Atlantic Coastal II Registers Common Stock & Warrants

Ticker: ABPWW · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1893219

Atlantic Coastal Acquisition CORP. II 8-K Filing Summary
FieldDetail
CompanyAtlantic Coastal Acquisition CORP. II (ABPWW)
Form Type8-K
Filed DateJan 22, 2024
Risk Levellow
Pages6
Reading Time7 min
Key Dollar Amounts$0.0001, $11.50
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, spac, common-stock, warrants

TL;DR

**Atlantic Coastal Acquisition Corp. II just confirmed its stock and warrants are officially registered for public trading.**

AI Summary

Atlantic Coastal Acquisition Corp. II filed an 8-K on January 22, 2024, to disclose that its Series A common stock, $0.0001 par value, and redeemable warrants are registered under Section 12(b) of the Securities Exchange Act of 1934. This filing confirms the company's securities are listed on an exchange, which is important for investors as it indicates the stock is publicly traded and subject to SEC oversight, providing liquidity and transparency.

Why It Matters

This filing confirms the company's securities are officially registered for public trading, which is crucial for liquidity and regulatory oversight, making it easier for investors to buy and sell shares.

Risk Assessment

Risk Level: low — This filing is a routine disclosure confirming registration of securities, which generally reduces risk by increasing transparency and liquidity.

Analyst Insight

Investors should note this filing as a confirmation of the company's public trading status and regulatory compliance, which is a standard operational step for a SPAC. It doesn't signal immediate price movement but confirms foundational market access.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Atlantic Coastal Acquisition Corp. II?

The 8-K filing by Atlantic Coastal Acquisition Corp. II on January 22, 2024, serves to report the registration of its securities, specifically Units, consisting of one share of Series A common stock, $0.0001 par value, and one-half of one redeemable warrant, pursuant to Section 12(b) of the Securities Exchange Act of 1934.

What specific securities are mentioned as being registered in this filing?

The filing states that 'Units, each consisting of one share of Series A common stock, $0.0001 par value, and one-half of one redeemable warrant' are registered pursuant to Section 12(b) of the Act.

What is the par value of the Series A common stock mentioned in the filing?

The par value of the Series A common stock mentioned in the filing is $0.0001.

Under which section of the Securities Exchange Act of 1934 are these securities registered?

The securities are registered pursuant to Section 12(b) of the Securities Exchange Act of 1934.

What was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing was January 22, 2024.

Filing Stats: 1,841 words · 7 min read · ~6 pages · Grade level 15.4 · Accepted 2024-01-22 08:16:04

Key Financial Figures

Filing Documents

01

Item 7.01. Regulation FD Disclosure. On January 22, 2024, Atlantic Coastal Acquisition Corp. II (" ACAB ") issued a press release announcing that it filed a Registration Statement on Form S-4 with the Securities and Exchange Commission (" SEC ") on January 19, 2024 in connection with the previously announced proposed business combination with Abpro Corporation (the " Company ") (the " Business Combination "). The press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. Furnished as Exhibit 99.2 hereto and incorporated into this Item 7.01 by reference is the investor presentation that ACAB and the Company have prepared for use in connection with the Business Combination. The foregoing (including Exhibits 99.1 and 99.2) is being furnished pursuant to Item 7.01 and will not be deemed to be filed for purposes of Section 18 of the Exchange Act of 1934 (the " Exchange Act "), or otherwise be subject to the liabilities of that section, nor will it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 (the " Securities Act ") or the Exchange Act. Important Information and Where to Find It In connection with the Business Combination and the transactions contemplated thereby (the " Proposed Transactions "), ACAB has filed a Registration Statement on Form S-4, with the SEC (the " Registration Statement "), which includes the Proxy Statement to be distributed to holders of ACAB's common stock in connection with ACAB's solicitation of proxies for the vote by ACAB's stockholders with respect to the Proposed Transactions and other matters as described in the Registration Statement, a prospectus relating to the offer of the securities to be issued to stockholders in connection with the Proposed Transactions. After the Registration Statement has been declared effective, ACAB will mail a definitive proxy statement/prospectus, when available, to its stockholders. Investors and security holders and other interested

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions. that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations, ACAB's ability to enter into definitive agreements or consummate a transaction with the Company; ACAB's ability to obtain the financing necessary consummate the Proposed Transactions; and the expected timing of completion of the Proposed Transactions. These statements are based on various assumptions and on the current expectations of ACAB's and the Company's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of ACAB and the Company. These forward looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the outcome of judicial proceedings to which the Com

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated January 22, 2024 99.2 Form of Investor Presentation 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. ATLANTIC COASTAL ACQUISITION CORP. II By: /s/ Shahraab Ahmad Name: Shahraab Ahmad Title: Chief Executive Officer Dated: January 22, 2024

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