MANCHESTER, England – (COMMERCIAL THREAD) – Wejo Limited (“Wejo”), a leader in connected vehicle data, today announced that it will be presenting at the 5th Annual Needham Virtual Automotive Tech Conference on Tuesday, June 8, 2021 at 11:00 am PT. ballast. Wejo Founder and CEO Richard Barlow and CFO John Maxwell will discuss the company’s mission to revolutionize the way we live, work and travel through connected vehicle data.
The event will be webcast and accessible through the company’s investor relations portal at https://www.wejo.com/investor-relations. A replay of the webcast will be available after the presentation.
Wejo is the leader in connected vehicle data, revolutionizing the way we live, work and travel by transforming and interpreting historical and near real-time vehicle data. The company enables smarter mobility by organizing billions of data points from more than 10.7 million vehicles and more than 44.4 billion trips around the world, across multiple makes, brands and models, then by standardizing and improving these large-scale data flows. Wejo partners with ethical, like-minded companies and individuals to turn that data into information that unlocks value for consumers. With the most comprehensive and reliable data, information and intelligence, Wejo is creating a smarter, safer and more sustainable world for everyone. Founded in 2014, Wejo employs over 175 people and has offices in Manchester, UK and Detroit, USA. For more information visit: www.wejo.com.
This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are provided for informational purposes only and are not intended to be used as, and are not intended to should not be relied on by an investor as a guarantee, assurance, prediction or definitive statement of fact or probability. Virtuoso Acquisition Corp. (“Virtuoso“) and Wejo Limited’s, a limited liability company incorporated under the laws of England and Wales under company number 08813730 (“Wejo“) actual results may differ from their expectations, estimates and projections and, therefore, you should not rely on such forward-looking statements as predictions of future events. Words such as” expect “,” estimate ”,“ project ”,“ budget ”,“ foresee ”,“ anticipate ”,“ intend to ”,“ plan ”,“ can ”,“ can ”,“ could ”,” “believe”, “predict” “,” Potential “,” continuing “and similar expressions (or negative versions of such words or expressions) are intended to identify these forward-looking statements. These forward-looking statements include, without limitation, the expectations of Virtuoso and Wejo with respect to the future performance and anticipated financial impacts of the proposed business combination, the satisfaction or waiver of the closing conditions of the proposed business combination, and the timing of completion of the proposed business combination.
These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. Most of these factors are beyond the control of Virtuoso and Wejo and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) the occurrence of any event, change or other circumstance that could result in the termination of the Agreement and the Merger Plan (the “”Merger agreement“); (ii) the outcome of any legal proceedings which may be brought against Virtuoso, Wejo Group Limited, a company incorporated under the laws of Bermuda (the” “Company”) And / or Wejo following the announcement of the Merger Agreement and the transactions contemplated therein; (iii) the inability to complete the proposed business combination, in particular due to the failure to obtain the approval of Virtuoso shareholders, certain regulatory approvals or the satisfaction of other closing conditions in the Merger Agreement ; (iv) the occurrence of any event, change or other circumstance which could result in the termination of the Merger Agreement or could otherwise prevent the closing of the transaction; (v) the impact of the COVID-19 pandemic on Wejo’s business and / or the ability of the parties to complete the proposed business combination; (vi) the inability to obtain or maintain the listing of the Company’s common shares on the Nasdaq Stock Market as a result of the proposed business combination; (vii) the risk that the proposed business combination will disrupt current plans and operations following the announcement and completion of the proposed business combination; (viii) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, Wejo’s ability to grow and manage its growth profitably, and to retain key employees ; (ix) costs associated with the proposed business combination; (x) changes in applicable laws or regulations; and (xi) the possibility that Wejo, Virtuoso or the Company will be adversely affected by other economic, business and / or competitive factors. The foregoing list of factors is not exclusive. Additional information regarding some of these and other risk factors is contained in Virtuoso’s most recent SEC documents and will appear on Form S-4 (the “Form S-4), Including the proxy circular / prospectus expected to be filed in connection with the proposed business combination. All subsequent written and oral forward-looking statements regarding Virtuoso, Wejo or the Company, the transactions described herein or other matters and attributable to Virtuoso, the Company or any person acting on their behalf are expressly qualified in their entirety by the wagers. caution above. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are posted. Each of Virtuoso, Wejo and the Company expressly disclaims any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in their expectations in this regard or any change in events, conditions. or circumstances upon which any statement is made, except as required by law.
No offer or solicitation.
This communication is not a proxy statement or a solicitation of proxy, consent or authorization with respect to any security or with respect to the proposed business combination and does not constitute an offer to sell or a sale. solicitation of an offer to purchase the securities of Virtuoso. , the Company or Wejo, nor will there be any sale of such securities in any state or jurisdiction in which such offering, solicitation or sale would be unlawful prior to registration or qualification under the laws of the securities of that state or jurisdiction. No offer of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.
Important information about the proposed business combination and where to find it.
In connection with the proposed business combination, a registration statement on Form S-4 is expected to be filed by the Company with the SEC. Form S-4 will include preliminary and final proxies to be distributed to holders of common shares of Virtuoso in connection with the solicitation of proxies of Virtuoso for voting by the shareholders of Virtuoso in connection with the proposed business combination and of other matters as described in form S. -4, as well as a prospectus of the Company relating to the offer of the securities to be issued within the framework of the completion of the business combination. Virtuoso, Wejo and the Company urge investors, shareholders and others to read, when available, Form S-4, including the Proxy Circular / Prospectus incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed business combination, as these documents will contain important information about Wejo, Virtuoso and the proposed business combination. These persons may also read Virtuoso’s final prospectus dated January 21, 2021 (SEC File No. 333-251781), for a description of the securities held by the officers and directors of Virtuoso and their respective interests as security holders in the completion of the proposed business combination. . Once Form S-4 is filed and declared effective, the Proxy Circular / Final Prospectus will be mailed to Virtuoso shareholders on a record date to be established for voting on the proposed business combination. Shareholders will also be able to obtain copies of these documents, free of charge, once available, on the SEC’s website at www.sec.gov, or by directing a request to: Virtuoso Acquisition Corp., 180 Post Road East, Westport, CT 06880, or (203) 227-1978. These documents, once available, can also be obtained, free of charge, from the SEC website (http://www.sec.gov).
THE INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR ANY AUTHORITY HAS PASSED OR APPROVED THE BASIS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HERE. ANY OTHER REPRESENTATION IS A PENAL OFFENSE.
Participants in the call for tenders.
Virtuoso, Wejo, the Company and their respective directors, officers and other officers and employees, under SEC rules, may be considered participants in the proxy solicitation of Virtuoso shareholders in connection with the Combination of companies proposed. Investors and security holders can obtain more detailed information regarding the names, affiliations and interests of the directors and officers of Virtuoso in Virtuoso’s final prospectus dated January 21, 2021 (SEC File No. 333-251781), which was filed with the SEC on Jan. 26. , 2021. Details of who may, under SEC rules, be considered participants in the proxy solicitation of Virtuoso shareholders in connection with the proposed business combination will be set out in the Proxy Circular of powers of attorney / prospectus for the proposed business combination when available. Information regarding the interests of Virtuoso and Wejo participants in the solicitation, which may in some cases differ from those of Virtuoso and Wejo shareholders in general, will be set out in the related proxy circular / prospectus. the proposed business combination when it becomes available.