Leafly Holdings Inc. (“Leafly”), a leading online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I (NASDAQ: MCMJ) (“Merida”), a special purpose acquisition company sponsored by Merida Capital Holdings, announced today that the special meeting in lieu of annual meeting of Merida stockholders (the “Special Meeting”) to approve the previously announced business combination between the parties has been adjourned to February 1, 2022.
The record date to determine those holders of Merida common stock that are entitled to vote at the Special Meeting has not changed and remains December 28, 2021. Holders of record are encouraged to vote on the proposals before 11:59 p.m. ET on January 31, 2022. Merida stockholders who wish to exercise their redemption rights must do so no later than 5:30 p.m. ET on January 28, 2022, by following the procedures specified in the definitive proxy statement/prospectus/consent solicitation statement for the Special Meeting.
If the proposals at the Special Meeting are approved, the business combination is expected to close shortly thereafter, subject to satisfaction of customary closing conditions. Upon completion of the proposed business combination, Merida is expected to adopt the Leafly name, and its common stock is expected to be listed on the NASDAQ under the ticker symbol “LFLY.”
Merida also announced that it has filed a proxy statement/prospectus/consent solicitation statement supplement reflecting new information related to its recently announced $30 million convertible note purchase agreement with new investors led by Cohanzick Management LLC and affiliates. The proxy statement/prospectus/consent solicitation statement and the supplement are available on www.sec.gov. Stockholders of record who require assistance voting, need additional copies of the proxy materials, or have questions regarding the Special Meeting may contact Merida’s proxy solicitor, Morrow Sodali LLC (email: MCMJ.info@investor.morrowsodali.com).
