NEW
YORK, Sept. 21, 2023 /PRNewswire/ --
LatAmGrowth SPAC ("we", "us", "our", or the "Company"), today
announced that the extraordinary general meeting originally
scheduled for September 21, 2023 (the
"Extraordinary General Meeting") is being adjourned to September 28, 2023. At the Extraordinary General
Meeting, Company's stockholders will be asked:
- to permit the Company to liquidate and wind up early by
approving, as a special resolution, the amendment of the Company's
amended and restated memorandum and articles of association to (i)
advance the date by which the Company must consummate a merger,
share exchange, asset acquisition, share purchase, reorganization
or similar business combination with one or more businesses or
entities from November 27, 2023 to
the date after the Extraordinary General Meeting and (ii) allow the
Company to remove up to $100,000 of
interest earned on the amount on deposit in the Trust Account prior
to redeeming the Public Shares in connection with the Extraordinary
General Meeting in order to pay dissolution expenses of the
Company; and
- to approve, as a special resolution, Amendment No. 2 to
the Trust Agreement to allow the Company to remove up to
$100,000 of interest earned on the
amount on deposit in the trust account established by the Trust
Agreement prior to redeeming the Public Shares in connection with
the Extraordinary General Meeting in order to pay dissolution
expenses of the Company.
As a result of this change, the Extraordinary General
Meeting will now be held at 2:00 p.m.,
Eastern Time, on September 28,
2023, exclusively via live webcast at the following
address: https://www.cstproxy.com/latamgrowthspac/sm2023.
The record date for the stockholders to vote at the
Extraordinary General Meeting remains the close of business on
August 22, 2023 (the "Record Date").
Stockholders who have previously submitted their proxy or otherwise
voted and who do not want to change their vote need not take any
action. Stockholders as of the Record Date can vote, even if they
have subsequently sold their shares. In connection with the
adjourned date, the Company has further extended the deadline for
holders of the Company's Class A ordinary issued in the Company's
initial public offering to submit their shares for redemption in
connection with the Extraordinary General Meeting to 5:00 p.m. Eastern Time on
September 26, 2023.
Stockholders who wish to withdraw their previously submitted
redemption request may do so prior to the rescheduled meeting by
requesting that the transfer agent return such shares.
About LatAmGrowth SPAC
The Company is a blank check company formed for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses. The Company intends to focus its search on
high growth companies in Latin
America, including Brazil,
as well as businesses in the United
States that cater to the Hispanic community: (1) with
significant technological advantages, and/or (2) that are well
positioned to benefit from the favorable structural and secular
trends of the emerging middle class.
Additional Information and Where to Find
It
The definitive proxy statement has been mailed to the
Company's stockholders. INVESTORS AND SECURITY HOLDERS ARE ADVISED
TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS
BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY.
Investors and security holders may obtain free copies of these
documents and other documents filed with the SEC at the SEC's web
site at www.sec.gov. In addition, the documents filed by Company
with the SEC may be obtained free of charge by contacting Company
at Pedregal 24, 8th Floor,
Molino del Rey, 11000, Mexico City, Mexico. If you have questions
about the proposals or if you need additional copies of the Proxy
Statement you should contact our proxy solicitor:
Morrow Sodali LLC
333 Ludlow Street, 5th Floor, South
Tower
Stamford,
Connecticut 06902
Shareholders may call
toll-free: (800)662-5200
Banks and Brokerage Firms,
please call: (203) 658-9400
Email:
LATG.info@investor.morrowsodali.com
Participants in the Solicitation
Company and its sponsor, officers and directors may be
deemed to be participants in the solicitation of proxies from
Company stockholders. Information about Company's sponsor, officers
and directors and their ownership of Company ordinary shares is set
forth in the proxy statement for Company's Extraordinary General
Meeting of Stockholders, which was filed with the SEC on
August 30, 2023, and in Company's
Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the SEC
on April 19, 2023. Investors and
security holders may obtain more detailed information regarding the
direct and indirect interests of the participants in the
solicitation of proxies in connection with the transaction by
reading the preliminary and definitive proxy statements regarding
the transaction, which were filed by Company with the
SEC.
Non-Solicitation
This press release is not a proxy statement or
solicitation of a proxy, consent or authorization with respect to
any securities or in respect of the Extraordinary General Meeting
shall not constitute an offer to sell or a solicitation of an offer
to buy the securities of the Company, nor shall there be any sale
of any such securities in any state or jurisdiction in which such
offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or jurisdiction. No offer of securities shall be made except
by means of a prospectus meeting the requirements of Section 10 of
the Securities Act of 1933, as amended.
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SOURCE LatAmGrowth SPAC
