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Tuesday, October 31, 2023 10:14:55 AM
You were promised 1 vertical share for every 1 CCAC share you own (1:1). But recently this was changed by management to 1 vertical share for every 2 CCAC shares (1:2). And the reason is, we have only 1 SPAC defined now, and are working towards 5 of them in the future. So you will be offered future vertical shares on all 5 SPAC's although the price will probably be higher than $0.01 per share. Or you can give up the rights to those future shares and take the 1:1 now.
In short,
option 1 = 1 for 1 with higher dividends near term
option 2 = 1 for 2 with higher dividends long term
You can vote for which option you prefer in this link, if you want to. Or send an email to IR@mydhan.io
https://forms.gle/KVvvjiGoGPFfpiG56
When all votes are counted, a final decision will be made that will affect everyone the same way. And you will also know how many vertical shares you will get, and how many shares you will have to pay $0.01 for.
You can vote until nov 3.
That is all. Thank you.
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