AIB Acquisition Corp’s Shareholder Approval for PSI Merger
Company Announcements

AIB Acquisition Corp’s Shareholder Approval for PSI Merger

AIB Acquisition Corporation Class A (AIBAF) has provided an announcement.

On July 15, 2024, AIB successfully held an extraordinary general meeting where shareholders approved the proposed business combination with PSI Group Holdings and its subsidiaries, as well as a merger plan as part of the transaction. The meeting saw a quorum with over half of the shares represented and resulted in overwhelming support for the initiatives, with each receiving over 3.2 million votes in favor and less than 20,000 against, eliminating the need for the “Adjournment Proposal.” Following the meeting, AIB and PSI issued a joint press release to announce the completion of the Business Combination.

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