– Stockholders are Encouraged to Submit Tinheritor Vote Prior to the Special Meeting –
– This Vote is Separate from the Previous Vote Relating to the Extension Amendment –
MIAMI, Dec. 01, 2020 (GLOBE NEWSWIRE) — OPES Acquisition Corp. (Nasdaq: OPES) (“OPES” or the “Firm”) is asserting that it has set December 15, 2020, because the date of its particular assembly of stockholders (the “Particular Assembly”) to approve the beforehand introduced enterprise mixture (the “Enterprise Mixture”) with BurgerFi Worldwide, LLC. (“BurgerFi”).
Discover of the Particular Assembly, along with the definitive proxy assertion referring to the Particular Assembly, is predicted to be mailed on or about December 2, 2020, to stockholders of file as of the shut of enterprise on November 24, 2020 (the “Report Date”).
The Particular Assembly might be performed through teleconference. Stockholders will be capable to attend the assembly by utilizing the next dial-in data:
US/CANADA Toll-Free Dial-In Quantity: (833) 962-1457
US/CANADA Worldwide Dial-In Quantity: (956) 394-3594
Convention ID: 4768828
Your vote is necessary irrespective of what number of shares you personal. You’re inspired to submit your vote as quickly as doable. In case you maintain your shares in an account at a brokerage agency, financial institution or different comparable agent, you might vote previous to the assembly by utilizing your voting management quantity and directions offered by your brokerage agency, financial institution or different comparable agent. In case you are a stockholder of file, you might vote previous to the particular assembly by signing, relationship, and mailing your proxy card within the return envelope offered along with your proxy materials.
The closing of the Enterprise Mixture is topic to approval by OPES’s stockholders and the satisfaction of different customary closing situations and is predicted to shut as quickly as practicable following the Particular Assembly. Following the closing, Opes Acquisition Corp. will change its title to BurgerFi Worldwide, Inc.
Established in 2011, BurgerFi is among the many nation’s fastest-growing higher burger ideas with roughly 125 BurgerFi eating places domestically and internationally. The idea was chef-founded and is dedicated to serving contemporary meals of clear high quality. BurgerFi makes use of 100% pure American angus beef with no steroids, antibiotics, progress hormones, chemical substances, or components. BurgerFi positioned within the high 10 on Quick Informal’s Prime 100 Movers & Shakers record in 2020, was named “Finest Burger Joint” by Shopper Stories and fellow public curiosity organizations within the 2019 Chain Response Examine, listed as a “Prime Restaurant Model to Watch” by Nation’s Restaurant Information in 2019, included in Inc. Journal’s 2015 Quickest Rising Personal Corporations Record, and ranked on Entrepreneur’s 2017 Franchise 500. To be taught extra about BurgerFi or to discover a full record of areas, please go to www.burgerfi.com, ‘Like’ BurgerFi on Fb or comply with @BurgerFi on Instagram and Twitter.
BurgerFi® is a Registered Trademark of BurgerFi IP, LLC, a wholly-owned subsidiary of BurgerFi.
About OPES Acquisition Corp.
OPES Acquisition Corp. (Nasdaq: OPES, OPESW) is a particular objective acquisition firm headquartered in Miami and arranged for the aim of effecting a merger, asset acquisition, inventory buy or different comparable enterprise mixture with a number of companies or entities. For extra data, please go to www.opesacquisitioncorp.com.
Ahead Trying Statements
The data herein accommodates sure “forward-looking statements” throughout the which means of “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements will be recognized by phrases similar to: “goal,” “imagine,” “count on,” “will,” “shall,” “might,” “anticipate,” “estimate,” “would,” “positioned,” “future,” “forecast,” “intend,” “plan,” “venture” and different comparable expressions that predict or point out future occasions or tendencies or that aren’t statements of historic issues. Examples of forward-looking statements embrace, amongst others, statements made herein relating to the proposed transactions contemplated by the Membership Curiosity Buy Settlement, together with the advantages of the Enterprise Mixture, integration plans, anticipated synergies and income alternatives, anticipated future monetary and working efficiency and outcomes, together with estimates for progress, the anticipated administration and governance of the mixed firm, and the anticipated timing of the Enterprise Mixture. Ahead-looking statements are neither historic info nor assurances of future efficiency. As an alternative, they’re primarily based solely on OPES’s and BurgerFi’s managements’ present beliefs, expectations and assumptions. As a result of forward-looking statements relate to the longer term, they’re topic to inherent uncertainties, dangers and modifications in circumstances which can be troublesome to foretell and plenty of of that are outdoors of our management. Precise outcomes and outcomes might differ materially from these indicated within the forward-looking statements. Due to this fact, you shouldn’t depend on any of those forward-looking statements. Vital components that would trigger precise outcomes and outcomes to vary materially from these indicated within the forward-looking statements embrace, amongst others, the next: (i) dangers associated to the timing of the completion of the Enterprise Mixture, (ii) the flexibility to fulfill the assorted situations to the closing of the Enterprise Mixture set forth within the Membership Curiosity Buy Settlement, (iii) the prevalence of any occasion, change or different circumstances that would give rise to the termination of the Membership Curiosity Buy Settlement, (iv) the danger that there could also be a fabric opposed impact on the enterprise, properties, belongings, liabilities, outcomes of operations or situation (monetary or in any other case), of BurgerFi or its subsidiaries or franchisees, taken as a complete; (v) dangers associated to disruption of administration time from ongoing enterprise operations because of the proposed Enterprise Mixture; (vi) the danger that any bulletins referring to the proposed Enterprise Mixture might have opposed results available on the market worth of OPES’s frequent inventory; (vii) the quantity of redemption requests made by OPES’s stockholders; and (viii) different dangers and uncertainties indicated every now and then within the closing prospectus of OPES for its preliminary public providing dated March 13, 2018 filed with the SEC and the definitive proxy assertion on Schedule 14A filed with the SEC on December 1, 2020, referring to the proposed Enterprise Mixture, together with these underneath “Threat Elements” therein, and in OPES’s different filings with the SEC. OPES cautions that the foregoing record of things will not be unique. OPES and BurgerFi warning readers to not place undue reliance upon any forward-looking statements, which converse solely as of the date made. OPES and BurgerFi don’t undertake or settle for any obligation or enterprise to launch publicly any updates or revisions to any forward-looking statements to replicate any change of their expectations or any change in occasions, situations, or circumstances on which any such assertion relies.
Vital Details about the Enterprise Mixture and The place to Discover It
On June 29, 2020, OPES Acquisition Corp. (“OPES”) and BurgerFi Worldwide, LLC (“BurgerFi”) entered right into a Membership Buy Settlement, as subsequently amended, pursuant to which OPES shall purchase 100% of the membership pursuits of BurgerFi (the “Enterprise Mixture”). In reference to the Enterprise Mixture, on December 1, 2020, OPES filed with the SEC the definitive proxy assertion on Schedule 14A (the “Definitive Proxy Assertion”) referring to the Enterprise Mixture. OPES will file some other related paperwork in reference to the Enterprise Mixture with the SEC. OPES will mail the Definitive Proxy Assertion and a proxy card to every stockholder entitled to vote on the particular assembly referring to the Enterprise Mixture. INVESTORS AND STOCKHOLDERS OF OPES ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE BUSINESS COMBINATION THAT OPES WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT OPES, BURGERFI, AND THE BUSINESS COMBINATION. The Definitive Proxy Assertion and different related supplies in reference to the Enterprise Mixture (after they change into accessible), and some other paperwork filed by OPES with the SEC, could also be obtained freed from cost on the SEC’s web site (www.sec.gov) or by writing to OPES at: 4218 NE 2nd Avenue, Miami, FL 33137.
No Provide or Solicitation
This press launch shall not represent a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the enterprise mixture. This press launch shall additionally not represent a suggestion to promote or the solicitation of a suggestion to purchase any securities, nor shall there be any sale of securities in any states or jurisdictions during which such provide, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such jurisdiction. No providing of securities shall be made besides by way of a prospectus assembly the necessities of part 10 of the Securities Act.
Individuals within the Solicitation
OPES and its administrators and govt officers could also be deemed contributors within the solicitation of proxies from OPES’s stockholders with respect to the Enterprise Mixture. A listing of the names of these administrators and govt officers and an outline of their pursuits in OPES are included within the Definitive Proxy Assertion at www.sec.gov. Details about OPES’s administrators and govt officers and their possession of OPES frequent inventory is about forth in OPES’s prospectus, dated March 13, 2018, OPES’s Annual Report on Type 10-Okay, dated March 30, 2020 and the Definitive Proxy Assertion, as modified or supplemented by any Type 3 or Type 4 filed with the SEC because the date of such submitting. Different data relating to the pursuits of the contributors within the proxy solicitation is included within the Definitive Proxy Assertion. These paperwork will be obtained freed from cost from the sources indicated above.
BurgerFi and its members and managers may additionally be deemed to be contributors within the solicitation of proxies from the stockholders of OPES in reference to the proposed Enterprise Mixture. A listing of the names of such members and managers and knowledge relating to their pursuits within the proposed Enterprise Mixture are included within the Definitive Proxy Assertion.
OPES Investor Relations Contact:
Gateway Investor Relations
Ashley Spitz, firstname.lastname@example.org
Crystal Rosatti, email@example.com