Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.95
VISION SENSING ACQUISITION CORP.: Stockholders approved and the company filed the Third Charter Amendment to provide conversion rights for Class B common stock into Class A common stock on a one-to-one basis at holder's election (effective 2024-04-30).
- Change
- charter amendment
- Effective
- 2024-04-30
Exact text from the filing
The stockholders of the Company approved the Third Amendment (the “ Third Charter Amendment ”) to the Existing Charter at the 2024 Annual Meeting, to provide for the right of the holders of the Company’s Class B common stock, par value $0.0001 per share (the “ Class B Common Stock ” or “ Founder Shares ”) to convert such shares of Class B Common Stock into shares of the Company’s Class A common stock, par value $0.0001 per share (“ Class A Common Stock ” and together with the Class B Common Stock, the “ Common Stock ”) on a one-to-one basis at the election of such holders (the “ Founder Share Amendment Proposal ”).
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.95
VISION SENSING ACQUISITION CORP.: Stockholders approved and the company filed the Fourth Charter Amendment to extend the business combination deadline from May 3, 2024 to November 3, 2024 via up to six one-month extensions (effective 2024-04-30).
- Change
- charter amendment
- Effective
- 2024-04-30
Exact text from the filing
The stockholders of the Company also approved the Fourth Amendment (the “ Fourth Charter Amendment ”) to the Existing Charter at the 2024 Annual Meeting, giving the Company the right to extend the date by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses (a “ business combination ”), or else (ii) cease its operations if it fails to complete such business combination, and redeem or repurchase 100% of the Company’s Class A common stock included as part of the units sold in the Company’s initial public offering that was closed on November 3, 2021 (the “ IPO ”) from May 3, 2024 (the “ Termination Date ”) by up to six (6) one-month extensions to November 3, 2024 (the “ Extension Amendment Proposal”).
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