The Trust Amendment Proposal was overwhelmingly approved with 30,526,358 shares in favor of changing the date of the liquidation with just 783 shares against it. A total of 30,527,141, or 94.7%, of Gobi’s issued and outstanding ordinary shares were present either in person or by proxy at today’s meeting.
Although most SPACs typically hold a shareholder meeting to extend a deadline or approve of a business combination, Gobi filed a proxy about two weeks ago to allow shareholders to decide if it should liquidate early. A liquidation announcement should now be forthcoming.
Gobi Acquisition Corp priced its IPO nearly a year ago, on June 29, 2021, raising approximately $255 million. It is a 24 month SPAC that originally had a completion deadline of July 1, 2023.