M&A - Aetherium Acquisition Corp

Form Type: DEFR14A

Filing Date: 2025-06-03

Corporate Action: Merger

Type: New

Accession Number: 000164117225013366

Filing Summary: Aetherium Acquisition Corp. has filed a definitive proxy statement in connection with a special meeting scheduled for June 13, 2025. The purpose of the meeting is to consider three proposals: 1) Charter Amendments Proposal to extend the deadline for completing a business combination from December 29, 2024, to March 29, 2026, allowing the company more time to negotiate and complete an initial merger or acquisition; 2) Trust Amendment Proposal to amend the investment management trust agreement to allow for the same extension of the termination date; and 3) Adjournment Proposal permitting the meeting to be postponed if there are insufficient votes for the proposals. Approval of the Charter and Trust Proposals requires a 65% affirmative vote from stockholders. The board believes it is in the best interests of stockholders to approve the extensions to maximize value, as they have identified challenges in negotiating a suitable business combination before the current deadline. If the proposals are not approved, the company will liquidate and cease operations. Furthermore, public stockholders will have the opportunity to redeem their shares in connection with the proposals. The trust account balance stands at approximately $20.4 million, with a expected per-share redemption price of $12.01.

Form Type: DEF 14A

Filing Date: 2025-05-23

Corporate Action: Merger

Type: New

Accession Number: 000164117225012166

Filing Summary: Aetherium Acquisition Corp. is holding a Special Meeting of Stockholders on May 30, 2025, to consider three proposals: 1) The Charter Amendments Proposal to extend the deadline for completing a business combination from December 29, 2024, to December 29, 2025. This extension would allow for a longer period to consummate an initial merger or similar transaction while preventing liquidation of the company. 2) The Trust Amendment Proposal, which would amend the investment management trust agreement to facilitate the new deadline for the business combination. 3) The Adjournment Proposal, allowing the meeting to be postponed if needed for additional solicitation of votes due to insufficient participation. Public stockholders can redeem their shares for cash during this process, which directly ties to the proposals. If the proposals are not approved, the company states it may be forced to liquidate. The document also outlines concerns related to the company's recent delisting from Nasdaq due to non-compliance with listing requirements, which may impact the trading of its securities in the future.

Form Type: DEF 14A

Filing Date: 2025-01-24

Corporate Action: Merger

Type: New

Accession Number: 000149315225003650

Filing Summary: Aetherium Acquisition Corp is convening a Special Meeting of Shareholders on February 12, 2025, to vote on several proposals aimed at extending the timeline for completing a business combination. Proposal No. 1 seeks to amend the company's charter to extend the deadline for consummating an initial business combination from December 29, 2024, to December 29, 2025. Proposal No. 2 involves amendments to the investment management trust agreement to align with this extension. Proposal No. 3 addresses the possibility of adjourning the meeting if necessary to allow for further solicitation of proxies. The company states that without these extensions, it may be required to liquidate its assets and redeem public shares for cash. The proxy statement outlines the implications of the proposed amendments and the importance of shareholder votes in determining the company's future course, particularly in relation to completing a potential merger, share exchange, or similar business combination.