secwatch.observer — SEC 8-K summary
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Issuer:     Newcourt Acquisition Corp (—)
CIK:        0001849475
Form:       8-K
Filed at:   2023-07-13T23:59:59+00:00
Accession:  0001104659-23-080730
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve extension of business combination deadline to Jan 22, 2024
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- Redemption of 389,511 public shares for ~$4.3M ($11.07/share); ~$12.3M remains in trust.
- Sponsor provides up to $750,000 promissory note for operating costs, convertible at $10/unit.
- Trust agreement amended to allow monthly extension payments of lesser of $45k or $0.03/share.
- Redemption limitation of $5,000,001 net tangible assets eliminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849475/000110465923080730/0001104659-23-080730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849475/000110465923080730/tm2321254d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-080730

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