Slam Corp. Files Definitive Proxy Statement
Ticker: SLAMF · Form: DEF 14A · Filed: Nov 25, 2024 · CIK: 1838162
Sentiment: neutral
Topics: proxy-statement, regulatory-filing, corporate-governance
TL;DR
Slam Corp DEF 14A filed. Shareholders, pay attention to voting matters & exec pay.
AI Summary
Slam Corp. filed a definitive proxy statement (DEF 14A) on November 25, 2024, for its fiscal year ending December 31, 2024. The company, located at 500 Fifth Avenue, New York, NY 10110, is in the Communication Services sector. This filing is related to the Securities Exchange Act of 1934.
Why It Matters
This filing is crucial for shareholders as it outlines important information regarding upcoming shareholder meetings, voting matters, and executive compensation, influencing their investment decisions.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material financial information or strategic changes.
Key Numbers
- 20241209 — Fiscal Year End (The proxy statement pertains to the company's reporting period ending on this date.)
Key Players & Entities
- Slam Corp. (company) — Registrant
- 0001213900-24-102248 (filing_id) — Accession Number
- 20241125 (date) — Filing Date
- 500 FIFTH AVENUE (address) — Business Address
- NEW YORK (city) — Business Address
- NY (state) — Business Address
- 10110 (zip_code) — Business Address
- 650-888-8066 (phone_number) — Business Phone
- 4899 (sic_code) — Standard Industrial Classification
- 1934 Act (regulation) — SEC Act
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit proxy votes from shareholders for an upcoming meeting. It contains detailed information about matters to be voted on, director nominees, executive compensation, and other corporate governance issues.
When was this specific DEF 14A filing made by Slam Corp.?
Slam Corp. filed this definitive proxy statement on November 25, 2024.
What is Slam Corp.'s primary business classification?
Slam Corp. is classified under Standard Industrial Classification code 4899, which pertains to Communication Services, NEC (Not Elsewhere Classified).
Where is Slam Corp. headquartered?
Slam Corp.'s business and mailing address is 500 Fifth Avenue, New York, NY 10110.
Under which SEC Act is this filing made?
This filing is made pursuant to the Securities Exchange Act of 1934.
Filing Stats: 4,410 words · 18 min read · ~15 pages · Grade level 18.6 · Accepted 2024-11-25 17:04:09
Key Financial Figures
- $0.0001 — x00a0;B ordinary shares, par value of US$0.0001 (the “ Founder Shares ” o
- $11 — ption price per share was approximately $11.36, based on the aggregate amount on de
- $103,157,560 — t in the Trust Account of approximately $103,157,560 as of November 22, 2024 (including inte
- $11.25 — TCQX ”) on November 22, 2024 was $11.25. Accordingly, if the market price of th
- $0.11 m — lic shareholder receiving approximately $0.11 more per share than if the shares were so
- $11.50 — Ordinary Share at an exercise price of $11.50 (collectively, the “ Securities
- $100,000 — d to Slam (less taxes payable and up to $100,000 of interest to pay dissolution expenses
Filing Documents
- ea0221185-02.htm (DEF 14A) — 820KB
- tproxy_001.jpg (GRAPHIC) — 1519KB
- tproxy_002.jpg (GRAPHIC) — 2365KB
- 0001213900-24-102248.txt ( ) — 6172KB
From the Filing
DEF 14A 1 ea0221185-02.htm PROXY STATEMENT 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 Slam 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 LETTER TO SHAREHOLDERS OF SLAM CORP. 55 Hudson Yards, 47 th Floor, Suite C, New York, NY 10001 Dear Slam Corp. Shareholder: You are cordially invited to attend an extraordinary general meeting of Slam Corp., a Cayman Islands exempted company (“ Slam ”), which will be held on December 9, 2024, at 10:00 a.m., Eastern Time, at the offices of Kirkland & Ellis LLP located at 601 Lexington Avenue, New York, NY 10022, and via a virtual meeting, or at such other time, on such other date and at such other place to which the meeting may be adjourned (the “ Shareholder Meeting ”). The Shareholder Meeting will be conducted via live webcast, but the physical location of the Shareholder Meeting will remain at the location specified above for the purposes of our amended and restated memorandum and articles of association (the “ Memorandum and Articles of Association ”). If you wish to attend the Shareholder Meeting in person, you must reserve your attendance at least two business days in advance of the Shareholder Meeting by contacting Slam’s Chief Financial Officer at rbright@slamcorp.com by 10:00 a.m., Eastern Time, on December 5, 2024 (two business days prior to the initially scheduled meeting date). You will be able to attend the Shareholder Meeting online, vote and submit your questions during the Shareholder Meeting by visiting https: // www.cstproxy.com / slamcorp/egm2024 . The attached notice of the Shareholder Meeting and proxy statement describe the business Slam will conduct at the Shareholder Meeting and provide information about Slam that you should consider when you vote your shares. As more fully described in the attached proxy statement, which is dated November 25, 2024, and is first being mailed to shareholders on or about that date, the Shareholder Meeting will be held for the purpose of considering and voting on the following proposals: 1.        Proposal No. 1 — Extension Amendment Proposal  — To amend, by way of special resolution, Slam’s Memorandum and Articles of Association to extend the date (the “ Termination Date ”) by which Slam has to consummate a business combination (the “ Articles Extension ”) from December 25, 2024 (the “ Second Amended Termination Date ”) to January 25, 2025 (the “ Articles Extension Date ”) and to allow Slam, without another shareholder vote, to thereafter elect to extend the Termination Date to consummate a business combination on a monthly basis for up to eleven times by an additional one month each time after the Articles Extension Date, by resolution of Slam’s board of directors (the “ Board ”), if requested by Slam Sponsor, LLC, a Cayman Islands limited liability company (the “ Sponsor ”), and upon five days’ advance notice prior to the applicable Termination Date, until December 25, 2025 (each, an “ Additional Articles Extension Date ”), or a total of up to eleven months after the Articles Extension Date, unless the closing of a business combination shall have occurred prior thereto (the “ Extension Amendment Proposal ”); 2.        Proposal No. 2 — Founder Share Amendment Proposal  — To amend, by way of special resolution, Slam’s Memor