---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-047530"
form_type: "8-K"
ticker: null
cik: "0001839610"
company_name: "InterPrivate III Financial Partners Inc."
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T05:15:29.611828+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# InterPrivate III SPAC extension approved; trust balance drops to ~$4.8M after redemptions

## Summary
- Shareholders approved extension of business combination deadline from June 9 to July 9, 2023, with up to 8 additional monthly extensions until March 9, 2024.
- Redemption limitation amendment approved, allowing board to eliminate net tangible assets restrictions.
- Stockholders redeemed 1,542,147 shares at ~$10.39 each, reducing trust account to ~$4,775,239.
- Charter Amendment filed with Delaware Secretary of State on June 7, 2023.

## SEC filing metadata
- accession: 0001213900-23-047530
- form_type: 8-K
- cik: 0001839610
- company_name: InterPrivate III Financial Partners Inc.
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/0001213900-23-047530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/ea180042-8k_inter3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-047530
- JSON: https://secwatch.observer/filing/0001213900-23-047530.json
- Plain text: https://secwatch.observer/filing/0001213900-23-047530.txt

## Key facts
- Governance Changes
  InterPrivate III Financial Partners Inc.: Eliminated the $5,000,001 net tangible asset limitation on redemptions and on consummating a business combination (effective 2023-06-07).
  - Change: charter amendment
  - Effective: 2023-06-07
  source text: to amend the Company’s Charter to permit the Company’s Board, in its sole discretion, to eliminate (i) the limitation that the Company may not redeem public shares in an amount that would cause the Company’s net tangible assets to be less than $5,000,001 and (ii) the limitation that the Company shall not consummate a business combination unless the Company has net tangible assets of at least $5,000,001.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/0001213900-23-047530-index.htm
- Governance Changes
  InterPrivate III Financial Partners Inc.: Extended the business combination deadline from June 9, 2023 to July 9, 2023, with optional further one-month extensions up to March 9, 2024 (effective 2023-06-07).
  - Change: charter amendment
  - Effective: 2023-06-07
  source text: to extend the date by which the Company must complete a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination involving the Company and one or more businesses (a "business combination") from June 9, 2023 to July 9, 2023, and to allow the Company to elect to further extend in one-month increments up to eight additional times, or a total of up to nine months after June 9, 2023, until March 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/0001213900-23-047530-index.htm
- Shareholder Votes
  InterPrivate III Financial Partners Inc. shareholders approved Redemption Limitation Amendment Proposal - amend charter to permit board to eliminate net tangible asset limitations at the 2023-06-05 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-06-05
  source text: The Redemption Limitation Amendment Proposal was approved. The final voting tabulation for this proposal was as follows: For Against Abstain 7,762,176 1,123 55
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/0001213900-23-047530-index.htm
- Shareholder Votes
  InterPrivate III Financial Partners Inc. shareholders approved Extension Amendment Proposal - amend charter to extend business combination deadline at the 2023-06-05 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-06-05
  source text: The Extension Amendment Proposal was approved. The final voting tabulation for this proposal was as follows: For Against Abstain 7,762,333 1,021 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839610/000121390023047530/0001213900-23-047530-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.