secwatch / observer
8-K filed May 9, 2023, 7:59 PM ET CIK 0001824185
other material confidence high sentiment neutral materiality 0.60

HH&L shareholders approve SPAC extension to Aug 9, 2023; ~3.9M shares redeemed

HH&L Acquisition Co.

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

HH&L Acquisition Co.: Shareholders approved an amendment to Articles 51.7 and 51.8 of the second amended and restated memorandum and articles of association to extend the deadline for the company to consummate a business combination from May 9, 2023 to August 9, 2023, with possible further monthly extensions up to Februa (effective 2023-05-09).

Change
charter amendment
Effective
2023-05-09
Exact text from the filing
the shareholders approved (1) a special resolution to amend Articles 51.7 and 51.8 of the Company’s second amended and restated memorandum and articles of association, as amended by a special resolution of the Company’s shareholders on February 7, 2023 (the “Second MAA”) to extend the date (the “Termination Date”) by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses, which we refer to as a “business combination,” or (ii) cease its operations except for the purpose of winding up if it fails to complete such business combination and redeem or repurchase 100% of the Company’s public shares included as part of the units sold in the Company’s initial public offering that was consummated on February 9, 2021, which we refer to as the “IPO,” (the “Extension”) for three months, from May 9, 2023 to August 9, 2023, and, if the Company does not co
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

HH&L Acquisition Co. shareholders approved Extension Amendment Proposal at the 2023-05-09 meeting.

Outcome
passed
Meeting
2023-05-09
Exact text from the filing
The final voting tabulation for this proposal was as follows: FOR AGAINST ABSTAIN 16,722,004 254 0
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-057712
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