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


           Year.

On February 3, 2023, Blockchain Coinvestors Acquisition Corp. I ("BCSA") held an extraordinary general meeting (the "Shareholder Meeting") at which BCSA's shareholders approved a proposal to amend BCSA's amended and restated memorandum and articles of association (the "Memorandum and Articles of Association") to extend the date by which BCSA has to consummate a business combination from May 15, 2023 to November 15, 2023 (the "Extension Amendment Proposal"). The Extension Amendment Proposal is described in more detail in BCSA's definitive proxy statement filed with the U.S. Securities and Exchange Commission on December 29, 2022 (the "Proxy Statement"). The final voting results for the Extension Amendment Proposal are indicated below.

The foregoing description is qualified in its entirety by reference to the amendment to the Memorandum and Articles of Association, a copy of which is attached to this Current Report on Form 8-K (this "Current Report") as Exhibit 3.1 and is incorporated by reference herein.

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

The information disclosed under Item 5.03 of this Current Report is incorporated by reference into this Item 5.07.

At the Shareholder Meeting, there were 36,700,307 ordinary shares of BCSA present in person, virtually over the internet or represented by proxy, representing 88.82% of the outstanding ordinary shares of BCSA as of December 28, 2022, the record date for the Shareholder Meeting, and constituting a quorum for the transaction of business. The shareholders approved the Extension Amendment Proposal and the voting results for the proposal were as follows:

Extension Amendment Proposal

Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 36,589,148

                  111,149                         10

As there were sufficient votes to approve the Extension Amendment Proposal, the "Adjournment Proposal" described in the Proxy Statement was not presented to shareholders.




Item 8.01. Other Events.

The information disclosed under Item 5.03 and Item 5.07 of this Current Report is incorporated by reference into this Item 8.01.

In connection with the vote to approve the Extension Amendment Proposal, holders of 26,406,729 Class A ordinary shares of BCSA exercised their right to redeem their shares for cash at a redemption price of approximately $10.38 per share, for an aggregate redemption amount of approximately $274.2 million. As a result, approximately $274.2 million will be removed from the trust account established by BCSA in connection with its initial public offering to redeem such shares and 4,915,271 Class A ordinary shares of BCSA will remain outstanding after the redemption has been effected, including 1,322,000 shares underlying the private placement units which BCSA's Sponsor, Blockchain Coinvestors Acquisition Sponsors I LLC, purchased in a private placement concurrently with the consummation of the initial public offering. Upon payment of the redemption, approximately $37.3 million will remain in the trust account.

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Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.

Exhibit
Number       Description

3.1            First Amendment to the Amended and Restated Memorandum and Articles
             of Association.

104          Cover Page Interactive Data File (formatted as Inline XBRL and
             contained as Exhibit 101).

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