Benessere Capital Acquisition Corp. Announces Shareholder Approval of Extension of
Deadline to Complete Business Combination
NEW YORK, January 7, 2022 /Accesswire/ Benessere Capital Acquisition Corp. (Nasdaq: BENE,
BENEU, BENEW, and BENER) (Benessere or the Company) today announced that its stockholders have approved an extension of the date by which the Company must consummate a business combination from January 7, 2022 to
July 7, 2022 (the Extension) at the special meeting of stockholders held on January 7, 2022. The Extension provides Benessere with additional time to complete the previously announced proposed business combination (the
Transaction) with eCombustible Energy LLC (eCombustible Energy), a leading innovator and provider of customizable hydrogen-based fuel for thermal industrial applications.
Patrick Orlando, Chief Executive Officer of Benessere Capital Acquisition Corp., commented on the results of the meeting: We are happy to report that
more than 65% of our outstanding shares voted to support the extension, which will allow us additional time to complete our business combination with eCombustible Energy. Our significant base of retail investors has played a vital role in this
process. Their active engagement in this extension process is encouraging, and with this vote of approval, we will continue to work towards completing a successful business combination to build shareholder value for this company.
Additional Information and Where to Find It
In
connection with the merger agreement and the proposed business combination, Benessere intends to file with the SEC a Registration Statement, which will include a proxy statement/prospectus. Benesseres stockholders and other interested persons
are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and documents incorporated by reference therein filed in connection with the business
combination, as these materials will contain important information about Benessere, eCombustible Energy, the merger agreement and the business combination. When available, the definitive proxy statement/prospectus and other relevant materials for
the business combination will be mailed to stockholders of Benessere as of a record date to be established for voting on the business combination. Stockholders of Benessere will also be able to obtain copies of the Registration Statement, the
preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SECs web site at www.sec.gov, or by
directing a request to: Benessere Capital Acquisition Corp., 78 SW 7th Street, Unit 800, Miami, FL 33130.
Participants in the Solicitation
Benessere, eCombustible Energy and their respective directors, executive officers, other members of management and employees may be deemed participants in the
solicitation of proxies from Benesseres stockholders with respect to the proposed business combination. Investors and securityholders may obtain more detailed information regarding the names and interests in the business combination of
Benesseres directors and officers in Benesseres filings with the SEC, including the Registration Statement, and such information with respect to eCombustible Energys directors and executive officers will also be included in the
Registration Statement.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed business
combination between Benessere and eCombustible Energy, including without limitation statements regarding the anticipated benefits of the business combination, the