Corner Growth Acquisition Corp. 2 shareholders approve extension to Dec 31, 2024; $16.3M redeemed

CORNER GROWTH ACQUISITION CORP. 2

78.8% of shares voted; extension approved 4,987,125 for, 123,981 against, 5 abstain.
Redemption limitation eliminating $5M net tangible asset floor was approved 4,998,205 for, 112,906 against.
1,407,653 Class A shares redeemed at ~$11.55 each; trust account reduces to ~$5.23M.
Company now has until December 31, 2024 to consummate a business combination.

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

CORNER GROWTH ACQUISITION CORP. 2: Amended articles to extend business combination deadline to December 31, 2024 and eliminate the $5,000,001 net tangible asset redemption limitation (effective 2024-03-08).

Change: charter amendment
Effective: 2024-03-08

Exact text from the filing

On March 8, 2024, Corner Growth Acquisition Corp. 2 (the "Company") held an Extraordinary General Meeting (the "Extraordinary General Meeting"), and in connection therewith the Company will fill with the Registrar of Companies of the Cayman Islands ("Registrar") an amendment (the "Amendment") to its Amended and Restated Memorandum and Articles of Association (the "Articles") to (i) extend the date that the Company has to consummate a business combination from March 21, 2024 to December 31, 2024 (the "Extended Date") or such earlier date as shall be determined by the Company's board of directors (the "Board") and (ii) eliminate from the Articles the limitation that the Company shall not redeem Class A Ordinary Shares included as part of the units sold in the IPO to the extent that such redemption would cause the Company's net tangible assets to be less than $5,000,001.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

CORNER GROWTH ACQUISITION CORP. 2 shareholders approved Redemption Limitation Amendment Proposal.

Outcome: passed

Exact text from the filing

Approval of Proposal 2—Redemption Limitation Amendment Proposal Votes For Votes Against Abstentions 4,998,205 112,906 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

CORNER GROWTH ACQUISITION CORP. 2 shareholders approved Extension Proposal.

Outcome: passed

Exact text from the filing

Approval of Proposal 1—Extension Proposal Votes For Votes Against Abstentions 4,987,125 123,981 5

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0001104659-24-033257

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.