secwatch / observer
8-K filed January 18, 2023, 6:59 PM ET ticker ZEO CIK 0001865506
other material confidence high sentiment negative materiality 0.90

ESGEN shareholders approve extension to April 22, 2023; ~88.5% of public shares redeemed for ~$254M

Zeo Energy Corp.

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 0.95

Zeo Energy Corp.: The company amended its memorandum and articles of association to extend the deadline to complete a business combination from January 22, 2023, to April 22, 2023, with provisions for up to six additional monthly extensions if the sponsor deposits funds into the trust account (effective 2023-01-18).

Change
charter amendment
Effective
2023-01-18
Exact text from the filing
On January 18, 2023, ESGEN Acquisition Corporation (“ ESGEN ” or the “ Company ”) held an extraordinary general meeting of shareholders (the “ Meeting ”), to consider and vote upon a proposal to amend, by special resolution, the Company’s amended and restated memorandum and articles of association (the “ Extension Proposal ”) to: (i) extend from January 22, 2023 to April 22, 2023 (the “ Extended Date ”), the date (the “ Termination Date ”) by which, if the Company has not consummated a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving one or more businesses or entities, the Company must: (a) cease all operations except for the purpose of winding up; (b) as promptly as reasonably possible but not more than ten business days thereafter, redeem the shares sold in the Company’s initial public offering (the “ Public Shares ”) (in a redemption that will completely extinguish the rights of the owners of the Public
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Zeo Energy Corp. shareholders approved Extension Proposal at the 2023-01-18 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-01-18
Exact text from the filing
The voting results for the Extension Proposal was as follows: The Extension Proposal For Against Abstain 23,916,803 4,521,588 104,338
View on SEC.gov

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Zeo Energy Corp. filing history →

Source: SEC EDGAR
accession 0001193125-23-010285
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