Data Knights Acquisition Corp. extends deadline to May 2024 via charter amendment, faces 1M share redemptions

OneMedNet Corp

Stockholders approved charter and trust amendments allowing up to nine monthly extensions to May 11, 2024.
Each monthly extension requires deposit into trust of lesser of $75,000 or $0.045 per public share.
Holders of 1,018,846 public shares exercised redemption rights from trust account of ~$30.3 million.
Approval votes: 5,574,973 in favor, 82,213 against, no abstentions or broker non-votes.
Company continues to work towards business combination with OneMedNet.

item 1.01 item 3.03 item 5.03 item 5.07 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

OneMedNet Corp: Amended charter to extend deadline for business combination up to nine one-month extensions through May 11, 2024, with deposit of extension amount into trust account.

Change: charter amendment

Exact text from the filing

promptly filed the Amended Charter with the Secretary of State of the State of Delaware.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.4

OneMedNet Corp shareholders approved Trust Amendment Proposal to amend the Trust Agreement to change the termination date of the trust.

Outcome: passed

Exact text from the filing

The stockholders approved the Extension Amendment Proposal.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

OneMedNet Corp shareholders approved Extension Amendment Proposal to amend the Company's Amended and Restated Certificate of Incorporation to extend the date by which the Company must consummate a business combination.

Proposal: charter amendment
Outcome: passed

Exact text from the filing

The Stockholders approved the Extension Amendment Proposal.

View on SEC.gov

13 governance changes filed in the last 30 days. Browse all governance changes →

OneMedNet Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-090598

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