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    Vy Global Growth filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    9/26/22 4:15:48 PM ET
    $VYGG
    Business Services
    Finance
    Get the next $VYGG alert in real time by email
    0001822877 false 0001822877 2022-09-26 2022-09-26 0001822877 vygg:UnitsEachConsistingOfOneClassaOrdinaryShareAndOnefifthOfOneWarrantToAcquireOneClassaOrdinaryShareMember 2022-09-26 2022-09-26 0001822877 us-gaap:CommonClassAMember 2022-09-26 2022-09-26 0001822877 us-gaap:WarrantMember 2022-09-26 2022-09-26 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): September 26, 2022

     

    Vy Global Growth

    (Exact name of registrant as specified in its charter)

     

    Cayman Islands   001-39588   00-0000000
    (State or other jurisdiction
    of incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    Floor 4, Willow House, Cricket Square  
    Grand Cayman, Cayman Islands KY1-9010
    (Address of principal executive offices) (Zip Code)

     

    Registrant’s telephone number, including area code: 971 427 01 400

     

    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 Class A ordinary share and one-fifth of one Warrant to acquire one Class A ordinary share   VYGG.U   The New York Stock Exchange
             
    Class A ordinary shares, par value $0.0001 per share   VYGG   The New York Stock Exchange
             
    Warrants, each whole Warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50   VYGG.W   The 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 x

     

    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. Other Events.

     

    On September 26, 2022, Vy Global Growth (the “Company”) issued a press release announcing it will redeem all of its outstanding Class A ordinary shares, par value $0.0001, effective as of the close of business on October 6, 2022, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

     

    In addition, the Company issued a letter to the Company’s investors. A copy of such letter is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

     

    Item 9.01. Financial Statements and Exhibits.

     

    Exhibit No.   Description
    99.1*   Press release, dated September 26, 2022
    99.2*   Letter to Investors, dated September 26, 2022
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

    *Furnished herewith.

     

     

     

     

    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.

     

      Vy Global Growth
         
      By: /s/ Katja Lake
        Name:  Katja Lake
        Title: Chief Financial Officer
         
    Dated: September 26, 2022    

     

     

     

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