---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-031913"
form_type: "8-K"
ticker: null
cik: "0001914023"
company_name: "Acri Capital Acquisition Corp"
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:37:25.295082+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acri Capital extends deadline to May 14, files S-4 for Foxx merger; 1.44M shares redeemed

## Summary
- Stockholders approved charter amendment to extend deadline to April 14, 2024, with up to nine monthly extensions to Jan 14, 2025.
- Sponsor deposited $50K for first monthly extension to May 14, 2024; issued $50K convertible promissory note.
- 1,439,666 shares of Class A common stock redeemed in connection with the extension vote.
- PubCo confidentially submitted Form S-4 for the proposed business combination with Foxx Development Inc. on April 5, 2024.
- Transaction subject to stockholder approval, SEC effectiveness, Nasdaq listing, and regulatory approvals.

## SEC filing metadata
- accession: 0001213900-24-031913
- form_type: 8-K
- cik: 0001914023
- company_name: Acri Capital Acquisition Corp
- filed_at: 2024-04-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1914023/000121390024031913/0001213900-24-031913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1914023/000121390024031913/ea0203659-8k425_acricap.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-031913
- JSON: https://secwatch.observer/filing/0001213900-24-031913.json
- Plain text: https://secwatch.observer/filing/0001213900-24-031913.txt

## Key facts
- Debt Financings
  Acri Capital Acquisition Corp incurred loan of $50,000 with Acri Capital Sponsor LLC at non-interest bearing maturing the earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company.
  - Instrument: loan
  - Principal: $50,000
  - Counterparty: Acri Capital Sponsor LLC
  - Rate: non-interest bearing
  - Maturity: the earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company
  - Event: incurrence
  source text: the Company issued an unsecured promissory note of $50,000 (the “ Note ”) to its sponsor, Acri Capital Sponsor LLC (the “ Sponsor ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914023/000121390024031913/0001213900-24-031913-index.htm
- Governance Changes
  Acri Capital Acquisition Corp: Approved amendment to Charter to extend the deadline to consummate an initial business combination until April 14, 2024, with optional monthly extensions up to January 14, 2025 (effective 2024-04-10).
  - Change: charter amendment
  - Effective: 2024-04-10
  source text: On April 9, 2024, at the Special Meeting, the stockholders of the Company approved the proposal to amend Company’s amended and restated certificate of incorporation (“Charter”) to allow the Company until April 14, 2024 to consummate an initial business combination, and, without another stockholder vote, to elect to extend the date by which the Company must consummate a business combination on a monthly basis for up to nine (9) times, up to January 14, 2025, by depositing the lesser of (i) $50,000 and (ii) $0.033 for each public share to the Company’s trust account
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914023/000121390024031913/0001213900-24-031913-index.htm
- Shareholder Votes
  Acri Capital Acquisition Corp shareholders approved Amend charter to allow extension until April 14, 2024, with up to nine monthly extensions to January 14, 2025 at the 2024-03-01 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-03-01
  source text: The stockholders approved the proposal to amend the Company’s Charter to allow the Company until April 14, 2024 to consummate an initial business combination, and, without another stockholder vote, to elect to extend the date by which the Company must consummate a business combination on a monthly basis for up to nine (9) times, up to January 14, 2025, by depositing each month the lesser of (i) $50,000 and (ii) $0.033 for each public share to the Company’s trust account
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914023/000121390024031913/0001213900-24-031913-index.htm

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