Current Report Filing (8-k)
January 30 2023 - 4:32PM
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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
January
18, 2023
Date
of Report (Date of earliest event reported)
EF
HUTTON ACQUISITION CORPORATION I
(Exact
Name of Registrant as Specified in its Charter)
Delaware |
|
001-41497 |
|
86-2559175 |
(State
or other jurisdiction |
|
(Commission
|
|
(I.R.S.
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
24
Shipyard Drive, Suite 102
Hingham,
MA |
|
02043 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (929) 528-0767
N/A
(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 |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
EFHT |
|
The
Nasdaq Stock Market LLC |
Warrants |
|
EFHTW |
|
The
Nasdaq Stock Market LLC |
Units |
|
EFHTU |
|
The
Nasdaq Stock Market LLC |
Rights |
|
EFHTR |
|
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 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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.
As
previously disclosed, on September 13, 2022, EF Hutton Acquisition Corporation I (the “Company”) consummated its initial
public offering (“IPO”) of 11,500,000 units (the “Units”), including 1,500,000 issued upon the exercise in full
by the underwriters of the over-allotment option. Each Unit consists of one share of common stock, par value $0.0001 per share (the “Common
Stock”), one warrant (the “Warrants”), each Warrant entitling the holder thereof to purchase one share of Common Stock
at a price of $11.50 per share and one right (the “Rights”) to receive 1/8 of one share of Common Stock upon the consummation
of the Company’s initial business combination.
On
December 8, 2022, the holders of the units (the “Units”) of the
Company were able to elect to brake up the Units and separately
trade the shares of Common Stock, the Rights, and the Warrants included in the Units. The Company intended that any Units not separated
would continue to trade on the Nasdaq Global Market (“Nasdaq”) under the symbol “EFHU”, and the Common Stock,
Rights and Warrants will separately trade on Nasdaq under the symbols “EFHT,” “EFHTR,” and “EFHTW,”
respectively. However, due to a miscommunication by the Company, Nasdaq moved to delist the Company’s Units from Nasdaq and on
January 6, 2023, Nasdaq filed
a Form 25 with the SEC delisting the Company’s Units.
As
a result, the Company determined to and
did effect a mandatory separation of the Company’s
Units effective on January 18, 2023, which separated each
outstanding Unit into one share of Common Stock, one Right and one Warrant. After January 18, 2023
no Units are
outstanding.
SIGNATURES
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:
January 30, 2023 |
|
|
|
|
|
|
EF
HUTTON ACQUISITION CORPORATION I |
|
|
|
|
|
/s/
Benjamin Piggott |
|
Name:
|
Benjamin
Piggott |
|
Title:
|
Chairman
and Chief Executive Officer |
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