UY Scuti Acquisition Corp. 8-K

What Happened
UY Scuti Acquisition Corp. announced on March 19, 2026 that it adjourned its Extraordinary General Meeting (EGM) originally scheduled that day to Wednesday, March 25, 2026 at 11:00 a.m. ET (Becker & Poliakoff, 45 Broadway, 17th Floor, New York). The company also amended and supplemented its definitive proxy statement to revise the proposed amendment to its charter and Trust Agreement to allow additional extension periods for completing a business combination and to change the sponsor contribution terms for each extension.

Key Details

• EGM adjourned on March 19, 2026 and rescheduled to March 25, 2026 at 11:00 a.m. ET; shareholders of record as of February 19, 2026 may vote.
• Redemption deadline extended to March 23, 2026; shareholders may withdraw redemption requests by having the transfer agent return shares by 5:00 p.m. ET on March 23, 2026.
• Proposed charter/trust amendments would permit up to four 3‑month extension periods (totaling up to April 1, 2027).
• For each Extension Period the Sponsor and/or its designees would deposit into the trust the lesser of (i) $240,000 (total for all remaining public shares) and (ii) $0.10 per remaining public share (the “Extension Fee”); the revised Trust Agreement amendment is filed as Exhibit 10.1.

Why It Matters
The proposals would give UY Scuti more time (up to April 1, 2027) to complete a business combination. The revised sponsor deposits for each extension determine how much additional cash is added to the trust account, which affects the per-share redemption value available to public shareholders and the company’s runway to complete a deal. The adjournment and extended redemption deadline give shareholders more time to consider the proposals and decide whether to vote or redeem. Proxies already submitted will be voted at the adjourned meeting unless revoked.