---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-009508"
form_type: "8-K"
ticker: null
cik: "0001892922"
company_name: "Mars Acquisition Corp."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:38:50.523460+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mars Acquisition extends deal deadline to Nov 16, 2024; ~$51.5M redeemed at $10.68/share

## Summary
- Shareholders approved extension of business combination from Feb 16 to Nov 16, 2024.
- Redemption limitation removed; holders of 4,818,568 shares redeemed for ~$10.68 each (~$51.5M total).
- Non-redemption agreements for 1,550,000 shares; investors to receive 310,000 Pubco shares post-deal.
- Votes: Extension Amendment 6,182,470 For, 717,235 Against; Redemption Limitation same.
- Company and Sponsor entered non-redemption agreements with unaffiliated third-party shareholders.

## SEC filing metadata
- accession: 0001104659-24-009508
- form_type: 8-K
- cik: 0001892922
- company_name: Mars Acquisition Corp.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892922/000110465924009508/0001104659-24-009508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892922/000110465924009508/tm244973d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-009508
- JSON: https://secwatch.observer/filing/0001104659-24-009508.json
- Plain text: https://secwatch.observer/filing/0001104659-24-009508.txt

## Key facts
- Governance Changes
  Mars Acquisition Corp.: Amended articles of association to extend business combination deadline to November 16, 2024 and remove the $5,000,001 redemption limitation (effective 2024-01-30).
  - Change: bylaw amendment
  - Effective: 2024-01-30
  source text: to extend the date by which the Company has to consummate a business combination from February 16, 2024 to November 16, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892922/000110465924009508/0001104659-24-009508-index.htm
- Shareholder Votes
  Mars Acquisition Corp. shareholders approved Redemption Limitation Amendment Proposal at the 2024-01-30 meeting.
  - Outcome: passed
  - Meeting: 2024-01-30
  source text: The Redemption Limitation Amendment Proposal For Against Abstain 6,182,470 717,235 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892922/000110465924009508/0001104659-24-009508-index.htm
- Shareholder Votes
  Mars Acquisition Corp. shareholders approved Extension Amendment Proposal at the 2024-01-30 meeting.
  - Outcome: passed
  - Meeting: 2024-01-30
  source text: The Extension Amendment Proposal For Against Abstain 6,182,470 717,235 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892922/000110465924009508/0001104659-24-009508-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
