secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2023-08-31T23:59:59+00:00
Accession:  0001193125-23-226415
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flame Acquisition stockholders approve extension to March 2024; 2.3M shares redeemed
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- Stockholders approved charter amendment to extend business combination deadline from Sept 1, 2023 to March 1, 2024.
- 2,328,063 shares of Class A common stock were redeemed at $10.31 per share, removing ~$24M from the trust account.
- Votes: 11,849,092 for, 481,464 against; quorum of ~78.9% of outstanding common stock was present.
- Extension provides additional time to complete the proposed Sable Offshore business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000119312523226415/0001193125-23-226415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000119312523226415/d550812d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-226415

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