Trajectory Alpha Acquisition Corp. (the “Company”) encourages stockholders to vote in favor of the following proposals: (a) the proposal to amend the Company’s amended and restated certificate of incorporation (the “Extension Amendment Proposal”) to extend the date by which the Company must complete a business combination from June 14, 2023 to March 14, 2024, pursuant to which Trajectory Alpha Sponsor LLC (the “Sponsor”) reiterates it will cause to be deposited into the trust account in connection with each one month extension (the “Extension”) the lesser of (i) $150,000 and (ii) an aggregate amount equal to $0.04 multiplied by the number of public shares of the Company that are not redeemed in connection with the stockholder vote to approve the Extension Amendment Proposal, and (b) the proposal to approve the adjournment of the special meeting to a later date or dates, if necessary (the “Adjournment Proposal”).
As disclosed in the Company’s proxy statement supplement filed with the SEC on June 7, 2023, a special meeting (“Special Meeting”) of the Company’s stockholders to approve the Extension Amendment Proposal and the Adjournment Proposal is scheduled to be held on June 12, 2023 at 12:00 p.m., Eastern Time. The meeting time has been changed from 10:00 a.m., Eastern Time as disclosed in the proxy statement supplement filed on June 7, 2023 to 12:00 p.m., Eastern Time.
As of 5:00 p.m., Eastern Time, on June 7, 2023, holders of 14,054,020 shares of Class A common stock have initially elected to have their shares redeemed in connection with the Extension, which would result in 3,195,980 shares of Class A common stock remaining outstanding after giving effect to such redemptions.
Furthermore, stockholders may withdraw any election to have their Class A common stock redeemed in connection with the Extension prior to the vote at the Special Meeting. Stockholders who wish to withdraw redemptions are required to contact the Company’s transfer agent, Continental Stock Transfer & Trust Company, by email at spacredemptions@continentalstock.com and must receive prior approval to withdraw any previous election to have their Class A common stock redeemed in connection with the Extension prior to the vote at the Special Meeting.
Forward Looking Statements
This document includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and factors that may cause such differences include, without limitation, uncertainties relating to our ability to obtain approval for the Extension Amendment Proposal, our ability to complete an initial business combination, and other risks and uncertainties indicated from time to time in filings with the SEC, including “Risk Factors” in the Proxy Statement (as defined below) and in other reports we file with the SEC. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Additional Information and Where to Find It
THE COMPANY URGES STOCKHOLDERS TO READ THE DEFINITIVE PROXY STATEMENT FILED WITH THE SEC ON MAY 25, 2023 (THE “PROXY STATEMENT”), AS WELL AS OTHER DOCUMENTS FILED BY THE COMPANY WITH THE SEC, BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE EXTENSION. Stockholders may obtain copies of these documents (when available), without charge, at the SEC’s website at www.sec.gov or by directing a request to: Trajectory Alpha Acquisition Corp., 99 Wall Street, Suite 5801, New York, New York 10005, Attn: Secretary.