secwatch.observer — SEC 8-K summary
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Issuer:     Healthwell Acquisition Corp. I (—)
CIK:        0001845013
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001213900-23-062028
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthwell Acquisition extends deadline to Dec 5, 2023; 20.9M shares redeemed for ~$215.6M
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- Stockholders approved Charter amendment to extend business combination deadline from Aug 5 to Dec 5, 2023.
- Also approved removal of redemption limitation (net tangible assets floor) and change to authorized share count voting threshold.
- Holders of 20,942,619 public shares redeemed at ~$10.30/share, removing ~$215.6M from trust account.
- Trust account balance now ~$41.8M; only 4,057,381 public shares remain outstanding.
- Marcum LLP ratified as independent auditor for 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845013/000121390023062028/0001213900-23-062028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845013/000121390023062028/ea182715-8k_healthwell.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-062028

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