{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020967","form_type":"8-K","ticker":null,"cik":"0001865120","company_name":"Broad Capital Acquisition Corp","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.361237+00:00","generated_at":"2026-06-14T03:15:24.260447+00:00","sec_items":["2.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Broad Capital extends SPAC deadline to Jan 13, 2024; $150k monthly fee approved; ~$15M redeemed","bullets":["Stockholders approved extension of business combination deadline from Oct 13, 2023 to Jan 13, 2024.","Monthly extension fee reduced to $150,000 per month, deposited by Broad Capital LLC or affiliates.","1,409,026 shares redeemed at ~$10.68 per share, removing ~$15.0M from trust account.","After redemption, 4,522,582 shares remain outstanding; company to deposit $150k by June 13, 2023.","Extension is the sixth of up to twelve monthly extensions under the amended charter."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020967","json":"https://secwatch.observer/filing/0001493152-23-020967.json","markdown":"https://secwatch.observer/filing/0001493152-23-020967.md","text":"https://secwatch.observer/filing/0001493152-23-020967.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865120/000149315223020967/0001493152-23-020967-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865120/000149315223020967/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:15:24.260447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18c3b258c714dc922dad13cc0f89a6d54fe74927","claim":"Broad Capital Acquisition Corp: Amended the charter to extend the business combination deadline from October 13, 2023 to up to January 13, 2024 through three one-month extensions, and reduced the monthly extension fee from $0.0625 per public share to a fixed $150,000 per month (effective 2023-06-12).","evidence_excerpt":"On June 9, 2023, the Company held a Special Meeting of Stockholders (the “ Meeting ”). At the Meeting, the Company’s stockholders approved an amendment to the Company’s Charter, as further amended on January 11, 2023 (the “ Extension Amendment ” and such proposal the “Extension Amendment Proposal ”), to (a) to extend the date by which we have to consummate a business combination from October 13, 2023 (the “ Termination Date ”) by up to three (3) one-month extensions to January 13, 2024 (the “ Extended Date ”) and (b) to decrease the monthly extension fee from $0.0625 per share for each public share outstanding after giving effect to redemptions (in the aggregate, the “ Monthly Extension Loan ”) to, in the aggregate, the “Adjusted Monthly Extension Loan,” as defined below, commencing on June 13, 2023.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865120/000149315223020967/0001493152-23-020967-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-12"}],"fact_type":"governance_change"},{"claim_id":"ff073ea7685d3a4d9732fb14839c92d08576e90b","claim":"Broad Capital Acquisition Corp: Amended the trust agreement to allow a reduced monthly extension fee of $150,000 and extend the termination date by up to three one-month extensions until January 13, 2024, and updated certain defined terms (effective 2023-06-12).","evidence_excerpt":"The Company also amended the Company’s investment management trust agreement (the “ Trust Agreement ”), dated as of January 10, 2022, as amended on January 10, 2023, by and between the Company and Continental Stock Transfer & Trust Company, allowing the Company reduce the amount of the Monthly Extension Loan to $150,000 for each one-month extension beginning on June 13, 2023 until January 13, 2024, and to extend the Termination Date for an additional three (3) one-month extensions until January 13, 2024, and to update certain defined terms in the Trust Agreement (the “ Second Amendment to the Trust Agreement ” and such proposal the “ Trust Amendment Proposal ”), a form of which is attached as Exhibit 3.2 to this report and is incorporated by reference herein.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865120/000149315223020967/0001493152-23-020967-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Effective","value":"2023-06-12"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}