NEW
YORK, May 10, 2023 /PRNewswire/ -- Prime Number
Acquisition I Corp. (NASDAQ: PNACU) (the "Company"), a blank check
company incorporated as a Delaware
corporation, today announced it will revise the amount of
contribution to the Company's trust account (the "Trust Account")
in connection with the proposed charter amendment.
The Company previously announced that a special stockholder
meeting (the "special meeting") will be held at 9:00 a.m., Eastern Time on May 15, 2023 for the purpose of considering and
voting on, among other proposals, a proposal to amend the Company's
current charter to allow the Company until May 17, 2023 to complete a business combination
and may elect to extend up to six times, each by one-month by the
deposit of $0.045 per remaining
public share into the Trust Account, for a total up to six months,
until November 17, 2023. The Company
announced today that for each one-month extension, the lesser of
(i) $125,000 for all remaining public
shares or (ii) $0.045 per remaining
public shares would be deposited to the Trust Account, as compared
to the previously announced $0.045
per remaining public share for each one-month Extension.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these 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 any such state or
jurisdiction.
About Prime Number Acquisition I Corp.
Prime Number Acquisition I Corp. is a blank check company, also
commonly referred to as a special purpose acquisition company, or
SPAC, formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses with one
or more businesses or entities, provided that it will not undertake
its initial business combination with any entity being based in or
having the majority of the company's operations in China (including Hong Kong and Macau). None of its founders or the Company is
affiliated with Prime Number Capital LLC, an underwriter for the
Company's initial public offering (the "IPO").
Forward-Looking Statements
This press release includes forward looking statements that
involve risks and uncertainties. Forward looking statements are
subject to numerous conditions, risks and changes in circumstances,
many of which are beyond the control of the Company, including
those set forth in the "Risk Factors" section of the Company's
Annual Report on Form 10-K filed on April 3, 2023. Such
forward-looking statements include the successful consummation of
the Company's initial public offering or exercise of the
underwriters' over-allotment option. 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
On April 24, 2022, the Company
filed a definitive proxy statement with the Securities and Exchange
Commission (the "SEC") in connection with its solicitation of
proxies for the special meeting. The Company will amend and
supplement the definitive proxy statement to provide information
about the revision of the proposed charter amendment. INVESTORS AND
SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE
PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO)
AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN
THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN
IMPORTANT INFORMATION. Investors and security holders will be able
to obtain free copies of the definitive proxy statement (including
any amendments or supplements thereto) and other documents filed
with the SEC through the web site maintained by the SEC at
www.sec.gov or by contacting the Company's proxy solicitor.
Contact Information:
Prime Number Capital, LLC
Ms. Xiaoyan Jiang, Chairwoman
Email：xj@pncps.com
Phone: 516-582-9666
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SOURCE Prime Number Acquisition I Corp.