HHLA SEC filings, in plain English
Everything HH&L Acquisition Co. has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2023-08-14shares 6.23M → 4.21M -33%
redeemable shares, trust account, combination deadline +21 moved · 4 with no prior record of ours
- Redeemable shares
- 6.23M4.21M
- Trust account
- $420.1M · unchanged
- Combination deadline
- 2024-02-09 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
SpacBrain reads this as 2,025,832 shares are no longer redeemable.
The clause …“future events. Accordingly, as of September 30, 2023 and December 31, 2022, 4,205,185 and 41,400,000 Class A ordinary shares subject to possible redemption, respectively, are presented at redemption value as temporary equity, outside”…
The clause “Description (Level 1) (Level 2) (Level 3) Assets: Cash and Investments held in Trust Account $ 420,092,302 $ — $ — Liabilities: Derivative warrant liabilities - Public Warrant $ 1,035,000 $ — $ — Derivative”…
The clause …“with respect to their Founder Shares if we fail to complete the initial Business Combination by February 9, 2024 (assuming the Board has taken appropriate actions in accordance with the Third Extension Amendment Proposal), or such”…
The clause …“not yet loaned to the Company. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Basis of Presentation – Going Concern,” management has determined that the working capital”…
The clause …“September 30, 2023 and December 31, 2022, there were amounts of $ 500,000 and $ 500,000 outstanding under the Working Capital Loans, $ 290,000 and $ 0 outstanding under the convertible note issued to Sponsor, $ 570,000 and $ 0”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
redeemable shares, trust account, combination deadline +2nothing moved · 5 with no prior record of ours
- Redeemable shares
- not previously extracted6.23M
- Trust account
- $420.1M · unchanged
- Combination deadline
- 2024-02-09 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
The clause …“future events. Accordingly, as of June 30, 2023 and December 31, 2022, 6,231,017 and 41,400,000 Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of the”…
The clause “Description (Level 1) (Level 2) (Level 3) Assets: Cash and Investments held in Trust Account $ 420,092,302 $ — $ — Liabilities: Derivative warrant liabilities - Public Warrant $ 1,035,000 $ — $ — Derivative”…
The clause “Account with respect to their Founder Shares if we fail to complete the initial Business Combination by February 9, 2024 (assuming the Board has taken appropriate actions in accordance with the Third Extension Amendment Proposal),or such”…
The clause …“Company. 13 Table of Contents In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Basis of Presentation – Going Concern,” management has determined that the working capital”…
The clause “As of June 30, 2023 and December 31, 2022, there were amounts of $ 500,000 and $ 500,000 outstanding under the Working Capital Loans, $ 290,000 and $ 0 outstanding under the convertible note issued to Sponsor, $ 570,000 and $ 0”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: HH&L Acquisition Co. called an extraordinary general meeting for August 9, 2023 at 9:30 a.m. Eastern to extend the termination date from August 9, 2023, by board resolution taken at least three days before each extended date, up to six times by one month each until February 9, 2024, expressly without requiring any deposit into the trust account. Its articles had already been amended by shareholder special resolutions on February 7, 2023 and May 9, 2023. On June 26, 2023 the company terminated the October 14, 2022 merger agreement with DiaCarta, Ltd. Why it matters: The DiaCarta deal was terminated six weeks before this meeting, so shareholders are being asked to fund six more months of searching with no target at all. Worse, the extension requires no trust deposit whatsoever, meaning the per-share redemption value stops growing while the deadline moves and holders receive nothing for waiting. Board discretion over each monthly step removes shareholders from every subsequent decision. Against a terminated deal and zero extension payments, redeeming at the current pro rata trust value is the outcome the document itself makes hardest to argue against.
combination deadlinenothing moved · 1 with no prior record of ours
- Combination deadline
- 2024-02-09 · unchanged
The clause “(3) the redemption of all of the public shares if HH&L is unable to complete a business combination by February 9, 2024, assuming the Extension Amendment Proposal is approved and the Board elects to extend for each month of the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-11-14trust $416.5M → $420.1M +1%
trust account, combination deadline, sponsor loans outstanding +11 moved · 3 with no prior record of ours
- Trust account
- $416.5M$420.1M
- Combination deadline
- not previously extracted2024-02-09
- Sponsor loans outstanding
- not previously extracted$500K
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $3,574,508 was added to the trust between the two filings.
The clause …“Inputs Description (Level 1) (Level 2) (Level 3) Assets: Investments held in Trust Account $ 420,092,302 $ — $ — Liabilities: Derivative warrant liabilities - Public Warrant $ 1,035,000 $ — $ — Derivative”…
The clause …“with respect to their founder shares if we fail to complete the initial Business Combination by February 9, 2024, assuming the board of us has taken appropriate actions in accordance with the Second Extension Amendment Proposal.”…
The clause “DiaCarta. As of March 31, 2023 and December 31, 2022, there were $ 500,000 and $ 500,000 outstanding under the Working Capital Loans, $ 600,000 and $ 0 outstanding under the convertible note issued to Sponsor and $ 380,000 and $ 0”…
The clause …“from DiaCarta, respectively. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Basis of Presentation – Going Concern,” management has determined that the working capital”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.