Alkuri Global Acquisition Corp. common stock filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
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Item 5.07. Submission of Matters to a Vote of Security Holders.
On October 20, 2021, Alkuri Global Acquisition Corp. (the “Company”) held its special meeting (the “Special Meeting”) of stockholders. At the Special Meeting, the Company’s stockholders approved (1) the proposal to approve the business combination (the “Business Combination”), including the Merger Agreement, dated as of June 3, 2021, by and among Babylon Holdings Ltd. (“Babylon”), the Company, Liberty USA Merger Sub, Inc. (“Merger Sub”), Dr. Ali Parsadoust (the “Founder”), and Alkuri Sponsors LLC (“Sponsor”), and the related agreements and transactions contemplated thereby (the “Business Combination Proposal”), (2) the Babylon Holdings Ltd. 2021 Equity Incentive Plan (the “2021 Plan” and such proposal, the “Equity Plan Proposal”), and (3) the adjournment of the Special Meeting to a later date or dates, if necessary, if the parties are not able to consummate the Business Combination (the “Adjournment Proposal”). The affirmative vote of at least a majority of the outstanding shares of Alkuri’s Class A common stock, par value $0.0001 per share (“Alkuri Class A Common Stock”), and Class B common stock (“Alkuri Class B Common Stock,” and together with the Alkuri Class A Common Stock, the “Alkuri Common Stock”) present and entitled to vote at the Special Meeting was required to approve the Business Combination Proposal.
Set forth below are the final voting results for the Business Combination Proposal, the Equity Plan Proposal, and the Adjournment Proposal.
Business Combination Proposal
The Business Combination Proposal was approved, approving the Business Combination, including the Merger Agreement, dated as of June 3, 2021, by and among Babylon, the Company, Merger Sub, the Founder, and Sponsor, and the related agreements and transactions contemplated thereby. The voting results of the Alkuri Common Stock were as follows:
| For | Against | Withheld | ||
| 30,577,965 | 1,242,574 | 227,387 |
Equity Plan Proposal
The Equity Plan Proposal was approved, approving the 2021 Plan. The voting results of the Alkuri Common Stock were as follows:
| For | Against | Withheld | ||
| 28,933,406 | 2,884,339 | 230,181 |
Adjournment Proposal
The Adjournment Proposal was approved, approving the adjournment of the Special Meeting to a later date or dates, if necessary, if the parties were not able to consummate the Business Combination. The voting results of the Alkuri Common Stock were as follows:
| For | Against | Withheld | ||
| 29,862,570 | 1,956,634 | 228,722 |
Based on the results of the Special Meeting, and subject to the satisfaction or waiver of certain other closing conditions, the Business Combination is expected to be consummated on or around October 21, 2021. Following the consummation of the Business Combination, the ordinary shares and warrants of Babylon Holdings Ltd. are expected to begin trading on the New York Stock Exchange under the symbols “BBLN” and “BBLN.W,” respectively, on or about October 22, 2021.
Item 8.01. Other Events.
On October 20, 2021, the Company issued a press release (the “Press Release”) announcing the results of Special Meeting.
A copy of the Press Release is attached as Exhibit 99.1 and is incorporated by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits. |
| Exhibit No. | Description | ||
| 99.1 | Press Release | ||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ALKURI GLOBAL ACQUISITION CORP. | |||
| By: | /s/ Rich Williams | ||
| Name: | Rich Williams | ||
| Title: | Chief Executive Officer | ||
| Date: October 20, 2021 | |||