secwatch.observer — SEC 8-K summary
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Issuer:     Direct Selling Acquisition Corp. (—)
CIK:        0001871745
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001193125-25-070525
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DSAQ shareholders approve deadline extension; $30.1M redemption triggered
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1871745/000119312525070525/0001193125-25-070525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1871745/000119312525070525/d456791d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-070525

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