ASCB shareholders approve extension to August 5, 2024; 18M shares redeemed

ASPAC II Acquisition Corp.

Extension Amendment Proposal passed with 14,211,081 votes for and 7,884,094 against.
Amended charter filed with BVI Registrar; deadline for initial business combination extended to August 5, 2024.
18,003,605 ordinary shares tendered for redemption at EGM, representing ~71% of outstanding shares.
NTA Requirement Amendment and Founder Share Amendment also approved by shareholders.
Company had 25,300,000 shares outstanding as of record date July 6, 2023.

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

ASPAC II Acquisition Corp.: Extended deadline to consummate initial business combination to August 5, 2024, up to 27 months from IPO (effective 2023-08-01).

Change: charter amendment
Effective: 2023-08-01

Exact text from the filing

Pursuant to the Amended Charter which is effective on August 1, 2023, the Company has up to 27 months from its initial public offering (i.e., until August 5, 2024) to consummate an initial business combination.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ASPAC II Acquisition Corp. shareholders approved Founder Share Amendment Proposal at the 2023-08-01 meeting.

Outcome: passed
Meeting: 2023-08-01

Exact text from the filing

3. Proposal No. 3 — The Founder Share Amendment Proposal FOR AGAINST ABSTAIN BROKER NON-VOTE 15,216,442 6,878,733 0 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ASPAC II Acquisition Corp. shareholders approved Extension Amendment Proposal at the 2023-08-01 meeting.

Outcome: passed
Meeting: 2023-08-01

Exact text from the filing

1. Proposal No. 1 — The Extension Amendment Proposal FOR AGAINST ABSTAIN BROKER NON-VOTE 14,211,081 7,884,094 0 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ASPAC II Acquisition Corp. shareholders approved NTA Requirement Amendment Proposal at the 2023-08-01 meeting.

Outcome: passed
Meeting: 2023-08-01

Exact text from the filing

2. Proposal No. 2 — The NTA Requirement Amendment Proposal FOR AGAINST ABSTAIN BROKER NON-VOTE 14,717,757 7,377,418 0 0

View on SEC.gov

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ASPAC II Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001213900-23-062779

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