secwatch.observer — SEC 8-K summary
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Issuer:     Berenson Acquisition Corp. I (—)
CIK:        0001869673
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085791
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.07, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berenson Acquisition Corp. I extends deadline to Sept 30, 2023; $253M redeemed, trust drops to $26.6M
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- Stockholders approved extension of business combination deadline from March 30, 2023 to September 30, 2023.
- Holders of 24,899,629 Class A shares redeemed at ~$10.18/share, totaling ~$253.4 million.
- Trust account reduced from $275.1M to approximately $26.6M after redemptions.
- As of March 28, 2023, there are 30,490,000 Class A and 3,897,500 Class B shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869673/000119312523085791/0001193125-23-085791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869673/000119312523085791/d485421d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085791

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer