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Genesis Unicorn Capital Corp.宣布提交和邮寄授权委托书以及与环境解决方案集团控股有限公司拟议业务合并的特别会议日期

2023-07-07 20:30

Special meeting of Genesis Unicorn Capital Corp. stockholders to approve the proposed business combination to be held on July 26, 2023, at 11:00 a.m. Eastern Daylight Time

New York, NY, July  07, 2023  (GLOBE NEWSWIRE) -- Genesis Unicorn Capital Corp. (NASDAQ: GENQ) ("Genesis"), a special purpose acquisition company, and Environmental Solutions Group Holdings Limited ("ESGL" or the "Company"), a sustainable waste solutions provider whose mission is to recycle industrial waste into circular products using innovative technologies and renewable energy through its operating entity in Singapore, Environmental Solutions (Asia) Pte. Ltd. ("ESA"), today announced that Genesis has filed a definitive proxy statement (the "Proxy Statement") with the U.S. Securities and Exchange Commission ("SEC") in connection with its Special Meeting of Stockholders (the "Special Meeting") to, among other things, approve the previously announced proposed business combination (the "Business Combination") with ESGL.

The Special Meeting will be held at the offices of Loeb & Loeb LLP, 345 Park Avenue, New York, NY 10154, and virtually via live webcast at  on July 26, 2023 at 11:00 a.m. Eastern Daylight Time. Mailing of the Proxy Statement to Genesis's stockholders of record as of the close of business on June 9, 2023 (the "Record Date") commenced on July 5, 2023. Before making any voting or investment decision, investors and security holders of Genesis are urged to carefully read the entire Proxy Statement and related proxy materials, and other documents filed in connection with the Business Combination with the SEC, because they contain important information about the Business Combination and the related stockholder proposals.

The Business Combination is expected to close on or about July 31, 2023, subject to Genesis stockholder approval and the satisfaction of certain closing conditions. Following the completion of the Business Combination, the combined company will trade on the Nasdaq under the ticker symbol "ESGL."

About Environmental Solutions Group Holdings Limited

Environmental Solutions Group Holdings Limited is a holding company incorporated as an exempted company under the laws of the Cayman Islands. ESGL conducts all its operations through its operating entity incorporated in Singapore, Environmental Solutions (Asia) Pte. Ltd.. ESA is a waste management, treatment and recycling company involved in the collection and recycling of hazardous and non-hazardous industrial waste from customers such as pharmaceutical, semiconductor, petrochemical and electroplating companies. ESA currently has two revenue streams, including 1) services income which is primarily comprised of the fees it charges its customers for its waste collection and disposal services, which fees are similar to those charged by ESA's competitors, and 2) the sales and trading of ESA's circular products made and processed from the recycled waste collected from its customers with respect to its waste collection and disposal services, which ESA believes makes it a unique and environmentally friendly offering in the marketplace.

On November 30, 2022, ESGL and Genesis entered into a definitive agreement for a business combination that would result in ESGL becoming a public company listed on the Nasdaq under the ticker symbol "ESGL."

About Genesis Unicorn Capital Corp.

Genesis Unicorn Capital Corp. is a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. For more information, please visit  for company filings.

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