I-AM Capital Acquisition Company Announces Postponement of its Special Meeting
I-AM CAPITAL ACQUISITION CO COMMON (IAM)
US:NASDAQ Investor Relations:
nasdaq.com/markets/ipos/company/iam-capital-acquisition-co-1027864-84173
Company Research
Source: GlobeNewswire
NEW YORK, Oct. 03, 2018 (GLOBE NEWSWIRE) -- I-AM Capital Acquisition Company (NASDAQ:IAM) ("the "Company"), announced today that the special meeting in lieu of an annual meeting of its stockholders that was scheduled for October 4, 2018 (the "special meeting"), has been postponed to a to-be-determined later date within the next 45 days because the Company requires additional time to market the transaction and take actions to reduce potential redemptions by its stockholders, including without limitation, entering into backstop arrangements with investors who will support the transaction. Once the new date for the special meeting is determined, a notice setting forth the exact date, time and location of the rescheduled special meeting will be mailed to stockholders of the Company. About I-AM Capital:The Company, which was co-founded and is led by F. Jacob Cherian and Suhel Kanuga, is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, f
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