---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-012639"
form_type: "8-K"
ticker: "CPTKW"
cik: "0001827899"
company_name: "Crown PropTech Acquisitions"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:26:09.519395+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crown PropTech faces NYSE delisting; shareholders approve extension to Aug 2024

## Summary
- NYSE to delist CPTK for failing to combine within 3 years; trading suspended Feb 12. Company will not appeal.
- Shareholders approved extension to Aug 11, 2024 (8,137,124 for, 14,777 against); 2,195,847 shares redeemed, leaving 2,000,638 Class A shares outstanding.
- Company plans to transfer listing to OTC Markets (OTCQX) and will continue SEC filings.

## SEC filing metadata
- accession: 0001213900-24-012639
- form_type: 8-K
- ticker: CPTKW
- cik: 0001827899
- company_name: Crown PropTech Acquisitions
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827899/000121390024012639/0001213900-24-012639-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827899/000121390024012639/ea193285-8k_crownpro.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-012639
- JSON: https://secwatch.observer/filing/0001213900-24-012639.json
- Plain text: https://secwatch.observer/filing/0001213900-24-012639.txt

## Key facts
- Governance Changes
  Crown PropTech Acquisitions: Approved amendment to Second Amended and Restated Memorandum and Articles of Association to extend the deadline to consummate an initial business combination from February 11, 2024 to August 11, 2024 (effective 2024-02-09).
  - Change: charter amendment
  - Effective: 2024-02-09
  source text: The shareholders approved, by special resolution, the proposal to amend and restate the Company’s Second Amended and Restated Memorandum and Articles of Association (the “Amended Charter”) to extend the date by which the Company must (1) consummate a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination (an “initial business combination”), (2) cease all operations except for the purpose of winding up if it fails to complete such initial business combination, and (3) redeem all of the Class A Ordinary Shares included as part of the units sold in the Company’s initial public offering that was consummated on February 11, 2021, from February 11, 2024 to August 11, 2024 (the “Extension Proposal”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827899/000121390024012639/0001213900-24-012639-index.htm
- Shareholder Votes
  Crown PropTech Acquisitions shareholders approved Extension Proposal to amend the Company's articles to extend the deadline to consummate a business combination from February 11, 2024 to August 11, 2024 at the 2024-02-09 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: The following is a tabulation of the votes with respect to the Extension Proposal, which was approved by the Company’s shareholders: Approval of Extension Proposal Votes For Votes Against Abstentions 8,137,124 14,777 405
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827899/000121390024012639/0001213900-24-012639-index.htm
- Shareholder Votes
  Crown PropTech Acquisitions shareholders approved Adjournment Proposal to adjourn the Extraordinary General Meeting at the 2024-02-09 meeting.
  - Outcome: passed
  - Meeting: 2024-02-09
  source text: Approval of Adjournment Proposal Votes For Votes Against Abstentions 8,137,538 14,768 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827899/000121390024012639/0001213900-24-012639-index.htm

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