secwatch.observer — SEC 8-K summary
======================================

Issuer:     Monterey Innovation Acquisition Corp (—)
CIK:        0001860663
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001104659-23-079704
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.07, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/0001104659-23-079704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860663/000110465923079704/tm2320951d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-079704

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