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Karman Line Acquisition Corp. asks shareholders to approve changing its name to Xterax Corporation II and adopting amended and restated articles. Annex A is headed “Xterax Corporation,” without “II,” while the proposal specifies “Xterax Corporation II.” If approved, shareholders would not need to exchange existing certificates, and ticker symbols XTERU, XTER and XTERW would remain unchanged.
The extraordinary meeting is scheduled for October 19, 2026. The name change requires at least two-thirds of votes cast by Class A and Class B shares voting together. The adjournment proposal requires a simple majority and, if approved, would permit postponement to solicit proxies if votes are insufficient or if the Board determines more time is necessary or convenient to effect the name change. No redemption right applies to either proposal, and no dissenters’ or appraisal rights are provided for the name change.