Crown PropTech Acquisitions (the “Company”)
(
NYSE:CPTK) will be holding the Extraordinary
General Meeting (the “Extraordinary General Meeting”) of
shareholders on Tuesday, February 7, 2023 at 11:00 a.m., Eastern
Time, at the offices of Orrick, Herrington & Sutcliffe LLP,
located at 51 W 52nd Street, New York, New York 10019 and virtually
via live webcast at www.virtualshareholdermeeting.com/CPTK2023SM.
The record date for the Extraordinary General Meeting is the close
of business (Eastern Time) on January 17, 2023.
At the Extraordinary General Meeting, shareholders will be asked
to vote on a proposal to amend and restate the Company’s Amended
and Restated Memorandum and Articles of Association (the “Charter”)
to extend the date by which the Company must consummate an initial
business combination from February 11, 2023 to February 11, 2024
(the “Extension Proposal”), and in the event there are insufficient
votes to approve the Extension Proposal, a proposal for an
adjournment of the Extraordinary General Meeting to a later
date.
Shareholders of record as of the record date will be able to
vote during the Extraordinary General Meeting, either in person or
online at www.virtualshareholdermeeting.com/CPTK2023SM, or submit
their votes before the Extraordinary General Meeting by completing
and returning their proxy card or voting online at
www.proxyvote.com or by phone at 1-800-690-6903 in accordance with
the instructions set forth on their proxy card.
Pursuant to the Charter, a public shareholder may request that
the Company redeem all or a portion of such public shareholder’s
public shares for cash upon the approval or effectiveness of the
Extension Proposal. The deadline for a redemption request is 5:00
p.m., Eastern Time, on February 3, 2023. The specific
procedures regarding redemptions can be found in the definitive
proxy statement (the “Proxy Statement”) for the Extraordinary
General Meeting filed with the Securities and Exchange Commission
(the “SEC”) on January 25, 2023. Holders of units of the Company
must elect to separate the underlying public shares and public
warrants prior to exercising redemption rights with respect to the
public shares. There are no redemption rights or liquidating
distributions with respect to the Company’s warrants. Shareholders
are encouraged to contact their brokerage firm or bank or the
Company’s transfer agent for additional information regarding
redemption procedures.
If you have any questions or need any assistance voting, please
contact our proxy solicitor Morrow Sodali LLC by email at
CPTK.info@investor.morrowsodali.com or phone at (800) 662-5200.
About Crown PropTech Acquisitions
The Company was 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 concentrate on
businesses that provide technological innovation to the broader
real estate ecosystem. This includes a focus on businesses that
provide technological solutions that make the built environment
more accessible, connected, dynamic, efficient, experiential and
sustainable.
Forward-Looking Statements
This press release includes “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. All 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 SEC. All subsequent written or oral
forward-looking statements attributable to the Company or persons
acting on its 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 Annual Report on Form 10-K, subsequent quarterly reports
on Form 10-Q and initial public offering prospectus. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Additional Information
The Company has filed with the SEC the Proxy Statement in
connection with the Extraordinary General Meeting to consider and
vote upon the Extension Proposal and other matters and, beginning
on or about January 25, 2023, mailed the Proxy Statement and other
relevant documents to its shareholders as of the January 17, 2023
record date for the Extraordinary General Meeting. The Company’s
shareholders and other interested persons are advised to read the
Proxy Statement and any other relevant documents that have been or
will be filed with the SEC in connection with the Company’s
solicitation of proxies for the Extraordinary General Meeting
because these documents contain important information about the
Company, the Extension Proposal and related matters. Shareholders
may also obtain a free copy of the Proxy Statement, as well as
other relevant documents that have been or will be filed with the
SEC, without charge, at the SEC’s website located at www.sec.gov or
by directing a request to: Crown PropTech Acquisitions, 28 West
25th Street, Floor 6, New York, NY 10010, (212) 563-6400.
Participants in the Solicitation
The Company and its directors and executive officers and other
persons may be deemed to be participants in the solicitation of
proxies from the Company’s shareholders in respect of the
Extraordinary General Meeting, the Extension Proposal and related
matters. Information regarding the Company’s directors and
executive officers is available in the Proxy Statement for the
Extraordinary General Meeting. Additional information regarding the
participants in the proxy solicitation and a description of their
direct and indirect interests are contained in the Proxy
Statement.
No Offer or Solicitation
This communication shall 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 jurisdiction in which the offer,
solicitation or sale would be unlawful prior to the 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 of 1933, as amended.
Investor Relations
Contact:Gateway GroupRalf Esper(949)
574-3860ralf@gatewayir.com
Proxy Solicitor Contact:Morrow
Sodali LLC(800) 662-5200Banks and brokers can call collect at (203)
658-9400CPTK.info@investor.morrowsodali.com
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