Jack Creek Investment Corp. Announces Shareholder Approval of Business Combination,
Cancellation of Extraordinary General Meeting for Extension
NEW YORK January 24, 2023 Jack Creek Investment Corp. (Jack Creek) (Nasdaq: JCIC), a Cayman Islands exempted company, announced
that earlier today Jack Creek held an extraordinary general meeting of its shareholders (the EGM), at which its shareholders approved Jack Creeks business combination (the Business Combination) with Bridger Aerospace
Group Holdings, LLC (Bridger Aerospace). Jack Creek expects to close the Business Combination promptly.
As a result of shareholder approval
of the Business Combination, Jack Creek also announced its decision to cancel Jack Creeks extraordinary general meeting of shareholders in lieu of an annual general meeting, at which shareholders were expected to vote on a proposal to extend
the date by which Jack Creek had to consummate a business combination, previously scheduled to be held on January 24, 2023 at 4:00 p.m. Eastern Time. Jack Creek also announced its corresponding decision to withdraw from consideration by
shareholders the proposals set forth in Jack Creeks Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the SEC) on January 17, 2023.
About Jack Creek
Jack Creek 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. More information about Jack Creek is available at https://www.jackcreekinvestmentcorp.com/ir-resources/investor-faqs.
About Bridger Aerospace
Based in Bozeman, Montana, Bridger Aerospace is one of the nations largest privately held aerial firefighting companies. Bridger Aerospace is committed
to utilizing its team, aircraft and technology to save lives, property and habitats threatened by wildfires. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the
United States Forest Service, across the nation. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com.
No Offer
or Solicitation
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any
securities in any jurisdiction, or the solicitation of any vote, consent or approval in any jurisdiction in connection with the Business Combination, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction where, or
to any person to whom, such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. This press release does not constitute either advice or a recommendation regarding any securities. No offering of securities shall be made
except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.