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News

Energem Announces Filing Of Definitive Extension Proxy Statement And Reminds Stockholders To Vote In Favor Of Extension Amendment Ahead Of Extraordinary General Meeting

Author: Benzinga Newsdesk | October 18, 2022 09:21am

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.

Posted In: ENCP