Current Report Filing (8-k)
March 08 2022 - 4:02PM
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2022-03-07
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2022-03-07
2022-03-07
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2022-03-07
2022-03-07
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GLAQ:WarrantsEachWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf11.50Member
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2022-03-07
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date
of Report (Date of Earliest Event Reported): March 7, 2022
GLOBIS
ACQUISITION CORP.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-39786 |
|
85-2703418 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
7100
W. Camino Real, Suite 302-48
Boca
Raton, Florida |
|
33433 |
(Address
of principal executive offices) |
|
(Zip
Code) |
212-847-3248
Registrant’s
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:
☒ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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 share of Common Stock, and one Warrant to acquire one share of Common Stock |
|
GLAQU |
|
The
Nasdaq Stock Market LLC |
Common
Stock, par value $0.0001 per share |
|
GLAQ |
|
The
Nasdaq Stock Market LLC |
Warrants,
each warrant exercisable for one share of Common Stock at an exercise price of $11.50 |
|
GLAQW |
|
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
1.01. Entry into a Material Definitive Agreement.
The
disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01
Item
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On
March 7, 2022, Globis Acquisition Corp. (the “Company”) drew down $1,150,000 under an unsecured promissory note (the “Note”)
that was previously issued to Globis SPAC LLC, the Company’s initial public offering sponsor (the “Sponsor”). The proceeds
from the draw down have been deposited into the Company’s trust account in order to extend the period of time the Company has to
complete its initial business combination (the “completion window”). As a result, the completion window was extended by 3
months from the current deadline of March 15, 2022 until June 15, 2022. The Company’s stockholders are not entitled to vote on
or redeem their shares in connection with such extension of the completion window. The Note does not bear interest and matures upon closing
of a business combination by the Company.
Item
8.01 Other Events.
On
March 8, 2022, the Company issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form
8-K, announcing that the completion window was extended until June 15, 2022 because the Sponsor has timely deposited $1,150,000 in the
Company’s trust account.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
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:
March 8, 2022 |
GLOBIS
ACQUISITION CORP. |
|
|
|
|
By: |
/s/
Paul Packer |
|
Name: |
Paul
Packer |
|
Title: |
Chief
Executive Officer and Chief Financial Officer |
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