Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Mountain Crest Acquisition Corp. IV: Extended business combination period from July 2, 2023 to January 2, 2024 (effective 2023-06-22).
- Change
- charter amendment
- Effective
- 2023-06-22
Exact text from the filing
As approved by its stockholders at the special meeting of Stockholders held on June 22, 2023 (the “Special Meeting”), Mountain Crest Acquisition Corp IV (“SPAC”) filed an amendment to its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State on June 22, 2023 (the “Extension Amendment”), giving SPAC the right to extend the time for SPAC to complete its business combination (the “Business Combination Period”) from July 2, 2023 to January 2, 2024.
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Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Mountain Crest Acquisition Corp. IV shareholders approved Extension Amendment to amend charter to extend business combination period from July 2, 2023 to January 2, 2024 at the 2023-06-22 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-06-22
Exact text from the filing
Stockholders approved the proposal to amend the Company’s amended and restated certificate of incorporation, as amended (the “ Charter ”), to extend the Business Combination Period from July 2, 2023 to January 2, 2024 in exchange for the Company depositing $250,000 into the Trust Fund as defined in the Charter (the “ Extension Amendment ”). Adoption of the Extension Amendment required approval by the affirmative vote of at least a majority of SPAC’s outstanding shares of common stock. The voting results were as follows: FOR AGAINST ABSTAIN 4,704,065 101 0
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