Tag: Combination

OPES Acquisition Corp.’s Business Combination Target, BurgerFi, Brings the Heat With the New Spicy Fi’ed Chicken Sandwich

Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon

BurgerFi’s New Spicy Fi’ed Chicken Sandwich

Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon
Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon
Better Burger Concept Enters the Spicy Chicken Sandwich Wars With Its Take on the Popular Menu Item, Utilizing Ghost Pepper Honey as Its Not-So-Secret Spicy and Delicious Weapon

PALM BEACH, Fla., Oct. 13, 2020 (GLOBE NEWSWIRE) — OPES Acquisition Corp.’s (NASDAQ: OPES) business combination target, BurgerFi International, is bringing the heat to its menu with the new Spicy Fi’ed Chicken Sandwich, available at all corporate-owned locations as of late September. By mid-October, the fast-growing fast casual concept will offer the fiery sandwich at all 125+ locations throughout

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F45 Training and Crescent Acquisition Corp Mutually Agree to Terminate Business Combination Agreement

LOS ANGELES–(BUSINESS WIRE)–Oct 6, 2020–

Crescent Acquisition Corp (“CAC” or the “Company”) (NASDAQ: CRSA, CRSAU, CRSAW), a publicly-traded special purpose acquisition company, together with F45 Training Holdings Inc. (“F45”), one of the fastest-growing fitness franchisors in the world, jointly announced today the termination of their previously announced business combination agreement. The termination is effective October 5, 2020.

“While we remain optimistic about the current performance and long-term growth prospects of F45, the prolonged uncertainty around the pandemic has challenged our ability to successfully complete the business combination,” Robert Beyer, Executive Chairman, and Todd Purdy, CEO, said jointly.

“Despite our best efforts to finalize this transaction, we ultimately concluded that approaching the public markets at this time was not the right option for F45,” said F45 CEO Adam Gilchrist. “That said, we are very pleased with our recent business performance, and have seen strong member re-engagement to almost pre-COVID levels. Our

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HL Acquisitions Corp Shareholders Approve Extension of the Date to Consummate Business Combination

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

New York, NY, Oct. 02, 2020 (GLOBE NEWSWIRE) — HL Acquisitions Corp. (Nasdaq: HCCH) (“HL” or the “Company”) announced that at a meeting held earlier today shareholders approved a proposal to extend the date by which the Company has to consummate a business combination from October 2, 2020 to January 2, 2021 (the “Extension Amendment Proposal”). The purpose of the Extension Amendment Proposal is to allow the Company more time to complete its previously announced business combination with Fusion Welcome – Fuel, S.A. (“Fusion”), an innovator in the rapidly developing Green Hydrogen sector.

Commenting on the results of the meeting, Jeffrey Schwarz, HL’s Chairman and CEO said, “we are pleased with the strong support our shareholders have provided, with approximately 99.9% of the votes cast for approval of the Extension

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Tortoise Acquisition Corp. Announces Approval of Business Combination and Adjourns Special Meeting of Stockholders to September 30, 2020

NEW YORK–(BUSINESS WIRE)–Tortoise Acquisition Corp. (NYSE: SHLL) (“TortoiseCorp”) today announced that its stockholders voted to approve the proposed business combination between TortoiseCorp and Hyliion Inc. (“Hyliion”) and certain related proposals and that it has adjourned its virtual Special Meeting of Stockholders to September 30, 2020 at 1:00 p.m., Eastern time (the “Special Meeting”) to provide its shareholders additional time to vote on one of the ancillary proposals described in TortoiseCorp’s definitive proxy statement, dated September 8, 2020 (the “Proxy Statement”). To attend the reconvened virtual meeting, please visit https://www.cstproxy.com/tortoiseacquisitioncorp/sm2020.

TortoiseCorp urges its stockholders who have not voted to do so as soon as possible. TortoiseCorp received overwhelming support from stockholders for the proposed business combination with Hyliion. A sufficient number of votes to approve the business combination were received and TortoiseCorp expects to close the transaction on Thursday, October 1, 2020. However, TortoiseCorp values the input of all

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Tortoise Acquisition Corp. Reminds Stockholders to Vote in Favor of Business Combination with Hyliion Inc.

Tortoise Acquisition Corp. (NYSE: SHLL) (“TortoiseCorp”) reminds stockholders to vote in favor of the proposed business combination between TortoiseCorp and Hyliion Inc. (“Hyliion”), and the related proposals, to be voted upon at TortoiseCorp’s Special Meeting of Stockholders scheduled to be held virtually on Monday, September 28, 2020, at 9:30 am Eastern time (the “Special Meeting”), as described in TortoiseCorp’s definitive proxy statement, dated September 8, 2020 (the “Proxy Statement”).

Every stockholder’s vote is important, regardless of the number of shares the stockholder holds. Accordingly, TortoiseCorp requests that each stockholder complete, sign, date and return a proxy card, if it has not already done so, to ensure that such stockholder’s shares will be represented at the Special Meeting. Stockholders which hold shares in “street name,” meaning that their shares are held of record by a broker, bank or other nominee, should contact their broker, bank or nominee to ensure that their

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Torchlight and Metamaterial Announce Planned Business Combination

The MarketWatch News Department was not involved in the creation of this content.

PLANO, Texas & HALIFAX, Nov Scotia, Sep. 21, 2020 (Canada NewsWire via COMTEX) —
Special Dividend Intended to be Issued to Torchlight Shareholders at Closing

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), an oil and gas exploration company (“Torchlight”) and Metamaterial Inc. (“META”) (CSE: MMAT), a developer of high-performance functional materials and nanocomposite products, announced today the execution of a non-binding letter of intent (“LOI”, signed on September 15, 2020), for Torchlight to acquire 100% of META and to divest within the first half of 2021 Torchlight’s oil and gas assets for the benefit of Torchlight’s legacy shareholders (the “Proposed Transaction”). Upon completion of the Proposed Transaction, shareholders of META are expected to hold a 75% interest in the combined entity.

The Proposed Transaction represents a strategic shift for Torchlight. It is intended to reposition Torchlight into the

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Gores Metropoulos, Inc. Files Registration Statement on Form S-4 in Connection With Proposed Business Combination With Luminar Technologies, Inc.

LOS ANGELES–(BUSINESS WIRE)–Sep 15, 2020–

Gores Metropoulos, Inc. (the “ Company ”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos of Metropoulos & Co., filed a registration statement on Form S-4 with the SEC (the “ Registration Statement ”) in connection with its previously announced proposed business combination with Luminar Technologies, Inc. (“ Luminar ”), a global leader in lidar autonomous driving technology. The Registration Statement is not yet effective. The Registration Statement, including the proxy statement/consent solicitation statement/prospectus contained therein, when it is declared effective by the Securities and Exchange Commission (“ SEC ”), will contain important information about the proposed business combination contemplated by the Agreement and Plan of Merger by and among the Company, Dawn Merger Sub, Inc., Dawn Merger Sub II, LLC and

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Graf Industrial Corp. Announces Special Meeting Date to Approve Proposed Business Combination with Velodyne and Move to Nasdaq

HOUSTON, Sept. 14, 2020 /PRNewswire/ — Graf Industrial Corp. (“Graf” or the “Company”) (NYSE: GRAF, GRAF.U, GRAF WS), a special purpose acquisition company, announced today that it has scheduled the special meeting of its stockholders (the “Special Meeting”) to approve its proposed business combination (the “Business Combination”) with Velodyne Lidar, Inc. (“Velodyne”) for September 29, 2020.

Graf, whose securities are currently listed on the New York Stock Exchange (the “NYSE”), also announced that it intends to list the shares of common stock and warrants of the post-combination company, to be named Velodyne Lidar, Inc., on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbols “VLDR” and “VLDRW”, respectively, following the closing of the Business Combination. The decision to list on Nasdaq was made in consideration of the Business Combination and enables the post-combination company to be listed alongside the other innovative technology companies that are also listed

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