Form 8-K Lazard Growth Acquisitio For: Apr 02
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 2, 2021
LAZARD GROWTH ACQUISITION CORP. I
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
of incorporation or organization)
30 Rockefeller Plaza
New York, New York
|(Address of principal executive offices)||(Zip Code)|
Registrants telephone number, including area code
(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 to 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
Name of each exchange on
|Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-fifth of one redeemable warrant||LGACU||The Nasdaq Stock Market LLC|
|Class A ordinary shares, $0.0001 par value||LGAC||The Nasdaq Stock Market LLC|
|Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50||LGACW||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.|| |
On April 2, 2021, Lazard Growth Acquisition Corp. I (the Company) issued a press release announcing that the holders of the Companys units (the Units) may elect to separately trade shares of the Companys Class A ordinary shares, $0.0001 par value per share (the Class A Ordinary Shares) and the Companys redeemable warrants (the Public Warrants) comprising the Units commencing on April 5, 2021, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K. Each Unit consists of one Class A Ordinary Share and one-fifth of one redeemable warrant to purchase one share of Class A Ordinary Shares. Those Units not separated will continue to trade on The Nasdaq Capital Market under the symbol LGACU, and the Class A Ordinary Shares and Public Warrants that are separated will trade on The Nasdaq Capital Market under the symbols LGAC and LGACW, respectively. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Holders of Units will need to instruct their brokers to contact Continental Stock Transfer & Trust Company, the Companys transfer agent, to separate their Units into Class A Ordinary Shares and Public Warrants.
|Item 9.01.|| |
Financial Statements and Exhibits.
|99.1||Press Release, dated April 2, 2021.|
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: April 2, 2021
|LAZARD GROWTH ACQUISITION CORP. I|
|Title:||Chief Executive Officer|
LAZARD GROWTH ACQUISITION CORP. I ANNOUNCES THE SEPARATE TRADING OF ITS
CLASS A ORDINARY SHARES AND WARRANTS COMMENCING APRIL 5, 2021
NEW YORK, April 2, 2021 Lazard Growth Acquisition Corp. I (Nasdaq: LGAC) (the Company) today announced that, commencing April 5, 2021, holders of the 57,500,000 units sold in its initial public offering may elect to separately trade shares of the Companys Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on Nasdaq under the symbols LGAC and LGACW, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on Nasdaq under the symbol LGACU. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the units into shares of Class A ordinary shares and warrants.
The Company is a blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company believes the growth-oriented subsectors of the healthcare, technology, energy transition, financial and consumer sectors present particularly attractive investment opportunities, although it will not be limited to a particular industry or geographic region in its identification and acquisition of a target company.
The Registration Statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on February 9, 2021.
The offering has been made only by means of a prospectus. Copies of the Registration Statement and the prospectus relating to the offering may be obtained for free by visiting EDGAR on the SECs website at www.sec.gov. In addition, copies of the prospectus may be obtained from Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, by telephone at 866-471-2526 or by emailing email@example.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and the prospectus relating to the offering. Copies are available on the SECs website at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
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