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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 20, 2023 (April 14, 2023)
Global Technology Acquisition Corp. I
(Exact name of registrant as specified in its charter)
Cayman Islands | 001-40948 | 66-0969672 | ||
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19 W 24 th St. | ||
10 th Floor | ||
New York, New York | 10010 | |
(Address of principal executive offices) | (Zip Code) |
(917)
338-7786
(Registrants telephone number, including area code)
Not Applicable
(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:
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Securities registered pursuant to Section 12(b) of the Act:
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Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-half of one redeemable warrant | GTACU | The NASDAQ Stock Market LLC | ||
Class A Ordinary Shares, $0.0001 par value, | GTAC | The NASDAQ Stock Market LLC | ||
Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 | GTACW | 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 or Rule
12b-2
of the Securities Exchange Act of 1934.
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. |
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The information disclosed in Item 5.07 of this Current Report on Form
8-K
(this Current Report) under the
heading Proposal 1 is incorporated by reference into this Item 5.03 to the extent required.
Item 5.07. |
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Extraordinary General Meeting
On April 14, 2023,
Global Technology Acquisition Corp. I, a Cayman Islands exempted company (GTAC) held an extraordinary general meeting of shareholders (the Extraordinary General Meeting), at which holders of GTACs 21,033,957 ordinary
shares, comprised of GTACs Class A ordinary shares, par value $0.0001 per share (Class A Ordinary Shares), and GTACs Class B ordinary shares, par value $0.0001 per share (Class B Ordinary
Shares), were present in person or by proxy, representing approximately 84.14% of the voting power of the 25,000,000 issued and outstanding ordinary shares of GTAC, comprised of 20,000,000 Class A Ordinary Shares and 5,000,000
Class B Class B Ordinary Shares, entitled to vote at the Extraordinary General Meeting at the close of business on March 7, 2023, which was the record date (the Record Date) for the Extraordinary General Meeting.
GTACs shareholders of record as of the close of business on the Record Date are referred to herein as Shareholders. In connection with the Extension (as defined below), a total of 167 Shareholders have elected to redeem an
aggregate of 17,910,004 Class A Ordinary Shares, representing approximately 89.55% of the issued and outstanding Class A Ordinary Shares. A summary of the voting results at the Extraordinary General Meeting for each of the proposals is set
forth below.
Proposal 1
The Shareholders approved,
by special resolution, the proposal to amend and restate GTACs Amended and Restated Memorandum and Articles of Association, in the form set forth in Annex A of the proxy statement, to extend the date by which GTAC must (1) consummate a
merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination (an initial business combination), (2) cease its operations except for the purpose of winding up if it fails to complete such
initial business combination, and (3) redeem all of the Class A Ordinary Shares, included as part of the units sold in GTACs initial public offering that was consummated on October 25, 2021 (the IPO), from
April 25, 2023 to April 25, 2024 or to October 25, 2024 at the election of GTAC in two separate three-month extensions subject to satisfaction of certain conditions, including the deposit of up to $2,000,000 ($0.10 per unit in
each case) for each three-month extension, into the trust account established in connection with the IPO (the Extension and such proposal, the Extension Proposal). The voting results for such proposal were as follows:
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| 5,766,119 | 0 | 0 |
On April 14, 2023, to effectuate the Extension, GTAC filed with the Cayman Islands Registrar of Companies the Second
Amended and Restated Memorandum and Articles of Association of GTAC (the Second A&R Charter). The foregoing description of the Second A&R Charter does not purport to be complete and is qualified in its entirety by the terms of
the Second A&R Charter, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference.
Proposal 2
The proposal to adjourn the Extraordinary General Meeting to a later date or dates, if necessary or convenient, to permit further solicitation and vote of
proxies in the event that there were insufficient votes for, or otherwise in connection with, the approval of the Extension Proposal, was not presented at the Extraordinary General Meeting, as the Extension Proposal received a sufficient number of
votes for approval.
Forward Looking Statements
Certain statements made in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in
this release are forward-looking statements. When used in this release, words such as
anticipate
,
believe
,
continue
,
could
,
estimate
,
expect
,
intend
,
may
,
might
,
plan
,
possible
,
potential
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predict
,
project
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should
,
would
and variations of these words or similar expressions (or the negative versions of such words or expressions), as they relate to GTAC or its management team, are intended to identify forward-looking
statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, GTACs management. Forward-looking statements are not guarantees of future performance,
conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of GTAC, including those set forth in the Risk Factors section of GTACs Annual
Report on Form
10-K,
filed March 31, 2023 and other documents of GTAC filed, or to be filed, with the Securities and Exchange Commission, that could cause actual results or outcomes to differ materially
from those discussed in the forward-looking statements. All subsequent written or oral forward-looking statements attributable to GTAC or persons acting on its behalf are qualified in their entirety by this paragraph. GTAC undertakes no obligation
to update or revise any forward-looking statements for revisions or changes after the date of this release, except as required by law.
Item 9.01. |
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(d) Exhibits.
| Description | |
3.1 | Second Amended and Restated Memorandum and Articles of Association of GTAC. | |
104* | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
Dated: April 20, 2023
GLOBAL TECHNOLOGY ACQUISITION CORP. I | ||
By: |
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Name: | Arnau Porto Dolc | |
Title: | Chief Executive Officer |
Exhibit 3.1
THE COMPANIES ACT (AS REVISED) OF THE CAYMAN ISLANDS
EXEMPTED COMPANY LIMITED BY SHARES
AMENDED AND RESTATED
MEMORANDUM AND ARTICLES OF ASSOCIATION
OF
GLOBAL TECHNOLOGY
ACQUISITION CORP. I
(ADOPTED BY SPECIAL RESOLUTION DATED 14 APRIL 2023 AND EFFECTIVE ON 14 APRIL 2023)
1
THE COMPANIES ACT (AS REVISED) OF THE CAYMAN ISLANDS
EXEMPTED COMPANY LIMITED BY SHARES
AMENDED AND RESTATED
MEMORANDUM AND ARTICLES OF ASSOCIATION
OF
GLOBAL TECHNOLOGY
ACQUISITION CORP. I
(ADOPTED BY SPECIAL RESOLUTION DATED 14 APRIL 2023 AND EFFECTIVE ON 14 APRIL 2023)
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The above information was disclosed in a filing to the SEC. To see the filing, click here.
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