Healthcare AI Acquisition Corp. Files 8-K
Ticker: HAIAF · Form: 8-K · Filed: Nov 27, 2024 · CIK: 1848861
| Field | Detail |
|---|---|
| Company | Healthcare Ai Acquisition CORP. (HAIAF) |
| Form Type | 8-K |
| Filed Date | Nov 27, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $11.50, $100,000, $10.00, $15,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-action, financial-obligation
Related Tickers: HAIA
TL;DR
HAIA filed an 8-K on Nov 27, reporting corporate changes and financial obligations.
AI Summary
Healthcare AI Acquisition Corp. filed an 8-K on November 27, 2024, reporting several events including the creation of a direct financial obligation, amendments to its articles of incorporation, and matters submitted to a vote of security holders. The company, a blank check company, is based in Albany, NY.
Why It Matters
This filing indicates significant corporate actions and potential financial obligations for Healthcare AI Acquisition Corp., which could impact its future operations and investor value.
Risk Assessment
Risk Level: medium — The filing involves corporate actions and potential financial obligations, which inherently carry some level of risk for investors.
Key Players & Entities
- Healthcare AI Acquisition Corp. (company) — Registrant
- November 27, 2024 (date) — Date of earliest event reported
- Albany, NY (location) — Business Address
FAQ
What specific financial obligation was created by Healthcare AI Acquisition Corp.?
The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant' but does not specify the exact nature or amount in the provided text.
What amendments were made to Healthcare AI Acquisition Corp.'s articles of incorporation or bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the excerpt.
What matters were submitted to a vote of Healthcare AI Acquisition Corp.'s security holders?
The filing lists 'Submission of Matters to a Vote of Security Holders' as an item, but the specific proposals voted upon are not detailed in this excerpt.
What is the SIC code for Healthcare AI Acquisition Corp.?
The Standard Industrial Classification (SIC) code for Healthcare AI Acquisition Corp. is 6770, which corresponds to 'BLANK CHECKS'.
When is Healthcare AI Acquisition Corp.'s fiscal year end?
Healthcare AI Acquisition Corp.'s fiscal year ends on December 31.
Filing Stats: 1,270 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-11-27 16:15:15
Key Financial Figures
- $0.0001 — LLC Class A Ordinary Share, par value $0.0001 per share HAIA The Nasdaq Stock Mar
- $11.50 — able for one Class A Ordinary Share for $11.50 per share HAIAW The Nasdaq Stock Ma
- $100,000 — ory note (the " Note ") in an amount of $100,000, to Leading Group Limited (" LEADING ")
- $10.00 — share, at a share price of Ten Dollars ($10.00) per share. The foregoing description
- $15,000 — ng into the trust account the lesser of $15,000 or $0.033 per non-redeemed public share
- $0.033 — trust account the lesser of $15,000 or $0.033 per non-redeemed public share for each
- $2,235,721.75 — redemption. As a result, approximately $2,235,721.75 (approximately $11.60 per share) will b
- $11.60 — roximately $2,235,721.75 (approximately $11.60 per share) will be removed from the Com
- $4,632,266.81 — B Share outstanding, and approximately $4,632,266.81 will remain in the Company's Trust Acco
Filing Documents
- haia_8k.htm (8-K) — 44KB
- haia_ex101.htm (EX-10.1) — 29KB
- 0001477932-24-007707.txt ( ) — 233KB
- haia-20241127.xsd (EX-101.SCH) — 6KB
- haia-20241127_lab.xml (EX-101.LAB) — 18KB
- haia-20241127_cal.xml (EX-101.CAL) — 1KB
- haia-20241127_pre.xml (EX-101.PRE) — 13KB
- haia-20241127_def.xml (EX-101.DEF) — 4KB
- haia_8k_htm.xml (XML) — 7KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On November 26, 2024, Healthcare AI Acquisition Corp. (the " Company ") held an general annual meeting (the " General Annual Meeting "). As approved by its shareholders at the General Annual Meeting, the following proposal was approved as a special resolution, giving the Company the right to extend the date by which it has to complete a business combination from December 14, 2024 on a month-to-month basis until May 14, 2025 (each month so extended, the " Extended Date "), by depositing into the trust account the lesser of $15,000 or $0.033 per non-redeemed public share for each monthly extension deposited into the Company's trust account (the " Trust Account "), held by Continental Stock Transfer & Trust Company (the " Extension Amendment Proposal ").
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On November 26, 2024, the Company held the General Annual Meeting. On October 25, 2024, the record date for the Special Meeting, there were 5,982,451 ordinary shares entitled to be voted at the Special Meeting. This includes 5,982,450 Class A Shares issued and outstanding and one Class B Share issued and outstanding (together being the issued and outstanding ordinary shares of the Company, referred to as the " Shares "). At the General Annual Meeting, 5,729,058 or 95.76% of such Shares were represented in person or by proxy. The final results for each of the matters submitted to a vote of the Company's shareholders at the General Annual Meeting are as follows: 1. Extension Amendment Proposal Shareholders approved the proposal to amend the Company's Articles of Association as a special resolution, giving the Company the right to extend the date by which it has to complete a business combination from December 14, 2024 on a month-to-month basis until May 14, 2025 by depositing into the trust account the lesser of $15,000 or $0.033 per non-redeemed public share for each monthly extension deposited into the Company's Trust Account. Approval of the Extension Amendment Proposal required a special resolution under Cayman Islands law, being a resolution passed by a majority of not less than two-thirds (2/3) of such holders of the issued and outstanding Ordinary Shares voted in person or by proxy at the General Annual Meeting or any adjournment thereof. The Extension Amendment Proposal received the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 5,376,412 16,654 0 335,992 2. Ratification of Auditors Proposal Shareholders approved the proposal to amend the Company's Articles of Association as an ordinary resolution to approve Bush Associates CPA LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Approval of the Ratification of
01. Other Events
Item 8.01. Other Events. In connection with the shareholders' vote at the General Annual Meeting of Shareholders held by the Company on November 26, 2024, 192,664 shares were tendered for redemption. As a result, approximately $2,235,721.75 (approximately $11.60 per share) will be removed from the Company's Trust Account to pay such holders, without taking into account additional allocation of payments to cover any tax obligation of the Company since that date. Following redemptions, the Company will have 5,789,786 Class A Shares outstanding, and one Class B Share outstanding, and approximately $4,632,266.81 will remain in the Company's Trust Account.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 10.1 Promissory Note dated November 21, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 3 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. HEALTHCARE AI ACQUISITION CORP. Dated: November 27, 2024 By: /s/ Jiande Chen Name: Jiande Chen Title: Chief Executive Officer 4