Atlantic Coastal Acquisition Corp. II Files 8-K
Ticker: ABPWW · Form: 8-K · Filed: May 31, 2024 · CIK: 1893219
| Field | Detail |
|---|---|
| Company | Atlantic Coastal Acquisition CORP. II (ABPWW) |
| Form Type | 8-K |
| Filed Date | May 31, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.0001, $11.50, $600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-k, material-definitive-agreement, spac
TL;DR
ACII filed an 8-K on 5/30 detailing its stock structure and warrants.
AI Summary
Atlantic Coastal Acquisition Corp. II (ACII) entered into a Material Definitive Agreement on May 30, 2024. The filing details the company's structure, including units consisting of Series A common stock and redeemable warrants. ACII is incorporated in Delaware and operates in the Biological Products sector.
Why It Matters
This 8-K filing provides an update on Atlantic Coastal Acquisition Corp. II's corporate structure and material agreements, which is important for investors to understand the company's current status and potential future activities.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting a material definitive agreement and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 001-41224 — SEC File Number (Identifies the company's filing history with the SEC.)
- 87-1013956 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Atlantic Coastal Acquisition Corp. II (company) — Registrant
- May 30, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Series A common stock (security) — Component of units
- redeemable warrants (security) — Component of units
FAQ
What type of agreement was entered into by Atlantic Coastal Acquisition Corp. II on May 30, 2024?
Atlantic Coastal Acquisition Corp. II entered into a Material Definitive Agreement, as reported in the 8-K filing.
What are the components of the units offered by Atlantic Coastal Acquisition Corp. II?
The units consist of one share of Series A common stock and one-half of one redeemable warrant.
In which state is Atlantic Coastal Acquisition Corp. II incorporated?
Atlantic Coastal Acquisition Corp. II is incorporated in Delaware.
What is the SIC code and industry classification for Atlantic Coastal Acquisition Corp. II?
The SIC code is 2836, and the industry classification is Biological Products (No Diagnostic Substances).
What is the business address of Atlantic Coastal Acquisition Corp. II?
The business address is 6 St Johns Lane, Floor 5, New York, NY 10013.
Filing Stats: 1,939 words · 8 min read · ~6 pages · Grade level 16.7 · Accepted 2024-05-31 16:53:59
Key Financial Figures
- $0.0001 — of one share of Series A common stock, $0.0001 par value, and one-half of one redeemab
- $11.50 — A common stock at an exercise price of $11.50 ACABW The Nasdaq Stock Market LLC
- $600,000 — agreed to advance to the Company up to $600,000 in the aggregate, including previous am
Filing Documents
- d815701d8k.htm (8-K) — 39KB
- d815701dex101.htm (EX-10.1) — 35KB
- 0001193125-24-151928.txt ( ) — 249KB
- acab-20240530.xsd (EX-101.SCH) — 3KB
- acab-20240530_def.xml (EX-101.DEF) — 14KB
- acab-20240530_lab.xml (EX-101.LAB) — 23KB
- acab-20240530_pre.xml (EX-101.PRE) — 15KB
- d815701d8k_htm.xml (XML) — 7KB
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 10.1 Expense Advancement Agreement, effective as of May 30, 2024, by and among Atlantic Coastal Acquisition Corp. II, and Atlantic Coastal Acquisition Management II LLC. 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: May 31, 2024