secwatch.observer — SEC 8-K summary
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Issuer:     Iris Acquisition Corp (—)
CIK:        0001831874
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001104659-23-100078
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Iris Acquisition Corp extends business combination deadline to Dec 9, 2023 after stockholder vote
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- 8,066,753 shares (97% quorum) present; extension proposal passed with 7,908,565 for, 158,188 against.
- 1,006,495 Public Shares redeemed at ~$10.28 each; trust left ~$4.18M with 406,609 shares outstanding.
- Charter amendment removes net tangible assets minimum of $5,000,001 before/after share repurchases or business combination.
- Founder shares (Class B) now convertible to Class A on a one-for-one basis before business combination closes.
- Additional three-month extension at Board discretion beyond the December 9, 2023 deadline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831874/000110465923100078/0001104659-23-100078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831874/000110465923100078/tm2325931d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100078

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