--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-24-000789" form_type: "8-K" ticker: null cik: "0001843370" company_name: "bleuacacia ltd" filed_at: "2024-01-05T23:59:59+00:00" generated_at: "2026-06-07T03:23:35.372573+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # bleuacacia extends business combination deadline to Nov 22, 2024; shareholders approve founder share conversion ## Summary - Shareholders approved extension of termination date from Feb 22, 2024 to Nov 22, 2024 via Articles amendment. - Approximately 928,553 Class A shares redeemed for ~$9.97M (~$10.74/share); ~$7.04M remains in trust account. - Non-redemption agreements with 4 unaffiliated third parties covering 534,929 Class A shares in exchange for 160,479 Class B shares. - Initial shareholders to convert 3,110,000 Class B shares into Class A shares on a one-for-one basis. - Nasdaq deficiency (MVLS < $50M) uncured; 180-day compliance period expired but no delisting notice received yet. ## SEC filing metadata - accession: 0001140361-24-000789 - form_type: 8-K - cik: 0001843370 - company_name: bleuacacia ltd - filed_at: 2024-01-05T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 1.01, 5.03, 3.01, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/ef20018104_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-24-000789 - JSON: https://secwatch.observer/filing/0001140361-24-000789.json - Plain text: https://secwatch.observer/filing/0001140361-24-000789.txt ## Key facts - Listing & Compliance Notices bleuacacia ltd received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(C)). - Exchange: nasdaq - Notice: deficiency notice - Deficiency: market value - Rules: 5450(b)(2)(A), 5810(c)(3)(C) source text: July 5, 2023 from the Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that it was not then in compliance with a continued listing requirement to maintain a minimum Market Value of Listed Securities of $50,000,000, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) and, subject to the Staff’s determination of the Company’s ability to cure such deficiency—either by regaining compliance or by transferring its listed securities to the Nasdaq Capital Market (the “Capital Market”)—within the 180 calendar day compliance period as set forth in Nasdaq Listing evidence_url: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm - Governance Changes bleuacacia ltd: On January 2, 2024, shareholders approved and the Company adopted an amendment to its Amended and Restated Memorandum and Articles of Association to extend the deadline to consummate a business combination from February 22, 2024 to November 22, 2024 (effective 2024-01-02). - Change: charter amendment - Effective: 2024-01-02 source text: On January 2, 2024 bleuacacia held the Shareholder Meeting at which bleuacacia’s shareholders approved proposals to amend bleuacacia’s amended and restated memorandum and articles of association (the “ Memorandum and Articles of Association”) to (i) extend the date (the “Termination Date”) by which bleuacacia has to consummate a business combination (the “Articles Extension”) from February 22, 2024 to November 22, 2024 (the “Articles Extension Date”), or such earlier date as the Company’s board of directors may approve in accordance with the Memorandum and Articles of Association (the “Extension Amendment Proposal”) evidence_url: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm - Material Agreements bleuacacia ltd entered into Non-Redemption Agreement with an unaffiliated third party (effective 2023-01-02). - Action: entry - Counterparty: an unaffiliated third party - Effective: 2023-01-02 source text: On January 2, 2023 bleuacacia ltd (“bleuacacia” or the “Company”) and bleuacacia sponsor LLC, a Cayman Islands limited liability company (the “Sponsor”) entered into a non-redemption agreement (the “Non-Redemption Agreement”) with an unaffiliated third party, pursuant to which such third party agreed not to redeem (or to validly rescind any redemption requests on) an aggregate of 150,000 Class A ordinary shares of the Company (“Non-Redeemed Shares”) in connection with the Extension Amendment Proposal (as defined below in evidence_url: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm - Shareholder Votes bleuacacia ltd shareholders approved Redemption Limitation Amendment Proposal. - Outcome: passed source text: The shareholders approved the Extension Amendment Proposal and the Founder Share Amendment Proposal and the voting results for the proposals were as follows: Extension Amendment Proposal Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 7,679,124 265,665 0 Redemption Limitation Amendment Proposal Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 7,729,029 215,760 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm - Shareholder Votes bleuacacia ltd shareholders approved Extension Amendment Proposal. - Outcome: passed source text: The shareholders approved the Extension Amendment Proposal and the Founder Share Amendment Proposal and the voting results for the proposals were as follows: Extension Amendment Proposal Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 7,679,124 265,665 0 Redemption Limitation Amendment Proposal Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 7,729,029 215,760 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1843370/000114036124000789/0001140361-24-000789-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.