---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-012109"
form_type: "8-K/A"
ticker: "ZEO"
cik: "0001865506"
company_name: "Zeo Energy Corp."
filed_at: "2023-01-20T23:59:59+00:00"
generated_at: "2026-06-20T12:40:15.778493+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ESGEN shareholders approve extension; 89% of Class A shares redeemed for ~$255.9M

## Summary
- Shareholders approved extension of business combination deadline from Jan 22, 2023 to Apr 22, 2023.
- Board may extend up to six additional months in one-month increments with sponsor deposits of ~$140K each.
- Holders of 24,703,445 Class A shares (89% of 27.6M outstanding) exercised redemption at ~$10.35 per share.
- Aggregate redemption amount of approximately $255,875,758 was paid from the trust account.
- Trust account balance likely depleted; sponsor must fund extensions if needed to complete a deal.

## SEC filing metadata
- accession: 0001193125-23-012109
- form_type: 8-K/A
- ticker: ZEO
- cik: 0001865506
- company_name: Zeo Energy Corp.
- filed_at: 2023-01-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/0001193125-23-012109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/d427314d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-012109
- JSON: https://secwatch.observer/filing/0001193125-23-012109.json
- Plain text: https://secwatch.observer/filing/0001193125-23-012109.txt

## Key facts
- Governance Changes
  Zeo Energy Corp.: Extended the termination date for business combination from January 22, 2023 to April 22, 2023, and allowed up to six additional monthly extensions upon sponsor deposits (effective 2023-01-18).
  - Change: charter amendment
  - Effective: 2023-01-18
  source text: On January 18, 2023, ESGEN filed the charter amendment with the Registrar of Companies of the Cayman Islands (the “ Charter Amendment ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/0001193125-23-012109-index.htm
- Shareholder Votes
  Zeo Energy Corp. shareholders approved Extension Proposal at the 2023-01-18 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-01-18
  source text: The Extension Proposal For Against Abstain 23,916,803 4,521,588 104,338
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/0001193125-23-012109-index.htm

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