other material
confidence high
sentiment neutral
materiality 0.50
UY Scuti Acquisition Corp. adjourns EGM to Mar 25; revises extension terms to lesser of $240K or $0.10/share
UY Scuti Acquisition Corp.
- Extraordinary General Meeting adjourned to March 25, 2026 at 11:00 a.m. ET to allow more time to solicit proxies.
- Shareholder redemption deadline extended to March 23, 2026; prior proxies remain valid.
- For each extension period, sponsor to deposit lesser of $240,000 or $0.10 per remaining Public Share into trust.
- Charter amendment proposed to allow up to four 3-month extensions, with final deadline April 1, 2027.
- Trust agreement amendment revised accordingly; full text of amended resolution provided.