Banyan Acquisition Corporation Announces Stockholder Approval of Amendments to Charter and Trust Agreement and Extension of Business Combination Period
The Company has been advised that, in connection with the stockholders’ vote at the Meeting, holders of 20,151,313 shares of Class A Common Stock exercised their right to redeem their shares for cash at an approximate price of
For additional information, see the Company’s current report on Form 8-K being filed today.
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Forward -Looking Statements
Certain statements made in this release with respect to the Company and the Meeting are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those expressed in, or implied by, the forward -looking statements. Important factors, among others, that may affect actual results or outcomes include: the ability of the Company to enter into a definitive agreement with respect to, and consummate, an initial business combination within the extended time now available to the Company and those factors discussed in the Company’s annual report on Form 10-K for the fiscal year ended
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Keith@banyanacquisition.com
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