--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-24-024051" form_type: "8-K" ticker: null cik: "0001839519" company_name: "CF Acquisition Corp. VII" filed_at: "2024-03-19T23:59:59+00:00" generated_at: "2026-06-04T13:45:34.338595+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # CF Acquisition Corp. VII extends deadline to March 20, 2025; ~63% of public shares redeemed ## Summary - Up to $1.2M promissory note from sponsor CFAC Holdings VII to fund the extension; no interest, repayable upon deal or liquidation. - Stockholders approved extension amendment and trust amendment allowing uninvested or interest-bearing demand deposit account holdings. - 9,035,947 public shares redeemed, removing ~$98.9M ($10.94/share) from trust account. - After redemptions, remaining public shares outstanding: 5,267,634 from 14,303,581 originally. - Monthly $100k drawdowns under the note support the company through March 20, 2025. ## SEC filing metadata - accession: 0001213900-24-024051 - form_type: 8-K - cik: 0001839519 - company_name: CF Acquisition Corp. VII - filed_at: 2024-03-19T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 1.01, 2.03, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/ea0202112-8k_cfacq7.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-24-024051 - JSON: https://secwatch.observer/filing/0001213900-24-024051.json - Plain text: https://secwatch.observer/filing/0001213900-24-024051.txt ## Key facts - Debt Financings CF Acquisition Corp. VII incurred loan of up to $1,200,000 with CFAC Holdings VII, LLC maturing upon the earlier of (a) the date of the consummation of a Business Combination or (b) the date of the liquidation of the Company. - Instrument: loan - Principal: up to $1,200,000 - Counterparty: CFAC Holdings VII, LLC - Maturity: upon the earlier of (a) the date of the consummation of a Business Combination or (b) the date of the liquidation of the Company - Event: incurrence source text: On March 14, 2024, CF Acquisition Corp. VII (the " Company ") issued a promissory note (the " Note ") in the principal amount of up to $1,200,000 to CFAC Holdings VII, LLC (the " Sponsor "), evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - Governance Changes CF Acquisition Corp. VII: Filed second amendment to Amended and Restated Certificate of Incorporation to extend business combination deadline from March 20, 2024 to March 20, 2025 (effective 2024-03-14). - Change: charter amendment - Effective: 2024-03-14 source text: On March 14, 2024, the Company filed the second amendment to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware (the “ Extension Amendment ”). The Extension Amendment extends the date by which the Company must consummate the Business Combination from March 20, 2024 to March 20, 2025 (or such earlier date as determined by the board of directors of the Company). evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - Material Agreements CF Acquisition Corp. VII entered into First Amendment to the Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Amendment to investment terms (effective 2024-03-14). - Action: entry - Counterparty: Continental Stock Transfer & Trust Company - Value: Amendment to investment terms - Effective: 2024-03-14 source text: On March 14, 2024, upon the stockholder approval of the Trust Amendment Proposal (as defined below), the Company entered into the First Amendment (the " Trust Amendment ") to the Investment Management Trust Agreement (the " IMTA ") with Continental Stock Transfer & Trust Company, as trustee (the " Trustee "). evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - Material Agreements CF Acquisition Corp. VII entered into Promissory Note with CFAC Holdings VII, LLC valued at up to $1,200,000 (effective 2024-03-14). - Action: entry - Counterparty: CFAC Holdings VII, LLC - Value: up to $1,200,000 - Effective: 2024-03-14 source text: On March 14, 2024, CF Acquisition Corp. VII (the " Company ") issued a promissory note (the " Note ") in the principal amount of up to $1,200,000 to CFAC Holdings VII, LLC (the " Sponsor "), pursuant to which the Sponsor agreed to loan to the Company up to such amount in connection with the extension of the Company’s time to consummate a business combination from March 20, 2024 to March 20, 2025 (or such earlier date as determined by the board of directors of the Company) (the " Extension "). evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - Shareholder Votes CF Acquisition Corp. VII shareholders approved Extension Amendment Proposal at the 2024-03-14 meeting. - Outcome: passed - Meeting: 2024-03-14 source text: The final voting results for the Extension Amendment Proposal were as follows: For Against Abstain 13,661,048 1,394,569 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm - Shareholder Votes CF Acquisition Corp. VII shareholders approved Trust Amendment Proposal at the 2024-03-14 meeting. - Outcome: passed - Meeting: 2024-03-14 source text: The final voting results for the Trust Amendment Proposal were as follows: For Against Abstain 13,661,028 1,394,569 20 evidence_url: https://www.sec.gov/Archives/edgar/data/1839519/000121390024024051/0001213900-24-024051-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.