AltEnergy stockholders approve SPAC extension to Nov 2024; 839K shares redeemed at $11.33

AltEnergy Acquisition Corp

84.8% quorum at April 16 special meeting; 6,177,170 voted for extension, 37,596 against.
Extension extends deadline to May 2, 2025 via up to six monthly one-month extensions.
Redemption limitation eliminated; 839,332 Class A shares redeemed for ~$9.5M trust withdrawal ($11.33/share).
Trust account balance reduced by $9,513,006.70; remaining shares continue to seek initial business combination.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AltEnergy Acquisition Corp shareholders approved Eliminate limitation that Company shall not redeem Class A shares if redemption would cause net tangible assets to be less than $5,000,001 at the 2024-04-16 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2024-04-16

Exact text from the filing

The voting results for such proposal were as follows: For Against Abstain 6,214,763 3 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AltEnergy Acquisition Corp shareholders approved Extend deadline for initial business combination from May 2, 2024 to November 2, 2024 and allow further extensions up to May 2, 2025 at the 2024-04-16 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2024-04-16

Exact text from the filing

The voting results for such proposal were as follows: For Against Abstain 6,177,170 37,596 0

View on SEC.gov

220 shareholder votes filed in the last 30 days. Browse all shareholder votes →

AltEnergy Acquisition Corp filing history →

Source: SEC EDGAR

accession 0001193125-24-105077

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.