JACKSONVILLE, Florida and HOUSTON, September 1, 2021 / PRNewswire / – Genesis Park Acquisition Corp. (“GPAC”) (NYSE: GNPK), a US listed special purpose acquisition company, and Redwire, LLC (“Redwire” or the “Company”), a leader in the mission of critical space solutions and high reliability components for the next generation space economy, announced that at the extraordinary general meeting of GPAC held today (the “Extraordinary General Meeting”), the shareholders of GPAC voted in favor of Business Combination “), as well as all other proposals related to the Business Combination. Approximately 97% of the votes cast at the meeting, representing approximately 73% of the outstanding shares of GPAC at the date closing of registers, voted in favor of the business combination.
GPAC plans to file the results of the extraordinary general meeting, as presented by an independent election inspector, on a Form 8-K with the Securities and Exchange Commission (the “SEC”) today.
Based on today’s shareholder approval and subject to the satisfaction or waiver of certain other closing conditions as described in GPAC’s Management Proxy Circular / Final Prospectus, the Combination of ‘businesses should be carried out on or about September 2, 2021. Following the completion of the business combination, the amalgamated company will operate as Redwire Corporation and its common shares and warrants are expected to be traded on the New York Stock Exchange as of September 3, 2021 under the symbols “RDW” and “RDW WS”, respectively.
Redwire is a leader in critical space solutions and high reliability components for the next generation space economy, with valuable intellectual property for solar power generation and 3D printing and manufacturing in space. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to help its customers solve the complex challenges of future space missions. For more information, please visit www.redwirespace.com.
Genesis Park is a listed special purpose acquisition company sponsored by a subsidiary of Genesis Park, which trades on the New York Stock Exchange under the ticker symbol NYSE: GNPK. GNPK is one of the first aerospace and aviation services specific acquisition companies, and can pursue an initial business combination in any industry or geographic region, but specifically seeks to capitalize on operational experience and investment of GNPK’s management team and board of directors by focusing on companies with significant growth prospects in the aerospace and aeronautical services sector.
Media: Austin Jordan
investor [email protected]
This document includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as “forecast”, “intention,” “” seek “,” target “,” anticipate “,” believe “,” expect “,” estimate “,” plan “,” outlook “and” project “and other similar expressions which predict or indicate future events or trends or which are not statements of historical matters. Such forward-looking statements concerning the income, earnings, performance, strategies, prospects and other aspects of the business of Genesis Park Acquisition Corp., Redwire or of the combined company after the completion of the business combination are based on current expectations which are subject to risks and uncertainties. A number of factors could cause the results to be achieved. These differ materially from those indicated by these forward-looking statements. These factors include, but are not limited to: (1) the occurrence of any event, change or other circumstance that could result in the termination of the merger agreement governing the proposed business combination; (2) the inability to complete the transactions contemplated by the merger agreement due to the failure to obtain shareholder approval of Genesis Park Acquisition Corp. or other closing conditions of the merger agreement; (3) the ability to meet NYSE listing standards after the completion of the transactions contemplated by the merger agreement; (4) the risk that the proposed transaction will disrupt Redwire’s current plans and operations as a result of the announcement and completion of the transactions described herein; (5) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage its growth profitably, to maintain relationships with customers and suppliers and to retain its management and key employees; (6) costs associated with the proposed business combination; (7) changes in applicable laws or regulations; (8) the possibility that Redwire will be affected by other economic, business and / or competitive factors; and (9) other risks and uncertainties indicated from time to time in other documents filed or to be filed with the SEC by Genesis Park Acquisition Corp. the date made. Genesis Park Acquisition Corp. and Redwire do not undertake to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
In connection with the proposed business combination between Redwire and Genesis Park Acquisition Corp., Genesis Park Acquisition Corp. filed a final management proxy circular / prospectus with the SEC on August 11, 2021 mail the Management Proxy Circular / Final Prospectus and other relevant documents to shareholders of Genesis Park Acquisition Corp. This document does not contain all the information that must be taken into account concerning the proposed business combination. It is not intended to form the basis for an investment decision or any other decision regarding the proposed business combination. Shareholders of Genesis Park Acquisition Corp. and others are urged to read the proxy circular / final prospectus in connection with the proxy solicitation of Genesis Park Acquisition Corp. for the extraordinary meeting to be held to approve the transactions contemplated by the proposed business combination. as these documents will contain important information about Redwire, Genesis Park Acquisition Corp. and the proposed business combination. The proxy circular / final prospectus is being mailed to shareholders of Genesis Park Acquisition Corp. starting the August 2, 2021, the record date established for the vote on the proposed business combination.
Shareholders may also obtain a copy of the Proxy Circular / Final Prospectus, free of charge, from the SEC’s website at http://sec.gov or by making a written request to Genesis Park Acquisition. Corp., 2000 Edwards Street, Suite B, Houston, texas 77007.
This document does not constitute a solicitation of any proxy, consent or authorization with respect to any security or with respect to the proposed business combination.
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SOURCE Genesis Park Acquisition Corp .; Red cable