secwatch / observer
8-K filed November 17, 2023, 6:59 PM ET CIK 0001823086
other material confidence high sentiment neutral materiality 0.55

Kingswood Acquisition Corp. stockholders approve extension of de-SPAC deadline to Feb 24, 2024

Kingswood Acquisition Corp.

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

Kingswood Acquisition Corp.: Fifth amendment to second amended and restated certificate of incorporation to extend deadline for initial business combination from November 24, 2023 to February 24, 2024 (effective 2023-11-17).

Change
charter amendment
Effective
2023-11-17
Exact text from the filing
On November 17 , 2023, Kingswood Acquisition Corp. (“we”, “us”, “our”, or the “Company”) filed a fifth amendment to the second amended and restated certificate of incorporation of the Company with the Secretary of the State of Delaware (the “Amendment”).
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Kingswood Acquisition Corp. shareholders approved To amend the Company's second amended and restated certificate of incorporation to extend the date by which the Company must complete its initial business combination from November 24, 2023 to February 24, 2024 at the 2023-11-17 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-11-17
Exact text from the filing
Extension Amendment Proposal To consider and vote upon a proposal to amend the Company’s second amended and restated certificate of incorporation as amended (the “Charter”) pursuant to a fourth amendment to the Charter to extend the date (the “Extension”) by which the Company must (1) effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (an “initial business combination”), (2) cease its operations except for the purpose of winding up if it fails to complete such initial business combination and (3) redeem 100% of the Company’s Class A common stock included as part of the units sold in the Company’s initial public offering that was consummated on November 24, 2020, from November 24, 2023 to February 24, 2024 (the “Extension” and such date, the “Extended Date”).
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Source: SEC EDGAR
accession 0001104659-23-119534
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