Risk Factors Update Summary
- The deadline for completing the initial business combination was extended from August 7, 2023, to November 5, 2024.
- A U.S. federal 1% excise tax could be imposed on certain repurchases or redemptions of stock.
- The amount available outside the trust account decreased from $525 million to $165 million.
- The number of authorized but unissued Class A ordinary shares increased from 472 million to 539 million.
- The potential expiration date for private placement warrants was extended to November 5, 2024.
- The company may be required to liquidate if deemed an investment company under the Investment Company Act.
- The Nasdaq may delist the company's securities, limiting investors' ability to trade.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1849548&owner=exclude
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