Crescent Acquisition Corp (NASDAQ: CRSA) (“Crescent”), a publicly-traded special purpose acquisition company, filed a definitive proxy statement relating to its previously announced proposed business combination (the “Business Combination”) with LiveVox Holdings, Inc. (“LiveVox”), a cloud-based provider of customer service and digital engagement tools.
Crescent will hold a special meeting in lieu of the 2021 annual meeting of its stockholders (the “Special Meeting”) to, among other things, allow its stockholders to vote to approve the proposed Business Combination. The Special Meeting is scheduled to be held on Wednesday, June 16th at 10 AM Pacific Time.
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The Special Meeting will be completely virtual and conducted via live webcast. Holders of record of Crescent common stock at the close of business on the record date of May 10, 2021 may vote at the Special Meeting.
If the proposals at the Special Meeting are approved, the parties anticipate that the Business Combination will close shortly thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions. Upon the closing of the Business Combination, the parties expect that the combined company will operate as LiveVox Holdings, Inc., and that its Class A common stock, units and warrants will be listed on The Nasdaq Stock Market LLC under the symbols “LVOX,” “LVOXU” and “LVOXW,” respectively.