UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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KY1-1102, |
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N/A
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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Item 8.01 Other Events
On October 10, 2023, Target Global Acquisition I Corp. (the “Company”) issued a press release announcing that its board of directors (the “Board”), upon request of Target Global Sponsor Ltd (the “Sponsor”), has elected to extend the date by which the Company has to consummate a business combination (the “Termination Date”) from October 13, 2023, for an additional month, to November 13, 2023. The Company’s Amended and Restated Memorandum and Articles of Association, as further amended on June 2, 2023 (the “Articles”), provides the Company the right to extend the Termination Date on a monthly basis for up to six times by an additional one month each time (each, an “Extension”), from September 13, 2023 to March 13, 2024. On or before October 11, 2023, the Sponsor will deposit $90,000 into the Company’s trust account in connection with the Extension, which will be evidenced by a non-interest bearing, unsecured convertible promissory note to the Sponsor and will be repayable by the Company upon consummation of an initial Business Combination.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Description | |
99.1 | Press Release, dated October 10, 2023. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Target Global Acquisition I Corp. | |||
Date: October 10, 2023 | By: | /s/ Shmuel Chafets | |
Name: | Shmuel Chafets | ||
Title: | Chief Executive Officer |