Jaws Mustang Acquisition Corp. Files 8-K on Shareholder Matters

TL;DR

JWSM filed an 8-K on Nov 26, 2024, covering shareholder votes and corporate changes. Check for details.

AI Summary

Jaws Mustang Acquisition Corp. filed an 8-K on November 29, 2024, reporting on matters voted on by security holders and amendments to its articles of incorporation or bylaws as of November 26, 2024. The filing also includes financial statements and exhibits. The company is incorporated in the Cayman Islands and has a fiscal year end of December 31.

Why It Matters

This filing provides updates on corporate governance and shareholder decisions for Jaws Mustang Acquisition Corp., which could impact its strategic direction and investor relations.

Risk Assessment

Risk Level: low — This is a routine 8-K filing detailing corporate actions and shareholder matters, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

• Jaws Mustang Acquisition Corp. (company) — Registrant
• November 26, 2024 (date) — Earliest event reported
• November 29, 2024 (date) — Filing date
• Cayman Islands (location) — Place of incorporation

FAQ

Key Financial Figures

• $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-fourth of one redeem
• $11.50 — ordinary share at an exercise price of $11.50 JWSWF OTC Pink Open Market Indica
• $11.48 — at a redemption price of approximately $11.48 per share, for an aggregate redemption
• $15,111,008 — gate redemption amount of approximately $15,111,008. After the satisfaction of such redempt
• $1,027,603 — the Trust Account will be approximately $1,027,603. Item 9.01. Financial Statements and

Filing Documents

• tm2429601d1_8k.htm (8-K) — 39KB
• tm2429601d1_ex3-1.htm (EX-3.1) — 11KB
• 0001104659-24-124091.txt ( ) — 279KB
• jwsm-20241126.xsd (EX-101.SCH) — 4KB
• jwsm-20241126_def.xml (EX-101.DEF) — 27KB
• jwsm-20241126_lab.xml (EX-101.LAB) — 37KB
• jwsm-20241126_pre.xml (EX-101.PRE) — 26KB
• tm2429601d1_8k_htm.xml (XML) — 7KB

03

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On November 26, 2024, Jaws Mustang Acquisition Corporation (the " Company " or " JWSM ") held an extraordinary general meeting of shareholders (the " Shareholder Meeting ") (A) to amend, by way of special resolution, the Company's amended and restated memorandum and articles of association (the " Memorandum and Articles of Association ") to extend the date (the " Termination Date ") by which the Company has to consummate a business combination (the " Charter Extension ") from December 4, 2024 (the " Amended Termination Date ") to January 4, 2025 (the " Charter Extension Date ") and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to twenty-three times by an additional one month each time after the Charter Extension Date, by resolution of the Company's board of directors (the " Board "), if requested by Mustang Sponsor LLC (the " Sponsor "), a Delaware limited liability company, and upon five days' advance notice prior to the applicable Termination Date, until December 4, 2026, or a total of up to twenty-three months after the Charter Extension Date, unless the closing of a business combination shall have occurred prior thereto (such amendment, the " Extension Amendment " and such proposal, the " Extension Amendment Proposal "); and (B) if required, an adjournment proposal to adjourn, by way of ordinary resolution, the Shareholder Meeting to a later date or dates, if necessary, (i) to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Shareholder Meeting, there are insufficient Class A ordinary shares, par value $0.0001 per share (the " Class A Ordinary Shares ") and Class B ordinary shares, par value $0.0001 per share (the " Class B Ordinary Shares " and, together with the Class A Ordinary Shares, the " Ordinary Shares "),

07

Item 5.07 Submission of Matters to a Vote of Security Holders. On November 26, 2024, the Company held the Shareholder Meeting to approve the Extension Amendment Proposal and if required, the Adjournment Proposal, as more fully described in the definitive proxy statement filed with the Securities and Exchange Commission on November 12, 2024. As there were sufficient votes to approve the Extension Amendment Proposal, the Adjournment Proposal was not presented to shareholders. Holders of 26,387,016 Ordinary Shares of the Company held of record as of November 11, 2024, the record date for the Shareholder Meeting, were present in person or by proxy at the meeting, representing approximately 96.73% of the voting power of the Company's Ordinary Shares as of the record date for the Shareholder Meeting, and constituting a quorum for the transaction of business. 2 The voting results for the Extension Amendment Proposal were as follows: For Against Abstain 26,380,004 6,512 500 In connection with the vote to approve the Extension Amendment Proposal, the holders of 1,405,293 Class A Ordinary Shares properly exercised their right to redeem their shares for cash at a redemption price of approximately $11.48 per share, for an aggregate redemption amount of approximately $15,111,008. After the satisfaction of such redemptions, the balance in the Trust Account will be approximately $1,027,603.

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 3.1 Amended and Restated Memorandum and Articles of Association. 104 Cover Page Interactive Data File (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. Dated: November 29, 2024 JAWS MUSTANG ACQUISITION CORPORATION By: /s/ Andrew Klaber Name: Andrew Klaber Title: Chief Executive Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR