secwatch.observer — SEC 8-K summary
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Issuer:     Atlantic Coastal Acquisition Corp. (—)
CIK:        0001836274
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001104659-23-100497
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic Coastal Acquisition Corp. shareholders approve charter extension to March 2024; 385,961 shares redeemed
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- Stockholders approved extension of business combination deadline from Sept 8, 2023 to March 8, 2024, with possible monthly extensions up to Sept 8, 2024.
- 385,961 public shares redeemed at ~$10.53 per share in connection with vote.
- 2,706,279 votes for, 181,344 against, 0 abstentions; quorum of 2,787,623 shares represented.
- Sponsor or affiliates to deposit $0.18 per unredeemed share into trust for extension, in exchange for unsecured promissory note.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923100497/0001104659-23-100497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923100497/tm2326107d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100497

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