Atlantic Coastal Acquisition Corp. II Files 8-K
Ticker: ABPWW · Form: 8-K · Filed: Sep 20, 2024 · CIK: 1893219
Sentiment: neutral
Topics: corporate-action, filing
TL;DR
ACQ2 filed an 8-K on 9/19/24 covering corporate votes and charter changes.
AI Summary
Atlantic Coastal Acquisition Corp. II filed an 8-K on September 19, 2024, reporting on matters submitted to a vote of security holders and amendments to its articles of incorporation. The filing also includes financial statements and exhibits, with the company's fiscal year ending on December 31.
Why It Matters
This 8-K filing indicates corporate actions and voting matters for Atlantic Coastal Acquisition Corp. II, which could impact its strategic direction and shareholder value.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain significant negative news or events.
Key Numbers
- 001-41224 — SEC File Number (Identifier for Atlantic Coastal Acquisition Corp. II)
- 87-1013956 — IRS Number (Employer Identification Number)
Key Players & Entities
- Atlantic Coastal Acquisition Corp. II (company) — Registrant
- September 19, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 1231 (date) — Fiscal Year End
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
What amendments were made to the articles of incorporation or bylaws?
The filing states that there were amendments to the articles of incorporation or bylaws, but the specific nature of these amendments is not detailed in the provided text.
What is the primary business of Atlantic Coastal Acquisition Corp. II?
Atlantic Coastal Acquisition Corp. II is in the business of Biological Products (No Diagnostic Substances), SIC code 2836.
When is the fiscal year end for Atlantic Coastal Acquisition Corp. II?
The fiscal year end for Atlantic Coastal Acquisition Corp. II is December 31 (1231).
What is the address of Atlantic Coastal Acquisition Corp. II?
The business and mail address for Atlantic Coastal Acquisition Corp. II is 6 St Johns Lane, Floor 5, New York, NY 10013.
Filing Stats: 1,064 words · 4 min read · ~4 pages · Grade level 13.1 · Accepted 2024-09-20 16:01:53
Key Financial Figures
- $0.0001 — of one share of Series A common stock, $0.0001 par value, and one-half of one redeemab
- $11.50 — A common stock at an exercise price of $11.50 ACABW The Nasdaq Stock Market LLC
- $0.03 — it of the Company's public stockholders $0.03 for each Public Share that is not redee
- $11.27 — will receive a payment of approximately $11.27 per share redeemed. Item9.01 Financia
Filing Documents
- d576301d8k.htm (8-K) — 33KB
- d576301dex31.htm (EX-3.1) — 15KB
- 0001193125-24-222871.txt ( ) — 226KB
- acab-20240919.xsd (EX-101.SCH) — 4KB
- acab-20240919_def.xml (EX-101.DEF) — 15KB
- acab-20240919_lab.xml (EX-101.LAB) — 24KB
- acab-20240919_pre.xml (EX-101.PRE) — 16KB
- d576301d8k_htm.xml (XML) — 7KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On September 19, 2024, the Company held a Special Meeting of Stockholders to vote upon the proposal to amend the Charter described in Item 5.03. An aggregate of 538,506 shares of the Company's common stock, which represented a quorum of the outstanding common stock entitled to vote as of the record date of August 22, 2024, were represented in person or by proxy at the Special Meeting. The Company's stockholders voted on the following proposal at the Special Meeting, which was approved: (1) Proposal No. 1 — The Charter Amendment Proposal — a proposal to amend the Charter to extend the date by which the Company must consummate a Business Combination (the " Charter Amendment Proposal "). The following is a tabulation of the votes with respect to this proposal, which was approved by the Company's stockholders: For Against Abstain Broker Non-Votes 517,796 20,710 0 N/A As of the close of business on September 19, 2024, stockholders holding a total of 126,122 public shares of Series A common stock exercised and did not reverse, their right to redeem their public shares in connection with the vote upon the Charter Amendment Proposal. As a result of the foregoing, those holders will receive a payment of approximately $11.27 per share redeemed. Item9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Amendment No. 3 to the Amended and Restated Certificate of Incorporation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 20, 2024 ATLANTIC COASTAL ACQUISITION CORP. II By: /s/ Shahraab Ahmad Shahraab Ahmad Chief Executive Officer