--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-028994" form_type: "8-K" ticker: null cik: "0001856774" company_name: "Games & Esports Experience Acquisition Corp." filed_at: "2023-03-06T23:59:59+00:00" generated_at: "2026-06-18T12:14:49.753850+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # GEEX extends business combination deadline to Dec 7, 2023; 13.6M shares redeemed at ~$10.43 ## Summary - Shareholders approved charter amendment extending deadline from March 7 to December 7, 2023, with monthly $140k deposits. - 13,639,848 ordinary shares redeemed at approximately $10.43 per share in connection with the vote. - Company borrowed $350k under a $1M unsecured promissory note from sponsor; $140k deposited to extend termination date to April 7, 2023. - Sponsor note bears no interest, repayable upon business combination or liquidation; sponsor may convert principal into private placement warrants at $1.00 per warrant. ## SEC filing metadata - accession: 0001104659-23-028994 - form_type: 8-K - cik: 0001856774 - company_name: Games & Esports Experience Acquisition Corp. - filed_at: 2023-03-06T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 5.03, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/0001104659-23-028994-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/tm238629d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-028994 - JSON: https://secwatch.observer/filing/0001104659-23-028994.json - Plain text: https://secwatch.observer/filing/0001104659-23-028994.txt ## Key facts - Debt Financings Games & Esports Experience Acquisition Corp. incurred loan of $350,000 with GEEX Sponsor, LLC at does not bear interest maturing the earlier of the consummation of the Company's initial business combination or the date the Company liquidates the Trust Account. - Instrument: loan - Principal: $350,000 - Counterparty: GEEX Sponsor, LLC - Rate: does not bear interest - Maturity: the earlier of the consummation of the Company's initial business combination or the date the Company liquidates the Trust Account - Event: incurrence source text: o the Company’s sponsor, GEEX Sponsor, LLC (the “Sponsor”), which provides for borrowings from time to time of up to evidence_url: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/0001104659-23-028994-index.htm - Governance Changes Games & Esports Experience Acquisition Corp.: 章程修订，延长业务合并截止日期至2023年12月7日，并取消自动三个月延长。 (effective 2023-03-06). - Change: charter amendment - Effective: 2023-03-06 source text: On March 6, 2023, shareholders of the Company held an extraordinary general meeting of shareholders (the “Extraordinary General Meeting”), where the shareholders of the Company approved by special resolution an amendment (the “Charter Amendment”) to the amended and restated memorandum and articles of association of the Company (the “Charter”) to: (A) extend the date by which the Company has to complete an initial business combination from the Termination Date to December 7, 2023, by electing to extend the date to consummate an initial business combination on a monthly basis for up to nine times by an additional one month each time after the Termination Date, until December 7, 2023, unless the closing of the Company’s initial business combination shall have occurred, provided that the Sponsor (or its affiliates or permitted designees) will deposit into the Trust Account for each such one-month extension period the lesser of (i) an aggregate of $140,000 or (ii) $0.05 per public share tha evidence_url: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/0001104659-23-028994-index.htm - Material Agreements Games & Esports Experience Acquisition Corp. entered into Sponsor Note with GEEX Sponsor, LLC valued at up to an aggregate of $1,000,000 (effective 2023-03-03). - Action: entry - Agreement: credit facility - Counterparty: GEEX Sponsor, LLC - Value: up to an aggregate of $1,000,000 - Effective: 2023-03-03 source text: On March 3, 2023, Games & Esports Experience Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Sponsor Note”) to the Company’s sponsor, GEEX Sponsor, LLC (the “Sponsor”), which provides for borrowings from time to time of up to an aggregate of $1,000,000 which may be drawn by the Company and used for working capital purposes and/or to finance monthly deposits into the trust account (the “Trust Account”) established in connection with the Company’s initial public offering (“IPO”) for each public share that is not redeemed in connection with the extension of the Company’s termination date from March 7, 2023 (the “Termination Date”) to December 7, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/0001104659-23-028994-index.htm - Shareholder Votes Games & Esports Experience Acquisition Corp. shareholders approved approve by special resolution the Charter Amendment (the 'Extension Amendment Proposal'). - Proposal: charter amendment - Outcome: passed source text: Extension Amendment Proposal Votes For Votes Against Abstentions 19,892,353 2,218,771 0 Accordingly, the Extension Amendment Proposal was approved. evidence_url: https://www.sec.gov/Archives/edgar/data/1856774/000110465923028994/0001104659-23-028994-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.