secwatch.observer — SEC 8-K summary
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Issuer:     Chain Bridge I (CBRRF)
CIK:        0001845149
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001104659-24-117244
Event type: regulatory
Sentiment:  negative
Materiality: 1.00
Item codes: 1.01, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chain Bridge I receives Nasdaq delisting notice for failing to complete business combination by Nov 4, 2024
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- Nasdaq delisting notice received Nov 12; trading suspension effective at open on Nov 19, 2024.
- SPAC failed to complete initial business combination within 36 months of IPO effective date.
- Redemption deadline Nov 12 at ~$11.49/share; closing price $11.90; liquidity warning issued.
- Extraordinary general meeting set for Nov 14; non-redemption agreement amended to allow backstop purchases until meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845149/000110465924117244/0001104659-24-117244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845149/000110465924117244/tm2428295d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-117244

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer