--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-23-060025" form_type: "8-K" ticker: null cik: "0001832765" company_name: "Edify Acquisition Corp." filed_at: "2023-07-26T23:59:59+00:00" generated_at: "2026-06-13T02:27:46.912205+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # Edify Acquisition Corp. Extends Merger Deadline with Unique Logistics to January 20, 2024 after Stockholder Approval ## Summary - Stockholders approved charter amendment to extend business combination deadline from July 20, 2023 to Jan 20, 2024 (7,565,342 for, 532,865 against). - Merger Agreement with Unique Logistics International amended to extend termination date to January 20, 2024, with possible further extension if specific performance action pending. - Stockholders elected to redeem 697,235 shares of common stock in connection with the special meeting. - Trust Agreement amended to allow monthly extensions with deposits of $225,000 initially and $75,000 for each subsequent month. - Director re-election: Ari Horowitz and Susan Wolford re-elected as Class II directors with 7,565,342 votes for. ## SEC filing metadata - accession: 0001213900-23-060025 - form_type: 8-K - cik: 0001832765 - company_name: Edify Acquisition Corp. - filed_at: 2023-07-26T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 1.01, 5.07, 5.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/ea182354-8k_edifyacq.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-23-060025 - JSON: https://secwatch.observer/filing/0001213900-23-060025.json - Plain text: https://secwatch.observer/filing/0001213900-23-060025.txt ## Key facts - Governance Changes Edify Acquisition Corp.: Extended deadline to consummate initial business combination from July 20, 2023 to January 20, 2024 (effective 2023-07-20). - Change: charter amendment - Effective: 2023-07-20 source text: the Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “ Charter Amendment ”) which became effective upon filing. The Charter Amendment changed the date by which EAC must consummate an initial business combination from July 20, 2023 to January 20, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Material Agreements Edify Acquisition Corp. amended Amendment No. 1 to the Merger Agreement with Unique Logistics International, Inc. valued at Extension of termination date from July 20, 2023 to January 20, 2024 (effective 2023-07-20). - Action: amendment - Agreement: merger - Counterparty: Unique Logistics International, Inc. - Value: Extension of termination date from July 20, 2023 to January 20, 2024 - Effective: 2023-07-20 source text: On July 20, 2023, EAC entered into Amendment No. 1 to the Merger Agreement (the “Amendment”) with the other parties thereto. The Amendment extends the termination date under the Merger Agreement from July 20, 2023 to January 20, 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to amend the Company’s charter to remove the net tangible asset requirement at the 2023-07-20 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-07-20 source text: NTA Requirement Amendment Proposal – Proposal to amend the Company’s charter to remove the net tangible asset requirement from the Company’s charter in order to expand the methods that the Company may employ so as not to become subject to the “penny stock” rules of the United States Securities and Exchange Commission. evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to amend the Company’s Amended and Restated Certificate of Incorporation to allow the Company to extend the date by which the Company must consummate a business combination from July 20, 2023 to October 20, 2023 and on a monthly basis up to three times from the Amended Date to January 20, 2 at the 2023-07-20 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-07-20 source text: Extension Amendment Proposal – Proposal to amend the Company’s Amended and Restated Certificate of Incorporation to allow the Company to extend the date by which the Company must consummate a business combination (as defined below) (the “Extension”) from July 20, 2023 (the date that is 30 months from the closing date of the Company’s initial public offering of units (the “IPO”)) to October 20, 2023 (the date that is 33 months from the closing date of the IPO) (the “Amended Date”) and on a monthly basis up to three times from the Amended Date to January 20, 2024 (the “Extended Date”). evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to re-elect Ari Horowitz and Susan Wolford as Class II directors at the 2023-07-20 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-07-20 source text: Director Election Proposal – Proposal to re-elect Ari Horowitz and Susan Wolford as Class II directors of the Company’s board of directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to amend the Investment Management Trust Agreement to allow the Company to extend the date on which the Trustee must liquidate the trust account at the 2023-07-20 meeting. - Outcome: passed - Meeting: 2023-07-20 source text: Trust Amendment Proposal – Proposal to amend the Investment Management Trust Agreement, dated January 14, 2021, by and between the Company and Continental Stock Transfer & Trust Company (the “Trustee”), to allow the Company to extend the date on which the Trustee must liquidate the trust account established by the Company in connection with the IPO (the “trust account”) if the Company has not completed its initial business combination, from July 20, 2023 (the date that is 30 months from the closing date of the IPO) to October 20, 2023 (the date that is 33 months from the closing date of the IPO) (the “Initial Extension”) and on a monthly basis up to three times from the Amended Date to January 20, 2024 (the date that is 36 months from the closing date of the IPO) evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to amend the Company’s charter to provide for the right of a holder of Class B common stock to convert into Class A common stock on a one-for-one basis at any time prior to the closing of a business combination at the 2023-07-20 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-07-20 source text: Founder Share Amendment Proposal – Proposal to amend the Company’s charter to provide for the right of a holder of the Company’s Class B common stock, par value $0.0001 per share, to convert into shares of the Company’s Class A common stock, par value $0.0001 per share on a one-for-one basis at any time, and from time to time, prior to the closing of a business combination at the election of the holder. evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm - Shareholder Votes Edify Acquisition Corp. shareholders approved Proposal to appoint WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023 at the 2023-07-20 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-07-20 source text: Auditor Ratification Proposal – Proposal to appoint WithumSmith+Brown, PC as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1832765/000121390023060025/0001213900-23-060025-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.