Churchill Capital Corp II (“Churchill II”) (NYSE: CCX.U), a special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective Churchill II’s registration statement on Form S-4 (as amended to the date hereof, the “Registration Statement”). The Registration Statement includes a proxy statement/prospectus for the special meeting of the stockholders of Churchill II in connection with its pending acquisition of Software Luxembourg Holding S.A. (“Skillsoft”), a global leader in digital learning and talent management solutions.
Churchill II has today commenced the mailing of the definitive proxy statement/prospectus relating to the special meeting of Churchill II’s stockholders. The special meeting of stockholders and vote to approve the business combination will be held on June 10, 2021, at 11:00 a.m., Eastern Time, in virtual format at https://www.cstproxy.com/churchillcapitalii/2021. The proxy statement/prospectus is available in the Investor Resources section of Churchill II’s website, as well as on www.sec.gov.
Today’s actions represent a significant step towards completing Churchill II’s pending acquisitions of Skillsoft and Albert DE Holdings Inc. (“Global Knowledge”), a worldwide leader in IT and professional skills development.
“We are pleased that the transaction with Skillsoft is moving forward,” said Patrick Kolek, Chief Operating Officer of Prosus. “Prosus is excited to be partnering with Skillsoft on transforming the future of workplace learning.”
Holders of Churchill II’s common stock, as of the close of business on the record date of April 28, 2021, are entitled to one vote for each share held by them as of such record date at the special meeting.
The Churchill II Board of Directors unanimously recommends that stockholders vote “FOR” the business combination proposal with Skillsoft, as well as the other proposals set forth in the definitive proxy statement/prospectus.
The closing of the merger with Skillsoft is currently expected to occur on June 11, 2021, subject to the results of the stockholder vote and the satisfaction or waiver of all other closing conditions.