Class Acceleration Corp.’s Board of Directors Asks Shareholders to Vote in Favor of the Extension Request as a result of Immediate Opportunities Underway

WOODSIDE, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) — Class Acceleration Corp. (NYSE: CLAS, CLAS.U, CLAS.W) (the “Company”) today announced that it filed a Proxy Statement with the Securities and Exchange Commission (the “SEC”) […]

Class Acceleration Corp., a prominent corporation listed on the New York Stock Exchange under tickers CLAS, CLAS.U, and CLAS.W, is making significant strides towards consummating a business combination. The company recently took the proactive step of filing a Proxy Statement with the Securities and Exchange Commission (SEC) to request an extension of the date to finalize this transaction.

The Board of Directors at Class Acceleration Corp. is urging all shareholders to vote in favor of this extension request, citing immediate opportunities that are currently underway. By extending the deadline, the Company aims to ensure that it can fully explore and capitalize on these opportunities, ultimately benefiting both shareholders and the overall growth trajectory of the business.

Impact on Me:

As a shareholder of Class Acceleration Corp., the Board of Directors’ request for an extension to consummate a business combination will directly impact me. By voting in favor of this extension, I am supporting the Company’s efforts to leverage immediate opportunities and drive long-term value for shareholders like myself.

Impact on the World:

Class Acceleration Corp.’s decision to file a Proxy Statement and seek an extension for finalizing a business combination can have a broader impact on the business world. By taking the necessary steps to fully explore and capitalize on current opportunities, the Company is positioning itself for sustainable growth and potential industry leadership, which could have ripple effects on the global business landscape.

Conclusion:

In conclusion, Class Acceleration Corp.’s Board of Directors’ request for an extension to consummate a business combination underscores the Company’s commitment to maximizing shareholder value and pursuing strategic growth opportunities. By voting in favor of this extension, shareholders are supporting a forward-thinking approach that could have significant positive impacts both within the Company and beyond in the broader business ecosystem.