---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-041027"
form_type: "8-K"
ticker: null
cik: "0001862327"
company_name: "Infinite Acquisition Corp."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T05:00:47.964459+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Infinite Acquisition shareholders approve extension; sponsor offers up to $1.8M loan; 19.6M shares redeemed

## Summary
- Shareholders approved extension of business combination deadline to September 23, 2023, with up to 14 monthly optional extensions to November 23, 2024.
- Sponsor agreed to loan up to $1.8M via convertible note to fund trust account deposits for extensions; initial $120K drawn.
- Holders of 19,590,635 shares redeemed at ~$10.66/share, totaling ~$208.8M in redemptions.
- Note convertible into working capital warrants at $1.00 per warrant, terms identical to private placement warrants.
- Also approved conversion of Class B shares to Class A and removal of net tangible asset redemption limitation.

## SEC filing metadata
- accession: 0001140361-23-041027
- form_type: 8-K
- cik: 0001862327
- company_name: Infinite Acquisition Corp.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/0001140361-23-041027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/brhc20057859_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-041027
- JSON: https://secwatch.observer/filing/0001140361-23-041027.json
- Plain text: https://secwatch.observer/filing/0001140361-23-041027.txt

## Key facts
- Governance Changes
  Infinite Acquisition Corp.: Amended memorandum and articles of association to extend business combination deadline and allow monthly extensions, add Class B share conversion, and remove redemption limitation (effective 2023-08-22).
  - Change: charter amendment
  - Effective: 2023-08-22
  source text: On August 22, 2023, Infinite held the Extension Meeting to approve an amendment to Infinite’s amended and restated memorandum and articles of association (the “ Articles Amendment ”) (i) to extend the date (the “ Termination Date ”) by which Infinite has to consummate a Business Combination (the “ Articles Extension” ) from August 23, 2023 to September 23, 2023 (the “ Articles Extension Date ”) and to allow Infinite, without another shareholder vote, to elect to extend the Termination Date to consummate a Business Combination on a monthly basis for up to fourteen times by an additional one month each time after the Articles Extension Date, by resolution of Infinite’s board of directors, if requested by the Sponsor, in writing and upon five days’ advance notice prior to the applicable Termination Date, until November 23, 2024 or a total of up to fifteen months after August 23, 2023, unless the closing of a Business Combination shall have occurred prior thereto (the “ Extension Amendment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/0001140361-23-041027-index.htm
- Shareholder Votes
  Infinite Acquisition Corp. shareholders approved Class B Share Proposal at the 2023-08-22 meeting.
  - Outcome: passed
  - Meeting: 2023-08-22
  source text: The voting results for the Class B Share Proposal were as follows: The Class B Share Proposal For Against Abstain 27,335,463 2,262,783 6,944
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/0001140361-23-041027-index.htm
- Shareholder Votes
  Infinite Acquisition Corp. shareholders approved Redemption Limitation Amendment Proposal at the 2023-08-22 meeting.
  - Outcome: passed
  - Meeting: 2023-08-22
  source text: The voting results for the Redemption Limitation Amendment Proposal were as follows: The Redemption Limitation Amendment Proposal For Against Abstain 27,335,463 2,262,783 6,944
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/0001140361-23-041027-index.htm
- Shareholder Votes
  Infinite Acquisition Corp. shareholders approved Extension Amendment Proposal at the 2023-08-22 meeting.
  - Outcome: passed
  - Meeting: 2023-08-22
  source text: The voting results for the Extension Amendment Proposal were as follows: The Extension Amendment Proposal For Against Abstain 22,235,781 7,362,465 6,944
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862327/000114036123041027/0001140361-23-041027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.