other material
confidence high
sentiment neutral
materiality 0.60
Chain Bridge I shareholders approve extension to Nov 2026; 393K shares redeemed for ~$4.72M
Chain Bridge I
- Shareholders approved amendment extending deadline for initial business combination from Nov 15, 2025 to Nov 15, 2026.
- Amendment also removed the $5,000,001 net tangible assets limitation on redemptions and business combination consummation.
- In connection with the vote, holders of 393,146 Class A shares redeemed for aggregate $4,721,683 from trust account.
- Fulton AC will contribute $625.90 per month to trust starting Nov 16, 2025 until earliest of extended termination, business combination, or winding up.
- After redemptions, 2,621,590 Class A shares and 3,191,000 Class B shares outstanding.