NEW YORK, May 3, 2021 /PRNewswire/ -- Altimar
Acquisition Corporation, a special purpose acquisition company (the
"Company" or "Altimar") (NYSE: ATAC), announced today that the
U.S. Securities and Exchange Commission (the "SEC"), has declared
effective its Registration Statement on Form S-4 (as amended, the
"Registration Statement"), which includes a definitive proxy
statement/prospectus (the "Proxy Statement") in connection with its
previously announced proposed business combination (the "Business
Combination") with Owl Rock Capital Group ("Owl Rock") and Dyal
Capital Partners ("Dyal") to form Blue Owl Capital Inc. ("Blue
Owl"). Altimar also announced that it has set a record date
of April 23, 2021 (the "Record Date")
and a meeting date of May 18, 2021
for its extraordinary general meeting (the "Special Meeting") to
approve the Business Combination.
The closing of the Business Combination is subject to approval
by the Company's shareholders and the satisfaction of other
customary closing conditions. All required approvals from Owl
Rock and Dyal stakeholders have been obtained. The Business
Combination is expected to close promptly after the Special
Meeting.
"We are pleased to reach this critical milestone in the
transaction process, and with approvals from Owl Rock and Dyal
stakeholders, look forward to successfully completing the proposed
merger, as planned," said Tom
Wasserman, Chairman and CEO of Altimar Acquisition
Corporation.
Due to the Covid-19 pandemic and the various travel and other
restrictions in place, the Special Meeting will be held virtually
and Altimar shareholders can attend the Special Meeting using the
virtual meeting instructions set forth on their proxy cards.
If any Altimar shareholder does not receive the Proxy Statement,
that shareholder should contact their broker or contact Innisfree
M&A Incorporated ("Innisfree"), Altimar's proxy solicitor, for
assistance, toll-free at (877) 456-3463 (banks and brokers can call
collect at (212) 750-5571). Altimar shareholders who have
questions or need assistance in voting their shares are instructed
to call Innisfree at (877) 456-3463.
Altimar shareholders can register for the Special Meeting by
visiting the following link:
https://www.cstproxy.com/altimarspac/sm2021/. Only Altimar
shareholders with valid control numbers from their proxy cards may
submit questions. Altimar shareholders will have the opportunity to
submit questions both in advance of the Special Meeting and during
the Special Meeting, in each case upon receipt of their proxy cards
and the control numbers set forth therein. All questions should be
submitted via the chat box on the virtual meeting page on the link
listed above. Questions submitted in advance of the Special Meeting
and during the Special Meeting will be addressed during the Special
Meeting as time permits and at the sole and absolute discretion of
Altimar. Questions will be addressed in the order received.
Altimar shareholders who need assistance submitting questions
should call Continental Stock Transfer & Trust Company,
Altimar's virtual meeting provider, at (917) 262-2373.
About Altimar Acquisition Corporation
Altimar Acquisition Corporation is a special purpose acquisition
company sponsored by Altimar Sponsor, LLC, an affiliate of HPS
Investment Partners, LLC, formed for the purpose of effecting a
merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses. For more information, visit
www.altimaracquisition.com.
About Owl Rock Capital
Owl Rock Capital Group, together with its subsidiaries, is a
New York based alternative asset
manager with approximately $27.1
billion of assets under management as of December 31, 2020. Owl Rock's platform consists
of multiple investment funds and products including business
development companies. Owl Rock is comprised of a team of seasoned
investment professionals with significant and diverse experience
from some of the world's leading investment firms and financial
institutions. Owl Rock's relationship-oriented approach to
investing seeks to provide companies with sizeable commitments to
facilitate transactions and support their growth needs with
certainty, speed and transparency throughout the entire investment
process. For more information, please visit us
at www.owlrock.com.
About Dyal Capital Partners
Dyal Capital Partners seeks to acquire minority equity stakes in
and provide financing to established alternative asset managers.
With over a decade of experience transacting with institutional
financial firms, Dyal has completed over 50 equity and debt
transactions and manages approximately $23.8
billion in aggregate capital commitments as of December 31, 2020. Central to Dyal's success is
our Business Services Platform (the "BSP"). The BSP is a team that
provides strategic support to underlying management company
partners in various areas, primarily including capital strategy and
advisory services. Part of Neuberger Berman, the Dyal team is
located in New York, London, and Hong
Kong.
Important Additional Information about the Business
Combination and Where to Find It:
In connection with the Business Combination, a registration
statement on Form S-4 (the "Registration Statement") has been
declared effective by the Securities and Exchange Commission (the
"SEC"), which includes a definitive proxy statement of Altimar with
respect to the Special Meeting. Altimar's shareholders and other
interested persons are advised to read the Registration Statement
and combined proxy statement/prospectus contained therein and any
documents filed in connection therewith, as these materials will
contain important information about Blue Owl, Altimar, and the
Business Combination. The Proxy Statement will
be mailed to Altimar's shareholders who were holders of record
as of April 23, 2021. The
documents filed by Altimar with the SEC may be obtained free of
charge at the SEC's website at www.sec.gov. In addition, the
documents filed by Altimar may be obtained free of charge from
Altimar at www.altimaracquisition.com. Alternatively, these
documents can be obtained free of charge from Altimar upon written
request to Altimar Acquisition Corporation, 40 West
57th Street, New York, New
York 10019, Attn: Secretary, or by calling 212–287–6767.
Participants in the Solicitation
Altimar and certain of its respective directors and executive
officers may be deemed to be participants in the solicitation of
proxies from the stockholders of Altimar, in favor of the approval
of the Business Combination. For information regarding Altimar's
directors and executive officers, please see Altimar's annual
report on Form 10-K filed with the SEC on February 24, 2021 and as amended on April 22, 2021. Additional information regarding
the interests of those participants and other persons who may be
deemed participants in the transaction may be obtained by reading
the Proxy Statement. Free copies of these documents may be obtained
as described in the preceding section.
Non-Solicitation
The disclosure herein is not a proxy statement or solicitation
of a proxy, consent or authorization with respect to any securities
or in respect of the proposed Business Combination and shall not
constitute an offer to sell or a solicitation of an offer to buy
the securities of Altimar, nor shall there be any sale of any such
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities shall be made except by means
of a definitive document.
Forward-Looking Statements
Certain statements made in this press release, and oral
statements made from time to time by representatives of Altimar are
"forward looking statements" within the meaning of the "safe
harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Statements regarding the proposed
Business Combination and expectations regarding the combined
business are "forward looking statements." In addition, words such
as "estimates," "projects," "expects," "anticipates," "forecasts,"
"plans," "intends," "believes," "seeks," "may," "will," "would,"
"should," "future," "propose," "target," "goal," "objective,"
"outlook" and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside Altimar's control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
that may affect actual results or outcomes include: the inability
of Altimar to complete the proposed Business Combination with Owl
Rock and Dyal; the risk of delays in the expected timing of the
closing of the proposed Business Combination with Owl Rock and
Dyal; the risk that Altimar shareholder approval of the
proposed Business Combination is not obtained; the inability to
recognize the anticipated benefits of the proposed Business
Combination, which may be affected by, among other things, the
amount of funds available in Altimar's trust account following any
redemptions by Altimar's stockholders; changes in general economic
conditions, including as a result of the COVID-19 pandemic; the
outcome of litigation related to or arising out of the proposed
Business Combination, or any adverse developments therein or delays
or costs resulting therefrom; the ability to meet the New York
Stock Exchange's listing standards following the consummation of
the proposed Business Combination; costs related to the proposed
Business Combination; those factors discussed in Altimar's annual
report on Form 10-K, filed with the SEC on February 24, 2021 and as amended on April 22, 2021, under the heading "Risk Factors";
those factors discussed in the Proxy Statement under the heading
"Risk Factors" and other documents of Altimar filed, or to be
filed, with the SEC. Altimar does not undertake any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Contact:
Altimar Acquisition
Corporation
info@altimarspac.com
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SOURCE Altimar Acquisition Corporation