8-K
filed March 9, 2023, 6:59 PM ET
CIK 0001842916
other material
confidence high
sentiment negative
materiality 0.75
Forum Merger IV extends business combination deadline to April 22; 81% of public shares redeemed
Forum Merger IV Corp
- Stockholders approved extension of deadline to April 22, 2023, with option for monthly extensions through Nov 22, 2023.
- 81.07% of public shares redeemed, leaving approx. $64.6 million in trust account.
- Amendments approved: founder share conversion (1:1 to Class A), removal of net tangible asset redemption limit, early liquidation by board.
- Elected Neil Goldberg, Richard Katzman, Steven Berns as Class I directors until 2024 annual meeting.
- Approved removal of redemption limitation that previously restricted redemptions below $5,000,001 net tangible assets.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Forum Merger IV Corp: Amended charter to extend business combination deadline from March 22, 2023 to April 22, 2023, with up to seven monthly extensions to November 22, 2023; provide Class B conversion rights; delete net tangible assets redemption limitation; and permit the board to wind up operations earlier (effective 2023-03-08).
- Change
- charter amendment
- Effective
- 2023-03-08
Exact text from the filing
On March 8, 2023, Forum Merger IV Corporation (the “ Company ”) filed with the Secretary of State of the State of Delaware an amendment (the “ Charter Amendment ”) to the Company’s amended and restated certificate of incorporation.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Forum Merger IV Corp shareholders approved To approve and adopt the Liquidation Amendment at the 2023-03-07 meeting.
- Outcome
- passed
- Meeting
- 2023-03-07
Exact text from the filing
To approve and adopt the Liquidation Amendment. Votes For Votes Against Abstentions Broker Non-Votes 33,764,466 984,699 0 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Forum Merger IV Corp shareholders approved To elect Neil Goldberg, Richard Katzman and Steven Berns to serve as Class I directors at the 2023-03-07 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-03-07
Exact text from the filing
To elect Neil Goldberg, Richard Katzman and Steven Berns to serve as Class I directors on the Board until the 2024 annual meeting of stockholders or until his successor is elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Neil Goldberg 28,351,387 6,397,778 N/A Richard Katzman 30,231,321 4,517,844 N/A Steven Berns 30,231,321 4,517,844 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Forum Merger IV Corp shareholders approved To approve and adopt the Redemption Limitation Amendment at the 2023-03-07 meeting.
- Outcome
- passed
- Meeting
- 2023-03-07
Exact text from the filing
To approve and adopt the Redemption Limitation Amendment. Votes For Votes Against Abstentions Broker Non-Votes 33,762,214 108,093 878,858 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.4
Forum Merger IV Corp shareholders voted on To approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate at the 2023-03-07 meeting.
- Meeting
- 2023-03-07
Exact text from the filing
To approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Amendment Proposal, the Founder Share Amendment Proposal, the Redemption Limitation Amendment Proposal and the Liquidation Amendment Proposal. Votes For Votes Against Abstentions Broker Non-Votes 33,747,360 122,947 878,858 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Forum Merger IV Corp shareholders approved To approve and adopt the Extension Amendment at the 2023-03-07 meeting.
- Outcome
- passed
- Meeting
- 2023-03-07
Exact text from the filing
To approve and adopt the Extension Amendment. Votes For Votes Against Abstentions Broker Non-Votes 33,616,925 1,132,240 0 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Forum Merger IV Corp shareholders approved To approve and adopt the Founder Share Amendment at the 2023-03-07 meeting.
- Outcome
- passed
- Meeting
- 2023-03-07
Exact text from the filing
To approve and adopt the Founder Share Amendment. Votes For Votes Against Abstentions Broker Non-Votes 33,762,214 108,093 878,858 N/A
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.