Arogo Capital Acquisition CORP

Market Movers (8-K)

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Arogo Capital Acquisition Corp. has amended its charter to extend the deadline for its initial business combination from June 29, 2026, to June 29, 2028, and to allow for stockholder actions via written consent.
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Arogo Capital Acquisition Corp. and Bangkok Tellink Co., Ltd. have agreed to a business combination valuing the combined entity at $350 million, with plans to list on Nasdaq.
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Arogo Capital Acquisition Corp. successfully extended its business combination deadline to June 29, 2026, and removed limitations on share redemptions following a special stockholder meeting.
Delay expected
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Arogo Capital Acquisition Corp. has signed a binding letter of intent to merge with Bangkok Tellink Co., Ltd., a telecommunications and IoT solutions provider, with the aim of taking the latter public.
Capital raise
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Arogo Capital Acquisition Corp. has terminated its business combination agreement with Ayurcann Holdings Corp. due to Ayurcann's failure to deliver required financial statements.
Worse than expected
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Arogo Capital Acquisition Corp. has extended its deadline to complete a business combination by one month to October 29, 2024, by depositing $40,000 into its trust account.
Delay expected

Quarterly Earnings (10-Q)

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Arogo Capital Acquisition Corp. reported a net loss for the third quarter of 2024, navigated a delisting from Nasdaq, and is pursuing a new business combination after terminating a previous agreement.
Capital raise
Worse than expected
Delay expected
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Arogo Capital Acquisition Corp. reported a net loss for the second quarter of 2024 and is facing potential delisting from Nasdaq due to non-compliance with listing requirements.
Worse than expected
Delay expected
Capital raise
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Arogo Capital Acquisition Corp. reported a net loss of $188,723 for the first quarter of 2024, as it continues to seek a suitable business combination target.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

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Arogo Capital Acquisition Corp. reported a significant net loss, delisted from Nasdaq, terminated two prior merger agreements, and extended its business combination deadline to June 2026, while pursuing a new merger with Thailand-based telecommunications provider Tellink.
Delay expected
Capital raise
Worse than expected
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Arogo Capital Acquisition Corp.'s annual report outlines its financial status, business strategy, and challenges in finding a suitable merger target.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Arogo Capital Acquisition Corp. has amended its charter to extend the deadline for its initial business combination from June 29, 2026, to June 29, 2028, and to allow for stockholder actions via written consent.
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Arogo Capital Acquisition Corp. and Bangkok Tellink Co., Ltd. have executed a definitive business combination agreement, valuing the transaction at $350 million, with plans to list the combined entity on The Nasdaq Global Market.
Capital raise
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Mangrove Partners IM, LLC files Form 4 to report it is no longer subject to Section 16 of the Exchange Act after its ownership stake in Arogo Capital Acquisition Corp. fell below 10%.
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Arogo Capital Acquisition Corp. successfully extended its business combination deadline to June 29, 2026, and removed limitations on share redemptions following a special stockholder meeting.
Delay expected
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Arogo Capital Acquisition Corp. has signed a binding letter of intent with Bangkok Tellink Co., Ltd, signaling a potential merger that could take the telecommunications company public in the U.S.
Capital raise
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Arogo Capital Acquisition Corp. has terminated its business combination agreement with Ayurcann Holdings Corp. due to Ayurcann's failure to deliver required financial statements and the transaction not being completed by the termination date.
Worse than expected
Delay expected

Proxy Statements (Def-14A)

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Arogo Capital Acquisition Corp. is seeking stockholder approval to extend the deadline for completing a business combination from December 29, 2024, to June 29, 2026, and to remove certain redemption limitations.
Delay expected
Worse than expected
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Arogo Capital Acquisition Corp. is seeking stockholder approval to amend its charter, allowing Class B common stock to be converted into Class A common stock to comply with Nasdaq's continued listing requirements.

Schedule 13G - Passive Investments

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Clear Street LLC has filed an amendment to terminate its Schedule 13G filing for Arogo Capital Acquisition Corp., indicating its beneficial ownership no longer meets the 5% reporting threshold.
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Clear Street LLC has reported beneficial ownership of 226,983 shares, representing 7.4% of the outstanding common stock of Arogo Capital Acquisition Corp.
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An amended Schedule 13G filing shows that Kerry Propper and Antonio Ruiz-Gimenez, through their associated investment entities, have reduced their beneficial ownership in Arogo Capital Acquisition Corp. to 0.0%.
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Meteora Capital, LLC and its managing member Vik Mittal have reported a complete divestment of their beneficial ownership in Arogo Capital Acquisition Corp.'s Class A Common Stock, reducing their stake to 0%.
Worse than expected
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Cowen and Company, LLC has filed an amended Schedule 13G, indicating it no longer holds a beneficial ownership stake in Arogo Capital Acquisition Corp.
Worse than expected
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Mangrove Partners IM, LLC and its principal, Nathaniel August, have filed an amended Schedule 13G, disclosing beneficial ownership of 4.49% of Arogo Capital Acquisition Corp.'s Class A Common Stock as of December 31, 2024.