secwatch.observer — SEC 8-K summary
======================================

Issuer:     Seaport Global Acquisition II Corp. (—)
CIK:        0001869824
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001104659-23-022412
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SGII holders approve extension to Aug 2023; 10.1M shares redeemed ($103.9M); sponsor adds 200K shares
--------------------------------------------------------------------------------

- Special meeting Feb 13; shareholders approved extension of business combination deadline to Aug 19, 2023.
- 10,125,252 public shares redeemed at ~$10.27/share for total ~$103.9 million.
- Sponsor contributed 200,000 Class B shares to trust as condition for extension.
- After contribution, sponsor owns 3,393,750 Class B shares, representing 44.4% of outstanding if converted.
- Amendment to certificate of incorporation filed Feb 14 to allow extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869824/000110465923022412/0001104659-23-022412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869824/000110465923022412/tm236973d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-022412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer