Amended Current Report Filing (8-k/a)
27 April 2022 - 7:13AM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
Amendment No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of
earliest event reported): April 19, 2022
Greencity Acquisition Corporation
(Exact Name of Registrant as Specified in
Charter)
Cayman Islands |
|
001-39404 |
|
n/a |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
505 Eshan Road, Floor 6
Pudong
New District, Shanghai
China
200120
(Address
of Principal Executive Offices, and Zip Code)
(+86) 21-20257919
Registrant’s Telephone
Number, Including Area Code
Not Applicable
(Former Name or Former
Address, if Changed Since Last Report)
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 U.S. $0.0001 and one redeemable warrant to purchase one-half ordinary share |
|
GRCYU |
|
The Nasdaq Stock Market LLC |
Ordinary Shares, par value U.S. $0.0001 |
|
GRCY |
|
The Nasdaq Stock Market LLC |
Redeemable Warrants, each warrant exercisable for one half ordinary share |
|
GRNVW |
|
The Nasdaq Stock Market LLC |
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 communication 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 communication
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communication
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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 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.
Explanatory Note
On April 20, 2022, Greencity
Acquisition Corporation (“Greencity” or the Company”) filed a report on Form 8-K under Items 5.03, 5.07 and 7.01 to
report that at an Extraordinary General Meeting of Shareholders held on April 18, 2022, its shareholders had approved an amendment to
its Amended and Restated Memorandum and Articles of Association extending the term of the Company from April 28, 2022 to October 28, 2022.
Pursuant to this Amendment No. 1 on Form 8-K/A to Form 8-K, dated April 20, 2022, Item 7.01 is hereby amended.
Item 7.01 |
Regulation FD Disclosure. |
In Item 7.01 to Form
8-K, dated April 20, 2022, the Company reported that in connection with the vote to approve an amendment
to its Amended and Restated Memorandum and Articles of Association to extend the date by which Greencity has to consummate a merger, capital
stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses from April
28, 2022 to October 28, 2022 , the holders of 78,050 shares of the Company’s ordinary shares properly exercised their right
to redeem their shares for cash at a redemption price of approximately $10.39 per share, for an aggregate redemption amount of $810,939.50.
As a result, an amount of $41,013,590.50 remains in the trust account.
In a final report from
Continental Stock Transfer and Trust Company, the Company’s transfer agent and trustee to the trust account, has certified that
the final redemption price per share was $10.45 resulting in a total final aggregate redemption amount of $816,101.13 and a net balance
in the trust account after payment of the aggregate redemption amount of $41,008,428.63.
In addition, the Company’s
sponsor made a monthly extension payment of $129,424.35.
The information in this
Item 7.01 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 or the Exchange Act, except as expressly set forth by specific reference
in such filing.
IMPORTANT NOTICES
Greencity’s stockholders may obtain a copy
of documents filed with the SEC by Greencity, without charge, at the SEC’s website located at www.sec.gov.
Forward-Looking Statements
This Current Report on Form 8-K includes “forward-looking
statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company's registration statement and prospectus for the offering filed with the U.S. Securities
and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation
to update these statements for revisions or changes after the date of this press release, except as required by law.
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.
|
Greencity Acquisition Corp. |
|
|
|
By: |
/s/ Panyan Yu |
|
Name: |
Panyan Yu |
|
Title: |
Chief Financial Officer |
|
|
Date: April 26, 2022 |
|
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