other material
confidence high
sentiment negative
materiality 0.65
Oak Woods shareholders approve extension to Mar 2026; ~42% of shares redeemed
Oak Woods Acquisition Corp
- Shareholders approved charter amendment to extend business combination deadline from Sep 28, 2025 to Mar 28, 2026.
- Company must deposit $0.033 per share per month into trust for each of up to six one-month extensions.
- 2,274,444 ordinary shares tendered for redemption (42.4% of outstanding), leaving 1,302,981 shares.
- Vote: 3,370,572 FOR, 528,341 AGAINST, 121,700 abstentions on both proposals.