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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

April 25, 2023

Date of Report (Date of earliest event reported)

 

Greencity Acquisition Corporation

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-39404   n/a
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

505 Eshan Road, Floor 6,

 Pudong New District, Shanghai, China

 

 

200120

(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (+86) 21-20257919

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Units, each consisting of one ordinary share, par value $0.001, one redeemable warrant to purchase one-half ordinary share   GRCYU   The Nasdaq Stock Market LLC
Ordinary Share   GRCY   The Nasdaq Stock Market LLC
Redeemable warrants, each warrant exercisable for one-half ordinary share   GRCYW   The Nasdaq Stock Market LLC

 

 

 

 

 

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

  

At the Extraordinary General Meeting of Greencity Acquisition Corporation, which was held on April 25, 2023, each of the proposals described below was approved by the Company’s shareholders of record. The final results for the votes regarding each proposal are set forth in the following tables. Each of the proposals is described in detail in the Company’s Proxy Statement.

 

Proposal 1:

 

Approval of amending the Company’s amended and restated memorandum and articles of association to extend the date by which the Company has to consummate a business combination six (6) times for an additional one (1) month each time from April 28, 2023 to October 28, 2023 by amending the Amended and Restated Memorandum and Articles of Association by deleting the existing Section 48.7 thereof and replacing them with the new Section 48.7 in the form set forth in Annex A of the accompanying proxy statement:

 

   For   Against   Abstain 
Charter Amendment Proposal   1,637,943    1    0 

 

Proposal 2:

 

Approval of an adjournment of the Extraordinary General Meeting to a later date or dates to permit further solicitation of proxies:

  

   For   Against   Abstain 
Adjournment Proposal   1,606,784    31,160    0 

 

Because the other proposal had received the requisite approval, this Proposal 2 was rendered moot and not voted at the Extraordinary General Meeting.

 

A total of 405,705 shares of common stock were presented for redemption in connection with the Extraordinary General Meeting.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf as of April 26, 2023 by the undersigned hereunto duly authorized.

 

  Greencity Acquisition Corporation
     
  By: /s/ Jinlong Liu
    Jinlong Liu
    Chief Executive Officer