Clover Leaf Capital Corp. extends SPAC deadline to July 22, 2024; $2.37M redeemed

Clover Leaf Capital Corp.

Stockholders approved extension of business combination deadline from Jan 22, 2024 to July 22, 2024.
Holders of 202,360 shares redeemed for approximately $2,369,636 ($11.71 per share) from trust account.
Issued $360,000 extension note to sponsor Yntegra Capital to fund monthly $60,000 trust deposits.
Issued $1,000,000 working capital note to sponsor; $415,000 drawn as of January 22, 2024.
Company deposited $60,000 into trust on Jan 22 and will continue monthly until July 22, 2024.

item 1.01 item 2.03 item 5.03 item 5.07 item 9.01

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

Clover Leaf Capital Corp.: Extension Amendment extended the deadline to consummate an initial business combination from January 22, 2024 to July 22, 2024 (effective 2024-01-22).

Change: charter amendment
Effective: 2024-01-22

Exact text from the filing

On January 22, 2024, the Company filed the Extension Amendment with the Secretary of State of the State of Delaware. The Extension Amendment extends the date by which the Company must consummate its Initial Business Combination from January 22, 2024 to July 22, 2024, or such earlier date as determined by the Company’s board of directors.

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Source: SEC EDGAR

accession 0001213900-24-005407

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