Tech & Telecom Acquisition Corp Files Proxy Statement
Ticker: TETUF · Form: DEF 14A · Filed: Jan 10, 2025 · CIK: 1900679
| Field | Detail |
|---|---|
| Company | Technology & Telecommunication Acquisition Corp (TETUF) |
| Form Type | DEF 14A |
| Filed Date | Jan 10, 2025 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $262,500, $0.0525, $10.3122, $86,353,885, $656,474 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, sec-filing, governance
TL;DR
Proxy statement filed by Tech & Telecom Acquisition Corp. Standard shareholder vote info.
AI Summary
Technology & Telecommunication Acquisition Corp filed a Definitive Proxy Statement (DEF 14A) on January 10, 2025. The filing concerns the company's proxy materials, which are typically used for shareholder meetings to vote on corporate matters. The company is based in Miami, Florida, with a fiscal year end of November 30.
Why It Matters
This filing is a standard procedural document for public companies, informing shareholders about upcoming votes and corporate governance matters.
Risk Assessment
Risk Level: low — This is a routine SEC filing (DEF 14A) and does not contain new financial information or strategic decisions that would inherently increase risk.
Key Numbers
- 20250110 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 1130 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Technology & Telecommunication Acquisition Corp (company) — Registrant
- 0001900679 (company) — Central Index Key
- 001-41229 (company) — SEC File Number
- Miami, FL (location) — Company Headquarters
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming shareholder meeting, providing details on matters to be voted upon.
When was this filing made?
This filing was made on January 10, 2025.
What is the company's Central Index Key (CIK)?
The company's CIK is 0001900679.
Where is Technology & Telecommunication Acquisition Corp located?
The company is located in Miami, FL, with its business and mailing addresses at 78 SW 7TH STREET, SUITE 500, MIAMI, FL 33130.
What is the company's fiscal year end?
The company's fiscal year ends on November 30 (1130).
Filing Stats: 4,645 words · 19 min read · ~15 pages · Grade level 18.6 · Accepted 2025-01-10 16:59:35
Key Financial Figures
- $262,500 — one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordina
- $0.0525 — ion, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordinary share issued
- $10.3122 — hareholders at a price of approximately $10.3122 per share, in an aggregate principal am
- $86,353,885 — re, in an aggregate principal amount of $86,353,885. Following the redemptions, there were
- $656,474 — y note to its Sponsor, in the amount of $656,474, which amount was deposited into the tr
- $164,118.57 — 023. The Company subsequently deposited $164,118.57 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 Class A ordinar
- $0.045 — ion, the lesser of (a) $144,000 and (b) $0.045 for each Class A ordinary share outstan
- $0.0001 — TETE Class B ordinary shares, par value $0.0001 per share, to convert into Class A ordi
- $10.89 — hareholders at a price of approximately $10.89 per share, in an aggregate principal am
- $1,626,736.79 — re, in an aggregate principal amount of $1,626,736.79. Following the redemptions, there were
- $133,951.91 — ares outstanding. The Company deposited $133,951.91 into the trust account on a monthly bas
- $11.93 — hareholders at a price of approximately $11.93 per share, in an aggregate principal am
- $4,872,513 — re, in an aggregate principal amount of $4,872,513. Following the redemptions, there were
- $60,000 — one-month extension, the lesser of (a) $60,000 and (b) $0.02 for each ordinary share o
Filing Documents
- formdef14a.htm (DEF 14A) — 1331KB
- formdef14a_001.jpg (GRAPHIC) — 2KB
- proxy_001.jpg (GRAPHIC) — 578KB
- proxy_002.jpg (GRAPHIC) — 446KB
- 0001493152-25-001762.txt ( ) — 2744KB
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 January 20, 2025, 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/2025 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 and restate 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 ”) by three (3) months from January 20, 2025 to April 20, 2025 (as extended, the “ Extended Date”) (i.e., for a period of time ending 39 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 by three (3) months from January 20, 2025 to the Extended Date (the “ Trust Agreement Amendment ”) (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 restated agreement and plan of merger, dated as of August 2, 2023, as it may be amended, which provides for a business combination between TETE and Bradbury Capital Holdings Inc., a Cayman Islands exempted company (“Holdings”). The Company’s prospectus for its initial public offering