5 nominees · 3 ballot items.
Three extension-related proposals will be considered: (1) Charter Amendment to extend CAC's deadline to Jan 22, 2027 with up to twelve one-month extensions, (2) Trust Amendment to reflect the Charter extension in the Trust Agreement and outline monthly extension fees, and (3) Adjournment to allow additional solicitation if needed.
To delete the current Amended and Restated Memorandum and Articles of Association and substitute in Annex A with a Second Amended and Restated Memorandum and Articles of Association that provides CAC has until January 22, 2027 to complete a business combination, and may elect to extend the period up to twelve times, each by an additional one-month extension (the Extended Termination Date).
To amend the Investment Management Trust Agreement to reflect the Charter Amendment (the Extension) and to permit the extension of CAC's timeline to January 22, 2027, with a Monthly Extension Fee payable into the Trust Account (the lesser of $50,000 or $0.033 per remaining public share per extension).
To resolve as an ordinary resolution that the Shareholder Meeting be adjourned to a later date or sine die, if necessary, to permit further solicitation and vote if, at the time of the Shareholder Meeting, there are not sufficient votes for the foregoing proposals.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Harraden Circle Investments, LLC | 12.41% | 557,800 | $6M |
| 2 | MIZUHO SECURITIES USA LLC | 8.92% | 400,877 | $4M |
| 3 | BERKLEY W R CORP | 5.57% | 250,259 | $3M |
| 4 | Hudson Bay Capital Management LP | 3.88% | 174,300 | $2M |
| 5 | Clear Street Group Inc. | 2.36% | 106,071 | $1M |
| 6 | AQR Arbitrage LLC | 2.21% | 99,123 | $1M |
| 7 | Polar Asset Management Partners Inc. | 1.67% | 75,000 | $788K |
| 8 | Virtu Financial LLC | 1.48% | 66,644 | $700K |
| 9 | GLAZER CAPITAL, LLC | 1.21% | 54,450 | $572K |
| 10 | GOLDMAN SACHS GROUP INC | 0.74% | 33,196 | $349K |
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