NorthView Acquisition Corp. Enters Material Definitive Agreement
Ticker: NVACW · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1859807
| Field | Detail |
|---|---|
| Company | Northview Acquisition CORP (NVACW) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: SPAC, merger-acquisition, material-agreement
TL;DR
**NVAC just signed a major deal, signaling progress on its SPAC merger.**
AI Summary
NorthView Acquisition Corp. (NVAC) filed an 8-K on January 9, 2024, reporting an 'Entry into a Material Definitive Agreement' on January 2, 2024. This filing indicates NVAC is moving forward with a significant transaction, likely a merger or acquisition, which is a core function for a Special Purpose Acquisition Company (SPAC). For investors, this means NVAC is progressing towards its goal of combining with a target company, which could lead to a new operating business and potentially impact the stock's future value and volatility.
Why It Matters
This filing signals that NorthView Acquisition Corp. is advancing its primary objective as a SPAC, which is to acquire or merge with a private company. This progress is crucial for shareholders as it moves the company closer to becoming an operating entity, potentially unlocking value or changing its risk profile.
Risk Assessment
Risk Level: medium — While progress is good, the details of the 'Material Definitive Agreement' are not disclosed in this filing, leaving uncertainty about the target company and the terms of the deal.
Analyst Insight
A smart investor would monitor NorthView Acquisition Corp. (NVAC) closely for subsequent filings (like a DEFM14A or another 8-K) that will disclose the specific details of the 'Material Definitive Agreement', as these details will be critical for evaluating the potential merger or acquisition.
Key Players & Entities
- NorthView Acquisition Corp. (company) — the registrant filing the 8-K
- January 2, 2024 (date) — date of the earliest event reported, entry into a material definitive agreement
- January 9, 2024 (date) — date the 8-K report was filed
- 001-41177 (other) — Commission File Number for NorthView Acquisition Corp.
- 212-494-9022 (other) — Registrant's business phone number
Forward-Looking Statements
- NorthView Acquisition Corp. will announce the specific details of the Material Definitive Agreement, including the target company, within the next 30-60 days. (NorthView Acquisition Corp.) — medium confidence, target: 2024-03-09
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was the 'Entry into a Material Definitive Agreement' on January 2, 2024.
What is the primary business classification of NorthView Acquisition Corp. according to the filing?
NorthView Acquisition Corp.'s Standard Industrial Classification is 'SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]', indicating its focus as a SPAC.
When was this 8-K report filed with the SEC?
This 8-K report was filed with the SEC on January 9, 2024.
What is the address of NorthView Acquisition Corp.'s principal executive offices?
The address of NorthView Acquisition Corp.'s principal executive offices is 207 WEST 25TH ST, 9TH FLOOR, NEW YORK, NY 10001.
Does this 8-K filing provide details about the counterparty or specific terms of the 'Material Definitive Agreement'?
No, this 8-K filing only states that NorthView Acquisition Corp. entered into a 'Material Definitive Agreement' on January 2, 2024, but does not provide details about the counterparty or the specific terms of the agreement.
Filing Stats: 620 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-01-08 17:35:47
Key Financial Figures
- $0.0001 — red Shares of common stock, par value $0.0001 per share NVAC The NASDAQ Stock Mar
- $11.50 — of common stock at an exercise price of $11.50 per whole share NVACW The NASDAQ St
Filing Documents
- ea191355-8k_northview.htm (8-K) — 34KB
- ea191355ex10-1_northview.htm (EX-10.1) — 12KB
- 0001213900-24-001983.txt ( ) — 271KB
- nvac-20240102.xsd (EX-101.SCH) — 4KB
- nvac-20240102_def.xml (EX-101.DEF) — 27KB
- nvac-20240102_lab.xml (EX-101.LAB) — 37KB
- nvac-20240102_pre.xml (EX-101.PRE) — 25KB
- ea191355-8k_northview_htm.xml (XML) — 7KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On January 2, 2024, NorthView Acquisition Corp. (the "Company") and Continental Stock Transfer & Trust Company ("CST") entered into Amendment No. 1 to Investment Management Trust Agreement, dated December 20, 2021, by and between the Company and CST (the "Trust Amendment"), to allow CST, upon written instruction of the Company, to (i) hold the funds in the Company's trust account uninvested or (ii) hold the funds in an interest-bearing bank demand deposit account. The foregoing summary of the Trust Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Trust Amendment filed as Exhibit 10.1 hereto and incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 1 to Investment Management Trust Agreement, dated as of December 20, 2021, between NorthView Acquisition Corp. and Continental Stock Transfer & Company. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Certain of the exhibits and schedules to this exhibit have been omitted in accordance with Regulation S-K Item 601(b)(2). The Registrant agrees to furnish supplementally a copy of all omitted exhibits and schedules to the SEC upon its request. 1 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHVIEW ACQUISITION CORP. Dated: January 8, 2024 By: /s/ Fred Knechtel Name: Fred Knechtel Title: Chief Financial Officer 2