Material Event Form 8 K

On September 26, 2024, ExcelFin Acquisition Corp. (the "Company") held a special meeting of its stockholders (the "Special Meeting"). At the Special Meeting, the holders of the Company's Class A common stock ("Common Stock") voted to approve the Business Combination described in the proxy statement/prospectus. In connection with the vote to approve the Business Combination, the holders of shares of Common Stock were entitled to redeem their shares for cash. The Company expects the Business Combination to close on September 30, 2024, subject to the satisfaction or waiver of all applicable closing conditions. The per-share redemption price for the Common Stock tendered for redemption (and not subsequently rescinded or reversed) in connection with the Closing of the Business Combination is expected to be approximately $11.07 per share.