Energem Corp. Announces Filing of Definitive Extension Proxy Statement and Reminds Stockholders to Vote in Favor of Extension Amendment Ahead of Extraordinary General Meeting
19 October 2022 - 12:15AM
Energem Corp. (Nasdaq: ENCP, ENCPW) (“Energem” or the “Company”)
today announced the filing of a definitive proxy statement (the
“Extension Proxy Statement”) on October 17, 2022, to hold an
extraordinary general meeting of shareholders (the “Extraordinary
General Meeting”) to: (A) amend the Company’s amended and restated
articles of association (the “Energem M&A”) to extend the
period of time for the Company to complete a business combination
(the “Extension”) up to nine times, each by an additional one month
for an aggregate of nine additional months (i.e., from November 18,
2022 up to August 18, 2023) or such earlier date as determined by
the board of directors (the “Extended Date” and such proposal is
the “Amendment Proposal”); and (B) amend the investment management
trust agreement (the “Trust Agreement”) between Continental Stock
Transfer & Trust Company, as trustee (“Continental”) and the
Company governing the trust account (the “Trust Account”)
established in connection with the closing of Energem’s initial
public offering on November 18, 2021 (the “Trust Amendment
Proposal), to extend the date on which Continental must liquidate
the Trust Account if the Company has not completed its initial
business combination, from November 18, 2022 to August 18, 2023 (or
such later date as may be determined by the Energem shareholders)
(such proposal is the “Trust Amendment Proposal”).
The Extraordinary General Meeting to approve the
Extension Amendment will be held virtually at 9:00 a.m. Eastern
Time on November 11, 2022 and can be accessed by visiting
https://www.cstproxy.com/energemcorp/2022. The Company encourages
its shareholders to vote in favor of the Extension Amendment and
the Trust Amendment. Votes will be accepted up to and during the
Extraordinary General Meeting.
The Company’s shareholders of record at the
close of business on the record date, October 14, 2022, are
entitled to vote the Ordinary Shares of Energem owned by them at
the Extraordinary General Meeting. Every shareholder’s vote is very
important, regardless of the number of shares held, and the Company
requests the prompt submission of votes. The Company is
requesting shareholders of record at the close of business on
October 14, 2022 to vote before 9:00 a.m. on November 11,
2022.
The simplest and quickest way for shareholders
of record to cast their votes is via telephone between 9:00 a.m.
and 9:00 p.m. Eastern Time, by calling:
|
● |
Within the U.S. and Canada: +1 800-450-7155 (toll-free) |
|
|
|
|
● |
Outside of the U.S. and Canada: +1 857-999-9155 (standard rates
apply) |
The passcode for telephone access: 8675126#.
Shareholders will not be able to vote or submit questions unless
they register for and log in to the Extraordinary General Meeting
webcast. Shareholders will be asked to confirm their name and
mailing address.
Shareholders may also vote online at
https://www.cstproxy.com/energemcorp/2022, or by mail, simply by
following the instructions on their provided proxy card. If the
shares are held in an account at a brokerage firm or bank,
shareholders must instruct their respective broker or bank how to
vote the shares, or the shareholders may cast their vote online at
www.cstproxyvote.com by obtaining a proxy from the respective
brokerage firm or bank.
If shareholders have any questions or
need assistance with voting, please call the Company’s proxy
solicitor, Laurel Hill Advisory Group at (855) 414-2266 (toll free)
or by email to
Energem@LaurelHill.com.
About Energem
Energem (Nasdaq: ENCP, ENCPW) is a special
purpose acquisition company formed for the purpose of effecting a
merger, capital share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses.
Additional Information and Where to Find
It
Energem urges investors, shareholders and other
interested persons to read the definitive proxy statement dated
October 17, 2022 (the “Extension Proxy Statement”), as well as
other documents filed by Energem with the Securities and Exchange
Commission (the “SEC”), because these documents contain important
information about Energem and the Extension. The Extension Proxy
Statement is being mailed to shareholders of Energem as of a record
date of October 14, 2022, on or about October 18, 2022.
Stockholders may obtain copies of the Extension Proxy Statement,
without charge, at the SEC’s website at www.sec.gov or by directing
a request to: Energem@LaurelHill.com.
Participants in
Solicitation
Energem and its directors, executive officers
and other members of their management may be deemed to be
participants in the solicitation of proxies of Energem shareholders
in connection with the Extension Amendment Proposal and Trust
Amendment Proposal. Investors and security holders may obtain more
detailed information regarding the names, affiliations and
interests of Energem’s directors and officers in the Extension
Proxy Statement, which may be obtained free of charge from the
sources indicated above.
Non-Solicitation
This press release is not a proxy statement or
solicitation of a proxy, consent or authorization with respect to
any securities or in respect of the Extension and shall not
constitute an offer to sell or a solicitation of an offer to buy
the securities of Energem, nor shall 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 shall be made except by means
of a prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended.
Forward Looking Statements
This press release includes forward-looking
statements that involve risks and uncertainties. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements are subject to risks and uncertainties,
which could cause actual results to differ from the forward-looking
statements. These forward-looking statements and factors that may
cause such differences include, without limitation, uncertainties
relating to Energem’s shareholder approval of the Extension,
Energem’s inability to complete an initial business combination
within the required time period, and other risks and uncertainties
indicated from time to time in filings with the SEC, including
Energem’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2021 under the heading “Risk Factors,” the Extension
Proxy Statement under the heading “Risk Factors” and other
documents Energem has filed, or to be filed, with the SEC. Readers
are cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. Energem expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in Energem’s expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based.
ContactsFor Energem
Corp.Level 3, Tower 11, Avenue 5, No. 8,Jalan Kerinchi,
Bangsar SouthWilayah Persekutuan, Kuala Lumpur, MalaysiaAttn: Mr.
Swee Guan HooChief Executive OfficerTel: + (60) 3270 47622
Energem (NASDAQ:ENCPW)
Historical Stock Chart
From Apr 2024 to May 2024
Energem (NASDAQ:ENCPW)
Historical Stock Chart
From May 2023 to May 2024