Jaws Mustang Shareholders Approve Key Amendments
Company Announcements

Jaws Mustang Shareholders Approve Key Amendments

Jaws Mustang (JWSM) has released an update to notify the public and investors about the submission of matters to a vote of security holders.

At a recent Shareholder Meeting, a Company successfully passed the Extension Amendment Proposal and the Founder Share Amendment Proposal with overwhelming support, making the Adjournment Proposal unnecessary. Nearly 97% of the voting power was represented, and a significant majority voted in favor of the amendments. Additionally, a subset of shareholders exercised their right to redeem their Class A Ordinary Shares for a total of approximately $7.66 million, leaving the Company’s Trust Account with a balance of around $15.45 million.

For further insights into JWSM corporate activity, check out TipRanks’ Insiders Trading Activity page.

For a comprehensive understanding of the announcement, you can read the full document here.

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