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June 30 2023 - 4:01PM
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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): June 30, 2023 (June 26, 2023)
HH&L
Acquisition Co.
(Exact name of registrant as specified in its charter)
Cayman Islands |
|
001-40006 |
|
N/A |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
Suite
2001-2002, 20/F, York House
The Landmark, 15 Queen’s Road Central
Central, Hong Kong 00000
(Address of principal
executive offices, including zip code)
(852) 3752 2870
(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 |
Class A ordinary shares, par value $0.0001 per share |
|
HHLA |
|
The New York Stock Exchange |
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share |
|
HHLA WS |
|
The New York Stock Exchange |
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant |
|
HHLA.U |
|
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 x
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 1.02 Termination of a Material Definitive Agreement
As previously disclosed by HH&L Acquisition Co., a Cayman Islands
exempted company limited by shares (“HH&L” or the “Company”) in its Current Report on Form 8-K
filed with the Securities and Exchange Commission (the “SEC”) on October 14, 2022, HH&L entered into a business
combination agreement (as amended on January 20, 2023, the “Business Combination Agreement”) on October 14, 2022 by
and among HH&L, Diamond Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of HH&L (“Merger Sub”)
and DiaCarta, Ltd., a Cayman Islands exempted company limited by shares (“DiaCarta”). Capitalized terms used but not
otherwise defined herein shall have the meanings given to such terms in the Business Combination Agreement.
Also as previously disclosed by the Company in its Current Report on
Form 8-K filed with the SEC on January 20, 2023, HH&L, Merger Sub and DiaCarta entered into the first amendment to Business Combination
Agreement (the “BCA Amendment”) on January 20, 2023, pursuant to which the Business Combination Agreement was amended
to provide that, among other things, DiaCarta shall prepare and submit to NYSE or Nasdaq an initial listing application in connection
with the transaction contemplated by the Business Combination Agreement.
On June 26, 2023, HH&L sent DiaCarta a termination notice (the
“Termination Notice”) that HH&L had terminated the Business Combination Agreement (the “Termination”)
and all Ancillary Agreements, pursuant to Section 8.1 (Termination) thereof and as a remedy at law, based on breaches by DiaCarta
of certain representations and covenants contained in the Business Combination Agreement and fraudulent misrepresentation on the part
of DiaCarta.
The Termination Notice does not constitute a waiver of, or shall prejudice
any of HH&L’s rights under the Business Combination Agreement or at law, and HH&L reserves all such rights in full to pursue
any and all loss of HH&L, HH&L Investment Co. (the “Sponsor”), and the shareholders of HH&L with respect
to the Termination.
As a result of the Termination, each of (i) the SPAC Holders Support
Agreement, dated October 14, 2022, by and among HH&L, the Sponsor, DiaCarta and certain shareholders of HH&L and (ii) the Company
Holders Support Agreement, dated October 14, 2022, by and among, HH&L, DiaCarta and certain shareholders of DiaCarta, is terminated
in accordance with its terms.
The foregoing description of the Business Combination Agreement does
not purport to be complete and is qualified in its entirety by the terms and conditions of the text of the Business Combination Agreement,
which was previously filed as Exhibit 2.1 to the Current Report on Form 8-K filed with the SEC on October 14, 2022, and the BCA Amendment,
which was previously filed as Exhibit 2.1 to the Current Report on Form 8-K filed with the SEC on January 20, 2023, which is incorporated
by reference herein.
The foregoing description of each of the SPAC Holders Support Agreement
and the Company Holders Support Agreement does not purport to be complete and is qualified in its entirety by the terms and conditions
of the text of the SPAC Holders Support Agreement or the Company Holders Support Agreement, as the case may be, which were previously
filed as Exhibits 10.1 and 10.2, respectively, to the Current Report on Form 8-K filed with the SEC on October 14, 2022.
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.
|
HH&L ACQUISITION CO. |
|
|
|
|
|
|
|
By: |
/s/ Richard Qi Li |
|
Name: |
Richard Qi Li |
|
Title: |
Chief Executive Officer and Director |
Date: June 30, 2023 |
|
|
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Jun. 26, 2023 |
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|
Entity Registrant Name |
HH&L
Acquisition Co.
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Entity Central Index Key |
0001824185
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Entity Tax Identification Number |
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Entity Incorporation, State or Country Code |
E9
|
Entity Address, Address Line One |
Suite
2001-2002, 20/F,
|
Entity Address, Address Line Two |
York House
|
Entity Address, Address Line Three |
The Landmark, 15 Queen’s Road Central
|
Entity Address, City or Town |
Central
|
Entity Address, Country |
HK
|
Entity Address, Postal Zip Code |
00000
|
City Area Code |
852
|
Local Phone Number |
3752 2870
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Class A ordinary shares, par value $0.0001 per share [Member] |
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Document Information [Line Items] |
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Title of 12(b) Security |
Class A ordinary shares, par value $0.0001 per share
|
Trading Symbol |
HHLA
|
Security Exchange Name |
NYSE
|
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share [Member] |
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Document Information [Line Items] |
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Title of 12(b) Security |
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share
|
Trading Symbol |
HHLA WS
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Security Exchange Name |
NYSE
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Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant [Member] |
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Document Information [Line Items] |
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Title of 12(b) Security |
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