Swiftmerge enters non-redemption agreements to secure extension vote, grants 0.3 Founder Shares per non-redeemed share

AleAnna, Inc.

Sponsor assigns economic interest in 3 Founder Shares per 10 Non-Redeemed Shares to unaffiliated investors.
Investors agree not to redeem specified public shares at March 15, 2024 adjourned meeting.
Goal: increase likelihood of extension proposal approval and retain trust account funds.
Founder Shares transferred upon consummation of initial business combination; subject to joinder to lock-up agreement.
SPAC seeks to extend deadline from March 15, 2024 to June 17, 2025.

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