secwatch.observer — SEC 8-K summary
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Issuer:     Armada Acquisition Corp. I (—)
CIK:        0001844817
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001193125-23-202839
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 5.07, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Armada Acquisition Corp. I shareholders approve charter extension to Sep 2023; ~$12.1M redeemed
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- Stockholders approved extension of business combination deadline from Aug 17 to Sep 17, 2023, with up to five additional monthly extensions until Feb 17, 2024.
- Sponsor provided up to $425,403 unsecured promissory note (non-interest bearing) to fund trust account for extension periods.
- Holders of 1,145,503 public shares redeemed at ~$10.56/share, aggregate ~$12.1M withdrawn from trust.
- Note is convertible into common stock at $10.00 per share upon business combination; repayment only from funds outside trust if no deal.
- 8,149,016 shares voted (88.4% quorum); 8,139,093 for, 9,923 against charter amendment; adjournment proposal not needed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844817/000119312523202839/0001193125-23-202839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844817/000119312523202839/d503005d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-202839

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