{"id":725885,"date":"2023-01-25T16:25:54","date_gmt":"2023-01-25T21:25:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pathfinder-acquisition-corporation-announces-postponement-of-extraordinary-general-meeting-from-wednesday-february-1-2023-to-friday-february-17-2023\/"},"modified":"2023-01-25T16:25:54","modified_gmt":"2023-01-25T21:25:54","slug":"pathfinder-acquisition-corporation-announces-postponement-of-extraordinary-general-meeting-from-wednesday-february-1-2023-to-friday-february-17-2023","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pathfinder-acquisition-corporation-announces-postponement-of-extraordinary-general-meeting-from-wednesday-february-1-2023-to-friday-february-17-2023\/","title":{"rendered":"Pathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023"},"content":{"rendered":"

<\/p>\n

Pathfinder Acquisition Corporation Announces Postponement of <\/b>Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023<\/b><\/p>\n

PALO ALTO, Calif. & SAN JOSE, Calif.–(BUSINESS WIRE<\/a>)–
\nPathfinder Acquisition Corporation (NASDAQ: PFDR), (\u201cPathfinder\u201d or the \u201cCompany\u201d), announced today that its previously announced extraordinary general meeting (the \u201cShareholder Meeting\u201d) originally scheduled for Wednesday, February 1, 2023, at 10:00 a.m., Eastern Time, is being postponed to February 17, 2023, at 10:00 a.m., Eastern Time (the \u201cPostponement\u201d).\n<\/p>\n

\nAt the Shareholder Meeting, shareholders will be asked to vote on the following proposals: (1) to amend the Company\u2019s second amended and restated memorandum and articles of association (the \u201cMemorandum and Articles of Association\u201d) to eliminate the requirement that Pathfinder retain at least $5,000,001 of net tangible assets following the redemption of the Company\u2019s Class A ordinary shares, par value $0.0001 per share, issued as part of the units sold in the Company\u2019s initial public offering (\u201cPublic Shares\u201d or \u201cClass A ordinary shares\u201d), in connection with an initial business combination (such limitation, the \u201cRedemption Limitation\u201d) and to authorize the Company to redeem Public Shares in amounts that would cause Pathfinder\u2019s net tangible assets to be less than $5,000,001 (the \u201cRedemption Limit Elimination Proposal\u201d); (2) to amend the Memorandum and Articles of Association to extend (the \u201cExtension\u201d) the date by which the Company has to consummate a business combination from February 19, 2023 to May 19, 2023 (the \u201cCharter Extension Date\u201d) and to allow Pathfinder, without another shareholder vote, by resolution of Pathfinder\u2019s board of directors, to elect to further extend the Charter Extension Date by one month, for a total of four months, until June 19, 2023, unless the closing of a business combination has occurred prior thereto (the \u201cExtension Amendment Proposal\u201d); and (3) to adjourn the Shareholder Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Shareholder Meeting, there are insufficient Class A ordinary shares and Class B ordinary shares, par value $0.0001 per share (the \u201cClass B ordinary shares\u201d), in the capital of the Company represented (either in person or by proxy) to constitute a quorum necessary to conduct business at the Shareholder Meeting to approve the Redemption Limit Elimination Proposal or the Extension Amendment Proposal.\n<\/p>\n

\nAs a result of this Postponement, the Shareholder Meeting will now be held at 10:00 a.m., Eastern Time, on February 17, 2023. The Shareholder Meeting will still be held at the offices of Kirkland & Ellis LLP at 609 Main Street, Suite 4700, Houston, Texas 77002 and virtually via live webcast at https:\/\/www.cstproxy.com\/pathfinderacquisition\/2023<\/a>. Also, as a result of this change, the Company has extended the deadline for delivery of redemption requests from the Company\u2019s shareholders from 5:00 p.m., Eastern Time, on January 30, 2023, to 5:00 p.m., Eastern Time, on February 15, 2023.\n<\/p>\n

\nShareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Shareholder Meeting by requesting that the Company\u2019s transfer agent return such shares by 5:00 p.m. Eastern Time on February 15, 2023. If any such shareholders have questions or need assistance in connection with the Shareholder Meeting, please contact the Company\u2019s proxy solicitor, Morrow Sodali LLC, by calling (800) 662-5200, or banks and brokers can call collect at (203) 658-9400, or by emailing PFDR.info@investor.morrowsodali.com<\/a>.\n<\/p>\n

\nThe Company plans to continue to solicit proxies from shareholders during the period prior to the Shareholder Meeting. Only holders of record of Class A ordinary shares and Class B ordinary shares as of the close of business on January 10, 2023, the record date for the Shareholder Meeting are entitled to vote at the Shareholder Meeting or any adjournment thereof.\n<\/p>\n

No Offer or Solicitation<\/b><\/p>\n

\nThis communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Redemption Limit Elimination Proposal or the Extension Amendment Proposal. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering 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, or an exemption therefrom.\n<\/p>\n

Participants in the Solicitation<\/b><\/p>\n

\nPathfinder its directors and certain of its respective executive officers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the Extension. Information about the directors and executive officers of Pathfinder is set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Additional information regarding the persons who may, under the rules of the Securities and Exchange Commission (\u201cSEC\u201d), be deemed participants in the proxy solicitation of the shareholders of Pathfinder and a description of their direct and indirect interests are contained in the definitive proxy statement relating to the Shareholder Meeting (the \u201cDefinitive Proxy Statement\u201d).\n<\/p>\n

Additional Information and Where To Find It<\/b><\/p>\n

\nOn January 11, 2023, the Company filed the Definitive Proxy Statement with the SEC in connection with its solicitation of proxies for the Shareholder Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the Definitive Proxy Statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov<\/a> or by directing a request to: Pathfinder at 1950 University Avenue, Suite 350, Palo Alto, CA 94303.\n<\/p>\n

Cautionary Statement Regarding Forward Looking Statements<\/b><\/p>\n

\nThis communication includes \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cassumes,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cseeks,\u201d or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Shareholder Meeting. These statements are based on current expectations on the date of this communication and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230125005670\/en\/<\/a><\/span><\/p>\n

\nThomas Faust
\n
tfaust@stantonprm.com
\n<\/a>
646-502-3513\n<\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Pathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023 PALO ALTO, Calif. & SAN JOSE, Calif.–(BUSINESS WIRE)– Pathfinder Acquisition Corporation (NASDAQ: PFDR), (\u201cPathfinder\u201d or the \u201cCompany\u201d), announced today that its previously announced extraordinary general meeting (the \u201cShareholder Meeting\u201d) originally scheduled for Wednesday, February 1, 2023, at 10:00 a.m., Eastern Time, is being postponed to February 17, 2023, at 10:00 a.m., Eastern Time (the \u201cPostponement\u201d). At the Shareholder Meeting, shareholders will be asked to vote on the following proposals: (1) to amend the Company\u2019s second amended and restated memorandum and articles of association (the \u201cMemorandum and Articles of Association\u201d) to eliminate the requirement that Pathfinder retain at least $5,000,001 of net … <\/p>\n

Continue reading “Pathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-725885","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pathfinder-acquisition-corporation-announces-postponement-of-extraordinary-general-meeting-from-wednesday-february-1-2023-to-friday-february-17-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Pathfinder Acquisition Corporation Announces Postponement of Extraordinary General Meeting From Wednesday, February 1, 2023 to Friday, February 17, 2023 PALO ALTO, Calif. & SAN JOSE, Calif.–(BUSINESS WIRE)– Pathfinder Acquisition Corporation (NASDAQ: PFDR), (\u201cPathfinder\u201d or the \u201cCompany\u201d), announced today that its previously announced extraordinary general meeting (the \u201cShareholder Meeting\u201d) originally scheduled for Wednesday, February 1, 2023, at 10:00 a.m., Eastern Time, is being postponed to February 17, 2023, at 10:00 a.m., Eastern Time (the \u201cPostponement\u201d). 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