secwatch.observer — SEC 8-K summary
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Issuer:     Revelstone Capital Acquisition Corp. (—)
CIK:        0001874218
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001213900-24-017584
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Revelstone Capital to liquidate after failing to complete business combination
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- Filed charter amendment to extend deadline to May 21, 2024, but board determined it cannot complete any initial business combination.
- Company will liquidate and dissolve, redeeming all outstanding public shares from trust account.
- Holders of public shares will receive pro rata trust proceeds (less $100k for dissolution expenses).
- Record holders must deliver shares to Continental Stock Transfer; beneficial owners in street name need no action.
- Redemption expected to be completed as soon as possible; shares trade on Nasdaq under RCAC, RCACU, RCACW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874218/000121390024017584/0001213900-24-017584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874218/000121390024017584/ea0200792-8k_revelstone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-017584

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