---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-291883"
form_type: "8-K"
ticker: null
cik: "0001848020"
company_name: "Black Mountain Acquisition Corp."
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:05:13.216905+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Black Mountain Acquisition Corp. to redeem public shares at ~$10.76, dissolve after failing to close deal

## Summary
- NYSE notified delisting for failure to maintain $40M market cap; company will not appeal, trading suspended.
- All public shares redeemed on Dec 21, 2023 at ~$10.76 per share from trust account.
- Warrants expire worthless; no redemption or distribution for warrants, founder shares, or sponsor shares.
- Company will cease operations after Dec 21 and file Form 15 to deregister securities.
- Previously, 2,828,980 public shares redeemed at ~$10.66, removing $30.2M from trust.

## SEC filing metadata
- accession: 0001193125-23-291883
- form_type: 8-K
- cik: 0001848020
- company_name: Black Mountain Acquisition Corp.
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848020/000119312523291883/0001193125-23-291883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848020/000119312523291883/d635623d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-291883
- JSON: https://secwatch.observer/filing/0001193125-23-291883.json
- Plain text: https://secwatch.observer/filing/0001193125-23-291883.txt

## Key facts
- Listing & Compliance Notices
  Black Mountain Acquisition Corp. received a nyse delisting notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: ch consisting of one share of Class A Common Stock and three-quarters of one warrant, each exercisable for one share of Class A Common Stock (the “Warrants”), and Warrants, from the NYSE. The Notice indicated that the Staff reached its decision to delist the Company’s securities pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly-held shares over a consecutive 30 trading day perio
  evidence_url: https://www.sec.gov/Archives/edgar/data/1848020/000119312523291883/0001193125-23-291883-index.htm

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