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): January 8, 2024

DP Cap Acquisition Corp I
(Exact name of registrant as specified in its charter)


Cayman Islands
  
001-41041
  
N/A
(State or other jurisdiction of incorporation or organization)
  
(Commission File Number)
  
 (I.R.S. Employer Identification Number)
 
341 Newbury Street
6th Floor
Boston, MA
  
02115
(Address of principal executive offices)
  
(Zip Code)

(617) 874-5152
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 to 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 Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant
  
DPCSU
  
The Nasdaq Global Market
Class A ordinary shares, $0.0001 par value
   DPCS  
The Nasdaq Global Market
Redeemable public warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
  
 
DPCSW
  
The Nasdaq Global Market

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 8.01
Other Events.

Extension Approval

As previously disclosed, on May 10, 2023, DP Cap Acquisition Corp I, a Cayman Islands exempted company (the “Company”) held an extraordinary general meeting of shareholders, at which the Company’s shareholders approved, by special resolution, the proposal to amend and restate the Company’s amended and restated memorandum and articles of association to extend the date by which the Company must (1) consummate an initial business combination, (2) cease all operations except for the purpose of winding up if it fails to complete such initial business combination, and (3) redeem all of the Class A ordinary shares, par value $0.0001 per share, included as part of the units sold in its initial public offering from May 12, 2023 to November 12, 2023 (the “Extended Date”) and to allow the board of directors of the Company (the “Board”), without another shareholder vote, to elect to further extend the date to consummate an initial business combination after the Extended Date up to three times, by an additional month each time, upon two days’ advance notice prior to the applicable deadline, up to February 12, 2024. On November 8, 2023, the Board approved an extension of the date by which the Company is required to complete an initial business combination by one-month from November 12, 2023 to December 12, 2023. Subsequently on December 8, 2023, the Board approved a second extension of the date by which the Company is required to complete an initial business combination from December 12, 2023 until January 12, 2024.

On January 8, 2023, the Board approved a third extension of the date by which the Company is required to complete an initial business combination from January 12, 2024 until February 12, 2024 (the “Third Optional Extension”). This Current Report on Form 8-K constitutes notice to shareholders of the Board’s approval of the Third Optional Extension.

2
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: January 8, 2024
  
   
 
DP CAP ACQUISITION CORP I
     
 
By:
/s/ Scott Savitz
 
Name:
 Scott Savitz
 
Title:
Chief Executive Officer


v3.23.4
Document and Entity Information
Jan. 08, 2024
Entity Listings [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Jan. 08, 2024
Entity File Number 001-41041
Entity Registrant Name DP Cap Acquisition Corp I
Entity Central Index Key 0001857803
Entity Incorporation, State or Country Code E9
Entity Tax Identification Number 00-0000000
Entity Address, Address Line One 341 Newbury Street
Entity Address, Address Line Two 6th Floor
Entity Address, City or Town Boston
Entity Address, State or Province MA
Entity Address, Postal Zip Code 02115
City Area Code 617
Local Phone Number 874-5152
Entity Emerging Growth Company true
Entity Ex Transition Period false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Common Stock [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant
Trading Symbol DPCSU
Security Exchange Name NASDAQ
Class A ordinary shares, $0.0001 par value [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security Class A ordinary shares, $0.0001 par value
Trading Symbol DPCS
Security Exchange Name NASDAQ
Redeemable public warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 [Member]  
Entity Listings [Line Items]  
Title of 12(b) Security Redeemable public warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol DPCSW
Security Exchange Name NASDAQ
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