secwatch.observer — SEC 8-K summary
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Issuer:     Blue World Acquisition Corp (—)
CIK:        0001878074
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001213900-23-035791
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 5.03, 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue World SPAC extends deadline to Feb 2024; 27% of public shares redeemed
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- Shareholders approved up to nine one-month extensions, pushing business combination deadline to Feb 2, 2024.
- First monthly extension payment of $194,324 deposited into trust, extending deadline to June 2, 2023.
- 2,612,769 Class A ordinary shares (27% of outstanding) were redeemed in connection with the vote.
- Sponsor Blue World Holdings issued unsecured promissory note for $194,324; convertible into units at $10/unit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023035791/0001213900-23-035791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023035791/ea177878-8k_blueworld.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-035791

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