Naked Brand Group Limited Shareholders Overwhelmingly Approve Acquisition of Cenntro at Extraordinary General Meeting - Seite 2
95.79%
1.55%
2.66%
95.67%
1.62%
2.71%
90.24%
7.79%
1.97%
74.41%
18.55%
7.04%
73.13%
18.96%
7.91%
"We are pleased with the strong vote of confidence by our shareholders to approve the acquisition of Cenntro, an early pioneer in Artificial Intelligent ("AI") Autonomous Driving and a leading designer and manufacturer of electric light and medium-duty commercial vehicles ("ECV")," said Justin Davis-Rice, Chairman and Chief Executive Officer of Naked. "This transaction provides Cenntro with working capital to support a substantial backlog, fast-tracks the pathway to a public company and introduces them to our loyal and enthusiastic shareholder base. After selling and delivering more ECVs than any other EV company, Cenntro is ready to scale deliveries to an estimated 74,800 vehicle sales to leading consumer companies in 2023 with revenue of $2.1 billion.
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"With a recently closed $20.0 million private placement, Naked anticipates having the funds required to close the acquisition and will not raise additional capital in the short term, resulting in the termination of a previously disclosed at-the-market offering of up to $300.0 million . We look forward to closing the transaction by year end and positioning the combined company at the forefront of the technology transformation of the ECV market."