DOUBLE EAGLE ACQUISITION CORP. (NASDAQ:EAGL) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
On September 15, 2017, Double Eagle Acquisition Corp., a Cayman Islands exempted company (the “Company”), held an extraordinary general meeting (the “Extraordinary General Meeting”) at which its shareholders approved an amendment to the Company’s amended and restated memorandum and articles of association (the “charter”) to extend the date by which the Company must (i) consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (a “business combination”) or (ii) cease its operations if it fails to complete such business combination and redeem all of the Company’s Class A ordinary shares (“public shares”), from September 16, 2017 to December 31, 2017 (the “Extension Amendment Proposal”).
Set forth below are the results of the shareholder vote on the Extension Amendment Proposal. There were no broker non-votes.
| Votes For | Votes Against | Abstentions | ||
| 55,803,301 | 174,517 | 20,654 |
In connection with the Extension Amendment Proposal, public shareholders had the right to elect to redeem all or a portion of their public shares for a per-share price calculated in accordance with the charter. In connection therewith, public shareholders holding 295,671 shares validly elected to redeem their public shares. After giving effect to such redemptions, the balance in the Company’s trust account was approximately $500,650,118.
On September 15, 2017, the Company issued a press release to report the outcome of the Extraordinary General Meeting. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
| Item 9.01. | Financial Statements and Exhibits. |
The following exhibit is furnished as part of this report:
(d) Exhibits.
| ExhibitNo. | Description |
| 99.1 | Press Release. |
Double Eagle Acquisition Corp. ExhibitEX-99.1 2 v475273_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 DOUBLE EAGLE ACQUISITION CORP. ANNOUNCES RESULTS OF ITS EXTRAORDINARY GENERAL MEETING Extension Approved by Double Eagle’s Shareholders Allows for Business Combination to Close by December 31,…To view the full exhibit click here
About DOUBLE EAGLE ACQUISITION CORP. (NASDAQ:EAGL)
Double Eagle Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company is not engaged in, and will not engage in, any operations for an indefinite period of time. The Company has not generated any revenue.
