Swiftmerge Acquisition Corp. Announces Extraordinary General Meeting on March 13, 2024

TL;DR

<b>Swiftmerge Acquisition Corp. is holding an extraordinary general meeting on March 13, 2024, with options for in-person, virtual, and telephonic participation and voting.</b>

AI Summary

Swiftmerge Acquisition Corp. (ANNAW) filed a Proxy Statement (DEF 14A) with the SEC on March 4, 2024. Swiftmerge Acquisition Corp. will hold an extraordinary general meeting on March 13, 2024, at 3:00 p.m. New York Time. The meeting will be held in person at Loeb & Loeb LLP offices and virtually via live webcast and teleconference. Shareholders can vote online at cstproxyvote.com or by telephone. In-person attendance requires reservation by March 11, 2024, by contacting Loeb & Loeb LLP. The company is a Cayman Islands exempted company.

Why It Matters

For investors and stakeholders tracking Swiftmerge Acquisition Corp., this filing contains several important signals. This meeting is crucial for shareholders to vote on proposals that will shape the future direction of Swiftmerge Acquisition Corp. The hybrid format (in-person and virtual) allows for broad shareholder participation, ensuring all voices can be heard on important corporate matters.

Risk Assessment

Risk Level: — Swiftmerge Acquisition Corp. shows moderate risk based on this filing. The filing is a routine proxy statement for a general meeting, with no immediate financial or operational risks disclosed.

Analyst Insight

Shareholders should review the proposals and vote by the specified deadlines to influence the company's upcoming decisions.

Key Numbers

• March 13, 2024 — Meeting Date (Extraordinary General Meeting date.)
• 3:00 p.m. — Meeting Time (Time of the Extraordinary General Meeting.)
• March 11, 2024 — Reservation Deadline (Deadline for in-person attendance reservation.)

Key Players & Entities

• Swiftmerge Acquisition Corp. (company) — Registrant and filer of the proxy statement.
• March 13, 2024 (date) — Date of the extraordinary general meeting.
• Loeb & Loeb LLP (company) — Location for in-person meeting and contact for reservations.
• New York (location) — Time zone and location for the meeting.
• March 11, 2024 (date) — Deadline to reserve in-person attendance.

FAQ

Industry Context

Swiftmerge Acquisition Corp. is a special purpose acquisition company (SPAC), typically formed to raise capital through an IPO to acquire an existing company.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the agenda and proposals for the March 13, 2024, Extraordinary General Meeting.
2. Decide on voting preferences for each proposal presented.
3. Submit proxy votes online, by phone, or in person by the specified deadlines.

Key Dates

• 2024-03-13: Extraordinary General Meeting — Shareholders will vote on company proposals.
• 2024-03-11: In-person Attendance Reservation Deadline — Last day to reserve physical attendance at the meeting.

Glossary

Proxy Statement

A document filed with the SEC that contains information that a company must provide to shareholders before their annual or special meeting. (Provides essential details about the upcoming meeting and proposals for shareholder voting.)

Extraordinary General Meeting

A meeting of shareholders called for a specific, urgent purpose outside of the regular annual meeting. (This meeting is where key decisions impacting the company's future will be made by shareholder vote.)

Year-Over-Year Comparison

This is a Definitive Proxy Statement (DEF 14A) filed for an upcoming shareholder meeting, indicating routine corporate governance activity.

Key Financial Figures

• $5,000,001 — angible assets ( NTAs ) to be less than $5,000,001; and (ii) the limitations that the Comp
• $0.0001 — blic Class A ordinary shares, par value $0.0001 per share issued as part of the units s
• $10.92 — rice per Public Share was approximately $10.92 (which is expected to be the same appro
• $24,557,529 — t in the Trust Account of approximately $24,557,529 as of February 22, 2024 (including inte
• $10.99 — ares on Nasdaq on February 22, 2024 was $10.99. Accordingly, if the market price of th
• $0.07 — f Public Shares receiving approximately $0.07 less per share than if the Public Share
• $100,000 — pay Swiftmerges taxes payable and up to $100,000 for dissolution expenses), by (B) the t

Filing Documents

• d752682ddef14a.htm (DEF 14A) — 395KB
• 0001193125-24-058008.txt (&nbsp;) — 396KB

From the Filing

DEF 14A 1 d752682ddef14a.htm DEF 14A DEF 14A Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 SWIFTMERGE ACQUISITION CORP. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 Table of Contents SWIFTMERGE ACQUISITION CORP. A Cayman Islands Exempted Company 4318 Forman Ave. Toluca Lake, California 91602 Dear Swiftmerge Acquisition Corp. Shareholder: You are cordially invited to attend an extraordinary general meeting of Swiftmerge Acquisition Corp., a Cayman Islands exempted company (the Company , Swiftmerge, we , us or our ), which will be held on March 13, 2024, at 3:00 p.m., New York Time (the Extraordinary General Meeting ). The Extraordinary General Meeting will be held in person at the offices of Loeb & Loeb LLP, 345 Park Avenue, New York, NY 10154 and virtually via live webcast at https://www.cstproxy.com/swiftmergeacquisition/2024 and via teleconference using the following dial-in information: Telephone access (listen-only): Within the U.S. and Canada: 1 800-450-7155 (toll-free) Outside of the U.S. and Canada: +1 857-999-9155 (standard rates apply) Conference ID: 8357434# You can vote on the proposals being presented at the Extraordinary General Meeting by visiting https://www.cstproxyvote.com and entering the voter control number located under the bar card code on your proxy card, voting instruction form or notice included in the proxy materials. You can also vote by telephone by dialing toll-free 1-866-894-0536 and following the instructions. The Extraordinary General Meeting be conducted via live webcast, but the physical location of the Extraordinary General Meeting will remain at the location specified above for the purposes of our amended and restated memorandum and articles of association (the Articles of Association ). If you wish to attend the Extraordinary General Meeting in person, you must reserve your attendance at least two business days in advance of the Extraordinary General Meeting by contacting Loeb & Loeb LLP at 345 Park Avenue, New York, NY 10154 by 10:00 a.m., New York Time, on March 11, 2024 (two business days prior to the scheduled meeting date). While Shareholders may attend the Extraordinary General Meeting in person at the meeting location, we strongly encourage the Shareholders to attend the meeting virtually or by telephone. The attached Notice of the Extraordinary General Meeting and proxy statement describe the business Swiftmerge will conduct at the Extraordinary General Meeting and provide information about Swiftmerge that you should consider when you vote your shares. As set forth in the attached proxy statement, the Extraordinary General Meeting will be held for the purpose of considering and voting on the following proposals: Proposal No. 1 Extension Amendment Proposal To approve, as a special resolution, an amendment to Swiftmerges Articles of Association as provided by the first resolution in the form set forth in Annex A to the accompanying proxy statement, to extend the date by which Swiftmerge must consummate a business combination from March 15, 2024 (the Termination Date ) to June 17, 2025 (the Extended Date ) conditioned upon the approval of the Trust Amendment Proposal. This proposal is referred to as the Extension Amendment Proposal ); Proposal No . 2 Trust Agreement Amendment Proposal To approve, as a special resolution, as provided in Annex B to the accompanying proxy statement, an amendment to Swiftmerges investment management trust agreement, dated as of December 17, 2021 and as amended on June 15, 2023 (the Trust Agreement ), by and between the Company and Continental Stock Transfer & Trust Company (the Trustee ), to extend the Termination Date from March 15, 2024 to June 17, 2025, the Extended Date conditioned upon the approval of the Extension Amendment Proposal and the NTA Requirement Amendment Proposal. This proposal is referred to as the Trust Agreement Amendment Proposal ; Proposal No. 3 NTA Requirement Amendment Proposal To approve, as a special resolution, as provided in the second resolution in the form set forth in Annex A to the accompanying proxy statement, an amendment to the Articles of Association to delete: (i) the limitations that the Company Table of Conte

View Full Filing

View this DEF 14A filing on SEC EDGAR