secwatch.observer — SEC 8-K summary
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Issuer:     Zeo Energy Corp. (ZEO)
CIK:        0001865506
Form:       8-K/A
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001193125-23-012109
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/0001193125-23-012109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865506/000119312523012109/d427314d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-012109

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