Magnum Opus Acquisition Limited filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01 Other Events.
As previously disclosed, at the extraordinary general meeting of shareholders of Magnum Opus Acquisition Limited (the “Company”) held on March 17, 2023, the Company’s shareholders approved the proposal to amend Articles 51.7 and 51.8 of the Company’s amended and restated memorandum and articles of association to extend the date (the “Termination Date”), from March 25, 2023 to April 25, 2023, by which the Company must (i) consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company with one or more businesses or (ii) cease its operations except for the purpose of winding up if it fails to complete such business combination and redeem or repurchase 100% of the Company’s public shares included as part of the units sold in the Company’s initial public offering that was consummated on March 25, 2021, and in the event that the Company does not consummate a business combination by April 25, 2023, by resolutions of the board of directors of the Company (the “Board”), without the need for further approval of the Company’s shareholders, to further extend the Termination Date for three additional one-month periods for an aggregate of three months, from April 25, 2023 to July 25, 2023.
On April 21, 2023, the Board approved the extension of the Termination Date for one additional month to May 25, 2023 (the “Second Extension”) and authorized the management of the Company (the “Management”) to approve further extension of the Termination Date for two additional one-month periods for an aggregate of two months, from May 25, 2023 to July 25, 2023. In connection with the Second Extension, the Company deposited into the trust account $150,000 on April 24, 2023. On May 22, 2023, the Management determined to extend the Termination Date to June 25, 2023 (the “Third Extension”) pursuant to its authorization from the Board on April 21, 2023. In connection with the Third Extension, the Company deposited into the trust account $150,000 on May 22, 2023.
On June 22, 2023, the Management determined to further extend the Termination Date to July 25, 2023 (the “Fourth Extension”) pursuant to its authorization from the Board. In connection with the Fourth Extension, the Company will deposit into the trust account $150,000 on or before July 2, 2023.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
MAGNUM OPUS ACQUISITION LIMITED | ||
By: | /s/ Hou Pu Jonathan Lin | |
Name: | Hou Pu Jonathan Lin | |
Title: | Chief Executive Officer and Director | |
Date: June 23, 2023 |