Hudson Acquisition I Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits
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Item 1.01 Entry into a Material Definitive Agreement.
On May 14, 2024, Hudson Acquisition I Corp. (the “SPAC” or “HUDA”) set forth the terms of a business combination transaction (the “de-SPAC”), between HUDA and Aiways Automobile Europe GmbH (the “Company”) via a Letter Agreement. In connection with the de-SPAC, the shareholders of the Company will receive newly issued shares of HUDA common stock. The common stock of the SPAC shall be issued at $10.00 per share, which shall not include Rights or Warrants. The term of this Agreement shall end on January 18, 2025 (the “Term”). The de-SPAC is expected to close on or around December 31, 2024.
The foregoing description of the Letter Agreement is not complete and is qualified in its entirety by reference to the full text of the Letter Agreement, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 7.01 Regulation FD
On May 14, 2024, Hudson Acquisition I Corp. (the “SPAC”) issued a press release. A copy of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
| Exhibit | Description | |
| 10.1 | Letter Agreement dated May 14, 2024 | |
| 99.1 | Press Release dated May 14, 2024 | |
| 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.
Dated: May 16, 2024
| HUDSON ACQUISITION I CORP. | ||
| By: | /s/ Warren Wang | |
| Name: | Warren Wang | |
| Title: | Chief Executive Officer | |
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