Investcorp India Acquisition Corp. Files Definitive Proxy Statement
Ticker: IVCAF · Form: DEF 14A · Filed: Jul 30, 2024 · CIK: 1852889
| Field | Detail |
|---|---|
| Company | Investcorp India Acquisition Corp (IVCAF) |
| Form Type | DEF 14A |
| Filed Date | Jul 30, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $111.5 m, $11.40, $11.50, $100,000, $111.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, governance
TL;DR
Investcorp India Acquisition Corp. filed its DEF 14A. Shareholders vote soon.
AI Summary
Investcorp India Acquisition Corp. filed a Definitive Proxy Statement (DEF 14A) on July 30, 2024, for the fiscal year ending December 31. The company, previously known as Investcorp Acquisition Corp. until March 23, 2021, is headquartered in George Town, Grand Cayman, and operates in the Blank Checks sector.
Why It Matters
This filing provides shareholders with important information regarding the company's governance and upcoming decisions, allowing them to make informed voting choices.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not inherently indicate new risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Investcorp India Acquisition Corp (company) — Registrant
- Investcorp Acquisition Corp. (company) — Former company name
- 20210323 (date) — Date of name change
- 20240730 (date) — Filing date
- 001-41383 (other) — SEC File Number
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit shareholder votes on important corporate matters, such as director elections or mergers.
When was Investcorp India Acquisition Corp. previously known by another name?
The company was formerly known as Investcorp Acquisition Corp. until March 23, 2021.
What is the filing date of this DEF 14A?
This Definitive Proxy Statement was filed on July 30, 2024.
What is the primary business sector for Investcorp India Acquisition Corp. according to the filing?
The filing indicates the company operates in the Blank Checks sector, with SIC code 6770.
Where is Investcorp India Acquisition Corp. headquartered?
The company's business and mailing address is listed as Century Yard, Cricket Square, Elgin Avenue, PO Box 1111, George Town, Grand Cayman, E9.
Filing Stats: 4,772 words · 19 min read · ~16 pages · Grade level 16.4 · Accepted 2024-07-29 21:39:26
Key Financial Figures
- $111.5 m — July 26, 2024, which was approximately $111.5 million, we anticipate that the per-share
- $11.40 — the Trust Account will be approximately $11.40 at the time of the Extraordinary Genera
- $11.50 — he mailing of this Proxy Statement, was $11.50. We cannot assure shareholders that the
- $100,000 — to us to pay taxes, if any (less up to $100,000 of interest to pay dissolution expenses
- $111.5 million — y a small fraction of the approximately $111.5 million that was in the Trust Account as of Jul
- $15,000.00 — . We have agreed to pay Morrow a fee of $15,000.00. We will also reimburse Morrow for reas
- $258.7 million — for which we derived gross proceeds of $258.7 million. Simultaneously with the closing of our
- $16.1 million — nts, generating gross proceeds to us of $16.1 million. Of the gross proceeds received from ou
- $266,512,500 — rivate placement warrants, we deposited $266,512,500 in the Trust Account. Like many blank
Filing Documents
- d826713ddef14a.htm (DEF 14A) — 309KB
- g826713g35z78.jpg (GRAPHIC) — 8KB
- 0001193125-24-187924.txt ( ) — 321KB
From the Filing
DEF 14A 1 d826713ddef14a.htm DEF 14A DEF 14A 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 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 Pursuant to 240.14a-12 Investcorp India 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 14A(i)(l) and 0-11. INVESTCORP INDIA ACQUISITION CORP A Cayman Islands Exempted Company Century Yard, Cricket Square, Elgin Avenue, P.O. Box 1111, George Town Grand Cayman KYl-1102, Cayman Islands NOTICE OF EXTRAORDINARY GENERAL MEETING To be held at 10:00 a.m. E.S.T. on August 8, 2024 TO THE SHAREHOLDERS OF INVESTCORP INDIA ACQUISITION CORP: You are cordially invited to attend the extraordinary general meeting (the Extraordinary General Meeting) of INVESTCORP INDIA ACQUISITION CORP (we, us, our or the Company) to be held at 10:00 a.m. E.S.T. on August 8, 2024 at the offices of Winston & Strawn LLP, located at 800 Capitol Street, Suite 2400, Houston, Texas 77002, or at such other time, on such other date and at such other place to which the meeting may be postponed or adjourned, or to attend virtually via the Internet. While shareholders are encouraged to attend the meeting virtually, you will be permitted to attend the Extraordinary General Meeting in person at the offices of Winston & Strawn LLP. You will be able to attend the Extraordinary General Meeting online, vote and submit your questions during the Extraordinary General Meeting by visiting https://www.cstproxy.com/investcorpindiaspac/2024. If you do not have Internet capabilities, you can listen to the Extraordinary General Meeting by phone dialing +1 800-450-7155 (toll-free) within the U.S. and Canada or + 1 857-999-9155 (standard rates apply) outside of the U.S. and Canada. When prompted enter the pin number 1270107#. This option is listen-only, and you will not be able to vote or enter questions during the Extraordinary General Meeting if you choose to participate telephonically. The accompanying proxy statement (the Proxy Statement) is dated July 29, 2024, and is first being mailed to shareholders of the Company on or about July 29, 2024. The sole purpose of the Extraordinary General Meeting is to consider and vote upon the following proposals: Proposal No. 1 The Extension Amendment Proposal to approve, as a special resolution, the amendment of the Companys amended and restated memorandum and articles of association (as may be amended from time to time, the Articles) as provided by the first resolution in the form set forth in Annex A to the accompanying Proxy Statement (the Extension Amendment and, such proposal, the Extension Amendment Proposal) to extend the date (the Extension) by which the Company must (1) consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (a business combination), (2) cease its operations except for the purpose of winding up if it fails to consummate such business combination, and (3) redeem all of the Companys Class A ordinary shares included as part of the units sold in the Companys initial public offering (such shares, including any shares issued in exchange thereof, the public shares) that was consummated on May 12, 2022 (our IPO), from August 12, 2024 (which is 27 months from the closing date of our IPO) to May 12, 2025 (such date, the Extended Date); and Proposal No. 2 The Adjournment Proposal to approve, as an ordinary resolution, the adjournment of the Extraordinary General Meeting to a later date or dates or indefinitely, if necessary or convenient, either (x) to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of any of the foregoing proposals or (y) if our board determines before the Extraordinary General Meeting that it is not necessary or no longer desirable to proceed with the other proposals (the Adjournment Proposal). Each of the Extension Amendment Proposal and the Adjournment Proposal is more fully described in the accompanying Proxy Statement. The purpose of the Extension Amendment is to allow us more time to enter into and consummate a business combination. The Articles currently provide that we have until August 12, 2024 to consummate our initial business combination (the Combination Period).