---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-264073"
form_type: "8-K"
ticker: "EMCGF"
cik: "0001869601"
company_name: "Embrace Change Acquisition Corp."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:51:24.669026+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Embrace Change shareholders approve removal of China restriction; 824,682 shares redeemed

## Summary
- Target Amendment Proposal passed by special resolution with 6,155,188 votes for, 122,270 against; removes restriction on China-based business combination.
- Hang Zhou elected director until 2026 annual meeting; 6,155,188 votes for, 122,270 against.
- MaloneBailey, LLP ratified as independent auditor for FY 2023 with same vote tally.
- 824,682 ordinary shares redeemed post-vote, leaving 7,423,175 shares outstanding (10.1% redemption).
- Turnout at Annual General Meeting: 76.11% of 8,138,038 shares entitled to vote.

## SEC filing metadata
- accession: 0001193125-23-264073
- form_type: 8-K
- ticker: EMCGF
- cik: 0001869601
- company_name: Embrace Change Acquisition Corp.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/0001193125-23-264073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/d572927d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-264073
- JSON: https://secwatch.observer/filing/0001193125-23-264073.json
- Plain text: https://secwatch.observer/filing/0001193125-23-264073.txt

## Key facts
- Governance Changes
  Embrace Change Acquisition Corp.: Removed restriction on initial business combination with entities based in China (including Hong Kong and Macau) (effective 2023-10-20).
  - Change: charter amendment
  - Effective: 2023-10-20
  source text: to remove the restriction of the Company to undertake an initial business combination with any entity or business based in, or with its principal or a majority of its business operations (either directly or through any subsidiaries) in, the People’s Republic of China (including Hong Kong and Macau)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/0001193125-23-264073-index.htm
- Shareholder Votes
  Embrace Change Acquisition Corp. shareholders approved Director Proposal at the 2023-09-27 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-09-27
  source text: Director Proposal received the following votes: NOMINEE FOR AGAINST BROKER NON-VOTES Hang Zhou 6,155,188 122,270 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/0001193125-23-264073-index.htm
- Shareholder Votes
  Embrace Change Acquisition Corp. shareholders approved Auditor Proposal at the 2023-09-27 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-09-27
  source text: Auditor Proposal received the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 6,155,188 122,270 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/0001193125-23-264073-index.htm
- Shareholder Votes
  Embrace Change Acquisition Corp. shareholders approved Target Amendment Proposal at the 2023-09-27 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-09-27
  source text: Target Amendment Proposal received the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 6,155,188 122,270 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869601/000119312523264073/0001193125-23-264073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.