CF Acquisition VIII stockholders approve extension to Sept 30, 2022; 2.88M shares redeemed for $28.8M

XBP Global Holdings, Inc.

Stockholders voted 23,435,997 for, 38,845 against; 2,879,927 shares redeemed at $10.00/share, removing $28.8M from trust.
Company issued $4,424,014.60 promissory note to sponsor CFAC Holdings VIII at $0.20 per unredeemed share to fund extension.
Note bears no interest, payable upon earlier of business combination or liquidation; deposited into trust account.
Extension amendment filed with Delaware; deadline moved from March 16, 2022 to September 30, 2022.

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