Business
Hut 8 Announces Receipt of Interim Order and Filing of Management Information Circular in Connection with the Business Combination with US Bitcoin
Shareholders of record at the close of business on August 8, 2023 are encouraged to vote at the special meeting to be held on September 12, 2023 TORONTO, Aug.
About this update from Hut 8 Corp.
[{"type":"text","content":"Shareholders of record at the close of business on August 8, 2023 are encouraged to vote at the special meeting to be held on September 12, 2023\nTORONTO, Aug. 14, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) (\"Hut 8\" or the \"Company\"), one of North America's largest, innovation-focused digital asset mining pioneers, and high performance computing infrastructure provider, is pleased to announce that, in connection with its previously announced business combination (the \"Transaction\") with U.S. Data Mining Group, Inc. dba US Bitcoin Corp (\"USBTC\") to be effected by way of a court-approved plan of arrangement (the \"Arrangement\") under the Business Corporations Act (British Columbia), the Company has obtained an interim order from the Supreme Court of British Columbia (the \"Interim Order\"). The Interim Order provides for, among other things, the holding of a special meeting (the \"Special Meeting\") of the holders of common shares of the Company (the \"Shareholders\") to approve the Arrangement. The Special Meeting is scheduled to be held on September 12, 2023 at 10 a.m. ET and the record date for determining Shareholders entitled to receive notice of and vote at the Special Meeting has been fixed as the close of business on August 8, 2023.\n\n \n \n \n \n \n \n\n \nThe Company has filed the management information circular and related materials in respect of the Special Meeting that will be mailed to Shareholders under the Company's profile on SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov, and on Hut8.io. The management information circular and related materials provide details of the Special Meeting and how Shareholders or their duly appointed proxyholders can attend, access, and participate in the Special Meeting.\nThe completion of the Transaction is subject to certain conditions, including the receipt of the requisite approval from the Shareholders, the final order of the Supreme Court of British Columbia at an application which is scheduled for September 15, 2023, and other closing conditions customary in transactions of this nature. If all necessary approvals are obtained and the conditions to the completion of the Transaction are satisfied or waived, it is currently anticipated that the Transaction will be completed by September 30, 2023.\nShareholder Questions and AssistanceIf you have an...