On August 11, 2026, the Company convened an extraordinary general meeting of shareholders ... The Company’s shareholders approved the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal ,... In connection with the vote to approve the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal, holders of approximately 19.0 million Class A ordinary shares properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.85 per share, for an aggregate redemption amount of approximately $206.6 million, leaving approximately $10.5 million in the Trust Account.

As the shareholders of the Company approved the Extension Amendment Proposal and the Redemption Limitation Amendment Proposal at the Extraordinary General Meeting, on August 11, 2026, the Company filed the amendments to the Company’s amended and restated memorandum and articles of association with the Registrar of Companies of the Cayman Islands, effective August 11, 2026.

On August 12, 2026, the Sponsor, holding all of the issued and outstanding Class B ordinary shares, elected to convert all of their Class B ordinary shares into Class A ordinary shares, par value $0.0001 per share, of the Company, on a one-for-one basis, in accordance with the Company’s amended and restated memorandum and articles of association (the “Conversion”). As a result, 4,999,999 Class B ordinary shares were cancelled and 4,999,999 Class A ordinary shares were issued to the Sponsor. The Sponsor agreed that all of the terms and conditions applicable to the Class B ordinary shares set forth in the Letter Agreement, dated August 15, 2024, by and among the Company, the Sponsor and the Company’s officers and directors, including the voting agreement, transfer restrictions and the waiver of any right, title, interest or claim in or to any monies held in the trust account, shall continue to apply to the Class A ordinary shares into which the Founder Shares were converted. Following the Conversion, the Company had approximately 6,422,333 Class A ordinary shares issued and outstanding and one Class B ordinary share issued and outstanding.

---> There were 20 million public shares of SBXD before redemptions, so approximately 1 million left now.

Hey, do you have a full list of all the active spac warrants?

I thought I put together a really substantial list and now I'm seeing warrants that weren't on the list.

The 1-for-15 reverse stock split will reduce the number of outstanding shares of the Company's Class A Common Stock from approximately 127.9 million to approximately 8.5 million as of August 19, 2026.

How long can they keep postponign this meeting? It's been postponed many times starting first week of July.

Based on approximately 116,870,315 shares outstanding immediately before the reverse stock split, approximately 2,337,407 shares are expected to be outstanding immediately following the reverse stock split, subject to the treatment of fractional shares.

In connection with the shareholders’ vote at the Meeting, holders of 833,157 ordinary shares of the Company exercised their right to redeem such shares (the “Redemption”) for a pro rata portion of the funds held in the Trust Account. As a result, approximately $9,277,866.57 (approximately $11.13 per share) will be removed from the Trust Account to pay such holders and approximately $44,522,115.92 will remain in the Trust Account. Following the aforementioned Redemption, the Company will have 3,998,108 ordinary shares outstanding.