MDH Acquisition Corp. Seeks to Redeem Public Shares

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Dec 19, 2022

MDH Acquisition Corp. (NYSE: MDH) (the “Company”), a special purpose acquisition company, filed a definitive proxy statement relating to a special meeting of stockholders to approve (i) an amendment to the Company’s second amended and restated certificate of incorporation (the “Charter Amendment Proposal”) and (ii) an amendment to the Investment Management Trust Agreement, dated February 1, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as trustee (the “Trust Amendment Proposal” and together with the Charter Amendment Proposal, the “Proposals”), which, if implemented, would allow the Company to redeem all of its outstanding shares of Class A common stock, par value $0.0001 per share (the “Public Shares”) in advance of February 4, 2023 by changing the date by which the Company must cease all operations except for the purpose of winding up if it fails to complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination (a “Business Combination”) from February 4, 2023 to the later of (x) December 29, 2022 and (y) the date of effectiveness of the amendment to the second amended and restated charter (the “Amended Termination Time”).