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NEW YORK, Sept. 21, 2020 /PRNewswire/ --Churchill Capital Corp III ("Churchill III") (NYSE:CCXX), a public investment vehicle, today announced that it has filed a definitive proxy statement with the Securities and Exchange Commission ("SEC") and scheduled a special meeting of stockholders in connection with its pending combination with Polaris Parent Corp., the parent of MultiPlan, Inc ("MultiPlan"). The special meeting of stockholders and vote to approve the combination will be held at 10:00 a.m. Eastern Time on October 7, 2020 via live webcast. The proxy statement is available in the Investor Resources section of Churchill III's website as well as on www.sec.gov.
Holders of Churchill III's common stock as of the close of business on September 14, 2020 are entitled to vote at the special meeting. The Churchill III Board of Directors unanimously recommends that stockholders vote "FOR" the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement. Certain Churchill III stockholders, representing approximately 41% of the outstanding common stock of Churchill III, have already agreed to vote in favor of the business combination proposal with MultiPlan as well as the other proposals set forth in the proxy statement.
The consummation of the business combination is currently expected to occur on or about October 8, 2020, subject to the results of the stockholder vote and the satisfaction or waiver of all other closing conditions.
Posted In: CCXX
