{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-019652","form_type":"8-K","ticker":null,"cik":"0001845368","company_name":"HCM Acquisition Corp","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.176667+00:00","generated_at":"2026-06-16T21:41:26.740258+00:00","sec_items":["1.01","5.07","5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HCMA shareholders approve SPAC extension; 24.7M shares redeemed (~63.5%)","bullets":["Shareholders approved extension of business combination deadline to May 25, 2023 with option for up to eight monthly extensions to Jan 25, 2024.","Shareholders also approved an amended Investment Management Trust Agreement.","24,670,594 ordinary shares redeemed in connection with the extraordinary meeting; redemptions equal ~63.5% of shares outstanding.","Extension requires sponsor to deposit $145,000 per month ($0.035 per public share) into trust for each additional month."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-019652","json":"https://secwatch.observer/filing/0001140361-23-019652.json","markdown":"https://secwatch.observer/filing/0001140361-23-019652.md","text":"https://secwatch.observer/filing/0001140361-23-019652.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/0001140361-23-019652-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/ny20008309x2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:41:26.740258+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d5d93ccf938a4d8b78cc2a2222e48880ca885def","claim":"HCM Acquisition Corp: Amendment to extend business combination deadline from April 25, 2023 to May 25, 2023, with optional monthly extensions up to January 25, 2024 (effective 2023-04-21).","evidence_excerpt":"As approved by its shareholders at the Extraordinary Meeting, HCM amended its amended and restated memorandum and articles of association (the “Extension Amendment”). HCM filed the Extension Amendment with the Registrar of Companies of the Cayman Islands on April 21, 2023. The Extension Amendment changed the date by which HCM must consummate an initial business combination from April 25, 2023 to May 25, 2023, with the option to elect to extend the date to consummate a business combination on a monthly basis for up to eight times by an additional month each time after May 25, 2023, without another shareholder vote, upon two days’ advance notice prior to the applicable deadline, for a total of up to nine months to January 25, 2024, unless the closing of a business combination shall have occurred.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/0001140361-23-019652-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-21"}],"fact_type":"governance_change"},{"claim_id":"e2348218b45e7023d454e44e0f9ebe5d82fd3c2a","claim":"HCM Acquisition Corp amended Amended and Restated Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-04-20).","evidence_excerpt":"On April 20, 2023, as approved by its shareholders at the Extraordinary Meeting (as defined below), HCM Acquisition Corp (“HCM”) and Continental Stock Transfer & Trust Company entered into an Amended and Restated Investment Management Trust Agreement (the “Amended IMTA”). A copy of the Amended IMTA is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/0001140361-23-019652-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Continental Stock Transfer & Trust Company"},{"label":"Effective","value":"2023-04-20"}],"fact_type":"material_agreement"},{"claim_id":"2933be4d8ccf5b40c77b2c07ae46723de036f53a","claim":"HCM Acquisition Corp shareholders approved Approval of Extension Amendment at the 2023-04-19 meeting.","evidence_excerpt":"A proposal by special resolution, by the affirmative vote of the holders of a majority of at least two-thirds (2/3) of HCM’s Ordinary Shares entitled to vote and which are present at the Extraordinary Meeting, to approve the Extension Amendment. 30,402,705 143,358 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/0001140361-23-019652-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-19"}],"fact_type":"shareholder_vote"},{"claim_id":"d4b4f4cccc1a0dc67bb5df7168e777a30ddf97ae","claim":"HCM Acquisition Corp shareholders approved Approval of Amended IMTA at the 2023-04-19 meeting.","evidence_excerpt":"A proposal to approve, by the affirmative vote of at least sixty-five percent (65%) of the outstanding Class A Ordinary Shares and Class B Ordinary Shares, voting together as a single class, the Amended IMTA. 30,402,705 143,358 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845368/000114036123019652/0001140361-23-019652-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-19"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}