Ocean Biomedical nor Aesther gives any assurance that Ocean Biomedical or Aesther, or the combined company, will achieve its expectations.
  • Such information with respect to Ocean Biomedicals directors and executive officers will also be included in the preliminary proxy statement and definitive proxy statement.

FEMSA Public Tender Offer: Extraordinary General Meeting with election of new Valora Board of Directors

Retrieved on: 
Monday, September 19, 2022

As a further important step in the transaction concerning FEMSA's public tender offer for Valora, four new FEMSA representatives are proposed for election to the Valora Board of Directors at an Extraordinary General Meeting to be held on 14 October 2022.

Key Points: 
  • As a further important step in the transaction concerning FEMSA's public tender offer for Valora, four new FEMSA representatives are proposed for election to the Valora Board of Directors at an Extraordinary General Meeting to be held on 14 October 2022.
  • Accordingly, all members of the Board of Directors elected at the Ordinary General Meeting of 6 April 2022 have declared their resignation from the Board of Directors with effect immediately after the end of the Extraordinary General Meeting of 14October 2022 or the settlement of the public tender offer whichever event occurs later.
  • At the Extraordinary General Meeting on 14 October 2022, FEMSA CEO Daniel Alberto Rodrguez Cofr will be proposed for election as Chairman of the Valora Board of Directors and, as members, Francisco Camacho Beltrn, Chief Corporate Officer of FEMSA; Carlos Arenas Cadena, CEO of the FEMSA Proximity Division; and Salvador Alfaro Hernndez, CFO of the FEMSA Proximity Division.
  • For further information on the Extraordinary General Meeting and the curricula vitae of FEMSA's nominees, please refer to the website www.valora.com/egm .

IBI Group Inc. Shareholders Vote Overwhelmingly in Favour of the Acquisition by Arcadis

Retrieved on: 
Friday, September 16, 2022

Accordingly, all shareholder approvals required in order to proceed with the Plan of Arrangement have been obtained.

Key Points: 
  • Accordingly, all shareholder approvals required in order to proceed with the Plan of Arrangement have been obtained.
  • IBI Group Inc. (TSX:IBG) is a technology-driven design firm with global architecture, engineering, planning, and technology expertise spanning more than 60 offices and 3,500 professionals around the world.
  • IBI Group believes that cities thrive when designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.
  • On July 18, 2022 Arcadis and IBI Group jointly announced that they had entered an agreement for Arcadis to acquire IBI Group.