CURRENT REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 19, 2023
Home Plate Acquisition Corporation
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation
or organization)
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001-40844
(Commission
File Number)
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86-2858172
(I.R.S. Employer
Identification Number)
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P.O. Box 1314
New York, NY 10028
(917) 703-2312
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
(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 to 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:
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Name of each exchange on which registered
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Units, each consisting of one Class A Common Stock and one-half of one Redeemable Warrant
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HPLTU
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The Nasdaq Stock Market LLC
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Class A Common Stock, par value $0.0001 per share
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HPLT
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The Nasdaq Stock Market LLC
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Warrants, each whole warrant exercisable for one Class A Common Stock at an exercise price of $11.50
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HPLTW
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The Nasdaq Stock Market LLC
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the
Securities Exchange Act of 1934.
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 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously reported by Home Plate Acquisition Corp. (the “Company”) in its Current Report on Form 8-K dated October 3, 2023, as
amended by Amendment No. 1, dated October 4, 2023, the Board of Directors (the “Board”) of the Company determined that if the Company had not consummated an initial Business Combination (as defined in the Company’s Amended and Restated Certificate of
Incorporation), by October 4, 2023 (the “Combination Period”), the Company shall (i) cease all operations, except for the purpose of winding up; (ii) as promptly as reasonably possible but no more than ten business days thereafter, and subject to
having lawfully available funds therefor, redeem (the “Redemption”) 100% of the outstanding public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the
funds held in the Trust Account not previously released to the Corporation to pay its taxes, if any (less up to $100,000 of interest to pay dissolution expenses) divided by the number of the then outstanding public shares, which Redemption will
completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such Redemption, subject
to the approval of the remaining stockholders and the Board in accordance with applicable law, liquidate and dissolve , subject in each case to the Company’s obligations under the Delaware General Corporation Law to provide for claims of creditors
and the requirements of other applicable law. The Company’s sponsor, directors and officers have agreed to waive their redemption rights with respect to their outstanding Class A common stock. There will be no redemption rights or liquidating
distributions with respect to the Company’s warrants, which will expire worthless.
On October 3, 2023, the Company (i) notified the Nasdaq Stock Market LLC (the “Nasdaq”) of the anticipated Redemption, liquidation and
dissolution; and (ii) requested that Nasdaq (A) suspend trading of the Company’s shares of Class A common stock, redeemable warrants to purchase shares of Class A common stock (the “Warrants”) and units, each consisting of one share of Class A common
stock and one-half of one Warrant (the units, together with the Class A common stock and the Warrants, the “Securities”) effective before the opening of trading on October 19, 2023, and (B) file with the Securities and Exchange Commission (the “SEC”)
a Form 25 Notification of Removal from Listing and/or Registration (“Form 25”) to delist and deregister the Securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As a result, the Securities will no
longer be listed on Nasdaq.
Once the Form 25 becomes effective to deregister the Securities under Section 12(b) of the Exchange Act, the Company intends to file a
Form 15 Certification and Notice of Termination of Registration with the SEC, requesting that the Company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act be suspended with respect to the Securities.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed
on its behalf by the undersigned hereunto duly authorized.
Dated: October 19, 2023
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HOME PLATE ACQUISITION CORPORATION
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By:
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/s/ Jonathan Rosenzweig
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Name:
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Jonathan Rosenzweig
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Title:
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Chief Financial Officer and Secretary
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