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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): December 18, 2023
CHAVANT CAPITAL ACQUISITION CORP.
(Exact name of registrant as specified in its charter)
Cayman Islands |
001-40621 |
98-1591717 |
(State or other jurisdiction
of incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
445 Park Avenue, 9th Floor
New
York, New York |
10022 |
(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including
area code: (212) 745-1086
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:
x
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 three-quarters of one redeemable warrant |
|
CLAYU |
|
The Nasdaq Stock Market LLC |
Ordinary shares, par value $0.0001 per share |
|
CLAY |
|
The Nasdaq Stock Market LLC |
Redeemable warrants, each warrant exercisable for one ordinary share, each at an exercise price of $11.50 per share |
|
CLAYW |
|
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 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 5.07. |
Submission of Matters to a Vote of Security Holders. |
On December 18, 2023, Chavant Capital
Acquisition Corp. (the “Company”) held an extraordinary general meeting of shareholders in lieu of an annual general meeting
(the “Extraordinary General Meeting”). At the Extraordinary General Meeting, holders of 2,499,412 ordinary shares of the Company,
representing approximately 89.94% of all of the shares entitled to vote at the Extraordinary General Meeting, were present in person or
were represented by valid proxies; therefore, a quorum was present at the Extraordinary General Meeting.
The shareholders voted on the following proposals
at the Extraordinary General Meeting, each of which is described in more detail in the Company’s definitive proxy statement/prospectus
filed with the U.S. Securities and Exchange Commission on November 15, 2023 (as supplemented, the “Proxy Statement/Prospectus”).
Capitalized terms used but not defined herein have the meanings assigned to such terms in the Proxy Statement/Prospectus.
As there were sufficient votes to approve the Transaction Proposal,
the Domestication Proposal, the Organizational Documents Proposal, the Advisory Governance Proposals, the Nasdaq Proposal, the Equity Incentive
Plan Proposal, the Employee Stock Purchase Plan Proposal and the Director Election Proposal, the Adjournment Proposal was not presented
to shareholders.
Set forth below are the
voting results for the Transaction Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
Set
forth below are the voting results for the Domestication Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,357 |
|
3,005 |
|
50 |
|
N/A |
Set
forth below are the voting results for the Organizational Documents Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
Set
forth below are the voting results for the Advisory Governance Proposals:
(a) Removal
of Special Purpose Acquisition Company Provisions
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
(b) Authorized
Capital Stock
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
(c) Voting
Rights of Common Stock
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
(d) Right of
the Holders of Class B Common Stock to Elect Certain Directors
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
(e) Removal of Directors
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
(f) Amendment of Charter
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
(g) Amendment of Bylaws
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
(h) Eliminate the Ability of the Holders of
Class A Common Stock to Act by Written Consent
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
(i) Remove Renouncement of Corporate
Opportunities
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
(j) Choice of Forum
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
(k) Change of Corporate Name
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
Set forth below are the
voting results for the Nasdaq Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,490,390 |
|
9,022 |
|
0 |
|
N/A |
Set
forth below are the voting results for the Equity Incentive Plan Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,490,389 |
|
9,023 |
|
0 |
|
N/A |
Set
forth below are the voting results for the Employee Stock Purchase Plan Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,408 |
|
3,004 |
|
0 |
|
N/A |
Set
forth below are the voting results for the Director Election Proposal:
For |
|
Against |
|
Abstain |
|
Broker Non-Votes |
2,496,407 |
|
3,005 |
|
0 |
|
N/A |
In connection with the Extraordinary
General Meeting, as of the redemption deadline at 5:00 p.m., Eastern time, on December 14, 2023, shareholders holding 741,613 ordinary
shares of the Company exercised their right to redeem such shares for a pro rata portion of the funds in the Company’s
trust account established in connection with its initial public offering.
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.
|
CHAVANT CAPITAL ACQUISITION CORP. |
|
|
|
|
By: |
/s/ Jiong Ma |
|
Name: |
Jiong Ma |
|
Title: |
Chief Executive Officer |
|
|
|
Date: December 18, 2023 |
|
|
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Dec. 18, 2023 |
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|
Entity File Number |
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|
Entity Registrant Name |
CHAVANT CAPITAL ACQUISITION CORP.
|
Entity Central Index Key |
0001855467
|
Entity Tax Identification Number |
98-1591717
|
Entity Incorporation, State or Country Code |
E9
|
Entity Address, Address Line One |
445 Park Avenue
|
Entity Address, Address Line Two |
9th Floor
|
Entity Address, City or Town |
New
York
|
Entity Address, State or Province |
NY
|
Entity Address, Postal Zip Code |
10022
|
City Area Code |
212
|
Local Phone Number |
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Units, each consisting of one ordinary share, par value $0.0001 per share, and three-quarters of one redeemable warrant [Member] |
|
Document Information [Line Items] |
|
Title of 12(b) Security |
Units, each consisting of one ordinary share, par value $0.0001 per share, and three-quarters of one redeemable warrant
|
Trading Symbol |
CLAYU
|
Security Exchange Name |
NASDAQ
|
Common Stock [Member] |
|
Document Information [Line Items] |
|
Title of 12(b) Security |
Ordinary shares, par value $0.0001 per share
|
Trading Symbol |
CLAY
|
Security Exchange Name |
NASDAQ
|
Redeemable warrants, each warrant exercisable for one ordinary share, each at an exercise price of $11.50 per share [Member] |
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Document Information [Line Items] |
|
Title of 12(b) Security |
Redeemable warrants, each warrant exercisable for one ordinary share, each at an exercise price of $11.50 per share
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Trading Symbol |
CLAYW
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Security Exchange Name |
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