---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000041"
form_type: "8-K"
ticker: null
cik: "0001843248"
company_name: "Global System Dynamics, Inc."
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:40:23.298831+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global System Dynamics SPAC extends deadline to Aug 2023; $95M redeemed, trust drops to $14M

## Summary
- Stockholders approved extending business combination deadline by six months, to August 9, 2023.
- Approximately 9.15M public shares redeemed at ~$10.39/share, totaling ~$95.06M.
- Trust account reduced to ~$14.04M; only 1,343,154 public shares remain outstanding.
- Vote on extension passed with 9,468,935 for, 610,437 against; quorum was 75.64%.
- Adjournment proposal approved but not needed; no motion to adjourn was made.

## SEC filing metadata
- accession: 0001663577-23-000041
- form_type: 8-K
- cik: 0001843248
- company_name: Global System Dynamics, Inc.
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000041/0001663577-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000041/gsd8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000041
- JSON: https://secwatch.observer/filing/0001663577-23-000041.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000041.txt

## Key facts
- Governance Changes
  Global System Dynamics, Inc.: Extended the deadline to consummate a business combination by up to six additional months (from February 9, 2023 to August 9, 2023) (effective 2023-01-31).
  - Change: charter amendment
  - Effective: 2023-01-31
  source text: On January 31, 2023, the Company filed with the Secretary of State of the State of Delaware an amendment (the “ Extension Amendment ”) to the Company’s amended and restated certificate of incorporation to extend the date by which the Company must consummate a Business Combination up to six times, each by an additional month, for an aggregate of six additional months (i.e. from February 9, 2023 up to August 9, 2023) or such earlier date as determined by the board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000041/0001663577-23-000041-index.htm
- Shareholder Votes
  Global System Dynamics, Inc. shareholders approved To approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Proposal. at the 2023-01-31 meeting.
  - Outcome: passed
  - Meeting: 2023-01-31
  source text: Proposal 2. To approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Proposal. For Against Abstained 9,462,006 617,366 11
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000041/0001663577-23-000041-index.htm
- Shareholder Votes
  Global System Dynamics, Inc. shareholders approved To approve and adopt the Extension Proposal. at the 2023-01-31 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-01-31
  source text: Proposal 1. To approve and adopt the Extension Proposal. For Against Abstained 9,468,935 610,437 11
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000041/0001663577-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.