secwatch.observer — SEC 8-K summary
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Issuer:     Forest Road Acquisition Corp. II (—)
CIK:        0001840161
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001213900-23-017846
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forest Road Acquisition Corp. II extends deadline to Dec 2023; ~$310M redeemed, trust drops to $45.4M
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- Stockholders approved extension of business combination deadline from March 12, 2023 to December 12, 2023.
- 30,525,396 shares redeemed at ~$10.156 per share, removing ~$310 million from trust account.
- Trust account now holds $45.4 million after redemptions.
- Company issued up to $500,000 promissory note to sponsor for working capital, no interest, due upon business combination or liquidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840161/000121390023017846/0001213900-23-017846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840161/000121390023017846/ea174755-8k_forest2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-017846

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