ATLANTA, Jan. 5, 2023
/PRNewswire/ -- Rose Hill Acquisition Corporation (NASDAQ: ROSE)
("Rose Hill") announced today the postponement of its extraordinary
general meeting of shareholders (the "Meeting") originally
scheduled for January 5, 2023 until
January 12, 2023 at 3:00 p.m. Eastern Time. The Meeting will be held
at the offices of Greenberg Traurig, LLP, located at 3333 Piedmont
Road NE, Suite 2500, Atlanta, GA
30305. The Meeting will be held to vote on, among other things, a
proposal to amend Rose Hill's Amended and Restated Articles of
Association to extend the date by which Rose Hill has to consummate
a business combination (the "Extension") for an additional six
months, from January 18, 2023 to
July 18, 2023.
Rose Hill has also extended the deadline for public shareholders
to submit their shares for redemption in connection with the
Extension to 5:00 p.m. Eastern Time
on January 10, 2023.
About Rose Hill Acquisition
Corporation
Rose Hill is a US$146 million special purpose
acquisition company (SPAC) listed on Nasdaq under the ticker ROSE.
Its goal is to partner with one Latin American company to provide
growth capital, strategic advisory, and a U.S. listing avenue.
Strategic partners: Cohen & Co. provides the Rose Hill team
with a strong supportive structure; while Ameris Capital, a Chilean
alternative investments asset manager, brings its extensive reach
in Latin America.
Additional Information and Where
to Find It
Rose Hill urges shareholders to read the revised definitive
proxy statement related to the Meeting filed by Rose Hill with the
Securities and Exchange Commission (the "SEC") on December 5, 2022 (the "Definitive Proxy
Statement"), as well as other documents filed by Rose Hill with the
SEC, because these documents contain or will contain important
information about Rose Hill and the Extension. Shareholders 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
Rose Hill Acquisition Corporation, 981 Davis Drive NW, Atlanta, GA 30327 or via email at
info@rosehillacq.com.
Participants in
Solicitation
Rose Hill and its directors and executive officers may be deemed
to be participants in the solicitation of proxies of Rose Hill
shareholders. Investors and security holders may obtain more
detailed information regarding the names, affiliations and
interests of Rose Hill's directors and officers in the Definitive
Proxy Statement, which may be obtained free of charge from the
sources indicated above.
Non-Solicitation
This press release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities and
shall not constitute an offer to sell or a solicitation of an offer
to buy the securities of Rose Hill, 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 prospectus meeting the requirements of Section 10 of
the Securities Act of 1933, as amended.
Contact:
Juan Jose Rosas, Co-CFO and
Director, (607) 279-2371
Albert Hill IV, Co-CFO and Director,
(404) 973-7681
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SOURCE Rose Hill Acquisition Corporation