8-K 1 f8k030419_tortoiseacq.htm CURRENT REPORT

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

 

 

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 4, 2019

 

TORTOISE ACQUISITION CORP.
(Exact name of registrant as specified in its charter)

 

Delaware

 

001-38823

 

83-2538002

(State of incorporation
or organization)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

452 Fifth Avenue, 14th Floor

New York, NY

  10018
(Address of principal executive offices)   (Zip Code)

 

(913) 981-1020
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

  

☐   Written communication 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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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 8.01Other Events.

  

On March 4, 2019, Tortoise Acquisition Corp. (the “Company”) completed its initial public offering (the “IPO”) of 23,300,917 units (the “Units”), including 800,917 Units that were issued pursuant to the underwriters’ partial exercise of their over-allotment option. Each Unit had an offering price of $10.00 and consists of one share of Class A common stock of the Company, par value $0.0001 per share (the “Class A Common Stock”), and one-half of one redeemable warrant of the Company (each such whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one share of Class A Common Stock at an exercise price of $11.50 per share.

 

On March 4, 2019, simultaneously with the closing of the IPO, the Company completed the private sale (the “Private Placement”) of 6,660,183 warrants (the “Private Placement Warrants”) at a purchase price of $1.00 per Private Placement Warrant to Tortoise Borrower LLC.

 

Of the net proceeds of the IPO and the sale of the Private Placement Warrants, $233,009,170, including $8,128,108.45 of deferred underwriting discounts and commissions, has been deposited into a U.S. based trust account at J.P. Morgan Chase Bank, N.A., with Continental Stock Transfer & Trust Company acting as trustee. An audited balance sheet as of March 4, 2019 of the Company reflecting receipt of the proceeds upon the closing of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.  Description of Exhibits
99.1  Audited Balance Sheet, as of March 4, 2019.

 

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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.

 

  TORTOISE ACQUISITION CORP.
     
Date: March 8, 2019 By: /s/ Vincent T. Cubbage
  Name:  Vincent T. Cubbage
  Title: President and Chief Executive Officer

 

 

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