---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-025897"
form_type: "8-K"
ticker: null
cik: "0001873441"
company_name: "Blockchain Coinvestors Acquisition Corp. I"
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:14:15.260233+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# BCSA shareholders approve extension to Nov 15, 2023; $273M redeemed from trust

## Summary
- Shareholders approved amendment to extend business combination deadline from May 15 to November 15, 2023.
- Holders of 26,406,729 Class A shares redeemed at ~$10.34/share, total ~$273.0M removed from trust.
- After redemption, 4,915,271 Class A shares remain outstanding; trust balance drops to ~$38.5M.
- Vote results: 36,589,148 for, 111,149 against, 10 abstentions; quorum of 88.82% achieved.
- Adjournment proposal not presented as extension proposal passed.

## SEC filing metadata
- accession: 0001193125-23-025897
- form_type: 8-K
- cik: 0001873441
- company_name: Blockchain Coinvestors Acquisition Corp. I
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873441/000119312523025897/0001193125-23-025897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873441/000119312523025897/d443780d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-025897
- JSON: https://secwatch.observer/filing/0001193125-23-025897.json
- Plain text: https://secwatch.observer/filing/0001193125-23-025897.txt

## Key facts
- Governance Changes
  Blockchain Coinvestors Acquisition Corp. I: Extended the deadline to consummate a business combination from May 15, 2023 to November 15, 2023 (effective 2023-02-03).
  - Change: charter amendment
  - Effective: 2023-02-03
  source text: to amend BCSA’s amended and restated memorandum and articles of association (the “ Memorandum and Articles of Association ”) to extend the date by which BCSA has to consummate a business combination from May 15, 2023 to November 15, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873441/000119312523025897/0001193125-23-025897-index.htm
- Shareholder Votes
  Blockchain Coinvestors Acquisition Corp. I shareholders approved Extension Amendment Proposal.
  - Outcome: passed
  source text: The shareholders approved the Extension Amendment Proposal and the voting results for the proposal were as follows: Extension Amendment Proposal Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 36,589,148 111,149 10
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873441/000119312523025897/0001193125-23-025897-index.htm

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