Item 5.03. Amendments to Articles of Incorporation or Bylaws.

The information included in Item 5.07 of this Current Report on Form 8-K is incorporated by reference in this Item 5.03 to the extent required herein.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On April 14, 2023, SportsMap Tech Acquisition Corp. (the "Company") held a special meeting of stockholders (the "Meeting"), at which the Company's stockholder of record voted on the proposals set forth below, each of which is described in detail in the proxy statement filed with the Securities and Exchange Commission (the "SEC") on March 21, 2023, which was first mailed by the Company to its stockholders on or about March 23, 2023.

As of March 21, 2023, the record date for the Meeting, there were 15,050,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Company issued and outstanding and entitled to vote at the Meeting. A total of 12,211,848 shares of the Common Stock, representing approximately 81.14% of the issued and outstanding shares of the Common Stock, were present in person by virtual attendance or represented by proxy at the Meeting, constituting a quorum for the Meeting. The final voting results for each proposal submitted to the stockholders of record of the Company at the Special Meeting are included below.

Each of the proposals described below was approved by the Company's stockholders of record. In connection with the Extension, 9,865,056 shares of the Company's common stock were redeemed (the "Redemption"), with 5,184,944 shares of Common Stock remaining outstanding after the Redemption, of which 1,634,944 shares of Common Stock remaining outstanding after the Redemption are shares issued in connection with our initial public offering (the "Public Shares"). Our public stockholders will continue to have the opportunity to redeem all or a portion of their Public Shares upon the completion of our initial business combination at a per-share price, payable in cash, equal to the aggregate amount on deposit in the trust account as of two business days prior to the vote to approve the consummation of our initial business combination, including interest (which interest shall be net of taxes payable) divided by the number of then outstanding Public Shares, subject to the limitations described herein.

Following the Redemption, approximately $17.0 million remains on deposit in our trust account.

If we are unable to complete an initial business combination on or before December 20, 2023 (unless the stockholders approve a further amendment to the Company's amended and restated certificate of incorporation to extend the date by which the Company has to consummate a business combination), we will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest (which interest shall be net of taxes payable, and less up to $50,000 of interest to pay dissolution expenses) divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders' rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders and our board of directors, dissolve and liquidate, subject in each case to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.





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Set forth below are the final voting results for the proposals:





Proposal 1:

A proposal to approve the amendment of the Company's amended and restated certificate of incorporation to extend the date by which the Company must consummate a business combination or, if it fails to do so, cease its operations and redeem or repurchase 100% of the shares of the Company's common stock issued in the Company's initial public offering, from April 20, 2023, monthly for up to eight additional months at the election of the Company, ultimately until as late as December 20, 2023.





    For           Against       Abstentions
  11,759,704       448,592          3,552




Proposal 2:

A proposal to approve the amendment to the Investment Management Trust Agreement, dated October 18, 2021, by and between the Company and Continental Stock Transfer & Company, to authorize the extension subject to Proposal 1 above and its implementation by the Company.





    For           Against       Abstentions
  11,759,704       448,592          3,552




Proposal 3:

For the approval the adjournment of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of Proposals 1 and 2.





    For           Against       Abstentions
  11,752,564       459,284              0

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.



Exhibit No.   Description
  3.1           Amendment to Amended and Restated Certificate of Incorporation of
              SportsMap Tech Acquisition Corp., dated April 20, 2023
  10.1          Form of Amendment to the Investment Management Trust Agreement
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)




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