NEW YORK, July 28, 2017 /PRNewswire/
-- Barington/Hilco Acquisition Corp. (Nasdaq: BHAC), a blank
check acquisition company (the "Company"), announced today that it
intends to adjourn, without conducting any business, the special
meeting of stockholders (the "Special Meeting") scheduled to occur
at 10:00 a.m., Eastern time, on
July 31, 2017 and reconvene at
10:00 a.m., Eastern time, on
August 9, 2017. The Special Meeting
will still be held at the offices of Kramer
Levin Naftalis & Frankel LLP, located at 1177 Avenue of
the Americas, New York, NY
10036.
The purpose of the Special Meeting is to permit stockholders to
vote upon a proposal to extend the time available for the Company
to consummate a business combination from August 11, 2017 to December 31, 2017 (the "Extension"). On
May 12, 2017, the Company entered
into a merger agreement (the "Merger Agreement") with Oomba, Inc.,
a specialized social media and software development company. The
Company is holding the Special Meeting in order to provide the
Company sufficient time to close the transactions contemplated by
the Merger Agreement.
In connection with the adjournment of the Special Meeting, the
Company is extending the deadline for holders of the Company's
common stock to exercise their right to redeem their shares for
their pro rata portion of the funds available in the Company's
trust account in connection with the vote to approve the Extension,
or to withdraw any previously delivered demand for redemption, to
5:00 p.m., Eastern time, on
August 7, 2017 (two business days
before the Special Meeting).
Stockholders of record as of June 30,
2017 shall be entitled to vote at the Special
Meeting. Proxy materials were filed with the SEC on
July 14, 2017 and were mailed to
stockholders on or about such date.
If stockholders have any questions or need assistance in
connection with the Special Meeting, please contact the Company's
proxy solicitor, Advantage Proxy, Inc., toll free, at (877)
870-8565 or ksmith@advantageproxy.com.
Additional Information About the Special Meeting
ON JULY 14, 2017, THE COMPANY
FILED A DEFINITIVE PROXY STATEMENT WITH THE SECURITIES AND EXCHANGE
COMMISSION ("SEC") WITH RESPECT TO THE SPECIAL MEETING.
STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY
BECAUSE IT CONTAINS IMPORTANT INFORMATION. THE PROXY STATEMENT CAN
BE OBTAINED WITHOUT CHARGE ON THE SEC'S WEBSITE AT WWW.SEC.GOV
OR BY CONTACTING THE COMPANY'S PROXY SOLICITOR, ADVANTAGE PROXY,
INC., TOLL FREE, AT (877) 870-8565 OR
KSMITH@ADVANTAGEPROXY.COM.
The Company and its directors and executive officers may be
deemed to be participants in a solicitation of proxies for the
Special Meeting. Information regarding the Company's directors and
executive officers is available in its Form 10-K for the year
ended December 31, 2016 filed with the SEC. No person
other than the Company has been authorized to give any information
or to make any representations on behalf of the Company in
connection with the proposals in the proxy statement, and if given
or made, such other information or representations must not be
relied upon as having been made or authorized by the Company.
About Barington/Hilco Acquisition Corp.
Barington/Hilco Acquisition Corp. is a blank check company
formed for the purpose of entering into a merger, share exchange,
asset acquisition, stock purchase, recapitalization, reorganization
or other similar business combination.
Forward-Looking Statements
This press release includes "forward-looking statements" that
are not historical facts, and involve risks and uncertainties that
could cause actual results to differ materially from those expected
and projected. Words such as "expects", "believes", "anticipates",
"intends", "estimates", "seeks" and variations and similar words
and expressions are intended to identify such forward-looking
statements. Such forward-looking statements relate to future events
or future performance, but reflect the Company's management's
current beliefs, based on information currently available. A number
of factors could cause actual events, performance or results to
differ materially from the events, performance and results
discussed in the forward-looking statements. For information
identifying important factors that could cause actual results to
differ materially from those anticipated in the forward-looking
statements, please refer to the Risk Factors section of the
Company's prospectus for its offering filed with the SEC. Except as
expressly required by applicable securities law, the Company
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events, or otherwise.
CONTACT:
Karen Smith
Advantage Proxy, Inc.
Telephone: (877) 870-8565
Email: ksmith@advantageproxy.com
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SOURCE Barington/Hilco Acquisition Corp.