--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-258476" form_type: "8-K" ticker: null cik: "0001824153" company_name: "Leo Holdings Corp. II" filed_at: "2023-10-18T23:59:59+00:00" generated_at: "2026-06-09T21:57:18.284590+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Leo Holdings shareholders approve extension to Oct 2024; sponsor provides up to $2.88M loan ## Summary - Shareholders approved extending deadline from Oct 12, 2023 to Nov 12, 2023, plus up to 11 monthly extensions through Oct 12, 2024. - Sponsor loaned $240K initial, up to $2.64M additional in monthly installments for trust; note is unsecured, non-interest bearing. - Up to $1.5M of note convertible into warrants at $1.50/warrant, identical to private placement warrants issued at IPO. - Holders of 586,767 Class A shares redeemed at ~$10.88/share for aggregate ~$6.39M. - Voting: 12,263,621 for, 100 against on both proposals; quorum of 87.9% of voting power. ## SEC filing metadata - accession: 0001193125-23-258476 - form_type: 8-K - cik: 0001824153 - company_name: Leo Holdings Corp. II - filed_at: 2023-10-18T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 2.03, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/0001193125-23-258476-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/d358883d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-258476 - JSON: https://secwatch.observer/filing/0001193125-23-258476.json - Plain text: https://secwatch.observer/filing/0001193125-23-258476.txt ## Key facts - Debt Financings Leo Holdings Corp. II incurred loan of up to $2,880,000 with Leo Investors II Limited Partnership at does not bear interest maturing upon closing of the Company’s initial business combination. - Instrument: loan - Principal: up to $2,880,000 - Counterparty: Leo Investors II Limited Partnership - Rate: does not bear interest - Maturity: upon closing of the Company’s initial business combination - Event: incurrence source text: on October 16, 2023, the Company issued an unsecured promissory note in the total principal amount of up to $2,880,000 (the “Promissory Note”) to the Sponsor and the Sponsor has funded the initial principal amount of $240,000. The Promissory Note does not bear interest and matures upon closing of the Company’s initial business combination. evidence_url: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/0001193125-23-258476-index.htm - Governance Changes Leo Holdings Corp. II: Amended memorandum and articles to extend business combination deadline from October 12, 2023 to up to October 12, 2024, on a monthly basis, and to remove the redemption limitation on net tangible assets (effective 2023-10-12). - Change: charter amendment - Effective: 2023-10-12 source text: On October 12, 2023, Leo held the Extension Meeting, to amend Leo’s memorandum and articles of association (the “Articles Amendment”) to (i) extend the date (the “Termination Date”) by which Leo has to consummate a business combination from October 12, 2023 (the “Original Termination Date”) to November 12, 2023 (the “Articles Extension Date”) and to allow Leo, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to eleven times by an additional one month each time after the Articles Extension Date, by resolution of Leo’s board of directors if requested by Leo Investors II Limited Partnership, a Cayman Islands exempted limited partnership, and upon five days’ advance notice prior to the applicable deadlines, until October 12, 2024, or a total of up to twelve months after the Original Termination Date, unless the closing of an initial business combination shall have occurred prior thereto (the “Extension evidence_url: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/0001193125-23-258476-index.htm - Shareholder Votes Leo Holdings Corp. II shareholders approved Redemption Limitation Amendment Proposal at the 2023-10-12 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-10-12 source text: The Redemption Limitation Amendment Proposal For Against Abstain 12,263,621 100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/0001193125-23-258476-index.htm - Shareholder Votes Leo Holdings Corp. II shareholders approved Extension Amendment Proposal at the 2023-10-12 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-10-12 source text: The Extension Amendment Proposal For Against Abstain 12,263,621 100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1824153/000119312523258476/0001193125-23-258476-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.