Shareholders approve extension of Coliseum Acquisition Corp. business combination deadline to June 25, 2024

Coliseum Acquisition Corp.

Shareholders approved extension of business combination deadline to June 25, 2024, with possible further extension to Sept 25, 2024.
Holders of 3,001,840 Class A shares redeemed at ~$10.70/share, leaving ~$30.79M in trust.
Insider will forfeit 455,228 Founder Shares for first extension, plus 151,743 if second extension occurs.
Walter Skowronski and Harry L. You re-elected as Class I directors for three-year terms.

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

Coliseum Acquisition Corp.: Shareholders approved amendments to the Articles to extend the business combination deadline to June 25, 2024, with option to further extend to September 25, 2024, and to permit the Board to elect to wind up operations prior to such date (effective 2023-11-27).

Change: charter amendment
Effective: 2023-11-27

Exact text from the filing

shareholders approved two amendments to the Company’s Amended and Restated Memorandum and Articles of Association (the “Articles”) to (i) extend the date by which the Company has to consummate an initial business combination and (ii) permit the Company’s board of directors (the “Board”) in its sole discretion, to elect to wind up the Company’s operations prior to such date

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Coliseum Acquisition Corp. shareholders approved Re-election of Walter Skowronski and Harry L. You as Class I directors at the 2023-11-27 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-11-27

Exact text from the filing

(iii) the re-election of Walter Skowronski and Harry L. You as Class I directors

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Coliseum Acquisition Corp. shareholders approved Amendment to extend business combination deadline at the 2023-11-27 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-11-27

Exact text from the filing

shareholders voted on and approved three proposals: (i) an amendment to the Articles to extend the date by which the Company has to consummate an initial business combination from November 25, 2023 to June 25, 2024

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Coliseum Acquisition Corp. shareholders approved Amendment to permit board discretion to wind up operations at the 2023-11-27 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-11-27

Exact text from the filing

(ii) an amendment to the Articles to permit the Board, in its sole discretion, to elect to wind up the Company’s operations prior to Extended Date or Additional Extended Date

View on SEC.gov

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Source: SEC EDGAR

accession 0001104659-23-121265

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