7GC & Co. Holdings Inc. Announces Postponement of its Special Meeting of Stockholders and Extension of Redemption Date

SAN FRANCISCO, June 15, 2023 (GLOBE NEWSWIRE) -- 7GC & Co. Holdings Inc. (NASDAQ: VII) (the “Company”) today announced that the special meeting of stockholders (the “Meeting”), which was originally scheduled for June 20, 2023, is being postponed to 12:00 p.m. Eastern Time on June 26, 2023.

The Meeting is for stockholders to consider amending the Company’s amended and restated certificate of incorporation (“Extension Amendment”) to extend the date by which the Company must complete a business combination from June 28, 2023 to December 28, 2023 or such earlier date as determined by the board of directors of the Company (the “Extension”).

The record date for the Meeting to vote on the Extension remains the close of business on May 16, 2023 (the “Record Date”). Stockholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action. Stockholders as of the Record Date can vote, even if they have subsequently sold their shares.

Stockholders can continue to vote by internet or by calling the Company’s proxy solicitor, Morrow Sodali, LLC (“Morrow Sodali”), at [phone] (toll free). Votes will be accepted up to and during the postponed Meeting. If stockholders have any questions or need assistance, please contact Morrow Sodali at [phone] (toll free) or by email at [e-mail]. 

In connection with the postponed Meeting date, the Company has extended the deadline for holders of the Company’s Class A common stock issued in the Company’s initial public offering to submit their shares for redemption in connection with the Extension to 5:00 p.m. Eastern Time on June 22, 2023. Stockholders who wish to withdraw their previously submitted redemption request may do so prior to the rescheduled Meeting by requesting that the transfer agent return such shares.

About 7GC & Co. Holdings

7GC & Co. Holdings is a special purpose acquisition company traded on the Nasdaq under the ticker: VII. The Company is a partnership between 7GC, a technology growth fund based in San Francisco, California and Berlin, Germany, and Hennessy Capital, a leading independent SPAC sponsor based in Wilson, Wyoming and Los Angeles, California. The Company is led by its Chief Executive Officer, Jack Leeney, and its Chief Financial Officer, Christopher Walsh.