8-K
filed November 3, 2023, 7:59 PM ET
ticker HWH
CIK 0001897245
other material
confidence high
sentiment neutral
materiality 0.55
ACAX shareholders approve extension to Feb 3, 2024; redemption deadline extended to Nov 17
HWH International Inc.
- Extension Proposal approved with 3,118,295 votes for, 100,000 against; 69.87% of shares voted.
- Trust agreement amended to reflect three-month extension from November 3, 2023 to February 3, 2024.
- Stockholders may redeem Class A shares until 5:00 p.m. ET on November 17, 2023; prior redemptions can be withdrawn.
- Company now has until February 3, 2024 to complete initial business combination.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
HWH International Inc.: Amended Article of Incorporation to extend business combination deadline from November 3, 2023 to February 3, 2024 (effective 2023-11-02).
- Change
- charter amendment
- Effective
- 2023-11-02
Exact text from the filing
On November 2, 2023, as approved by the Company’s stockholders at a special meeting of stockholders, the Company amended the text of Paragraph (c) of Section 9.1 of the Company’s Certificate of Incorporation to extend the date by which the Company has to consummate a business combination, such extension being for an additional three (3) month period from November 3, 2023, to February 3, 2024.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
HWH International Inc. amended Amendment No. 2 to Investment Management Trust Agreement with Wilmington Trust, National Association (effective 2023-11-02).
- Action
- amendment
- Counterparty
- Wilmington Trust, National Association
- Effective
- 2023-11-02
Exact text from the filing
on November 2, 2023, as approved by the stockholders of Alset Capital Acquisition Corp. (referred to herein as “Alset” or the “Company”) at the special meeting of stockholders held on November 2, 2023, the Company and Wilmington Trust, National Association (the “Trustee”) entered into Amendment No. 2 to Investment Management Trust Agreement dated as of January 31, 2022, as amended by Amendment No. 1 to Investment Management Trust Agreement dated May 1, 2023, (collectively the “Trust Agreement”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HWH International Inc. shareholders approved Extension Proposal to amend the Charter to extend the business combination deadline at the 2023-11-02 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
The voting results of the shares of Common Stock were as follows: For Against Abstain Broker Non-Votes 3,118,295 100,000 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
HWH International Inc. shareholders approved Trust Amendment Proposal to amend the Trust Agreement to allow another three-month extension at the 2023-11-02 meeting.
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
The voting results of the shares of Common Stock were as follows: For Against Abstain Broker Non-Votes 3,118,295 100,000 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.7
HWH International Inc. shareholders voted on Adjournment Proposal to adjourn the special meeting if necessary at the 2023-11-02 meeting.
- Meeting
- 2023-11-02
Exact text from the filing
The Adjournment Proposal was approved. The voting results of the shares of Common Stock were as follows: For Against Abstain Broker Non-Votes 3,118,295 100,000 0 0
View on SEC.gov
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