Item 5.07. Submission of Matters to a Vote of Security Holders.
On April 12, 2023, Fintech Ecosystem Development Corp. (the "Company") held an
extraordinary general meeting of stockholders (the "Special Meeting"). At the
Special Meeting, the Company's stockholders approved a proposal to allow board
of directors of the Company to adjourn the Special Meeting to a later date or
dates to permit further solicitation of proxies, or otherwise in connection
with, the approval of the Company's proposal to amend its charter to extend the
date by which the Company has to consummate its initial business combination so
as to provide the Company with additional time to complete an initial business
combination (the "Adjournment Proposal").
Approval of the Adjournment Proposal required the affirmative vote of the
majority of the votes cast by stockholders represented in person or by proxy at
the Special Meeting.
The Adjournment Proposal presented at the Special Meeting was approved by the
Company's stockholders. The final voting results for the Adjournment Proposal
are set forth below.
FOR AGAINST ABSTAIN
12,820,989 147,209 0
The adjourned Special Meeting is scheduled to reconvene at 10:00 a.m., Eastern
time, on April 20, 2023.
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