secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak AI, Inc. (KDK)
CIK:        0001853138
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001193125-25-082209
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853138/000119312525082209/0001193125-25-082209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853138/000119312525082209/d944306d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-082209

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