Flame Acquisition (NYSE:FLME) said that the requisite number of shares voted at the special meeting on February 12, 2024, in favor of a business combination among Flame, Sable Offshore Holdings, and Sable Offshore Corp.
The deadline for electing redemptions of Flame common stock has passed, and Flame will have ~$62.2M in its trust account prior to the business combination.
The closing of the business combination is expected to occur on or about February 14, 2024.
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