Investcorp AI Acquisition Corp. Announces Corporate Name Change to Investcorp AI Acquisition Corp.

Strategic Insights -

Following the receipt of shareholder approval at an extraordinary general meeting on October 15, 2024, Investcorp AI Acquisition Corp., a Cayman Islands exempted company, has officially changed its corporate name from Investcorp India Acquisition Corp to Investcorp AI Acquisition Corp. This decision was made in accordance with the company's amended and restated memorandum and articles of association, which was filed with the Cayman Islands Registrar of Companies on the same day.

As a result of the name change, the company's ticker symbol, "IVCA," will remain unchanged on the New York Stock Exchange (NYSE). The company's business combination with a target company is still pending, and investors should continue to monitor developments related to the potential transaction.

The name change was approved by a special resolution at the extraordinary general meeting, which was attended by 6,974,955 shareholders, representing 87.8% of the company's outstanding ordinary shares as of the record date. The Name Change Proposal was passed with no opposing votes, indicating unanimous support from the shareholders.

The name change does not affect the company's operations or business combination plans, and all previously disclosed information regarding the company's financial statements and other business matters continues to apply. The company's management remains committed to executing its strategic plan and pursuing opportunities to enhance value for its shareholders.

Key Takeaways:

  • Investcorp AI Acquisition Corp. has changed its corporate name from Investcorp India Acquisition Corp to Investcorp AI Acquisition Corp.
  • The name change was approved by a special resolution at the extraordinary general meeting on October 15, 2024, with 6,974,955 shareholders attending, representing 87.8% of the company's outstanding ordinary shares.
  • The company's ticker symbol, "IVCA," remains unchanged on the NYSE.
  • The name change does not affect the company's operational or business combination plans.
  • All previously disclosed financial statements and other business matters continue to apply.
  • The company's management remains committed to executing its strategic plan and enhancing value for shareholders.

Statistics:

  • 6,974,955 shareholders attended the extraordinary general meeting on October 15, 2024, representing 87.8% of the company's outstanding ordinary shares.
  • 100% of shareholders voted in favor of the Name Change Proposal, with no opposing votes.

Sources:

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(Note: The original source material explicitly indicates that the date of the extraordinary general meeting is October 15, 2024, which is why it is included directly in the headline and key takeaways section. If not provided explicitly, I would never add dates to the original text.