Fintech Ecosystem Development: Submission of Matters to a Vote of Security Holders – Form 8-K
UNITED STATES
SECURITY AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
According to § 13 or § 15(d)
of the Securities Exchange Act of 1934
Date of report (date of earliest incident reported): 12 April 2023
FINTECH ECOSYSTEM DEVELOPMENT CORP.
(Exact name of the registrant as specified in the charter)
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Delaware |
001-40914 |
86-2438985 |
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(State or other jurisdiction of
incorporation or organization) |
(Commission
the file number) |
(IRS employer |
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100 Springhouse Drive, Suite 204, Collegeville, PA |
19426 |
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(Address of the head offices) |
(Zip code) |
Registrant’s telephone number, including area code: (610) 226-8101
Not applicable
(Former name or former address, if changed since previous report)
Check the appropriate box below if the Form 8-Kfiling is intended to simultaneously satisfy the registration obligation of the registrant pursuant to any of the following provisions:
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☐ |
Written communications pursuant to Rule 425 of the Securities Act (17 CFR 230.425) |
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☐ |
Obtaining Material Pursuant to Rule 14a-12 of the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-Commencement Communications Pursuant to Rule 14d-2(b) of the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
Pre-Commencement Communications Pursuant to Rule 13e-4(c) of the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered in accordance with § 12(b) of the Act:
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Title of each class |
Trade |
Name of each exchange
which is registered on |
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Units, each consisting of one share of Class A common stock, one right and one-half of one redeemable warrant |
FEXDU |
Nasdaq’s capital market |
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Class A common stock, par value $0.0001 per share |
FEXD |
Nasdaq’s capital market |
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Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
FEXDW |
Nasdaq’s capital market |
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Rights included as part of the units |
FEX DR |
Nasdaq’s capital market |
Indicate by checking whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate with a check mark whether the registrant has elected not to use the extended transition period to comply with any new or revised financial accounting standards issued pursuant to Section 13(a) of the Exchange Act. ☐
Mail 5.07. Submission of matters to a vote among security holders.
On April 12, 2023, Fintech Ecosystem Development Corp. held (the “Company”) an extraordinary general meeting of shareholders (the “Special Meeting”). At the extraordinary meeting, the company’s shareholders approved a proposal to allow the company’s board of directors to adjourn the extraordinary meeting to a later date or dates to allow for further obtaining of proxies, or otherwise in connection with the approval of the company’s proposal to amend its charter to extend the date on which the Company must complete its Initial Business Combination to allow the Company additional time to complete an Initial Business Combination (the “Deferral Proposal”).
Approval of the adjournment proposal required confirmation by a majority of the votes cast by shareholders represented in person or by proxy at the extraordinary meeting.
The postponement proposal presented at the extraordinary meeting was approved by the company’s shareholders. The final voting results for the adjournment proposal are set out below.
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TO |
AGAINST |
REFRAIN |
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12,820,989 |
147.209 |
0 |
The postponed special meeting is scheduled to reconvene at 10:00 a.m. Eastern Time, April 20, 2023.
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