AltEnergy shareholders approve one-year extension; 21.4M shares redeemed for $222M

AltEnergy Acquisition Corp

Extension approved: deadline to complete initial business combination extended from May 2, 2023 to May 2, 2024.
21,422,522 Class A shares redeemed for ~$222.4M ($10.38 per share) from trust account.
Approximately 89% of outstanding shares were present; 22,260,296 for, 3,303,997 against, 1,000 abstain.
Amendment to certificate of incorporation filed with Delaware on April 28, 2023.
Adjournment proposal not needed as Extension Proposal had sufficient votes.

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: Filed amendment to extend date to consummate initial business combination from May 2, 2023 to May 2, 2024 (effective 2023-04-28).

Change: charter amendment
Effective: 2023-04-28

Exact text from the filing

On April 28, 2023, to effectuate the Extension, the Company filed the Amendment with the Secretary of State of the State of Delaware.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AltEnergy Acquisition Corp shareholders approved Approval of amendment to extend the date to consummate a business combination from May 2, 2023 to May 2, 2024 at the 2023-04-28 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-04-28

Exact text from the filing

The Company’s stockholders approved the proposal to file an amendment to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware (the “ Amendment ”) to extend the date from May 2, 2023, to May 2, 2024

View on SEC.gov

42 governance changes filed in the last 30 days. Browse all governance changes →

AltEnergy Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-127635

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