- Every stockholder vote is important.
- If you need assistance voting your shares, please contact New
Providence’s proxy solicitor Morrow Sodali LLC at (877) 787-9239 or
by email to NPA.info@investor.morrowsodali.com
New Providence Acquisition Corp. (“New Providence”) (NASDAQ:
NPA, NPAUU and NPAWW) encourages every stockholder to vote their
shares in favor of the proposal (the “Charter Extension Proposal”)
to extend the date by which the Company has to complete the
business combination with AST & Science, LLC (the “AST Business
Combination”) and vote their shares FOR all proposals in advance of
the Annual Meeting scheduled to be held virtually on March 12,
2021.
Every vote counts, and we ask that you cast your vote today
regardless of your share amount. The Charter Extension Proposal
requires approval by the affirmative vote of the holders of at
least 65% of all outstanding shares of common stock.
Stockholders that owned the shares on January 28, 2021 (the
“Record Date”) should have already received proxy materials. New
Providence strongly recommends that stockholders complete and
return their proxy card, voting FOR all proposals, as soon as
possible to ensure that all shares are represented at the Annual
Meeting. The fastest and easiest way to vote is over the Internet
or by phone with your control number provided by your broker.
Stockholders who owned shares as of the Record Date that did not
receive, or misplaced, proxy materials should contact their broker
and request their voting control number. If stockholders have
questions related to voting their shares, they may contact their
broker or New Providence’s proxy solicitor Morrow Sodali LLC at
NPA.info@investor.morrowsodali.com or call toll free for questions
or to vote at (877) 787-9239.
NPA stockholders can follow this link to view the Annual Meeting
and Charter Extension document:
https://www.cstproxy.com/npa-corp/sm2021/proxy/images/New_Providence_Acquisition_Corp-Proxy2021.pdf
About New Providence Acquisition Corp.
New Providence Acquisition Corp. is a blank check company formed
for the purpose of effecting a merger, share exchange, asset
acquisition, stock purchase, reorganization or similar business
combination with one or more businesses. In September 2019, New
Providence Acquisition Corp. consummated a $230 million initial
public offering of 23 million units (reflecting the underwriters’
exercise of their over-allotment option in full), each unit
consisting of one of the Company’s Class A ordinary shares and
one-half warrant, each whole warrant enabling the holder thereof to
purchase one Class A ordinary share at a price of $11.50 per share.
New Providence’s securities are quoted on the Nasdaq stock exchange
under the ticker symbols NPA, NPAUU and NPAWW.
About AST SpaceMobile
AST SpaceMobile is building the first, and only, space-based
cellular broadband network to operate directly with standard,
unmodified mobile devices based on its extensive IP and patent
portfolio. AST SpaceMobile’s team of engineers and space scientists
are on a mission to eliminate the connectivity gaps faced by
today’s five billion mobile subscribers and finally bring broadband
to the billions who remain unconnected. Follow AST SpaceMobile on
Twitter @AST_SpaceMobile and LinkedIn.
Additional Information
NPA has filed a definitive proxy statement with the U.S.
Securities and Exchange Commission (the “SEC”) in connection with
its annual meeting of stockholders, and has mailed the definitive
proxy statement and other relevant documents to its stockholders.
This communication does not contain all the information that should
be considered concerning the items to be presented at the annual
meeting, including the proposal to extend the date by which the
Company has to complete the business combination with AST &
Science, LLC from March 15, 2021 to June 15, 2021. NPA’s
stockholders and other interested persons are advised to read the
definitive proxy statement in connection with NPA’s solicitation of
proxies for the annual meeting to be held to approve, among other
matters, the Charter Extension Proposal as these materials will
contain important information about NPA and the proposal. The
definitive proxy statement was mailed to the stockholders of NPA as
of the record date established for voting at the annual meeting.
Such stockholders will also be able to obtain copies of the proxy
statement, without charge, at the SEC’s website at
http://www.sec.gov.
Participants in the Solicitation
NPA, New Providence Acquisition Management LLC and their
respective directors, executive officers, other members of
management, and employees, under SEC rules, may be deemed to be
participants in the solicitation of proxies of NPA’s stockholders
in connection with the annual meeting. Investors and security
holders may obtain more detailed information regarding the names
and interests in the Charter Extension Proposal of NPA’s directors
and officers in NPA’s filings with the SEC, including NPA’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2020,
which was filed with the SEC on March 1, 2021, and such information
and names of AST’s directors and executive officers will also be in
the proxy statement of NPA for the AST Business Combination.
Stockholders can obtain copies of NPA’s filings with the SEC,
without charge, at the SEC’s website at www.sec.gov.
No Offer or Solicitation
This communication is for informational purposes only and is
neither an offer to purchase, nor a solicitation of an offer to
sell, subscribe for or buy any securities or the solicitation of
any vote in any jurisdiction pursuant to the Charter Extension
Proposal or otherwise, nor shall there be any sale, issuance or
transfer or securities in any jurisdiction in contravention of
applicable law. No offer of securities shall be made except by
means of a prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended, and otherwise in accordance
with applicable law.
Forward-Looking Statements
This communication includes “forward-looking statements” that
are not historical facts and involve risks and uncertainties that
could cause actual results to differ materially from those expected
and projected. All statements, other than statements of historical
fact contained in this communication including, without limitation,
statements regarding NPA’s financial position, business strategy
and the plans and objectives of management for future operations;
anticipated financial impacts of the AST Business Combination; the
satisfaction of the closing conditions to the AST Business
Combination; and the timing of the completion of the AST Business
Combination, are forward-looking statements. Words such as
“expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and
variations and similar words and expressions are intended to
identify such forward-looking statements. Such forward-looking
statements relate to future events or future performance, but
reflect management’s current beliefs, based on information
currently available.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside NPA’s and AST’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: (i) the occurrence of any event, change or other
circumstances that could give rise to the termination of the Equity
Purchase Agreement or could otherwise cause the AST Business
Combination to fail to close; (ii) the outcome of any legal
proceedings that may be instituted against NPA and AST following
the execution of the Equity Purchase Agreement and the AST Business
Combination; (iii) any inability to complete the AST Business
Combination, including due to failure to obtain approval of the
stockholders of NPA or other conditions to closing in the Equity
Purchase Agreement; (iv) the receipt of an unsolicited offer from
another party for an alternative business transaction that could
interfere with the AST Business Combination; (v) the inability to
maintain the listing of the shares of common stock of the
post-acquisition company on The Nasdaq Stock Market following the
AST Business Combination; (vi) the risk that the AST Business
Combination disrupts current plans and operations as a result of
the announcement and consummation of the AST Business Combination;
(vii) the ability to recognize the anticipated benefits of the AST
Business Combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably and retain its key employees; (viii) costs
related to the AST Business Combination; (ix) changes in applicable
laws or regulations; (x) the possibility that AST or the combined
company may be adversely affected by other economic, business,
and/or competitive factors; and (xi) other risks and uncertainties
indicated in the proxy statement, including those under the section
entitled “Risk Factors”, and in NPA’s other filings with the
SEC.
NPA cautions that the foregoing list of factors is not
exclusive. NPA cautions readers not to place undue reliance upon
any forward-looking statements, which speak only as of the date
made. For information identifying important factors that could
cause actual results to differ materially from those anticipated in
the forward-looking statements, please refer to the Risk Factors
section of NPA’s Annual Report on Form 10-K filed with the SEC.
NPA’s securities filings can be accessed on the EDGAR section of
the SEC’s website at www.sec.gov. Except as expressly required by
applicable securities law, NPA disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210304005528/en/
Michael Bowen +1 (203) 682-8299
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