{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-280755","form_type":"8-K","ticker":null,"cik":"0001848020","company_name":"Black Mountain Acquisition Corp.","filed_at":"2023-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.022002+00:00","generated_at":"2026-06-07T23:31:48.254369+00:00","sec_items":["1.01","5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BMAC shareholders approve extension to May 2024; ~3.06M shares redeemed for $32.5M","bullets":["Stockholders approved charter amendment allowing up to six monthly extensions without additional trust deposits, now extendable to May 18, 2024.","Board immediately elected first one-month extension, moving deadline from Nov 18, 2023 to Dec 18, 2023.","Non-redemption agreements: investors agreed not to redeem 1,946,932 public shares in exchange for up to 608,416 founder shares from sponsor.","Approximately 3,055,729 public shares redeemed for ~$32.5M ($10.64 per share) from trust account.","Extension allows BMAC to continue pursuing initial business combination without depositing additional funds."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-280755","json":"https://secwatch.observer/filing/0001193125-23-280755.json","markdown":"https://secwatch.observer/filing/0001193125-23-280755.md","text":"https://secwatch.observer/filing/0001193125-23-280755.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/0001193125-23-280755-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/d415564d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:31:48.254369+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"48b2d5245d1dc33788588e5ede3eb4b3d8588ea5","claim":"Black Mountain Acquisition Corp.: Amended charter to allow board to elect monthly extensions (up to six one-month periods) to consummate a business combination without additional trust deposits (effective 2023-11-17).","evidence_excerpt":"the Company filed the Third Amended and Restated Charter (the “Amended Charter”) with the Secretary of State of the State of Delaware on November 17, 2023 in order to implement the Monthly Extension Option.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/0001193125-23-280755-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-11-17"}],"fact_type":"governance_change"},{"claim_id":"3d48f3411747c04a40eeec2670cf186d48512467","claim":"Black Mountain Acquisition Corp. shareholders approved The Adjournment Proposal to adjourn the Special Meeting to a later date if necessary to permit further solicitation and vote of proxies. at the 2023-11-17 meeting.","evidence_excerpt":"The stockholders approved the adjournment of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are insufficient shares of common stock in the capital of the Company represented to constitute a quorum necessary to conduct business at the Special Meeting or at the time of the Special Meeting to approve the Extension Amendment Proposal and the Trust Amendment Proposal.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/0001193125-23-280755-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-17"}],"fact_type":"shareholder_vote"},{"claim_id":"a0b09cd74e9beaf1253d36a375643239da08060e","claim":"Black Mountain Acquisition Corp. shareholders approved The Extension Amendment Proposal to allow the board to elect to extend the deadline date up to six times for an additional one month each time without depositing additional funds into the trust account. at the 2023-11-17 meeting.","evidence_excerpt":"The stockholders approved and adopted the Amended Charter to allow the Company's board of directors (the \"Board\"), without another stockholder vote, to elect to extend the date by which the Company has to consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or more businesses or entities (such date, the \"Deadline Date\") up to six times for an additional one month each time (the \"Monthly Extension Option\" and each monthly extension, an \"Extension Period\") without depositing any additional funds into the trust account (the \"Trust Account\") established in connection with the Company's initial public offering (the \"IPO\" and such proposal, the \"Extension Amendment Proposal\").","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/0001193125-23-280755-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-17"}],"fact_type":"shareholder_vote"},{"claim_id":"cff8647c7ba81ffd99c36c43ba1187c967541f53","claim":"Black Mountain Acquisition Corp. shareholders approved The Trust Amendment Proposal to adopt the Second A&R IMTA to reflect the Monthly Extension Option. at the 2023-11-17 meeting.","evidence_excerpt":"The stockholders approved and adopted the Second A&R IMTA to reflect the Monthly Extension Option (the \"Trust Amendment Proposal\").","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848020/000119312523280755/0001193125-23-280755-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-11-17"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}