secwatch / observer
8-K filed February 9, 2023, 6:59 PM ET ticker CPTKW CIK 0001827899
other material confidence high sentiment negative materiality 0.80

Crown PropTech shareholders approve extension to Feb 2024; 23.4M shares redeemed

Crown PropTech Acquisitions

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 0.9

Crown PropTech Acquisitions: Amended and restated the Amended and Restated Memorandum and Articles of Association to extend the deadline to complete a business combination from February 11, 2023 to February 11, 2024 (effective 2023-02-09).

Change
charter amendment
Effective
2023-02-09
Exact text from the filing
the Company’s Amended and Restated Memorandum and Articles of Association (the “Amended Charter”) to extend the date by which the Company must (1) consummate a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination (an “initial business combination”), (2) cease all operations except for the purpose of winding up if it fails to complete such initial business combination, and (3) redeem all of the Class A Ordinary Shares included as part of the units sold in the Company’s initial public offering that was consummated on February 11, 2021, from February 11, 2023 to February 11, 2024
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Crown PropTech Acquisitions shareholders approved Amend and restate the Amended and Restated Memorandum and Articles of Association to extend the date by which the Company must consummate an initial business combination from February 11, 2023 to February 11, 2024 at the 2023-02-09 meeting.

Proposal
merger approval
Outcome
passed
Meeting
2023-02-09
Exact text from the filing
The shareholders approved, by special resolution, the proposal to amend and restate the Company’s Amended and Restated Memorandum and Articles of Association (the “Amended Charter”) to extend the date by which the Company must (1) consummate a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination (an “initial business combination”), (2) cease all operations except for the purpose of winding up if it fails to complete such initial business combination, and (3) redeem all of the Class A Ordinary Shares included as part of the units sold in the Company’s initial public offering that was consummated on February 11, 2021, from February 11, 2023 to February 11, 2024 (the “Extension Proposal”).
View on SEC.gov

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Crown PropTech Acquisitions filing history →

Source: SEC EDGAR
accession 0001193125-23-030399
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