Core Viewpoint - EDOC Acquisition Corp. has postponed its extraordinary general meeting to approve its proposed initial business combination with Australian Oilseeds Holdings Limited, now scheduled for February 28, 2024, due to ongoing negotiations regarding potential financing [1][2]. Company Overview - EDOC Acquisition Corp. is a blank check company aimed at effecting mergers, share exchanges, and other business combinations, sponsored by a network of physician entrepreneurs across various medical specialties [4]. - Australian Oilseeds Investments Pty Ltd. focuses on the manufacture and sale of sustainable oilseeds and is committed to eliminating chemicals from production processes to provide quality products globally [3]. Business Combination Details - The proposed business combination involves EDOC and Australian Oilseeds Holdings Limited, with a Business Combination Agreement dated December 5, 2022, and amended on March 31, 2023, and December 7, 2023 [1]. - The meeting will address proposals related to the business combination, with no changes to the location, record date, or purpose of the meeting [1][2]. Financing Negotiations - The postponement of the meeting is attributed to Australian Oilseeds Investments Pty Ltd. engaging in additional negotiations for potential financing related to the business combination [2].
Edoc Acquisition Corp. Announces Postponement of Special Meeting of Stockholders on Proposed Business Combination