Filed by Wildfire New PubCo, Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Jack Creek Investment Corp.
Commission File No.: 001-39602
Date: December 20, 2022
Jack Creek Investment Corp. and Bridger Aerospace Announce Registration Statement Effectiveness and Extraordinary General Meeting Date to
Approve Business Combination
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Extraordinary General Meeting of Jack Creek Shareholders scheduled for January 10, 2023
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Bridger Aerospace to be the only pure play, public U.S. aerial firefighting services company to offer
industry-leading tactical expertise and proprietary technological capabilities to combat year-round environmental and economic crises associated with forest fires |
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Combined company to be listed on NASDAQ under ticker BAER |
BOZEMAN, Mont. and NEW YORK, December 20, 2022 Jack Creek Investment Corp. (Jack Creek) (NASDAQ: JCIC), a special purpose acquisition
company, and Bridger Aerospace Group Holdings, LLC (Bridger Aerospace), a leading independent provider of aerial firefighting services, announced that the Securities and Exchange Commission (the SEC) has declared effective as
of December 16, 2022 the registration statement (the Registration Statement) on Form S-4 of Wildfire New PubCo, Inc. (New Bridger) in connection with the previously announced
business combination between Jack Creek and Bridger Aerospace.
Jack Creek has established a record date of November 30, 2022 (the Record
Date) and announced it will hold an extraordinary general meeting of shareholders (the Extraordinary General Meeting) at 9:00 a.m. Eastern Time on January 10, 2023, to approve the business combination with Bridger Aerospace.
Shareholders of record as of the Record Date will be entitled to receive notice of and to vote at the Extraordinary General Meeting.
The closing of the
business combination is subject to approval by Jack Creeks shareholders and the satisfaction of other customary closing conditions. The business combination is expected to close promptly after the Extraordinary General Meeting. Upon closing,
the combined company will be named Bridger Aerospace Group Holdings, Inc. and its common stock and warrants are expected to list on the Nasdaq Capital Market under the ticker symbols BAER and BAERW, respectively.
As previously announced, and as further described in the Registration Statement, the combined company will have an implied $915 million pro forma
enterprise value, assuming no redemptions by Jack Creeks shareholders. The transaction, which does not have a minimum cash requirement or require a PIPE offering, is expected to deliver up to approximately $345 million of cash to Bridger
Aerospaces balance sheet, assuming no redemptions by Jack Creeks public shareholders and before payment of transaction expenses. Even without assuming any cash from the transaction, Bridger Aerospace is well-positioned financially to
further expand its fleet and explore proprietary strategic investments to complete its growth plans for 2023.