Eureka Acquisition Corp Announces Postponement of the Extraordinary General Meeting to June 30, 2025 and Extension of Redemption Request Deadline
By GlobeNewswire Published on June 24, 2025, 01:04 IST
New York, June 23, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the 'Company') (Nasdaq: EURK), a blank check company, today announced that its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders (the 'Extraordinary General Meeting') will be postponed from 9:00 a.m. Eastern Time on June 25, 2025 to 9:00 a.m. Eastern Time on June 30, 2025 (the 'Postponement') to allow the Company additional time to engage with shareholders.
The Extraordinary General Meeting is to be held for the purpose of considering and voting on, among other proposals, a proposal to amend the Company's current charter to provide that the Company has until July 3, 2025 to complete a business combination and may elect to extend up to twelve times, each by a one-month extension, for a total of up to twelve months to July 3, 2026.
The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the 'Record Date'). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.
As a result of the Postponement, the previously disclosed deadline of June 23, 2025 (two business days before the Extraordinary General Meeting, as originally scheduled) for delivery of redemption requests from the Company's shareholders to the Company's transfer agent has been extended to June 26, 2025 (two business days before the postponed Extraordinary General Meeting). Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the postponed Extraordinary General Meeting by requesting that the Company's transfer agent return such shares by 5:00 p.m. Eastern Time on June 26, 2025.
There is no change to the location, the record date, or any of the other proposals to be acted upon at the Extraordinary General Meeting.
If you have questions regarding the certification of your position or delivery of your shares, please contact:
Continental Stock Transfer & Trust Company1 State Street 30th FloorNew York, NY 10004-1561
E-mail: [email protected]
The Company's shareholders who have questions regarding the Postponement, the Extraordinary General Meeting, or would like to request documents may contact the Company's proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at [email protected].
About Eureka Acquisition Corp
Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
This press release includes 'forward-looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as 'believes,' 'expects,' 'intends,' 'plans,' 'estimates,' 'assumes,' 'may,' 'should,' 'will,' 'seeks,' or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Additional Information and Where to Find It
On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the 'SEC') in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Postponement and the redemption request deadline. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company's proxy solicitor.
Participants in the Solicitation
The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.
Contact Information:Fen ZhangChairman and Chief Executive Officer
Email: [email protected]
Tel: +86 135 0189 0555
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
19 minutes ago
- Business Upturn
Nvidia stock continues upward march as analysts boost targets on surging AI chip demand
By Aditya Bhagchandani Published on June 26, 2025, 20:04 IST Nvidia (NASDAQ: NVDA) shares climbed another 1.1% in early trading on Thursday, extending gains after hitting a record high above $154 the previous day. The rally comes on the back of renewed bullishness across Wall Street for the AI chip sector. Loop Capital analyst Ananda Baruah raised his Nvidia price target to $250 on Wednesday—the highest among Wall Street analysts currently tracked by Yahoo Finance. Baruah's target implies Nvidia's market capitalization could reach a staggering $6 trillion in the coming years. He predicts the total addressable market for AI chips could surge to $2 trillion by 2028. Baruah said, 'We are entering the next 'Golden Wave' of Gen AI adoption and Nvidia is at the forefront of another material leg of stronger-than-anticipated demand.' He cited emerging demand from governments, significant commitments from Big Tech hyperscalers, and the rollout of Nvidia's latest Blackwell AI chips. Bank of America's Vivek Arya also weighed in, forecasting AI chip demand could reach $650 billion by 2030, up from $201 billion in 2025. Arya called Nvidia the 'key beneficiary,' citing its clear technological lead over new entrants. Adding further momentum, Micron Technology (NASDAQ: MU), a key Nvidia supplier, reported better-than-expected Q3 earnings, driven by strong demand for AI-related memory chips. Despite some investor concerns about monetization challenges and growing competition from emerging AI firms like China's DeepSeek, Nvidia continues to ride the AI investment wave that has driven its valuation higher through 2025. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
20 minutes ago
- Business Upturn
AeroVironment shares jump another 14% today, up 35% in 2 days after strong Q4 earnings and bullish guidance
By Aditya Bhagchandani Published on June 26, 2025, 20:53 IST Shares of AeroVironment Inc. (NASDAQ: AVAV) surged another 14% on Thursday, June 26, 2025, reaching $265.87 as of 11:21 AM ET. This two-day rally now totals a 35% jump, fueled by the company's better-than-expected fourth-quarter earnings and strong revenue outlook. On Wednesday, AeroVironment shares had already soared over 21% after the drone and defense technology firm reported adjusted Q4 earnings of $1.61 per share on revenue of $275 million. Both figures topped Wall Street estimates of $1.39 EPS and $242 million in revenue. The stock's momentum gained further support after CNBC's Jim Cramer referred to AeroVironment as 'the Palantir of hardware,' citing the company's growth potential in defense tech. Investor sentiment remained bullish following AeroVironment's announcement of its $4.1 billion acquisition of BlueHalo, a defense technology company specializing in drones, laser weapon systems, and space-focused solutions. For fiscal 2026, AeroVironment projects revenue between $1.9 billion and $2 billion and expects earnings between $2.80 and $3.00 per share, signaling continued growth. The stock, which now trades above its previous 52-week high of $250, reflects growing investor confidence in the company's role in next-gen defense and autonomous systems technologies. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
20 minutes ago
- Business Upturn
Palantir shares gain over 1% today as company announces AI partnership for nuclear energy infrastructure
By Aditya Bhagchandani Published on June 26, 2025, 20:40 IST Shares of Palantir Technologies (NASDAQ: PLTR) rose over 1% on Thursday, June 26, 2025, trading near $143.56 as of 11:07 AM ET, after the company unveiled a strategic product partnership with The Nuclear Company to develop AI-driven software for nuclear reactor construction. The new product, called NOS (Nuclear Operating System), will leverage Palantir's Foundry platform to help modernize and digitize the construction of gigawatt-scale nuclear plants across the U.S. The software aims to address key industry challenges such as cost overruns and schedule delays by providing real-time data analytics, supply chain tracking, predictive maintenance, and AI-based regulatory compliance support. Palantir highlighted that NOS will deliver schedule certainty, cost savings, problem prevention, and regulatory efficiency by embedding AI and large language models directly into site operations. The announcement aligns with President Donald J. Trump's recent executive orders targeting 400 GW of new nuclear capacity by 2050 and mandates for 10 large-scale nuclear reactors under construction by 2030. Palantir's latest nuclear project marks another step under its Warp Speed initiative, with engineering teams working closely with The Nuclear Company's staff to integrate nuclear data across multiple critical systems. The stock, which has a 52-week range of $21.23 to $147.67, saw intraday highs of $148.21 earlier today, reflecting investor optimism over Palantir's growing footprint in national infrastructure and defense-related projects. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
