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Thursday, January 2, 2025

Equity Corporate Actions Alert #2025 - 1
Information Regarding the Merger of Cepton (CPTN/W)

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  • Industry Announcement

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At a special meeting held on December 20, 2024 the shareholders of Cepton, Inc (CPTN/W) approved the merger with Koito Manufacturing Co. The merger is expected to close prior to the market open on January 7, 2025. In anticipation of the closing, the stocks will be halted immediately following the after-hours session at or around 7:50 p.m. January 6, 2025. The stocks will remain halted on the day of closing (January 7th) and will be suspended effective January 8, 2025 . The details are as follows:

Company Name/Issue: Cepton, Inc. Common Stock
CUSIP#: 15673X200
Symbol: CPTN
Last Trading Date: January 6, 2025
Marketplace Effective Date for Suspension: January 8, 2025
Merger Consideration: $3.17 for each share held.
Company Name/Issue: Cepton, Inc. Warrant
CUSIP#: 15673X119
Symbol: CPTNW
Last Trading Date: January 6, 2025
Marketplace Effective Date for Suspension: January 8, 2025
Merger Consideration: Pursuant to the warrant agreement, each public warrant will cease to represent a warrant exercisable for Common Stock and will instead represent only the right to receive an amount of cash equal to the Merger Consideration that a warrant holder would have received if such warrant was exercised immediately prior to the Effective Time, subject to the terms and conditions specified in the Warrant Agreement.

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