Sponsors Seek Early Liquidation of Austerlitz Acquisition Corporation I
Retrieved on:
Monday, October 3, 2022
Banking, Professional Services, Finance, CNNE, Securities Exchange Act of 1934, SPAC, U.S. Securities and Exchange Commission, AUS, Association, Articles of association, Securities Act of 1933, Finance Secretary (India), Commission, IPO, Sponsor, NYSE, Sale, Calendar, Acquisition, Forward-looking statement, Company, Security (finance)
Since the Companys IPO, the Sponsors reviewed hundreds of potential merger partners and have had substantive negotiations with dozens of them.
Key Points:
- Since the Companys IPO, the Sponsors reviewed hundreds of potential merger partners and have had substantive negotiations with dozens of them.
- Despite these extensive efforts, the Sponsors have not secured and do not seek a merger partner.
- The Sponsors will seek shareholders favorable vote at a special meeting of shareholders in November 2022.
- Austerlitz Acquisition Corporation I is a blank check 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 or entities.