secwatch / observer
8-K filed January 24, 2023, 6:59 PM ET ticker TETEF CIK 0001900679
other material confidence high sentiment negative materiality 0.80

TETE shareholders approve 6-month extension to July 2023; 65.5% of shares redeemed

Technology & Telecommunication Acquisition Corp

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

Technology & Telecommunication Acquisition Corp: Company filed an amendment to its Amended and Restated Memorandum and Articles of Association to extend the period to complete a business combination by up to six additional one-month extensions from January 20, 2023 to July 20, 2023, subject to deposit of funds (effective 2023-01-20).

Change
charter amendment
Effective
2023-01-20
Exact text from the filing
TETE filed the Charter Amendment with the Registrar of Companies in the Cayman Islands. Pursuant to the Charter Amendment, TETE has the right to extend the period which it has to complete a business combination by up to six (6) times for an additional one (1) month each time from January 20, 2023 to July 20, 2023 by depositing into its trust account, for each one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordinary share outstanding after giving effect to the redemption of public shares in connection with the Charter Amendment in accordance with the terms of TETE’s amended and restated memorandum and articles of association.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Technology & Telecommunication Acquisition Corp shareholders approved Amend Amended and Restated Articles of Association to extend Combination Period at the 2023-01-18 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-01-18
Exact text from the filing
Proposal to amend TETE’s Amended and Restated Articles of Association (the “ Articles of Association ”) to give the Company the right to extend the date by which it has to consummate a business combination (the “ Combination Period ”) up to six (6) times for an additional one (1) month each time, from January 20, 2023 to July 20, 2023 (as extended, the “ Extended Date ”) (i.e., for a period of time ending 18 months after the consummation of its initial public offering). 12,650,551 0 125,757
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Technology & Telecommunication Acquisition Corp shareholders approved Amend Articles of Association to expand methods to avoid penny stock rules at the 2023-01-18 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-01-18
Exact text from the filing
Proposal to amend the Articles of Association to expand the methods that TETE may employ to not become subject to the “penny stock” rules of the Securities and Exchange Commission. 12,140,868 0 635,440
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Technology & Telecommunication Acquisition Corp shareholders approved Amend investment management trust agreement to extend Combination Period at the 2023-01-18 meeting.

Outcome
passed
Meeting
2023-01-18
Exact text from the filing
Proposal to amend TETE’s investment management trust agreement, dated as of January 14, 2022, by and between the Company and Continental Stock Transfer & Trust Company, to allow the Company to extend the Combination Period up to six (6) times for an additional one (1) month each time from January 20, 2023 to the Extended Date by depositing into the Trust Account, for each one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordinary share outstanding after giving effect to the Redemption. 12,650,551 0 125,757
View on SEC.gov

37 governance changes filed in the last 30 days. Browse all governance changes →

Technology & Telecommunication Acquisition Corp filing history →

Source: SEC EDGAR
accession 0001493152-23-002325
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.