![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Project Energy Reimagined Acquisition Corporation | NASDAQ:PEGRU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.45 | -3.42% | 12.70 | 9.96 | 15.94 | 12.70 | 12.70 | 12.70 | 160 | 21:00:01 |
| Dated: July 11, 2023 | | |
By Order of the Board of Directors,
|
|
| | | | | 1 | | | |
| | | | | 19 | | | |
| | | | | 20 | | | |
| | | | | 26 | | | |
| | | | | 28 | | | |
| | | | | 31 | | | |
| | | | | 41 | | | |
| | | | | 45 | | | |
| | | | | 48 | | | |
| | | | | 51 | | | |
| | | | | 53 | | | |
| | | | | 55 | | | |
| | | | | 56 | | | |
| | | | | 64 | | | |
| | | | | 67 | | | |
| | | | | 70 | | | |
| | | | | 70 | | | |
| | | | | 70 | | | |
| | | | | A-1 | | | |
| | | | | B-1 | | |
|
Q.
Why am I receiving this proxy statement?
|
| |
A. This proxy statement and the accompanying materials are being sent to you in connection with the solicitation of proxies by the Board, for use at the extraordinary general meeting to be held on August 1, 2023 at 12:00 p.m., Eastern Time, at the offices of Greenberg Traurig, LLP, located at 900 Stewart Avenue, Suite 505, Garden City, NY 11530, and via virtual meeting, or at such other time, on such other date and at such other place to which the extraordinary general meeting may be postponed or adjourned. This proxy statement summarizes the information that you need to make an informed decision on the proposals to be considered at the extraordinary general meeting.
We are a blank check company incorporated on February 10, 2021 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to as an initial business combination. On November 2, 2021, we consummated the IPO of 25,000,000 units, and on November 17, 2021, we consummated the sale of 1,377,660 additional units as a result of the underwriters’ partial exercise of their over-allotment option. A total of $263,776,600 of the proceeds from the IPO, including the partial exercise of the over-allotment option, and simultaneous private placements of private placement warrants was placed in the trust account. Like most blank check companies, the Articles provide for the return of the proceeds held in trust to the public shareholders if no qualifying business combination is consummated on or before a certain date (in our case, the Current Termination Date). The Board believes that it is advisable to (i) continue our existence until the Extended Date in order to allow us more time to complete an initial business combination, (ii) eliminate the Redemption Limitation and (iii) allow for Class B Conversion at any time and from time to time at the option of the holder, and is therefore submitting proposals to amend the Articles and the Trust Agreement to the shareholders to vote upon. In addition, the Board is proposing the re-appointment of Mr. Browning to the Board, the ratification of the selection by our audit committee of Marcum to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2023, and a measure to direct the chairman of the extraordinary general meeting to adjourn the extraordinary general meeting to a later date or dates or indefinitely, if necessary or convenient, under certain circumstances.
|
|
|
Q.
What is included in these materials?
|
| |
A. These materials include:
•
this proxy statement for the extraordinary general meeting;
•
a proxy card; and
•
our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on April 7, 2023 (our “2022 Form 10-K”).
|
|
|
Q.
What is being voted on?
|
| |
A.
You are being asked to vote on:
•
a proposal to amend the Articles, by way of special resolution, in the form set forth as the first resolution in Annex A to this proxy statement, to extend the date by which we must consummate an initial business combination from the Current Termination Date to the Extended Date, or such earlier date as determined by the Board, for a total extension of up to nine months after the Current Termination Date;
•
a proposal to amend the Articles, by way of special resolution, in the form set forth as the second resolution in Annex A to this proxy statement, to eliminate the Redemption Limitation;
•
a proposal to amend the Articles, by way of special resolution, in the form set forth as the third resolution in Annex A to this proxy statement, to provide for Class B Conversion at any time and from time to time at the option of the holder;
•
a proposal to amend the Trust Agreement, in the form set forth as Annex B to this proxy statement, to provide for the Extension;
•
a proposal to re-appoint, by way of ordinary resolution by the holders of Class B ordinary shares, Mr. Browning to the Board to serve until the third annual general meeting of shareholders following the extraordinary general meeting or until his successor is elected and qualified;
•
a proposal to ratify, by way of ordinary resolution, the selection by our audit committee of Marcum to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2023; and
•
a proposal to direct, by way of ordinary resolution, the chairman of the extraordinary general meeting to adjourn the extraordinary general meeting to a later date or dates or indefinitely, if necessary or convenient, to permit further solicitation and vote of proxies if, (i) based upon the tabulated vote at the time of the extraordinary general meeting, there are not sufficient votes to approve one or more of the foregoing proposals, (ii) the holders of public shares have elected to redeem an amount of shares in connection with any of the foregoing proposals such that the Company would not adhere to the continued listing requirements of Nasdaq or (iii) the Board determines before the extraordinary general meeting that it is not necessary or no longer desirable to proceed with one or more of the foregoing proposals.
The Articles Amendment Proposals and the Trust Amendment Proposal are essential to the overall implementation of the Board’s plan to extend the date that we have to complete an initial business combination, and approval of each of the Articles Amendment Proposals and the Trust Amendment Proposal is a condition to the implementation of the Extension. Each of the Articles Amendment Proposals and the Trust Amendment Proposal is cross-conditioned on the approval of each other.
While we have entered into a non-binding letter of intent with a prospective target, we have not yet executed a definitive agreement for an initial business combination. In the event that we enter into a
|
|
| | | |
definitive agreement for an initial business combination prior to the extraordinary general meeting, we will issue a press release and file a Current Report on Form 8-K with the SEC announcing such proposed business combination.
Our shareholders’ approval of the Articles Amendment Proposals and the Trust Amendment Proposal will constitute consent for us to instruct the trustee to (i) remove the Withdrawal Amount from the trust account and (ii) deliver to the holders of such redeemed public shares their pro rata portion of the Withdrawal Amount, and to retain the remainder of the funds in the trust account for our use in connection with consummating an initial business combination on or before the Extended Date.
If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the removal of the Withdrawal Amount from the trust account in connection with the Election will reduce our net asset value and the amount held in the trust account following the redemption, and the amount remaining in the trust account may be significantly reduced from the approximately $270.3 million that was in the trust account as of March 31, 2023 (not taking into account any subsequent withdrawal for our taxes payable or further accrual of interest earned on the funds held in the trust account). In such event, we may need to obtain additional funds to complete an initial business combination and there can be no assurance that such funds will be available on terms acceptable to us or at all.
If the Articles Amendment Proposals and the Trust Amendment Proposal are not approved and we do not consummate an initial business combination by the Current Termination Date, as contemplated by the IPO Prospectus and in accordance with the Articles, or if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented but we do not consummate an initial business combination by the Extended Date, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Board, liquidate and dissolve, in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Extended Date.
|
|
| | | | Our initial shareholders, officers and directors have agreed to waive their redemption rights with respect to the founder shares, and, with respect to our sponsor, officers and directors, any public shares they may hold, in connection with the consummation of an initial business combination or the approval of certain amendments to the Articles, including with respect to the Articles Amendment Proposals, and to waive their rights to liquidating distributions from the trust account with respect to the founder shares if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Extended Date. As a consequence of such waivers, any liquidating distribution that is made will be only with respect to the public shares; however, such persons would be entitled to liquidating distributions from the trust account with respect to any public shares they hold. We will pay the costs of liquidation from up to $100,000 of interest from the trust account and our remaining assets held outside of the trust account. | |
|
Q.
Why are we proposing the Extension Amendment Proposal and the Trust Amendment Proposal?
|
| |
A. The Articles provide for the return of the proceeds held in trust to the public shareholders if no qualifying business combination is consummated on or before the Current Termination Date. Accordingly, the Trust Agreement provides for the trustee to liquidate the trust account and distribute to each public shareholder its pro rata share of such funds if a qualifying business combination is not consummated on or before such date provided in the Articles. As we explain below, we will not be able to complete an initial business combination by that date.
While we have entered into a non-binding letter of intent with a prospective target, we have not yet executed a definitive agreement for an initial business combination. We currently anticipate entering into such an agreement with such prospective target, but the Board currently believes that there is not sufficient time before the Current Termination Date to consummate an initial business combination. Accordingly, the Board believes that, in order to be able to consummate an initial business combination, we should obtain the Extension. Therefore, the Board has determined that it is advisable to extend the date that we have to consummate an initial business combination to the Extended Date. In the event that we enter into a definitive agreement for an initial business combination prior to the extraordinary general meeting, we will issue a press release and file a Current Report on Form 8-K with the SEC announcing such proposed business combination.
Because we will not be able to complete an initial business combination within the permitted time period under the Articles, we have determined to seek shareholder approval to extend the date by which we must consummate an initial business combination.
We believe that given our expenditure of time, effort and money on finding a potential initial business combination, circumstances warrant providing our shareholders an opportunity to consider an initial business combination. Accordingly, the Board is proposing the Extension Amendment Proposal and the Trust Amendment Proposal to extend our corporate existence.
You are not being asked to vote on an initial business combination at this
|
|
| | | | time. If the Extension is implemented and you do not make the Election to redeem all of your public shares in connection with the Extension, you will retain the right to vote on an initial business combination when it is submitted to the public shareholders (provided that you are a shareholder on the record date for a meeting to consider such business combination) and the right to redeem your public shares for a pro rata portion of the trust account in the event an initial business combination is approved and completed or we have not consummated an initial business combination by the Extended Date. | |
|
Q.
Why should I vote for the Extension Amendment Proposal and the Trust Proposal?
|
| |
A. The Board believes our shareholders should have an opportunity to evaluate a potential initial business combination with one or more of our prospective targets, which may include the prospective target with which we have entered into a non-binding letter of intent. Accordingly, the Board is proposing the Extension Amendment Proposal and the Trust Amendment Proposal to extend the date by which we must consummate an initial business combination until the Extended Date.
A special resolution under Cayman Islands law, being the affirmative vote of at least a two-thirds (2/3) majority of the ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting, is required to effect an amendment to the Articles that would extend our corporate existence beyond the Current Termination Date, and the affirmative vote of at least sixty-five percent (65%) of all then outstanding ordinary shares entitled to vote thereon at the extraordinary general meeting is required to effect the Trust Amendment. Additionally, the IPO Prospectus and the Articles require that all public shareholders have an opportunity to redeem their public shares in the case that our corporate existence is extended. We believe that this provision was included to protect our shareholders from having to sustain their investments for an unreasonably long period if we do not consummate a suitable initial business combination in the timeframe contemplated by the Articles. Given our expenditure of time, effort and money on finding a potential initial business combination, we believe circumstances warrant providing those who would like to consider whether a potential initial business combination with one or more of our prospective targets, which may include the prospective target with which we have entered into a non-binding letter of intent, is an attractive investment with an opportunity to consider such transaction, inasmuch as we are also affording public shareholders who wish to redeem all or a portion of their public shares the opportunity to do so, as required under the Articles. Accordingly, we believe the Extension is consistent with the Articles and the IPO Prospectus.
|
|
|
Q.
Why are we proposing the Redemption Limitation Amendment Proposal?
|
| | A. The purpose of the Redemption Limitation Amendment Proposal is to eliminate from the Articles the Redemption Limitation. If the Redemption Limitation Amendment Proposal is not approved and there are significant requests for redemption such that the Redemption Limitation would be exceeded, the Redemption Limitation may prevent us from being able to proceed with the Extension or consummate an initial business combination. The Board believes that it is advisable for us to be allowed to effect redemptions and proceed with the Extension or consummate an initial business combination | |
| | | | irrespective of the Redemption Limitation. | |
|
Q.
Why are we proposing the Founder Share Amendment Proposal?
|
| | A. The purpose of the Founder Share Amendment Proposal is to provide our initial shareholders with the flexibility to assist us in meeting Nasdaq continued listing requirements prior to the consummation of an initial business combination. The Board believes that it is advisable to provide such flexibility to our initial shareholders as it may aid us in retaining investors and meeting continued listing requirements necessary to continue to pursue an initial business combination. | |
|
Q.
How do insiders intend to vote their shares?
|
| |
A. Our sponsor, officers and directors are expected to vote any ordinary shares over which they have voting control (including any public shares owned by them) in favor of the Extension Amendment Proposal, the Redemption Limitation Amendment Proposal, the Founder Share Amendment Proposal, the Trust Amendment Proposal, the Director Appointment Proposal, the Auditor Ratification Proposal and the Adjournment Proposal.
Our initial shareholders, officers, directors and their affiliates collectively beneficially own an aggregate of 6,594,415 founder shares, representing 20% of our issued and outstanding ordinary shares, of which 1,171,717 founder shares, or approximately 3.6% of our issued and outstanding ordinary shares, are held directly by certain of our anchor investors. Such anchor investors will have the discretion to vote any ordinary shares over which they have voting control (including any public shares owned by them) in any manner they choose with respect to the Extension Amendment Proposal, the Redemption Limitation Amendment Proposal, the Founder Share Amendment Proposal, the Trust Amendment Proposal, the Director Appointment Proposal, the Auditor Ratification Proposal and the Adjournment Proposal, although their ownership of founder shares may make it more likely that they will vote in favor of such proposals.
The founder shares will automatically convert into Class A ordinary shares at the time of our initial business combination, on a one-for-one basis, subject to adjustment. If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, our initial shareholders may convert the founder shares into Class A ordinary shares at any time and from time to time, including prior to any redemption in connection with the implementation of the Extension. Notwithstanding any such Class B Conversion, the initial shareholders will not be entitled to receive any funds held in the trust account with respect to any such converted shares.
Our initial shareholders, officers and directors have agreed to waive their redemption rights with respect to the founder shares, and, with respect to our sponsor, officers and directors, any public shares they may hold, in connection with the consummation of an initial business combination or the approval of certain amendments to the Articles, including with respect to the Articles Amendment Proposals, and to waive their rights to liquidating distributions from the trust account with respect to the founder shares if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Extended Date.
|
|
| | | |
However, such persons would be entitled to liquidating distributions from the trust account with respect to any public shares they hold if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Extended Date.
Subject to applicable securities laws (including with respect to material nonpublic information), our initial shareholders, officers, directors, advisors or their affiliates may (i) purchase public shares from institutional and other investors (including those who vote, or indicate an intention to vote, against any of the proposals presented at the extraordinary general meeting, or elect to redeem, or indicate an intention to redeem, public shares), (ii) enter into transactions with such investors and others to provide them with incentives to not redeem their public shares, or (iii) execute agreements to purchase such public shares from such investors or enter into non-redemption agreements in the future. In the event that our initial shareholders, officers, directors, advisors or their affiliates purchase public shares in situations in which the tender offer rules restrictions on purchases would apply, they (a) would purchase the public shares at a price no higher than the price offered through our redemption process; (b) would represent in writing that such public shares will not be voted in favor of approving the Extension; and (c) would waive in writing any redemption rights with respect to the public shares so purchased.
Furthermore, our sponsor may enter into arrangements with a limited number of public shareholders pursuant to which such shareholders would agree not to redeem their public shares in connection with the Extension. Our sponsor may provide such shareholders either founder shares, membership interests in our sponsor or other consideration pursuant to such arrangements.
To the extent any such purchases by our initial shareholders, officers, directors, advisors or their affiliates are made in situations in which the tender offer rules restrictions on purchases apply, we will disclose in a Current Report on Form 8-K prior to the extraordinary general meeting the following: (i) the number of public shares purchased outside of the redemption offer, along with the purchase price(s) for such public shares; (ii) the purpose of any such purchases; (iii) the impact, if any, of the purchases on the likelihood that the Articles Amendment Proposals and the Trust Amendment Proposal will be approved; (iv) the identities of the securityholders who sold to our initial shareholders, officers, directors, advisors or their affiliates (if not purchased on the open market) or the nature of the securityholders (e.g., five percent security holders) who sold such public shares; and (v) the number of public shares for which we have received redemption requests pursuant to the redemption offer.
The purpose of such share purchases and other transactions would be to increase the likelihood of otherwise limiting the number of public shares electing to redeem.
If such transactions are effected, the consequence could be to cause the Extension to be effectuated in circumstances where such effectuation could not otherwise occur. Consistent with SEC guidance, purchases of shares by the persons described above would not be
|
|
| | | |
permitted to be voted for the Extension at the extraordinary general meeting, or any subsequent proposed initial business combination, and could decrease the chances that the Articles Amendment Proposals and the Trust Amendment Proposal will be approved, or that a subsequent proposed initial business combination would be approved. In addition, if such purchases are made, the public “float” of our securities and the number of beneficial holders of our securities may be reduced, possibly making it difficult to maintain or obtain the quotation, listing or trading of our securities on a national securities exchange.
We hereby represent that any of our securities purchased by our initial shareholders, officers, directors, advisors or their affiliates in situations in which the tender offer rules restrictions on purchases would apply will not be voted in favor of approving the Articles Amendment Proposals or the Trust Amendment Proposal.
|
|
|
Q.
What vote is required to approve each of the proposals?
|
| |
A. Approval of each of the Extension Amendment Proposal, the Redemption Limitation Amendment Proposal and the Founder Share Amendment Proposal requires a special resolution under Cayman Islands law, being the affirmative vote of at least a two-thirds (2/3) majority of the ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting; approval of the Trust Amendment Proposal requires the affirmative vote of at least sixty-five percent (65%) of all then outstanding ordinary shares entitled to vote thereon at the extraordinary general meeting; approval of the re-appointment of the director named in the Director Appointment Proposal requires an ordinary resolution under Cayman Islands law of the holders of Class B ordinary shares, being the affirmative vote of at least a majority of the Class B ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting; and approval of each of the Auditor Ratification Proposal and the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of at least a majority of the ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting.
A quorum of shareholders is necessary to hold a valid meeting. Holders of a majority in voting power of our issued and outstanding ordinary shares entitled to vote at the extraordinary general meeting, present in person (including by virtual attendance) or by proxy, constitute a quorum. Your shares will be counted towards the quorum only if you submit a valid proxy (or one is submitted on your behalf by your broker, bank or other nominee) or if you vote in person or online at the extraordinary general meeting. Abstentions and broker non-votes will be counted towards the quorum requirement. If there is no quorum within half an hour from the time appointed for the extraordinary general meeting, the extraordinary general meeting will stand adjourned to the same day in the next week at the same time and/or place or to such other day, time and/or place as the Board may determine. If at the adjourned meeting a quorum is not present within half an hour from the time appointed for the extraordinary general meeting to commence, the shareholders present shall be a quorum. As of the record date for the extraordinary general meeting, 16,486,038
|
|
| | | |
ordinary shares would be required to achieve a quorum.
If you abstain, do not vote or do not instruct your broker or bank how to vote, your action will have the effect of a vote against the Trust Amendment Proposal. Failure to vote in person (including by virtual attendance) or by proxy at the extraordinary general meeting, if a valid quorum is otherwise established, will have no effect on the outcome of the vote on the other proposals. Abstentions and broker non-votes, while considered present for the purposes of establishing a quorum, will not count as votes cast for the other proposals and will have no effect on the outcome of the vote on the other proposals.
|
|
|
Q.
What if I don’t want to vote for the Articles Amendment Proposals or the Trust Amendment Proposal?
|
| | A. If you do not want the Articles Amendment Proposals or the Trust Amendment Proposal to be approved, you must vote against, abstain or not vote on such proposals. If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Withdrawal Amount will be withdrawn from the trust account and paid to the redeeming public shareholders. | |
|
Q.
Will you seek any further extensions to consummate an initial business combination?
|
| | A. Other than the Extension until the Extended Date as described in this proxy statement, we do not currently anticipate seeking any further extensions to consummate an initial business combination. We have provided that all public shareholders, including those who vote for the Articles Amendment Proposals and the Trust Amendment Proposal, abstain, do not vote, or do not instruct their broker or bank how to vote, may make the Election to redeem all or a portion of their public shares into their pro rata portion of the trust account and, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, should receive the funds soon after the extraordinary general meeting. Those public shareholders who do not make the Election to redeem all of their public shares in connection with the Extension will retain redemption rights with respect to an initial business combination we may propose, or, if we do not consummate an initial business combination by the Extended Date, such holders will be entitled to their pro rata portion of the trust account on such date. | |
|
Q.
What happens if the Articles Amendment Proposals and the Trust Amendment Proposal are not approved?
|
| | A. If the Articles Amendment Proposals and the Trust Amendment Proposal are not approved and we do not consummate an initial business combination by the Current Termination Date, as contemplated by the IPO Prospectus and in accordance with the Articles, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Board, liquidate and dissolve, in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our | |
| | | |
warrants, which will expire worthless if we do not complete an initial business combination by the Current Termination Date.
Our initial shareholders, officers and directors have agreed to waive their redemption rights with respect to the founder shares, and, with respect to our sponsor, officers and directors, any public shares they may hold, in connection with the consummation of an initial business combination or the approval of certain amendments to the Articles, including with respect to the Articles Amendment Proposals, and to waive their rights to liquidating distributions from the trust account with respect to the founder shares if we do not complete an initial business combination by the Current Termination Date. As a consequence of such waivers, any liquidating distribution that is made will be only with respect to the public shares; however, such persons would be entitled to liquidating distributions from the trust account with respect to any public shares they hold. We will pay the costs of liquidation from up to $100,000 of interest from the trust account and our remaining assets held outside of the trust account.
|
|
|
Q.
If the Articles Amendment Proposals and the Trust Amendment Proposal are approved, what happens next?
|
| |
A. We will continue our efforts to execute a definitive agreement for an initial business combination with one or more of our prospective targets, which may include the prospective target with which we have entered into a non-binding letter of intent.
If we execute such an agreement, we will seek to complete the potential initial business combination, which will involve:
•
completing proxy materials;
•
establishing a meeting date and record date for considering such potential initial business combination and distributing proxy materials to shareholders;
•
holding an extraordinary general meeting to consider such potential initial business combination; and
•
if approved, consummating such potential initial business combination.
We are seeking approval of the Articles Amendment Proposals and the Trust Amendment Proposal because we will not be able to complete all of the above listed tasks prior to the Current Termination Date.
Upon approval of the Articles Amendment Proposals and the Trust Amendment Proposal by our shareholders, we will (i) procure that all filings required to be made with the Registrar of Companies of the Cayman Islands in connection with the Articles Amendment Proposals are made and (ii) enter into the Trust Amendment with Continental Stock Transfer & Trust Company. We will remain a reporting company under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and our units, Class A ordinary shares and warrants will remain publicly traded. We will then continue to attempt to complete an initial business combination by the Extended Date. Additionally, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, our initial shareholders may convert the founder shares into Class A ordinary shares at any time and from time to time, including prior to any redemption in connection with the implementation of the Extension. Notwithstanding any such Class B Conversion, the initial
|
|
| | | |
shareholders will not be entitled to receive any funds held in the trust account with respect to any such converted shares.
If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the removal of the Withdrawal Amount from the trust account will reduce our net asset value and the amount remaining in the trust account and increase the percentage interest of our ordinary shares held by our initial shareholders, directors, officers and their affiliates through their beneficial ownership of the founder shares.
If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented but we do not consummate an initial business combination by the Extended Date, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Board, liquidate and dissolve, in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are and the Extension is implemented, the Extended Date.
Our initial shareholders, officers and directors have agreed to waive their redemption rights with respect to the founder shares, and, with respect to our sponsor, officers and directors, any public shares they may hold, in connection with the consummation of an initial business combination or the approval of certain amendments to the Articles, including with respect to the Articles Amendment Proposals, and to waive their rights to liquidating distributions from the trust account with respect to the founder shares if we do not complete an initial business combination by the Current Termination Date or, if the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, the Extended Date. As a consequence of such waivers, any liquidating distribution that is made will be only with respect to the public shares; however, such persons would be entitled to liquidating distributions from the trust account with respect to any public shares they hold. We will pay the costs of liquidation from up to $100,000 of interest from the trust account and our remaining assets held outside of the trust account.
|
|
|
Q.
Would I still be able to exercise my redemption rights if I vote against a potential
|
| |
A. Unless you make the Election to redeem all of your public shares in connection with the Extension, you will still be able to vote on an initial business combination when it is submitted to shareholders
|
|
|
initial business combination?
|
| | (provided that you are a shareholder on the record date for a meeting to consider such business combination). If you disagree with such business combination, you will retain your right to redeem your public shares upon consummation of such business combination in connection with the shareholder vote to approve such business combination, subject to any limitations set forth in the Articles. | |
|
Q.
How do I attend the extraordinary general meeting?
|
| |
A. The extraordinary general meeting will be held on August 1, 2023 at 12:00 p.m., Eastern Time, at the offices of Greenberg Traurig, LLP, located at 900 Stewart Avenue, Suite 505, Garden City, NY 11530, and via virtual meeting, or at such other time, on such other date and at such other place to which the extraordinary general meeting may be postponed or adjourned.
The extraordinary general meeting will be conducted via live webcast, but the physical location of the extraordinary general meeting will remain at the location specified above for the purposes of the Articles. If you are a shareholder of record, you will be able to attend, vote your shares and submit questions during the extraordinary general meeting in person or via a live webcast available at https://www.cstproxy.com/pegyr/2023. You will need your control number for access. If you do not have your control number, contact Continental Stock Transfer & Trust Company, our transfer agent, by telephone at 917-262-2373 or by e-mail at proxy@continentalstock.com. If you hold your shares through a bank, broker or other intermediary, you will need to contact such bank, broker or other intermediary and obtain a legal proxy. Once you have your legal proxy, e-mail a copy of your legal proxy to our transfer agent at least five business days prior to the extraordinary general meeting date to have a control number generated.
You may also attend the extraordinary general meeting telephonically by dialing 1-800-450-7155 (toll-free within the United States and Canada) or +1 857-999-9155 (outside of the United States and Canada, standard rates apply). The passcode for telephone access is 9567202#, but please note that you will not be able to vote or submit questions if you choose to attend the extraordinary general meeting telephonically.
See the section of this proxy statement entitled “The Extraordinary General Meeting” for more detailed information.
|
|
|
Q.
How do I change my vote?
|
| | A. If you have submitted a proxy to vote your shares and wish to change your vote, you may do so by delivering a later-dated, signed proxy card to Morrow Sodali LLC, our proxy solicitor, prior to the date of the extraordinary general meeting or by voting in person (including by virtual attendance) at the extraordinary general meeting. Virtual attendance at the extraordinary general meeting alone will not change your vote. You also may revoke your proxy by sending a notice of revocation to: Morrow Sodali LLC, 333 Ludlow Street, 5th Floor, South Tower, Stamford, CT 06902. | |
|
Q.
How are votes counted?
|
| | A. Votes will be counted by the inspector of election appointed for the extraordinary general meeting, who will separately count “FOR” and “AGAINST” votes, abstentions and broker non-votes. Approval of each of the Extension Amendment Proposal, the Redemption Limitation Amendment Proposal and the Founder Share Amendment Proposal requires a special resolution under Cayman Islands law, being | |
| | | |
the affirmative vote of at least a two-thirds (2/3) majority of the ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting; approval of the Trust Amendment Proposal requires the affirmative vote of at least sixty-five percent (65%) of all then outstanding ordinary shares entitled to vote thereon at the extraordinary general meeting; approval of the re-appointment of the director named in the Director Appointment Proposal requires an ordinary resolution under Cayman Islands law of the holders of Class B ordinary shares, being the affirmative vote of at least a majority of the Class B ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting; and approval of each of the Auditor Ratification Proposal and the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of at least a majority of the ordinary shares entitled to vote thereon and voted in person (including by virtual attendance) or by proxy at the extraordinary general meeting.
A quorum of shareholders is necessary to hold a valid meeting. Holders of a majority in voting power of our issued and outstanding ordinary shares entitled to vote at the extraordinary general meeting, present in person (including by virtual attendance) or by proxy, constitute a quorum. Your shares will be counted towards the quorum only if you submit a valid proxy (or one is submitted on your behalf by your broker, bank or other nominee) or if you vote in person or online at the extraordinary general meeting. Abstentions and broker non-votes will be counted towards the quorum requirement. If there is no quorum within half an hour from the time appointed for the extraordinary general meeting, the extraordinary general meeting will stand adjourned to the same day in the next week at the same time and/or place or to such other day, time and/or place as the Board may determine. If at the adjourned meeting a quorum is not present within half an hour from the time appointed for the extraordinary general meeting to commence, the shareholders present shall be a quorum. As of the record date for the extraordinary general meeting, 16,486,038 ordinary shares would be required to achieve a quorum.
If you abstain, do not vote or do not instruct your broker or bank how to vote, your action will have the effect of a vote against the Trust Amendment Proposal. Failure to vote in person (including by virtual attendance) or by proxy at the extraordinary general meeting, if a valid quorum is otherwise established, will have no effect on the outcome of the vote on the other proposals. Abstentions and broker non-votes, while considered present for the purposes of establishing a quorum, will not count as votes cast for the other proposals and will have no effect on the outcome of the vote on the other proposals.
If your shares are held by your broker as your nominee (that is, in “street name”), you may need to obtain a proxy form from the institution that holds your shares and follow the instructions included on that form regarding how to instruct your broker to vote your shares. If you do not give instructions to your broker, your broker can vote your shares with respect to “discretionary” items, but not with respect to “non-discretionary” items. Discretionary items are proposals considered routine under the rules of various national securities
|
|
| | | | exchanges applicable to member brokerage firms. These rules provide that for routine matters your broker has the discretion to vote shares held in street name in the absence of your voting instructions. On non-discretionary items for which you do not give your broker instructions, the shares will be treated as broker non-votes. | |
|
Q.
If my shares are held in “street name,” will my broker automatically vote them for me?
|
| |
A. Your broker may automatically vote your shares with respect to the Auditor Ratification Proposal, which we believe is a “discretionary” item.
We believe all of the other proposals are “non-discretionary” items, meaning your broker can vote your shares with respect to such proposals only if you provide your broker with instructions on how to vote. You should instruct your broker to vote your shares. Your broker can tell you how to provide these instructions. If you do not give your broker instructions, your shares may be treated as broker non-votes with respect to such proposals.
|
|
|
Q.
What is a quorum requirement?
|
| |
A. A quorum of shareholders is necessary to hold a valid meeting. Holders of a majority in voting power of our issued and outstanding ordinary shares entitled to vote at the extraordinary general meeting, present in person (including by virtual attendance) or by proxy, constitute a quorum.
Your shares will be counted towards the quorum only if you submit a valid proxy (or one is submitted on your behalf by your broker, bank or other nominee) or if you vote in person or online at the extraordinary general meeting. Abstentions and broker non-votes will be counted towards the quorum requirement. If there is no quorum within half an hour from the time appointed for the extraordinary general meeting, the extraordinary general meeting will stand adjourned to the same day in the next week at the same time and/or place or to such other day, time and/or place as the Board may determine. If at the adjourned meeting a quorum is not present within half an hour from the time appointed for the extraordinary general meeting to commence, the shareholders present shall be a quorum. As of the record date for the extraordinary general meeting, 16,486,038 ordinary shares would be required to achieve a quorum.
|
|
|
Q.
Who can vote at the extraordinary general meeting?
|
| |
A. Only holders of record of our ordinary shares at the close of business on June 29, 2023, the record date, are entitled to have their vote counted at the extraordinary general meeting and any adjournments or postponements thereof. Pursuant to the Articles, until the consummation of our initial business combination, only holders of Class B ordinary shares have the right to vote on the appointment or removal of directors. Therefore, only holders of Class B ordinary shares are entitled to vote on the Director Appointment Proposal. On the record date there were 32,972,075 ordinary shares issued and outstanding, consisting of 26,377,660 Class A ordinary shares and 6,594,415 Class B ordinary shares. Our warrants do not have voting rights.
Shareholder of Record: Shares Registered in Your Name. If on the record date your shares were registered directly in your name with our transfer agent, Continental Stock Transfer & Trust Company, then you are a shareholder of record. As a shareholder of record, you may vote in person (including by virtual attendance) at the extraordinary general meeting or vote by proxy.
|
|
| | | |
Beneficial Owner: Shares Registered in the Name of a Broker or Bank. If on the record date your shares were held, not in your name, but rather in an account at a brokerage firm, bank, dealer, or other similar organization, then you are the beneficial owner of shares held in “street name” and these proxy materials are being forwarded to you by that organization. As a beneficial owner, you have the right to direct your broker or other agent on how to vote the shares in your account. You are also invited to attend the extraordinary general meeting in person or online. However, since you are not the shareholder of record, you may not vote your shares in person (including by virtual attendance) at the extraordinary general meeting unless you request and obtain a valid proxy from your broker or other agent.
Shareholders are urged to vote their proxies by completing, signing, dating and returning the enclosed proxy card in the accompanying pre-addressed postage paid envelope, or to direct their brokers or other agents on how to vote the shares in their accounts, as applicable.
|
|
|
Q.
How does the Board recommend I vote?
|
| | A. After careful consideration of all relevant factors, the Board has determined that the Extension Amendment Proposal, the Redemption Limitation Amendment Proposal, the Founder Share Amendment Proposal, the Trust Amendment Proposal, the Director Appointment Proposal, the Auditor Ratification Proposal and, if presented, the Adjournment Proposal, are advisable and unanimously recommends that you vote or give instruction to vote “FOR” such proposals. | |
|
Q.
What interests do our initial shareholders, directors and officers have in the approval of the proposals?
|
| | A. Our initial shareholders, directors and officers have interests in the proposals that may be different from, or in addition to, your interests as a shareholder. These interests include ownership of the founder shares and the private placement warrants that may become exercisable in the future, and the possibility of future compensatory arrangements. See the section of this proxy statement entitled “Proposal No. 1 — The Extension Amendment Proposal — Interests of Our Initial Shareholders, Directors and Officers.” | |
|
Q.
What if I object to the Articles Amendment Proposals or the Trust Amendment Proposal? Do I have appraisal rights?
|
| | A. If you do not want the Articles Amendment Proposals and the Trust Amendment Proposal to be approved, you must vote against, abstain or not vote on such proposals. If public shareholders do not make the Election to redeem all of their public shares in connection with the Extension, such holders will retain redemption rights in connection with an initial business combination. You will still be entitled to make the Election if you vote against, abstain or do not vote on the Articles Amendment Proposals and the Trust Amendment Proposal. In addition, public shareholders who do not make the Election would be entitled to redemption if we implement the Extension and do not complete an initial business combination by the Extended Date. Our shareholders do not have appraisal rights in connection with the Articles Amendment Proposals, the Trust Amendment Proposal or any of the other proposals under the Articles or Cayman Islands law. | |
|
Q.
What happens to our warrants if the Articles Amendment Proposals and the Trust Amendment Proposal are not approved?
|
| | A. If the Articles Amendment Proposals and the Trust Amendment Proposal are not approved and we do not consummate an initial business combination by the Current Termination Date, as contemplated by the IPO Prospectus and in accordance with the Articles, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than | |
| | | | ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Board, liquidate and dissolve, in the case of clauses (ii) and (iii) to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we do not complete an initial business combination by the Current Termination Date. | |
|
Q.
What happens to our warrants if the Articles Amendment Proposals and the Trust Amendment Proposal are approved?
|
| | A. If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, we will continue to attempt to complete an initial business combination by the Extended Date and will retain the blank check company restrictions previously applicable to us. Our warrants will remain outstanding in accordance with their terms and will become exercisable 30 days after the completion of an initial business combination. The warrants will expire at 5:00 p.m., New York City time, five years after the completion of an initial business combination or earlier upon redemption or liquidation. | |
|
Q.
What do I need to do now?
|
| | A. We urge you to read carefully and consider the information contained in this proxy statement, including the annexes to this proxy statement, and to consider how the proposals will affect you as a shareholder. You should then vote as soon as possible in accordance with the instructions provided in this proxy statement and on the enclosed proxy card. | |
|
Q.
How do I vote?
|
| |
A. If you are a holder of record of our ordinary shares, you may vote in person (including by virtual attendance) at the extraordinary general meeting or by submitting a proxy for the extraordinary general meeting. You may submit your proxy by completing, signing, dating and returning the enclosed proxy card in the accompanying pre-addressed postage paid envelope. You may still attend the extraordinary general meeting and vote in person or online if you have already voted by proxy.
If your ordinary shares are held in “street name” by a broker or other agent, you have the right to direct your broker or other agent on how to vote the shares in your account. You are also invited to attend the extraordinary general meeting in person or online. However, since you are not the shareholder of record, you may not vote your shares in person (including by virtual attendance) at the extraordinary general meeting unless you request and obtain a valid proxy from your broker or other agent.
Shareholders are urged to vote their proxies by completing, signing, dating and returning the enclosed proxy card in the accompanying pre-addressed postage paid envelope, or to direct their brokers or other agents on how to vote the shares in their accounts, as applicable.
|
|
|
Q.
How do I redeem my public shares?
|
| |
A. Pursuant to the Articles, each public shareholder may seek to redeem all or a portion of such shareholder’s public shares for its pro rata portion of the funds available in the trust account, including interest earned on the funds held in the trust account and not previously released to us (less taxes payable), in connection with the approval of the Articles Amendment Proposals and the Trust Amendment Proposal and the implementation of the Extension. If the Articles Amendment Proposals and the Trust Amendment Proposal are approved and the Extension is implemented, we anticipate that such shareholders who made the Election to redeem their public shares in connection with the Election would receive payment of the redemption price for such shares soon after the extraordinary general meeting. Unless you make the Election to redeem all of your public shares in connection with the Extension, you will still be able to redeem your public shares in connection with any shareholder vote to approve an initial business combination, or if we have not consummated an initial business combination by the Extended Date.
To demand redemption with respect to all or a portion of your public shares in connection with the Extension, prior to 5:00 p.m., Eastern Time, on July 28, 2023 (two business days before the extraordinary general meeting), you must elect either to physically tender your share certificate(s) representing such shares to Continental Stock Transfer & Trust Company, our transfer agent, at Continental Stock Transfer & Trust Company, One State Street, 30th Floor, New York, New York 10004-1561, Attn: SPAC Redemption Team, Email: spacredemptions@continentalstock.com, or deliver such shares to our transfer agent electronically using The Depository Trust Company’s DWAC (Deposit/Withdrawal At Custodian) system, which election would likely be determined based on the manner in which you hold your shares. If properly demanded, we will redeem each public share for a pro rata portion of the funds available in the trust account, including interest earned on the funds held in the trust account and not previously released to us (less taxes payable), calculated as of two business days prior to the extraordinary general meeting.
Certificates that have not been tendered in accordance with these procedures at least two business days prior to the extraordinary general meeting will not be redeemed for a pro rata portion of the funds held in the trust account. In the event that a public shareholder tenders its shares and decides prior to the implementation of the Extension that it does not want to redeem its shares, the shareholder may withdraw the tender until the deadline for exercising redemption requests and, thereafter, with our consent. If you delivered your shares for redemption to our transfer agent and decide within the required timeframe not to redeem your shares, you may request that our transfer agent return the shares (physically or electronically). You may make such request by contacting our transfer agent at the address listed above.
|
|
|
Q.
What should I do if I receive more than one set of voting materials?
|
| | A. You may receive more than one set of voting materials, including multiple copies of this proxy statement and multiple proxy cards or voting instruction cards, if your shares are registered in more than one name or are registered in different accounts. For example, if you hold your shares in more than one brokerage account, you will receive a separate voting instruction card for each brokerage account in which | |
| | | | you hold shares. Please complete, sign, date and return each proxy card and voting instruction card that you receive in order to cast a vote with respect to all of your ordinary shares. | |
|
Q.
Who is paying for this proxy solicitation?
|
| | A. We will pay for the entire cost of soliciting proxies. In addition to these mailed proxy materials, our directors and officers may also solicit proxies in person, by telephone or by other means of communication. These parties will not be paid any additional compensation for soliciting proxies. We may also reimburse brokerage firms, banks and other agents for the cost of forwarding proxy materials to beneficial owners. | |
|
Q.
Where do I find the voting results of the extraordinary general meeting?
|
| | A. We will announce preliminary voting results at the extraordinary general meeting. The final voting results will be tallied by the inspector of election and disclosed in a Current Report on Form 8-K, which we are required to file with the SEC within four business days following the extraordinary general meeting. | |
|
Q.
Who can help answer my questions?
|
| |
A. If you have questions, you may write or call our proxy solicitor:
Morrow Sodali LLC
333 Ludlow Street, 5th Floor, South Tower Stamford, CT 06902 Telephone: (800) 662-5200 Banks and brokers: (203) 658-9400 E-mail: PEGR.info@investor.morrowsodali.com
You may also obtain additional information about us from documents filed with the SEC by following the instructions in the section of this proxy statement entitled “Where You Can Find More Information.”
|
|
Name
|
| |
Age
|
| |
Position
|
|
Srinath Narayanan | | | 55 | | | Chief Executive Officer and Director | |
Sanjay Mehta | | | 55 | | | President and Director | |
Prakash Ramachandran | | | 59 | | | Chief Financial Officer | |
David Roberts | | | 47 | | | Chief Operating Officer | |
Tim Dummer | | | 58 | | | Head of Business Strategy | |
Kathy Liu | | | 48 | | | Head of Technology Strategy | |
Michael Browning | | | 77 | | | Chairman and Director | |
Nina Jensen | | | 47 | | | Director | |
Eric Spiegel | | | 65 | | | Director | |
| | |
Class A Ordinary Shares
|
| |
Class B Ordinary Shares
|
| |
Approximate
Percentage of Outstanding Ordinary Shares |
| |||||||||||||||||||||
Name and Address of Beneficial Owner(1)
|
| |
Number of
Shares Beneficially Owned |
| |
Approximate
Percentage of Class |
| |
Number of
Shares Beneficially Owned(2) |
| |
Approximate
Percentage of Class |
| ||||||||||||||||||
Smilodon Capital, LLC(3)
|
| | | | — | | | | | | — | | | | | | 5,272,698 | | | | | | 80.0% | | | | | | 16.0% | | |
Srinath Narayanan(3)
|
| | | | — | | | | | | — | | | | | | 5,272,698 | | | | | | 80.0% | | | | | | 16.0% | | |
Sanjay Mehta
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Prakash Ramachandran
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
David Roberts
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Tim Dummer
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Kathy Liu
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Michael Browning
|
| | | | — | | | | | | — | | | | | | 50,000 | | | | | | * | | | | | | * | | |
Nina Jensen
|
| | | | — | | | | | | — | | | | | | 50,000 | | | | | | * | | | | | | * | | |
Eric Spiegel
|
| | | | — | | | | | | — | | | | | | 50,000 | | | | | | * | | | | | | * | | |
All executive officers and directors as a group (9 individuals)
|
| | | | — | | | | | | — | | | | | | 5,422,698 | | | | | | 82.2% | | | | | | 16.4% | | |
Apollo Management Holdings GP, LLC(4)
|
| | | | 2,475,000 | | | | | | 9.4% | | | | | | — | | | | | | — | | | | | | 7.5% | | |
Atalaya Capital Management LP(5)
|
| | | | 2,475,000 | | | | | | 9.4% | | | | | | — | | | | | | — | | | | | | 7.5% | | |
Radcliffe Capital Management, L.P.(6)
|
| | | | 2,357,047 | | | | | | 8.9% | | | | | | 200,000 | | | | | | 3.0% | | | | | | 7.8% | | |
Citadel Advisors LLC(7)
|
| | | | 2,216,051 | | | | | | 8.4% | | | | | | — | | | | | | — | | | | | | 6.7% | | |
Millennium Management LLC(8)
|
| | | | 1,716,723 | | | | | | 6.5% | | | | | | — | | | | | | — | | | | | | 5.2% | | |
Oasis Management Company Ltd.(9)
|
| | | | 1,700,000 | | | | | | 6.4% | | | | | | — | | | | | | — | | | | | | 5.2% | | |
Cowen Financial Products LLC(10)
|
| | | | 1,500,000 | | | | | | 5.7% | | | | | | — | | | | | | — | | | | | | 4.5% | | |
D.E. Shaw Valence Portfolios, L.L.C.(11)
|
| | | | 1,485,000 | | | | | | 5.6% | | | | | | 200,000 | | | | | | 3.0% | | | | | | 5.1% | | |
1 Year Project Energy Reimagine... Chart |
1 Month Project Energy Reimagine... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions