Chardan 2008 China Acquisition Corp. Sets Record Date For Its January 11, 2010 Shareholder Meeting To Approve Acquisition
19 December 2009 - 4:08AM
PR Newswire (US)
Chardan 2008 China Acquisition Corp.
(NASDAQ:CACANASDAQ:CACAWNASDAQ:CACAU) ("Chardan"), which earlier
announced that it had entered into definitive agreements to acquire
a controlling interest in DAL Group, LLC ("DAL"), today announced
that it has set December 23, 2009, as the record date for the
special meeting at which Chardan's shareholders will vote to
approve the acquisition and related proposals. Only shareholders of
record as of the close of business on December 23 will be entitled
to vote at the meeting. Chardan expects to file proxy materials
providing detailed information on the transaction sometime during
the week of December 23 and to mail the proxy to shareholders as
soon as practicable thereafter. Those proxy materials will also
confirm the date, time and place of the meeting, which is
tentatively scheduled to be held at 10 a.m. EST on January 11,
2010, at the offices of Chardan's legal counsel, Loeb & Loeb
LLP, 345 Park Ave., New York, NY 10154. If Chardan's shareholders
approve the transaction, Chardan anticipates closing the
transaction promptly after the meeting. About Chardan Chardan was
formed in February 2008 for the purpose of acquiring, through a
merger, stock exchange, asset acquisition or other similar business
combination, a controlling interest in an unidentified operating
business. Chardan's offices are located at 1-502, Tayuan Diplomatic
Office Building, Chaoyang District, Beijing 100060, Peoples
Republic of China. Additional information about Chardan is
available in Chardan's public filings available from the SEC
website: (http://www.sec.gov/). Proxy Statement In connection with
the pending transaction, Chardan will file with the SEC a Form 6-K
containing the Proxy Statement that provides information about the
transaction and will be mailed to the shareholders of Chardan. The
shareholders of Chardan are urged to read the Proxy Statement when
it is available, as well as all other relevant documents filed or
to be filed with the SEC, because they will contain important
information about DAL and Chardan and the proposed transaction. The
final Proxy Statement will be mailed to shareholders of Chardan on
a schedule that will ensure that they receive timely notice of the
shareholder meeting to vote on the transaction. Chardan
shareholders will be able to obtain the Proxy Statement and any
other relevant filed documents for free at the SEC's website
(http://www.sec.gov/). These documents can also be obtained for
free from Chardan by directing a request to: Chardan 2008 China
Acquisition Corp., c/o Chardan Capital, LLC, 402 W. Broadway, Ste.
2600, San Diego, CA Attn: Jane Linquist. Chardan, DAL and the
Company and their respective directors and officers may be deemed
to be participants in the solicitation of approvals from Chardan
shareholders in respect of the proposed transaction. Information
regarding Chardan's participants will be available in the Proxy
Statement. Additional information regarding the interests of such
participants will be included in the Proxy Statement. DATASOURCE:
Chardan 2008 China Acquisition Corp. CONTACT: Kerry Propper, CEO ,
+1-646-465-9088,
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