M&A - Slam Corp.

Form Type: 425

Filing Date: 2025-06-24

Corporate Action: Merger

Type: New

Accession Number: 000121390025056888

Filing Summary: On June 24, 2025, Slam Corp. filed a current report regarding its ongoing business combination with Lynk Global, Inc., Lynk Global Holdings, Inc., and associated entities. The report discusses a civil complaint filed by Slam against Lynk and TopCo, seeking a declaration that a termination of their business combination agreement (BCA) would be ineffective. The complaint alleges breaches of the BCA by the defendants and requests specific performance to finalize the transaction as planned. The Court has granted expedited treatment of this litigation, indicating urgency in resolving the dispute surrounding the merger. The document emphasizes the importance of an upcoming Shareholder Meeting related to the merger and outlines that shareholders should read the Extension Proxy Statement for critical information regarding the transaction. It addresses risks associated with the merger process, including satisfaction of closing conditions and potential impacts of regulatory approvals.

Form Type: 8-K

Filing Date: 2025-06-24

Corporate Action: Merger

Type: Update

Accession Number: 000121390025056886

Filing Summary: On June 24, 2025, Slam Corp. filed a Form 8-K reporting developments related to its business combination agreement with Lynk Global, Inc. and related parties. The document highlights a civil complaint filed by Slam against Lynk and TopCo in Delaware, seeking to prevent the termination of the business combination agreement (BCA) and mandating the fulfillment of obligations under the BCA. Key points include accusations of breach of contract by the defendants and the court's expedited treatment of the case. An extension proxy statement, mailed to shareholders on June 6, 2025, is referenced as containing crucial information about the upcoming shareholder meeting and the business combination. The report indicates that the business combination will be pursued following the terms set in the BCA, with considerable emphasis on the stakes involved for Slam's shareholders and the litigation's implications for the merger's timeline.

Form Type: DEFA14A

Filing Date: 2025-06-24

Corporate Action: Merger

Type: New

Accession Number: 000121390025056890

Filing Summary: On June 24, 2025, Slam Corp filed this DEFA14A regarding its business combination with Lynk Global, Inc., following a Business Combination Agreement (BCA) entered into on February 4, 2024. A civil complaint was filed against Lynk and TopCo on June 19, 2025, seeking enforcement of the BCA, alleging that Lynk breached its obligations. The court granted expedited treatment for this litigation on June 20, 2025. The document advises shareholders to read the Extension Proxy Statement mailed around June 6, 2025, which contains important information regarding the upcoming shareholder meeting and the Business Combination. This report serves as connectivity and informative material related to the Business Combination, detailing the proposed merger process, including the filing of additional documents with the SEC.

Form Type: DEFA14A

Filing Date: 2025-06-24

Corporate Action: Merger

Type: Update

Accession Number: 000121390025057325

Filing Summary: On June 24, 2025, Slam Corp. convened an extraordinary general meeting of its shareholders, which was subsequently adjourned without conducting further business. The meeting was focused on a proposal to amend the company's memorandum and articles of association regarding the extension of the Termination Date for a Business Combination. The proposal sought to extend the consummation date from June 25, 2025, to July 25, 2025, and allow the board to extend the Termination Date up to five additional months upon request by the Sponsor. Approximately 97.08% of shareholders were represented, and the adjournment proposal was approved with significant majority votes. The meeting is rescheduled for June 25, 2025, to further discuss the proposal, and shareholders are advised on the process to withdraw any previously submitted redemption requests. All relevant documents regarding the meeting are accessible on the company's proxy voting website.

Form Type: 425

Filing Date: 2025-06-20

Corporate Action: Merger

Type: Update

Accession Number: 000121390025055747

Filing Summary: On June 18, 2025, Slam Corp. convened and then adjourned its extraordinary general meeting of shareholders without conducting any other business. The meeting was focused on a proposed amendment to extend the deadline for consummating a Business Combination from June 25, 2025, to July 25, 2025, and allowing the Company to extend this deadline on a monthly basis for up to five additional months based on board resolution. The only proposal voted on was the adjournment of the meeting, which was approved by shareholders. A total of 15,895,753 Ordinary Shares held were represented, constituting approximately 97.07% of the voting power. The meeting has been adjourned to June 24, 2025. The Company is also extending the deadline for shareholders to withdraw any previously delivered demand for redemption to June 25, 2025. The report connects to a Business Combination involving Lynk and includes relevant filings with the SEC.

Form Type: 8-K

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: Update

Accession Number: 000121390025055745

Filing Summary: On June 18, 2025, Slam Corp. convened and subsequently adjourned its extraordinary general meeting of shareholders without conducting any other business. The meeting was held to discuss a proposed amendment to the company's amended and restated memorandum and articles of association to extend the deadline for completing a business combination from June 25, 2025, to July 25, 2025. The amendment would also allow the company to further extend this deadline on a monthly basis for up to five times by an additional month each, upon request by the Slam Sponsor, LLC, with a total potential extension extending to December 25, 2025. Approximately 97.07% of the voting power of Slam was represented at the meeting, and the shareholders approved the adjournment proposal. The meeting is set to reconvene on June 24, 2025. The company has also extended the deadline for shareholders to withdraw any previously delivered demand for redemption to June 25, 2025, at 8:00 a.m. Eastern Time.

Form Type: DEFA14A

Filing Date: 2025-06-20

Corporate Action: Merger

Type: Update

Accession Number: 000121390025055751

Filing Summary: On June 18, 2025, Slam Corp. convened and subsequently adjourned its extraordinary general meeting of shareholders, concerning the amendment to the company's amended and restated memorandum and articles of association, extending the deadline to complete a Business Combination from June 25, 2025, to July 25, 2025. The proposal allows for potential further extensions without a shareholder vote. A quorum was present at the meeting, with shareholders approving the Adjournment Proposal. The results indicated 14,228,955 votes in favor, out of a total of 15,895,753 shares present, amounting to approximately 97.07% of the voting power. The meeting will continue on June 24, 2025. Shareholders were informed about an extension on the deadline to withdraw redemption requests to 8:00 a.m. on June 25, 2025. This document outlines the steps towards a Business Combination involving Lynk, as part of ongoing regulatory compliance and communication efforts related to the merger proposals.

Form Type: 425

Filing Date: 2025-06-09

Corporate Action: Merger

Type: Update

Accession Number: 000121390025052710

Filing Summary: On June 6, 2025, Slam Corp. filed a definitive proxy statement announcing an extraordinary general meeting to vote on proposed amendments to extend the termination date for consummating a business combination until December 24, 2025. This includes the potential for monthly extensions up to five additional months if requested by the Sponsor. The notice included changes regarding the redemption price per share and the number of outstanding shares as of the record date, May 27, 2025. Significant attention was placed on the redemption rights available to Class A ordinary shareholders and the implications of a business combination involving Lynk and other entities. Proxies are being solicited in connection with the business combination, and the importance of shareholders understanding the documents relating to the merger is emphasized. The closing price of shares and details about shareholder engagement in the upcoming vote are also highlighted.

Form Type: 8-K

Filing Date: 2025-06-09

Corporate Action: Merger

Type: Update

Accession Number: 000121390025052699

Filing Summary: On June 6, 2025, Slam Corp. filed a definitive proxy statement to announce an extraordinary general meeting for shareholders to vote on extending the deadline for completing a business combination from June 25, 2025, to December 24, 2025. The proposal also allows for monthly extensions for up to five additional months. This is part of the company's plan regarding an impending merger with Lynk Global Holdings, Inc. Shareholders recorded as of May 27, 2025, will have the right to vote and options for redeeming their shares. The report indicates the redemption price as of June 5, 2025, was estimated at approximately $12.29 per share, suggesting a strategic option for shareholders considering their investments in light of the proposed merger and financial conditions. The document emphasizes the importance of reading the proxy statement prior to voting, as it contains critical information regarding the merger process. Forward-looking statements regarding the merger reflect various risks and uncertainties that could impact the outcomes.

Form Type: DEFA14A

Filing Date: 2025-06-09

Corporate Action: Merger

Type: New

Accession Number: 000121390025052714

Filing Summary: On June 6, 2025, Slam Corp. filed a definitive proxy statement to convene an extraordinary general meeting for shareholders to vote on an amendment to extend the date to complete a Business Combination to December 24, 2025. This amendment allows for further monthly extensions upon action by the board if requested by Slam Sponsor, LLC. The agenda includes provisions for adjourning the meeting if there are insufficient votes. As of June 5, 2025, the redemption price per share was approximately $12.29, based on amounts held in the Trust Account. Shareholders who hold Class A Ordinary Shares at the close of business on May 27, 2025, are eligible to vote and may also redeem shares regardless of their voting intentions. The proxy statement was mailed to shareholders on June 6, 2025, encouraging them to read it thoroughly before making voting decisions. This report is related to a business combination involving Lynk and Slam.

Form Type: 10-Q

Filing Date: 2025-05-15

Corporate Action: Merger

Type: Update

Accession Number: 000121390025044236

Filing Summary: Slam Corp., a blank check company, is moving towards a potential merger with Lynk Global, Inc. A non-binding letter of intent was signed on December 18, 2023, proposing that Lynk's equity holders will roll 100% of their equity into the combined public entity. The agreement indicates the company is actively engaged in finding a business combination, necessitated by the impending end of the business combination period, set for June 25, 2025. The document also details the company's financial performance and a net loss of $692,220 for the quarter ending March 31, 2025. The report includes an overview of the liquidity challenges faced as the company relies on funding from its sponsor, and highlights steps taken to extend the deadline for completing the merger process, underscoring the urgency of advancing negotiations for the business combination.

Form Type: 10-K

Filing Date: 2025-04-15

Corporate Action: Merger

Type: New

Accession Number: 000121390025032191

Filing Summary: Slam Corp. is a blank check company incorporated in the Cayman Islands pursuing a merger or similar business combination with one or more entities. As of the latest fiscal year ending December 31, 2024, Slam Corp. has no operating history or revenues. On February 4, 2024, it entered into a Business Combination Agreement to merge with Lynk Global, Inc., which involves a series of transactions culminating in the transfer of registration from the Cayman Islands to Delaware, the conversion of existing shares into new shares of Topco, and mergers with subsidiary entities. The detailed structure includes the survivorship of Merger Sub 1, and Lynk emerging as a subsidiary of Topco following Merger Sub 2's conversion and subsequent merger. Potential risks include the company’s limited operating history, substantial doubt about its ability to continue as a going concern, and various factors affecting future performance, including market conditions and the ability to consummate the business combination. The trading of its Class A shares began on OTCQX in September 2024, and as of April 10, 2025, there are 16,140,267 Class A ordinary shares outstanding.

Form Type: 8-K

Filing Date: 2024-12-30

Corporate Action: Merger

Type: New

Accession Number: 000121390024113477

Filing Summary: On December 27, 2024, Slam Corp. announced a business combination with Lynk Global, Inc., involving multiple parties including Lynk Global Holdings, Inc. and associated entities. The transaction is being facilitated through a definitive proxy statement and a proposed registration statement filed with the SEC. Key highlights include a commitment from Slam Sponsor, LLC to provide significant financial support to the company in the form of a $600,000 unsecured promissory note to fund operations through the transition period. This Business Combination is contingent on various shareholder approvals, with a planned completion by March 25, 2025. The filing also discusses the implications of the merger, including potential impacts on shareholder structure and financial health.