Oak Woods Acquisition Corp 8-K

What Happened
Oak Woods Acquisition Corporation announced that its shareholders approved an amendment to the company’s charter at an Extraordinary General Meeting on July 8, 2026, to extend the date to complete a business combination from March 28, 2026 (the Current Outside Date) to March 28, 2027. The charter amendment was made retroactively effective as of the Current Outside Date. The record date for the vote was June 16, 2026.

Key Details

• Shareholder vote totals on the Charter Amendment: FOR 2,398,953; AGAINST 208,150; ABSTAIN 0. Approval required and received the two‑thirds special resolution under Cayman Islands law.
• The same vote totals applied to an Adjournment Proposal, which was moot following approval of the charter amendment.
• Prior to redemptions, 3,083,606 ordinary shares were outstanding and entitled to vote as of the June 16, 2026 record date.
• After the meeting, 1,269,163 ordinary shares were tendered for redemption, leaving 33,818 Class A ordinary shares held in trust and 1,814,443 ordinary shares issued and outstanding.

Why It Matters
The charter amendment gives Oak Woods an additional 12 months (until March 28, 2027) to complete a business combination, providing the company more time to identify and close a target transaction. The significant number of redemptions reported reduces the company’s issued and outstanding shares and the pool of public holders; that change can affect ownership percentages and voting dynamics for any future combination. Retail investors should note the new deadline and the outstanding share totals when evaluating the company’s timeline and potential next steps.