--- schema_version: "secwatch.filing_event.v1" accession: "0001753926-24-000178" form_type: "8-K" ticker: null cik: "0001849902" company_name: "SEP Acquisition Corp." filed_at: "2024-01-30T23:59:59+00:00" generated_at: "2026-06-06T15:14:38.145502+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.8 calibrated_materiality_score: 0.8 confidence: "high" source: SEC EDGAR --- # SEP Acquisition Corp. stockholders and warrant holders approve SANUWAVE business combination; ~495K shares redeemed ## Summary - Stockholders approved merger with SANUWAVE, name change to SANUWAVE Health, Inc., and charter amendments including board declassification. - Warrant holders approved amendment canceling warrants for 450,336 public shares and 400,000 private placement shares upon closing. - Holders of 495,067 Class A common stock elected to redeem shares at per-share price per company charter. - Stockholders approved SANUWAVE Health 2023 Equity Incentive Plan effective at closing. - Redemption limitation in charter removed to allow redemptions even if net tangible assets fall below $5,000,001. ## SEC filing metadata - accession: 0001753926-24-000178 - form_type: 8-K - cik: 0001849902 - company_name: SEP Acquisition Corp. - filed_at: 2024-01-30T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.8 - calibrated_materiality_score: 0.8 - confidence: high - sec_items: 3.03, 5.03, 5.02, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/g083987_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001753926-24-000178 - JSON: https://secwatch.observer/filing/0001753926-24-000178.json - Plain text: https://secwatch.observer/filing/0001753926-24-000178.txt ## Key facts - Governance Changes SEP Acquisition Corp.: Removal of redemption limitation from the charter to allow redemption even if net tangible assets would fall below $5,000,001, conditional on business combination closing. - Change: charter amendment source text: to remove from the Current Charter the redemption limitation contained under Section 9.2(a) of the Current Charter preventing the Company from redeeming shares of Class A common stock if it would have less than $5,000,001 of net tangible assets. evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Amendment to remove redemption limitation from charter. - Proposal: charter amendment - Outcome: passed source text: Proposal 1: To consider and vote on an amendment to the Current Charter evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Name Change Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,623 3,778 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Approval of issuance of more than 20% of shares and change in control in connection with Business Combination. - Proposal: equity plan - Outcome: passed source text: Non-Votes 5,141,301 100 5,100 0 Proposal 2: To consider and vote on a proposal to approve the Merger Agreement and the transactions contemplated thereby, including evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Removal of Director Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,141,301 100 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Amendment of Bylaws Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,619 3,782 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Dual Class Structure Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,623 3,778 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Blank-Check Company Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,623 3,778 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Action by Written Consent Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,619 3,782 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Corporate Opportunity Doctrine Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,623 3,778 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Approval of Merger Agreement and Business Combination. - Proposal: merger approval - Outcome: passed source text: Proposal 2: To consider and vote on a proposal to approve the Merger Agreement and the transactions contemplated thereby evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Replacement of Current Charter with Proposed Charter including name change and removal of blank check provisions. - Proposal: charter amendment - Outcome: passed source text: Non-Votes 5,141,301 100 5,100 0 Proposal 2: To consider and vote on a proposal to approve the Merger Agreement and the transactions contemplated thereby, including evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm - Shareholder Votes SEP Acquisition Corp. shareholders approved Classified Board Structure Charter Amendment. - Proposal: charter amendment - Outcome: passed source text: For Against Abstained Broker Non-Votes 5,137,623 3,778 5,100 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1849902/000175392624000178/0001753926-24-000178-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.