{"filings":[{"id":126923,"accession_number":"0001493152-25-029645","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-12-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"CEO Wang resigns; CFO Zheng Yuan appointed as CEO of Embrace Change Acquisition Corp.","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jingyu Wang resigned as CEO on Dec 25, 2025; Board approved resignation on Dec 26, 2025.","Zheng Yuan (CFO) appointed as CEO, retaining CFO role.","Resignation not due to disagreements with company operations or policies.","Wang had been CEO since Dec 2022 and a director since Dec 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126922,"accession_number":"0001493152-25-018918","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-10-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Embrace Change Acquisition amends merger with Tianji Tire, extends deadline to Aug 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Outside date extended from August 12, 2025 to August 12, 2026; condition requiring $5M net tangible assets removed.","Tianji Tire must pay $275,000 plus interest as extension payment by October 31, 2025.","Tianji Tire to fund Parent's reasonable documented expenses within 5 business days of invoice; late charge of 5% applies.","Merger Sub ownership corrected to be a wholly owned subsidiary of Parent, not Purchaser."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143712,"accession_number":"0001641172-25-024606","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. receives Nasdaq delisting notice for missing business combination deadline","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["On August 14, 2025, Embrace Change received Nasdaq delisting notice for failure to complete business combination by Aug 9, 2025.","Trading in ordinary shares (EMCG), warrants (EMCGW), rights (EMCGR), and units (EMCGU) will be suspended at the opening on August 21, 2025.","The securities are expected to be quoted on the OTC Pink Market under the same symbols, but no guarantee of continued trading.","The Company intends to continue pursuing an initial business combination and relisting on Nasdaq, but no assurance of success."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143711,"accession_number":"0001641172-25-022993","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["1.01","5.03","5.07","8.01","9.01"],"status":"ready","headline":"Embrace Change Acquisition extends deadline to Aug 2026; 46% of shares redeemed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved 12-month extension of business combination deadline to August 12, 2026.","Trust agreement amended; no additional deposit required for the extension.","2,097,743 shares tendered for redemption (46.4% of outstanding), leaving 2,422,281 shares.","69.35% of shares represented; both proposals passed with 2,802,532 for and 332,057 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161932,"accession_number":"0001829126-25-002331","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Independent Director Mou Zhou Resigns from Embrace Change Acquisition Corp.","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mou Zhou resigned as an independent director on March 27, 2025.","Resignation was not due to any dispute with the company or its board.","Embrace Change Acquisition Corp. is a Cayman Islands exempted company listed on Nasdaq.","The company's securities trade under symbols EMCG, EMCGU, EMCGW, and EMCGR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179989,"accession_number":"0001829126-25-000387","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"EMCG SPAC enters $450M merger agreement with Tianji Tire Global","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["EMCG to issue 45M shares at $10 each ($450M total) to Tianji shareholders.","Transaction requires SEC effectiveness, Nasdaq listing, and CSRC China filing acceptance.","Outside date for closing is August 12, 2025; termination provisions standard.","Sponsor Wuren Fubao Inc. and certain Tianji shareholders enter support and lock-up agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213085,"accession_number":"0001829126-24-006180","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Embrace Change receives Nasdaq delisting notice for delinquent 10-Q; aims to file by Sept 30","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received additional delisting determination from Nasdaq on Sept 5, 2024 for failure to timely file Form 10-Q for Q2 2024.","Violation of Nasdaq Listing Rule 5250(c)(1); Company actively working to complete and file the delayed 10-Q.","Aims to regain compliance by Sept 30, 2024 per timeline established by Nasdaq hearings panel.","Press release issued Sept 7, 2024 disclosing the notice as required by Nasdaq Listing Rule 5810(b)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213084,"accession_number":"0001829126-24-005546","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-08-15T23:59:59+00:00","items":["1.01","5.03","5.07","8.01","9.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. shareholders approve extension to Aug 2025; 2.9M shares redeemed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved extending business combination deadline from Aug 12, 2024 to Aug 12, 2025 via 12 one-month extensions.","Company must deposit $75,000 per outstanding public share into trust for each monthly extension.","At extraordinary general meeting on Aug 12, 2024, 2,903,151 ordinary shares were redeemed, leaving 4,520,024 shares outstanding.","Extension vote: 4,528,994 FOR, 975,484 AGAINST; Trust amendment vote: 3,828,007 FOR, 975,484 AGAINST."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213083,"accession_number":"0001829126-24-005234","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.03","8.01","9.01"],"status":"ready","headline":"SPAC Embrace Change Acquisition extends deadline to Aug 12, borrows $300k via promissory note","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Extended business combination deadline from May 12 to Aug 12, 2024; deposited $400k trust ($200k each on Aug 5 and 6).","Issued $300k unsecured promissory note at 9.127% annual interest; principal due 2 months from Aug 5, extendable by 2 months.","Note proceeds used for extension fee and/or working capital; payee name redacted as confidential.","Note ranks senior to other loans and prepayment is not permitted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":213082,"accession_number":"0001829126-24-004536","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. Receives Nasdaq Delisting Notice for Noncompliance with Listing Rules","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq Staff Determination on June 24, 2024 cites failure to meet minimum 400 total shareholders and late filing of 10-K and 10-Q.","Securities face suspension on July 3, 2024 unless appeal succeeds; hearing requested stays suspension until July 16, 2024.","CEO Jingyu Wang states commitment to increase shareholder count and complete overdue financial reports."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232196,"accession_number":"0001829126-24-003943","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. receives Nasdaq delisting notice for late Q1 2024 filing","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq Letter due to failure to file Q1 2024 10-Q by due date; non-compliance with Listing Rule 5250(c)(1).","Company has until July 1, 2024 to submit a plan to regain compliance; may be granted extension to October 14, 2024.","If compliance not regained by deadline, ordinary shares, warrants, and rights will be subject to delisting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232195,"accession_number":"0001829126-24-003247","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["2.03","3.02","9.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. issues $81,000 convertible promissory note to CFO","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$81,000 unsecured promissory note issued to CFO Zheng Yuan to pay a bill; no interest, due upon business combination.","Convertible at $10/unit into units identical to private placement units; up to $500k total notes convertible.","Issuance relies on Section 4(a)(2) exemption as unregistered sale; 8,100 units would be issued if fully converted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232194,"accession_number":"0001829126-24-002904","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-04-29T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Embrace Change gets Nasdaq delisting notice for unpaid fees, resolves with payment","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received delisting determination letter from Nasdaq on April 23, 2024 for non-payment under Listing Rule 5250(f).","Company subsequently paid the outstanding fee to Nasdaq.","No trading suspension or further action disclosed; listing status expected to be maintained."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250468,"accession_number":"0001829126-24-001873","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-03-25T23:59:59+00:00","items":["2.03","3.02","9.01"],"status":"ready","headline":"Embrace Change Acquisition Corp. issues $70K working capital note to CFO Zheng Yuan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $70,000 unsecured promissory note to CFO Zheng Yuan for bill payment (no interest, repayable upon initial business combination).","Note convertible at holder's election into private units at $10/unit; up to $500k in aggregate notes convertible.","If converted fully, 7,000 private placement units would be issued (exempt under Section 4(a)(2)).","Note ranks behind trust account; no recourse against trust proceeds if business combination fails."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250467,"accession_number":"0001829126-24-001595","cik":1869601,"company_name":"Embrace Change Acquisition Corp.","ticker":"EMCGF","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Embrace Change Acquisition restructures deferred underwriting fee and extends deadline via CFO loan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Deferred underwriting commission of $2.59M replaced with $750K cash plus 200K shares at business combination close.","Issued $100K promissory note to CFO Zheng Yuan to extend business combination deadline from Mar 12 to Apr 12.","Note is interest-free, convertible at $10/unit into private placement units; repayable upon business combination.","Also agreed to lift restrictions on 73,929 Issuance Shares previously issued to Kingswood Capital and others."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}