secwatch.observer — SEC 8-K summary
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Issuer:     Corner Growth Acquisition Corp. (—)
CIK:        0001829953
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001104659-23-073854
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAC Corner Growth extends deadline to March 20, 2024; $8.1M redeemed, trust drops to ~$4.4M
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- Shareholders approved extension of business combination deadline from June 21, 2023 to March 20, 2024.
- Eliminated $5M net tangible asset redemption limitation; Class B shares now convertible at any earlier date.
- 771,499 Class A shares redeemed at ~$10.48/share totaling ~$8.1M; trust account balance ~$4.4M.
- Sponsor converted 9,825,000 Class B shares to Class A, leaving only 175,000 Class B outstanding.
- All proposals passed with >99% approval; quorum of 93.6% of ordinary shares represented.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829953/000110465923073854/0001104659-23-073854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829953/000110465923073854/tm2319479d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-073854

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