secwatch.observer — SEC 8-K summary
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Issuer:     AP Acquisition Corp (—)
CIK:        0001862993
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001104659-23-102810
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AP Acquisition Corp extends business combination deadline to June 21, 2024; sponsor to fund trust monthly
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- Shareholders approved extension of deadline from Sept 21, 2023 to June 21, 2024.
- Sponsor issued $1.8M promissory note for $200K monthly deposits into trust account.
- Working capital loan note of up to $160K issued to sponsor; no interest, payable after business combination.
- Holders of 5,947,466 Class A shares exercised redemption rights in connection with the vote.
- Extension Amendment Proposal passed with 17,169,996 votes for, 186,840 against, 0 abstentions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862993/000110465923102810/0001104659-23-102810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862993/000110465923102810/tm2326402d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-102810

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