secwatch.observer — SEC 8-K summary
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Issuer:     PHP Ventures Acquisition Corp. (—)
CIK:        0001863460
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001493152-23-029205
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PHP Ventures extends deadline up to 12 months; 906,611 shares redeemed at $10.90
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- Stockholders approved Charter and Trust Agreement amendments allowing up to twelve 1-month extensions to Aug 16, 2024.
- Each extension requires sponsor deposit of lesser of $40,000 or $0.04 per public share into trust account.
- Holders of 906,611 public shares redeemed at ~$10.90/share, aggregating $9,882,059 from trust.
- Trust account post-redemption holds approx. $9,453,956 with 2,597,039 public shares outstanding.
- Company continues to pursue business combination with Modulex Modular Buildings Plc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863460/000149315223029205/0001493152-23-029205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863460/000149315223029205/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-029205

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