other material
confidence high
sentiment neutral
materiality 0.60
OmniLit postpones special meeting to Dec 21 for extension vote; 14.2M shares tendered at ~$10.27
SYNTEC OPTICS HOLDINGS, INC.
- Special meeting postponed from Dec 13 to Dec 21, 2022, to vote on extension of combination period to Nov 2023.
- 14,152,185 ordinary shares tendered for redemption at approx. $10.27 per share as of Dec 9.
- Holders of Class A common stock may reverse redemption election until 5 p.m. ET on Dec 19, 2022.
- Company entered non-redemption agreements; offers 1 Class B share per 2.3 non-redeemed shares.