secwatch.observer — SEC 8-K summary
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Issuer:     Patria Latin American Opportunity Acquisition Corp. (—)
CIK:        0001849737
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001213900-23-048911
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patria Latin American SPAC extends deadline to June 14, 2024; 6.1M shares redeemed
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- Shareholders approved extension of business combination deadline from June 14, 2023 to June 14, 2024.
- Approved removal of $5,000,001 net tangible asset redemption limitation, allowing redemptions regardless.
- Holders of 6,119,519 Class A shares redeemed; ~$179.75M remains in trust from ~$244.9M.
- Company deposited $300,000 into trust to extend termination date by one month to July 14, 2023.
- All four proposals passed with ~22.7M votes for, ~1.0M against; adjournment proposal not required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849737/000121390023048911/0001213900-23-048911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849737/000121390023048911/ea180187-8k_patrialatin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-048911

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