secwatch.observer — SEC 8-K summary
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Issuer:     Spree Acquisition Corp. 1 Ltd (—)
CIK:        0001881462
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001213900-23-048151
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.07, 5.03, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spree Acquisition Corp. 1 shareholders approve extension to March 2024; 15.8M shares redeemed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/0001213900-23-048151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881462/000121390023048151/ea180160-8k_spreeacq1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-048151

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