FVAC definition
Examples of FVAC in a sentence
Currently, the Insiders own approximately 20% of the issued and outstanding FVAC Common Stock, including all of the outstanding Founder Shares.
Approval of the Director Election Proposal requires the affirmative vote (virtually or by proxy) of holders of a plurality of the votes cast by holders of outstanding shares of FVAC Common Stock entitled to vote thereon at the FVAC Special Meeting, voting as a single class.
FVAC stockholders are encouraged to access the FVAC Special Meeting prior to the start time.
The FVAC Special Meeting webcast will begin promptly at 9:00 a.m., Eastern Time.
As a stockholder of FVAC, you have a right to vote on the matters presented at the FVAC Special Meeting, which are summarized above and fully set forth in this proxy statement/consent solicitation/prospectus.
Failure to vote by proxy or to vote virtually at the FVAC Special Meeting or an abstention from voting will have no effect on the outcome of the vote on the Director Election Proposal.
Abstentions and broker non-votes will count as present for the purposes of establishing a quorum at the FVAC Special Meeting.
The approval of each of the Business Combination Proposal, the NYSE Issuance Proposal, and the Incentive Plan Proposal requires the affirmative vote of majority of the votes cast by holders of the outstanding shares of FVAC Common Stock represented virtually or by proxy at the FVAC Special Meeting and entitled to vote thereon.
You will be entitled to vote or direct votes to be cast at the FVAC Special Meeting if you owned FVAC Common Stock at the close of business on October 12, 2020, which is the record date for the FVAC Special Meeting.
Under this method of accounting, FVAC will be treated as the “acquired” company for financial reporting purposes.