QOMO SEC filings, in plain English
Everything Qomolangma Acquisition Corp. 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.
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- What changed vs 2023-11-13trust $54.0M → $9.4M -83%deadline 2023-12-04 → 2024-08-04sponsor loan $155K → $937K
trust account, combination deadline, sponsor loans outstanding +33 moved · 3 with no prior record of ours
- Trust account
- $54.0M$9.4M
- Combination deadline
- 2023-12-042024-08-04
- Sponsor loans outstanding
- $155K$937K
- Redeemable shares
- not previously extracted838K
- Going-concern doubt
- stated · unchanged
- Mandate language
- The Company intends to pursue target businesses that are str… · unchanged
SpacBrain reads this as $44,517,959 left the trust between the two filings.
The clause “2 Prepaid expenses 34,891 69,781 Total Current Assets 41,200 79,003 Investments held in Trust Account 9,440,722 9,299,336 Total Assets $ 9,481,922 $ 9,378,339 Liabilities, Temporary Equity, and Stockholders’ Deficit Current Liabilities”…
SpacBrain reads this as 244 days later than the previous record.
The clause …“has to consummate an initial Business Combination from January 4, 2024 to August 4, 2024. Results of Operations We have neither engaged in any operations nor generated any operating revenues to date. Our only activities through”…
SpacBrain reads this as the sponsor has advanced $782,227 more.
The clause …“a business combination. As of March 31, 2024 and December 31, 2023, $ 937,252 was outstanding under the 2022 and 2023 Promissory Notes. Related Party Loans In addition, in order to finance transaction costs in connection with”…
The clause “6,000,000 shares authorized; 1,662,623 shares issued and outstanding (excluding 837,857 shares subject to possible redemption) 166 166 Accumulated deficit ( 4,597,510 ) ( 4,483,379 ) Total Stockholders’ Deficit ( 4,597,344 ) ( 4,483,213 )”…
The clause …“order to meet its obligations. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of”…
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: Qomolangma Acquisition Corp. called a special meeting for August 2, 2024 at 9:00 a.m. at Kramer Levin in New York to extend the business combination deadline from August 4, 2024, being 22 months after the IPO closing, monthly up to fourteen times to September 29, 2025, 36 months after the IPO registration statement went effective. Each extension requires the sponsor or its affiliates to deposit into the trust the lesser of $0.033 per outstanding public share and $20,000. The company says it expects significant redemptions at the meeting and is in discussions on a business combination. Why it matters: A monthly deposit capped at $20,000 is a token contribution: on any meaningful trust balance it adds less than a third of a cent per share per month, so the redemption floor is effectively frozen while the clock runs another fourteen months. The company's own warning that it expects significant redemptions means the trust and the public float will both shrink sharply at this vote, leaving less cash for any deal that emerges from discussions the company describes only in general terms. Redeeming holders still collect their full pro rata trust share.
What changed vs 2023-11-27deadline 2024-08-04 → 2025-09-29combination deadline1 moved
- Combination deadline
- 2024-08-042025-09-29
SpacBrain reads this as 421 days later than the previous record.
The clause …“Company (the “Trustee”) to extend the liquidation date from August 4, 2024 to September 29, 2025 and on a monthly basis up to fouteen times from August 4, 2024 to September 29, 2025 (the “Trust Amendment Proposal”). PROPOSAL 3.”…
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 2023-04-07deadline 2024-07-04 → 2024-08-04
combination deadline, trust account, going-concern doubt +31 moved · 5 with no prior record of ours
- Combination deadline
- 2024-07-042024-08-04
- Trust account
- $54.0M · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $200K · unchanged
- Mandate language
- We intend to focus on businesses with a total enterprise val… · unchanged
- Redeemable shares
- 5.27M · unchanged
SpacBrain reads this as 31 days later than the previous record.
The clause …“extend the time frame by the Company to complete a business combination up to August 4, 2024 by depositing the required amount of funds for each monthly extension. Holders of our securities will not have the right to approve or”…
The clause “2) Significant Other Unobservable Inputs (Level 3) Assets Marketable securities held in trust account 53,958,681 53,958,681 — — F- 21 Note 9 — Income Taxes The Company’s net deferred tax assets (liabilities) are as follows: December 31,”…
The clause …“order to meet its obligations. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of”…
The clause …“be used for a portion of the expenses of the IPO. As of September 30, 2022, $200,000 was outstanding under the promissory note with our sponsor. We repaid the outstanding balance of $200,000 to our sponsor on October 7, 2022. On”…
The clause …“1,662,623 shares issued and outstanding (excluding 837,857 shares and 5,273,000 shares subject to possible redemption) 166 166 Additional paid-in capital — 4,914,221 (Accumulated deficit) Retained earnings ( 4,483,379 ) 130,916”…
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.
combination deadlinenothing moved · 1 with no prior record of ours
- Combination deadline
- 2024-08-04 · unchanged
The clause …“existing charter) and the Company liquidates without completing its initial business combination before August 4, 2024, the initial stockholders will lose their entire investment in us; • The Sponsor has agreed that it will be liable”…
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 2023-08-14trust $55.4M → $54.0M -3%deadline 2023-10-04 → 2023-12-04
trust account, combination deadline, going-concern doubt +32 moved · 4 with no prior record of ours
- Trust account
- $55.4M$54.0M
- Combination deadline
- 2023-10-042023-12-04
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $155K · unchanged
- Mandate language
- The Company intends to pursue target businesses that are str… · unchanged
- Redeemable shares
- 3.15Mnot matched in this filing
SpacBrain reads this as $1,416,663 left the trust between the two filings.
The clause “2) Significant Other Unobservable Inputs (Level 3) Assets Marketable securities held in Trust Account $ 53,958,681 $ 53,958,681 $ — $ — Note 10 — Subsequent Events The Company evaluated subsequent events and transactions that occurred”…
SpacBrain reads this as 61 days later than the previous record.
The clause …“deposit of $63,129 to the Trust Account on October 31, 2023, the Company has until December 4, 2023 (unless the Company extends the time to complete a Business Combination) to consummate a Business Combination. It is uncertain that”…
The clause …“order to meet its obligations. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of”…
The clause …“combination. As of September 30, 2023 and December 31, 2022, $ 792,252 and $ 155,025 were outstanding under the Promissory Notes, respectively. Related Party Loans In addition, in order to finance transaction costs in connection with”…
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.