Glory Star Announces Shareholders' Approval of Merger Agreement
Retrieved on:
Thursday, October 27, 2022
NASDAQ, Securities Act of 1933, The Merger, Nasdaq, Ecosystem, Terminology, Plan, VR, Cayman Islands, Registrar, Tripura Merger Agreement, Forward-looking statement, Private Securities Litigation Reform Act, Proxy, CHEERS, Securities Exchange Act of 1934, NFT, Company, Blaze of Glory (Star Trek: Deep Space Nine), Social, SEC, AR, Security (finance), Mergers and acquisitions
Of these ordinary shares voted in person or by proxy at the general meeting, approximately 99.882% were voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger, and the transactions contemplated thereby.
Key Points:
- Of these ordinary shares voted in person or by proxy at the general meeting, approximately 99.882% were voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger, and the transactions contemplated thereby.
- The parties to the Merger Agreement currently expect to complete the Merger as soon as practicable, subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.
- Upon completion of the Merger, Glory Starwill become a privately held company and its ordinary shares will no longer be listed on the Nasdaq Capital Market ("NASDAQ").
- Glory Star also provides a suite of tools for its users to facilitate the development of new content by creators.