Alberton Acquisition Corp. Announces Issuance of Dividend Warrants
05 Febrero 2021 - 6:30AM
Alberton Acquisition Corp. (“Alberton”) (NASDAQ:
ALAC) announced today that it issued 1,414,480 dividend
warrants, with each warrant entitling the holder to purchase
one-half ordinary share, to the public shareholders who were
holders of record on April 21, 2020 and did not exercise their
right to have their shares redeemed in connection with the April
2020 extension of the date on which Alberton must complete a
business combination.
On April 20, 2020, Alberton announced that it
had agreed that if the April 2020 extension was approved, it would
issue, with respect to each public share that is not redeemed in
connection with April 2020 extension, one dividend warrant to
purchase one-half of one ordinary share. The dividend warrants are
identical to the warrants included in the units sold in Alberton’s
initial public offering.
In connection with the April 2020 extension, the
Company received redemption request in the aggregated amount of
10,073,512 shares on April 21, 2020, the cut-off date for
shareholders to submit their redemption request. Accordingly,
10,073,512 public shares were redeemed, resulting in a total of
1,414,480 remaining public shares issued and outstanding. On
January 19, 2021, the board of the Company approved the issuance of
1,414,480 dividend warrants to those public shareholders who were
shareholders on April 21, 2020 and did not exercise their right of
redemption in connection with the April 2020 extension, and the
Company instructed such issuance. The Company was advised the
dividend warrants would be processed and delivered to public
shareholders on or about February 5, 2021, although the date of
delivery may be delayed as a result of processing time by DTC,
broker and dealer, and other relevant parties.
Additional Information about the
Transaction and Where to Find It
Alberton filed with the Securities and Exchange
Commission (“SEC”) a registration statement on Form S-4 with a
proxy statement containing information about the proposed business
combination and the respective businesses of Alberton and SolarMax
Technology, Inc., a Nevada corporation (“SolarMax”) on December 30,
2020 (file no. 333-251825). Alberton will mail a final prospectus
and definitive proxy statement and other relevant documents after
the SEC completes its review. Alberton and SolarMax shareholders
are urged to read the preliminary prospectus and proxy statement
and any amendments thereto and the final prospectus and definitive
proxy statement in connection with the solicitation of proxies for
the special meetings to be held to approve the proposed
transaction, because these documents will contain important
information about Alberton, SolarMax and the proposed transaction.
The final prospectus and definitive proxy statement will be mailed
to shareholders of Alberton and SolarMax as of a record date to be
established for voting on the proposed transaction. Shareholders
will also be able to obtain a free copy of the proxy statement, as
well as other filings containing information about Alberton without
charge, at the SEC’s website (www.sec.gov) or by calling
1-800-SEC-0330. Copies of the proxy statement and other filings
with the SEC can also be obtained, without charge, by directing a
request to: Alberton Acquisition Corporation, Room 1001, 10/F,
Capital Center, 151 Gloucester Road, Wanchai, Hong Kong.
About Alberton
Alberton is a British Virgin Islands blank check
company, also commonly referred to as a Special Purpose Acquisition
Company, or SPAC, formed for the purpose of effecting a merger,
asset acquisition or other business combination with one or more
businesses or entities. Alberton’s units, ordinary shares and
warrants are currently listed on the Nasdaq Capital Market under
the symbols “ALACU,” “ALAC” and “ALACW, respectively.
About SolarMax
SolarMax, a Nevada corporation, is an integrated
solar energy company. Its principal executive offices are located
at 3080 12th Street, Riverside, California 92507. SolarMax’ website
is http://www.solarmaxtech.com. Any information contained on, or
that can be accessed through, SolarMax’ website or any other
website is not a part of this press release.
Cautionary Note Regarding
Forward-Looking Statements
This press release includes “forward-looking
statements” that involve risks and uncertainties that could cause
actual results to differ materially from what is expected. Words
such as “expects”, “believes”, “anticipates”, “intends”,
“estimates”, “seeks”, “may”, “might”, “plan”, “possible”, “should”
and variations and similar words and expressions are intended to
identify such forward-looking statements, but the absence of these
words does not mean that a statement is not forward-looking. Such
forward-looking statements relate to future events or future
results, based on currently available information and reflect
Alberton management’s current beliefs. A number of factors could
cause actual events or results to differ materially from the events
and results discussed in the forward-looking statements. In
addition, please refer to the Risk Factors section of Alberton’s
Form S-4, its Annual Reports on Form 10-K, its Quarterly Reports on
Form 10-Q for additional information identifying important factors
that could cause actual results to differ materially from those
anticipated in the forward looking statements. Except as expressly
required by applicable securities law, Alberton disclaims any
intention or obligation to update or revise any forward looking
statements whether as a result of new information, future events or
otherwise.
Company
Contact: |
|
|
|
Alberton Acquisition Corp. |
|
Room 1001, 10/F, Capital Center151 Gloucester Road, Wanchai,
Hong KongPhone: (+852) 2117 1621 |
|
Email: kevinliu@albertoncorp.com |
Alberton Acquisition (NASDAQ:ALAC)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Alberton Acquisition (NASDAQ:ALAC)
Gráfica de Acción Histórica
De May 2023 a May 2024