Current Report Filing (8-k)
February 02 2023 - 7:31AM
Edgar (US Regulatory)
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2022-12-23
2022-12-23
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2022-12-23
2022-12-23
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2022-12-23
2022-12-23
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FTEVU:RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfOneClassOrdinaryShareFor11.50PerShareMember
2022-12-23
2022-12-23
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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):
December 23, 2022
FINTECH EVOLUTION
ACQUISITION GROUP
(Exact name of registrant as specified in its charter)
| Cayman Islands |
|
333-252969 |
|
N/A |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
1345
Avenue of the Americas, 11th
Floor
New York, NY 10105
(Address of principal executive offices, including
zip code)
Registrant’s telephone number, including
area code: (650) 739-6741
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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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
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 |
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| Units, each consisting of one share of Class A Ordinary Share and one-third of one redeemable warrant |
|
FTEV.U |
|
The New York Stock Exchange |
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| Class A Ordinary Shares, par value $0.0001 |
|
FTEV |
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The New York Stock Exchange |
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| Redeemable Warrants, each whole warrant exercisable for one share of one Class A Ordinary Share for $11.50 per share |
|
FTEV WS |
|
The New York Stock Exchange |
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 3.01. Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.
On December 23, 2022, the New York Stock Exchange
(the “NYSE”) notified FinTech Evolution Acquisition Group (the “Company”),
and publicly announced, that the NYSE determined to commence proceedings to delist the Company’s warrants, each whole warrant exercisable
to purchase one Class A ordinary share, par value $0.0001 per share (the “Class A Shares”), at a price of $11.50 per share,
and listed to trade on the NYSE under the symbol “FTEV WS” (the “Warrants”), from the NYSE and that trading in
the Warrants would be suspended immediately, due to “abnormally low” trading price levels pursuant to Section 802.01D of the
NYSE Listed Company Manual.
The Company had a right to a review of this determination
by a Committee of the Board of Directors of the NYSE. The NYSE applied to the Securities and Exchange Commission to delist the Warrants
upon completion of all applicable procedures, including any appeal by the Company of the NYSE’s decision. The Company did not appeal
the determination.
Trading in the Warrants on the NYSE was suspended
immediately. Trading in the Company’s Class A Shares and units will continue on the NYSE.
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.
| |
FINTECH EVOLUTION ACQUISITION GROUP |
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By: |
/s/ Rohit Bhagat |
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Name: |
Rohit Bhagat |
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Title: |
Chief Executive Officer |
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| Dated: February 2, 2023 |
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2
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