Northern Star Investment Corp. II

Form Type: 8-K

Filing Date: 2025-01-03

Corporate Action: Liquidation

Type: New

Accession Number: 000121390025000843

Comments: On December 30, 2024, Northern Star Investment Corp. II held a Special Meeting of Stockholders where stockholders voted on the Dissolution Proposal. This proposal, which called for the liquidation and dissolution of the Company along with a related Plan of Liquidation and Dissolution, was approved unanimously with 9,766,667 shares represented. Following the vote, a Certificate of Dissolution was executed to commence the process of liquidation.

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Form Type: DEF 14A

Filing Date: 2024-12-19

Corporate Action: Liquidation

Type: New

Accession Number: 000121390024110547

Comments: The document outlines the proxy statement for a special meeting of stockholders of Northern Star Investment Corp. II, scheduled for December 30, 2024. The primary purpose of the meeting is to vote on a proposal for the liquidation and dissolution of the Company as outlined in a Plan of Liquidation and Dissolution. This decision has arisen from the Board's concerns regarding ongoing operational expenses, lack of revenues, and the unsuccessful search for a suitable business acquisition. The document also discusses the voting process for stockholders, indicating that approximately 85% of the outstanding shares are owned by the Company's sponsor, which expects to vote in favor of the proposals. There is a significant emphasis on the necessity of majority approval from stockholders to proceed with the dissolution, alongside provisions for potentially adjourning the meeting if more time is needed to facilitate the dissolution process. Additionally, it provides detailed instructions for stockholders on how to vote and engage with the proposals presented at the meeting.

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