secwatch.observer — SEC 8-K summary
======================================

Issuer:     Volta Inc. (—)
CIK:        0001819584
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001213900-23-025280
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volta acquired by Shell for $0.86 per share; merger completed March 31, 2023
----------------------------------------------------------------------------

- Merger completed on March 31, 2023; each share of Volta common stock converted to $0.86 cash.
- Stockholders approved merger at special meeting on March 29, 2023 with 104.3M for, 9.4M against.
- All directors and officers resigned; Brandt Hastings appointed President of surviving company.
- Volta common stock and warrants delisted from NYSE; warrants adjusted to exercise for Merger Consideration.
- Credit facilities terminated and repaid in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819584/000121390023025280/0001213900-23-025280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819584/000121390023025280/ea176187-8k_voltainc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-025280

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer