8-K
filed July 3, 2023, 7:59 PM ET
CIK 0001861063
other material
confidence high
sentiment negative
materiality 0.60
Aquaron extends SPAC deadline to Oct 6, 2023; 35% of shares redeemed
Aquaron Acquisition Corp.
- Stockholders approved charter and trust amendments to extend business combination period to Oct 6, 2023, with option to extend to May 6, 2024.
- 2,487,090 shares (approx. 35% of outstanding) were tendered for redemption.
- Bestpath deposited $210,000 into trust to fund the extension to October 6, 2023.
- Aquaron now has until October 6, 2023 to complete its initial business combination with Bestpath.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Aquaron Acquisition Corp.: Amendment to extend the Business Combination Period from July 6, 2023 to October 6, 2023, with options to further extend to January 6, 2024 and then monthly up to May 6, 2024 (effective 2023-06-29).
- Change
- charter amendment
- Effective
- 2023-06-29
Exact text from the filing
Aquaron filed an amendment to its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State on June 29, 2023 (the “ Charter Amendment ”), giving the Company the right to extend the Business Combination Period from July 6, 2023 to October 6, 2023, plus an option for the Company to further extend such date to January 6, 2024, and then on a monthly basis up to four times from January 6, 2024 to May 6, 2024
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
Aquaron Acquisition Corp. amended Trust Amendment with Continental Stock Transfer & Trust Company (effective 2023-06-29).
- Action
- amendment
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2023-06-29
Exact text from the filing
Aquaron Acquisition Corp. (“ Aquaron ” or the “ Company ”) entered into an amendment to the Investment Management Trust Agreement, dated as of October 3, 2022, with Continental Stock Transfer & Trust Company, on June 29, 2023 (the “ Trust Amendment ”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Aquaron Acquisition Corp. shareholders approved Proposal to amend the Company’s amended and restated certificate of incorporation to extend the Business Combination Period from July 6, 2023 to October 6, 2023, with further extension options. at the 2023-06-28 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-06-28
Exact text from the filing
Stockholders approved the proposal to amend the Company’s amended and restated certificate of incorporation, giving Aquaron the right to extend the Business Combination Period from July 6, 2023 to October 6, 2023, plus an option for the Company to further extend such date to January 6, 2024, and then on a monthly basis up to four times from January 6, 2024 to May 6, 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Aquaron Acquisition Corp. shareholders approved Proposal to amend the Company’s Investment Management Trust Agreement to allow extension of the Business Combination Period for 3 months from July 6, 2023 to October 6, 2023, with further extension options. at the 2023-06-28 meeting.
- Proposal
- merger approval
- Outcome
- passed
- Meeting
- 2023-06-28
Exact text from the filing
Stockholders approved the proposal to amend the Company’s Investment Management Trust Agreement, dated as of October 3, 2022, by and between the Company and Continental Stock Transfer & Trust Company to allow the Company to extend the Business Combination Period for a period of 3 months from July 6, 2023 to October 6, 2023, plus an option for the Company to further extend such date to January 6, 2024, and then on a monthly basis up to four times from January 6, 2024 to May 6, 2023.
View on SEC.gov
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