Freenome (FRNM) Proxy filing summary

Executive summary

• An extraordinary general meeting is scheduled for June 10, 2026, to vote on extending the deadline to complete a business combination from June 13, 2026, to June 13, 2027, and to potentially adjourn the meeting if necessary.

• The extension is sought to allow more time to complete a previously announced business combination with Freenome Holdings, Inc., though completion is not guaranteed.

• Shareholders of record as of May 12, 2026, are eligible to vote and may attend in person or virtually.

• Holders of Class A ordinary shares may redeem their shares for a pro rata portion of the trust account if the extension is approved.

Voting matters and shareholder proposals

• Proposal 1: Amend the Memorandum and Articles of Association to extend the business combination deadline by one year.

• Proposal 2: Adjourn the meeting if there are insufficient votes or excessive redemptions affecting Nasdaq listing requirements.

• Both proposals require specific voting thresholds: two-thirds for the extension and a majority for adjournment.

• The board unanimously recommends voting in favor of both proposals.

Board of directors and corporate governance

• The board is led by Joseph Edelman (Chairman) and Adam Stone (CEO), with significant ownership by the sponsor and directors.

• Initial shareholders, including directors and officers, hold approximately 22.1% of voting power and have agreed to vote in favor of the proposals.

• The sponsor is affiliated with Perceptive Advisors, a major life sciences investment firm.