AltEnergy Acquisition Corp corrects charter scrivener's errors in redemption and conversion provisions

AltEnergy Acquisition Corp

Filed Certificate of Correction to fix omitted redemption rights for common stock holders upon business combination or failure to complete within 18 months.
Corrected inaccurate description of Class B common stock conversion rights in the Restated Certificate.
Corrections effective retroactively to October 28, 2021, matching terms already described in IPO registration statement.
All corrected provisions had been previously authorized and disclosed; no change to economic terms.

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

AltEnergy Acquisition Corp: Corrected scrivener’s errors in the Amended and Restated Certificate of Incorporation: omitted a provision for redemption rights related to business combination completion or failure, and incorrectly described conversion rights of Class B Common Stock (effective 2021-10-28).

Change: charter amendment
Effective: 2021-10-28

Exact text from the filing

Specifically, the Restated Certificate: (i) erroneously omitted a provision that provided the holders of shares of common stock included as part of the units sold in the Offering, or in the secondary market following the Offering, redemption rights in connection with (1) the completion of the Company’s initial business combination or (2) the Company’s failure to complete an initial business combinations within eighteen months of the closing of the IPO; and (ii) incorrectly described the conversion rights of the Company’s Class B Common Stock.

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Source: SEC EDGAR

accession 0001193125-23-079040

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