8-K
filed March 12, 2024, 7:59 PM ET
CIK 0001845942
other material
confidence high
sentiment neutral
materiality 0.70
Bannix shareholders extend deadline to Sept 2024; 1.38M shares redeemed at $10.99
Bannix Acquisition Corp.
- Shareholders approved Extension Amendment to extend business combination deadline from March 14, 2024 to September 14, 2024, with up to six monthly extensions.
- Also approved removal of $5,000,001 net tangible asset redemption limitation (NTA Amendment) and Trust Amendment to facilitate extension.
- Stockholders redeemed 1,381,866 shares at ~$10.99/share, removing ~$15.19M from trust account; 4,081,747 shares remain outstanding.
- Six directors were elected (Douglas Davis, Craig J. Marshak, Jamal Khurshid, Eric T. Shuss, Ned L. Siegel, Subash Menon) and RBSM LLP ratified as auditor.
- All voting items received over 86% support; 93.05% of eligible shares were represented at the meeting.
Key facts
Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Bannix Acquisition Corp. amended Trust Amendment with Continental Stock Transfer & Trust Company (effective 2024-03-08).
- Action
- amendment
- Counterparty
- Continental Stock Transfer & Trust Company
- Effective
- 2024-03-08
Exact text from the filing
(the “Company”) and Continental Stock Transfer & Trust Company (the “Trustee”) entered into an amendment, dated March 8, 2024 (the “Trust Amendment”) to the Investment Management Trust Agreement, dated as of September 14, 2021,
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Bannix Acquisition Corp. shareholders approved Trust Amendment at the 2024-03-08 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-03-08
Exact text from the filing
Stockholders approved the Trust Amendment. The voting results were as follows: FOR AGAINST ABSTAIN 4,399,754 52,693 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Bannix Acquisition Corp. shareholders approved Ratification of appointment of RBSM LLP as independent auditor for fiscal year 2023 at the 2024-03-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-03-08
Exact text from the filing
Ratified the appointment of RBSM LLP as the Company’s independent auditors for the fiscal year ending December 31, 2023. FOR AGAINST ABSTAIN 4,896,989 37,783 149,542
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Bannix Acquisition Corp. shareholders approved Election of six directors at the 2024-03-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-03-08
Exact text from the filing
The following directors were elected to the board. FOR WITHHELD Douglas Davis 3,967,459 164,427 Craig J. Marshak 4,250,237 164,427 Jamal “Jamie” Khurshid 4,250,237 164,427 Eric T. Shuss 4,250,237 164,427 Ned L. Siegel 4,250,237 164,427 Subash Menon 4,250,237 164, 427
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Bannix Acquisition Corp. shareholders approved NTA Amendment at the 2024-03-08 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-03-08
Exact text from the filing
Stockholders approved the NTA Amendment. The voting results were as follows: FOR AGAINST ABSTAIN 4,414,639 37,808 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Bannix Acquisition Corp. shareholders approved Extension Amendment at the 2024-03-08 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-03-08
Exact text from the filing
Stockholders approved the Extension Amendment. The voting results were as follows: FOR AGAINST ABSTAIN 4,399,754 52,693 0
View on SEC.gov
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