11/06/2025 | Press release | Distributed by Public on 11/06/2025 13:35
ITEM 5.03 AMENDMENT TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.
The disclosure set forth in Item 5.07 of this Current Report on Form 8-K is incorporated herein by reference.
ITEM 5.07 SUBMISSION OF A MATTER TO A VOTE OF SECURITY HOLDERS.
On October 22, 2025, the Company held a Special Meeting of Stockholders (the "Special Meeting"). The record date for the stockholders entitled to notice of, and to vote at, the Special Meeting was September 22, 2025. At the close of business on that date, there were 3,682,604 shares of common stock issued and outstanding and entitled to vote at the Special Meeting. Of the 3,682,604 shares of common stock issued and outstanding and entitled to be voted at the Special Meeting, 3,278,974 shares (or 89.04%), constituting a quorum, were represented in person or by proxy at the Special Meeting. At the Special Meeting, three proposals were submitted to the Company's stockholders. The proposals are described in more detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission. The final voting results were as follows:
Proposal 1
The Company's stockholders approved the amendment (the "Extension Amendment") to the Company's Amended and Restated Certificate of Incorporation to extend the date by which the Company has to consummate a business combination from October 22, 2025 to April 22, 2027 (the "Extended Termination Date"), without any additional deposits into the trust account, based upon the voting results set forth below.
| For | Against | Abstain |
| 3,278,974 | 0 | 0 |
Proposal 2
The Company's stockholders approved an amendment (the "Third Trust Amendment") to the Investment Management Trust Agreement, dated as of April 19, 2022, as amended on April 19, 2023 and August 22, 2024, by and between the Company and Continental Stock Transfer & Trust Company, to provide that the time for the Company to complete its initial business combination under the Trust Agreement shall be extended from October 22, 2025 to April 22, 2027, with the Sponsor agreeing to make, for each one-month extension, a contribution to the Trust Account equal to the lesser of (i) $7,500 or (ii) $0.33 per public share outstanding at the time of the extension, as an interest-free loan to be repaid only upon consummation of a business combination, based upon the voting results set forth below.
| For | Against | Abstain |
| 3,278,974 | 0 | 0 |
Proposal 3
The Company's stockholders approved a proposal (the "Adjournment Proposal") to direct the chairman of the Special Meeting to adjourn the meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event there were insufficient votes to approve the Extension Amendment Proposal and the Trust Amendment Proposal, based upon the voting results set forth below.
| For | Against | Abstain |
| 3,278,974 | 0 | 0 |
The Company's stockholders approved the Extension Amendment at the Special Meeting. The Company expects to file a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to reflect the approved amendments promptly following the Special Meeting.