EdtechX Holdings Acquisition Corp. II and zSpace to Current at Oppenheimer’s twenty fifth Annual Expertise, Web and Communications Convention

zSpace, Inc.

zSpace, Inc.

LONDON and SAN JOSE, Calif., Aug. 09, 2022 (GLOBE NEWSWIRE) — zSpace, Inc. (“zSpace” or the “Firm”) and EdtechX Holdings Acquisition Corp. II (Nasdaq: EDTXU, EDTX, and EDTXW) (“EdtechX II”), an SPAC centered on edtech and the way forward for work, set to showcase at Oppenheimer 25e Annual Expertise, Web and Communications Convention, to be held just about on August 9-10, 2022.

EdtechX II and zSpace Administration Set to Current Wednesday, August 10e at 1:15 p.m. Jap Time. The presentation will likely be webcast stay and accessible for replay here and on the Firm’s Investor Relations web page here.

As beforehand introduced, zSpace and EdtechX II have entered right into a definitive merger settlement which might outcome within the IPO of zSpace. Following the anticipated closing of the proposed enterprise mixture, the mixed firm is anticipated to be known as zSpace Applied sciences, Inc. and to commerce on the Nasdaq inventory trade beneath the brand new image “ZSPX”. The enterprise mixture is anticipated to be accomplished following receipt of required EdtechX II shareholder approval, required regulatory approvals and satisfaction of different customary closing situations.

To obtain extra info, request an invite, or schedule a one-on-one assembly with administration, please contact your Oppenheimer consultant or the corporate’s Investor Relations crew at zSpace@gatewayir.com.

About zSpace
zSpace is an evidence-based Augmented/Digital Actuality (AR/VR) platform, delivering progressive hands-on and experiential studying to enhance outcomes in science, math, and profession and technical training. Greater than 2,400 college clients, technical facilities, neighborhood faculties and universities in america use zSpace to offer equitable entry to training for tens of millions of learners who’re making ready to achieve school {and professional} research. A personal, venture-backed firm positioned in San Jose, California that holds over 70 patents. zSpace has been named “Cool Vendor” by Gartner, Inc., “Finest in Present at ISTE” by Tech & Studying Journal for 3 consecutive years, and ranked on the Inc. 500 checklist of quickest rising firms two years in a row .

About EdtechX Holdings Acquisition Corp. II
EdtechX Holdings Acquisition Corp. II is a clean verify company organized for the aim of effecting a merger, inventory trade, asset acquisition, inventory buy, reorganization or different comparable enterprise mixture with a number of firms or entities. EdtechX II is led by its founders, Charles McIntyre, Government Chairman and Chief Funding Officer, and Benjamin Vedrenne-Cloquet, Chief Government Officer.

Ahead-looking statements
This communication accommodates sure forward-looking statements inside the that means of federal securities legal guidelines with respect to the proposed transaction between zSpace and EdtechX II. These forward-looking statements are typically recognized by the phrases “imagine”, “undertaking”, “count on”, “anticipate”, “estimate”, “intend”, “technique”, “future”, “alternative ‘, ‘plan,’ ‘could’, ‘ought to’, ‘will’, ‘would’, ‘will’, ‘will’, ‘will most likely’ and comparable expressions. Ahead-looking statements are predictions, projections and different statements about future occasions which are primarily based on present expectations and assumptions and, subsequently, are topic to dangers and uncertainties. Many elements might trigger precise future occasions to vary materially from the forward-looking statements contained on this communication. You need to fastidiously think about the dangers and uncertainties described within the “Threat Elements” part of EdtechX II’s Annual Reviews on Kind 10-Okay, Quarterly Reviews on Kind 10-Q, Registration Assertion on Kind S-4 and different paperwork filed by EdtechX. II occasionally with the SEC. These filings establish and handle different vital dangers and uncertainties that would trigger precise occasions and outcomes to vary materially from these contained within the forward-looking statements. Ahead-looking statements communicate solely as of the date they’re made. Readers are cautioned to not place undue reliance on forward-looking statements, and zSpace and EdtechX II undertake no obligation and don’t intend to replace or revise these forward-looking statements, whether or not because of new info, future occasions or in any other case. Neither zSpace nor EdtechX II ensures that zSpace or EdtechX II will meet their expectations.

Extra Info and The place to Discover It / Non-Solicitation
This press launch pertains to a proposed transaction between zSpace and EdtechX II. This press launch isn’t a proxy assertion or a solicitation of any energy of legal professional, consent or authorization with respect to any safety or with respect to the potential transaction and doesn’t represent a supply to promote or a solicitation of a suggestion to purchase securities of zSpace, the mixed firm or EdtechX II, and there will likely be no sale of such securities in any state or jurisdiction through which such supply, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of such state or jurisdiction. No supply of securities could also be made aside from via a prospectus satisfying the necessities of the Securities Act of 1933, as amended (the “Securities Act”). EdtechX II intends to file a registration assertion on Kind S-4 with the SEC, which can embody a doc serving as EdtechX II’s prospectus and proxy assertion, known as a proxy assertion/prospectus. A proxy/prospectus will likely be despatched to all EdtechX II shareholders. EdtechX II can even file different paperwork relating to the proposed transaction with the SEC. Earlier than making any voting choice, traders and safety holders of EdtechX II are urged to learn the registration assertion, proxy assertion/prospectus and all different related paperwork filed or to be filed with the SEC. in reference to the proposed transaction as they grow to be accessible. as a result of they’ll comprise vital details about the proposed transaction.

Contributors within the solicitation
EdtechX II and zSpace and their respective administrators and officers could also be thought of contributors within the solicitation of proxies from EdtechX II stockholders in reference to the proposed transaction. Details about the administrators and officers of EdtechX II and their possession of EdtechX II securities is ready forth in EdtechX II’s filings with the SEC. To the extent that the securities holdings of EdtechX II have modified from the quantities printed in EdtechX II’s registration assertion on Kind S-1, such adjustments have been or will likely be mirrored within the change of possession statements on Kind 4 filed with the SEC. An inventory of the names of such administrators and officers and data relating to their pursuits within the enterprise mixture will likely be contained within the proxy assertion/prospectus when accessible. You possibly can acquire free copies of those paperwork as described within the previous paragraph.

No supply or solicitation
These communications don’t represent a suggestion to promote or the solicitation of a suggestion to purchase securities, nor a solicitation of a vote or approval, and there will likely be no sale of securities in any jurisdiction through which such a suggestion , solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such jurisdiction. No supply of securities could also be made besides via a prospectus satisfying the necessities of Part 10 of the Securities Act, or an exemption therefrom.

EdtechX Holdings Acquisition Corp. II Company contact:
Benjamin Vedrenne-Cloquet
Chief government officer
c/o Svetlana Lelik
sl@ibiscap.com
bvc@edtechxcorp.com

EdtechX Holdings Acquisition Corp. II Media contacts:
Sandra Novakov
Sandra.novakov@citigatedewerogerson.com

zSpace Investor Requests:
Cody Slach and Jackie Keshner
Gateway Group, Inc.
+1-949-574-3860
zSpace@gatewayir.com

zSpace Media Contact:
amanda austin
zSpace, Inc.
+1-408-638-9413
press@zspace.com

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