PowerUp Acquisition Corp. Files 8-K on Shareholder Vote and Financials
Ticker: ASBPW · Form: 8-K · Filed: Feb 10, 2025 · CIK: 1847345
Sentiment: neutral
Topics: 8-K, corporate-actions, financials
Related Tickers: PWUP
TL;DR
PowerUp Acquisition Corp. filed an 8-K on Feb 4, 2025, covering shareholder votes and financials.
AI Summary
PowerUp Acquisition Corp. filed an 8-K on February 10, 2025, reporting events as of February 4, 2025. The filing primarily concerns the submission of matters to a vote of security holders, other events, and financial statements and exhibits. The company, previously known as PowsedrUp Acquisition Corp., is incorporated in the Cayman Islands and operates in the Pharmaceutical Preparations sector.
Why It Matters
This 8-K filing indicates significant corporate actions and disclosures by PowerUp Acquisition Corp., including matters requiring shareholder approval and the release of financial information.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting on corporate events and financial statements, not indicating immediate significant financial distress or major strategic shifts.
Key Players & Entities
- PowerUp Acquisition Corp. (company) — Registrant
- PowsedrUp Acquisition Corp. (company) — Former company name
- February 4, 2025 (date) — Earliest event reported date
- February 10, 2025 (date) — Filing date
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 are the key financial statements and exhibits included in this filing?
The filing states that financial statements and exhibits are included, but the excerpt does not list their specific contents.
When was PowerUp Acquisition Corp. incorporated?
The excerpt states the company is incorporated in the Cayman Islands, but does not provide the incorporation date.
What is the Standard Industrial Classification (SIC) code for PowerUp Acquisition Corp.?
The SIC code for PowerUp Acquisition Corp. is 2834, which corresponds to Pharmaceutical Preparations.
What was the previous name of PowerUp Acquisition Corp.?
The former name of PowerUp Acquisition Corp. was PowsedrUp Acquisition Corp., with a name change date of February 22, 2021.
Filing Stats: 3,102 words · 12 min read · ~10 pages · Grade level 14.8 · Accepted 2025-02-10 16:20:21
Key Financial Figures
- $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one-half of one Redeemab
- $11.50 — able for one Class A Ordinary Share for $11.50 per share, included as part of the unit
- $35,500 — horized share capital of PowerUp from US$35,500 divided into (i) 300,000,000 Class A or
- $5,802,222.33 — ic offering. As a result, approximately $5,802,222.33 ($11.43 per share) will be removed from
- $11.43 — a result, approximately $5,802,222.33 ($11.43 per share) will be removed from the Com
Filing Documents
- form8-k.htm (8-K) — 97KB
- 0001493152-25-005641.txt ( ) — 326KB
- pwup-20250204.xsd (EX-101.SCH) — 4KB
- pwup-20250204_def.xml (EX-101.DEF) — 27KB
- pwup-20250204_lab.xml (EX-101.LAB) — 37KB
- pwup-20250204_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 7KB
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. POWERUP ACQUISITION CORP. By: /s/ Surendra Ajjarapu Surendra Ajjarapu Chief Executive Officer Date: February 10, 2025