secwatch.observer — SEC 8-K summary
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Issuer:     Finnovate Acquisition Corp. (—)
CIK:        0001857855
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001641172-25-009706
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finnovate shareholders approve extension to Nov 8, 2025; ~$9M redeemed
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- Articles Extension Proposal approved with 3,571,244 votes for, 524 against at May 6 meeting.
- Deadline for business combination extended six months to November 8, 2025.
- Holders of 742,834 Class A shares redeemed for ~$12.18 per share, removing ~$9.0M from trust.
- Second Amended and Restated Memorandum and Articles filed with Cayman Registrar on May 8.
- Adjournment Proposal not voted on due to sufficient votes for extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857855/000164117225009706/0001641172-25-009706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857855/000164117225009706/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-009706

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