Item 8.01. Other Events.
As previously disclosed, on
On
Transaction Litigation
As of
Additional Information and Where to Find It
This communication is being made in respect of the proposed Merger involving
Elevate and Park Cities Asset Management. In connection with the proposed
Merger, Elevate filed the Proxy Statement relating to the Special Meeting at
which the proposed transaction will be submitted for approval by Elevate's
stockholders with the
Participants in the Solicitation
Elevate and certain of its directors, executive officers and other members of
management and employees may be deemed to be participants in soliciting proxies
from its stockholders in connection with the Merger. Information regarding those
persons and other persons who may, under the rules of the
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Forward-Looking Statements
This communication contains certain forward-looking statements concerning Elevate and the proposed transaction between Elevate and Park Cities Asset Management. All statements other than statements of fact, including information concerning future results, are forward-looking statements. These forward-looking statements are generally identified by the words "anticipate," "believe," "estimate," "expect," "intend," "may," "could" or similar expressions. Such forward-looking statements include, but are not limited to, the inability to obtain required regulatory approvals or satisfy other conditions to the closing of the proposed transaction; unexpected costs, liabilities or delays in connection with the proposed transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction; the significant transaction costs associated with the proposed transaction and other risks that may imperil the consummation of the proposed transaction, which may result in the transaction not being consummated within the expected time period or at all; negative effects of the announcement, pendency or consummation of the transaction on the market price of Elevate's common stock or operating results, including as a result of changes in key customer, employee or other business relationships; the risk of litigation or regulatory actions; the inability of Elevate to retain and hire key personnel; and the risk that certain contractual restrictions contained in the Merger Agreement during the pendency of the proposed transaction could adversely affect Elevate's ability to pursue business opportunities or strategic transactions. Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Given these risks and uncertainties, persons reading this communication are cautioned not to place undue reliance on such forward-looking statements. Elevate assumes no obligation to update or revise the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by applicable law.
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