Form 8-K - Current report
09 September 2023 - 6:15AM
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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 8, 2023
Bannix
Acquisition Corp.
(Exact
Name of Registrant as Specified in its Charter)
Delaware |
|
1-40790 |
|
86-1626016 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
8265
West Sunset Blvd., Suite # 107
West Hollywood, CA |
|
90046 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (323) 682-8949
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 |
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.01 per share |
|
BNIX |
|
The
Nasdaq Stock Market LLC |
Redeemable
Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 |
|
BNIXW |
|
The
Nasdaq Stock Market LLC |
One
Right to receive 1/10th of one share of Common Stock |
|
BNIXR |
|
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 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 8.01. Other Events
On June 23, 2023, Bannix Acquisition Corp. (the “Company”)
entered into a Business Combination Agreement (the “Business Combination Agreement”) with EVIE
Autonomous Group Ltd, a private company formed under the Laws of England and Wales (“EVIE”) which has acquired the
assets of EVIE Autonomous Ltd.) and the shareholder of EVIE (the “EVIE Shareholder”)
pursuant to which the Company will acquire 100% of the outstanding equity interests of EVIE (the “Transaction”).
As part of the
Transaction, on or about July 12, 2023, the Company filed with the United Kingdom Cabinet Office a notification under the National Security
and Investment Act 2021 (the “Act”) in relation to the acquisition of EVIE, which is required by the Act (the “Notification”).
On September 6, 2023, the Company
was notified by the U.K. Cabinet Office, Risk Identification and Review Investment Security Unit, that the Secretary of State has
considered the notification and approved it. With such approval, in accordance with section 14 of the Act, the Secretary of State has
determined that he will be taking no further action in relation to the acquisition of EVIE by the Company.
Forward
Looking Statements
This
Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks, uncertainties, and assumptions that are difficult
to predict. All statements other than statements of historical fact contained in this Current Report on Form 8-K, including statements
regarding future events, our future financial performance, business strategy, and plans and objectives of management for future operations,
are forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including “anticipates,”
“believes,” “can,” “continue,” “could,” “estimates,” “expects,”
“intends,” “may,” “plans,” “potential,” “predicts,” or “should,”
or the negative of these terms or other comparable terminology. The forward-looking statements made herein are based on the Company’s
current expectations. Actual results could differ materially from those described or implied by such forward-looking statements as a result
of various important factors, including, without limitation, its limited operating history, competitive factors in the Company’s
and EVIE’s industry and market, and other general economic conditions. The forward-looking statements made herein are based on the
Company’s current expectations, assumptions, and projections, which could be incorrect. The forward-looking statements made herein
speak only as of the date of this Current Report on Form 8-K and the Company undertakes no obligation to update publicly such forward-looking
statements to reflect subsequent events or circumstances, except as otherwise required by law.
Additional
Information and Where to Find It
If
the Definitive Agreement is entered into in connection with the proposed Transaction, the Company will prepare a proxy statement (the
“Proxy Statement”) to be filed with the United States Securities and Exchange Commission (the “SEC”) and mailed
to its stockholders. The Company urges its investors and other interested persons to read, when available, the Proxy Statement, as well
as other documents filed with the SEC, because these documents will contain important information about the proposed Transaction. The
Proxy Statement, once available, can be obtained, without charge, at the SEC’s website (http://www.sec.gov).
No Offer
or Solicitation
This
Current Report on Form 8-K shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or
in respect of any business combination. This Current Report on Form 8-K shall also not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Participants
in the Solicitation
The
Company and certain of its respective directors and executive officers may be deemed to be participants in the solicitation of proxies,
in favor of the approval of the proposed Transaction related matters. Information regarding the Company’s directors and executive
officers is contained in Bannix’s Form 10-K for the year ended December 31, 2022 filed with the SEC on April 11, 2023.
Additional information regarding the interests of those participants and other persons who may be deemed participants in the Transaction
may be obtained by reading the Proxy Statement and other relevant documents filed with the SEC when they become available.
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: September 8, 2023 |
|
|
|
BANNIX ACQUISITION CORP. |
|
|
|
By: |
/s/ Douglas Davis |
|
Name: |
Douglas Davis |
|
Title: |
Chief Executive Officer |
|
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Entity File Number |
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|
Entity Registrant Name |
Bannix
Acquisition Corp.
|
Entity Central Index Key |
0001845942
|
Entity Tax Identification Number |
86-1626016
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
8265
West Sunset Blvd.
|
Entity Address, Address Line Two |
Suite # 107
|
Entity Address, City or Town |
West Hollywood
|
Entity Address, State or Province |
CA
|
Entity Address, Postal Zip Code |
90046
|
City Area Code |
(323)
|
Local Phone Number |
682-8949
|
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Common Stock, par value $0.01 per share |
|
Title of 12(b) Security |
Common
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|
Trading Symbol |
BNIX
|
Security Exchange Name |
NASDAQ
|
Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 |
|
Title of 12(b) Security |
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Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50
|
Trading Symbol |
BNIXW
|
Security Exchange Name |
NASDAQ
|
One Right to receive 1/10th of one share of Common Stock |
|
Title of 12(b) Security |
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