Oak Woods Acquisition Corp. Files 8-K with Corporate Updates

TL;DR

Oak Woods Acquisition Corp. filed an 8-K on Sept 16th, likely with corporate changes. Watch for details.

AI Summary

Oak Woods Acquisition Corp. filed an 8-K on October 1, 2024, reporting events as of September 16, 2024. The filing indicates amendments to its Articles of Incorporation or Bylaws, submission of matters to a vote of security holders, and other events, along with financial statements and exhibits. Specific details regarding the nature of these amendments or votes are not provided in this excerpt.

Why It Matters

This filing signals potential changes in Oak Woods Acquisition Corp.'s corporate structure or governance, which could impact its strategic direction and shareholder rights.

Risk Assessment

Risk Level: medium — The filing indicates significant corporate actions like amendments and votes, which can introduce uncertainty or signal strategic shifts.

Key Players & Entities

• Oak Woods Acquisition Corp. (company) — Filer of the 8-K report
• September 16, 2024 (date) — Earliest event date reported
• October 1, 2024 (date) — Filing date of the 8-K

FAQ

Key Financial Figures

• $0.0001 — LC Class A Ordinary Shares, par value $0.0001 per share OAKU The Nasdaq Stock Mar
• $11.50 — able for one Class A Ordinary Share for $11.50 per share OAKUW The Nasdaq Stock Ma
• $172,500 — 5, by depositing into the Trust Account $172,500 per for each one-month extension, on or
• $5,000,001 — y's net tangible assets to be less than $5,000,001 and (b) the limitation that the Company

Filing Documents

• ea0216231-8k_oakwoods.htm (8-K) — 49KB
• ea021623101ex3-1_oakwoods.htm (EX-3.1) — 32KB
• 0001213900-24-084043.txt ( ) — 322KB
• oaku-20240916.xsd (EX-101.SCH) — 4KB
• oaku-20240916_def.xml (EX-101.DEF) — 27KB
• oaku-20240916_lab.xml (EX-101.LAB) — 38KB
• oaku-20240916_pre.xml (EX-101.PRE) — 26KB
• ea0216231-8k_oakwoods_htm.xml (XML) — 9KB

03

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. As approved by the shareholders of Oak Woods Acquisition Corporation (the "Company") at the Extraordinary General Meeting adjourned from September 25, 2024 and held on September 26, 2024, the following proposals were approved thereby amending the Amended and Restated Articles and Memorandum of Association (the "Charter") to: (i) give the Company the right to extend the date by which the Company has to complete a business combination from September 28, 2024 to March 28, 2025, by depositing into the Trust Account $172,500 per for each one-month extension, on or prior to the date of the applicable deadline, for up to six (6) times; (ii) restrict the Company from utilizing any portion of the funds held in the Trust Account to pay the fees, taxes, or dissolution expenses of the Company in the event the Company does not consummate a business combination within 21 months (or 24 months, if applicable under the provisions of Article 49.8) from the consummation of the IPO, or such later time as the Members may approve in accordance with the Articles; (iii) eliminate (a) the limitation that the Company may not redeem public shares in an amount that would cause the Company's net tangible assets to be less than $5,000,001 and (b) the limitation that the Company shall not consummate a business combination unless the Company has net tangible assets of at least $5,000,001 immediately prior to, or upon consummation of, or any greater net tangible asset or cash requirement that may be contained in the agreement relating to, such business combination, and; (iv) provide for the right of a holder of the Company's Class B Ordinary Shares, par value $0.0001 per share, to convert into Class A Ordinary Shares, par value $0.0001 per share, of the Company on a one-for-one basis at any time and from time to time prior to the closing of a business combination at the election of the holder

07. Submission

Item 5.07. Submission of Matters to a Vote of Security Holders. On September 26, 2024, the Company held the Extraordinary General Meeting. On September 4, 2024, the record date for the Extraordinary General Meeting, there were 7,530,625 ordinary shares of the Company outstanding and entitled to be voted at the Extraordinary General Meeting, 78.37% of which 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 Extraordinary General Meeting are as follows: 1. The Extension Proposal Shareholders approved the Extension Proposal. Approval of the Extension 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 Extraordinary General Meeting or any adjournment thereof. The Extension Proposal amending the Charter and implementing the requirement that the Company deposit $172,500 for each one-month extension, on or prior to the date of the applicable deadline, for up to six (6) times, and to restrict the Company from utilizing any portion of the funds held in the Trust Account received the following votes: FOR AGAINST ABSTAIN 4,820,402 1,013,284 68,000 1 2. The Redemption Limitation Proposal Shareholders approved The Redemption Limitation Proposal. Approval of the The Redemption Limitation 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 Extraordinary General Meeting or any adjournment thereof. The Redemption Limitation Proposal received the following votes: FOR AGAINST ABSTAIN 4,820,402 1,013,284 68,000 3. The Founder Share Amendment Proposal Shareholders approved The Founder Share Amendment Proposal.

01. Other

Item 8.01. Other Events. In connection with the shareholders' vote at the Extraordinary General Meeting of shareholders held by the Company on September 26, 2024, 1,492,646 ordinary shares were tendered for redemption, leaving 6,037,979 ordinary shares.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 3.1 Minutes of Extraordinary General meeting of Oak Woods Acquisition Corporation, held on September 26, 2024 amending the Amended and Restated Memorandum and Articles of Association of Oak Woods Acquisition Corporation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 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: October 1, 2024 OAK WOODS ACQUISITION CORPORATION By: /s/ Lixin Zheng Name: Lixin Zheng Title: Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR