secwatch.observer — SEC 8-K summary
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Issuer:     Keyarch Acquisition Corp (—)
CIK:        0001865701
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001213900-24-006555
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Keyarch Acquisition Corp extends deadline to July 27, 2024; sponsor loans up to $150K; 337K shares redeemed
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- Shareholders approved extension of business combination deadline from Jan 27, 2024 to July 27, 2024.
- Sponsor issued up to $150,000 promissory note to fund monthly trust deposits of $25,000 for up to six months.
- Holders of 337,446 Public Shares redeemed at ~$10.91 per share, total $3.68M; remaining Public Shares 2,039,872.
- Second Charter Amendment filed with Cayman Islands General Registry on Jan 25, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865701/000121390024006555/0001213900-24-006555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865701/000121390024006555/ea192200-8k_keyarch.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-006555

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer