UY Scuti Acquisition Corp. 8-K

What Happened

• UY Scuti Acquisition Corp. filed an 8‑K on April 6, 2026 reporting that its Board appointed Chief Investment Officer Jiawen Zhao as interim Chief Financial Officer effective April 5, 2026. Ms. Zhao (age 32) has served as the company’s Chief Investment Officer and a director since August 2024 and previously held senior investment roles at The Balloch (Holding) Group, Shanghai EasyFund and Jianzhao Investment.
• The filing also discloses shareholder redemptions and an extension fee action in connection with recent charter/trust amendment proposals. Holders of 2,437,288 ordinary shares properly redeemed their shares for cash at approximately $10.38 per share. The Sponsor’s designee, Sun Peisha, deposited the first extension fee of $450,000 into the Company’s trust account.

Key Details

• Interim CFO appointment effective: April 5, 2026 (Jiawen Zhao, age 32; CIO & director since Aug 2024).
• Share redemptions: 2,437,288 ordinary shares redeemed at ~ $10.38 per share (approximately $25.3 million total).
• Extension fee: $450,000 deposited into the Trust Account by Sponsor’s designee, Sun Peisha.
• Company committed to file an 8‑K if it extends the time to complete a business combination and contributes a revised extension fee; if shareholders approve the charter/trust amendments, the Company will not seek another vote to change the extension terms.

Why It Matters

• Leadership: Appointing an interim CFO is material for investors because it affects who oversees financial reporting and controls while the company searches for or appoints a permanent CFO. Ms. Zhao brings investment-management experience and already serves on the Board, which may ease the transition.
• Cash and timing of a deal: Significant shareholder redemptions (~2.44M shares, roughly $25.3M) and the $450,000 extension fee impact the trust account balance available for a potential business combination. The company’s commitment to disclose future fee deposits and not to hold another shareholder vote on further extension-term changes (if amendments are approved) clarifies governance and procedural expectations for investors.