Alpha Partners Tech Merger Corp. Relocates HQ to San Francisco
Ticker: PLMWF · Form: 8-K · Filed: Jan 16, 2024 · CIK: 1845550
| Field | Detail |
|---|---|
| Company | Alpha Partners Technology Merger CORP. (PLMWF) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance, location-change
TL;DR
**APTM moved its HQ to San Francisco, signaling a potential strategic shift.**
AI Summary
Alpha Partners Technology Merger Corp. (APTM) filed an 8-K on January 16, 2024, to update its principal executive offices from the Empire State Building in New York to 2021 Fillmore St. #2089, San Francisco, California 94115. This change in address, while seemingly minor, could signal a strategic shift towards a new operational hub or a more tech-centric environment, which might be relevant for a technology merger corporation. For investors, this matters because a company's physical location can sometimes reflect its strategic focus and access to talent or resources, potentially impacting future merger opportunities or operational efficiency.
Why It Matters
A change in headquarters can sometimes indicate a strategic pivot or a move to a new talent pool, which could influence future business development for this SPAC.
Risk Assessment
Risk Level: low — The filing primarily concerns an administrative change of address, which typically carries minimal direct financial risk.
Analyst Insight
Investors should monitor future filings for any strategic announcements or merger targets that might align with the new San Francisco location, as this administrative change alone doesn't directly impact valuation but could precede strategic shifts.
Key Players & Entities
- Alpha Partners Technology Merger Corp. (company) — registrant
- Empire State Building (location) — former principal executive office
- 20 West 34th Street, Suite 4215, New York, NY 10001 (location) — former principal executive office address
- 2021 Fillmore St. #2089, San Francisco, California 94115 (location) — new principal executive office address
- January 16, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- The move to San Francisco could lead to increased engagement with technology companies for potential mergers. (Alpha Partners Technology Merger Corp.) — medium confidence, target: 2025-01-16
FAQ
What was the previous principal executive office address for Alpha Partners Technology Merger Corp.?
The previous principal executive office address for Alpha Partners Technology Merger Corp. was Empire State Building, 20 West 34th Street, Suite 4215, New York, NY 10001.
What is the new principal executive office address for Alpha Partners Technology Merger Corp.?
The new principal executive office address for Alpha Partners Technology Merger Corp. is 2021 Fillmore St. #2089, San Francisco, California 94115.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on January 16, 2024.
What is the registrant's telephone number?
The registrant's telephone number is (212) 906-4480.
What is the Commission File Number for Alpha Partners Technology Merger Corp.?
The Commission File Number for Alpha Partners Technology Merger Corp. is 001-40677.
Filing Stats: 1,277 words · 5 min read · ~4 pages · Grade level 15.2 · Accepted 2024-01-16 16:53:04
Key Financial Figures
- $0.0001 — ncluded as part of the Units, par value $0.0001 per share APTM The Nasdaq Stock Mar
- $11.50 — ordinary share at an exercise price of $11.50 APTMW The Nasdaq Stock Market LLC
Filing Documents
- ea191667-8k_alphapart.htm (8-K) — 45KB
- ea191667ex10-1_alphapart.htm (EX-10.1) — 142KB
- 0001213900-24-003781.txt ( ) — 453KB
- aptm-20240116.xsd (EX-101.SCH) — 4KB
- aptm-20240116_def.xml (EX-101.DEF) — 28KB
- aptm-20240116_lab.xml (EX-101.LAB) — 38KB
- aptm-20240116_pre.xml (EX-101.PRE) — 27KB
- ea191667-8k_alphapart_htm.xml (XML) — 8KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Form of Non-Redemption Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Forward-Looking Statements
Forward-Looking Statements Certain statements in this Current Report on Form 8-K may be considered forward-looking statements. Forward-looking statements generally relate to future events or the future financial or operating performance of the Company. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such statements may include, but are not limited to, statements regarding the Company's expectations regarding the entry into the Non-Redemption Agreements and the conversion of Class B ordinary shares into Class A ordinary shares by Mercury Capital and Alpha Partners Technology Merger Sponsor LLC . These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company, are inherently uncertain. Nothing in this Current Report on Form 8-K should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking made. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements. 1 Additional Information and Where to Find It The Company mailed a definitive proxy statement (the "Proxy Statement") relating to the Extraordinary General Meeting to the Company's stockholders of record on or about January 10, 2024. Investors and security holders of the Company are advised to read the Prox
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 thereunto duly authorized. ALPHA PARTNERS TECHNOLOGY MERGER CORP. Date: January 16, 2024 By: /s/ Kanishka Roy Name: Kanishka Roy Title: President and Chief Executive Officer 3