---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-079704"
form_type: "8-K"
ticker: null
cik: "0001860663"
company_name: "Monterey Innovation Acquisition Corp"
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:42:08.325502+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Monterey Innovation Acquisition Corp. stockholders approve extension to April 2024; ~558K shares redeemed

## Summary
- Stockholders approved charter amendment extending business combination deadline from July 5, 2023 to up to April 5, 2024 via monthly $100k deposits.
- Trust agreement amended to allow up to nine monthly extensions to April 5, 2024, each requiring $100k deposit.
- 558,454 shares redeemed at ~$10.835/share for aggregate ~$6.05M; remaining trust ~$15.83M.
- Voting results: 3,772,142 FOR, 335,243 AGAINST, 17,600 abstain on both charter and trust amendments.

## SEC filing metadata
- accession: 0001104659-23-079704
- form_type: 8-K
- cik: 0001860663
- company_name: Monterey Innovation Acquisition Corp
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.07, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/0001104659-23-079704-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/tm2320951d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-079704
- JSON: https://secwatch.observer/filing/0001104659-23-079704.json
- Plain text: https://secwatch.observer/filing/0001104659-23-079704.txt

## Key facts
- Governance Changes
  Monterey Innovation Acquisition Corp: Amended charter to extend business combination deadline from July 5, 2023 to up to April 5, 2024 by depositing $100,000 per monthly extension (effective 2023-07-03).
  - Change: charter amendment
  - Effective: 2023-07-03
  source text: the Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “Charter”) which became effective upon filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/0001104659-23-079704-index.htm
- Shareholder Votes
  Monterey Innovation Acquisition Corp shareholders approved Amend the Charter to allow extension of the Combination Period by up to nine additional months at the 2023-07-03 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-07-03
  source text: The stockholders approved the proposal to amend (the “Charter Amendment”) the Company’s Charter by allowing the Company to further extend the date by which the Company has to consummate a business combination (the “Combination Period”) from July 5, 2023 to up to nine (9) times by an additional month each time (or up to April 5, 2024) (as extended, the “Extended Date”) by depositing into the trust account $100,000 for each additional month extension.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/0001104659-23-079704-index.htm
- Shareholder Votes
  Monterey Innovation Acquisition Corp shareholders approved Amend the Trust Agreement to allow extension of the Combination Period by up to nine additional months at the 2023-07-03 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-07-03
  source text: The stockholders approved the proposal to amend (the “Trust Amendment” and together with the Charter Amendment, the “Extensions”) the Trust Agreement, allowing the Company to extend the Combination Period from July 5, 2023 to the Extended Date by depositing into the trust account $100,000 for each additional month extension.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/0001104659-23-079704-index.htm

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