---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-020794"
form_type: "8-K"
ticker: "CPTKW"
cik: "0001827899"
company_name: "Crown PropTech Acquisitions"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:04:08.760383+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crown PropTech enters non-redemption pacts; seeks extension of business combination deadline to Feb 2024

## Summary
- Entered non-redemption agreements with investors assigning up to 150,000 Class B shares for agreeing not to redeem public shares.
- Extraordinary General Meeting scheduled Feb 7, 2023 to vote on extending deadline from Feb 11, 2023 to Feb 11, 2024.
- Shareholders may request cash redemption for public shares until 5:00 p.m. ET on Feb 3, 2023.
- Press release issued Jan 30, 2023 announcing meeting and extension proposal.

## SEC filing metadata
- accession: 0001193125-23-020794
- form_type: 8-K
- ticker: CPTKW
- cik: 0001827899
- company_name: Crown PropTech Acquisitions
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827899/000119312523020794/0001193125-23-020794-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827899/000119312523020794/d398078d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-020794
- JSON: https://secwatch.observer/filing/0001193125-23-020794.json
- Plain text: https://secwatch.observer/filing/0001193125-23-020794.txt

## Key facts
- Material Agreements
  Crown PropTech Acquisitions entered into Non-Redemption Agreements with certain investors and CIIG Management III LLC valued at up to 150,000 Class B ordinary shares assigned to investors in exchange for agreement not to redeem (effective 2023-01-31).
  - Action: entry
  - Counterparty: certain investors and CIIG Management III LLC
  - Value: up to 150,000 Class B ordinary shares assigned to investors in exchange for agreement not to redeem
  - Effective: 2023-01-31
  source text: On January 31, 2023, Crown PropTech Acquisitions, a Cayman Islands exempted company (the “Company”), and CIIG Management III LLC (“CIIG Management”), the Company’s co-sponsor, entered into certain non-redemption agreements and assignments of economic interests (the “Non-Redemption Agreements”) with certain investors (the “Investors”) and expect to enter into additional Non-Redemption Agreements prior to the February 7, 2023 Extraordinary General Meeting of shareholders called by the Company (the “Extraordinary General Meeting”) to approve an extension of time for the Company to consummate an initial business combination from February 11, 2023 to February 11, 2024 (the “Extension Proposal”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827899/000119312523020794/0001193125-23-020794-index.htm

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