UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 216, 2024

ACE GLOBAL BUSINESS ACQUISITION LIMITED

(Exact ~~Name~~name of ~~Registrant~~registrant as ~~Specified~~specified in its ~~Charter~~ charter)

British Virgin Islands		001-40309		n/a
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

Rm. 806, 8/F., Tower 2, Lippo Centre, No. 89 Queensway,

Admiralty, Hong Kong

(Address of ~~Principal~~principal ~~Executive~~executive ~~Offices~~offices)

Registrant’s telephone number, ~~including~~ including area code: +(852) 2151 5198 / 2151 5598

Former name or former address, if changed since last report: N/A

~~(Former~~Check ~~name~~the orappropriate ~~former~~box ~~address,~~below if ~~changed~~the ~~since~~Form 8-K ~~last~~filing ~~report)~~is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Ordinary Share, par value $0.001 per share, and one Redeemable Warrant entitling the holder to receive one Ordinary Share	ACBAU	NASDAQ Capital Market
Ordinary Shares	ACBA	NASDAQ Capital Market
Warrants	ACBAW	NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (~~17 CFR~~ §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (~~17 CFR~~ §240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

~~As approved~~The bydisclosure ~~its~~contained ~~shareholders~~in atItem ~~the Annual Meeting of Shareholders on April~~ 2, 2024 (the “Meeting”), Ace Global Business Acquisition Limited (the “Company” or “Ace”) entered into an amendment (the “Trust Amendment”) to the investment management trust agreement, dated April 5, 2021, as amended on January 5, 2023 and September 19, 2023, with Continental Stock Transfer & Trust Company on April 2, 2024.03 ~~Pursuant~~is ~~to the Trust Amendment, the Company has the right to further extend the time to complete~~incorporated ~~a business combination a total of six (6) times for an additional one (1) month each time from April 8, 2024 to October 8, 2024~~ by ~~depositing into~~reference ~~the trust account for each one-month extension, the lesser of (i) $30,000 and (ii) an aggregate amount equal to $0.033 multiplied by the number of issued and outstanding Company ordinary share issued~~ in ~~the~~this ~~IPO~~Item ~~that has not been redeemed (each, a “Public Share”)(each, an “Extension Payment”)~~1.01.

~~On April~~Item 5, 2024, the Company issued an unsecured promissory note in the aggregate principal amount of $30,000 (the “Note”) to Ace Global Investment Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from April 8, 2024 to May 8, 20242.03 ~~The~~Creation ~~Note does not bear interest and matures upon the closing~~ of a ~~business~~Direct ~~combination~~Financial byObligation ~~the~~or ~~Company.~~an InObligation ~~addition,~~under ~~the~~an ~~Note~~Off-Balance ~~may~~Sheet beArrangement ~~converted by the holder into units~~ of ~~the Company identical to the units issued in the Company’s initial public offering at~~ a ~~price of $10~~Registrant.~~00 per unit.~~

~~Item~~On 5April 16, 2024, Ace Global Business Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $30,000 (the “Note”) to Ace Global Investment Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from May 9, 2024 to June 8, 2024.03 The Note does not bear interest and matures upon the closing of a business combination by the Company. ~~Amendments~~In toaddition, ~~Articles~~the Note may be converted by the holder into units of ~~Incorporation~~the orCompany ~~Bylaws;~~identical to ~~Change~~the units issued in ~~Fiscal~~the ~~Year~~Company’s initial public offering at a price of $10.00 per unit.

~~As approved~~The byforegoing ~~its~~description ~~shareholders~~is atqualified ~~the~~in ~~Meeting on April 2, 2024, the Company filed an amended and restated memorandum and articles of association~~its onentirety ~~April~~by 3,reference ~~2024~~to (the ~~“Charter Amendment”)~~Note, ~~giving the Company the right to extend the date by which it has to complete~~ a ~~business~~ ~~combination~~copy ~~up to a total~~ of ~~six~~which ~~(6)~~is ~~times~~attached ~~for~~as anExhibit ~~additional one (~~10.1) ~~month~~hereto ~~each~~and ~~time~~is ~~from~~incorporated ~~April~~herein 8,by ~~2024 to October 8, 2024~~reference.

Item 58.~~07.~~01 ~~Submission~~Other ~~of Matters to a Vote of Security Holders.~~Events

~~On March~~The ~~11,~~Company ~~2024,~~issued the ~~record~~press ~~date~~release ~~for~~filed ~~the Meeting, there were 3,431,179 ordinary shares of the Company entitled to vote at the Meeting.~~herewith Onon April 217, 2024,. ~~the~~The ~~Company~~materials ~~held~~attached ~~the~~as ~~Meeting,~~Exhibit ~~of which 2,758,676 (or approximately 80~~99.~~40%)~~1 ofare ~~the~~incorporated ~~ordinary shares of the Company entitled to vote, were represented in the Meeting either in person or~~ by ~~proxy~~reference herein.

~~The final~~Item ~~results~~9.01 ~~for~~Financial ~~each~~Statements ofand ~~the matters submitted to a vote of Company shareholders at the Meeting are as follows:~~Exhibits

1.The ~~Charter~~following ~~Amendment~~exhibits are furnished herewith:

~~Shareholders approved~~EXHIBIT the proposal to amend and restate the Company’s amended and restated memorandum and articles of association, giving the Company the right to extend the date by which it has to complete a business combination up to a total of six (6) times for an additional one (1) month each time from April 8, 2024 to October 8, 2024. Approval of the Charter Amendment required the majority of the votes of the shares which were present in person or by proxy and entitled to vote thereon at the Meeting. The voting results were as follows:INDEX

FOR	AGAINST	ABSTAIN	BROKER NON-VOTES
Exhibit No.	Description
2,550,198	208,478	0	0
10.1	Promissory Note issued to the Sponsor.
99.1	Press Release, dated April 17, 2024.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

~~2. Trust Amendment~~SIGNATURES

~~Shareholders approved~~Pursuant ~~the proposal~~ to ~~amend~~ the ~~Company’s~~requirements ~~investment~~of ~~management trust agreement, dated April 5, 2021, as amended on January 5, 2023 and September 19, 2023, by and between~~ the ~~Company and Continental Stock Transfer & Trust Company to allow the Company to further~~Securities ~~extend~~Exchange ~~the~~Act ~~time to complete a business combination a total~~ of ~~six (6) times for an additional one (1) month each time from April 8~~1934, ~~2024 to October 8, 2024 by depositing into~~ the ~~trust~~registrant ~~account~~has ~~for~~duly ~~each~~caused ~~one-month~~this ~~extension,~~report ~~the lesser of (i) $30,000 and (ii) an aggregate amount equal~~ to ~~$0.033~~be ~~multiplied~~signed byon ~~the~~its ~~number~~behalf ~~of issued and outstanding Public Share that has not been redeemed. Approval of the Trust Amendment required approval~~ by the ~~affirmative vote of holders of at least a majority of the Company’s ordinary shares sold in the IPO~~undersigned, ~~excluding~~thereunto ~~the~~duly ~~founder shares and private shares~~authorized. ~~The voting results were as follows:~~

FOR		AGAINST		ABSTAIN		BROKER NON-VOTES
1,233,269		71,407		0		0

Date: April 17, 2024

3.Ace ~~Election~~Global ofBusiness ~~Directors~~Acquisition Limited (Registrant) By: /s/ Eugene Wong Name: Eugene Wong Title: Chief Executive Officer

~~Shareholders elected all of the five nominees for directors to serve until the next annual meeting of shareholders. The voting results were as follows:~~2

	FOR		WITHHELD		BROKER NON-VOTE
Eugene Wong		2,758,676		0		0
Nicholas Xue-Wei Tan		2,758,676		0		0
Robert Morris		2,758,676		0		0
Yan Xu		2,758,676		0		0
Leslie Chow		2,757,269		1,407		0

As there were sufficient votes to approve the above proposals, Proposal No. 4, the “Adjournment Proposal” described in the definitive proxy of the Company, which was filed with the Securities and Exchange Commission (the “SEC”) on March 15, 2024 was not presented to the shareholders.

Item 8.01. Other Events.

In connection with the shareholders vote at the Meeting, 841,669 ordinary shares were tendered for redemption. On April 5, 2024, the Company made a deposit to the trust account as provided above and extended the amount of time it has available to complete a business combination from April 8, 2024 to May 8, 2024. Following such redemptions and the deposit of the extension payment described above, the amount of funds remaining in the trust account is approximately $13,784,882.98.

Item 9.01. Financial Statements and Exhibits

Exhibit No.		Description
3.1		Amended and restated memorandum and articles of association of Ace Global Business Acquisition Limited, adopted by shareholders of the Company on April 2, 2024 and filed with the BVI Registry of Corporate Affairs on April 3, 2024
10.1		Promissory Note dated April 5, 2024
10.2		Amendment to the investment management trust agreement, dated as of April 2, 2024, with Continental Stock Transfer & Trust Company
99.1		Press Release dated April 8, 2024
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	Ace Global Business Acquisition Limited
Dated: April 8, 2024	/s/ Eugene Wong
	Eugene Wong
	Chief Executive Officer

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