Greenland Acquisition Corporation Announces Adjournment of Special Meeting of Shareholders to Approve Proposed Business Combination with Zhongchai Holding (Hong Kong) Limited

About this update from Greenland Technologies Holding Corporation

[{"type":"text","content":"NEW YORK, Oct. 17, 2019 /PRNewswire/ -- Greenland Acquisition Corporation (NASDAQ: GLAC) (\"Greenland\" or the \"Company\") announced today that its special meeting of shareholders in lieu of an annual meeting (the \"Special Meeting\") to approve the proposed business combination with Zhongchai Holding (Hong Kong) Limited (\"Zhongchai Holding\"), pursuant to a Share Exchange Agreement dated as of July 12, 2019 (as may be amended or supplemented from time to time, the \"Share Exchange Agreement\") among Greenland, Zhongchai Holding and certain other parties, and related matters, scheduled for and convened on October 17, 2019 , was adjourned to provide additional time for voting on the proposals to be presented at the Special Meeting. At the Special Meeting, the Company's shareholders approved a proposal to adjourn the Special Meeting until 10:00 a.m., Eastern Time, on October 24, 2019. At such time, the Special Meeting will re-convene at the offices of Ellenoff Grossman & Schole LLP, at 1345 Avenue of the Americas, New York, NY 10105. In connection with the adjournment of the Special Meeting, the final date for public shareholders to demand redemption of their shares has been extended to 5:00 p.m., Eastern Time, on October 23, 2019.\nThe record date for the Special Meeting remains the close of business on September 18, 2019 (the \"Record Date\"). No action is required by any Company shareholder who has previously delivered a proxy card and who does not wish to revoke or change such proxy card. Information about voting or revoking a proxy is set forth in the proxy statement filed by the Company with the Securities and Exchange Commission (\"SEC\") on September 26, 2019 (as it may be further amended and/or supplemented from time to time, the \"Proxy Statement\"). No changes have been made in the proposals to be voted on by shareholders at the adjourned portion of the Special Meeting.\nGreenland strongly advises all its shareholders to read the Proxy Statement and other proxy materials relating to the Special Meeting because they contain important information. Such materials are available at no charge on the SEC website at www.sec.gov. In addition, copies of the Proxy Statement and other documents may be obtained free of charge by directing a written request to:\nGreenland Acquisition CorporationSuite 906, Tower W1, Oriental Pla...

More updates from Greenland Technologies Holding Corporation