Globalink stockholders approve extension to June 2025; 89% of public shares redeemed for ~$26.9M

GLOBALINK INVESTMENT INC.

Vote: 99.98% for charter amendment, 99.98% for trust amendment; directors re-elected.
Extension allows up to six monthly deadlines to June 9, 2025 with $60k per month deposit.
2,285,056 public shares redeemed at ~$11.77/share for aggregate ~$26.89 million.
Remaining trust balance ~$3.27M with 277,511 public shares outstanding.
Company now has until June 9, 2025 to complete initial business combination.

item 1.01 item 5.03 item 3.03 item 5.07 item 7.01 item 8.01 item 9.01

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

GLOBALINK INVESTMENT INC.: Amended certificate of incorporation to allow up to six monthly extensions of the termination date to June 9, 2025 (effective 2024-12-03).

Change: charter amendment
Effective: 2024-12-03

Exact text from the filing

The Amendment of Charter allows the Company to extend the Termination Date by up to six (6) monthly extensions, to June 9, 2025 (each of which we refer to as an “ Extension ”, and such later date, the “ Extended Deadline ”).

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Source: SEC EDGAR

accession 0001493152-24-049112

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