Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal

Year

On February 17, 2023, the shareholders of ALSP Orchid Acquisition Corporation I ("we", "ALSP Orchid" or the "Company") approved, at an extraordinary general meeting of the shareholders of the Company (the "Extraordinary General Meeting"), an amendment to the Amended and Restated Memorandum and Articles of Association (the "Initial Period Extension Amendment") to extend the initial date by which ALSP Orchid must consummate a business combination from February 23, 2023 to August 23, 2023, subject to any additional extensions as provided in the Amended and Restated Memorandum and Articles of Association. On or about February 24th, 2023, the Company will file with the Initial Period Extension Amendment with the Registrar of Companies of the Cayman Islands.

The foregoing description is qualified in its entirety by the full text of the Amended and Restated Memorandum and Articles of Association, as amended by the Initial Period Extension Amendment, which are filed as Exhibit 3.1 hereto and incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders

At the Extraordinary General Meeting, holders of 16,011,933 of the Company's ordinary shares were present in person or represented by proxy, which represented approximately 71.24% of the ordinary shares issued and outstanding and entitled to vote as of the record date of January 26, 2023.

At the Extraordinary General Meeting, the Company's shareholders approved a proposal to adopt the Initial Period Extension Amendment (such proposal, the "Initial Period Extension Amendment Proposal"). Accordingly, the Adjournment Proposal (as such term is defined in the definitive proxy statement related to the Extraordinary General Meeting filed by the Company with the Securities and Exchange Commission (the "SEC") on February 2, 2023) was not presented to the Company's shareholders.

Set forth below are the final voting results for each of the proposal presented at the Extraordinary General Meeting:

Approval of Proposal 1 - Initial Period Extension Amendment Proposal



Votes For    Votes Against   Abstentions   Broker Non-Votes
14,911,282     1,100,651          0               0


Item 8.01 Other events

In connection with the shareholders' vote at the Extraordinary General Meeting, the holders of 15,253,673 ordinary shares of the Company properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.33 per share, for an aggregate redemption amount of approximately $157,689,018.34.

Forward-Looking Statements

This Current Report on Form 8-K includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and factors that may cause such differences include, without limitation, uncertainties relating to the Company's ability to complete an initial business combination within the required time period or, and other risks and uncertainties indicated from time to time in filings with the SEC, including the Company's Annual

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Report on Form 10-K for the fiscal year ended December 31, 2021 under the heading "Risk Factors" and other documents the Company has filed, or will file, with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Item 9.01 Financial Statements and Exhibits




(d) Exhibits.

Exhibit
Number                                    Description

3.1            Amended and Restated Memorandum and Articles of Association of ALSP
             Orchid Acquisition Corporation I, dated February 17, 2023.

104          Cover Page Interactive Data File (embedded within the Inline XBRL
             document).

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