secwatch.observer — SEC 8-K summary
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Issuer:     Royalty Management Holding Corp (RMCO)
CIK:        0001843656
Form:       8-K/A
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001654954-22-003916
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 9.01, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

AMAO shareholders approve extension to Sept 2022; 8.9M shares redeemed for $90M
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- Shareholders approved extension of business combination deadline from March 22 to Sept 22, 2022.
- 8,943,317 shares redeemed at ~$10.10 per share, removing $90.3M from trust account.
- Forward Share Purchase Agreements with accredited investors cover 1,123,499 shares at $10.35 each.
- Company deposited $280,874.75 into escrow to fund $0.25 per share premium over trust redemption value.
- Participating investors agreed not to redeem shares in connection with the extension vote.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843656/000165495422003916/0001654954-22-003916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843656/000165495422003916/amao_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-003916

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