NEW YORK, May well 17, 2022 (Globe NEWSWIRE) — Getty Photographs (the “Company”), a preeminent international visible material creator and marketplace, introduced today that Craig Peters, CEO, will participate at the J.P. Morgan Global Technological know-how, Media and Communications Convention in Boston, MA on May possibly 24, 2022.
Mr. Peters will host 1×1 investor meetings as nicely as a fireside chat at 11:30 AM Japanese Time on the very same working day, Could 24, 2022. A live webcast and replay of the fireplace chat can be discovered on Getty Images’ trader relations web page at https://buyers.gettyimages.com/.
Transaction Overview
As beforehand introduced on December 10, 2021, Getty Pictures entered into a company mixture settlement and approach of reorganization (the “Business Blend Agreement”) with CC Neuberger Principal Holdings II (NYSE: PRPB) (“CC Neuberger”), a publicly traded exclusive purpose acquisition corporation shaped as a result of a partnership between CC Capital and Neuberger Berman. On closing of the transaction, a freshly fashioned father or mother company of Getty Photos will turn out to be a publicly traded enterprise, and its prevalent stock is anticipated to be detailed on the New York Inventory Exchange below the symbol “GETY.”
The transaction has been unanimously authorized by the Board of Administrators of CC Neuberger and the Board of Administrators of Getty Photographs, and is subject to the pleasure of customary closing situations, together with the acceptance of the shareholders of CC Neuberger.
Added details about the proposed transaction, together with a copy of the company mix settlement and trader presentation, will be furnished in a Existing Report on Kind 8-K to be submitted by CC Neuberger Principal Holdings II with the Securities and Exchange Commission (“SEC”) and out there at www.sec.gov.
About Getty Illustrations or photos
Getty Images is a preeminent international visible information creator and market that offers a full array of content material remedies to meet the needs of any purchaser all-around the globe, no matter their dimensions. By its Getty Images, iStock and Unsplash models, sites and APIs, Getty Photographs serves about 1 million prospects in virtually every country in the world and is the 1st-location individuals switch to learn, order and share potent visual written content from the world’s greatest photographers and videographers. Getty Images functions with around 450,000 contributors and close to 300 content companions to produce this powerful and thorough written content. Just about every yr Getty Pictures handles much more than 160,000 news, sport and enjoyment functions giving depth and breadth of protection that is unmatched. Getty Photographs maintains one of the most significant and finest privately-owned photographic archives in the planet with more than 135 million visuals dating back again to the commencing of pictures. For corporation information and announcements, check out our Press Space.
About CC Neuberger Principal Holdings II
CC Neuberger Principal Holdings II is a specific intent acquisition company that finished its original public providing in July 2020, elevating $828 million in proceeds. Shaped and led by Chinh E. Chu, Douglas Newton, Jason K. Giordano, Matthew Skurbe, Charles Kantor and other senior specialists of CC Money and Neuberger Berman, CC Neuberger Principal Holdings II is a blank check organization shaped for the intent of coming into into a merger, share exchange, asset acquisition, share obtain, reorganization or equivalent business enterprise blend with a single or extra businesses.
More Facts and Wherever to Locate It
In connection with the Organization Mix, amid the Organization, CC Neuberger, Vector Holding, LLC (“New CC Neuberger”) and the other parties to the Company Blend Agreement, New CC Neuberger has submitted a registration statement on Sort S-4 (File No. 333-262203) (as may perhaps be amended from time to time, the “Registration Statement”) that contains a preliminary proxy statement of CC Neuberger and a preliminary prospectus of New CC Neuberger, and immediately after the Registration Assertion is declared effective, CC Neuberger will mail a definitive proxy assertion/prospectus relating to the Small business Mixture to CC Neuberger’s shareholders. The Registration Assertion, which include the proxy assertion/prospectus contained therein, when declared powerful by the SEC, has critical info about the Company Blend and the other issues to be voted on at a assembly of CC Neuberger’s shareholders to be held to approve the Business Mixture (and linked issues). This press launch does not comprise all the information and facts that need to be deemed relating to the Company Blend and other matters and is not intended to supply the basis for any investment final decision or any other determination in regard of these types of issues. New CC Neuberger and CC Neuberger may perhaps also file other files with the SEC pertaining to the Business Mix. CC Neuberger shareholders and other interested people are advised to go through, when offered, the preliminary proxy assertion/prospectus and the amendments thereto and the definitive proxy assertion/prospectus and other files submitted in relationship with the Company Blend, as these products will consist of important data about New CC Neuberger, CC Neuberger, the Company and the Enterprise Combination.
When offered, the definitive proxy assertion/prospectus and other suitable resources for the Business Blend will be mailed to CC Neuberger shareholders as of a report day to be established for voting on the Company Mixture. Shareholders will also be equipped to obtain copies of the preliminary proxy assertion/prospectus, the definitive proxy assertion/prospectus and other paperwork filed or that will be submitted with the SEC by CC Neuberger as a result of the web site maintained by the SEC at www.sec.gov, or by directing a ask for to CC Neuberger Principal Holdings II, 200 Park Avenue, 58th Floor, New York, New York 10166.
Members in the Solicitation
CC Neuberger, the Company and their respective administrators and officers could be deemed members in the solicitation of proxies of CC Neuberger shareholders in connection with the Business Mixture. CC Neuberger shareholders and other intrigued people may perhaps obtain, without the need of cost, extra in-depth information and facts concerning the directors and officers of CC Neuberger and a description of their passions in CC Neuberger is contained in CC Neuberger’s remaining prospectus connected to its first community providing, dated July 30, 2020 and in CC Neuberger’s and New CC Neuberger’s subsequent filings with the SEC. Facts relating to the individuals who may, beneath SEC policies, be considered members in the solicitation of proxies to CC Neuberger shareholders in relationship with the Enterprise Mixture and other matters to be voted upon at the Shareholder Conference will be established forth in the Registration Assertion for the Business Mixture when out there. Added data relating to the pursuits of individuals in the solicitation of proxies in connection with the Business Mix has been included in the Registration Assertion that CC Neuberger filed with the SEC. You might attain free copies of these paperwork as described in the previous paragraph.
Forward Wanting Statements
This press release may well consist of a number of “forward-hunting statements” as described in the Non-public Securities Litigation Reform Act of 1995. Forward-on the lookout statements include things like information and facts relating to CC Neuberger’s or the Company’s achievable or assumed long term final results of operations, enterprise techniques, financial debt ranges, competitive place, marketplace environment, possible expansion options and the effects of regulation, together with irrespective of whether the Organization Mix will make returns for shareholders. These forward-on the lookout statements are based mostly on CC Neuberger’s or the Company’s management’s latest expectations, estimates, projections and beliefs, as perfectly as a selection of assumptions concerning future events. When applied in this push release, the terms “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variants of these phrases or similar expressions (or the destructive versions of such terms or expressions) are intended to recognize ahead-on the lookout statements.
These forward-on the lookout statements are not guarantees of upcoming overall performance, situations or success, and entail a quantity of recognized and unidentified pitfalls, uncertainties, assumptions and other vital aspects, several of which are outside the Company‘s or CC Neuberger‘s management’s command, that could result in real outcomes to vary materially from the final results discussed in the forward-seeking statements. These dangers, uncertainties, assumptions and other significant components include things like, but are not restricted to: (a) the incidence of any function, improve or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the Enterprise Blend (b) the end result of any legal proceedings that may well be instituted in opposition to CC Neuberger, the merged enterprise or many others next the announcement of the Business enterprise Blend and any definitive agreements with regard thereto (c) the incapacity to complete the Enterprise Blend owing to the failure to acquire approval of the shareholders of CC Neuberger, to attain financing to comprehensive the Company Blend or to fulfill other conditions to closing (d) improvements to the proposed framework of the Business enterprise Combination that may well be expected or suitable as a end result of relevant legal guidelines or restrictions or as a condition to obtaining regulatory acceptance of the Business Mixture (e) the capability to meet the applicable inventory trade listing specifications subsequent the consummation of the Small business Mixture (f) the incapability to comprehensive the private placement transactions contemplated by the Company Mix Settlement and connected agreements and the transactions contemplated by the ahead invest in settlement or backstop settlement or shut the sale of the ahead buy securities or backstop securities, as relevant (g) the threat that the Company Blend disrupts latest strategies and operations of the Firm or its subsidiaries as a outcome of the announcement and consummation of the transactions explained herein (h) the ability to understand the expected added benefits of the Organization Mixture, which may be affected by, among other factors, level of competition, the means of the merged business to expand and control growth profitably, keep associations with consumers and suppliers and retain its administration and important staff (i) expenses relevant to the Small business Combination (j) variations in relevant guidelines or laws, including authorized or regulatory developments (such as the SEC’s statement on accounting and reporting considerations for warrants in unique reason acquisition corporations) which could outcome in the have to have for CC Neuberger to restate its historic monetary statements and cause unexpected delays in the timing of the Business enterprise Combination and negatively impression the investing selling price of CC Neuberger‘s securities and the attractiveness of the Business Combination to traders (k) the risk that the Company may possibly be adversely afflicted by other financial, organization, and/or competitive aspects (l) the Company’s estimates of fees and profitability and (m) other threats and uncertainties indicated from time to time in the remaining prospectus of CC Neuberger, together with those underneath “Risk Factors” therein, and other paperwork submitted or to be submitted with the SEC by CC Neuberger. You are cautioned not to spot undue reliance on any forward-wanting statements, which communicate only as of the day manufactured.
Ahead-hunting statements converse only as of the date they are manufactured. Visitors are cautioned not to set undue reliance on forward-searching statements, and the Company and CC Neuberger assume no obligation and, other than as required by regulation, do not intend to update or revise these ahead-searching statements, no matter if as a end result of new information and facts, upcoming gatherings, or normally. Neither the Firm nor CC Neuberger offers any assurance that possibly the Business or CC Neuberger will reach its anticipations.
Disclaimer
This press release relates to a proposed small business combination concerning the Enterprise and CC Neuberger. This document does not constitute an give to provide or trade, or the solicitation of an provide to purchase or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which this sort of offer you, sale or trade would be illegal prior to registration or qualification underneath the securities regulations of any these jurisdiction.
Investor Call:
Solebury Trout for Getty Images
[email protected]
Media Contacts:
Getty Photos
Anne Flanagan
[email protected]
CC Neuberger Principal Holdings II
CC Money
Jon Keehner, Tim Ragones and Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
215-355-4449
Neuberger Berman
Alex Samuelson
[email protected]
212-476-5392
