Welcome to our dedicated page for Chain Bridge I SEC filings (Ticker: CBGGF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Chain Bridge I SEC filings document a SPAC issuer with Class A ordinary shares, units and warrants registered as separate securities. The CBGGF unit consists of one Class A ordinary share and one-half of one redeemable warrant to acquire one Class A ordinary share, linking the filing record to capital-structure, redemption and warrant disclosures.
Its 8-K reports, proxy materials and late-filing notices cover material agreements, promissory-note financing, shareholder votes, charter and governance matters, trust-account contributions, OTC listing-status notices and annual-report timing. The disclosures also identify the company as a Cayman Islands emerging growth company and describe formal reporting obligations under the Exchange Act.
Chain Bridge I filed Amendment No. 1 to its Q3 2024 report to restate results after identifying two accounting errors. A $200,000 payment made on the company’s behalf should have been recorded as an increase to the Bridge Financing Note with a corresponding expense, and a $97,500 retainer should have been amortized to expense.
After restatement, Q3 general and administrative expenses rose by $297,500, reducing Q3 net income to $326,476. For the nine months, net loss increased to $(1,359,371). The company states there was no impact on cash or Trust Account balances. As of September 30, 2024, the Bridge Financing Note stood at $1,063,235, cash was $428,625, and working capital showed a deficit of $583,851.
Management concluded disclosure controls and procedures were not effective due to a material weakness in reviewing and reconciling liabilities and prepaid expenses and plans remediation. The filing also reiterates substantial doubt about the company’s ability to continue as a going concern given the November 15, 2025 deadline to complete a business combination.
Chain Bridge I disclosed that it issued an unsecured, non-interest bearing promissory note to C/M Capital Master Fund LP with an aggregate principal amount of $1,250,000 for an aggregate purchase price of $1,000,000. The note is due in full on June 30, 2026 and may be prepaid at any time without penalty. It ranks junior to certain existing indebtedness of the company and senior to all other indebtedness of the company and its subsidiaries.
The proceeds will be used to pay fees and expenses related to the company’s initial business combination and for other general corporate purposes. The note contains customary covenants and events of default, including bankruptcy-related events, uncured breaches lasting five business days, and failure to establish and authorize a new series of preferred shares by November 15, 2025. The lender has the right to exchange all or part of the note into these new preferred shares on mutually agreed terms.
Chain Bridge I entered a Contribution Agreement with Fulton AC I LLC tied to an upcoming extension vote. At the October 29, 2025 meeting, shareholders will consider amending the charter to extend the deadline to complete a business combination from November 15, 2025 to November 15, 2026 and remove the net tangible assets $5,000,001 limitation.
If the amendment is approved and implemented, Fulton AC will deposit $0.01 per Public Share remaining outstanding and not redeemed on the 16th of each month starting November 16, 2025, into the Trust Account, until the extended deadline, a business combination, or a wind-up. Fulton AC agreed to fund up to approximately $54,688 for these monthly contributions. It previously contributed about $102,630 and will add $4,557.36 on October 15, 2025 related to prior extensions.
As consideration, upon closing a business combination, Fulton AC would receive securities of the post‑combination entity, with type and amount to be agreed among the parties; no value is received if no deal closes. If Fulton AC indicates it will not fund, the proposals will not be presented and the Company would proceed to wind up under the existing charter.
Chain Bridge I (CBGGF) files a definitive proxy statement describing shareholder votes, financing history and operational timelines. The company raised $230,000,000 in its IPO through $10.00 units and completed a private placement of 10,550,000 warrants that generated $10,550,000. As of November 15, 2021, $234,600,000 of net proceeds were deposited in a Trust Account invested in U.S. government securities pending an Initial Business Combination. On the Record Date there were 6,756,683 outstanding Ordinary Shares. Holders exercised redemptions of 18,848,866 Class A Shares for approximately $197,854,025 and 3,144,451 Class A Shares for approximately $34,500,000 in separate votes. The company seeks shareholder approval to extend its termination date to November 15, 2026 and discloses various non-redemption/backstop agreements, conversion mechanics for Class B shares, certain related-party contributions and the April 7, 2025 termination of the Phytanix Agreement which led to termination of associated non-redemption agreements.