UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
December 26, 2023

ALPHA PARTNERS TECHNOLOGY MERGER CORP.
(Exact Name of Registrant as Specified in its Charter)


Cayman Islands
001-40677
98-1581691
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

Empire State Building
20 West 34th Street, Suite 4215
New York, NY
 
10001
(Address of Principal Executive Offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (212) 906-4480

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 (see General Instruction A.2. below):


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
Class A ordinary shares included as part of the Units, par value $0.0001 per share
  APTM
 
The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
 
APTMW
 
The Nasdaq Stock Market LLC
Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant to acquire one Class A ordinary share
 
APTMU
 
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 (§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

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 7.01.
Regulation FD Disclosure.

On December 11, 2023, Alpha Partners Technology Merger Corp., a special purpose acquisition company (the “Company”) announced its intention to liquidate as a result of its inability to complete a business combination.  Since that time, the Company has been approached by a number of groups seeking to acquire the interests of the sponsor that would continue funding the Company until it is able to complete a business combination.  As a result, the Board of Directors of the Company has determined to postpone the liquidation until it can evaluate all the proposals and possibly engage in a transaction that would permit the stockholders to receive the value that would come from successfully completing a business combination.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Forward-Looking Statements

Certain statements in this Current Report on Form 8-K may be considered forward-looking statements. Forward-looking statements generally relate to future events or the future financial or operating performance of the Company. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company, are inherently uncertain.

Nothing in this Current Report on Form 8-K should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.


Item 9.01.
Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed with this Form 8-K:

Exhibit No.
 
Description of Exhibits
   
 
Press Release, dated December 26, 2023
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document)


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: December 26, 2023

ALPHA PARTNERS TECHNOLOGY MERGER CORP.
   
By:
/s/ Sean O’Brien
Name:
Sean O’Brien
Title:
Chief Financial Officer




Exhibit 99.1

FOR IMMEDIATE RELEASE

Alpha Partners Technology Merger Corp. Reverses Liquidation Decision

New York, NY – December 26, 2023 – Alpha Partners Technology Merger Corp., a special purpose acquisition company (the “Company”) today announced that on December 11, 2023, the Company announced its intention to liquidate as a result of its inability to complete a business combination. Since that time, the Company has been approached by a number of groups seeking to acquire the interests of the sponsor that would continue funding the Company until it is able to complete a business combination.  As a result, the Board of Directors has determined to postpone the liquidation until it can evaluate all the proposals and possibly engage in a transaction that would permit the stockholders to receive the value that would come from successfully completing a business combination.

About Alpha Partners Technology Merger Corp.

Alpha Partners Technology Merger Corp. was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. For more information, please visit www.aptmspac.com.


Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this press release may be considered forward-looking statements. Forward-looking statements generally relate to future events or the future financial or operating performance of the Company. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company, are inherently uncertain.

Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Investor Contacts

Sean O’Brien
Chief Financial Officer for Alpha Partners Technology Merger Corp.
Email: sean@alphapartners.com

Jay Kolbe
Impact Partners for Alpha Partners Technology Merger Corp.
Email: jkolbe@ImpactPartners.llc



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Document and Entity Information
Dec. 26, 2023
Entity Listings [Line Items]  
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Entity Registrant Name ALPHA PARTNERS TECHNOLOGY MERGER CORP.
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Entity Tax Identification Number 98-1581691
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Entity Address, Address Line Two 20 West 34th Street, Suite 4215
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Title of 12(b) Security Class A ordinary shares included as part of the Units, par value $0.0001 per share
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Security Exchange Name NASDAQ
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Security Exchange Name NASDAQ
Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant to acquire one Class A ordinary share [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant to acquire one Class A ordinary share
Trading Symbol APTMU
Security Exchange Name NASDAQ

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