Slam Corp. Files 8-K on Share and Warrant Details

Ticker: SLAMF · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1838162

Sentiment: neutral

Topics: corporate-filing, securities

TL;DR

Slam Corp. 8-K: Warrants exercisable at $11.50, shares and warrants detailed.

AI Summary

Slam Corp. filed an 8-K on December 2, 2024, reporting on its current activities. The filing includes information about its ordinary shares and redeemable warrants, with each warrant exercisable for one ordinary share at an exercise price of $11.50. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.

Why It Matters

This filing provides crucial details about Slam Corp.'s share structure and warrant terms, which are important for investors to understand their potential ownership and dilution.

Risk Assessment

Risk Level: low — This filing is a routine 8-K providing basic corporate information and details on existing securities, not indicating new material risks.

Key Numbers

Key Players & Entities

FAQ

What is the exercise price for Slam Corp.'s redeemable warrants?

The exercise price for Slam Corp.'s redeemable warrants is $11.50.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on December 2, 2024.

What type of securities are detailed in this filing?

The filing details Slam Corp.'s Class Ordinary Shares and Redeemable Warrants.

In which jurisdiction is Slam Corp. incorporated?

Slam Corp. is incorporated in the Cayman Islands.

What is the par value of Slam Corp.'s ordinary shares?

The par value of Slam Corp.'s ordinary shares is $0.0001.

Filing Stats: 2,943 words · 12 min read · ~10 pages · Grade level 20 · Accepted 2024-12-02 16:59:39

Key Financial Figures

Filing Documents

01. Regulation

Item 7.01. Regulation FD Disclosure. On November 25, 2024, Slam Corp. (the " Company " or " Slam ") filed a definitive proxy statement, as supplemented (the " Extension Proxy Statement "), for an extraordinary general meeting of the Company (the " Shareholder Meeting ") to amend the Company's amended and restated memorandum and articles of association (the " Articles ") to (i) extend the date (the " Termination Date ") by which Slam has to consummate a Business Combination (as defined below) (the " Articles Extension ") from December 25, 2024 to January 25, 2025 (the " Articles Extension Date ") and to allow the Company, without another shareholder vote, to elect to extend the Termination Date to consummate a Business Combination on a monthly basis for up to eleven times by an additional one month each time after the Articles Extension Date, by resolution of the board of directors (the " Board "), if requested by Slam Sponsor, LLC, a Cayman Islands limited liability company (the " Sponsor "), and upon five days' advance notice prior to the applicable Termination Date, until December 25, 2025 or a total of up to eleven additional months after the Articles Extension Date, unless the closing of a Business Combination shall have occurred prior thereto (the " Extension Amendment Proposal "), (ii) to permit for the issuance of Class A ordinary shares (the " Class A Ordinary Shares ") to holders of the Company's Class B ordinary shares (the " Class B Ordinary Shares "), upon the exercise of the right of a holder of the Class B Ordinary Shares to convert such holder's Class B Ordinary Shares into Class A Ordinary Shares on a one-for-one basis at any time and from time to time prior to the closing of an initial Business Combination at the election of the holder (the " Founder Share Amendment Proposal "). The Company and Lynk Global Holdings, Inc., a Delaware corporation, (" Topco ") intend to enter into non-redemption agreements (the " Non-Redemption Agreements ") with cer

Forward Looking Statements

Forward Looking Statements Certain

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects,"

Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "potential," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations including as they relate to the Business Combination and related transactions, including the anticipated financing, pricing and market opportunity, the satisfaction of closing conditions to the Business Combination and related transactions, the level of redemptions by Slam's public shareholders and the timing of the completion of the Business Combination, including the anticipated closing date of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified in this Report, and on the current expectations of Slam's, Topco's and Lynk'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. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. The forward-looking statements involve s

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) 3 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. Dated: December 2, 2024 Slam Corp. By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Chairman 4

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