Liquidation: Evergreen Corp

Form Type: DEFA14A

Filing Date: 2025-01-27

Corporate Action: Liquidation

Type: Update

Accession Number: 000149315225003822

Filing Summary: Evergreen Corporation is holding an Extraordinary General Meeting on January 28, 2025, to address several proposals. Foremost among them is the Extension Amendment Proposal, which would allow the Company to extend the Combination Period up to six times for an additional month each time until August 11, 2025. This extension is contingent upon depositing $0.05 for each Class A ordinary share into the Trust Account by a specified deadline. The document outlines that should the Company fail to finalize a business combination by February 11, 2025, it will face liquidation after a 30-day cure period, and the Trust Agreement will be amended to eliminate provisions allowing the withdrawal of funds for dissolution expenses. The proposed amendments aim to provide more time for a business combination while ensuring that an orderly liquidation process is in place if needed.