NEW YORK, Jan. 26, 2021 /PRNewswire/ -- CC Neuberger
Principal Holdings I ("CCNB1") (NYSE: PCPL), today announced
that, due to the public health and safety concerns related to the
coronavirus (COVID-19) pandemic and recommendations and orders from
federal and New York authorities,
the Company is strongly encouraging that shareholders attend the
extraordinary general meeting of its shareholders, which will be
held on February 2, 2021 at 9:00
a.m., New York City Time (the "General Meeting"), by
teleconference rather than in person. The purpose of the General
Meeting is to vote on certain proposals relating to the previously
announced Business Combination Agreement, dated as of
October 14, 2020 (as amended, the "Business Combination
Agreement"), between CCNB1, E2open Holdings, LLC
("E2open") and the transactions contemplated thereby (the
"Business Combination").
The General Meeting will be accessible by dialing +1 (833)
795-0481 (toll free—North America) or (209) 940-8500
(International). Shareholders will be able to ask questions to
CCNB1's management via the conference line.
General Information
All information about the General Meeting, including the
definitive proxy statement, is available at
https://www.cstproxy.com/ccneubergerprincipalholdingsi/sm2021.
CCNB1 has filed, and the Securities and Exchange Commission (the
"SEC") has declared effective, a registration statement on
Form S-4 containing a definitive proxy statement/prospectus of
CCNB1 relating to the proposed Business Combination. CCNB1 has
mailed the definitive proxy statement/prospectus and other relevant
documents to its shareholders. Investors, CCNB1's shareholders and
other interested persons are advised to read the definitive proxy
statement/prospectus in connection with CCNB1's solicitation of
proxies for the General Meeting to be held to approve the Business
Combination as these materials will contain important information
about E2open and CCNB1 and the proposed Business Combination. The
definitive proxy statement/prospectus has been mailed to the
shareholders of CCNB1 as of the record date of December 23,
2020; shareholders that hold their shares in registered form are
entitled to vote their shares held on the date of the meeting.
Shareholders are also able to obtain copies of the definitive proxy
statement/prospectus and other documents filed with the SEC,
without charge, at the SEC's website at http://www.sec.gov, or by
directing a request to: CCNB1, 200 Park Avenue, 58th Floor,
New York, NY 10166.
Participants in the Solicitation
CCNB1 and its directors and executive officers may be deemed
participants in the solicitation of proxies from CCNB1's
shareholders with respect to the Business Combination. A list of
the names of those directors and executive officers and a
description of their interests in CCNB1 is contained in the
definitive proxy statement, which was filed with the SEC and is
available free of charge at the SEC's website at
http://www.sec.gov, or by directing a request to CC Neuberger
Principal Holdings I, 200 Park Avenue, 58th Floor, New York, NY 10166.
E2open and its directors and executive officers may also be
deemed to be participants in the solicitation of proxies from the
shareholders of CCNB1 in connection with the Business Combination.
A list of the names of such directors and executive officers and
information regarding their interests in the proposed Business
Combination is included in the definitive proxy
statement/prospectus for the Business Combination.
Forward Looking Statements
Certain statements in this communication may be considered
forward-looking statements. Forward-looking statements generally
relate to future events or CCNB1's or E2open's future financial or
operating performance. For example, projections of future growth,
financial performance, and other metrics are forward-looking
statements. In some cases, you can identify forward-looking
statements by terminology such as "may," "should," "expect,"
"intend," "will," "estimate," "anticipate," "believe," "predict,"
"potential" or "continue," or the negatives of these terms or
variations of them or similar terminology. Such forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by CCNB1 and its
management, and E2open and its management, as the case may be, are
inherently uncertain. Factors that may cause actual results to
differ materially from current expectations include, but are not
limited to: (1) the occurrence of any event, change or other
circumstances that could give rise to the termination of
negotiations and any subsequent definitive agreements with respect
to the Business Combination; (2) the outcome of any legal
proceedings that may be instituted against CCNB1, the combined
company or others following the announcement of the Business
Combination and any definitive agreements with respect thereto;
(3) the inability to complete the Business Combination due to
the failure to obtain approval of the shareholders of CCNB1, to
obtain financing to complete the Business Combination or to satisfy
other conditions to closing; (4) changes to the proposed
structure of the Business Combination that may be required or
appropriate as a result of applicable laws or regulations or as a
condition to obtaining regulatory approval of the Business
Combination; (5) the ability to meet stock exchange listing
standards at or following the consummation of the Business
Combination; (6) the risk that the Business Combination
disrupts current plans and operations of E2open as a result of the
announcement and consummation of the Business Combination;
(7) the ability to recognize the anticipated benefits of the
Business Combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees;
(8) costs related to the Business Combination;
(9) changes in applicable laws or regulations; (10) the
possibility that E2open or the combined company may be adversely
affected by other economic, business, and/or competitive factors;
(11) E2open's estimates of expenses and profitability; and (12)
other risks and uncertainties set forth in the section entitled
"Risk Factors" and "Cautionary Note Regarding
Forward-Looking Statements" in CCNB1's final prospectus
relating to its initial public offering, dated April 23, 2020,
subsequent quarterly reports on form 10-Q and definitive proxy
statement, filed with the SEC on January 12, 2021 in
connection with the Business Combination.
Nothing in this communication should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. Neither CCNB1 nor
E2open undertakes any duty to update these forward-looking
statements.
Disclaimer
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 Business Combination
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.
Contacts
Investor Contacts
Michael Bowen
ICR, Inc.
Michael.Bowen@icrinc.com
203-682-8299
Marc P. Griffin
ICR, Inc.
Marc.Griffin@icrinc.com
646-277-1290
Media Contacts
CC Capital
Jonathan
Keehner / Julie Oakes / Kate
Thompson
Joele Frank, Wilkinson Brimmer
Katcher
212-355-4449
Neuberger Berman
Alex
Samuelson
Alexander.Samuelson@NB.com
(212) 476-5392
View original
content:http://www.prnewswire.com/news-releases/cc-neuberger-principal-holdings-i-announces-extraordinary-general-meeting-teleconference-details-301214773.html
SOURCE CC Neuberger Principal Holdings I