Black Ridge Acquisition Corp. Announces Intention to Adjourn Special Meeting of Stockholders Relating to Proposed Bus. Combin...
June 24 2019 - 7:00AM
Business Wire
Adjournment to Provide Additional Time to
Complete Conditions Necessary to Consummate Proposed Business
Combination
Black Ridge Acquisition Corp. (NASDAQ: BRAC), a public
acquisition vehicle (“Black Ridge”), today announced that it
intends to adjourn its Special Meeting of Stockholders (the
“Special Meeting”) relating to its proposed business combination
with Allied Esports and the World Poker Tour to July 8, 2019, at
10:00 a.m., local time, at the offices of its general counsel,
Graubard Miller, located at The Chrysler Building, 405 Lexington
Avenue, 11th Floor, New York, New York 10174. The adjournment is
intended to allow Black Ridge more time to complete the conditions
necessary to consummate the proposed business combination.
As previously announced, Black Ridge entered into an Agreement
and Plan of Reorganization pursuant to which Black Ridge will
acquire Allied Esports and the World Poker Tour. The parties expect
the proposed transactions to be consummated shortly after the
Special Meeting is held and completed.
The Special Meeting was originally scheduled for June 28, 2019.
The record date for determination of stockholders entitled to vote
at the Special Meeting, including at all adjournments thereof,
remains June 10, 2019.
About Black Ridge Acquisition Corp.
Black Ridge Acquisition Corp. is a special purpose acquisition
company sponsored by Black Ridge Oil & Gas, Inc. (OTCQB: ANFC)
for the purpose of effecting a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses or assets. Black
Ridge Acquisition Corp. completed its initial public offering in
October 2017, raising $138 million in cash proceeds.
No Offer or Solicitation
This communication is for informational purposes only and is
neither an offer to sell or purchase, nor the solicitation of an
offer to buy or sell any securities, nor is it a solicitation of
any vote, consent, or approval in any jurisdiction pursuant to or
in connection with the business combination or otherwise, nor shall
there be any sale, issuance or transfer of securities in any
jurisdiction in contravention of applicable law.
Participants in Solicitation
Black Ridge and its directors and executive officers may be
deemed participants in the solicitation of proxies of Black Ridge
stockholders in respect of the proposed business combination.
Information about the directors and executive officers of Black
Ridge is set forth in Black Ridge’s definitive proxy statement
relating to the business combination and Black Ridge’s other
reports filed with the Securities and Exchange Commission including
its Form 10-K for the year ended December 31, 2018. Information
about the directors and executive officers and more detailed
information regarding the identity of all potential participants,
and their direct and indirect interests, by security holdings or
otherwise, is set forth in Black Ridge’s definitive proxy
statement. Investors may obtain additional information about the
interests of such participants by reading such proxy statement on
the SEC’s website at www.sec.gov.
Forward Looking Statements
This press release includes forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements, based upon the current
beliefs and expectations of Black Ridge’s management, are subject
to risks and uncertainties, which could cause actual results to
differ from the forward-looking statements.
Forward-looking statements are inherently uncertain and subject
to a variety of events, factors and conditions, many of which are
beyond the control of Black Ridge and not all of which are known to
Black Ridge, including, without limitation those risk factors
described from time to time in Black Ridge’s reports filed with the
SEC, including the definitive proxy statement. Among the factors
that could cause actual results to differ materially are: the
successful completion of the Business Combination, amount of
redemptions and the ability to retain key personnel and the ability
to achieve stockholder and regulatory approvals. Most of these
factors are outside the control of Black Ridge and are difficult to
predict. The information set forth herein should be read in light
of such risks. Black Ridge does not assume any obligation to update
the information contained in this press release except as required
by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190624005213/en/
Lasse Glassen Addo Investor Relations lglassen@addoir.com 424-238-6249
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