Iris Acquisition Corp extends business combo deadline to June 30, 2025; shareholders approve, ~$673K redeemed

Iris Acquisition Corp

Stockholders approved extension of business combination deadline from Dec 31, 2024 to March 31, 2025 (board may extend to June 30, 2025).
64,453 public shares redeemed at ~$11.44 per share, aggregate ~$672,889; 174,477 public shares remain outstanding.
Seventh amendment to BCA and PIPE subscription agreement extend termination/close dates to June 30, 2025.
All proposals passed unanimously with 7,036,499 shares voted (98.6% of outstanding).

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

Iris Acquisition Corp: Amendment to extend the date by which the company must consummate a business combination to March 31, 2025 (subject to an additional three-month extension at the board's discretion) (effective 2024-12-26).

Change: charter amendment
Effective: 2024-12-26

Exact text from the filing

On December 26, 2024, Iris Acquisition Corp, a Delaware corporation (the “Company”), filed with the Secretary of State of the State of Delaware an amendment to the Company’s amended and restated certificate of incorporation to change the date by which the Company must consummate a business combination to March 31, 2025 (subject to an additional three month extension at the discretion of the Board of Directors of the Company) (the “Extension Amendment”).

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Source: SEC EDGAR

accession 0001104659-24-132126

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