DILA Capital Acquisition Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01 Other Events.
In connection with DILA Capital Acquisition Corp’s (the “Company”) initial public offering (the “IPO”), the Company filed a Form 8-K on June 21, 2021 announcing the entry into the following agreements, among others, forms of which were previously filed as exhibits to the Company’s Registration Statements on Form S-1 (File Nos. 333-254425 and 333-257102) related to the IPO, originally filed with the U.S. Securities and Exchange Commission (the “Commission”) on March 18, 2021 (as amended, the “Registration Statement”):
| · | A Warrant Agreement, dated June 14, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agreement”); |
| · | A Letter Agreement, dated June 14, 2021, by and among the Company, its officers, its directors and the Company’s sponsor (the “Sponsor”), DILA Capital Sponsor Group, LLC (the “Letter Agreement”); and |
| · | A Registration Rights Agreement, dated June 14, 2021, by and between the Company, its directors and the Sponsor (the “Registration Rights Agreement”). |
The Company filed a Form 8-K on December 9, 2022 announcing it will redeem all of its outstanding Class A common stock, par value $0.0001, effective as of the close of business on December 22, 2022, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation. In connection with the full liquidation of the Company’s trust account, the Warrant Agreement, Letter Agreement and the Registration Rights Agreement terminated in accordance with their respective terms on December 22, 2022.
On December 27, 2022, the Company issued a press release to announce that its trust account established in connection with the Company's initial public offering has been liquidated and that 5,829,980 of the Company's outstanding shares of Class A common stock ("public shares") were submitted to the Company's transfer agent, Continental Stock Transfer & Trust Company, and were redeemed on December 27, 2022 at a price of approximately $10.04 per share. Trading of the Company’s public shares on the Nasdaq Stock Market LLC were suspended on December 22, 2022. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless. The Company's initial stockholders, officers and directors have waived their right to receive distributions with respect to their common stock issued in connection with the Company's IPO.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press release, dated December 27, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| dila cAPITAL ACQUISITION CORP | |||
| By: | /s/ Eduardo Clave | ||
| Name: | Eduardo Clave | ||
| Title: | Chief Executive Officer | ||
Date: December 27, 2022