secwatch.observer — SEC 8-K summary
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Issuer:     Bitcoin Depot Inc. (BTM)
CIK:        0001901799
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001193125-23-176466
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSRM SPAC: Special meeting June 28; $36.2M trust after redemptions; $20.75M loan for target
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- Special meeting on June 28, 2023 to vote on business combination with BT OpCo.
- Redemption requests for 3,686,863 shares received; 3,455,156 shares remain outstanding.
- Trust account balance after redemptions: $36,196,214.26 ($10.4760 per share).
- BT OpCo entered $20,750,000 term loan at 17% interest, maturing June 23, 2026.
- Public warrant redemption disclosure in proxy statement replaced with prospectus language.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901799/000119312523176466/0001193125-23-176466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901799/000119312523176466/d506805d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-176466

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