UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
At the special meeting of the stockholders of AltC Acquisition Corp. (the “Company”) held on October 5, 2023 (the “Special Meeting”), a total of 49,463,254 (77.35%) of the Company’s issued and outstanding common stock, which consists of all Class A and Class B common stock held of record at the close of business on September 1, 2023, the record date for the Special Meeting, were represented in person online or by proxy, which constituted a quorum.
The stockholders of the Company (the “Stockholders”) voted on the proposal to adopt an amendment (the “Extension Amendment Proposal”), which is described in more detail in the definitive proxy statement of the Company filed with the Securities and Exchange Commission on September 14, 2023 (the “Proxy Statement”), to the Company’s amended and restated certificate of incorporation to extend the date by which the Company has to consummate a business combination (the “Extension”) from October 12, 2023 to July 12, 2024 (or such earlier date as determined by the Company’s board of directors) (the “Charter Amendment”).
The final voting results for the Extension Amendment Proposal were as follows:
| For | Against | Abstain | Broker Non-Votes | |||
| 49,258,435 | 22,326 | 182,493 | N/A |
As there were sufficient votes to approve the Extension Amendment Proposal, the “Adjournment Proposal” described in the Proxy Statement was not presented to the Stockholders.
The Extension will not be effective until the Charter Amendment has been filed with the Secretary of State of the State of Delaware. The board of directors of the Company retains the right to abandon and not implement the Extension at any time without any further action by the Stockholders.
Item 8.01. Other Events.
On October 5, 2023, the Company issued a press release announcing that (i) the Stockholders have approved the Extension Amendment Proposal and (ii) the Company has determined to extend the time redeeming Stockholders have to reverse their redemption elections from 5:00 p.m. on October 3, 2023 until 5:00 p.m., Eastern Time, on October 11, 2023.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit No. |
Description of Exhibit | |
| 99.1 | Press Release, dated October 5, 2023. | |
| 104 | Cover Page Interactive Data File-Embedded within the inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 5, 2023
| ALTC ACQUISITION CORP. | ||
| By: | /s/ Jay Taragin | |
| Name: | Jay Taragin | |
| Title: | Chief Financial Officer | |