---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-078287"
form_type: "8-K"
ticker: null
cik: "0001844389"
company_name: "Ace Global Business Acquisition Ltd"
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T11:07:24.119076+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ace Global Business Acquisition shareholders approve extension to complete business combination to April 2024

## Summary
- Shareholders approved extending business combination deadline by up to six months from Oct 8, 2023 to Apr 8, 2024.
- Company will deposit $0.05 per public share into trust for each one-month extension period.
- Charter amendment passed with 3,018,492 for, 94,264 against; trust amendment passed with 1,564,492 for, 94,264 against.
- Press release on Sep 21 highlights the extension and additional trust contributions funded by the sponsor.

## SEC filing metadata
- accession: 0001213900-23-078287
- form_type: 8-K
- cik: 0001844389
- company_name: Ace Global Business Acquisition Ltd
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844389/000121390023078287/0001213900-23-078287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844389/000121390023078287/ea185538-8k_aceglobal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-078287
- JSON: https://secwatch.observer/filing/0001213900-23-078287.json
- Plain text: https://secwatch.observer/filing/0001213900-23-078287.txt

## Key facts
- Governance Changes
  Ace Global Business Acquisition Ltd: Amended and restated memorandum and articles of association to allow extension of business combination period up to six months to April 8, 2024 (effective 2023-09-19).
  - Change: charter amendment
  - Effective: 2023-09-19
  source text: the Company filed an amended and restated memorandum and articles of association on September 19, 2023 (the “Charter Amendment”), giving the Company the right to extend the date by which it has to complete a business combination up to a total of six (6) times for an additional one (1) month each time from October 8, 2023 to April 8, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844389/000121390023078287/0001213900-23-078287-index.htm
- Shareholder Votes
  Ace Global Business Acquisition Ltd shareholders approved Amend the Company's investment management trust agreement to allow the Company to extend the time it has to complete a business combination up to a total of six times for an additional one month each time from October 8, 2023 to April 8, 2024 by depositing into the trust account $0.05 for each one-m at the 2023-09-19 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-09-19
  source text: Trust Amendment Shareholders approved the proposal to amend the Company’s investment management trust agreement, dated April 5, 2021, and as amended on January 5, 2023, with Continental Stock Transfer & Trust Company to allow the Company to extend the time it has to complete a business combination a total of six (6) times for an additional one (1) month each time from October 8, 2023 to April 8, 2024 by depositing into the trust account $0.05 for each one-month extension for each issued and outstanding Public Share that has not been redeemed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844389/000121390023078287/0001213900-23-078287-index.htm
- Shareholder Votes
  Ace Global Business Acquisition Ltd shareholders approved Amend and restate the Company's amended and restated memorandum and articles of association to extend the date by which it has to complete a business combination up to a total of six times for an additional one month each time from October 8, 2023 to April 8, 2024 at the 2023-09-19 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-09-19
  source text: Charter Amendment Proposal No. 1 Shareholders approved the proposal to amend and restate the Company’s amended and restated memorandum and articles of association, giving the Company the right to extend the date by which it has to complete a business combination up to a total of six (6) times for an additional one (1) month each time from October 8, 2023 to April 8, 2024 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844389/000121390023078287/0001213900-23-078287-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.