M&A - NORTHERN REVIVAL ACQUISITION Corp

Form Type: PRE 14A

Filing Date: 2025-04-15

Corporate Action: Merger

Type: New

Accession Number: 000121390025032188

Filing Summary: Northern Revival Acquisition Corporation is convening an extraordinary general meeting on May 2, 2025, to vote on key proposals, primarily the Extension Proposal, which seeks to amend the company's charter. This amendment would extend the deadline for consummating an initial business combination from May 4, 2025, to November 4, 2025. The meeting will also cover an Adjournment Proposal, permitting further solicitation for votes if necessary. Notably, if the extension is not approved by May 4, 2025, the company plans to liquidate and redeem outstanding public shares for cash from the trust account. Shareholders can redeem shares at an estimated per-share price, determined by the trust account's total cash, including interest not used for tax obligations, divided by the outstanding public shares. To redeem, shareholders must follow specific instructions regarding share separation and notification to the transfer agent. The board strongly recommends a vote in favor of the Extension Proposal, viewing it essential for completing an initial business combination.