NEW YORK–(COMMERCIAL THREAD) – Northern Star Investment Corp. II (NYSE: NSTB) (“Northern Star” or the “Company”) today announced that the special meeting of its shareholders which had been tentatively scheduled for August 30, 2021 (the “special meeting”) has been postponed to a later date to be determined because the company’s registration statement on Form S-4, which was originally filed by the company with the Securities and Exchange Commission (the “SEC”) on April 9, 2021, is still under review by SEC staff (the “Staff”). Despite the Company’s best efforts to have staff complete their review since it was originally filed over four months ago, this review has not been completed to date. Once staff have completed their review, a notice indicating the exact date, time and location of the rescheduled special meeting will be sent to the shareholders of the Company.
About Apex Fintech Solutions
Apex Fintech Solutions LLC, the “fintech for fintechs,” is the parent company of Apex Clearing Corporation, a custody and clearing platform that powers innovation and the future of digital wealth management, and Apex Pro, a trusted clearing partner for brokers, ATS, routing companies, professional trading companies, hedge funds, institutions and emerging managers. We offer cryptocurrency trading and custody services through Apex Crypto LLC, which is expected to become a wholly owned subsidiary of Apex Fintech Solutions pending receipt of the required regulatory approvals. Collectively, our suite of solutions creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. If you have the courage to dream, we have the courage to help you make those dreams come true.
For more information, visit the Apex Fintech Solutions website: https://www.apexfinetechsolutions.com
About Northern Star Investment Corp. II
Northern Star Investment Corp. It is a blank check company formed for the purpose of carrying out a merger, a capital stock exchange, an acquisition of assets, a purchase of shares, a reorganization or a similar business combination with one or more companies or entities. The management team and board of directors are comprised of seasoned executives and founders from the consumer, media, technology, retail and finance industries, including Joanna Coles, President and CEO. management, and Jonathan Ledecky, president and chief operating officer. Ms. Coles is a Creative Media and Technology Officer who, in her previous roles as Editor-in-Chief of two leading magazines and Content Director of Hearst Magazines, has developed an extensive network of relationships at the intersection of the technology, fashion and beauty. Ms. Coles is currently Special Advisor to Cornell Capital, a $ 7 billion private equity firm, and serves on the board of directors of Snap Inc., Sonos, Density Software and the global advisory board of global payments firm Klarna. . Mr. Ledecky is a seasoned businessman with over 35 years of investment and operating experience. He has made hundreds of acquisitions across multiple industries and raised over $ 20 billion in debt and equity. He is also the co-owner of the New York Islanders franchise of the National Hockey League. For more information, please visit https://northernstaric2.com.
Certain statements included in this document are not historical facts but are forward-looking statements for the purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by such words. that “believe”, “may,” “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “should”, “should”, “plan” , “predict”, “potential”, “seem”, “seek”, “future”, “prospect” and similar expressions which predict or indicate future events or trends or which are not statements on historical matters, but the absence of such words does not mean that a statement is not forward-looking. These forward-looking statements include, without limitation, statements regarding estimates and forecasts of financial and performance measures and projections of Apex including l e projected net income of Apex, adjusted EBITDA, net sales and adjusted net sales. These statements are based on various assumptions, whether or not identified herein, and the current expectations of Apex management and are not predictions of actual performance. These forward-looking statements are provided for informational purposes only and are not intended to be used as, and should not be relied upon by any investor as, a guarantee, assurance, prediction or definitive statement of fact or probability. All data presented here is preliminary and subject to further modifications. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many real events and circumstances are beyond Apex’s control. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to: changes in domestic and foreign business, business, financial, political, regulatory and legal conditions; risks associated with the uncertainty of forward-looking financial information relating to Apex; Apex’s ability to successfully expand and / or retain its product and service offerings; competetion; the uncertain effects of the COVID-19 pandemic; and the factors discussed in Northern Star’s documents filed or to be filed with the SEC. If any of these risks materialize or if our assumptions prove to be incorrect, actual results could differ materially from the results suggested by these forward-looking statements. There may be additional risks that neither Northern Star nor Apex is currently aware of or that Northern Star and Apex currently consider to be insignificant, which could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements reflect the expectations, plans or forecasts of Northern Star and Apex regarding future events and opinions as of the date of this press release. Northern Star and Apex anticipate that subsequent events and developments will cause the ratings of Northern Star and Apex to change. However, although Northern Star and Apex may choose to update these forward-looking statements at some time in the future, Northern Star and Apex expressly disclaim any obligation to do so. These forward-looking statements should not be taken as representing Northern Star’s and Apex’s assessments as of a date subsequent to the date of this press release. Therefore, one should not place undue reliance on forward-looking statements.
Important information and where to find it
This communication is made with respect to the proposed merger transaction involving Northern Star and Apex. Northern Star has filed a registration statement on Form S-4 with the SEC, which includes a proxy circular / preliminary prospectus from Northern Star, and certain related documents, to be used at the meeting of shareholders to approve the proposed business combination and related matters. . Investors and holders of Northern Star securities are urged to read carefully and in its entirety the Proxy Circular / Prospectus, together with any amendments thereto and any other relevant documents which will be filed with the SEC as soon as possible. they will be available because they will contain important information about Apex. , Northern Star and the business combination. The proxy circular / final prospectus will be mailed to shareholders of Northern Star on a record date to be established for voting on the proposed business combination. Investors and security holders can obtain free copies of the registration statement and other documents containing important information about each of the companies on the SEC’s website at www.sec.gov.
The information contained on or accessible through the websites referenced in this press release is not incorporated by reference in this press release and does not form part of it.
Participants in the call for tenders
Northern Star, Apex and certain of their respective directors, officers and officers may be considered participants in the solicitation of proxies from Northern Star shareholders in support of the approval of the business combination and related matters. Shareholders may obtain more detailed information regarding the names, affiliations and interests of certain senior officers and directors of Northern Star in the solicitation by reading Northern Star’s final prospectus dated January 25, 2021, filed with the SEC on January 27, 2021, and the preliminary proxy / prospectus report and other relevant documents filed with the SEC in connection with the business combination when available. Information regarding the interests of Northern Star’s participants in the solicitation, which may, in some cases, be different from those of its shareholders in general, is set out in the Proxy Circular / Preliminary Prospectus relating to the Business Combination. and will be set out in the final proxy circular / prospectus relating to the business combination when it becomes available.
No offer or solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of a vote or approval, and there will be no sale of securities in any state or jurisdiction in which a such offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of that other jurisdiction.