---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026012"
form_type: "8-K"
ticker: "HWH"
cik: "0001897245"
company_name: "HWH International Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:20:26.742943+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ACAX enters forward purchase and PIPE agreements with Meteora; increases shares issued in business combination

## Summary
- Entered Forward Purchase Agreement with Meteora entities for up to 9.9% of ACAX common post-closing.
- Separate PIPE subscription for up to 1,800,000 shares, less recycled shares, at closing.
- Proxy supplement filed to reflect additional shares from these financing; special meeting Aug 1 unchanged.
- Forward Purchase includes 1% prepayment shortfall and optional early termination at seller's discretion.
- Seller waived redemption rights on recycled shares; may reduce redemptions in business combination.

## SEC filing metadata
- accession: 0001493152-23-026012
- form_type: 8-K
- ticker: HWH
- cik: 0001897245
- company_name: HWH International Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1897245/000149315223026012/0001493152-23-026012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1897245/000149315223026012/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026012
- JSON: https://secwatch.observer/filing/0001493152-23-026012.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026012.txt

## Key facts
- Material Agreements
  HWH International Inc. entered into Forward Purchase Agreement with Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC (the Seller) (effective 2023-07-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC (the Seller)
  - Effective: 2023-07-30
  source text: On July 30, 2023, ACAX entered into an agreement with (i) Meteora Special Opportunity Fund I, LP (“ MSOF ”), (ii) Meteora Capital Partners, LP (“ MCP ”), (iii) Meteora Select Trading Opportunities Master, LP (“ MSTO ”) and (iv) Meteora Strategic Capital, LLC (“ MSC ”) (with MCP, MSOF MSTO and MSC collectively referred to as the “ Seller ”) (the “ Forward Purchase Agreement ”) for OTC Equity Prepaid Forward Transactions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1897245/000149315223026012/0001493152-23-026012-index.htm

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