Arrowroot Acquisition (ARRW) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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Arrowroot successfully held its Extension Special Meeting, where shareholders voted on the Extension Proposal without the need for adjournment, as a significant majority approved the measure. With a quorum present, representing roughly 82.9% of voting power, the Extension Proposal was passed with overwhelming support from both Class A and Class B Common Stockholders, negating the need for the Adjournment Proposal initially set to secure more votes if necessary. The outcome reflects strong shareholder backing for Arrowroot’s proposed direction.
For further insights into ARRW corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
