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(State or other jurisdiction of incorporation or organization)
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(Commission File Number)
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(I.R.S. Employer Identification Number)
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(Address of principal executive offices)
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(Zip Code)
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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))
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Item 1.01 |
Entry into a Material Definitive Agreement.
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●
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an Underwriting Agreement, dated July 8, 2025, between the Company and D. Boral Capital LLC, as representative of the several underwriters named in Schedule I thereto, which contains customary
representations and warranties by the Company, conditions to closing and indemnification obligations of the Company and the underwriters;
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●
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a Private Placement Units and Restricted Shares Purchase Agreement (“Sponsor Private Placement Agreement”), dated July 8, 2025, between the Company and Globa Terra Management LLC (the “Sponsor”),
pursuant to which the Sponsor purchased 356,767 private placement units (the “Sponsor Private Placement Units”) and 713,534 restricted Class A shares (“Sponsor Restricted Class A Shares”);
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●
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a Private Placement Units and Restricted Shares Purchase Agreement (“Private Placement Investor Private Placement Agreement”), dated July 8, 2025, between the Company and a certain
Private Placement Investor (the “Investor”), pursuant to which the Investor purchased 37,500 private placement units (the “Investor Private Placement Units” and together with the Sponsor Private Placement Units, the “Private
Placement Units”) and 75,000 restricted Class A shares (the “Investor Restricted Class A Shares” and, together with, the Sponsor Restricted Class A Shares, the “Restricted Class A Shares”);
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●
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a Warrant Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company, as warrant agent (the “Warrant Agreement”), which sets forth the expiration and exercise
price of, and procedures for exercising, the Public Warrants and the warrants contained in the Private Placement Units (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”); certain
adjustment features of the terms of exercise; provisions relating to cashless exercise of the Warrants; provisions related to the redemption of the Public Warrants; provisions for amendments to the Warrant Agreement; and indemnification
of the warrant agent by the Company under the agreement;
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●
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a Rights Agency Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company, as rights agent (the “Rights Agreement”), which sets forth the terms and procedures
for the issuance of the shares underlying the Public Rights and the rights contained in the Private Placement Units (the “Private Placement Rights” and, together with the Public Rights, the “Rights”); provisions for
amendments to the Rights Agreement; and indemnification of the rights agent by the Company under the agreement;
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●
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an Investment Management Trust Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company, as trustee, which establishes the trust account that will hold the net
proceeds of the IPO and certain of the proceeds of the sale of the Private Placement Units, and sets forth the responsibilities of the trustee; the procedures for withdrawal and direction of funds from the trust account; and
indemnification of the trustee by the Company under the agreement;
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●
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a Registration Rights Agreement, dated July 8, 2025, among the Company, the Sponsor and the other Holders (as defined therein) signatory thereto, which provides for customary demand and piggy-back registration
rights for the Holders, as well as certain transfer restrictions applicable to the Holders with respect to the Company securities they hold;
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●
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a Letter Agreement, dated July 8, 2025, among the Company, the Sponsor, the initial shareholders of the Company and each of the directors and officers of the Company, pursuant to which the Sponsor,
other initial shareholders and each of the directors and officers of the Company have agreed to vote any shares held by him, her or it in favor of the Company’s initial business combination; to facilitate the liquidation and winding up
of the Company if an initial business combination is not consummated within 15 months from the closing of the IPO (or up to 21 months if the time to complete an initial business combination is extended as described in the Registration
Statement) or such longer period as is approved by the Company’s shareholders; to certain transfer restrictions with respect to the Company’s securities; and, as to the Sponsor, certain indemnification obligations;
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●
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an Administrative Services Agreement, dated July 8, 2025, between the Company and the Sponsor, pursuant to which the Sponsor has agreed to make available office space and certain administrative and
support services, as may be required by the Company from time to time, for $15,000 per month until the earlier of the consummation of the Company’s initial business combination or liquidation; and
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●
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Indemnification Agreements, each dated July 8, 2025, between the Company and each of the officers and directors of the Company, pursuant to which the Company has agreed to indemnify each officer and
director of the Company against certain claims that may arise in their roles as officers and directors of the Company, a form of which is filed with this Form 8-K hereto as Exhibit 10.7.
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Item 3.02 |
Unregistered Sales of Equity Securities.
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Item 5.03 |
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
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Item 8.01 |
Other Events.
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Item 9.01.
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Financial Statements and Exhibits.
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(d)
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Exhibits.
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Underwriting Agreement, dated July 8, 2025, between the Company and D. Boral Capital LLC, as representative of the several underwriters
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Amended and Restated Memorandum and Articles of Association
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Warrant Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company
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Rights Agency Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company
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Private Placement Units and Restricted Share Purchase Agreement, dated July 8, 2025, between the Company and Globa Terra Management LLC
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Private Placement Securities and Founders Shares Subscription Agreement, dated July 8, 2025, between the Company and the Investor
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Investment Management Trust Account Agreement, dated July 8, 2025, between the Company and Odyssey Transfer and Trust Company
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Registration Rights Agreement, dated July 8, 2025, among the Company, the Sponsor and the other Holders (as defined therein) signatory thereto
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Letter Agreement, dated July 8, 2025, among the Company, the Sponsor, the initial shareholders of the Company, and each of the directors and officers of the Company
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Administrative Services Agreement, dated July 8, 2025, by and between the Company and the Sponsor
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Form of Indemnification Agreement between the Company and each of the officers and directors of the Company
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Press Release, dated July 8, 2025
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
Globa Terra Acquisition Corporation
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By:
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/s/ Agustin Tristan Aldave
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Name:
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Agustin Tristan Aldave
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Title:
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Chief Executive Officer
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