{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-020970","form_type":"8-K","ticker":"ASBP","cik":"0001847345","company_name":"Aspire Biopharma Holdings, Inc.","filed_at":"2024-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.761383+00:00","generated_at":"2026-06-01T09:51:06.549907+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"PowerUp enters non-redemption pact; up to 450K shares held, sponsor to transfer shares to preserve trust","bullets":["Non-redemption agreement with unaffiliated shareholder for up to 450,000 Public Shares at the May 22, 2024 extraordinary general meeting to approve extension.","Sponsor will transfer 25,000 Founder Shares and 25,000 New Issued Shares (to be issued at business combination close) for each 150,000 non-redeemed shares.","Agreement aims to increase funds remaining in trust account; extension would push business combination deadline to February 17, 2025.","Transfer of shares conditioned on approval of extension at meeting and consummation of initial business combination.","Investor waives redemption rights on the specified shares and agrees not to redeem them in connection with the extension."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-020970","json":"https://secwatch.observer/filing/0001493152-24-020970.json","markdown":"https://secwatch.observer/filing/0001493152-24-020970.md","text":"https://secwatch.observer/filing/0001493152-24-020970.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847345/000149315224020970/0001493152-24-020970-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847345/000149315224020970/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T09:51:06.549907+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}