ACT II Global Acquisition Corp. (ACTT), which was scheduled to hold their general shareholder vote and special warrant holder vote today to complete their combination with Flavors Holdings Inc. and subsidiaries Merisant Company and MAFCO Worldwide LLC, announced this morning that they have adjourned their meeting and rescheduled for Wednesday, June 24th, to allow for more time to solicit additional proxies from its shareholders and public warrant holders.
As a result of the adjournment, the redemption deadline has been changed as well. The final date for public shareholders to demand redemption of their shares has been extended to 5:00 p.m., Eastern Time, on June 22, 2020. However, the record date remains the same, which is the close of business on May 1, 2020.
This is the first time ACTT has had to adjourn their shareholder meeting. This will give the ACTT team time to strengthen the vote.