0001193125-26-200286
SEC filingAltEnergy Acquisition Corp. stockholders approved and the company filed a Fourth Amendment extending the business combination deadline from May 1, 2026, to May 3, 2027, with 2,719 Class A shares redeemed.
AltEnergy Acquisition Corp., a special purpose acquisition company post-IPO in November 2021, faced an imminent deadline of May 1, 2026, to complete its initial business combination or wind up operations. Stockholders convened a Special Meeting on April 27, 2026, with a strong 91.8% quorum from 6,266,197 outstanding common shares (6,016,197 Class A and 250,000 Class B). The sole substantive proposal passed unanimously with 5,750,010 votes in favor, authorizing an amendment to extend the deadline to May 3, 2027. This extension, effectuated via the Fourth Amendment filed April 29, 2026, and attached as Exhibit 3.1, preserves the trust account structure for public stockholders' benefit until completion of a business combination, redemption of all offering shares by the new date, or other specified triggers. Only 2,719 Class A shares were redeemed, a minimal 0.05% of Class A shares, withdrawing $32,970.61 at approximately $12.126 per share. This low redemption rate signals robust sponsor and stockholder alignment to pursue a transaction, averting liquidation risk and providing 12 more months for deal execution while maintaining trust protections.