EUR 0.00% 4.8¢ european lithium limited

The vote will definitely go through as sponsors control more...

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    The vote will definitely go through as sponsors control more than 65%, see the below extract from the merger statement.
    The same percentage is stated in the extension vote, which is now a DEF14A as well and will be held on the same day.

    The extension will be voted through as well for sure, however the extension is only there as a "just in case". The merger will be voted in favour but the business combination might have some slight delays to get CRML trading, and since the charter for the company is only until 8th February 2024, hence the need to extend to be safe. That is the only reason for the extension, though we should be trading within 5 days or so if everything goes smoothly, thats usually how fast it is once a vote is through.


    "Currently, the Sponsor and Sizzle Initial Stockholders beneficially own 65.7% of issued and outstanding Sizzle Common Stock including 722,750 private placement shares and 5,425,000 founders shares, Cantor owns 47,250 private placement shares and EBC owns 75,600 EBC Shares, which together consisting of approximately 1.3% of issued and outstanding Sizzle Common Stock and Sizzle’s public stockholders beneficially own approximately 33.0% of issued and outstanding Sizzle Common Stock. The Sizzle Initial Stockholders, which includes our Sponsor and our directors and officers, and Cantor have agreed to vote all of their founder shares, all of their private placement shares of Sizzle Common Stock and any Sizzle equity securities that they hold in favor of the Business Combination Proposal."
 
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