NEW YORK, Jan. 22, 2020 /PRNewswire/ -- Alberton
Acquisition Corporation (NASDAQ: ALAC, the "Company") today
announced that, the Company held its 2019 annual shareholder
meeting on January 21, 2020 and the
shareholders approved the re-election of each of the five current
directors to serve until the 2020 annual meeting and ratified the
appointment of Friedman LLP as the Company's independent
auditor for the years ended December 31,
2019 and 2018.
In addition, the Company was notified by the insiders that they
intend to wire additional funds to the trust account to extend the
time available for the Company to consummate its initial business
combination by an additional three months from January 27, 2020 to April
27, 2020.
About ALAC
ALAC is a blank check company, also commonly referred to as a
Special Purpose Acquisition Company, or SPAC, formed for the
purpose of acquiring, engaging in a share exchange, share
reconstruction and amalgamation, purchasing all or substantially
all of the assets of, entering into contractual arrangements, or
engaging in any other similar business combination with one or more
businesses or entities. ALAC's efforts to identify a target
business have not been limited to a particular industry or
geographic region.
Forward-Looking Statements
This press release includes "forward-looking statements" that
involve risks and uncertainties that could cause actual results to
differ materially from what is expected, including the funding of
the Trust Account to further extend the period of time for the ALAC
to consummate an initial business combination, if needed. Words
such as "expects", "believes", "anticipates", "intends",
"estimates", "seeks", "may", "might", "plan", "possible", "should"
and variations and similar words and expressions are intended to
identify such forward-looking statements, but the absence of these
words does not mean that a statement is not forward-looking. Such
forward-looking statements relate to future events or future
results, based on currently available information and reflect ALAC
management's current beliefs. A number of factors could cause
actual events or results to differ materially from the events and
results discussed in the forward-looking statements. In addition,
please refer to the Risk Factors section of ALAC's Form 10-K, its
Quarterly Reports on Form 10-Q for additional information
identifying important factors that could cause actual results to
differ materially from those anticipated in the forward-looking
statements. Except as expressly required by applicable securities
law, ALAC disclaims any intention or obligation to update or revise
any forward-looking statements whether as a result of new
information, future events or otherwise.
Contacts
Alberton Acquisition Corp.
Bin Wang
Tel. +1 (917) 202-8028
Email: ben@albertoncorp.com
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SOURCE Alberton Acquisition Corp.