---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-22-019398"
form_type: "8-K"
ticker: "MLGO"
cik: "0001800392"
company_name: "MicroAlgo Inc."
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T16:00:38.302826+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Venus Acquisition shareholders approve extension to Dec 11; ~75% of shares redeemed

## Summary
- Extension proposal passed with 4,653,500 votes for, 4 against; abstentions 0.
- As of Nov 8, total shares submitted for redemption reached 4,559,459, including 12,064 from extension meeting.
- Net redeemed shares stand at 4,522,704, representing 74.76% of outstanding ordinary shares.
- Extension provides until Dec 11, 2022 to close business combination with VIYI Algorithm Inc. (to become MicroAlgo Inc.).
- High redemption rate severely reduces trust cash available for the post-business combination entity.

## SEC filing metadata
- accession: 0001829126-22-019398
- form_type: 8-K
- ticker: MLGO
- cik: 0001800392
- company_name: MicroAlgo Inc.
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800392/000182912622019398/0001829126-22-019398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800392/000182912622019398/venusacquisition_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-22-019398
- JSON: https://secwatch.observer/filing/0001829126-22-019398.json
- Plain text: https://secwatch.observer/filing/0001829126-22-019398.txt

## Key facts
- Shareholder Votes
  MicroAlgo Inc. shareholders approved Approval to amend Venus’ amended and restated memorandum and articles of association to extend the date by which Venus must consummate a business combination to December 11, 2022 at the 2022-11-10 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2022-11-10
  source text: Proposal 1: Approval to amend Venus’ amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) to extend the date by which Venus must consummate a business combination to December 11, 2022 (the “Extension Proposal” or “Proposal 1”). For Against Abstain 4,653,500 4 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800392/000182912622019398/0001829126-22-019398-index.htm

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