UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File No.) |
(IRS Employer Identification No.) |
(Address of principal executive offices and zip code)
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 |
Name of each exchange on which registered | ||
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 8.01. | Other Events. |
On November 9, 2022, Athlon Acquisition Corp. (the “Company”) issued a press release announcing that, due to its anticipated inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Description | |
99.1 | Athlon Acquisition Corp. Press Release dated November 9, 2022 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this Current Report on Form 8-K may be deemed to constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company’s intention to redeem all of its outstanding public shares, the Company’s cash position or cash held in the Company’s trust account, the expected per-share redemption price, or the timing when the Company’s public shares will cease trading on Nasdaq. These statements are based on current expectations on the date of this Current Report and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
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.
ATHLON ACQUISITION CORP. | ||
By: | /s/ David Poltack | |
Name: | David Poltack | |
Title: | Chief Financial Officer |
Dated: November 9, 2022
Exhibit 99.1
Athlon Acquisition Corp. Announces it Will Redeem its Public Shares and Will Not Consummate an Initial Business Combination
CAMBRIDGE, MA, November 9, 2022 /PRNewswire/ Athlon Acquisition Corp. (Nasdaq: SWET, SWETU and SWETW) (the Company) announced today that, due to its anticipated inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the Charter), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the Public Shares), at an expected per-share redemption price of approximately $10.06.
As of the close of business on December 1, 2022, the Public Shares will be deemed cancelled and will represent only the right to receive the expected per-share redemption price.
In order to provide for the disbursement of funds from the trust account, the Company will instruct the trustee of the trust account to take all necessary actions to liquidate the securities held in the trust account. The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares. Record holders will receive their pro rata portion of the proceeds of the trust account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Companys transfer agent. Beneficial owners of Public Shares held in street name, however, will not need to take any action in order to receive the expected per-share redemption price. The redemption of the Public Shares is expected to be completed within ten business days after December 1, 2022.
The Companys sponsor and its transferees have agreed to waive their redemption rights with respect to the Companys outstanding Class B common stock issued prior to the Companys initial public offering. There will be no redemption rights or liquidating distributions with respect to the Companys warrants, which will expire worthless.
The Company expects that the Nasdaq will file a Form 25 with the United States Securities and Exchange Commission (the Commission) to delist the Companys securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as believes, expects, intends, plans, estimates, assumes, may, should, will, seeks, or other similar expressions. Such statements may include, but are not limited to, statements regarding the Companys intention to redeem all of its outstanding Public Shares, the Companys cash position or cash held in the Companys trust account, the expected per-share redemption price, or the timing when the Companys Public Shares will cease trading on Nasdaq. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
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
H_ 0 / ( \ !X;"]W;W)K8F]O:RYX;6R- M4 9:EL@9OTDUL(,BDBN0-2TN'+#4$QJ8:@+W+ MIGD^R[S!H)>+D6M#V743&4K&& 3L@!W".?W.NU:=,.$>'?)WH?NW ZT\!O1X M 5OH7*M4Q_-+)+S$P,9M2XK.%7HR#'9 C.4?>-N)_#3[U"-L]A]&A!1ZE@MA MA92XW^CYC6@\@2P/7 3>TFH=>Y!L/?P&HT=S8\? MM_P!4$L#!!0 ( *$]:54D'INBK0 /@! : >&PO7W)E;',O=V]R M:V)O;VLN>&UL+G)E;'.UD3T.@S ,A:\2Y0 U4*E#!4Q=6"LN$ 7S(Q(2Q:X* MMR^% 9 Z=&&RGBU_[\E.GV@4=VZ@MO,D1FL&RF3+[.\ I%NTBB[.XS!/:A>L MXEF&!KS2O6H0DBBZ0=@S9)[NF:*/Y#='7=:7PX_;(X\ \PO%WHJ45D*4H5 M&N1,PFBV-L%2XLM,EJ*H,AF**I9P6B#BR2!M:59]L$].M.=Y%S?W1:[-XPFN MWPQP>'3^ 5!+ P04 " "A/6E599!YDAD! #/ P $P %M#;VYT96YT M7U1Y<&5S72YX;6RMDTU.PS 0A:\295LE+BQ8H*8;8 M=< %C3QJK_I-G6M+; M,T[:2J 2%85-K'C>O,^>EZS>CQ&PZ)WUV)0=47P4 E4'3F(=(GBNM"$Y2?R: MMB)*M9-;$/?+Y8-0P1-XJBA[E.O5,[1R;ZEXZ7D;3?!-FI6.5Z*U M.EK >MKBRAE#VQH%.JB]XY8:8P*IL0,@9^O1=#%-)IXPC,^[V?S!9@K(RDT* M$3FQ!'_'G2/)W55D(TADIJ]X(;+U[/M!3EN#OI'-X_T,:3?D@6)8YL_X>\87 M_QO.\1'"[K\_L;S63AI_YHOA/UY_ 5!+ 0(4 Q0 ( *$]:54'04UB@0 M +$ 0 " 0 !D;V-0 &UL4$L! A0# M% @ H3UI50I*GGWN *P( !$ ( !KP &1O8U!R M;W!S+V-O &UL4$L! A0#% @ H3UI59E &PO=V]R:W-H965T M &UL4$L! A0#% @ H3UI59^@&_"Q @ X@P T M ( !* X 'AL+W-T>6QE &PO=V]R M:V)O;VLN>&UL4$L! A0#% @ H3UI520>FZ*M ^ $ !H M ( !61, 'AL+U]R96QS+W=O 9(9 0 SP, !, ( !/A0 %M#;VYT96YT A7U1Y<&5S72YX;6Q02P4& D "0 ^ @ B!4 end
(,XY#YW<)" 0[%5.1Q":@L1DCM'C-2>!R-GQ;D CE=[/).?BPK3
M&A:CIOC==TU$:979";W0P#))-,,XA@D_=\7H0V/ I,\55OD@Y!*6Q(87^B)R
M#=@M;,E0S_,*QZ5;)DVS[YK&C*#:"\)^ !HN3NDBQ:P^6P2]%_YDM%]LE:<^C/#[7"$VT2+](?M]UG["[
M..T,K99\EYE2L)'C41=:Q+7,:UMH+7KF2UM( #W]XL4#HD3( _);R?S+G?_[
M-^]UZ?2L&"\:Z&CU0.4G#Y3IM@*=D-D)D XL35[Q_[*:=S)Z[] >#X>U.^ +
M1:Y9GS1%CT:GIJQOX6Z+,#B=LSR?KB_O&N])Z^[BKM%:#$YI1^"T&O5/S G@3F')&,6$A+'=$ =
MDOR2]']+>@-R=4Z.O1M);G@!7:HJGS2?3"WY,?V)>-*1DA*$@"=RPB63*6>"
M7+>2?R:G,HW(@1!DY&@&=1K0]Y!%C=='DR4FG4+!/GX@!!,F32+1954, Y>)
M)A&/8RTBI2EZSVA:KG5UT>7@U*XM#SH^XYA;I:^'*>K>I!C=L
M['K%S5ELKJ\#ZQ;S]_?$X)U63DXM%$YI0$PU-LCR'T9_:%65-3"SR13M.JW&
MX,#8K9Z.2UQE-]YA5NFF@R07PFTU#*RNT"E#GYJEMOU-7QDH9MSO;K8)M@-^
M1< \X=\US%OL(7/,TNDA?H!R5" GE_FEA.LITW"9'PIFS,&A*@HEKZU*OV"$
M:/V3B=S#1I !GM*X^6>F-9/V'(HQZ#8OW\M[G
E]85C*1'5>>"")O$MTR/J">>S$APQ@GVL'UWNU,;F&)*L[-(\STIMP)&6
MCM1M9C(K70;B_3#,OKBG$(JDVA-B@?C7$T[!.>_B(W^A]MC:JT_&6&:K5Z7[
MG976F$/=C1JMHPG+O!WWG J9I^[*GT$Z17D2W'3? DZ-;H3X5,W 'YPMY4QM
MHSFD.1^KCD 407:EUHL*4_*-'TUR,DWQW]!\K":WN;\#"[EO(9,Z>\8V4>P3
MJJBT
@ O":,,+*U4/ 8U83.BHX4V%CT5$B(>$Q#3&
M*:/0\!8@O(\?7K]Z_Y/OHZN;]F?DH[&4$U$/@MEL5HD30@5+IU*Y%)6(90'R
M?5N_-;A'?RV;JZ,>I( %H P+"1Q]FI(TKM>JM5HU#"\J86W5C@/6#E&,)=11
M& :7@:Z)SNNU=_6PBKIWZ-JXH6A ,E@U99,%)Z.Q1#]'OR!C=,4HA32%!;HA
M%-.(X!3U;