---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-002021"
form_type: "8-K"
ticker: null
cik: "0001865191"
company_name: "TG Venture Acquisition Corp."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:00:57.815871+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TG Venture Acquisition extends deadline to May 5, 2024; shareholders redeemed ~$5.16M

## Summary
- Stockholders approved extension of business combination deadline from Nov 5, 2023 to May 5, 2024.
- 467,026 shares redeemed at ~$11.04 per share, aggregate ~$5.16M.
- Approximately $9.59M remains in trust account; 3,815,319 shares outstanding post-redemption.
- Fourth trust amendment allows trust funds to be held in interest-bearing demand deposit account.
- Sponsor Tsangs Group Holdings Limited can request up to five monthly one-month extensions without another vote.

## SEC filing metadata
- accession: 0001731122-23-002021
- form_type: 8-K
- cik: 0001865191
- company_name: TG Venture Acquisition Corp.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002021/0001731122-23-002021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002021/e5176_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-002021
- JSON: https://secwatch.observer/filing/0001731122-23-002021.json
- Plain text: https://secwatch.observer/filing/0001731122-23-002021.txt

## Key facts
- Governance Changes
  TG Venture Acquisition Corp.: Extended the deadline to consummate a business combination from November 5, 2023 to up to May 5, 2024, with an initial extension to December 5, 2023 and the option for monthly extensions up to six total months (effective 2023-11-01).
  - Change: charter amendment
  - Effective: 2023-11-01
  source text: The Charter Amendment was filed with the Delaware Secretary of State and has an effective date of November 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002021/0001731122-23-002021-index.htm
- Shareholder Votes
  TG Venture Acquisition Corp. shareholders approved Amendment to the Charter to extend the date by which the Company must consummate a business combination from November 5, 2023 to December 5, 2023, and to allow the Company, without another stockholder vote, to elect to extend the Combination Period on a monthly basis for up to five times by an addit.
  - Proposal: charter amendment
  - Outcome: passed
  source text: FOR AGAINST ABSTAIN 3,657,543 3 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002021/0001731122-23-002021-index.htm
- Shareholder Votes
  TG Venture Acquisition Corp. shareholders approved Amendment to the Trust Agreement, allowing the Company to extend the date by which the Trust Account is to be liquidated pursuant to the Trust Agreement, from November 5, 2023 to May 5, 2024..
  - Outcome: passed
  source text: FOR AGAINST ABSTAIN 3,657,543 3 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002021/0001731122-23-002021-index.htm

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