Cascadia Acquisition Corp. Announces Postponement of Special Meeting Date
15 February 2023 - 9:24AM
Business Wire
Cascadia Acquisition Corp. (Nasdaq: CCAI) (“Cascadia”), a
blank-check company formed for the purpose of acquiring or merging
with one or more businesses, today announced that the special
meeting of its stockholders (the “Special Meeting”) originally
scheduled for Wednesday, February 15, 2023, is being postponed to
Wednesday, February 22, 2023, at 11:30 a.m. Eastern Time (the
“Postponement”), to allow additional time for Cascadia to engage
with its stockholders and consider redemption reversals.
As a result of the Postponement, the previously disclosed
deadline of February 13, 2023 (two business days before the Special
Meeting) for delivery of redemption requests from Cascadia’s
stockholders to Cascadia’s transfer agent has been extended to
February 17, 2023 (two business days before the postponed Special
Meeting).
About Cascadia Acquisition Corp.
Cascadia Acquisition Corp. is a special purpose acquisition
company formed for the purpose of effecting a merger, stock
purchase or similar business combination with one or more
businesses. Cascadia is sponsored by an affiliate of Cascadia
Capital, LLC, an investment banking financial advisor to
entrepreneurs, boards of directors and business owners. Cascadia
concentrates its initiatives on sourcing business combination
opportunities in industry sectors that are being fundamentally
reshaped by the introduction of advanced technologies, commonly
referred to as “Industry 4.0.”
Participants in the Solicitation
Cascadia and its directors, executive officers, other members of
management and employees may, under Securities and Exchange
Commission (“SEC”) rules, be considered participants in the
solicitation of proxies of Cascadia’s stockholders in favor of the
approval of the proposals to be voted on at the Special Meeting
(the “Proposals”). Investors and security holders may obtain more
detailed information regarding the names, affiliations and
interests of Cascadia’s directors and officers in the definitive
proxy statement dated January 30, 2023 (the “Proxy Statement”),
which may be obtained free of charge from the sources indicated
below.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities and
does not constitute an offer to sell or a solicitation of an offer
to buy any securities, nor will there be any sale of any such
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities will be made except by means
of a prospectus meeting the requirements of the Securities Act of
1933, as amended, or an exemption therefrom.
Forward-Looking Statements
This press release includes certain statements that are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “believe,” “may,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “should,” “would,”
“plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook”
and similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
statements are based on the current expectations of Cascadia’s
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on,
by any investor as a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. These statements are subject to a number
of risks and uncertainties indicated from time to time in
Cascadia’s filings with the SEC. There may be additional risks that
Cascadia presently does not know or that Cascadia currently
believes are immaterial that could also cause actual results to
differ from those contained in the forward-looking statements. In
addition, forward-looking statements provide Cascadia’s
expectations, plans or forecasts of future events and views as of
the date of this communication. Cascadia anticipates that
subsequent events and developments will cause Cascadia’s
assessments to change. However, while Cascadia may elect to update
these forward-looking statements at some point in the future,
Cascadia specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing Cascadia’s assessments as of any date subsequent to
the date of this communication. Accordingly, undue reliance should
not be placed upon the forward-looking statements.
Important Information and Where to Find It
Cascadia urges investors, stockholders and other interested
persons to read the Proxy Statement as well as other documents
filed by Cascadia with the SEC, because these documents will
contain important information about Cascadia and the Proposals.
Stockholders may obtain copies of the Proxy Statement, without
charge, at the SEC’s website at www.sec.gov or by directing a
request to Cascadia’s Secretary at 1000 Second Avenue, Suite 1200,
Seattle, WA 98104.
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version on businesswire.com: https://www.businesswire.com/news/home/20230214005875/en/
Jamie Boyd Chief Executive Officer Cascadia Acquisition Corp. T:
+1 206 436 2550 jboyd@cascadiaacquisitioncorp.com
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