UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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(Exact Name of Registrant as Specified in Charter)
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or Other Jurisdiction of Incorporation) |
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| The Stock Market LLC | ||||
| The Stock Market LLC | ||||
| The Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
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an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
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Item 5.07 Submission of Matters to a Vote of Security Holdings.
On July 3, 2024, Golden Star Acquisition Corporation (the “Company”) held an extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) for the purposes of considering and voting upon:
(i) Proposal 1, or the Extension Fee Reduction Proposal: to approve that the sponsor and/or its designee will deposit the amount equal the lesser of (i) $50,000 for all outstanding public shares and (ii) $0.02 for each outstanding public share into the trust account (the “Monthly Extension Fee”) to extend the date which the Company must consummate its initial business combination. Beginning on the 4th of the first month following the approval of this proposal, each Monthly Extension Fee must be deposited into the trust account by the 4th of each month until February 4, 2025; and
(ii) Proposal 2, or the Adjournment Proposal: to direct the chairman of the Extraordinary General Meeting to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Extraordinary General Meeting, there are not sufficient votes to approve Proposal 1.
Holders of 5,960,523 ordinary shares of the Company held as of record as of June 10, 2024, the record date for the Extraordinary General Meeting, were present in person or by proxy, representing approximately 81.26% of the shares issued and outstanding and entitled to vote at the Extraordinary General Meeting, which present a quorum.
The Extension Fee Reduction Proposal was approved, the voting results of which was as follows:
| For | Against | Abstain | ||
| 3,129,399 | 2,831,124 | 0 |
As there were sufficient votes to approve the Extension Fee Reduction Proposal, the Adjournment Proposal was not presented to the shareholders at the Extraordinary General Meeting.
Item 8.01 Other Events.
In connection with the vote to approve the Extension Fee Reduction Proposal, holders of 2,801,372 ordinary shares of the Company properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.82 per share, for an aggregate redemption amount of approximately $30,310,845.04.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| Golden Star Acquisition Corporation | ||
| Dated: July 3, 2024 | By: | /s/ Kenneth Lam |
| Name: | Kenneth Lam | |
| Title: | Chief Financial Officer | |
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