secwatch.observer — SEC 8-K summary
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Issuer:     Berenson Acquisition Corp. I (—)
CIK:        0001869673
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001193125-23-247351
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 5.03, 2.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berenson Acquisition Corp. I extends deadline to September 2024, sees $16.1M redemptions, issues $750K sponsor note
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- Stockholders approved charter extension from Sept 30, 2023 to Sept 30, 2024 or earlier board date.
- 1,544,903 shares redeemed at ~$10.40/share for ~$16.1M; trust account reduced to ~$11.1M.
- As of Sept 26, 2023: 1,065,468 Class A shares and 3,897,500 Class B shares outstanding.
- Issued unsecured promissory note up to $750K to sponsor Berenson SPAC Holdings I, LLC, payable upon business combination, no interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869673/000119312523247351/0001193125-23-247351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869673/000119312523247351/d548139d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-247351

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