---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-025425"
form_type: "8-K"
ticker: null
cik: "0001900402"
company_name: "Evergreen Corp"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T03:23:58.653460+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# EVGR shareholders approve up to 12-month extension to Aug 2024; 4M shares redeemed

## Summary
- Shareholders approved charter amendment to extend business combination deadline on monthly basis up to August 11, 2024.
- For each monthly extension, company must deposit lesser of $160,000 or $0.055 per outstanding Class A share into trust.
- 4,004,330 ordinary shares were redeemed in connection with the General Meeting held July 18, 2023.
- Trust agreement amended to reflect extension terms; IMTA Amendment filed as Exhibit 10.1.
- All five proposals passed, with over 11M votes for and approximately 1.18M against each.

## SEC filing metadata
- accession: 0001493152-23-025425
- form_type: 8-K
- cik: 0001900402
- company_name: Evergreen Corp
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025425
- JSON: https://secwatch.observer/filing/0001493152-23-025425.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025425.txt

## Key facts
- Governance Changes
  Evergreen Corp: Amended Articles of Association to extend the business combination period up to twelve additional months to August 11, 2024, with monthly extension payments (effective 2023-07-18).
  - Change: charter amendment
  - Effective: 2023-07-18
  source text: Subsequent to the approval by the shareholders of EVGR of the Amendment to EVGR’s Amended and Restated Memorandum and Articles of Association (the “ Charter Amendment ”), on July 18, 2023, EVGR filed the Charter Amendment with the Registrar of Companies in the Cayman Islands.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Material Agreements
  Evergreen Corp amended IMTA Amendment with Continental Stock Transfer & Trust Company valued at Amendment to Investment Management Trust Agreement (effective 2023-07-24).
  - Action: amendment
  - Counterparty: Continental Stock Transfer & Trust Company
  - Value: Amendment to Investment Management Trust Agreement
  - Effective: 2023-07-24
  source text: Evergreen Corporation (“ EVGR ” or the “ Company ”) and Continental Stock Transfer & Trust Company entered into an amendment, dated July 24, 2023, to the Investment Management Trust Agreement, dated February 8, 2022, by and between Continental Stock Transfer & Trust Company and TETE (the “ IMTA Amendment ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Shareholder Votes
  Evergreen Corp shareholders approved To adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal, the at the 2023-07-18 meeting.
  - Outcome: passed
  - Meeting: 2023-07-18
  source text: To adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, the NTA Requirement Amendment, or the Founder Share Amendment Proposal. 11,030,453 1,184,690 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Shareholder Votes
  Evergreen Corp shareholders approved Proposal to amend EVGR’s Trust Agreement by and between the Company and the Trustee, to allow the Company to extend the Combination Period up to twelve (12) times for an additional one (1) month each time from August 11, 2023 to the Extended Date by depositing into the Trust Account, for each one-mo at the 2023-07-18 meeting.
  - Outcome: passed
  - Meeting: 2023-07-18
  source text: Proposal to amend EVGR’s Trust Agreement by and between the Company and the Trustee, to allow the Company to extend the Combination Period up to twelve (12) times for an additional one (1) month each time from August 11, 2023 to the Extended Date by depositing into the Trust Account, for each one-month extension, the Extension Payment. 11,030,453 1,184,690 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Shareholder Votes
  Evergreen Corp shareholders approved Proposal to amend the Articles of Association to expand the methods that EVGR may employ to not become subject to the 'penny stock' rules of the Securities and Exchange Commission at the 2023-07-18 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-07-18
  source text: Proposal to amend the Articles of Association to expand the methods that EVGR may employ to not become subject to the “penny stock” rules of the Securities and Exchange Commission 11,030,453 1,184,690 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Shareholder Votes
  Evergreen Corp shareholders approved Proposal to amend EVGR’s Amended and Restated Articles of Association to give the Company the right to extend the Combination Period up to twelve (12) times for an additional one (1) month each time, from August 11, 2023 to the Extended Date. at the 2023-07-18 meeting.
  - Outcome: passed
  - Meeting: 2023-07-18
  source text: For Against Abstain Proposal to amend EVGR’s Amended and Restated Articles of Association to give the Company the right to extend the Combination Period up to twelve (12) times for an additional one (1) month each time, from August 11, 2023 to the Extended Date. 11,030,455 1,184,690 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm
- Shareholder Votes
  Evergreen Corp shareholders approved To amend the Articles of Association to provide for the right of a holder of the Company’s Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), to convert into Class A ordinary shares, par value $0.0001 per share, of the Company (the "Class A Ordinary Shares" or "Pub at the 2023-07-18 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-07-18
  source text: To amend the Articles of Association to provide for the right of a holder of the Company’s Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares”), to convert into Class A ordinary shares, par value $0.0001 per share, of the Company (the “Class A Ordinary Shares” or “Public Shares”) on a one-for-one basis at any time and from time to time prior to the closing of a business combination at the election of the holder (the “Founder Share Amendment,” and such proposal, the “Founder Share Amendment Proposal”). 11,030,453 1,184,690 2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1900402/000149315223025425/0001493152-23-025425-index.htm

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