8-K
filed May 15, 2024, 7:59 PM ET
CIK 0001900402
other material
confidence high
sentiment neutral
materiality 0.55
Evergreen shareholders approve deadline extension to Feb 11, 2025; 2.83M shares redeemed.
Evergreen Corp
- Shareholders approved extending deadline up to nine months to February 11, 2025.
- For each monthly extension, company must deposit lesser of $80,000 or $0.03 per share outstanding after redemptions.
- 2,831,713 ordinary shares were redeemed in connection with the meeting.
- 95.15% of shares were represented; both proposals passed with majority.
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
Evergreen Corp: Amended articles of association to extend business combination period up to nine additional months to February 11, 2025 (effective 2024-05-09).
- Change
- charter amendment
- Effective
- 2024-05-09
Exact text from the filing
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 May 9, 2024, EVGR filed the Charter Amendment with the Registrar of Companies in the Cayman Islands. Pursuant to the Charter Amendment, EVGR has the right to extend the period which it has to complete a business combination by up to nine (9) times for an additional one (1) month each time from May 11, 2024 to February 11, 2025
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
Evergreen Corp amended IMTA Amendment with Continental Stock Transfer & Trust Company (effective 2024-05-09).
- Action
- amendment
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2024-05-09
Exact text from the filing
amendment, dated May 9, 2024, to the Investment Management Trust Agreement, dated February 8, 2022, by and between Continental Stock Transfer & Trust Company and TETE
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Evergreen Corp shareholders approved Proposal to amend EVGR's Amended and Restated Articles of Association to extend the Combination Period up to nine times to February 11, 2025 at the 2024-05-09 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
Proposal to amend EVGR's Amended and Restated Articles of Association to give the Company the right to extend the Combination Period up to nine (9) times for an additional one (1) month each time, from May 11, 2024 to February 11, 2025 (the “Extended Date”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Evergreen Corp shareholders approved Proposal to amend EVGR's Trust Agreement to allow extension of the Combination Period up to nine times with deposit into Trust Account at the 2024-05-09 meeting.
- Outcome
- passed
- Meeting
- 2024-05-09
Exact text from the filing
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 nine (9) times for an additional one (1) month each time from May 11, 2024 to the Extended Date by depositing into the Trust Account, for each one-month extension, the lesser of (a) $80,000 and (b) $0.03 for each Class A ordinary share issued and outstanding after giving effect to the Redemption.
View on SEC.gov
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