0001914023 false --12-31 0001914023 2023-02-08 2023-02-08 0001914023 ACAC:UnitsEachConsistingOfOneShareOfClassCommonStockAndOnhalfOfOneWarrantMember 2023-02-08 2023-02-08 0001914023 ACAC:ClassCommonStockParValue0.0001PerShareMember 2023-02-08 2023-02-08 0001914023 ACAC:WarrantsEachWholeWarrantExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50Member 2023-02-08 2023-02-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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

 

February 10, 2023 (February 8, 2023)

Date of Report (Date of earliest event reported)

 

Acri Capital Acquisition Corporation

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-41415   87-4328187

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

13284 Pond Springs Rd, Ste 405

Austin, Texas

  78729
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: 512-666-1277

 

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

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one share of Class A Common Stock and on-half of one Warrant   ACACU   The Nasdaq Stock Market LLC
         
Class A Common Stock, par value $0.0001 per share   ACAC   The Nasdaq Stock Market LLC
         
Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50   ACACW   The Nasdaq Stock Market LLC

 

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

 

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.

 

 

 

 

 

 

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

 

On February 8, Acri Capital Acquisition Corporation (the “Company”) held a special meeting of stockholders (the “Special Meeting”). At the Special Meeting, the stockholders of the Company approved the proposal to amend Company’s amended and restated certificate of incorporation (“Charter”) to amend the amount of monthly deposit (each, a “Monthly Extension Payment”) required to be deposited in the trust account (the “Trust Account”) from $0.0333 for each public share to $0.0625 for each public share for up to nine (9) times if the Company has not consummated its initial business combination by March 14, 2023 (the nine (9) month anniversary of the closing of its initial public offering) (the “Extension Amendment Proposal”). Upon the stockholders’ approval, on February 9, 2023, the Company filed a certificate of amendment to the Charter which became effective upon filing. A copy of the certificate of amendment to the Charter is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference.

 

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

 

On December 28, 2022, the record date for the Special Meeting, there were 10,781,250 shares of common stock of the Company entitled to be voted at the Special Meeting, approximately 90.11% of which were represented in person or by proxy at the special meeting.

 

The final results for the matter submitted to a vote of the Company’s stockholders at the special meeting are as follows:

 

1. The Extension Amendment Proposal

 

The stockholders approved the proposal to amend the Company’s Charter to amend Monthly Extension Payment required to be deposited in the Trust Account from $0.0333 for each public share to $0.0625 for each public share for up to nine (9) times if the Company has not consummated its initial business combination by March 14, 2023 (the nine (9) month anniversary of the closing of its initial public offering). The voting results were as follows:

 

FOR   AGAINT   ABSTAIN
8,416,678   1,297,309   850

 

Item 8.01. Other Events.

 

In connection with the votes to approve the Extension Amendment Proposal, 4,981,306 shares of Class A common stock of the Company were rendered for redemption.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description
3.1   Certificate of Amendment to the Amended and Restated Certificate of Incorporation, adopted by stockholders of the Company on February 8, 2023 and filed with the Secretary of State of the State of Delaware on February 9, 2023.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

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.

 

  Acri Capital Acquisition Corporation
   
Date: February 10, 2023 By: /s/ “Joy” Yi Hua
  Name:  “Joy” Yi Hua
  Title: Chief Executive Officer

 

 

2