---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-011299"
form_type: "8-K"
ticker: null
cik: "0001843988"
company_name: "two"
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:22:06.108287+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SPAC two extends deadline to Jan 2024; new sponsor HC Proptech takes control; ~$168M redeemed

## Summary
- Shareholders approved extension of business combination deadline from April 1, 2023 to January 1, 2024.
- 16,437,487 Class A shares redeemed at ~$10.23/share, totaling ~$168.2M in cash.
- Prior sponsor sold up to 4,854,375 Class B shares to HC Proptech Partners III; all prior directors/officers resigned.
- Thomas Hennessy appointed Chairman, CEO, and Interim CFO; M. Joseph Beck, Jack Leeney, Adam Blake appointed directors.
- Vote: 18,789,760 for, 2,484,584 against, 3,655 abstentions on the extension amendment.

## SEC filing metadata
- accession: 0001493152-23-011299
- form_type: 8-K
- cik: 0001843988
- company_name: two
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-011299
- JSON: https://secwatch.observer/filing/0001493152-23-011299.json
- Plain text: https://secwatch.observer/filing/0001493152-23-011299.txt

## Key facts
- Executive change
  Adam Blake was appointed as Director at two.
  - Action: appointed
  - Role: Director
  source text: Adam Blake was appointed as a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- Executive change
  M. Joseph Beck was appointed as Director at two.
  - Action: appointed
  - Role: Director
  source text: M. Joseph Beck was appointed as a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- Executive change
  Thomas Hennessy was appointed as Chairman, Chief Executive Officer and Interim Chief Financial Officer at two.
  - Action: appointed
  - Role: Chairman, Chief Executive Officer and Interim Chief Financial Officer
  source text: Thomas Hennessy was appointed as a director and as Chairman, Chief Executive Officer and Interim Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- Executive change
  Jack Leeney was appointed as Director at two.
  - Action: appointed
  - Role: Director
  source text: Jack Leeney was appointed as a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- Governance Changes
  two: Amended Amended and Restated Memorandum and Articles of Association to extend business combination deadline from April 1, 2023 to January 1, 2024 (effective 2023-03-31).
  - Change: charter amendment
  - Effective: 2023-03-31
  source text: the Extension Amendment Proposal (as defined below) to amend the Company’s Amended and Restated Memorandum and Articles of Association (“ Charter Amendment ”) was approved. Under Cayman Islands law, the Charter Amendment took effect upon approval of the Extension Amendment Proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm
- Shareholder Votes
  two shareholders approved Extension Amendment Proposal at the 2023-03-31 meeting.
  - Outcome: passed
  - Meeting: 2023-03-31
  source text: Set forth below is the final voting result for the Extension Amendment Proposal. For Against Abstentions 18,789,760 2,484,584 3,655
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843988/000149315223011299/0001493152-23-011299-index.htm

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