Northern Lights Acquisition Corp. a special purpose acquisition company, announced that it has again rescheduled its special meeting of stockholders (the “Special Meeting”) to Tuesday, June 28, 2022 at 4:00 pm ET.
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The Special Meeting is being held to approve the business combination (the “Business Combination”), whereby the Company will acquire all of the outstanding membership interests of SHF, LLC, d/b/a Safe Harbor Financial (“Safe Harbor”), and the other related matters as described in the Company’s definitive proxy statement filed with the SEC. The proxy card included with the previously distributed proxy materials will not be updated to reflect the adjournment and may continue to be used to vote shares in connection with the Special Meeting. The record date for the Special Meeting, including any adjournment thereof, remains May 19, 2022. Stockholders of the Company who have already voted and do not wish to change their vote do not need to vote again. Stockholders may use the same instructions contained in the access instruction form or proxy card they previously received from the Company’s transfer agent to access the Special Meeting
If any stockholder of the Company needs assistance in completing the proxy card or has questions regarding the Special Meeting, please contact the Company’s proxy solicitor
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The Company is also announcing that it has deposited an aggregate of $1,150,000 (representing $0.10 per public unit sold in the Company’s initial public offering) into the Company’s trust account to extend the period of time it has to consummate the Business Combination by three months from June 28, 2022 to September 28, 2022 (the “Extension”), although the Company currently anticipates that the Business Combination will close by June 30, 2022 subject to satisfaction or waiver of the closing conditions. 5AK, LLC, the Company’s sponsor, funded the deposit in exchange for a non-interest bearing, unsecured promissory note.
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