EUR

1.89%

5.2¢ european lithium limited

As I originally said, the statement is like a spider's web.The...

First 51 Last

Share
Profile

Follow
jefferies2

8,491 Posts.

797

26/01/24

15:26

Post #: 72080969
Share

Originally posted by andy830: ↑

Actually if you read just a bit more it is clearly stated that is for the extension vote NOT the merger vote.
as explained the extension vote is just as a precaution.

"The accompanying proxy statement (the “Proxy Statement”) is dated January 22, 2024, and is first being mailed to stockholders of the Company on or about January 23, 2024. The sole purpose of the Meeting is to consider and vote upon the following proposals (the “Proposals”):

1) a proposal to amend the Company’s amended and restated certificate of incorporation, as previously amended (the “Charter”), in the form set forth in Annex A to the accompanying Proxy Statement (the “Extension Amendment” and such proposal, the “Extension Amendment Proposal”), to extend the date by which the Company must (i) effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses (a “Business Combination”, and the Company’s initial Business Combination, the “Business Combination”), (ii) cease all operations except for the purpose of winding up, and (iii) redeem or repurchase 100% of the Company’s common stock included as part of the units (the “Public Shares”) sold in the Company’s initial public offering that was consummated on November 8, 2021 (the “IPO”), from February 8, 2024 to August 8, 2024 (or such earlier date as determined by the Company’s board of directors (the “Board”)) (the “Extension”, and such later date, the “Extended Date”); and

2) a proposal to approve the adjournment of the Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the other proposal (the “Adjournment Proposal”). The Adjournment Proposal will only be presented at the Meeting if there are not sufficient votes to approve the other proposal."

Expand

As I originally said, the statement is like a spider's web.

The extended date for the meeting does, it seems to me, delay the merger:

In what you quoted there is the phrase: "to extend the date by which the Company must (i) effect a merger ..."

Anyway, I'll shut up on this matter for now and wait to see what happens.

EUR Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

There are more pages in this discussion • 48 more messages in this thread...

First 51 Last

Add EUR (ASX) to my watchlist

(20min delay)
Last 5.2¢		Change -0.001(1.89%)		Mkt cap ! $72.70M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.2¢	$9.775K	185.2K

Buyers (Bids)

No.	Vol.	Price($)
9	410963	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	44057	1

View Market Depth

No.	Vol.	Price($)
9	410963	0.052
2	92500	0.051
7	129095	0.050
3	143652	0.049
2	41689	0.048

Price($)	Vol.	No.
0.055	44057	1
0.056	137	1
0.057	87051	4
0.058	415000	3
0.059	71230	3

Last trade - 16.10pm 12/07/2024 (20 minute delay)

EUR (ASX) Chart

As I originally said, the statement is like a spider's web.The...

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

As I originally said, the statement is like a spider's web.The...

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News