NEW YORK & CHARLOTTE, N.C., Jun 18, 2021–(Small business WIRE)–Spartan Acquisition Corp. II, a publicly traded particular goal acquisition business (“Spartan” or the “Company”) (NYSE: SPRQ), introduced right now that its registration assertion on Kind S-4 (File No. 333-254589) (as amended, the “Registration Statement”), relating to the formerly introduced business mixture (the “Organization Mix”) with Sunlight Monetary LLC (“Sunlight” or “Sunlight Financial”), has been declared productive by the U.S. Securities and Trade Commission (the “SEC”) and that it will start mailing of the definitive proxy statement/prospectus relating to the Specific Meeting (the “Specific Meeting”) of the Company’s stockholders to be held at 11:00 a.m., Jap time on July 8, 2021 in connection with the Business Blend. The Unique Conference will be entirely digital.

The proxy statement/prospectus is being mailed to the Company’s stockholders of report as of the close of company on June 1, 2021 (the “Report Day”). Holders of Spartan’s shares of Class A Typical Inventory and Class B Typical Stock at the near of business on the Document Day are entitled to detect of the digital Particular Assembly and to vote at the digital Distinctive Conference. Discover of the Distinctive Meeting will be mailed on or about June 18, 2021 to stockholders of file as of the History Date.

If the proposals at the Unique Meeting are permitted, Spartan anticipates that the Small business Mixture will close soon thereafter, subject to the satisfaction or waiver (as applicable) of all other closing conditions.

Much more information and facts about voting and attending the Unique Assembly is involved in the proxy statement/prospectus initially submitted by Spartan with the SEC on March 22, 2021, as amended, which is available with out cost on the SEC’s website at http://www.sec.gov or by directing a ask for to: Geoffrey Robust, Chief Govt Officer and Chairman, c/o Spartan Acquisition Corp. II, 9 West 57th Avenue, 43rd Floor, New York, New York 10019 e-mail: [email protected] Spartan encourages you to study the proxy assertion/prospectus thoroughly. The deadline for Spartan’s community stockholders to work out their redemption rights in connection with the Enterprise Mix is July 6, 2021 at 5:00 p.m. Jap time.

If you have any queries or have to have support voting your shares, please e-mail our proxy solicitor, Morrow Sodali LLC, at [email protected] simply call at (800) 662-5200 (banks and brokers can get in touch with (203) 658-9400), or please pay a visit to our web page at www.votesunlight.com.

Business enterprise Mix

On January 23, 2021, Sunlight entered into a small business combination arrangement with Spartan. The Company Mix is predicted to close early in the 3rd quarter of 2021. Upon closing of the transaction, the combined general public firm will be named Daylight Money Holdings Inc. Sunlight Financial LLC will be the new community keeping company’s sole operating subsidiary and Sunlight’s existing management staff will proceed to guide the small business. Sunlight Economic Holdings Inc. expects to be mentioned on NYSE and has reserved the ticker “SUNL” subsequent completion of the Organization Combination with Spartan.

About Daylight Money

Sunlight Economic is a leading, technologies-enabled stage-of-sale finance company. Daylight partners with contractors nationwide to present property owners with financing for the set up of residential solar methods and other residence improvements. Sunlight’s very best-in-class know-how and deep credit score skills simplify and streamline purchaser finance, making sure a speedy and frictionless approach for both equally contractors and householders. For more data, visit www.sunlightfinancial.com.

About Spartan Acquisition Corp. II

Spartan is a distinctive goal acquisition entity centered on the vitality value chain in North The us and was fashioned for the reason of effecting a merger, cash inventory exchange, asset acquisition, inventory order, reorganization or equivalent business mix with a single or far more organizations. Spartan is sponsored by Spartan Acquisition Sponsor II LLC, which is owned by a private expenditure fund managed by an affiliate of Apollo World-wide Administration, Inc. (alongside one another with its subsidiaries, “Apollo”) (NYSE: APO). For additional data, make sure you take a look at www.spartanspacii.com.

Ahead-Searching Statements

The information in this push launch includes “forward-wanting statements” inside the that means of the “safe and sound harbor” provisions of the United States Personal Securities Litigation Reform Act of 1995. Ahead-searching statements might be discovered by the use of terms these as “estimate,” “plan,” “task,” “forecast,” “intend,” “will,” “assume,” “foresee,” “believe,” “find,” “target” or other identical expressions that predict or reveal future occasions or trends or that are not statements of historic issues. These forward-hunting statements may well incorporate, but are not confined to, statements with regards to the graduation of mailing of the proxy statement/prospectus, the Special Conference and the closing of the Business enterprise Blend. These forward-searching statements are not ensures of upcoming general performance, mirror the present views and expectations of Spartan’s administration and Sunlight’s administration, are dependent on several assumptions, regardless of whether or not discovered herein, and are topic to acknowledged and unidentified risks, uncertainties and other things that may lead to actual success, general performance or achievements to be materially different from expectations or effects projected or implied by this kind of ahead-searching statements. Such challenges and uncertainties involve, between other folks: modifications in domestic and overseas enterprise, marketplace, financial, political and legal conditions the inability of Spartan and Sunlight to correctly or timely consummate the Organization Blend, including the danger that any needed regulatory approvals are not received, are delayed or are subject to unanticipated conditions that could adversely have an affect on the combined company or the envisioned added benefits of the Business enterprise Blend or that the acceptance of the stockholders of Spartan or equityholders of Daylight is not obtained failure to realize the anticipated benefits of the Organization Mix the amount of money of redemption requests created by Spartan’s public stockholders the means of Spartan or the put together company to challenge fairness or fairness-connected securities in connection with the Enterprise Mix or in the upcoming hazards relating to the uncertainty of the projected operating and economic information with regard to Daylight risks connected to Sunlight’s company and the timing of predicted company milestones or results the effects of opposition and regulatory risks, and the impacts of improvements in legislation or rules on Sunlight’s foreseeable future business the expiration, renewal, modification or alternative of the federal solar financial investment tax credit rating, rebates and other incentives the outcomes of the COVID-19 pandemic on Sunlight’s company or long term results Sunlight’s skill to appeal to and retain its associations with 3rd events, including Sunlight’s money providers and solar contractors changes in the retail price ranges of traditional utility produced electrical energy the availability of solar panels, batteries and other factors and uncooked components and these types of other dangers and uncertainties reviewed in the “Threat Elements” segment of Spartan’s Yearly Report on Variety 10-K for the yr finished December 31, 2020 as submitted with the SEC on March 11, 2021, as amended on Might 11, 2021, and Registration Assertion on Type S-4 as submitted with the SEC on March 22, 2021, as amended on Could 12, 2021 and June 1, 2021, and other files of Spartan submitted, or to be submitted, with the SEC. All forward-searching statements employed herein converse only as of the day they are made and are based mostly on data obtainable at that time. Neither Spartan nor Sunlight assumes any obligation to update forward-on the lookout statements to replicate conditions or occasions that arise after the date the ahead-looking statements had been made or to mirror the event of unanticipated situations apart from as necessary by federal securities guidelines. As forward-on the lookout statements involve substantial dangers and uncertainties, warning must be exercised from putting undue reliance on these types of statements.

Essential Data for Traders Members in Solicitation

In relationship with the transactions (the “Transactions”) contemplated by that selected Enterprise Mix Agreement, dated as of January 23, 2021, by and among Sunlight, Spartan and their subsidiaries and affiliates bash thereto, Spartan has filed a Registration Statement on Kind S-4, as amended (which consists of a proxy assertion/prospectus of Spartan) and other relevant documents with the SEC. This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Enterprise Blend. This interaction also shall not represent an provide to offer or the solicitation of an give to obtain any securities nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be illegal prior to registration or qualification underneath the securities legislation of any such jurisdiction. No featuring of securities shall be built apart from by suggests of a prospectus meeting the prerequisites of Part 10 of the Securities Act of 1933, as amended, or an exemption therefrom. In addition, nothing at all contained herein need to be construed as legal, economical, tax or other tips. Safety HOLDERS OF SPARTAN AND Daylight ARE URGED TO Read through (1) THE REGISTRATION Assertion, (2) THE PROXY Statement/PROSPECTUS (Such as ALL AMENDMENTS AND Nutritional supplements THERETO), (3) OTHER Paperwork RELATING TO THE TRANSACTIONS THAT WILL BE Submitted WITH THE SEC BY SPARTAN, AND (4) Further Push RELEASES FROM Daylight AND SPARTAN Observed ON THEIR RESPECTIVE Internet websites, Diligently AND IN THEIR ENTIRETY WHEN THEY Turn out to be Available, Due to the fact These kinds of Files WILL Include Critical Information and facts ABOUT THE TRANSACTIONS. Spartan’s and Sunlight’s stockholders can obtain a free of charge duplicate of the proxy assertion/prospectus, as effectively as other filings made up of facts about Spartan, Daylight and the Transactions, without the need of demand, at the SEC’s web-site found at www.sec.gov. Spartan and its directors and executive officers and other persons might be deemed to be members in the solicitations of proxies from Spartan’s stockholders with regard to the proposed enterprise mix and the other matters set forth in the proxy assertion/prospectus. Information concerning Spartan’s administrators and govt officers is available below the heading Item 10. “Administrators, Govt Officers and Corporate Governance” provided in its Yearly Report on Type 10-K/A filed with the SEC on Might 11, 2021. Information and facts pertaining to the merged company’s proposed administrators and executive officers right after the Transactions are consummated, as perfectly as a description of their immediate and indirect pursuits, by security holdings or or else is out there below the headings “Management After the Enterprise Mix”, “The Organization Combination—Interests of Sure Individuals in the Enterprise Mix” and “Effective Ownership of Securities” involved in Spartan’s Registration Statement on Variety S-4/A as submitted with the SEC on June 1, 2021, and other related documents that may possibly be subsequently filed with the SEC.

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Contacts

Daylight Money:

Trader Relations
Lucia Dempsey, Daylight Financial
Garrett Edson, ICR
[email protected]
888.315.0822

Public Relations
Doug Donsky / Brian Ruby, ICR
[email protected]
646.677.1844

Spartan Acquisition Corp. II:

Trader Relations:
[email protected]

Media:
[email protected]