secwatch.observer — SEC 8-K summary
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Issuer:     Priveterra Acquisition Corp. II (—)
CIK:        0001821606
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0001104659-24-003341
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.01, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Priveterra Acquisition Corp. II gets Nasdaq delisting notice; stockholders approve extension to Oct 2024
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- Nasdaq notified the company of potential delisting for failing to complete a business combination within 36 months of IPO effectiveness.
- Stockholders approved charter amendment extending the combination deadline from Jan 12 to Oct 12, 2024, with monthly trust deposits.
- 595,559 shares redeemed at ~$11.03 per share; trust holds ~$14.6M after redemptions.
- Company intends to request a Nasdaq hearing to stay delisting pending Panel decision.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821606/000110465924003341/0001104659-24-003341-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821606/000110465924003341/tm243176d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-003341

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