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    Colicity Inc. filed SEC Form 8-K: Leadership Update

    7/1/22 4:04:28 PM ET
    $COLI
    Consumer Electronics/Appliances
    Industrials
    Get the next $COLI alert in real time by email
    0001829615 false 0001829615 2022-06-30 2022-06-30 0001829615 COLIU:UnitsEachConsistingOfOneShareOfClassCommonStockAndOnefifthOfOneRedeemableWarrantMember 2022-06-30 2022-06-30 0001829615 COLIU:ClassCommonStockParValue0.0001PerShareMember 2022-06-30 2022-06-30 0001829615 COLIU:WarrantsEachWholeWarrantExercisableForOneShareOfClassaCommonStockEachAtExercisePriceOf11.50PerShareMember 2022-06-30 2022-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    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): July 1, 2022 (June 30, 2022)

     

    COLICITY INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-40095   85-3526440
    (State or other jurisdiction
    of incorporation)
      (Commission File Number)   (IRS Employer
    Identification No.)

     

    2300 Carillon Point

    Kirkland, WA 98033

    (Address of principal executive offices, including zip code)

     

    Registrant’s telephone number, including area code: (425) 278-7100

     

    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 share of Class A common stock and one-fifth of one redeemable warrant   COLIU   The Nasdaq Capital Market
    Class A common stock, par value $0.0001 per share   COLI   The Nasdaq Capital Market
    Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share   COLIW   The Nasdaq Capital Market

     

    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.

    On June 30, 2022, Randy Russell informed Colicity Inc. (the “Company”) that he has resigned from his position as Chief Investment Officer of the Company, effective immediately, so that he may pursue other business opportunities. Concurrent with his resignation from his position with the Company, Mr. Russell resigned from his position as the Chief Executive Officer of Pendrell Financial Services, a subsidiary of Pendrell Corporation, the parent of Colicity’s sponsor.

     

     

     

    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.

     

      COLICITY INC.
         
      By: /s/ Steve Ednie
      Name:  Steve Ednie
      Title: Chief Financial Officer
    Date: July 1, 2022    

     

     

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