Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company announced the business combination (the “Business Combination”) between Spartan and Sunlight Financial (“Sunlight”), a premier, technology-enabled point-of-sale financing company, was approved by Spartan’s stockholders, with the Business Combination supported by 97% of the shares of Spartan voted at the special meeting of Spartan stockholders (“Special Meeting”).
Ten proposals, including sub-proposals, were considered and voted upon by Spartan’s stockholders at the Special Meeting on July 8, 2021. A Form 8-K disclosing the full voting results will be filed with the Securities and Exchange Commission.
The Business Combination is expected to close on July 9, 2021. Following the close, the combined company will be renamed Sunlight Financial Holdings Inc. and its common stock and warrants are expected to begin trading on the New York Stock Exchange under the ticker symbols “SUNL” and “SUNLW”, respectively, commencing on July 12, 2021.
