Corner Growth Acquisition Corp. 2 extends deadline to March 2024, sees $15.3M redemptions

CORNER GROWTH ACQUISITION CORP. 2

Shareholders approved extension of business combination deadline from March 21, 2023 to March 21, 2024.
Holders of 1,444,221 Class A shares redeemed at ~$10.59/share, totalling ~$15,297,014.
Trust account balance post-redemptions is approximately $19,703,162.
Extension proposal passed with 6,961,733 votes for and 1 against.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

CORNER GROWTH ACQUISITION CORP. 2: Amended the company's amended and restated memorandum and articles of association to extend the business combination deadline from March 21, 2023 to March 21, 2024 (effective 2023-03-15).

Change: charter amendment
Effective: 2023-03-15

Exact text from the filing

On March 16, 2023, in connection with the Extraordinary General Meeting (as defined below), Corner Growth Acquisition Corp. 2 (the “Company”) filed with the Registrar of Companies of the Cayman Islands (“Registrar”) an amendment (the “Extension Amendment”) to its Amended and Restated Memorandum and Articles of Association to extend the date that the Company has to consummate a business combination from March 21, 2023 to March 21, 2024 (the “Extended Date”) or such earlier date as shall be determined by the Company’s board of directors (the “Board”) (the “Amended Termination Date”).

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CORNER GROWTH ACQUISITION CORP. 2 shareholders approved Special resolution to amend the articles to extend the business combination deadline to March 21, 2024 at the 2023-03-15 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-03-15

Exact text from the filing

Approval of Proposal 1—Extension Proposal Votes For Votes Against Abstentions 6,961,733 1 0

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CORNER GROWTH ACQUISITION CORP. 2 shareholders approved Ordinary resolution to adjourn the meeting if necessary for further solicitation at the 2023-03-15 meeting.

Outcome: passed
Meeting: 2023-03-15

Exact text from the filing

Approval of Proposal 2—Adjournment Proposal Votes For Votes Against Abstentions 6,950,587 11,147 0

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Source: SEC EDGAR

accession 0001104659-23-034498

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