CONVERSION NOTICE TO THE HOLDERS OF LIVENT CORPORATIONTransaction Agreement • October 19th, 2023 • Livent Corp. • Chemicals & allied products
WHEREAS, Livent Corporation (the “Company”) entered into that certain Transaction Agreement, dated as of May 10, 2023 (the “Transaction Agreement”), by and among the Company, Allkem Limited, an Australian public company limited by shares, and Allkem Livent plc, a public limited company incorporated under the laws of the Bailiwick of Jersey (originally incorporated as Lightning-A Limited, a private limited company incorporated under the laws of the Bailiwick of Jersey), pursuant to which, among other things, an indirect subsidiary of Allkem Livent plc will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned indirect subsidiary of Allkem Livent plc. The anticipated effective date of the Merger is expected to be on or about January 3, 2024 (the “Anticipated Effective Date”), subject to satisfaction of the closing conditions to the Transaction Agreement.
