Insight Acquisition Corp. Files 8-K with Financial Exhibits
Ticker: AMODW · Form: 8-K · Filed: Oct 8, 2024 · CIK: 1862463
Sentiment: neutral
Topics: financial-statements, exhibits, corporate-structure
Related Tickers: INAQ
TL;DR
Insight Acquisition Corp. filed an 8-K on Oct 8, 2024, detailing its stock and warrants. #SECfiling
AI Summary
Insight Acquisition Corp. /DE filed an 8-K on October 8, 2024, reporting financial statements and exhibits. The filing pertains to the company's structure, including its Class Common Stock and Redeemable Warrants, with a par value of $0.0001 per share and an exercise price of $11.50 for the warrants. The company is incorporated in Delaware and has its fiscal year end on December 31.
Why It Matters
This filing provides updated information on Insight Acquisition Corp.'s financial structure and securities, which is crucial for investors to understand the company's current standing and potential future actions.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting financial statements and exhibits, not indicating any immediate material changes or negative events.
Key Numbers
- 0.0001 — Par Value Per Share (Class Common Stock par value)
- 11.50 — Warrant Exercise Price (Redeemable Warrants exercise price)
Key Players & Entities
- Insight Acquisition Corp. /DE (company) — Registrant
- October 8, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 001-40775 (string) — Commission File Number
- 86-3386030 (string) — I.R.S. Employer Identification Number
- Class Common Stock (security) — Company Stock Type
- Redeemable Warrants (security) — Company Warrant Type
- 11.50 (dollar_amount) — Warrant Exercise Price
FAQ
What is the primary purpose of this 8-K filing by Insight Acquisition Corp.?
The primary purpose of this 8-K filing is to report financial statements and exhibits as of October 8, 2024.
What is the par value of Insight Acquisition Corp.'s Class Common Stock?
The par value of Insight Acquisition Corp.'s Class Common Stock is $0.0001 per share.
What is the exercise price for Insight Acquisition Corp.'s Redeemable Warrants?
The exercise price for Insight Acquisition Corp.'s Redeemable Warrants is $11.50.
In which jurisdiction is Insight Acquisition Corp. incorporated?
Insight Acquisition Corp. is incorporated in Delaware.
What is the Commission File Number for Insight Acquisition Corp.?
The Commission File Number for Insight Acquisition Corp. is 001-40775.
Filing Stats: 1,972 words · 8 min read · ~7 pages · Grade level 15.1 · Accepted 2024-10-08 14:15:39
Key Financial Figures
- $0.0001 — , LLC Class A Common Stock, par value $0.0001 per share INAQ The Nasdaq Stock Mar
- $11.50 — A Common Stock at an exercise price of $11.50 INAQW The Nasdaq Stock Market, LLC
Filing Documents
- ea0217086-8k425_insight.htm (8-K) — 48KB
- 0001213900-24-086217.txt ( ) — 274KB
- inaq-20241008.xsd (EX-101.SCH) — 4KB
- inaq-20241008_def.xml (EX-101.DEF) — 27KB
- inaq-20241008_lab.xml (EX-101.LAB) — 37KB
- inaq-20241008_pre.xml (EX-101.PRE) — 25KB
- ea0217086-8k425_insight_htm.xml (XML) — 7KB
01. Other Information
Item 8.01. Other Information. On October 8, 2024, the Board of Directors of Insight Acquisition Corp. (the "Company") determined to postpone its special meeting of stockholders (the "Special Meeting") that is currently scheduled for October 14, 2024 at 10:30 a.m. to October 23, 2024 at 11:00 a.m. The Company will open the Special Meeting on October 14, 2024 at 10:30 a.m. to formally adjourn the Special Meeting to October 23, 2024 at 11:00 a.m. and no other business will be conducted at the October 14, 2024 Special Meeting. The Company's stockholders will be able to attend the Special Meeting via live webcast at https://cstproxy.com/insightacqcorp/sm2024. The Company plans to continue to solicit proxies from stockholders during the period prior to the Special Meeting. Only the holders of the Company's common stock as of the close of business on September 18, 2024, the record date for the Special Meeting, are entitled to vote at the Special Meeting. Extension of the Redemption In connection with the adjournment of the Special Meeting, the Company is extending the deadline for stockholders of the Company to exercise their redemption rights to Monday, October 21, 2024 at 5:00 p. m. Accordingly, all stockholders have until October 21, 2024 at 5:00 p.m. to redeem their shares and any stockholder who has previously tendered its shares for redemption and now decides that it does not want to redeem its shares, the stockholder may still withdraw the tender. If you delivered your shares for redemption to the transfer agent and decide prior to the vote at the Special Meeting (now scheduled for 11:00 a.m. Eastern time on October 23, 2024) not to redeem your public shares, you may request that the transfer agent return the shares (physically or electronically). You may make such request by contacting the transfer agent at: Continental Stock Transfer & Trust Company 1 State Street Plaza, 30th Floor New York, New York 10004 Attn: SPAC Redemption Team e-mail: spacredemp
Forward-Looking Statements
Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Insight's and Alpha Modus' actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Insight's and Alpha Modus' expectations with respect to future performance and anticipated financial impacts of the proposed Business Combination, the satisfaction of the closing conditions to the proposed Business Combination, and the timing of the completion of the proposed Business Combination. These forward-looking the forward-looking statements. Most of these factors are outside Insight's and Alpha Modus' control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the business combination agreement between Insight and Alpha Modus (the "BCA"); (2) the outcome of any legal proceedings that may be instituted against Insight and Alpha Modus following the announcement of the BCA and the transactions contemplated therein; (3) the inability to complete the proposed the proposed Business Combination, including due to failure t
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. EXHIBIT NO. DESCRIPTION 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
SIGNATURES
SIGNATURES 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: October 8, 2024 INSIGHT ACQUISITION CORP. By: /s/ Michael Singer Name: Michael Singer Title: Executive Chairman and Chief Executive Officer 4