GRAND
CAYMAN, Cayman
Islands, Jan. 17, 2023 /PRNewswire/ -- Blockchain
Coinvestors Acquisition Corp. I (Nasdaq: BCSA) ("BCSA"), a
blank-check company formed for the purpose of acquiring or merging
with one or more businesses, today announced that the extraordinary
general meeting of its shareholders (the "Extraordinary General
Meeting") originally scheduled for Wednesday, January 18, 2023, is being postponed
to Friday, January 27, 2023, at
11:30 a.m. Eastern Time (the
"Postponement"), to allow additional time for BCSA to engage with
its shareholders and solicit redemption reversals.
As a result of the Postponement, the previously disclosed
deadline of January 13, 2023 (two
business days before the Extraordinary General Meeting) for
delivery of redemption requests from BCSA's shareholders to BCSA's
transfer agent has been extended to January
25, 2023 (two business days before the postponed
Extraordinary General Meeting).
About Blockchain Coinvestors Acquisition Corp. I
BCSA is a special purpose acquisition company formed for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization, or similar business combination
with one or more businesses or entities. BCSA is led by Chairman
and Managing Director Matthew Le
Merle, Chief Executive Officer and Managing Director
Lou Kerner, Managing Director
Alison Davis, and Chief Financial
Officer Mitchell Mechigian.
Participants in the Solicitation
BCSA and its directors, executive officers, other members of
management and employees may, under Securities and Exchange
Commission ("SEC") rules, be considered participants in the
solicitation of proxies of BCSA's shareholders in favor of the
approval of the proposals to be voted on at the Extraordinary
General Meeting (the "Proposals"). Investors and security holders
may obtain more detailed information regarding the names,
affiliations and interests of BCSA's directors and officers in the
definitive proxy statement dated December
29, 2022 (the "Proxy Statement"), which may be obtained free
of charge at from the sources indicated below.
No Offer or Solicitation
This press release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities and
does not constitute an offer to sell or a solicitation of an offer
to buy any securities, nor will there be any sale of any such
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities will be made except by means
of a prospectus meeting the requirements of the Securities Act of
1933, as amended, or an exemption therefrom.
Forward-Looking Statements
This press release includes certain statements that are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as "believe," "may," "will," "estimate,"
"continue," "anticipate," "intend," "expect," "should," "would,"
"plan," "predict," "potential," "seem," "seek," "future," "outlook"
and similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
statements are based on the current expectations of BCSA's
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as, and must not be relied on,
by any investor as a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. These statements are subject to a number
of risks and uncertainties indicated from time to time in BCSA's
filings with the SEC. There may be additional risks that BCSA
presently does not know or that BCSA currently believes are
immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements provide BCSA's expectations, plans or
forecasts of future events and views as of the date of this
communication. BCSA anticipates that subsequent events and
developments will cause BCSA's assessments to change. However,
while BCSA may elect to update these forward-looking statements at
some point in the future, BCSA specifically disclaims any
obligation to do so. These forward-looking statements should not be
relied upon as representing BCSA's assessments as of any date
subsequent to the date of this communication. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
Important Information and Where to Find It
BCSA urges investors, shareholders and other interested persons
to read the Proxy Statement as well as other documents filed by
BCSA with the SEC, because these documents will contain important
information about BCSA and the Proposals. Shareholders may obtain
copies of the Proxy Statement, without charge, at the SEC's website
at www.sec.gov or by directing a request to BCSA's proxy
solicitor, Advantage Proxy, at P.O. Box 13581, Des Moines, WA 98198, Attn: Karen Smith, Toll Free Telephone: (877)
870-8565, Main Telephone: (206) 870-8565, E-mail:
ksmith@advantageproxy.com.
Contact
Blockchain Coinvestors Acquisition Corp. I:
Matt Yemma
Peaks Strategies
myemma@peaksstrategies.com
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SOURCE Blockchain Coinvestors