secwatch / observer
8-K filed March 10, 2023, 6:59 PM ET CIK 0001839824
other material confidence high sentiment neutral materiality 0.65

FAST Acquisition Corp. II extends business combination deadline to June 18, 2023; 15M shares redeemed

FAST Acquisition Corp. II

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 0.95

FAST Acquisition Corp. II: The Company filed three amendments to its amended and restated certificate of incorporation: extending the business combination deadline from March 18, 2023 to June 18, 2023 with potential for up to four additional one-month extensions; allowing Class B common stock holders to convert to Class A com (effective 2023-03-10).

Change
charter amendment
Effective
2023-03-10
Exact text from the filing
On March 10, 2023, FAST Acquisition Corp. II (the “ Company ”) filed with the Secretary of State of the State of Delaware three amendments to the Company’s amended and restated certificate of incorporation: ● An amendment to change the date by which the Company must consummate a business combination from March 18, 2023 to June 18, 2023, and to allow the Company, without another stockholder vote, by resolution of the Company’s board, to elect to further extend this date in one-month increments, up to four additional times (the “ Extension Amendment ”); ● An amendment to provide for the right of a holder of Class B common stock of the Company to convert into Class A common stock on a one-for-one basis prior to the closing of a business combination at the election of the holder (the “ Founder Share Amendment ”); and ● An amendment to remove the limitation that the Company shall not consummate a business combination if it would cause the Company’s net tangible assets to be less than $5,000
View on SEC.gov

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Source: SEC EDGAR
accession 0001213900-23-019269
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