secwatch.observer — SEC 8-K summary
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Issuer:     XBP Global Holdings, Inc. (XBP)
CIK:        0001839530
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0001213900-22-060676
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Acquisition Corp. VIII extends deal deadline to Mar 16, 2023; $196M redeemed by stockholders
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- Stockholders approved extension of business combination deadline from Sep 30, 2022 to Mar 16, 2023.
- Sponsor loaned $976,832 via non-interest promissory note ($0.33 per non-redeemed public share) deposited into trust.
- 19,159,975 public shares redeemed at ~$10.24/share, removing ~$196.1 million from trust account.
- Following redemptions, only 2,960,098 public shares remain outstanding.
- Note repayable upon business combination or liquidation; sponsor waived any claim against trust account.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839530/000121390022060676/0001213900-22-060676-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839530/000121390022060676/ea166575-8k_cfacquisi8.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-060676

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