Broad Capital Acquisition Corp. extends deadline to July 2027; 94,247 shares redeemed, only 6,969 remain.

Broad Capital Acquisition Corp

Stockholders approved amendment extending business combination deadline to July 13, 2027 via up to 18 monthly extensions.
Monthly extension fee reduced to $0.02 per share for non-redeemed shares starting Jan 13, 2026.
94,247 shares redeemed at ~$12.42/share, removing ~$1.17M from trust; only 6,969 shares remain outstanding.
First extension deposit of $139.38 made to extend to February 13, 2026.

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

Broad Capital Acquisition Corp: Extended deadline to consummate business combination from January 13, 2026 to July 13, 2027 and reduced monthly extension fee, effective upon stockholder approval on January 9, 2025 (effective 2025-01-09).

Change: charter amendment
Effective: 2025-01-09

Exact text from the filing

On January 9, 2025, the Company held a Special Meeting of Stockholders (the “ Meeting ”). At the Meeting, the Company’s stockholders approved an amendment to the Company’s Charter, as further amended on January 11, 2023, June 12, 2023, January 8, 2024 and January 13, 2025 (the “Charter Amendment Proposal ”), (a) to extend the date by which we have to consummate a business combination from January 13, 2026 (the “ Termination Date ”) by up to eighteen (18) one-month extensions to July 13, 2027 (the “ Extended Date ”) and (b) to decrease the monthly extension fee (the “ Monthly Extension Loan ”) to the Adjusted Monthly Extension Loan commencing on January 13, 2026.

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Source: SEC EDGAR

accession 0001493152-26-002965

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