Captivision Inc. Signs Share Purchase Agreement
Ticker: CAPTW · Form: 6-K · Filed: Jun 13, 2024 · CIK: 1967478
| Field | Detail |
|---|---|
| Company | Captivision INC. (CAPTW) |
| Form Type | 6-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $30.0 million, $0.0001, $50,000, $20,000, $25,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-purchase-agreement, corporate-event, filing
TL;DR
Captivision Inc. inked a Share Purchase Agreement on June 12, 2024.
AI Summary
On June 12, 2024, Captivision Inc. entered into a Share Purchase Agreement (SPA). The company, formerly known as Phygital Immersive Ltd, is headquartered in Pyeong-taek, Gyounggi, Republic of Korea.
Why It Matters
This agreement signifies a potential change in ownership or significant transaction for Captivision Inc., which could impact its future operations and stock value.
Risk Assessment
Risk Level: medium — Share purchase agreements can indicate significant corporate events like mergers, acquisitions, or changes in control, which carry inherent risks and uncertainties.
Key Players & Entities
- Captivision Inc. (company) — Registrant
- June 12, 2024 (date) — Date of Share Purchase Agreement
- Phygital Immersive Ltd (company) — Former company name
- Pyeong-taek, Gyounggi, Republic of Korea (location) — Company headquarters
FAQ
What is the nature of the Share Purchase Agreement entered into by Captivision Inc.?
The filing states that Captivision Inc. entered into a Share Purchase Agreement (SPA) on June 12, 2024, but does not provide further details on its nature or terms within this excerpt.
When was Captivision Inc. formerly known as Phygital Immersive Ltd?
Captivision Inc. was formerly known as Phygital Immersive Ltd, with a date of name change on March 22, 2023.
What is Captivision Inc.'s principal executive office address?
Captivision Inc.'s principal executive office is located at 298-42 Chung-buk Chungang-ro Chung-buk, Pyeong-taek, Gyounggi, Republic of Korea.
Does Captivision Inc. file annual reports under Form 20-F or 40-F?
Captivision Inc. indicates that it files annual reports under cover of Form 20-F.
What is the SEC file number for Captivision Inc.?
The SEC file number for Captivision Inc. is 001-41869.
Filing Stats: 1,202 words · 5 min read · ~4 pages · Grade level 14.8 · Accepted 2024-06-13 16:01:04
Key Financial Figures
- $30.0 million — t to issue and sell to New Circle up to $30.0 million of its ordinary shares, par value $0.00
- $0.0001 — llion of its ordinary shares, par value $0.0001 per share (the “Ordinary Shares&
- $50,000 — the number of Ordinary Shares equal to $50,000 divided by the volume weighted average
- $20,000 — ny paid New Circle a structuring fee of $20,000 and a legal fee of $25,000. In addition
- $25,000 — uring fee of $20,000 and a legal fee of $25,000. In addition, the Company shall pay a c
- $500,000 — Shares with an aggregate value equal to $500,000 (the “Commitment Shares”)
Filing Documents
- capt_-_form_6-k_eloc.htm (6-K) — 42KB
- capt-ex99_1.htm (EX-99.1) — 454KB
- capt-ex99_2.htm (EX-99.2) — 112KB
- 0000950170-24-072974.txt ( ) — 609KB
SIGNATURES
SIGNATURES 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. CAPTIVISION INC. Date: June 13, 2024 By: /s/ Gary R. Garrabrant Gary R. Garrabrant Chairman and CEO