ShoulderUp extends SPAC deadline to Feb 24, 2025 after shareholder vote; minimal redemptions

ShoulderUP Technology Acquisition Corp.

12.3M shares voted; 12,300,092 FOR amendment extending business combination deadline to Feb 24, 2025.
Only 240 shares redeemed (~$2,635 total) at ~$10.98 per share, indicating limited investor opposition.
Original termination date was Jan 24, 2025; new deadline is Feb 24, 2025 or earlier board-determined date.
No other matters were submitted to a vote at the special meeting.

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

ShoulderUP Technology Acquisition Corp.: Amendment to certificate of incorporation extending the business combination deadline from January 24, 2025 to February 24, 2025 (effective 2025-01-24).

Change: charter amendment
Effective: 2025-01-24

Exact text from the filing

On January 24, 2025, ShoulderUp Technology Acquisition Corp. (the “ Company ”) held a special meeting of stockholders (the “ Special Meeting ”). At the Special Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation that extends the date (the “ Termination Date ”) by which the Company must consummate a business combination (the “ Charter Extension ”) from January 24, 2025 (the “ Original Termination Date ”) to February 24, 2025 or such earlier date as may be determined by the Company’s board of directors in its sole discretion (the “ Charter Extension Date ”).

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Source: SEC EDGAR

accession 0001213900-25-006496

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