8-K
filed April 17, 2024, 7:59 PM ET
CIK 0001853047
other material
confidence high
sentiment neutral
materiality 0.55
Hudson Acquisition I extends deadline to Jan 2025, removes China restriction on business combinations
Hudson Acquisition I Corp.
- Shareholders approved extending combination deadline from April 18, 2024 up to nine monthly periods to Jan 18, 2025, with $25,000 monthly deposit into trust.
- Geographic limitation prohibiting deals with entities based or operating in China (incl. Hong Kong, Macau) was removed via charter amendment.
- Amendment proposal received 3,321,022 votes FOR, 332,581 AGAINST; geographic amendment received 3,421,022 FOR, 232,581 AGAINST.
- Certificate of amendment filed with Delaware Secretary of State on April 17, 2024.
- Adjournment proposal also approved with 3,319,523 FOR, 334,080 AGAINST.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Hudson Acquisition I Corp.: Amended certificate of incorporation to extend business combination deadline up to January 18, 2025 and remove geographic limitations on business combinations (effective 2024-04-17).
- Change
- charter amendment
- Effective
- 2024-04-17
Exact text from the filing
On April 17, 2024, the Company filed a certificate of amendment (the “Certificate of Amendment”) to the Company’s Second Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware. The Certificate of Amendment amends the Certificate of Incorporation to (i) give the Company the option to extend the date by which the Company must effect a Business Combination beyond April 18, 2024, up to nine (9) times for an additional (1) month each time to January 18, 2025, upon the deposit into the Trust Account of $25,000 for each calendar month and (ii) to remove the geographic limitations for a Business Combination., which requires the deletion of Section J of the Sixth Article in the Charter
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Hudson Acquisition I Corp. shareholders approved Amendment to extend the date by which the Company must effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses from April 18, 2024, up to nine (9) times for an additional one (1) month each time to January at the 2024-04-15 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-04-15
Exact text from the filing
The stockholders approved the proposal to amend the Company’s Second Amended and Restated Certificate of Incorporation pursuant to an amendment to the Charter in the form set forth in Annex A to the Proxy Statement to extend the date by which the Company must effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses from April 18, 2024, up to nine (9) times for an additional one (1) month each time to January 18, 2025, upon the deposit into the Trust Account of $25,000 for each month. FOR AGAINST ABSTAIN 3,321,022 332,581 0 1
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Hudson Acquisition I Corp. shareholders approved Proposal to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies. at the 2024-04-15 meeting.
- Outcome
- passed
- Meeting
- 2024-04-15
Exact text from the filing
The Adjournment Proposal The Company approved a proposal to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve one or more proposals presented to stockholders for vote. FOR AGAINST ABSTAIN 3,319,523 334,080 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Hudson Acquisition I Corp. shareholders approved Amendment to remove the geographic limitations for a Business Combination, specifically deletion of Section J of the Sixth Article in the Charter: 'At no time, the Corporation shall undertake a Business Combination with any entity being based in or having the majority of its operations in China (inc at the 2024-04-15 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-04-15
Exact text from the filing
The Geographic Limitation Amendment Proposal The stockholders approved an amendment to the Charter to remove the geographic limitations for a Business Combination. Such proposal, if approved, requires the deletion of Section J of the Sixth Article in the Charter: “J. At no time, the Corporation shall undertake a Business Combination with any entity being based in or having the majority of its operations in China (including Hong Kong and Macau).” FOR AGAINST ABSTAIN 3,421,022 232,581 0
View on SEC.gov
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