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

Issuer:     Industrial Tech Acquisitions II, Inc. (—)
CIK:        0001841586
Form:       8-K/A
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001213900-23-030237
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 1.01, 2.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Industrial Tech Acquisitions II corrects redemption price to $10.38; extends to Dec 14, 2023
--------------------------------------------------------------------------------

- Per-share redemption price corrected from ~$10.19 to ~$10.38 for 15.9M shares redeemed at April 10 meeting.
- Stockholders approved extension of business combination deadline from April 14 to December 14, 2023.
- 15,901,113 Public Shares redeemed for ~$165.1M; remaining shares outstanding: 1,348,887.
- Issued up to $280K extension note and $300K working capital loan to sponsor, bearing no interest.
- Notes due upon consummation of business combination or liquidation; proceeds used for trust deposits and expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841586/000121390023030237/0001213900-23-030237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841586/000121390023030237/ea177055-8ka1_indust2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-030237

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