Full Press Release Details
Anzu Special Acquisition Corp I Announces Adjournment
of Special Meeting of Stockholders
Tampa, Florida - February 9, 2023 -
Anzu Special Acquisition Corp I (the "Company") (NASDAQ: "ANZU," "ANZUU" and "ANZUWS"),
announced today that it convened and then adjourned, without conducting any other business, the Company's special meeting of stockholders
(the "Special Meeting") held on February 9, 2023. The Special Meeting has been adjourned until 9:30 a.m., Eastern time,
on February 21, 2023 (the "Adjourned Special Meeting").
The Adjourned Special Meeting will be held virtually
via live webcast at https://web.lumiagm.com/274911563. The record date remains the close of business, Eastern Time, on January 17,
At the Adjourned Special Meeting, stockholders
will be asked to vote on a proposal to amend the Company's amended and restated certificate of incorporation to extend the date
by which the Company must consummate an initial business combination from March 4, 2023 to September 30, 2023 or such earlier
date as determined by the Company's board of directors (the "Extension Amendment Proposal"). The Extension Amendment
Proposal is described in detail in the definitive proxy statement (the "Extension Proxy Statement") related to the Special
Meeting filed by the Company with the Securities and Exchange Commission (the "SEC") on January 20, 2023.
Stockholders may withdraw redemptions with the
Company's consent at any time until the vote is taken with respect to the Extension Amendment Proposal. Stockholders may request
to reverse their redemption by contacting the Company's transfer agent, American Stock Transfer & Trust Company, at 48
Wall Street, 22nd Floor, New York, New York 10005, Attn: Felix Orihuela (e-mail: spacsupport@astfinancial.com).
Stockholders who have already voted and do not
wish to change their vote do not need to vote again. If you have any questions or need any assistance voting, please contact the Company's
proxy solicitor Morrow Sodali LLC by email at Anzu.info@investor.morrowsodali.com or phone at (800) 662-5200.
About Anzu Special Acquisition Corp I
The Company is a blank check company formed for the purpose of effecting
a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The Company intends to focus on high-quality businesses with transformative technologies for industrial applications.
Additional information on Anzu Special Acquisition Corp I is available
Forward-Looking Statements
This press release includes "forward-looking statements"
within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995.
Forward-Looking statements may be identified by the use of words such as "estimate," "plan," "project,"
"forecast," "intend," "will," "expect," "anticipate," "believe,"
"seek," "target" or other similar expressions that predict or indicate future events or trends or that are not
statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Such statements
may include, but are not limited to, statements regarding the anticipated timing of the Adjourned Special Meeting and the Company's
initial business combination. The forward-looking statements contained in this press release reflect the Company's current views
about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that
may cause its actual results to differ significantly from those expressed in any forward-looking statement. The Company does not guarantee
that the transactions and events described will happen as described (or that they will happen at all). These forward-looking statements
are subject to a number of risks and uncertainties, including, but not limited to, changes in domestic and foreign business, market, financial,
political, and legal conditions; the failure of the Company to obtain the requisite approvals for the Extension Amendment Proposal; the
amount of redemptions by the Company's public stockholders in connection with the Adjourned Special Meeting and an initial business
combination; the inability of the parties to enter into a definitive agreement relating to an initial business combination on the timeline
discussed or at all; the inability of the parties to successfully or timely consummate an initial business combination, including the
risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely
affect the combined company or the expected benefits of an initial business combination or that the approval of stockholders is not obtained;
failure to realize the anticipated benefits of an initial business combination; and other risks and uncertainties set forth in the section
entitled "Risk Factors" in the Extension Proxy Statement, in the Company's Annual Report on Form 10-K for the year
ended December 31, 2021, as filed with the SEC on March 31, 2022 and in other reports the Company files with the SEC. If any
of these risks materialize or the Company's assumptions prove incorrect, actual results could differ materially from the results
implied by these forward-looking statements. While forward-looking statements reflect the Company's good faith beliefs, they are
not guarantees of future performance. The Company disclaims any obligation to publicly update or revise any forward-looking statement
to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date
of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which
are based only on information currently available to the Company.
Kalyn Kolek, kos@anzupartners.com