8-K/A
filed April 11, 2023, 7:59 PM ET
CIK 0001863181
other material
confidence high
sentiment negative
materiality 0.85
Home Plate Acquisition extends deadline to Oct 2023; ~71% of Class A shares redeemed at $10.19
Home Plate Acquisition Corp
- Stockholders approved extension of business combination deadline from April 4, 2023 to October 4, 2023.
- 17,727,065 Class A shares redeemed at ~$10.19 per share, withdrawing ~$180.6M from trust account.
- Class B common stock holders granted right to convert to Class A on a one-for-one basis pre-combination.
- Investment Management Trust Agreement amended to reflect the extension; charter amendment filed.
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
Home Plate Acquisition Corp: The company amended its charter to extend the business combination deadline to October 4, 2023 and provide conversion rights for Class B common stock (effective 2023-04-04).
- Change
- charter amendment
- Effective
- 2023-04-04
Exact text from the filing
As approved by its stockholders at the Special Meeting, the Company filed an amendment (the “Extension Amendment”) to the Company’s Amended and Restated Certificate of Incorporation (the “A&R Charter”) with the Secretary of State of the State of Delaware. The Extension Amendment (i) extends the date by which the Company must consummate its initial business combination from April 4, 2023 to October 4, 2023 and (ii) provides holders of the Company’s Class B common stock, par value $0.0001 per share (“Class B Common Stock”) the right to convert any and all of their Class B Common Stock into the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock” and, together with the Class B Common Stock, the “Common Stock”) on a one-for-one basis prior to the closing of a business combination at the election of the holder.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Home Plate Acquisition Corp amended Amendment No. 1 to the Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-03-30).
- Action
- amendment
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2023-03-30
Exact text from the filing
As approved by its stockholders at the special meeting of stockholders held on March 30, 2023 (the “Special Meeting”), Home Plate Acquisition Corporation, a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company entered into Amendment No. 1 (the “IMTA Amendment”) to the Investment Management Trust Agreement, dated as of September 29, 2021 (the “IMTA”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Home Plate Acquisition Corp shareholders approved To approve and amend the IMTA allowing the Company to extend the period of time required to consummate a business combination from April 4, 2023 to October 4, 2023. at the 2023-03-30 meeting.
- Proposal
- merger approval
- Outcome
- passed
- Meeting
- 2023-03-30
Exact text from the filing
The Trust Amendment Proposal – To approve and amend the IMTA allowing the Company to extend the period of time required to consummate a business combination from April 4, 2023 to October 4, 2023. For Against Abstain 18,879,171 459,003 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Home Plate Acquisition Corp shareholders approved To approve and amend the A&R Charter to extend the date by which the Company must consummate a business combination from April 4, 2023 to October 4, 2023. at the 2023-03-30 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-03-30
Exact text from the filing
The Extension Amendment Proposal – To approve and amend the A&R Charter to extend the date by which the Company must consummate a business combination from April 4, 2023 to October 4, 2023. For Against Abstain 18,879,171 459,003 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Home Plate Acquisition Corp shareholders approved To approve and amend the A&R Charter to provide holders of Class B Common Stock the right to convert any and all of their Class B Common Stock into Class A Common Stock on a one-for-one basis prior to the closing of a business combination at the election of the holder. at the 2023-03-30 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-03-30
Exact text from the filing
The Founder Share Amendment Proposal – To approve and amend the A&R Charter to provide holders of Class B Common Stock the right to convert any and all of their Class B Common Stock into Class A Common Stock on a one-for-one basis prior to the closing of a business combination at the election of the holder. For Against Abstain 18,878,168 459,003 1,003
View on SEC.gov
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