PPHPU PHP Ventures Acquisition Corporation

 

 

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): February 15, 2024

 

PHP Ventures Acquisition Corp.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

001-40696		86-3368971
(Commission File Number)		(IRS Employer Identification No.)

 

10 East 53rd St., Suite 3001

New York, NY, 10022

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code +60 3 5888 8485

 

N/A

(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:

 

	☒	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 share of Class A Common Stock, one-half of one redeemable warrant, and one right to acquire one-tenth of one share of Class A common stock		PPHPU		The Nasdaq Stock Market LLC
Class A Common Stock, $0.0001 par value per share		PPHP		The Nasdaq Stock Market LLC
Rights, exchangeable into one-tenth of one share of Class A common stock		PPHPR		The Nasdaq Stock Market LLC
Redeemable Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share		PPHPW		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 8.01. Other Events.

 

On February 16, 2024, PHP Ventures Acquisition Corp., a Delaware corporation (the “Company”), issued a press release announcing that it caused to be deposited $34,645.56 into the Company’s trust account for its public stockholders (the “Trust Account”) on February 15, 2024, allowing the Company to extend the date by which the Company may consummate an initial business combination by one month (the “Extension”) from February 16, 2024 to March 16, 2024. This Extension is permitted under the Company’s governing documents.

 

A copy of the press release is attached as Exhibit 99.1, which is incorporated herein by reference.

 

Item 9.01. Exhibits.

 

Exhibit Number		Description of Exhibit
99.1		Press Release for Extension Payment.
104		Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit)

 

 

SIGNATURES

 

Under the requirements of the Securities Exchange Act of 1934, the Company has caused this report to be signed by the duly authorized undersigned.

 

	PHP Ventures Acquisition Corp
Date: February 16, 2024	By:	/s/ Marcus Choo Yeow Ngoh
		Marcus Choo Yeow Ngoh
		Chief Executive Officer and Director

 

 

 

Exhibit 99.1

 

 

PHP Ventures Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination

 

Miami Beach, Florida – PHP Ventures Acquisition Corp (NASDAQ: PPHPU, PPHP, PPHPR, PPHPW), a special purpose acquisition company (the “Company”), announced that it caused to be deposited $34,645.56 into the Company’s trust account for its public stockholders, allowing the Company to extend the period of time it has to consummate its initial business combination by one month—from February 16, 2024 to March 16, 2024 (the “Extension”). This Extension is permitted under the Company’s governing documents.

 

About PHP Ventures Acquisition Corp

 

The Company is a blank check company incorporated in the State of Delaware on April 13, 2021. The Company was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities (“Business Combination”). The Company is led by its Chief Executive Officer, Marcus Choo Yeow Ngoh.

 

Forward Looking Statements

 

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the Risk Factors section of the Company’s proxy statement filed on July 31, 2023 with the Securities and Exchange Commission (“SEC”) and the related registration statement on Form S-4 filed on September 27, 2023 by Modulex Modular Buildings PLC. Copies are available on the SEC’s website, www.sec.gov. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any statement is based.

 

Contact:

 

MZ Group

Chris Tyson

+1 (949) 492-8235

PPHP@mzgroup.us

 

 

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