8-K 1 ea152861-8k_genesisgrowth.htm CURRENT REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or Section 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 21, 2021

 

GENESIS GROWTH TECH ACQUISITION CORP.
(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-41138   98-1601264
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation or organization)       Identification No.)

 

Bahnhofstrasse 3    
Hergiswil Nidwalden, Switzerland   6052
(Address of principal executive offices)   (Zip Code)

  

Registrant’s telephone number, including area code: +41 78 607 99 01

 

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, $0.0001 par value, and one-half of one redeemable warrant   GGAAU   The Nasdaq Stock Market LLC
Class A Ordinary Shares included as part of the units   GGAA   The Nasdaq Stock Market LLC
Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50   GGAAW   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 or Rule 12b-2 of the Securities Exchange Act of 1934

 

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 reported, on December 13, 2021, Genesis Growth Tech Acquisition Corp., a Cayman Islands exempted company (the “Company”), consummated its initial public offering (the “IPO”) of 22,000,000 units (the “Units”).

 

On December 21, 2021, the Company announced the closing (the “Over-Allotment Closing”) of its sale of an additional 3,300,000 Units (the “Option Units”) pursuant to the full exercise by the underwriters of their over-allotment option (the “Over-Allotment Option”). The Option Units were sold at an offering price of $10.00 per Option Unit, generating gross proceeds of $33,000,000. Simultaneously with the partial exercise of the Over-Allotment Option, the Company sold an additional 825,000 private placement warrants to its sponsor, Genesis Growth Tech LLC, generating gross proceeds to the Company of $825,000. Following the closing of the Over-Allotment Option, an aggregate amount of $256,795,000 has been placed in the Company’s trust account established in connection with the IPO.

 

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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.

 

Date: December 21, 2021 GENESIS GROWTH TECH ACQUISITION CORP.
   
  By: /s/ Eyal Perez
  Name:   Eyal Perez
  Title: Chief Executive Officer, Chief Financial Officer and Director

 

 

 

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