NEW YORK, NY / ACCESS CABLE / July 7, 2022 / Benessere Capital Acquisition Corp. (NASDAQ: BENE, BENEU, BENEW and BENER) (“Benessere” or the “Company”) announced today that the Company has decided to suspend the special meeting of shareholders (the “Special Meeting”) for the consideration of extend the date by which the Company must consummate a business combination from July 7, 2022 to January 7, 2023, or such earlier date as determined by the Company’s board of directors (the “Extended Date”) (the “Extension Proposal”) at 5 p.m. ET on July 8, 2022.
The board of directors has determined to postpone the special meeting of its shareholders until July 8, 2022 to allow additional time for its elections inspector to certify all votes received. During the adjournment, the polls will be closed to shareholders. New votes will not be accepted. Shareholders who have already voted will be allowed to add additional information to their proxies, such as medallion guarantees that could allow their existing proxies to be certified by the Company’s election inspector.
If shareholders have any questions or need assistance, please call the Company’s legal representative, Advantage Proxy, at 1-877-870-8565 (toll-free) or by email at [email protected].
In connection with the postponed date, the Company has extended the term for holders of the Company’s Class A common shares. Values issued in the initial public of the Company offering File your redemption actions in connection with the proposed extension by 5:00 p.m. agent return such shares.
If the Extension is implemented, the Company’s sponsor will contribute to the Company’s trust account a total amount equal to $0.033 per Class A common share. Values issued in the initial public of the Company offering that is not redeemed in connection with the shareholder vote to approve the Extension Amendment, for each calendar month (beginning July 7, 2022 and the 7th day of each month thereafter) through the Extended Date, or part thereof. same. Such contributions will be made as a non-interest bearing loan and will be repayable to the sponsor or its designee upon consummation of an initial business combination. The Contribution will increase the pro rata portion of the funds available in the Company’s trust account in the event of the consummation of an initial business combination or liquidation from approximately $10.35 per share to approximately $10.55 per share.
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Benessere is a blank check company formed for the purpose of effecting a merger, capital exchange, acquisition of assets, shares purchase, reorganization or similar business combination with one or more companies. Benessere’s strategy is to identify and complete business combinations with technology-focused mid-market and emerging growth companies in North, Central and South America. For more information please visit www.benespac.com.
East Press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and the factors that may cause such differences include, but are not limited to, uncertainties related to the approval of the Extension by Benessere stockholders, Benessere’s inability to complete an initial business combination within the required time period, and other risks and uncertainties disclosed from time to time in filings with the SEC, including Benessere’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 under the heading “Risk Factors” and other documents that Benessere has filed, or will file, with the SEC. Readers are cautioned not to place undue reliance on any forward-looking statement, which speaks only as of the date made. Benessere expressly disclaims any obligation or undertaking to publish any update or revision of the forward-looking statements contained in this document to reflect any change in Benessere’s expectations with respect thereto or any change in the events, conditions or circumstances in which they are base any statement.
Additional information and where to find it
Benessere urges investors, shareholders, and other interested persons to read the definitive proxy statement filed with the SEC on July 7, 2022 (the “Extended Proxy Statement”), as well as other documents filed by Benessere with the Bolsa y Valores (the “SEC”), because these documents will contain important information about Benessere and the Extension. When available, shareholders may obtain copies of the Extension Proxy Statement, free of charge, on the SEC’s website at www.sec.gov or by directing a request to: [email protected].
Participants in the solicitation
Benessere and its directors, executive officers and other members of its management and employees may be deemed to be participating in the solicitation of proxies from Benessere shareholders in connection with the Proposed Extension. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of directors and officers of Benessere in the Extension Proxy Statement, which, when available, may be obtained free of charge from the sources listed above.
East Press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any security or with respect to the Proposed Extension and will not constitute an offer to sell or a solicitation of an offer to to buy Benessere securities, nor shall there be any sale of 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 offering of securities will be made except by means of a prospectus that meets the requirements of Section 10 of the Securities Act of 1933, as amended.
FONT: Benessere Capital Acquisition Corp
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