secwatch.observer — SEC 8-K summary
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Issuer:     Chain Bridge I (CBRRF)
CIK:        0001845149
Form:       8-K/A
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001104659-23-059304
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chain Bridge I enters non-redemption agreements and updates redemption requests ahead of special meeting
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- Third-party purchasers bought 175,000 ordinary shares at $10.48/share and agreed not to redeem.
- Sponsor to transfer up to 150,000 founder shares per non-redemption counterparty upon business combination.
- As of May 11, 2023, Company received redemption requests for 18,848,866 ordinary shares.
- Per-share trust account value on May 9 was ~$10.49; closing price on May 10 was $10.42.
- Extension proposal vote scheduled for May 12, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845149/000110465923059304/0001104659-23-059304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845149/000110465923059304/tm2315237d3_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-059304

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