Slam Corp. Files 8-K on Shareholder Vote Matters

TL;DR

Slam Corp. 8-K: Shareholder vote matters, units with warrants at $11.50 exercise price.

AI Summary

Slam Corp. filed an 8-K on December 16, 2024, reporting on the submission of matters to a vote of security holders. The filing details units consisting of ordinary shares and redeemable warrants, with each warrant exercisable for one ordinary share at an exercise price of $11.50.

Why It Matters

This filing is important for investors as it outlines key details regarding share structure and potential future share issuances through warrant exercises.

Risk Assessment

Risk Level: medium — The exercise price of warrants and the nature of shareholder votes can introduce volatility and uncertainty for investors.

Key Numbers

• $11.50 — Warrant Exercise Price (Price at which holders can exercise warrants for ordinary shares.)

Key Players & Entities

• Slam Corp. (company) — Registrant
• December 16, 2024 (date) — Date of Report
• $11.50 (dollar_amount) — Warrant Exercise Price

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 SLMWF OTCQX Best Market Indicate
• $0.00001 — res of common stock of Topco, par value $0.00001 per share, to be issued in connection w

Filing Documents

• ea0224901-8k425_slam.htm (8-K) — 52KB
• 0001213900-24-109314.txt ( ) — 281KB
• slmwf-20241216.xsd (EX-101.SCH) — 4KB
• slmwf-20241216_def.xml (EX-101.DEF) — 27KB
• slmwf-20241216_lab.xml (EX-101.LAB) — 37KB
• slmwf-20241216_pre.xml (EX-101.PRE) — 25KB
• ea0224901-8k425_slam_htm.xml (XML) — 7KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders On December 16, 2024, Slam Corp. (" Slam " or the " Company ") convened and then adjourned until December 18, 2024, at 10:00 a.m. Eastern Time, without conducting any other business, its extraordinary general meeting of its shareholders (the " Shareholder Meeting ") relating to its previously announced proposed amendment to the Company's amended and restated memorandum and articles of association to (i) extend the date (the " Termination Date ") by which Slam has to consummate a Business Combination (as defined below) from December 25, 2024 to March 25, 2025 (the " Articles 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 three times by an additional one month each time after the Articles Extension Date, by resolution of the board of directors of Slam, if requested by Slam Sponsor, LLC, a Cayman Islands limited liability company (the " Sponsor "), and upon five days' advance notice prior to the applicable Termination Date, until June 25, 2025 or a total of up to three additional months after the Articles Extension Date, unless the closing of a Business Combination shall have occurred prior thereto (the " Extension Amendment Proposal "), (ii) to permit for the issuance of Class A ordinary shares, par value $0.0001 per share, (the " Class A Ordinary Shares " or the " Public Shares ") to holders of the Company's 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 "), upon the exercise of the right of a holder of the Class B Ordinary Shares to convert such holder's Class B Ordinary Shares into Class A Ordinary Shares on a one-for-one basis at any time and from time to time prior to the closing of an initial Business Combination at the election of the holder (the " Founder

Forward Looking Statements

Forward Looking Statements Certain

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects,"

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "potential," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations including as they relate to the Business Combination and related transactions, including the anticipated financing, pricing and market opportunity, the satisfaction of closing conditions to the Business Combination and related transactions, the level of redemptions by Slam's public shareholders and the timing of the completion of the Business Combination, including the anticipated closing date of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified in this Report, and on the current expectations of Slam's, Topco's and Lynk's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. The forward-looking statements involve s

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View this 8-K filing on SEC EDGAR