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

Issuer:     Schultze Special Purpose Acquisition Corp. II (—)
CIK:        0001843100
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001213900-23-028624
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAMA shareholders approve deadline extension to Oct 13; 70% of shares redeemed
------------------------------------------------------------------------------

- Extension of business combination deadline from April 13 to October 13, 2023 approved.
- Sponsor issued unsecured promissory note for up to $840,000 to fund trust account contributions.
- 11,584,852 public shares redeemed at ~$10.30 each, totaling ~$119.3 million.
- Trust account balance post-redemption is approximately $50.6 million.
- All Class B shares converted to Class A; 9,040,148 Class A shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843100/000121390023028624/0001213900-23-028624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843100/000121390023028624/ea176740-8k_schultze2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-028624

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