Business Combination of SES and Ivanhoe Capital Acquisition Corp. Approved by Ivanhoe Shareholders

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Feb 01, 2022

SES Holdings Pte. Ltd. (SES), a global leader in the development and production of high-performance hybrid lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, announced today that the shareholders of Ivanhoe Capital Acquisition Corp. (NYSE: IVAN) (“IVAN” or “Ivanhoe”), a publicly traded special purpose acquisition company, approved their previously announced business combination at an Extraordinary General Meeting of IVAN shareholders held on February 1, 2022. Additionally, the holders of the warrants of Ivanhoe also approved certain changes to Ivanhoe’s warrants at a special meeting held for that purpose. The formal results of the vote will be included in a Current Report on Form 8-K to be filed by Ivanhoe with the U.S. Securities and Exchange Commission.