AITRU AI Transportation Acquisition Corporation

 

 

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): November 8, 2024

 

 

AI Transportation Acquisition Corp

(Exact name of registrant as specified in its charter)

 

 

Cayman islands		001-41860		N/A
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification Number)

 

10 East 53rd Street, Suite 3001

New York, NY 10022

(Address of principal executive offices, including zip code)

 

+ (86) 1350 1152063

(Registrant’s telephone number, including area code)

 

 

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 Ordinary Share, par value $0.0001 per share, and one right to acquire 1/8th of one Ordinary Share		AITRU		The Nasdaq Stock Market LLC
Ordinary Shares included as part of the Units		AITR		The Nasdaq Stock Market LLC
Rights included as part of the Units		AITRR		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 ☒

 

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 5.07 Submission of Matters to a Vote of Security Holders.

 

AI Transportation Acquisition Corp (the “Company”) convened an extraordinary general meeting in lieu of its 2024 annual meeting of shareholders (the “Meeting”) on Friday November 8, 2024, at 9:30 a.m., local time, at 2 Robbins Lane, Suite 201, Jericho, NY 11753 and virtually at https://www.cstproxy.com/aitransportation/2024 using Conference ID: 5382572#. The Meeting was adjourned for additional time to gain approval of the Company’s proposals by the Company’s shareholders.

 

The Meeting has been adjourned to November 22, 2024 at 9:30 a.m., local time, at 2 Robbins Lane, Suite 201, Jericho, NY 11753 and virtually at https://www.cstproxy.com/aitransportation/2024 using Conference ID: 5382572#, to consider and vote upon the proposals described in the notice of meeting dated October 28, 2024 that was sent to each shareholder of record as of the close of business on October 18, 2024.



Item 8.01 Other Events.

 

On November 8, 2024, the Company issued a Press Release to announce that its Meeting of shareholders has been adjourned to November 22, 2024 at 9:30 a.m., local time, at 2 Robbins Lane, Suite 201, Jericho, NY 11753 and virtually at https://www.cstproxy.com/aitransportation/2024 using Conference ID: 5382572#.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.		Description
99.1		Press Release issued November 8, 2024
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

SIGNATURES

 

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: November 8, 2024
AI TRANSPORTATION ACQUISITION CORP
By:	/s/ Yongjin Chen
Name:	Yongjin Chen
Title:	Chief Executive Officer and Chairman

 

 

Exhibit 99.1

 

 

AI Transportation Acquisition Corp Announces Postponement of Adjourned Extraordinary General Meeting in Lieu of the 2024 Annual Meeting of Shareholders

 

New York, November 8, 2024 (GLOBE NEWSWIRE) – AI Transportation Acquisition Corp (“AITR”) (NASDAQ: AITR), a special purpose acquisition company, today announced that the adjournment of its extraordinary general meeting in lieu of its 2024 annual meeting of shareholders (“Meeting”) will be postponed from its scheduled time of 9:30 a.m. Eastern Time on November 8, 2024 to 9:30 a.m. Eastern Time on November 22, 2024 to procure additional votes for the proposals.

 

The Meeting can still be attended in person or accessed virtually at the following website: https://www.cstproxy.com/aitransportation/2024 with Conference ID: 5382572#). You will need the 12-digit meeting control number that is printed on your proxy card to enter the Meeting.

 

The record date for the Meeting remains October 18, 2024. To exercise redemption rights, holders must tender their share certificates to Continental Stock Transfer & Trust Company, AITR Acquisition’s transfer agent, no later than two (2) business days prior to the Meeting, which deadline is now November 20, 2024.

 

Shareholders as of the record date can vote, even if they have subsequently sold their shares. Any shareholders who wish to change their vote and need assistance should contact Continental Stock Transfer & Trust Company at 917-262-2373, or email proxy@continentalshare.com. Stockholders who wish to withdraw their previously submitted redemption requests may do so prior to the rescheduled meeting by requesting that the transfer agent return such public shares prior to 9:30 a.m. Eastern Time on November 20, 2024.

 

About AI Transportation Acquisition Corp

 

AI Transportation Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company has not selected a business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target While the Company may pursue a target in any industry, section or geography, it intends to focus the search for a target business in the transportation field, including but not limited to logistics, new energy vehicles, smart parking, on-board chips and AI algorithms, automotive services and related areas of intelligent transportation. The Company is led by its Chief Executive Officer, Mr. Yongjin Chen.

 

 

Participants in the Solicitation

 

The Company and its directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies from the Company’s shareholders in respect of the Special Meeting and the Proposals and related matters. Information regarding the Company’s directors and executive officers is available in Company’s Definitive Proxy Statement on Schedule 14A filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on October 28, 2024 (the “Proxy Statement”). Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are contained in the Proxy Statement.

 

Non-Solicitation

 

This press release is for informational purposes and is not intended and does not constitute a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer or invitation for the sale or purchase of the securities, assets or the business of AI Transportation Acquisition Corp, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

 

Contact:

 

AI Transportation Acquisition Corp

Mr. Yongjin Chen

Chief Executive Officer

10 East 53rd Street, Suite 3001

New York, NY 10022

Email: chenyongjin@ds-cap.com

 

 

v3.24.3

Cover	Nov. 08, 2024
Document Type	8-K
Amendment Flag	false
Document Period End Date	Nov. 08, 2024
Entity File Number	001-41860
Entity Registrant Name	AI Transportation Acquisition Corp
Entity Central Index Key	0001966734
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	10 East 53rd Street
Entity Address, Address Line Two	Suite 3001
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	+ (86)
Local Phone Number	1350 1152063
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Units, each consisting of one Ordinary Share, par value $0.0001 per share, and one right to acquire 1/8
Title of 12(b) Security	Units, each consisting of one Ordinary Share, par value $0.0001 per share, and one right to acquire 1/8th of one Ordinary Share
Trading Symbol	AITRU
Security Exchange Name	NASDAQ
Ordinary Shares included as part of the Units
Title of 12(b) Security	Ordinary Shares included as part of the Units
Trading Symbol	AITR
Security Exchange Name	NASDAQ
Rights included as part of the Units
Title of 12(b) Security	Rights included as part of the Units
Trading Symbol	AITRR
Security Exchange Name	NASDAQ

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