---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-033912"
form_type: "8-K"
ticker: null
cik: "0001831270"
company_name: "Bite Acquisition Corp."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:30:21.768432+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bite Acquisition amends business combination with Above Food, removes sponsor earnout vesting

## Summary
- Removed vesting conditions on 1,100,000 TopCo shares issued to Sponsor at closing; eliminated Sponsor Earnout Shares.
- Earnout EBITDA measurement shifted: FY ending Jan 31, 2025 ($21.2M target) and FY ending Jan 31, 2026 ($32.9M target).
- Earnout share targets: First Tranche at $12.50/share or $21.2M EBITDA; Second Tranche at $15.00/share or $32.9M EBITDA.
- Maximum aggregate earnout shares capped at 6,114,620 TopCo Common Shares.

## SEC filing metadata
- accession: 0001104659-24-033912
- form_type: 8-K
- cik: 0001831270
- company_name: Bite Acquisition Corp.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831270/000110465924033912/0001104659-24-033912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831270/000110465924033912/tm248748d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-033912
- JSON: https://secwatch.observer/filing/0001104659-24-033912.json
- Plain text: https://secwatch.observer/filing/0001104659-24-033912.txt

## Key facts
- Material Agreements
  Bite Acquisition Corp. amended Business Combination Agreement with Above Food Corp. (effective 2024-03-12).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: Above Food Corp.
  - Effective: 2024-03-12
  source text: On March 12, 2024, Bite, Above Food, TopCo and Merger Sub entered into an amendment to the Business Combination Agreement ("Amendment No. 1")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831270/000110465924033912/0001104659-24-033912-index.htm

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