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    Build Acquisition Corp. filed SEC Form 8-K: Leadership Update

    10/29/21 4:14:10 PM ET
    $BGSX
    Consumer Electronics/Appliances
    Industrials
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    8-K
    false 0001838666 0001838666 2021-10-27 2021-10-27 0001838666 bgsx:UnitsEachConsistingOfOneShareOfClassACommonStockAndOneThirdOfOneRedeemableWarrant2Member 2021-10-27 2021-10-27 0001838666 us-gaap:CommonClassAMember 2021-10-27 2021-10-27 0001838666 bgsx:RedeemableWarrantsEachWholeWarrantExercisableForOneShareOfClassACommonStockAtAnExercisePriceOf11.501Member 2021-10-27 2021-10-27

     

     

    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): October 27, 2021

     

     

    Build Acquisition Corp.

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   001-40220   86-1389419

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (I.R.S. Employer

    Identification No.)

     

    3300 Jefferson Street, Suite 303

    Austin, TX

      78731
    (Address of principal executive offices)   (Zip Code)

    (512) 994-2983

    (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 communication 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-commencements 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 Securities Exchange Act of 1934:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant   BGSX.U   New York Stock Exchange
    Class A common stock, par value $0.0001 per share   BGSX   New York Stock Exchange
    Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50   BGSX WS   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 ☒

    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 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    (1) Departure of Tanner Cerand as Chief Financial Officer, Chief Investment Officer and Secretary

    On October 27, 2021, Tanner Cerand informed Build Acquisition Corp. (the “Company”) of his desire to resign from his positions as Chief Financial Officer, Chief Investment Officer and Secretary of the Company in order to pursue other opportunities. The Company and Mr. Cerand agreed that Mr. Cerand’s resignation would be effective November 30, 2021. Mr. Cerand’s resignation does not involve any disagreement on any matter relating to the Company’s operations, policies or practices (financial or otherwise).

    (2) Appointment of Christina Fok as Chief Financial Officer and Compliance Officer

    The board of directors of the Company has appointed Christina Fok to the positions of Chief Financial Officer and Compliance Officer of the Company, effective November 30, 2021. Previously, Ms. Fok was an Executive Director of Finance at Peak Rock Capital where she led strategic initiatives and oversaw accounting and financial operations of the management company and the family office of the founder.

    Ms. Fok possesses over 20 years of finance and accounting experience in the financial industry and family office, having previously worked as a manager in the General Partner Accounting group at TPG and Private Investments team at Hartz Capital. Prior to that, she was a Business Analyst at Goldman Sachs. Ms. Fok began her career in public accounting at Deloitte.

    Ms. Fok received a bachelor’s degree in business administration from the University of Wisconsin-Madison. She is also a CPA in the state of New York.


    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.

     

        Build Acquisition Corp.
    Date: October 29, 2021     By:  

    /s/ Zeynep Young

        Name:   Zeynep Young
        Title:   Co-Chief Executive Officer and Director
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