Anzu Special Acquisition Corp I - ANZUU STOCK NEWS

Anzu Special Acquisition Corp I (NASDAQ: ANZUU, ANZUWS) has announced the adjournment of its Special Meeting of stockholders originally held on February 21, 2023, to February 28, 2023, at 9:30 a.m. ET. The company also revealed an agreement with an insurance agency regarding federal excise tax liabilities under the Inflation Reduction Act of 2022, contingent on the approval of the Extension Amendment Proposal to extend the deadline for a business combination from March 4, 2023, to September 30, 2023. Stockholders can withdraw redemptions until the vote and may reverse their redemption requests. Further details are available in the Company's proxy statement filed with the SEC.

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) announced that its special meeting of stockholders initially scheduled for February 9, 2023, has been adjourned to February 21, 2023. The primary agenda is to vote on an Extension Amendment Proposal to extend the deadline for the Company to execute an initial business combination from March 4, 2023, to September 30, 2023. The record date for stockholders remains January 17, 2023. Shareholders can withdraw redemptions at any time before voting. The Company is focused on merging with high-quality businesses in transformative technologies.

Anzu Special Acquisition Corp I (ANZUU) announced forward purchase agreements with institutional investors, including Arena Capital Advisors and Fir Tree Partners, totaling up to $120 million. This investment includes $80 million in convertible notes and $40 million in Class A common stock. The agreements grant investors a right of first offer on additional equity securities in future private placements. The closing is contingent upon various approvals and will occur just before ANZUU's initial business combination. The issuance will rely on exemptions from securities registration requirements.

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) has announced that its unit holders can start trading Class A common stock and redeemable warrants separately from April 22, 2020. The units that are not separated will continue to trade under the symbol 'ANZUU,' with separated stock trading under 'ANZU' and warrants under 'ANZUW.' To separate the units, holders must contact American Stock Transfer & Trust Company. This press release emphasizes that it does not constitute an offer to sell or buy and provides insight into the company's purpose for potential business combinations.

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) completed its IPO, raising $420 million by offering 42 million units at $10 each. The units contain one share of Class A common stock and one-third of a redeemable warrant, which allows purchase of additional shares at $11.50. Trading began on March 2, 2021, on Nasdaq. The company aims to merge or acquire firms with transformative industrial technologies. BofA Securities and Barclays served as joint lead managers for the offering, which includes an option for underwriters to purchase an additional 6.3 million units.

Anzu Special Acquisition Corp I (NASDAQ: ANZUU) has priced its initial public offering (IPO) at $10.00 per unit for 42,000,000 units, consisting of one share of Class A common stock and one-third of a redeemable warrant. The IPO is set to close on March 4, 2021, with trading expected to begin on March 2, 2021, under the ticker symbol ANZUU. The company aims to merge or acquire businesses focusing on transformative technologies for industrial applications. BofA Securities and Barclays are the lead underwriters, with an overallotment option of 6,300,000 units.