On August 13, 2021, Soaring Eagle Acquisition Corp., a Cayman Islands exempted company limited by shares (the Company or
Soaring Eagle), issued a press release announcing that it has scheduled the extraordinary general meeting of the Companys shareholders (the Special Meeting) in connection with its business combination (the
Business Combination) with Ginkgo Bioworks, Inc. to be held on September 14, 2021. Notice of the Special Meeting and a proxy statement/prospectus in connection with the Special Meeting will be mailed to the Companys
shareholders of record as of the close of business on August 10, 2021 (the Record Date).
A copy of the press release is
attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Forward-Looking Statements Legend
This document contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed
transaction between Ginkgo and Soaring Eagle, including statements regarding the anticipated timing of the Special Meeting. These forward-looking statements generally are identified by the words believe, project,
expect, anticipate, estimate, intend, strategy, future, opportunity, plan, may, should, will, would,
will be, will continue, will likely result, and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and
assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the
transaction may not be completed in a timely manner or at all, which may adversely affect the price of Soaring Eagles securities, (ii) the risk that the transaction may not be completed by Soaring Eagles business combination
deadline and the potential failure to obtain an extension of the business combination deadline if sought by Soaring Eagle, (iii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the
agreement and plan of merger by the shareholders of Soaring Eagle and Ginkgo, the satisfaction of the minimum trust account amount following redemptions by Soaring Eagles public shareholders and the receipt of certain governmental and
regulatory approvals, (iv) the lack of a third party valuation in determining whether or not to pursue the proposed transaction, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the
agreement and plan of merger, (vi) the effect of the announcement or pendency of the transaction on Ginkgo business relationships, performance, and business generally, (vii) risks that the proposed transaction disrupts current plans of
Ginkgo and potential difficulties in Ginkgo employee retention as a result of the proposed transaction, (viii) the outcome of any legal proceedings that may be instituted against Ginkgo or against Soaring Eagle related to the agreement and plan
of merger or the proposed transaction, (ix) the ability to maintain the listing of Soaring Eagles securities on Nasdaq, (x) volatility in the price of Soaring Eagles securities due to a variety of factors, including changes in
the competitive and highly regulated industries in which Ginkgo plans to operate, variations in performance across competitors, changes in laws and regulations affecting Ginkgos business and changes in the combined capital structure,
(xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, and (xii) the risk of downturns in demand for products
using synthetic biology. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of Soaring Eagles proxy
statement/prospectus relating to the transaction, and in Soaring Eagles other filings with the SEC. Soaring Eagle and Ginkgo caution that the foregoing list of factors is not exclusive. Soaring Eagle and Ginkgo caution readers not to place
undue reliance upon any forward-looking statements, which speak only as of the date made. Neither Soaring Eagle nor Ginkgo undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Important Information About the Business Combination and Where to Find It
In connection with the proposed Business Combination, the Company filed the Registration Statement with the SEC, which includes a proxy
statement/prospectus that is both the proxy statement to be distributed to the Companys shareholders in connection with the Companys solicitation of proxies for the vote by the Companys shareholders with respect to the Business
Combination and other matters described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities of the Company to be issued in the Business Combination. The Registration Statement was declared
effective by the SEC on August 11, 2021 and the definitive proxy statement/prospectus and other relevant documents will be mailed to the Companys shareholders as of the Record Date. The Companys shareholders and other
interested persons are advised to read the definitive proxy statement/prospectus included in the Registration Statement, as these materials contain important information about the parties to the Business Combination. Shareholders may also
obtain copies of the proxy statement/prospectus and other documents filed with the SEC, without charge, at the SECs web site at www.sec.gov, or by directing a request to: Soaring Eagle Acquisition Corp., 955 Fifth Avenue, New York, NY 10075,
Attention: Eli Baker, Chief Financial Officer, (310) 209-7280.
Participants in the Solicitation
The Company and its directors and executive officers may be deemed participants in the solicitation of proxies from the
Companys shareholders with respect to the Business Combination. A list of the names of those directors and executive officers and information regarding their interests in the Company are contained in the Registration Statement.
Ginkgo and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of
the Company in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination are contained in the Registration Statement.
No Offer or Solicitation
This
Current Report on Form 8-K shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination. This Current Report on Form 8-K shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act.
Item 9.01.
|
Financial Statements and Exhibits.
|
(d) Exhibits.
2