--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-23-048151" form_type: "8-K" ticker: null cik: "0001881462" company_name: "Spree Acquisition Corp. 1 Ltd" filed_at: "2023-06-12T23:59:59+00:00" generated_at: "2026-06-14T03:17:39.658182+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # Spree Acquisition Corp. 1 shareholders approve extension to March 2024; 15.8M shares redeemed ## Summary - 15,763,212 Class A ordinary shares redeemed in connection with extension, leaving 5,182,503 outstanding. - Trust agreement amended to extend business combination deadline from June 20, 2023 to March 20, 2024. - Sponsor issued up to $900K promissory note to fund trust account monthly; each month lesser of $0.04 per share or $100K. - Shareholders approved conversion amendment allowing Class B shares to convert to Class A at any time before business combination. - Eran (Rani) Plaut, Joachim Drees, Steven Greenfield, David Riemenschneider, Philipp von Hagen re-elected as directors. ## SEC filing metadata - accession: 0001213900-23-048151 - form_type: 8-K - cik: 0001881462 - company_name: Spree Acquisition Corp. 1 Ltd - filed_at: 2023-06-12T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 5.07, 5.03, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/ea180160-8k_spreeacq1.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-23-048151 - JSON: https://secwatch.observer/filing/0001213900-23-048151.json - Plain text: https://secwatch.observer/filing/0001213900-23-048151.txt ## Key facts - Debt Financings Spree Acquisition Corp. 1 Ltd incurred loan of up to $900,000 with Spree Operandi, LP and/or its wholly-owned U.S. subsidiary, Spree Operandi U.S. LP (the Sponsor) at bear no interest maturing repayable in full upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the liquidation of the. - Instrument: loan - Principal: up to $900,000 - Counterparty: Spree Operandi, LP and/or its wholly-owned U.S. subsidiary, Spree Operandi U.S. LP (the Sponsor) - Rate: bear no interest - Maturity: repayable in full upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the liquidation of the - Event: incurrence source text: on June 12, 2023, upon the Company’s shareholders’ approval of the Extension Amendment (as defined in Item 5.03 below), the Company issued a promissory note (the “Note”) in a principal amount of up to $900,000 to Spree Operandi, LP and/or its wholly-owned U.S. subsidiary, Spree Operandi U.S. LP (collectively, the “Sponsor”). evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - Material Agreements Spree Acquisition Corp. 1 Ltd amended Trust Agreement Amendment (effective 2023-06-12). - Action: amendment - Effective: 2023-06-12 source text: Trust Agreement Amendment On June 12, 2023, upon approval by the shareholders of Spree Acquisition Corp. 1 Limited (the “Company”) of the Trust Extension Proposal evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - Shareholder Votes Spree Acquisition Corp. 1 Ltd shareholders approved Director Election Proposal - re-appointment of Eran (Rani) Plaut, Joachim Drees, Steven Greenfield, David Riemenschneider, and Philipp von Hagen as directors at the 2023-06-12 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-12 source text: The Director Proposal was approved, and each of Eran (Rani) Plaut, Joachim Drees, Steven Greenfield, David Riemenschneider, and Philipp von Hagen was re-elected to the Company’s board of directors. The voting result for the Class B ordinary shares for each of the nominees was as follows: For Against Abstain 5,000,000 0 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - Shareholder Votes Spree Acquisition Corp. 1 Ltd shareholders approved Articles Extension Proposal - approval of Extension Amendment to Amended and Restated Articles to extend business combination deadline at the 2023-06-12 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-06-12 source text: The Articles Extension Proposal was approved. The voting result for the Ordinary Shares was as follows: For Against Abstain 20,680,228 1,188,142 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - Shareholder Votes Spree Acquisition Corp. 1 Ltd shareholders approved Trust Extension Proposal - approval of amendment to Trust Agreement to extend business combination deadline at the 2023-06-12 meeting. - Proposal: merger approval - Outcome: passed - Meeting: 2023-06-12 source text: The Trust Extension Proposal was approved. The voting result for the Ordinary Shares was as follows: For Against Abstain 20,680,228 1,188,142 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm - Shareholder Votes Spree Acquisition Corp. 1 Ltd shareholders approved Conversion Amendment Proposal - approval of Conversion Amendment to Amended and Restated Articles to provide Class B conversion rights at the 2023-06-12 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-06-12 source text: The Conversion Amendment Proposal was approved. The voting result for the Ordinary Shares was as follows: For Against Abstain 20,683,244 1,185,126 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.