---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-058757"
form_type: "8-K"
ticker: "CBRRF"
cik: "0001845149"
company_name: "Chain Bridge I"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:51:23.152689+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Chain Bridge I enters non-redemption agreements to reduce redemptions ahead of extension vote

## Summary
- Sponsor and CB Co-Investment agree to transfer up to 150,000 founder shares per third party in exchange for not redeeming 400,000 public shares at May 12 special meeting.
- As of May 10, redemption requests received for 19,804,604 ordinary shares; trust account value ~$10.49 per share.
- Third parties expected to purchase at least 175,000 ordinary shares in open market and not redeem.
- Non-redemption agreements not expected to increase likelihood of extension approval but will increase funds remaining in trust.

## SEC filing metadata
- accession: 0001104659-23-058757
- form_type: 8-K
- ticker: CBRRF
- cik: 0001845149
- company_name: Chain Bridge I
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845149/000110465923058757/0001104659-23-058757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845149/000110465923058757/tm2315237d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-058757
- JSON: https://secwatch.observer/filing/0001104659-23-058757.json
- Plain text: https://secwatch.observer/filing/0001104659-23-058757.txt

## Key facts
- Material Agreements
  Chain Bridge I entered into Non-Redemption Agreement with certain unaffiliated third parties (effective 2023-05-10).
  - Action: entry
  - Counterparty: certain unaffiliated third parties
  - Effective: 2023-05-10
  source text: On May 10, 2023, the Company, Chain Bridge Group, the sponsor of the Company (the “Sponsor”), and CB Co-Investment LLC (“CB Co-Investment”) entered into non-redemption agreements (each, a “Non-Redemption Agreement”) with one or more unaffiliated third party or parties in exchange for each such third party or third parties agreeing not to redeem 400,000 ordinary shares of the Company sold in its initial public offering (the “Non-Redeemed Shares”) at the Special Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1845149/000110465923058757/0001104659-23-058757-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.