Swiftmerge Acquisition Corp. Files 8-K for Material Agreement
Ticker: ANNAW · Form: 8-K · Filed: Jun 5, 2024 · CIK: 1845123
Sentiment: neutral
Topics: spac, definitive-agreement, 8-k
Related Tickers: IVCP
TL;DR
Swiftmerge Acquisition Corp. (IVCP) filed an 8-K on June 4th, signaling a major deal is in the works.
AI Summary
Swiftmerge Acquisition Corp. filed an 8-K on June 4, 2024, reporting the entry into a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements. The company's principal executive offices are located at 200 - 100 Park Royal, West Vancouver, A1, V7T1A2.
Why It Matters
This filing indicates a significant development for Swiftmerge Acquisition Corp., potentially related to a merger, acquisition, or other material business transaction.
Risk Assessment
Risk Level: medium — As a SPAC, Swiftmerge Acquisition Corp. is inherently subject to risks associated with finding and completing a business combination within its timeframe.
Key Numbers
- 001-41164 — SEC File Number (Identifies the specific filing for Swiftmerge Acquisition Corp.)
Key Players & Entities
- Swiftmerge Acquisition Corp. (company) — Registrant
- June 4, 2024 (date) — Date of earliest event reported
- 001-41164 (other) — SEC File Number
- 200 - 100 Park Royal, West Vancouver, A1, V7T1A2 (other) — Business Address
FAQ
What is the nature of the material definitive agreement entered into by Swiftmerge Acquisition Corp.?
The filing does not specify the exact nature of the material definitive agreement, only that one has been entered into as of June 4, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on June 4, 2024.
What is Swiftmerge Acquisition Corp.'s SEC File Number?
Swiftmerge Acquisition Corp.'s SEC File Number is 001-41164.
Where are Swiftmerge Acquisition Corp.'s principal executive offices located?
Swiftmerge Acquisition Corp.'s principal executive offices are located at 200 - 100 Park Royal, West Vancouver, A1, V7T1A2.
What type of company is Swiftmerge Acquisition Corp. based on its SIC code?
Swiftmerge Acquisition Corp. is classified under 'BLANK CHECKS' with SIC code 6770, indicating it is a Special Purpose Acquisition Company (SPAC).
Filing Stats: 4,427 words · 18 min read · ~15 pages · Grade level 19.4 · Accepted 2024-06-05 08:46:59
Key Financial Figures
- $0.0001 — nsisting of one Class A Ordinary Share, $0.0001 par value, and one-half of one redeemab
- $11.50 — Ordinary Share at an exercise price of $11.50 IVCPW The Nasdaq Stock Market LLC
- $1,000,000 — y Swiftmerge a termination fee equal to $1,000,000 in cash if Swiftmerge validly terminate
Filing Documents
- d830635d8k.htm (8-K) — 69KB
- d830635dex21.htm (EX-2.1) — 452KB
- d830635dex101.htm (EX-10.1) — 49KB
- d830635dex102.htm (EX-10.2) — 16KB
- d830635dex103.htm (EX-10.3) — 134KB
- d830635dex104.htm (EX-10.4) — 374KB
- d830635dex991.htm (EX-99.1) — 28KB
- 0001193125-24-154754.txt ( ) — 1567KB
- ivcp-20240604.xsd (EX-101.SCH) — 4KB
- ivcp-20240604_def.xml (EX-101.DEF) — 15KB
- ivcp-20240604_lab.xml (EX-101.LAB) — 25KB
- ivcp-20240604_pre.xml (EX-101.PRE) — 16KB
- d830635d8k_htm.xml (XML) — 8KB
Forward Looking Statements
Forward Looking Statements The information included herein contains "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of present or historical fact included herein, regarding the proposed Business Combination, Swiftmerge's and the Company's ability to consummate the Business Combination, the benefits of the Business Combination, Swiftmerge's and the Company's future financial performance following the Business Combination, as well as Swiftmerge's and the Company's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used herein, including any statements made in connection herewith, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements. However, not all forward-looking statements contain such identifying words. These forward-looking statements are based on Swiftmerge and the Company management's current expectations and assumptions about future events. They are based on current information about the outcome and timing of future events. Except as otherwise required by applicable law, Swiftmerge and the Company disclaim any duty to update any forward-looking statements, all expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Swiftmerge and the Company caution you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Swiftmerge and the Company. These risks include, but are not limited to, general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the inability of the parties to successfully or
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 2.1* Agreement and Plan of Merger, dated June 4, 2024, by and among Swiftmerge, HoldCo, Merger Sub and the Company. 10.1* Amended and Restated Letter Agreement, dated June 4, 2024, by and among Swiftmerge, Sponsor, the Company and the other parties thereto. 10.2 Form of Investor Letter Agreement. 10.3 Form of Tax Receivable Agreement. 10.4 Form of Amended and Restated LLC Agreement of HoldCo. 99.1 Press Release, dated June 5, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Certain exhibits and schedules to this Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). Swiftmerge agrees to furnish supplementally a copy of any omitted exhibit or schedule to the SEC upon its request. 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. Swiftmerge Acquisition Corp. By: /s/ John S. Bremner Name: John S. Bremner Title: Chief Executive Officer Dated: June 5, 2024