Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Direct Selling Acquisition Corp.: Amended certificate of incorporation to extend business combination deadline from March 28, 2025 to April 28, 2025, with option for up to five additional monthly extensions until September 28, 2025 (effective 2025-03-28).
- Change
- charter amendment
- Effective
- 2025-03-28
Exact text from the filing
On March 26, 2025, Direct Selling Acquisition Corp. (“ DSAQ ” or the “ Company ”) held a special meeting of stockholders (the “ Special Meeting ”) to amend DSAQ’s amended and restated certificate of incorporation (the “ Charter ” or the “ Certificate of Incorporation ”) to extend the date by which DSAQ has to consummate a business combination (the “ Charter Extension ”) from March 28, 2025 (the “ Termination Date ”) to April 28, 2025 (the “ Charter Extension Date ”) and to allow DSAQ, without the need for another stockholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to five times by an additional one month each time after the Charter Extension Date, by resolution of DSAQ’s board of directors (the “ Board ”), if requested by DSAC Partners LLC, a Delaware limited liability company (the “ Sponsor ”) upon five days’ advance notice prior to the applicable Termination Date, until September 28, 2025, or a total of up to six mo
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