ACKRELL SPAC PARTNERS I CO. ANNOUNCES CHANGE IN DATE BY WHICH REDEMPTION REQUESTS FOR SHARES IN CONNECTION WITH SPECIAL MEETING OF STOCKHOLDERS TO VOTE UPON AN EXTENSION OF TIME WITHIN WHICH IT MUST COMPLETE AN INITIAL BUSINESS COMBINATION
03 Juin 2022 - 11:00PM
Ackrell SPAC Partners I Co. (NASDAQ: ACKIU) (“Ackrell” or the
“Company”), a special purpose acquisition company, today issued a
press release in which it advised holders of the subunits issued in
its initial public offering, that Thursday, June 16, 2022 (and not
June 17) is the date by which they must submit requests for
redemption of shares of common stock underlying their subunits to
receive their pro rata portion of the funds held in the trust
account in connection with the stockholder vote on a proposal to
extend the time the Company has to consummate an initial business
combination from June 23, 2022 to September 23, 2022 (the
“Extension Proposal”). The Company’s proxy statement dated
May 26, 2022 (the “Proxy Statement”) for a special meeting of
stockholders to be held on June 21, 2022 (the “Special
Meeting”), at which stockholders will consider and vote on the
Extension Proposal, had stated that June 17 was the date by
which redemption requests had to be submitted to Continental
Stock Transfer & Trust Company (“Continental”), the Company’s
transfer agent. The Company today also filed a Supplement to
the Proxy Statement with the Securities and Exchange Commission to
advise stockholders of the earlier date by which their redemption
requests must be submitted to Continental.
Stockholders of record as of May 16, 2022 will
be able to attend and participate in the Special Meeting online by
visiting https://www.cstproxy.com/ackrellspac/2022. Please see the
Company’s Proxy Statement mailed to stockholders of record and
available at the SEC website at www.sec.gov for more
information.
About Ackrell SPAC Partners I
Co.
Ackrell is a blank check company formed for the
purpose of effecting a merger, capital stock exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. While the Company may
pursue an acquisition in any business industry or sector, it
intends to concentrate its efforts on identifying businesses in the
branded fast-moving consumer goods industry. The Company is led by
Chairman Michael Ackrell, Vice Chairman Shannon Soqui, Chief
Executive Officer Jason M. Roth, Chief Operating Officer &
President Stephen N. Cannon, and Chief Financial Officer Long
Long.
Cautionary Note Regarding
Forward-Looking Statements
This press release may include, and oral
statements made from time to time by representatives of the Company
may include, “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Statements
regarding possible business combinations and the financing thereof,
and related matters, as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the Securities and Exchange
Commission (“SEC”). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company’s registration statement and
prospectus for the Company’s initial public offering and other
reports filed with the SEC. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Investor Contact:
Ackrell SPAC Partners I Co.(650)
560-4753Info@ackrellspac.com
Ackrell SPAC Partners I (NASDAQ:ACKIU)
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