secwatch.observer — SEC 8-K summary
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Issuer:     Translational Development Acquisition Corp. (TDAC)
CIK:        0001926599
Form:       8-K
Filed at:   2026-06-18T13:23:42+00:00
Accession:  0001104659-26-075471
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TDAC shareholders approve extension to June 2027; ~$27.8M redeemed at $10.70/share
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- Shareholders approved extending business combination deadline from June 24, 2026 to June 24, 2027 via up to 12 monthly extensions.
- Each monthly extension requires depositing the lesser of $200,000 or $0.03 per outstanding public share into the trust account.
- Holders of 2,598,697 shares exercised redemption rights at ~$10.70/share, totaling ~$27,817,434.
- After redemptions, 14,651,303 public shares remain outstanding; 16,621,609 voted for, 809,296 against on all proposals.
- Trust agreement and charter amendments filed to permit the extension and monthly deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1926599/000110465926075471/0001104659-26-075471-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1926599/000110465926075471/tm2618193d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-075471

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