secwatch.observer — SEC 8-K summary
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Issuer:     Home Plate Acquisition Corp (—)
CIK:        0001863181
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001140361-23-015392
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home Plate Acquisition extends deadline to Oct 4, 2023; ~89% of Class A shares redeemed for ~$181M
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- Stockholders approved extension of business combination deadline from April 4, 2023 to October 4, 2023.
- Amendment allows Class B common stock to convert to Class A on a one-for-one basis prior to closing.
- 17,727,065 Class A shares (approx. 89% of outstanding) redeemed for ~$181.2M ($10.22 per share).
- Trust account reduced from $200M to ~$18.8M after redemptions and expenses.
- Extension and conversion amendments passed with over 18.8M votes for, 459k against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863181/000114036123015392/0001140361-23-015392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863181/000114036123015392/brhc10050678_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-015392

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