Current Report Filing (8-k)
October 14 2022 - 4:13PM
Edgar (US Regulatory)
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2022-10-07
2022-10-07
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2022-10-07
2022-10-07
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2022-10-07
2022-10-07
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PGRW:RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfCommonStockForExercisePriceOf11.50Member
2022-10-07
2022-10-07
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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
Date
of Report (Date of earliest event reported): October 7, 2022
Progress
Acquisition Corp.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-40027 |
|
85-3303412 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
10
Winthrop Square 6th Floor
Boston,
MA 02110
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (617) 401-2700
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-half of one Redeemable Warrant |
|
PGRWU |
|
The
NASDAQ Stock Market LLC |
Common
Stock, par value $0.0001 per share |
|
PGRW |
|
The
NASDAQ Stock Market LLC |
Redeemable
Warrants, each whole warrant exercisable for one share of Common Stock for an exercise price of $11.50 |
|
PGRWW |
|
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 (§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 ☒
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
8.01 Other Events.
On
October 14, 2022, Progress Acquisition Corp., a Delaware corporation (“Progress” or the “Company”), issued a
press release announcing the mailing of a definitive proxy statement, dated October 12, 2022 to hold a special meeting in lieu of the
2022 annual meeting of stockholders on October 27, 2022 to approve an extension of the date by which Progress must consummate an initial
business combination to on or before May 8, 2023. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form
8-K and incorporated herein by reference.
On
October 7, 2022, the Company filed with the Secretary of State of the State of Delaware a Certificate of Correction (the “Certificate
of Correction”) to correct its Amended and Restated Certificate of Incorporation filed on February 8, 2021, for a scrivener’s
error with respect to provisions relating to certain rights and preferences of Class B common stock that were inadvertently omitted.
A copy of the Certificate of Correction is attached as Exhibit 3.1 hereto.
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:
October 14, 2022
|
PROGRESS ACQUISITION CORP. |
|
|
|
|
By: |
/s/ David
Arslanian |
|
|
Name: David Arslanian |
|
|
Title: Chief Executive Officer and President
|
2
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