Chain Bridge I sells sponsor shares and warrants; board and CEO to resign

Chain Bridge I

Buyer to acquire 3,035,000 Class B shares and warrants for 7,385,000 Class A shares from Sponsor and CB Co-Investment.
All current directors and CEO to resign effective upon deal closing; CFO Roger Lazarus remains.
Conditions include conversion of $1.15M promissory note into warrants and termination of other outstanding loans.
Company extends business operations by one month in accordance with its charter.

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