Tech & Telecom Acquisition Corp Files Proxy Statement

TL;DR

DEF 14A filed by Technology & Telecommunication Acquisition Corp. Standard proxy statement.

AI Summary

Technology & Telecommunication Acquisition Corp filed a Definitive Proxy Statement (DEF 14A) on May 29, 2024. The filing concerns matters related to the company's charter and proxy solicitation. The company is headquartered in Miami, Florida, with a fiscal year end of November 30.

Why It Matters

This filing is a standard regulatory requirement for public companies to inform shareholders about important corporate matters and upcoming votes.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is a standard disclosure document for public companies and does not inherently indicate new risks.

Key Numbers

• 1130 — Fiscal Year End (Indicates the end of the company's annual accounting period.)

Key Players & Entities

• Technology & Telecommunication Acquisition Corp (company) — Registrant
• 0001493152-24-021684 (filing_id) — Accession Number
• Miami, Florida (location) — Company Headquarters

FAQ

Key Financial Figures

• $60,000 — one-month extension, the lesser of (a) $60,000 and (b) $0.02 for each Ordinary share i
• $0.02 — sion, the lesser of (a) $60,000 and (b) $0.02 for each Ordinary share issued and outs
• $262,500 — one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Ordinary share
• $0.0525 — ion, the lesser of (a) $262,500 and (b) $0.0525 for each Ordinary share outstanding, an
• $10.31 — hareholders at a price of approximately $10.31 per share, in an aggregate principal am
• $86,353,662 — re, in an aggregate principal amount of $86,353,662. Following the redemptions, there were
• $656,747 — y note to its Sponsor, in the amount of $656,747 which amount was deposited into the tru
• $164,119 — 023. The Company subsequently deposited $164,119 per month into the trust account to fur
• $144,000 — one-month extension, the lesser of (a) $144,000 and (b) $0.045 for each Ordinary share
• $0.045 — ion, the lesser of (a) $144,000 and (b) $0.045 for each Ordinary share outstanding, an
• $0.0001 — TETE Class B ordinary shares, par value $0.0001 per share, to convert into Ordinary sha
• $10.89 — hareholders at a price of approximately $10.89 per share, in an aggregate principal am
• $1,626,737 — re, in an aggregate principal amount of $1,626,737. Following the redemptions, there were
• $133,952 — ing. The Company subsequently deposited $133,952 into the trust account on a monthly bas
• $11.89 — rice per Public Share was approximately $11.89 (which is expected to be the same appro

Filing Documents

• formdef14a.htm (DEF 14A) — 1318KB
• formdef14a_001.jpg (GRAPHIC) — 1KB
• proxy_001.jpg (GRAPHIC) — 398KB
• proxy_002.jpg (GRAPHIC) — 341KB
• 0001493152-24-021684.txt ( ) — 2337KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 LETTER TO SHAREHOLDERS OF TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORPORATION C3-2-23A, JALAN 1/152, TAMAN OUG PARKLANE OFF JALAN KELANG LAMA 58200 KUALA LUMPUR, MALAYSIA Dear Technology & Telecommunication Acquisition Corporation Shareholder: You are cordially invited to attend an extraordinary general meeting of Technology & Telecommunication Acquisition Corporation, a Cayman Islands exempted company (the “Company ,” “ TETE, ” “ we ,” “ us ” or “ our ”), which will be held on June 7, 2024, at 9: 00 a.m., New York Time (the “ Extraordinary General Meeting ”). Due to the public health impact of the COVID-19 outbreak and to support the health and well-being of TETE shareholders and other meeting participants, the Extraordinary General Meeting will be held in person at the offices of Technology & Telecommunication Acquisition Corporation, C3-2-23A, Jalan 1/152, Taman OUG Parklane, Off Jalan Kelang Lama, 58200 Kuala Lumpur, Malaysia and via virtual meeting format setting. You can participate in the Extraordinary General Meeting, vote, and submit questions via live webcast by visiting https://www.cstproxy.com/tete/2024 and entering the voter control number located under the bar card code on your proxy card, voting instruction form or notice included in the proxy materials. The attached Notice of the Extraordinary General Meeting and proxy statement describe the business TETE will conduct at the Extraordinary General Meeting and provide information about TETE that you should consider when you vote your shares. As set forth in the attached proxy Proposal No. 1 – Extension Amendment Proposal – To amend TETE’s Amended and Restated Articles of Association (the “ Articles of Association” ) to give the Company the right to extend the date by which it has to consummate a business combination (the “ Combination Period ”) up to seven (7) times for an additional one (1) month each time, from May 20, 2024 to January 20, 2025 (as extended, the “ Extended Date”) (i.e., for a period of time ending 36 months after the consummation of its initial public offering (the “ IPO ”)) (the “ Extension Amendment Proposal ”); Proposal No . 2 – Trust Agreement Amendment Proposal — To amend TETE’s investment management trust agreement, dated as of February 8, 2022 (the “ Trust Agreement ”), by and between the Company and Continental Stock Transfer & Trust Company (the “ Trustee ”), to allow the Company to extend the Combination Period up to seven (7) times for an additional one (1) month each time from May 20, 2024 to the Extended Date (the “ Trust Agreement Amendment ”) by depositing into the trust account, for each one-month extension, the lesser of (a) $60,000 and (b) $0.02 for each Ordinary share issued and outstanding (the “ Extension Payment ”) after giving effect to the Redemption (the “ Trust Agreement Amendment Proposal ”); Proposal No. 3 – Adjournment Proposal – To adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve the Extension Amendment Proposal, or the Trust Agreement Amendment Proposal (the “ Adjournment Proposal ”). Each of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, and the Adjournment Proposal is more fully described in the accompanying proxy statement. Please take the time to read carefully each of the proposals in the accompanying proxy statement before you vote. The purpose of the Extension Amendment Proposal, the Trust Agreement Amendment Proposal and, if necessary, the Adjournment Proposal, is to allow the Company more time to complete its proposed business combination (the “Proposed Business Combination”) pursuant to the amended and res

View Full Filing

View this DEF 14A filing on SEC EDGAR