---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-070525"
form_type: "8-K"
ticker: null
cik: "0001871745"
company_name: "Direct Selling Acquisition Corp."
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T01:08:42.735225+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# DSAQ shareholders approve deadline extension; $30.1M redemption triggered

## Summary
- Shareholders approved extension of business combination deadline to April 28, 2025, with option to extend monthly until Sept 28, 2025.
- 2.5M shares redeemed at ~$11.876 per share, removing ~$30.1M from trust.
- Quorum of 84.34% voting power; Extension Amendment passed with 6,901,860 for vs 243,353 against.
- Adjournment proposal not presented due to sufficient votes for extension.
- DSAQ still pursuing previously announced business combination with Hunch Mobility (FlyBlade India).

## SEC filing metadata
- accession: 0001193125-25-070525
- form_type: 8-K
- cik: 0001871745
- company_name: Direct Selling Acquisition Corp.
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1871745/000119312525070525/0001193125-25-070525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1871745/000119312525070525/d456791d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-070525
- JSON: https://secwatch.observer/filing/0001193125-25-070525.json
- Plain text: https://secwatch.observer/filing/0001193125-25-070525.txt

## Key facts
- Governance Changes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1871745/000119312525070525/0001193125-25-070525-index.htm

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