secwatch.observer — SEC 8-K summary
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Issuer:     CF Acquisition Corp. VII (—)
CIK:        0001839519
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001213900-23-050169
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Acquisition Corp. VII extends deadline to March 2024 via $3.86M sponsor note
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- Stockholders approved extension of business combination deadline from June 20, 2023 to March 20, 2024.
- Sponsor CFAC Holdings VII issued promissory note up to $3,861,967; monthly draws of $429,107.43 to fund trust deposits.
- 3,946,419 Public Shares redeemed at ~$10.48 each, removing $41.4 million from trust account.
- Note bears no interest, repayable upon business combination or liquidation; trust waiver by sponsor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839519/000121390023050169/0001213900-23-050169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839519/000121390023050169/ea180652-8k_cfacq7.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-050169

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