8-K
filed September 7, 2023, 7:59 PM ET
CIK 0001831964
other material
confidence high
sentiment neutral
materiality 0.55
Northern Revival Acquisition shareholders approve extension to Feb 2024 and NTA removal
NORTHERN REVIVAL ACQUISITION Corp
- Extension proposal passed with 7,704,776 votes for, 4 against; extends deadline from Sep 4, 2023 to Feb 4, 2024.
- NTA requirement amendment approved with same vote count; removes net tangible asset condition from charter.
- Directors David Tanzer and Asad Zafar elected as Class I directors until 2026.
- Adjournment proposal not needed as sufficient votes were present for all proposals.
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
NORTHERN REVIVAL ACQUISITION Corp: Amended charter to remove net tangible asset requirement (effective 2023-08-31).
- Change
- charter amendment
- Effective
- 2023-08-31
Exact text from the filing
to remove the net tangible asset requirement from the 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 Securities and Exchange Commission
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
NORTHERN REVIVAL ACQUISITION Corp: Amended charter to extend deadline for initial business combination from September 4, 2023 to February 4, 2024 (effective 2023-08-31).
- Change
- charter amendment
- Effective
- 2023-08-31
Exact text from the filing
the company may either (i) consummate a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination (the “ initial business combination ”), from September 4, 2023 to February 4, 2024
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN REVIVAL ACQUISITION Corp shareholders approved NTA requirement amendment proposal.
- Outcome
- passed
Exact text from the filing
Shareholders voted to approve the NTA requirement amendment proposal. The proposal received the following final voting results: For Against Abstain 7,704,776 4 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN REVIVAL ACQUISITION Corp shareholders approved Election of directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Shareholders voted to approve the directors proposal. The proposal received the following final voting results: Nominee For Withheld Broker Non-votes David Tanzer 1 Class B ordinary share 0 0 Asad Zafar 1 Class B ordinary share 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN REVIVAL ACQUISITION Corp shareholders approved Extension proposal.
- Outcome
- passed
Exact text from the filing
Shareholders voted to approve the extension proposal. The proposal received the following final voting results: For Against Abstain 7,704,776 4 0
View on SEC.gov
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