---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-034545"
form_type: "8-K"
ticker: null
cik: "0001852407"
company_name: "Fintech Ecosystem Development Corp."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T16:44:43.327908+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fintech Ecosystem extends business combo deadline to Oct 2024; $27.7M redeemed

## Summary
- Stockholders approved Charter Amendment to extend deadline from Apr 21 to up to Oct 21, 2024 via monthly extensions.
- Holders of 2,477,475 shares redeemed at ~$11.18/share, aggregate ~$27.7M; trust balance now ~$16.8M.
- Sponsor deposited $49,319 for first one-month extension to May 21, 2024; up to 5 more extensions possible.
- 5,005,951 shares voted FOR (72.50%), 271,614 AGAINST; quorum of 76.43% of shares outstanding.

## SEC filing metadata
- accession: 0001213900-24-034545
- form_type: 8-K
- cik: 0001852407
- company_name: Fintech Ecosystem Development Corp.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852407/000121390024034545/0001213900-24-034545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852407/000121390024034545/ea0204296-8k425_fintech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034545
- JSON: https://secwatch.observer/filing/0001213900-24-034545.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034545.txt

## Key facts
- Governance Changes
  Fintech Ecosystem Development Corp.: Amended charter to extend deadline for business combination from April 21, 2024 to up to October 21, 2024, with monthly extension options and deposit requirements (effective 2024-04-18).
  - Change: charter amendment
  - Effective: 2024-04-18
  source text: On April 18, 2024, Fintech Ecosystem Development Corp. (the “Company”) held an extraordinary general meeting (the “Special Meeting”) of stockholders of the Company (the “Stockholders”). The Stockholders approved the proposal to amend (the “Charter Amendment”) the Company’s amended and restated certificate of incorporation (the “Charter”) to extend the date by which the Company has to consummate a business combination for an additional six months, from April 21, 2024 to up to October 21, 2024, by electing to extend the date to consummate an initial business combination on a monthly basis up to six times, provided that for each one-month extension, the sponsor of the Company deposits into the trust account established for the benefit of the Company’s public stockholders (the “Trust Account”) the lesser of (i) $66,000.00 and (ii) an aggregate amount equal to $0.033 for each public share that is not redeemed in connection with the Special Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852407/000121390024034545/0001213900-24-034545-index.htm
- Shareholder Votes
  Fintech Ecosystem Development Corp. shareholders approved Charter Amendment.
  - Proposal: charter amendment
  - Outcome: passed
  source text: FOR AGAINST ABSTAIN 5,005,951 (72.50%) 271,614 (3.93%) 0 (0.00%)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852407/000121390024034545/0001213900-24-034545-index.htm

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