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Spartan Acquisition Corp. III Shareholders Approve SPAC Merger Deal With Allego Holding; Transaction Expected To Close Week Of Mar. 14, 2022, Will Trade Under Ticker 'ALLG'

Author: Benzinga Newsdesk | March 08, 2022 02:27pm

Spartan stockholders have approved the previously announced business combination at the Special Meeting held on March 8, 2022

Transaction Expected to Close Week of March 14, 2022

PARIS & ARNHEM, Netherlands & NEW YORK--(BUSINESS WIRE)-- Spartan Acquisition Corp. III (“Spartan”) (NYSE:SPAQ), a publicly traded special purpose acquisition company, today announced that stockholders of record as of January 18, 2022, approved the previously proposed business combination (the “Business Combination”) with Allego Holding B.V. (“Allego” or “the Company”), a leading pan-European electric vehicle charging network, supported by 94% of the shares of Spartan voted at the special meeting. 74% of total outstanding shares voted.

Three proposals were considered and voted upon by Spartan’s stockholders at the special meeting, all of which were approved. The formal results of the vote will be included in a Current Report on Form 8-K to be filed by with the U.S. Securities and Exchange Commission by Spartan.

Pursuant to the Business Combination, at the closing, Allego will combine with Spartan and the combined company’s name will be Allego N.V. Following the closing, Allego’s ordinary shares and warrants are expected to trade on the New York Stock Exchange under the ticker symbols “ALLG” and “ALLG.WS,” respectively.

Posted In: ALLG SPAQ

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