EG Acquisition Corp. postpones special meeting to May 19, extends redemption deadline, secures sponsor loans

FLYEXCLUSIVE INC.

Special meeting postponed from May 12 to May 19, 2023 at 12:00 p.m. ET to allow additional stockholder engagement.
Redemption deadline extended to May 17, 2023; stockholders may withdraw prior redemptions by that date.
Sponsor agrees to loan lesser of $0.04/share and $160,000 per month during extension, deposited in trust account.
Loans are non-interest bearing, repayable upon business combination; sponsor not required to make more than 7 monthly loans.
Updated risk factor notes trust account may liquidate securities to cash to avoid Investment Company Act classification.

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