ONYX ACQUISITION CO. I Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
The foregoing description is qualified in its entirety by reference to the amendment to the Company's Articles, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Meeting, holders of 29,442,403 ordinary shares (consisting of 22,829,903
Class A ordinary shares and 6,612,500 Class B ordinary shares) were present in
person, virtually over the Internet or by proxy, representing 89.05% of the
voting power of the Company's ordinary shares as of
The shareholders approved the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal.
The voting results for each proposal were as follows:
The Extension Amendment Proposal
For Against Abstain 29,330,369 112,034 0
The Redemption Limitation Amendment Proposal
For Against Abstain 28,737,735 112,034 592,634
As there were sufficient votes to approve the above proposals, the "Adjournment Proposal" described in the Proxy Statement was not presented to shareholders.
Item 8.01. Other Events.
Sponsor Contributions to Trust Account
Based on the results of the Meeting, as previously announced,
Each monthly Contribution into the Trust Account will take the form of a
non-interest bearing, unsecured loan which will be repayable by the Company upon
consummation of an initial business combination. If the Company does not
consummate an initial business combination by the
1
Conversion of Founder Shares
On
Redemptions
In connection with the vote to approve the Extension Amendment Proposal, holders
of 22,239,972 Class A ordinary shares exercised their right to redeem their
shares for cash at a redemption price of approximately
Forward-Looking Statements
This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks," or other similar expressions. Such statements may include, but are not limited to, statements regarding the proposed Contribution and the conversion of the outstanding founder shares into Class A ordinary shares. These statements are based on current expectations on the date of this Current Report on Form 8-K and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit No. Description of Exhibits
3.1 Amendment to Amended and Restated Memorandum and Articles of
Association.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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