BELONG ACQUISITION CORP. ANNOUNCES CHANGE OF SPECIAL MEETING DATE
December 05 2022 - 7:30PM
Belong Acquisition Corp. (NASDAQ:BLNG) (the “Company”), a
blank-check company formed for the purpose of acquiring or merging
with one or more businesses, today announced that the special
meeting of its stockholders (the “Special Meeting”) originally
scheduled for Wednesday, December 7, 2022, is being postponed to
Wednesday, December 14, 2022. At the Special Meeting, stockholders
will be asked to vote on the following proposals: (1) a proposal to
approve an amendment (the “Extension Amendment”) to the Company’s
Amended and Restated Certificate of Incorporation to extend the
date by which the Company must consummate a business combination
for six months, from January 27, 2023 (the “Original Termination
Date”) to July 27, 2023 (the “Extended Date”) (the “Extension
Proposal”); (2) a proposal to approve an amendment to the
Investment Management Trust Agreement dated July 22, 2021, by
and between the Company and Continental Stock Transfer &
Trust Company, as trustee (“Continental”), to extend the date on
which Continental must liquidate the trust account established in
connection with the Company’s initial public offering if the
Company has not completed its initial business combination, from
the Original Termination Date to the Extended Date (the “Trust
Amendment Proposal” and together with the Extension Proposal, the
“Proposals”); and (3) a proposal to approve the adjournment of the
Special Meeting to a later date, if necessary, under certain
circumstances, including, but not limited to, for the purpose of
soliciting additional proxies in favor of the Extension Proposal
and Trust Amendment Proposal, in the event the Company does not
receive the requisite stockholder vote to approve the Proposals.
As a result of this change, the Special Meeting will now be held
at 2:00 p.m., Eastern Time, on Wednesday, December 14, 2022, via a
virtual meeting link
at https://www.cstproxy.com/belongcapital/2022. Also, as a
result of this change, the Company has extended the deadline for
holders of the Company’s Class A common stock issued in the
Company’s initial public offering to submit their shares for
redemption in connection with the Proposals to Monday, December 12,
2022.
The Company plans to continue to solicit proxies from
stockholders during the period prior to the Special Meeting. Only
the holders of the Company’s Class A common stock and Class B
common stock as of the close of business on November 7, 2022, the
record date for the Special Meeting, are entitled to vote at the
Special Meeting.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
These forward-looking statements and factors that may cause such
differences include, without limitation, uncertainties relating to
the Company’s stockholder approval of the Proposals, its
inability to complete an initial business combination within the
required time period or, and other risks and uncertainties
indicated from time to time in filings with the Securities and
Exchange Commission (“SEC”), including the Company’s Annual Report
on Form 10-K for the fiscal year ended December 31, 2021 under the
heading “Risk Factors” and other documents the Company has filed,
or will file, with the SEC. Readers are cautioned not to place
undue reliance upon any forward-looking statements, which speak
only as of the date made. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company’s expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based.
Participants in the Solicitation
The Company and its directors, executive officers, other members
of management and employees, under SEC rules, may be deemed to be
participants in the solicitation of proxies from the
securityholders of the Company in favor of the approval of the
Proposals. Investors and security holders may obtain more detailed
information regarding the names, affiliations and interests of the
Company’s directors and officers in the definitive proxy statement
dated November 14, 2022 (the “Proxy Statement”), which may be
obtained free of charge from the sources indicated below.
No Offer or Solicitation
This Press Release shall not constitute a solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the Proposals. This communication shall also not
constitute an offer to sell or the solicitation of an offer to buy
any securities, nor shall there be any sale of securities in any
states or jurisdictions in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act or an exemption
therefrom.
Additional Information and Where to Find It
The Company urges investors, stockholders and other interested
persons to read the Proxy Statement as well as other documents
filed by the Company with the SEC, because these documents will
contain important information about the Company and the Proposals.
Stockholders may obtain copies of the Proxy Statement, without
charge, at the SEC’s website at www.sec.gov or by
directing a request to the Company’s proxy solicitor, Morrow
Sodali LLC, at 333 Ludlow Street, 5th Floor, South Tower, Stamford,
Connecticut 06902, BLNG.info@investor.morrowsodali.com.
COMPANY CONTACT
Peter Saldarriagapeter@belongcapital.co
Belong Acquisition (NASDAQ:BLNGU)
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