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 7, 2022
Andretti Acquisition Corp.
(Exact name of registrant as specified in its charter)
Cayman Islands | 001-41218 | 98-1578373 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
7615 Zionsville Road
Indianapolis, Indiana 46268
(Address of principal executive offices, including zip code)
(317) 872-2700
(Registrants 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 filing 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)) |
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 and one-half of one redeemable public warrant | WNNR.U | New York Stock Exchange | ||
Class A ordinary shares, par value $0.0001 per share | WNNR | New York Stock Exchange | ||
Public warrants, each whole public warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share | WNNR WS | New York Stock Exchange |
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 8.01. | Other Events. |
On March 4, 2022, Andretti Acquisition Corp. (the Company) issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Companys units (the Units) may elect to separately trade the Class A ordinary shares, par value $0.0001 per share (the Class A Ordinary Shares), and public warrants (the Public Warrants) comprising the Units commencing on or about March 7, 2022. Each Unit consists of one Class A Ordinary Share and one-half of one redeemable Public Warrant to purchase one Class A Ordinary Share. Any Units not separated will continue to trade on the New York Stock Exchange under the symbol WNNR.U, and the Class A Ordinary Shares and Public Warrants that are separated will trade on the New York Stock Exchange under the symbols WNNR and WNNR WS, respectively. No fractional Public Warrants will be issued upon separation of the Units and only whole Public Warrants will trade. Holders of the Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the Units into the Class A Ordinary Shares and Public Warrants.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
EXHIBIT INDEX
Exhibit |
Description | |
99.1 | Press Release, dated March 4, 2022. |
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ANDRETTI ACQUISITION CORP. | ||||||||
Date: March 7, 2022 | By: | /s/ William M. Brown | ||||||
Name: | William M. Brown | |||||||
Title: | Chief Financial Officer |
3
Exhibit 99.1
Andretti Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Public Warrants, Commencing March 7, 2022
INDIANAPOLIS, March 4, 2022 /Business Wire/ Andretti Acquisition Corp. (the Company) announced that, commencing on March 7, 2022, holders of the units sold in the Companys initial public offering of 23,000,000 units may elect to separately trade the Class A ordinary shares and public warrants included in the units. Class A ordinary shares and public warrants that are separated will trade on the New York Stock Exchange under the symbols WNNR and WNNR WS, respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol WNNR.U. No fractional public warrants will be issued upon separation of the units and only whole public warrants will trade. Holders of the units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Companys transfer agent, in order to separate the units into the Class A ordinary shares and public warrants.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on January 12, 2022. RBC Capital Markets, LLC acted as the sole book-running manager of the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall there be any offer, solicitation or sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Andretti Acquisition Corp.
The Company is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination in any business, industry or geographic location, the Company currently seeks to focus on opportunities that can benefit from the iconic Andretti brand name, both inside and outside of the worldwide motor sports platform, and the expertise and ability of its management team to identify, acquire and grow a business in the broadly-defined automotive industry. This industry includes, but is not limited to, advanced mobility and related next-generation technologies, premium and performance vehicles and replacement automotive parts.
Cautionary Note Concerning Forward-Looking Statements
This press release includes, and oral statements made from time to time by representatives of the Company may include, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as anticipate, believe, continue, could, estimate,
expect, intend, may, might, plan, possible, potential, predict, project, should, would and similar expressions, as they relate to the Company or the Companys management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Companys management, as well as assumptions made by, and information currently available to, the Companys management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Companys filings with the SEC. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on the Companys behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Companys registration statement and final prospectus relating to the Companys initial public offering filed with the SEC. Copies are available on the SECs website at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by applicable law.
Contact:
Investor Contact Eduardo Royes (ICR)
(646) 200-8876
ir@andrettiacquisition.com
Media Relations Jason Chudoba and Matthew Chudoba (ICR)
pr@andrettiacquisition.com