Cartica Acquisition Corp Reschedules Special Shareholder Meeting
Cartica Acquisition Corp (NASDAQ: CITE), a blank check company aimed at merging with promising businesses, has announced significant updates regarding its upcoming extraordinary general meeting of shareholders. Originally set for a specific date, this meeting has now been postponed, ensuring that all shareholders have the opportunity to engage meaningfully in the process.
New Meeting Date and Time
The extraordinary general meeting, referred to as the Special Meeting, has been moved to a new date, allowing for increased participation. The meeting will now take place on January 3, 2025, at 9:00 a.m. Eastern Time. This decision aims to accommodate shareholders' schedules and provides them ample time to prepare for the meeting's discussions and proposals.
Updated Location for the Meeting
In addition to the date change, the location for the Special Meeting has been updated. It will now be held at the offices of Morrison & Foerster LLP, located at 250 W 55th Street, New York, NY 10019. Shareholders wishing to attend in person are encouraged to confirm their attendance at least two business days prior, ensuring a smooth process on the day of the meeting.
Record Date Remains Unchanged
Despite the changes to the meeting's schedule, the record date for the Special Meeting will remain as previously established on November 27, 2024. This means that shareholders as of this date will be eligible to vote, which is crucial for those who have a stake in the company's future developments. Even shareholders who have sold their shares after this date retain their voting rights.
Voting Procedures and Proxy Information
Cartica is committed to facilitating an inclusive voting process for its shareholders. Those who have previously submitted their proxy or cast their vote do not need to take further action unless they wish to change their vote. All votes must be received by 12:00 p.m. Eastern Time on January 2, 2025, providing ample time for participants to ensure their voices are counted.
Extended Redemption Request Deadline
Another significant update is the extension of the deadline for redemption requests from holders of the Company's Class A ordinary shares. It has now been set to 5:00 p.m. Eastern Time on December 31, 2024. Shareholders who wish to withdraw their previously submitted redemption requests can do so by contacting the Company's transfer agent directly.
Support for Shareholders
If any shareholders have questions or need assistance, they can reach out to the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565. This line has been established to ensure shareholders receive the support they need as they navigate the changes ahead.
About Cartica Acquisition Corp
Cartica Acquisition Corp is designed as a blank check company, which means its primary purpose is to engage in business combinations with existing companies. These mergers and acquisitions open new pathways for growth and development, ensuring that Cartica aligns with businesses that possess significant potential for impact in their respective industries.
Company's Commitment to Shareholders
The management of Cartica Acquisition Corp, alongside its directors and executives, continues to prioritize transparency and engagement with its shareholders. As part of these efforts, they will be active participants in the solicitation of proxies for the upcoming Special Meeting. Detailed information about the individuals involved in this solicitation can typically be found in the definitive proxy statement prepared for the meeting.
Frequently Asked Questions
What is the new date for the Special Meeting?
The rescheduled Special Meeting will take place on January 3, 2025, at 9:00 a.m. Eastern Time.
Where is the new location for the meeting?
The meeting will be held at the offices of Morrison & Foerster LLP, located at 250 W 55th Street, New York, NY 10019.
What is the record date for voting?
The record date remains unchanged and is set for November 27, 2024.
How can shareholders submit their votes?
Shareholders can submit their votes by following the instructions on their proxy card, with a deadline of 12:00 p.m. Eastern Time on January 2, 2025.
Who can help if shareholders have questions?
Shareholders can contact Advantage Proxy, Inc. at (877) 870-8565 for assistance regarding the proxy process or any inquiries.
