Insight Acquisition Corp. Files Definitive Proxy Statement

TL;DR

Insight Acquisition Corp. filed its proxy statement for the June 5th meeting. Shareholders vote soon.

AI Summary

Insight Acquisition Corp. /DE filed a definitive proxy statement on May 20, 2024, for its annual meeting on June 5, 2024. The company, incorporated in Delaware, is involved in patent ownership and leasing, with its principal executive offices located in New York City. This filing is a standard procedural document for public companies.

Why It Matters

This filing provides shareholders with essential information regarding upcoming voting matters at the company's annual meeting, allowing them to make informed decisions.

Risk Assessment

Risk Level: low — This is a routine SEC filing for a proxy statement, indicating standard corporate governance procedures rather than immediate financial risk.

Key Players & Entities

• Insight Acquisition Corp. /DE (company) — Registrant
• 0001213900-24-045267 (filing_id) — Accession Number
• 20240520 (date) — Filing Date
• 20240605 (date) — Meeting Date
• DE (state) — State of Incorporation
• New York (city) — Business Address City

FAQ

Key Financial Figures

• $20,000 — or the Company depositing the lesser of $20,000 and $0.02 for each outstanding share of
• $0.02 — ny depositing the lesser of $20,000 and $0.02 for each outstanding share of common st
• $120,000 — make Deposits of up to an aggregate of $120,000. The amounts loaned under the promissor
• $100,000 — e (including estimated taxes) and up to $100,000 of interest to pay dissolution expenses
• $11 — the Trust Account will be approximately $11.96, before netting out income taxes pay
• $11.64 — common stock on May 13, 2024 was $11.64. Accordingly, if the market price were
• $0.32 m — esult in a public stockholder receiving $0.32 more for each share than if such stockhol
• $11,978,050 — ficantly reduced from the approximately $11,978,050 that was in the Trust Account as of May
• $10.00 — count to below the lesser of (i) $10.00 per public share and (ii) the ac

Filing Documents

• ea0205447-02.htm (DEF 14A) — 486KB
• 0001213900-24-045267.txt ( ) — 487KB

RISK FACTORS

RISK FACTORS   16 SPECIAL MEETING OF THE COMPANY STOCKHOLDERS   20 THE THIRD EXTENSION AMENDMENT PROPOSAL   25 THE ADJOURNMENT PROPOSAL   26 INFORMATION ABOUT THE COMPANY   27 BENEFICIAL OWNERSHIP OF SECURITIES   28 DELIVERY OF DOCUMENTS TO STOCKHOLDERS   29 TRANSFER AGENT AND REGISTRAR   29 SUBMISSION OF STOCKHOLDER PROPOSALS   29 WHERE YOU CAN FIND MORE INFORMATION   30 ANNEX A   A-1 i Table of Contents INSIGHT ACQUISITION CORP. 333 East 91 st Street New York, NY 10128 SPECIAL MEETING OF STOCKHOLDERS TO BE HELD JUNE 5, 2024 PROXY STATEMENT DATED MAY 20, 2024 FIRST MAILED ON OR ABOUT MAY 20, 2024 The Special Meeting (the “Special Meeting”) of stockholders of Insight Acquisition Corp., a Delaware corporation (“we,” “us,” “our,” “INAQ” or the “Company”), will be held on Wednesday, June 5, 2024 at 10:30 a.m. Eastern Time. The Company will be holding the Special Meeting as a virtual meeting via the following information: Insight Acquisition Corp. Meeting Date: Wednesday, June 5, 2024 Meeting Time: 10:30 a.m. Eastern Time (EDT) Special Meeting -meeting webpage (information, webcast, telephone access and replay): https://www.cstproxy.com/insightacqcorp/2024 Telephone access (listen -only ): Within the U.S. and Canada: 1 800 -450-7155  (toll -free ) Outside of the U.S. and Canada: +1 857 -999-9155 (standard rates apply) Conference ID: 1261574# You are cordially invited to attend the Special Meeting for the purpose of considering and voting upon the following proposals: Proposal 1 — A proposal to amend (the “ Third Extension Amendment ”) the Company’s amended and restated certificate of incorporation, as amended (

View Full Filing

View this DEF 14A filing on SEC EDGAR