Aimfinity Investment Corp. I (NASDAQ: AIMAU) (the “Company”),
a blank check company incorporated as a Cayman Islands exempted
company, today announced it has concluded an extraordinary general
meeting of the shareholders (the “Extraordinary General Meeting”)
in lieu of an annual general meeting on January 9, 2025, which
previously adjourned from December 30, 2024.
At the Extraordinary General Meeting, the
shareholders of the Company approved, by special resolution, to
amend the Company’s Third Amended and Restated Memorandum and
Articles of Association (the “Charter”) to allow the Company until
January 28, 2025 to consummate an initial business combination and
may elect to extend the period to consummate an initial business
combination up to nine times, each by an additional one-month
period, for a total of up to nine months to October 28, 2025, by
depositing to the Company’s trust account (the “Trust Account”)
$0.05 for each public share for each one-month extension (each such
deposit, a “Monthly Extension Payment”).
In addition, the shareholders, by ordinary
resolutions, also re-elected Mr. Kevin D. Vassily, an independent
director and chair of the audit committee, to a three-year term,
and ratified the appointment of MaloneBailey, LLP as the Company’s
independent registered public accounting firm for the fiscal years
ended December 31, 2023 and 2024.
Pursuant to the shareholders’ approval, the
Company may extend on monthly basis from January 28, 2025 to
October 28, 2025, or such an earlier date as may be requested by
the sponsor of the Company, Aimfinity Investment LLC (the
“Sponsor”), and authorized by its board, to complete a business
combination by depositing the Monthly Extension Payment for each
month into the Trust Account.
About Aimfinity Investment Corp. I
Aimfinity Investment Corp. I is a blank
check company incorporated as a Cayman Islands exempted company 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. The Company
has not selected any business combination target and has not, nor
has anyone on its behalf, initiated any substantive discussions,
directly or indirectly, with any business combination target with
respect to an initial business combination with it. While the
Company will not be limited to a particular industry or geographic
region in its identification and acquisition of a target company,
it will not complete its initial business combination with a target
that is headquartered in China (including Hong Kong and Macau) or
conducts a majority of its business in China (including Hong Kong
and Macau).
Additional Information and Where to Find It
As previously disclosed, on October 13, 2023, the Company
entered into that certain Agreement and Plan of Merger (as may be
amended, supplemented or otherwise modified from time to time, the
“Merger Agreement”), by and between the Company, Docter Inc., a
Delaware corporation (the “Company”), Aimfinity Investment Merger
Sub I, a Cayman Islands exempted company and wholly-owned
subsidiary of Parent (“Purchaser”), and Aimfinity Investment Merger
Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of
Purchaser (“Merger Sub”), pursuant to which the Company is
proposing to enter into a business combination with Docter
involving an reincorporation merger and an acquisition merger. This
press release does not contain all the information that should be
considered concerning the proposed business combination and is not
intended to form the basis of any investment decision or any other
decision in respect of the business combination. AIMA’s
stockholders and other interested persons are advised to read, when
available, the proxy statement/prospectus and the amendments
thereto and other documents filed in connection with the proposed
business combination, as these materials will contain important
information about AIMA, Purchaser or Docter, and the proposed
business combination. When available, the proxy
statement/prospectus and other relevant materials for the proposed
business combination will be mailed to stockholders of AIMA as of a
record date to be established for voting on the proposed business
combination. Such stockholders will also be able to obtain copies
of the proxy statement/prospectus and other documents filed with
the Securities and Exchange Commission (the “SEC”), without charge,
once available, at the SEC’s website at www.sec.gov, or by
directing a request to AIMA’s principal office at 221 W 9th St, PMB
235 Wilmington, Delaware 19801.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, both as amended. Statements that are not
historical facts, including statements about the pending
transactions described herein, and the parties’ perspectives and
expectations, are forward-looking statements. Such statements
include, but are not limited to, statements regarding the proposed
transaction, including the anticipated initial enterprise value and
post-closing equity value, the benefits of the proposed
transaction, integration plans, expected synergies and revenue
opportunities, anticipated future financial and operating
performance and results, including estimates for growth, the
expected management and governance of the combined company, and the
expected timing of the transactions. The words “expect,” “believe,”
“estimate,” “intend,” “plan” and similar expressions indicate
forward-looking statements. These forward-looking statements are
not guarantees of future performance and are subject to various
risks and uncertainties, assumptions (including assumptions about
general economic, market, industry and operational factors), known
or unknown, which could cause the actual results to vary materially
from those indicated or anticipated.
Such risks and uncertainties include, but are not limited to:
(i) risks related to the expected timing and likelihood of
completion of the pending business combination, including the risk
that the transaction may not close due to one or more closing
conditions to the transaction not being satisfied or waived, such
as regulatory approvals not being obtained, on a timely basis or
otherwise, or that a governmental entity prohibited, delayed or
refused to grant approval for the consummation of the transaction
or required certain conditions, limitations or restrictions in
connection with such approvals; (ii) risks related to the ability
of AIMA and Docter to successfully integrate the businesses; (iii)
the occurrence of any event, change or other circumstances that
could give rise to the termination of the applicable transaction
agreements; (iv) the risk that there may be a material adverse
change with respect to the financial position, performance,
operations or prospects of AIMA or Docter; (v) risks related to
disruption of management time from ongoing business operations due
to the proposed transaction; (vi) the risk that any announcements
relating to the proposed transaction could have adverse effects on
the market price of AIMA’s securities; (vii) the risk that the
proposed transaction and its announcement could have an adverse
effect on the ability of Docter to retain customers and retain and
hire key personnel and maintain relationships with their suppliers
and customers and on their operating results and businesses
generally; (viii): risks relating to the medical device industry,
including but not limited to governmental regulatory and
enforcement changes, market competitions, competitive product and
pricing activity; and (ix) risks relating to the combined company’s
ability to enhance its products and services, execute its business
strategy, expand its customer base and maintain stable relationship
with its business partners.
A further list and description of risks and uncertainties can be
found in the prospectus filed on April 26, 2022 relating to AIMA’s
initial public offering, the annual report of AIMA on Form 10-K for
the fiscal year ended on December 31, 2022, filed on April 17,
2023, and in the Registration Statement/proxy statement that will
be filed with the SEC by AIMA and/or its affiliates in connection
with the proposed transactions, and other documents that the
parties may file or furnish with the SEC, which you are encouraged
to read. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those indicated or
anticipated by such forward-looking statements. Accordingly, you
are cautioned not to place undue reliance on these forward-looking
statements. Forward-looking statements relate only to the date they
were made, and Aimfinity, Docter, and their subsidiaries undertake
no obligation to update forward-looking statements to reflect
events or circumstances after the date they were made except as
required by law or applicable regulation.
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 or
in respect of any potential transaction and does not constitute an
offer to sell or a solicitation of an offer to buy any securities
of AIMA, Purchaser or Docter, nor shall 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 shall be made except by means
of a prospectus meeting the requirements of the Securities Act.
Participants in the Solicitation
AIMA, Docter, and their respective directors, executive
officers, other members of management, and employees, under SEC
rules, may be deemed to be participants in the solicitation of
proxies of AIMA’s shareholders in connection with the proposed
transaction. Information regarding the persons who may, under SEC
rules, be deemed participants in the solicitation of AIMA’s
shareholders in connection with the proposed business combination
will be set forth in the proxy statement/prospectus on Form F-4 to
be filed with the SEC.
Contact Information:
Aimfinity Investment Corp. I
I-Fa ChangChief Executive Officer221 W 9th St,
PMB 235Wilmington, Delaware 19801ceo@aimfinityspac.com
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