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Chain Bridge I Shareholders Approve Business Combination Deadline Extension
CBGGF
Proxy Vote Outcomes
M&A
- Chain Bridge I shareholders approved an amendment to extend the deadline for consummating an Initial Business Combination from November 15, 2025, to November 15, 2026, at an Extraordinary General Meeting held on October 29, 2025.
- The Amendment Proposal passed with 5,247,303 votes "For" and 1,287 votes "Against".
- In connection with the meeting, 393,146 Class A Shares were redeemed for approximately $4,721,683 in cash from the trust account.
- Following these redemptions, 2,621,590 Class A Ordinary Shares and 3,191,000 Class B Ordinary Shares are outstanding.
- Fulton AC I LLC will contribute $625.90 per month to the Trust Account, commencing November 16, 2025, until the extended termination date or consummation of an Initial Business Combination.
Nov 4, 2025, 12:09 AM
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