Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CM.com N.V. M&A Activity 2020

Jan 9, 2020

3825_iss_2020-09-01_d9c0d15c-86f7-4532-bd5d-69c8efe0818b.pdf

M&A Activity

Open in viewer

Opens in your device viewer

PRESS RELEASE

Amsterdam, 9 January 2020

Dutch Star Companies ONE announces agreement on business combination with CM.com and convenes two extraordinary general meetings to seek shareholders' approval on 20 February 2020

Dutch Star Companies ONE N.V. ("the Company"), a special purpose acquisition company, listed on Euronext Amsterdam (symbol: DSC1) today announces that it has reached agreement with CM.com, a global Conversational Commerce platform that provides enterprises full-scale CPaaS (Communication Platform as a Service) services with integrated payment solutions on a business combination (the "proposed Business Combination").

The proposed Business Combination is subject to approval of the Company's shareholders at a combination of extraordinary general meetings of shareholders ("EGM's") to be convened for Thursday 20 February 2020 at 14.00 hrs (CET) at Crowne Plaza Amsterdam South, George Gershwinlaan 101, 1082 MT Amsterdam.

SHAREHOLDERS CIRCULAR

The Company has prepared an agenda and shareholders circular including relevant information in relation to the proposed Business Combination to facilitate a proper decision. The shareholders circular is published on the Company's website https://dutchstarcompanies.com/importantinformation/. The rationale for the proposed Business Combination and additional information on the transaction is also published in a joint press release of the Company and CM.com, today.

DSCO SHARES BECOME CM.COM SHARES

Subject to a number of customary approvals, including EGM approval of the proposed Business Combination, trading in shares in the combined company under the new name "CM.com" is expected on Friday 21 February 2020.

EGM DOCUMENTATION, REGISTRATION AND PROXY

All relevant information including the formal convocation of the two EGM's, the shareholders circular with agenda and explanatory notes to the agenda, the new articles of association and the merger proposal including the new articles of association of the combined company is available on the website and can be obtained - free of charge - via [email protected] or during working hours at the Company's office; Hondecoeterstraat 2E, 1071 LR Amsterdam.

PRESS AND INVESTOR INFORMATION

Press contacts: Bickerton, David Brilleslijper, +31 (0)6 10942514 or [email protected] Investor contacts: Dutch Star Companies ONE, David van Ass, Derk Hoek, Felix Snoeck Henkemans +31 (0)20 416 1303 or [email protected]

PROSPECTUS

More information about DSCO and the IPO can be found in the Prospectus dated 9 February 2018 which has been approved by the Dutch Authority for the Financial Markets, the AFM and on the website at www.dutchstarcompanies.com.

IMPORTANT LEGAL INFORMATION

THIS ANNOUNCEMENT MAY INCLUDE FORWARD-LOOKING STATEMENTS, WHICH ARE BASED ON THE COMPANY'S CURRENT EXPECTATIONS AND PROJECTIONS ABOUT FUTURE EVENTS AND SPEAK ONLY AS OF THE DATE HEREOF. BY THEIR NATURE, FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES, ASSUMPTIONS AND OTHER FACTORS BECAUSE THEY RELATE TO EVENTS AND DEPEND ON CIRCUMSTANCES THAT WILL OCCUR IN THE FUTURE WHETHER OR NOT OUTSIDE THE CONTROL OF THE COMPANY. SUCH FACTORS MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR DEVELOPMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. ACCORDINGLY, NO UNDUE RELIANCE SHOULD BE PLACED ON ANY FORWARD-LOOKING STATEMENTS. THE COMPANY OPERATES IN A RAPIDLY CHANGING ENVIRONMENT. NEW RISKS AND UNCERTAINTIES EMERGE FROM TIME TO TIME, AND IT IS NOT POSSIBLE TO PREDICT ALL RISKS AND UNCERTAINTIES, NOR TO ASSESS THE IMPACT THAT THESE FACTORS WILL HAVE ON THE COMPANY. FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE AT WHICH THEY ARE MADE AND THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE FORWARD-LOOKING STATEMENTS.