secwatch.observer — SEC 8-K summary
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Issuer:     Altitude Acquisition Corp. (—)
CIK:        0001822366
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001193125-23-292723
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 5.07, 3.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altitude Acquisition Corp. extends deadline to March 2024; faces Nasdaq delisting notice
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- Stockholders approved extension of business combination deadline from Dec 11, 2023 to up to March 11, 2024.
- Non-redemption agreement with holder of 371,384 shares; sponsor to forfeit up to 11,139 shares in exchange.
- Redemptions of 359,190 shares at ~$10.30/share totaling ~$3.7M; trust account now ~$10.1M.
- Nasdaq gave delisting notice for failing to complete business combination within 36 months; company requests hearing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822366/000119312523292723/0001193125-23-292723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822366/000119312523292723/d618143d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-292723

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