--- schema_version: "secwatch.filing_event.v1" accession: "0001829126-23-002747" form_type: "8-K" ticker: null cik: "0001865045" company_name: "FAT PROJECTS ACQUISITION CORP" filed_at: "2023-04-14T23:59:59+00:00" generated_at: "2026-06-17T02:10:45.752429+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # FATP shareholders approve extension; 4.96M shares redeemed; first extension to May 15, 2023 ## Summary - Shareholders approved Charter and Trust Agreement amendments, allowing up to nine 1-month extensions to Jan 15, 2024. - Holders of 4,956,145 public shares redeemed for cash, leaving 485,593 public shares outstanding. - Company will deposit $24,279.65 for first extension to May 15, 2023, to complete Avanseus business combination. - Extension changes: prior cost was $0.0575 per share; new cost is lesser of $50,000 or $0.05 per share per extension. ## SEC filing metadata - accession: 0001829126-23-002747 - form_type: 8-K - cik: 0001865045 - company_name: FAT PROJECTS ACQUISITION CORP - filed_at: 2023-04-14T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 1.01, 3.03, 5.03, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1865045/000182912623002747/0001829126-23-002747-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865045/000182912623002747/fatprojects_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001829126-23-002747 - JSON: https://secwatch.observer/filing/0001829126-23-002747.json - Plain text: https://secwatch.observer/filing/0001829126-23-002747.txt ## Key facts - Governance Changes FAT PROJECTS ACQUISITION CORP: Amended memorandum and articles of association to allow up to nine one-month extensions of the business combination deadline from April 15, 2023 to January 15, 2024 (effective 2023-04-14). - Change: charter amendment - Effective: 2023-04-14 source text: The shareholders of the Company approved the Second Amendment to the Amended and Restated Memorandum and Articles of Association of the Company at the April 14, 2023, special meeting, giving the Company the right to extend the date by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses (a “business combination”) or else (ii) cease its operations if it fails to complete such business combination, and redeem or repurchase 100% of the Company’s Class A Ordinary Shares included as part of the units sold in the Company’s initial public offering that closed on October 15, 2021 (the “IPO”) from April 15, 2023 (the “Termination Date”) by up to nine (9) one-month extensions to January 15, 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/1865045/000182912623002747/0001829126-23-002747-index.htm - Shareholder Votes FAT PROJECTS ACQUISITION CORP shareholders approved Extension Amendment Proposal - extending the date to consummate a business combination to January 15, 2024 at the 2023-04-14 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-04-14 source text: Proposal 1 - Extension Amendment Proposal The Shareholders approved the Extension Amendment Proposal, giving the Company the right to extend the date by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses (a “business combination”) or else (ii) cease its operations if it fails to complete such business combination and redeem or repurchase 100% of the Company’s Class A Ordinary Shares included as part of the units sold in the Company’s initial public offering that closed on October 15, 2021 (the “IPO”) from April 15, 2023 (the “Termination Date”) by up to nine (9) one-month extensions to January 15, 2024 (each of which we refer to as an “Extension”, and such later date, the “Extended Deadline”) provided that (i) the Company or its Sponsor (or any of either of their affiliates or permitted designees) will deposit on or prior to (i) in case evidence_url: https://www.sec.gov/Archives/edgar/data/1865045/000182912623002747/0001829126-23-002747-index.htm - Shareholder Votes FAT PROJECTS ACQUISITION CORP shareholders approved Trust Amendment Proposal - amending the Trust Agreement to extend the liquidation date to January 15, 2024 at the 2023-04-14 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-04-14 source text: Proposal 2 – Trust Amendment Proposal The Shareholders approved the Trust Amendment Proposal, pursuant to which the Investment Management Trust Agreement (the “Trust Agreement”), dated October 12, 2021, as amended by Amendment No. 1 thereto dated January 13, 2023, by and between the Company and Continental Stock Transfer & Trust Company, as trustee (“Continental”), was amended to extend the date on which Continental must liquidate the Trust Account (the “Trust Account”) established in connection with the IPO if the Company has not completed its initial business combination, from April 15, 2023 to January 15, 2024 (or such earlier date after April 15, 2023, as determined by the Company’s Board). The following is a tabulation of the voting results: Ordinary Shares: Votes For Votes Against Abstentions Broker Non-Votes 5,901,894 (70.00%) 1,194,862 (14.17%) – – evidence_url: https://www.sec.gov/Archives/edgar/data/1865045/000182912623002747/0001829126-23-002747-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.