false 0001848821 0001848821 2023-11-27 2023-11-27 0001848821 gtac:UnitsEachConsistingOfOneClassAOrdinaryShare0.0001ParValueAndOneHalfOfOneRedeemableWarrantMember 2023-11-27 2023-11-27 0001848821 us-gaap:CapitalUnitClassAMember 2023-11-27 2023-11-27 0001848821 gtac:RedeemableWarrantsEachWholeWarrantExercisableForOneClassAOrdinaryShareAtAnExercisePriceOf11.50Member 2023-11-27 2023-11-27

 

 

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): November 27, 2023

 

 

Global Technology Acquisition Corp. I

(Exact name of registrant as specified in its charter)

 

 

 

Cayman Islands   001-40948   66-0969672

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

   (I.R.S. Employer
Identification Number)

CO Services Cayman Limited

P.O. Box 10008

Willow House, Cricket Square

Grand Cayman, Cayman Islands KY1-1001

(Address of registrant’s principal executive offices, including zip code)

(917) 338-7786

(Registrant’s telephone number, including area code)

 

 

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 (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
Symbols

  

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   GTACU   The NASDAQ Stock Market LLC
Class A Ordinary Shares, $0.0001 par value,   GTAC   The NASDAQ Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50   GTACW   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 3.02 Unregistered Sales of Equity Securities.

On November 22, 2023, Global Technology Acquisition Corp. I, a Cayman Islands exempted company (the “Company”), issued an aggregate of 1,300,000 shares of its Class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”), to Global Technology Acquisition I Sponsor LP (“Sponsor”), upon the conversion of an equal number of shares of Class B ordinary shares, par value $0.0001 per share (“Class B Ordinary Shares”), of the Company (the “Conversion”). The 1,300,000 shares of Class A Ordinary Shares issued in connection with the Conversion are subject to the same restrictions as applied to the shares of Class B Ordinary Shares before the Conversion, including, among other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of an initial business combination, as described in the prospectus for the Company’s initial public offering. For the avoidance of doubt, such Class A Ordinary Shares issued in connection with the Conversion do not have any redemption rights and are not entitled to liquidating distributions from the trust account if the Company does not consummate an initial business combination.

Following the Conversion, there are 3,389,996 shares of Class A Ordinary Shares issued and outstanding and 3,700,000 Class B Ordinary Shares issued and outstanding. As a result of the Conversion, the Sponsor holds approximately 38.35% of the outstanding Class A Ordinary Shares.

The issuance of the shares of Class A Ordinary Shares upon the Conversion has not been registered under the Securities Act of 1933, as amended, in reliance on the exemption from registration provided by Section 3(a)(9) thereof.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: November 27, 2023

 

Global Technology Acquisition Corp. I
By:  

/s/ Arnau Porto Dolc

Name:   Arnau Porto Dolc
Title:   Chief Executive Officer
v3.23.3
Document and Entity Information
Nov. 27, 2023
Document And Entity Information [Line Items]  
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Entity Central Index Key 0001848821
Document Type 8-K
Document Period End Date Nov. 27, 2023
Entity Registrant Name Global Technology Acquisition Corp. I
Entity Incorporation State Country Code E9
Entity File Number 001-40948
Entity Tax Identification Number 66-0969672
Entity Address, Address Line One CO Services Cayman Limited
Entity Address, Address Line Two P.O. Box 10008
Entity Address, Address Line Three Willow House
Entity Address, City or Town Grand Cayman
Entity Address, Region Grand Cayman
Entity Address, Country KY
Entity Address, Postal Zip Code KY1-1001
City Area Code (917)
Local Phone Number 338-7786
Written Communications true
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Entity Ex Transition Period false
Units Each Consisting Of One Class A Ordinary Share 0.0001 Par Value And One Half Of One Redeemable Warrant [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-half of one redeemable warrant
Trading Symbol GTACU
Security Exchange Name NASDAQ
Capital Unit, Class A [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Class A Ordinary Shares, $0.0001 par value
Trading Symbol GTAC
Security Exchange Name NASDAQ
Redeemable Warrants Each Whole Warrant Exercisable For One Class A Ordinary Share At An Exercise Price Of 11.50 [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Redeemable warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50
Trading Symbol GTACW
Security Exchange Name NASDAQ
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