Current Report Filing (8-k)
October 21 2022 - 5:16PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
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 21, 2022
Blockchain Moon Acquisition Corp.
(Exact name of registrant as specified in its
charter)
| Delaware |
001-40922 |
86-1839124 |
(State or other jurisdiction of
incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer
Identification Number) |
|
4651 Salisbury Road, Suite 400
Jacksonville, FL |
32256 |
| (Address of principal executive offices) |
(Zip Code) |
(424) 262-6097
Registrant’s telephone number, including
area code
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 |
| Common Stock, par value $0.0001 per share |
|
BMAQ |
|
The Nasdaq Stock Market LLC |
| Redeemable Warrants, each exercisable for one-half of one share of Common Stock at an exercise price of $11.50 |
|
BMAQW |
|
The Nasdaq Stock Market LLC |
| Rights, each to receive one-tenth of one share of Common Stock |
|
BMAQR |
|
The Nasdaq Stock Market LLC |
| Units, each consisting of one share of Common Stock, one Right and one Redeemable Warrant |
|
BMAQU |
|
The Nasdaq Stock Market LLC |
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 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 2.03.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement or a Registrant.
As
disclosed in the definitive proxy statement filed by Blockchain Moon Acquisition Corp. (“Blockchain Moon” or the “Company”)
with the Securities and Exchange Commission (the “SEC”) on October 4, 2022, as supplemented (the “Extension
Proxy Statement”), relating to the special meeting of stockholders (the “Extension Meeting”), Jupiter Sponsor
LLC, the Company’s sponsor (the “Sponsor”), agreed that if the Extension Amendment Proposal (as defined below)
was approved, it or one or more of its affiliates, members or third-party designees (the “Lender”) will contribute
to the Company as a loan $360,000 to be deposited into the trust account established in connection with the Company’s initial public
offering (the “Trust Account”).
On October 19, 2022, the stockholders of Blockchain Moon approved the Extension Amendment Proposal (as defined below) at the Extension
Meeting (as described in Item 5.07 of this Current Report on Form 8-K). Accordingly,
on October 21, 2022, the Company issued an unsecured promissory note in the principal amount of $360,000 (the “Note”)
to the Sponsor. The Note does not bear interest and matures upon closing of the Company’s initial business combination. In the event
that the Company does not consummate a business combination, the Note will be repaid only from amounts remaining outside of the Trust
Account, if any. The proceeds of the Note have been deposited in the Trust Account in connection with the Charter Amendment (as defined
below).
The
foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, which
is incorporated by reference herein and filed herewith as Exhibit 10.1.
Item 5.03 Amendments
to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
October 19, 2022, Blockchain Moon held the Extension Meeting to approve an amendment to Blockchain Moon’s amended and restated certificate
of incorporation (the “Charter Amendment”) to extend the date (the “Termination Date”) by which
Blockchain Moon has to consummate a business combination from October 21, 2022 (the “Original
Termination Date”) to January 21, 2023 (the “Charter Extension Date”) and to allow Blockchain Moon, without
another stockholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to six
times by an additional one month each time after the Charter Extension Date, by resolution of Blockchain Moon’s board of directors,
if requested by the Sponsor, and upon five days’ advance notice prior to the applicable Termination Date, until July 21, 2023, or
a total of up to nine months after the Original Termination Date, unless the closing of Blockchain Moon’s initial business combination
shall have occurred prior thereto (the “Extension Amendment Proposal”). The stockholders of Blockchain Moon approved
the Extension Amendment Proposal at the Extension Meeting and on October 21, 2022, Blockchain Moon filed the Charter Amendment
with the Delaware Secretary of State.
The
foregoing description is qualified in its entirety by reference to the Charter Amendment, a copy of which is attached as Exhibit
3.1 hereto and is incorporated by reference herein.
Item 5.07 Submission of
Matters to a Vote of Security Holders.
On
October 19, 2022, Blockchain Moon held the Extension Meeting to approve the Extension Amendment Proposal and the Adjournment Proposal,
each as more fully described in the Extension Proxy Statement. As there were sufficient votes
to approve the Extension Amendment Proposal, the Adjournment Proposal was not presented to stockholders.
Holders
of 12,749,332 shares of common stock of Blockchain Moon held of record as of September 27, 2022, the record date for the Extension Meeting,
were present in person or by proxy, representing approximately 86.12% of the voting power of Blockchain Moon’s shares of common
stock as of the record date for the Extension Meeting, and constituting a quorum for the transaction of business.
The
voting results for the Extension Amendment Proposal were as follows:
The
Extension Amendment Proposal
|
For |
|
Against |
|
Abstain |
| 12,068,485 |
|
680,778 |
|
69 |
The
Adjournment Proposal
The Company had solicited proxies in favor
of an Adjournment Proposal which would have given the Company authority to adjourn the Extension Meeting to solicit additional
proxies. As sufficient shares were voted in favor of the Extension Amendment Proposal, this proposal was not voted upon at the
Extension Meeting.
In connection with the vote
to approve the Charter Amendment, the holders of 9,724,108 public shares of common stock of the Company properly exercised
their right to redeem their shares (and did not withdraw their redemption) for cash at a redemption price of approximately $10.06
per share, for an aggregate redemption amount of approximately $97,852,300. Following such redemptions, approximately $17,870,500
was left in trust and 1,775,892 shares of common stock held by public stockholders remained outstanding.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
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: October 21, 2022
| |
BLOCKCHAIN MOON ACQUISITION CORP. |
| |
|
| |
By: |
/s/ Enzo A. Villani |
| |
Name: |
Enzo A. Villani |
| |
Title: |
Chief Executive Officer |
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