GOGN GoGreen Investments Corporation

 

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): April 10, 2023

 

GoGreen Investments Corporation

(Exact name of registrant as specified in its charter)

 

Cayman Islands		001-40941		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

One City Centre

1021 Main St., Suite #1960

Houston, TX 77002

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (713) 337-4075

 

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 Class A Ordinary Share and one-half of one Redeemable Warrant		GOGN.U		The New York Stock Exchange
Class A Ordinary Shares, par value $0.0001 per share		GOGN		The New York Stock Exchange
Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50		GOGN.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 1.01 Entry into a Material Definitive Agreement

 

On April 11, 2023, GoGreen Investments Corporation (the “Company”) issued a promissory note (the “Extension Note”) in the aggregate principal amount of $2,760,000 (the “Extension Payment”) to (i) GoGreen Sponsor 1 LP, a Delaware limited partnership (the “Sponsor”) in the principal amount of $1,380,000, and (ii) Lifezone Limited, an Isle of Man company (“LZL”) in the principal amount of $1,380,000, in connection with the Extension (as defined below). The Extension Note bears no interest and is due and payable in cash upon the earlier to occur of (i) the date on which the Company’s initial business combination is consummated and (ii) the liquidation of the Company on or before July 25, 2023 or such later liquidation date as may be approved by the Company’s shareholders.   In connection with the issuance of the Extension Note, the Sponsor agreed to forfeit its right under the Company’s previously announced business combination agreement to receive 41,400 ordinary shares of Lifezone Metals Limited (“Holdings”) upon the acquisition by Holdings of all of the issued and outstanding share capital of the Company in accordance with the terms of the previously announced business combination agreement.

 

Additionally, on April 10, 2023, the Company issued a promissory note (the “Working Capital Note”) in the principal amount of up to $300,000 to the Sponsor for working capital expenses. The Working Capital Note bears no interest and is due and payable in cash upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company is effective.

 

The foregoing descriptions are qualified in their entirety by reference to the Working Capital Note and the Extension Note, copies of which are attached as Exhibits 10.1 and 10.2 hereto, respectively, and are incorporated herein by reference.

 

Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.  

 

The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.		Description
10.1		Promissory Note of the Company, dated April 10, 2023.
10.2		Promissory Note of the Company, dated April 11, 2023.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

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.

 

	GoGreen Investments Corporation
	By:	/s/ John Dowd
		Name:	John Dowd
		Title:	Chief Executive Officer
Dated: April 14, 2023