AACT sponsor to fund monthly trust deposits for extension to Jan 26, 2026; shareholder vote April 22

Kodiak AI, Inc.

Sponsor to deposit $0.02 per outstanding Class A share into trust monthly from April 25, 2025 until deal close or Jan 26, 2026.
Company issues sponsor a non-interest bearing unsecured promissory note for total contributions, repayable at deal close or extension end.
Sponsor to convert 12.5M Class B shares into Class A shares prior to or concurrently with extension approval; conversion shares retain original restrictions.
Shareholder meeting on April 22, 2025 to vote on extension of business combination deadline from April 25, 2025 to January 26, 2026.

item 1.01 item 2.03 item 3.02 item 7.01 item 9.01

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accession 0001193125-25-082209

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