Vine Hill Capital Investment Corp. Files 8-K
Ticker: VCICW · Form: 8-K · Filed: Sep 18, 2024 · CIK: 2025396
| Field | Detail |
|---|---|
| Company | Vine Hill Capital Investment Corp. (VCICW) |
| Form Type | 8-K |
| Filed Date | Sep 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $10.00, $1.00, $20,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-action, financial-reporting, warrants
TL;DR
Vine Hill Capital Investment Corp. filed an 8-K on 9/18 for events on 9/12, detailing units with warrants at $11.50.
AI Summary
Vine Hill Capital Investment Corp. filed an 8-K on September 18, 2024, reporting an event on September 12, 2024. The filing pertains to "Other Events" and "Financial Statements and Exhibits." The company is incorporated in the Cayman Islands and its fiscal year ends on December 31st. The filing also details units consisting of ordinary shares and redeemable warrants, with warrants exercisable for one ordinary share at an exercise price of $11.50.
Why It Matters
This 8-K filing provides an update on the company's corporate actions and financial reporting, which is crucial for investors to understand the current status and structure of their holdings.
Risk Assessment
Risk Level: low — This filing is a routine 8-K for corporate events and financial statements, not indicating immediate significant financial distress or major strategic shifts.
Key Numbers
- 001-42267 — SEC File Number (Identifier for the filing)
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year)
Key Players & Entities
- Vine Hill Capital Investment Corp. (company) — Registrant
- September 12, 2024 (date) — Earliest event reported
- September 18, 2024 (date) — Filing date
- Cayman Islands (location) — Jurisdiction of incorporation
- $11.50 (dollar_amount) — Warrant exercise price
FAQ
What specific 'Other Events' are being reported by Vine Hill Capital Investment Corp. in this 8-K?
The filing indicates 'Other Events' as an item, but the specific details of these events are not elaborated in the provided text excerpt.
What is the structure of the units offered by Vine Hill Capital Investment Corp.?
The units consist of one Class Ordinary Share with a par value of $0.0001 and one-half of one Redeemable Warrant.
What is the exercise price for the redeemable warrants?
Each whole warrant is exercisable for one Class Ordinary Share at an exercise price of $11.50.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 12, 2024.
What is the SIC code for Vine Hill Capital Investment Corp. and what does it represent?
The SIC code is 6770, which corresponds to 'Blank Checks', indicating a shell company or a company formed for the purpose of acquisition.
Filing Stats: 640 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-09-18 16:15:33
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 VCICW Nasdaq Global Market Indic
- $10.00 — the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement o
- $1.00 — ill Capital Sponsor I LLC at a price of $1.00 per warrant. On September 12, 2024, S
- $20,000,000 — m the IPO, generating gross proceeds of $20,000,000. A total of $20,100,000 was deposited
- $20,100,000 — ss proceeds of $20,000,000. A total of $20,100,000 was deposited in a trust account with C
- $221,100,000 — e proceeds held in the trust account to $221,100,000. The Underwriter has forfeited its rema
Filing Documents
- ea0214882-8k_vinehill.htm (8-K) — 40KB
- ea021488201ex99-1_vinehill.htm (EX-99.1) — 41KB
- 0001213900-24-079882.txt ( ) — 311KB
- vcicu-20240912.xsd (EX-101.SCH) — 4KB
- vcicu-20240912_def.xml (EX-101.DEF) — 27KB
- vcicu-20240912_lab.xml (EX-101.LAB) — 37KB
- vcicu-20240912_pre.xml (EX-101.PRE) — 25KB
- ea0214882-8k_vinehill_htm.xml (XML) — 8KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 12, 2024 VINE HILL CAPITAL INVESTMENT CORP. (Exact name of registrant as specified in its charter) Cayman Islands 001-42267 98-1794687 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number) 500 E Broward Blvd , Suite 1710 Fort Lauderdale , FL 33394 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 954 ) 848-2859 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant VCICU Nasdaq Global Market Class A ordinary shares included as part of the units VCIC Nasdaq Global Market Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 VCICW Nasdaq Global Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 8.01 Other Events. As previously reported, on September 9, 2024, Vine Hill Capital Investment Corp. (the " Company ") completed (i) its initial public offering (the " IPO ") of 20,000,000 units (the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement of 5,500,000 private placement warrants with Vine Hill Capital Sponsor I LLC at a price of $1.00 per warrant. On September 12, 2024, Stifel, Nicolaus & Company, Incorporated (the " Underwriter ") purchased 2,000,000 additional units (the " Additional Units ") at $10.00 per Additional Unit upon the closing of the partial exercise of the Underwriter's option to purchase additional units from the IPO, generating gross proceeds of $20,000,000. A total of $20,100,000 was deposited in a trust account with Continental Stock Transfer & Trust Company established for the benefit of the Company's public shareholders and the Underwriter , bringing the aggregate proceeds held in the trust account to $221,100,000. The Underwriter has forfeited its remaining option to purchase up to 1,000,000 additional units from the IPO. The Company's unaudited pro forma balance sheet as of September 9, 2024, reflecting receipt of the net proceeds from the sale of the Additional Units, is attached hereto as Exhibit 99.1. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Unaudited Pro Forma Balance Sheet 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 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: September 18, 2024 VINE HILL CAPITAL INVESTMENT CORP. By: /s/ Nicholas Petruska Name: Nicholas Petruska Title: Chief Executive Officer 2