Kennesaw, GA, May 15, 2024 (GLOBE NEWSWIRE) — ShoulderUp Technology Acquisition Corp. (ShoulderUp or the Company) right this moment introduced that its particular assembly of stockholders (Special Meeting) will probably be postponed from its scheduled time of 10:00 a.m. Eastern Time on May 15, 2024 to three:00 p.m. Eastern Time on May 17, 2024. The Special Meeting can nonetheless be accessed just about by visiting https://www.cstproxy.com/shoulderupacquisition/2024. You will want the 12-digit assembly management quantity that’s printed in your proxy card to enter the Special Meeting. The file date for the Special Meeting stays April 19, 2024.

Stockholders who’ve beforehand submitted their proxies or in any other case voted and who don’t need to change their vote needn’t take any motion. Stockholders as of the file date can vote, even when they’ve subsequently bought their shares. Any stockholders who want to change their vote and want help ought to contact Phyllis Newhouse at (650) 276-7040 or phyllis@shoulderup.com. In reference to the postponement of the Special Meeting, the Company has prolonged the deadline of holders of the Company’s frequent inventory issued in its preliminary public providing (the Public Shares) to submit their Public Shares for redemption in reference to the Charter Amendment Proposal (as outlined within the Proxy Statement) till 5:00 p.m. Eastern Time on May 15, 2024. Stockholders who want to withdraw their beforehand submitted redemption requests could accomplish that previous to the rescheduled assembly by requesting that the switch agent return such Public Shares prior to three:00 p.m. Eastern Time on May 17, 2024.

About ShoulderUp

ShoulderUp is a clean test firm, additionally generally known as a particular goal acquisition firm, or SPAC, shaped for the aim of coming into right into a merger, capital inventory trade, asset acquisition, inventory buy reorganization or comparable enterprise mixture with a number of companies or entities.

Participants within the Solicitation

The Company and its administrators and govt officers and different individuals could also be deemed to be individuals within the solicitation of proxies from the Company’s shareholders in respect of the Special Meeting and the Charter Amendment Proposal and associated issues. Information concerning the Company’s administrators and govt officers is on the market in Company’s Definitive Proxy Statement on Schedule 14A filed by the Company with the U.S. Securities and Exchange Commission (the SEC) on April 26, 2024 (the Proxy Statement). Additional data concerning the individuals within the proxy solicitation and an outline of their direct and oblique pursuits are contained within the Proxy Statement.

No Offer or Solicitation

This communication shall not represent a suggestion to promote or the solicitation of a suggestion to purchase any securities, nor shall there be any sale of securities in any jurisdiction during which the supply, solicitation or sale could be illegal previous to the registration or qualification underneath the securities legal guidelines of any such jurisdiction. No providing of securities shall be made besides by way of a prospectus assembly the necessities of Section 10 of the Securities Act of 1933, as amended.

Additional Information

The Company has filed a Proxy Statement with the SEC in reference to the Meeting to think about and vote upon the Charter Amendment Proposal and, starting on or about April 29, 2024, mailed the Proxy Statement and different related paperwork to its stockholders as of the April 19, 2024 file date for the Special Meeting. The Company’s stockholders and different individuals are suggested to learn the Proxy Statement and every other related paperwork which were or will probably be filed with the SEC in reference to the Company’s solicitation of proxies for the Special Meeting as a result of these paperwork comprise necessary details about the Company, the Charter Amendment Proposal and associated issues. Stockholders may get hold of a free copy of the Proxy Statement, in addition to different related paperwork which were or will probably be filed with the SEC, with out cost, on the SEC’s web site positioned at  www.sec.gov or by directing a request to: ShoulderUp Technology Acquisition Corp, 125 Townpark Drive, Suite 300, Kennesaw, GA 30144, (650) 276-7040.

Forward-Looking Statements

This press launch consists of forward-looking statements throughout the that means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements concerning the assembly and associated issues, in addition to all different statements aside from statements of historic reality included on this Form 8-Ok are forward-looking statements. When used on this Form 8-Ok, phrases reminiscent of anticipate, consider, proceed, may, estimate, anticipate, intend, could, may, plan, potential, potential, predict, undertaking, ought to, would and comparable expressions, as they relate to us or our administration staff, determine forward-looking statements. Such forward-looking statements are based mostly on the beliefs of administration, in addition to assumptions made by, and knowledge presently obtainable to, the Company’s administration. Actual outcomes may differ materially from these contemplated by the forward-looking statements because of sure elements detailed within the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to the Company or individuals performing on its behalf are certified of their entirety by this paragraph. Forward-looking statements are topic to quite a few circumstances, lots of that are past the management of the Company, together with these set forth within the Risk Factors part of the Company’s Annual Report on Form 10-Ok, subsequent quarterly stories on Form 10-Q and preliminary public providing prospectus. The Company undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.

ShoulderUp Contact:

ShoulderUp Technology Acquisition Corp, 125 Townpark Drive, Suite 300, Kennesaw, GA 30144, (650) 276-7040.

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