Breeze Holdings Acquisition Corp. Reports Shareholders Voted To Approve Proposals At Special Meeting Extending Date For Consummation Of SPAC Deal With D-Orbit To Sept. 26, 2022

Breeze Holdings Acquisition Corp. (NASDAQ:BREZ) ("Breeze Holdings"), a special purpose acquisition company, today announced that its stockholders voted to approve proposals at a Special Meeting of Stockholders extending the date by which Breeze Holdings must consummate a business combination to September 26, 2022. With the approval, Breeze Holdings now has additional flexibility to complete the proposed transaction with D-Orbit S.p.A. ("D-Orbit"), a market leading space logistics and orbital transportation company. The transaction is expected to close in the third quarter of 2022.

"We thank our investors for their continued support and are moving full speed ahead with our transaction with D-Orbit," said J. Douglas Ramsey, Ph.D., Chairman and CEO of Breeze Holdings. "The team at Breeze Holdings remains excited about D-Orbit's upside as a leading, sustainable space logistics and orbital transportation company that is poised to play a key role in building the infrastructure for the new space economy."

The final voting results will be filed on Form 8-K with the Securities and Exchange Commission. 

Upon closing of the business combination, D-Orbit S.A., a newly formed joint stock company (société anonyme) governed by the laws of the Grand Duchy of Luxembourg ("Holdco"), will become the parent company of both D-Orbit and Breeze Holdings and will issue ordinary shares to the stockholders of D-Orbit and Breeze Holdings. Upon closing, Holdco's common stock is expected to trade on the Nasdaq Capital Market under the ticker symbol "DOBT."