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Stable Road Acquisition Corp. (NASDAQ:SRAC, SRACU, and SRACW))))) ("Stable Road" or the "Company") announced today that at the special meeting of stockholders (the "Special Meeting") held on May 13, 2021, the Company's stockholders approved a proposal to extend the deadline by which the Company has to consummate the proposed business combination with Momentus Inc. ("Momentus") from May 13, 2021 to August 13, 2021 (the "Extension Amendment Proposal").
Brian Kabot, Chairman and Chief Executive Officer of Stable Road, commented on the results of the meeting, "We are very pleased by the overwhelming support for the Extension Amendment Proposal exhibited by our stockholders, with approximately 66.2% of all outstanding shares, and approximately 98.6% of shares that voted on the proposal, being cast in favor of the proposal. We appreciate our stockholders' strong engagement and look forward to advancing the proposed business combination with Momentus."
Posted In: SRAC
