M&A - Black Hawk Acquisition Corp

Form Type: 8-K

Filing Date: 2025-07-14

Corporate Action: Acquisition

Type: New

Accession Number: 000182912625005054

Filing Summary: On July 8, 2025, at an extraordinary general meeting, Black Hawk Acquisition Corporation approved an amendment to its investment management trust agreement, allowing an extension of the time to complete a business combination until December 22, 2026, through monthly extensions. The company must deposit $150,000 for each monthly extension into its trust account. If payment is not made during the designated period, the company will wind up and liquidate. The meeting also saw shareholders approve amendments to the articles of incorporation reflecting this extension and the amendment to the trust agreement. Following the meeting, shareholders redeemed 4,775,923 ordinary shares for a total of approximately $51,010,745.30, leaving 2,124,077 public ordinary shares outstanding. The approved proposals at the meeting included the Extension Amendment Proposal, the Trust Agreement Amendment Proposal, and an Adjournment Proposal, although adjournment was deemed unnecessary due to existing approvals.