secwatch.observer — SEC 8-K summary
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Issuer:     Artemis Strategic Investment Corp (—)
CIK:        0001839990
Form:       8-K
Filed at:   2023-07-06T23:59:59+00:00
Accession:  0001104659-23-078829
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARTE shareholders approve extension to April 2024; ~$189M redeemed, trust reduced to ~$22M
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- Shareholders approved extension of business combination deadline from July 4, 2023 to October 4, 2023, with monthly extensions up to April 4, 2024.
- Holders of 18,012,973 shares redeemed at ~$10.49/share, totaling ~$189M; trust account reduced to ~$22M.
- Sponsor entered $1M subscription agreement with Polar Multi-Strategy Master Fund; $180K initial deposit into trust for extension.
- Sponsor converted all 3,412,816 Class B shares to Class A common stock effective June 29, 2023.
- Charter amended to eliminate $5,000,001 net tangible asset redemption limitation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839990/000110465923078829/0001104659-23-078829-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839990/000110465923078829/tm2320250d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-078829

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