secwatch.observer — SEC 8-K summary
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Issuer:     Everest Consolidator Acquisition Corp (—)
CIK:        0001863719
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001104659-23-066112
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everest Consolidator extends deadline to Aug 28, 2023 via $1.725M deposit
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- Sponsor deposited $1,725,000 ($0.10 per public share) into trust to extend by three months.
- Company issued 1,150,000 private placement warrants at $1.50 each to sponsor on same terms as IPO warrants.
- Second extension shifts business combination deadline from May 28 to August 28, 2023.
- No stockholder vote or redemption rights in connection with the extension.
- Conditional guaranty executed for sponsor's promissory note supporting the deposit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/0001104659-23-066112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/tm2317319d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-066112

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