{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-002833","form_type":"8-K","ticker":null,"cik":"0001865120","company_name":"Broad Capital Acquisition Corp","filed_at":"2025-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.372479+00:00","generated_at":"2026-05-27T23:28:30.959039+00:00","sec_items":["2.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Broad Capital extends SPAC deadline to Jan 2026; $19.3M redeemed, shares drop to 101K","bullets":["Stockholders approved extending business combination deadline from Jan 13 2025 to Jan 13 2026 via up to 12 monthly extensions.","Monthly extension fee reduced from $60k to lesser of $40k or $0.03 per non-redeemed share; first deposit of $3,036.48 made.","1,616,447 shares redeemed at ~$11.96/share, removing ~$19.3M from trust; only 101,216 shares outstanding post-redemption.","Charter and trust agreement amended to reflect new fee formula and extended deadline; trust cash will be held in demand deposit."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-002833","json":"https://secwatch.observer/filing/0001493152-25-002833.json","markdown":"https://secwatch.observer/filing/0001493152-25-002833.md","text":"https://secwatch.observer/filing/0001493152-25-002833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865120/000149315225002833/0001493152-25-002833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865120/000149315225002833/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:28:30.959039+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":[{"claim_id":"f5da66fdb7d5c7f1d6f48835afdb93ea97a59f24","claim":"Broad Capital Acquisition Corp: Amended Charter to extend business combination deadline by up to twelve one-month extensions to January 13, 2026 and reduce monthly extension fee (effective 2025-01-13).","evidence_excerpt":"(a) to extend the date by which we have to consummate a business combination from January 13, 2025","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865120/000149315225002833/0001493152-25-002833-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-01-13"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}