3 ballot items.
Shareholders will vote on changing the Company’s name to Atlantic Acquisition Corp I, adopting amended and restated memorandum and articles of association reflecting the name change, and authorizing meeting adjournment if additional proxy solicitation or time is needed.
Approve changing the Company’s name from “JAB Acquisition Corp I” to “Atlantic Acquisition Corp I” with immediate effect, pursuant to a trademark settlement agreement intended to avoid confusion with a third party’s marks.
The proposal asks shareholders to approve changing the Company’s legal name from JAB Acquisition Corp I to Atlantic Acquisition Corp I. The change is sought in connection with an August 17, 2026 trademark settlement agreement with a third party. The settlement was intended to resolve an outstanding trademark claim concerning the Company’s name and trading symbol and to prevent potential market or consumer confusion. The Company has already changed its Nasdaq ticker symbols for its shares, units, warrants, and rights to ATLQ, ATLQU, ATLQW, and ATLQR, respectively. The legal name change would become effective immediately upon shareholder approval. Shareholders would not need to exchange outstanding share certificates if the proposal passes. Approval requires a Cayman Islands special resolution supported by at least two-thirds of votes cast by the ordinary shareholders voting as a single class. Abstentions and broker non-votes count toward quorum but do not count as votes cast and therefore have no effect on the outcome if a quorum is present. The Board unanimously recommends voting FOR because it believes the proposal is in the best interests of the Company and its shareholders.
Subject to approval and effectiveness of the name change, adopt amended and restated memorandum and articles of association in the form attached as Annex A to reflect the new Company name.
The proposal asks shareholders to approve adoption of amended and restated memorandum and articles of association in the form attached as Annex A. The amendment is expressly conditional on, and would occur immediately after, the Name Change is effected. Its stated purpose is to update the Company’s constitutional documents so they reflect the new name, Atlantic Acquisition Corp I. The amended memorandum identifies Atlantic Acquisition Corp I as the Company’s name and retains the Cayman Islands corporate structure. The amended articles also preserve the Company’s existing SPAC-related governance and business-combination framework, including share classes, redemption provisions, founder-share conversion mechanics, and business-combination procedures. The proposal requires a special resolution supported by at least two-thirds of votes cast by ordinary shareholders voting together as a single class. Abstentions and broker non-votes count for quorum purposes but do not count as votes cast and have no effect if a quorum exists. Because the proposal is dependent on the Name Change, failure of Proposal 1 would prevent the contemplated sequencing of the constitutional update. The Board unanimously recommends voting FOR, stating that adoption is in the best interests of the Company and its shareholders.
Authorize the chairman to adjourn the extraordinary general meeting to a later date or dates, or indefinitely, if additional proxy solicitation or time is needed to obtain approval of the name change or amended constitutional documents.
The proposal asks shareholders to authorize the chairman to adjourn the extraordinary general meeting to a later date or dates, or indefinitely. The authority could be used if the tabulated vote shows that there are insufficient votes to approve the Name Change Proposal or the Amended and Restated Memorandum and Articles of Association Proposal. It could also be used if the Board determines that additional time is necessary to effectuate the Name Change. An adjournment would permit further solicitation and voting of proxies rather than requiring the Company to proceed immediately with an insufficient vote. The filing warns that without approval, the chairman may lack the ability to adjourn in circumstances where additional votes are needed. The proposal requires an ordinary resolution, meaning approval by a simple majority of votes cast by the ordinary shareholders voting together as a single class. Abstentions do not count as votes cast and have no effect on the outcome, while broker non-votes are generally excluded from approval calculations except for quorum purposes. The proposal does not itself change the Company’s name or constitutional documents; it is a procedural authorization supporting consideration of the first two proposals. The Board unanimously recommends voting FOR because it believes the adjournment authority is in the best interests of the Company and its shareholders and may be necessary to obtain sufficient votes or complete the name change.
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