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): December 5, 2019 (November 29, 2019)
ALUSSA ENERGY ACQUISITION CORP.
(Exact name of registrant as specified in its charter)
Cayman Islands | 001-39145 | N/A | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
PO Box 500, 71 Fort Street
Grand Cayman KY1-1106
Cayman Islands
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: +1345 949 4900
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 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 and one-half of one Redeemable Warrant | ALUS.U | The New York Stock Exchange | ||
Class A Ordinary Shares, par value $0.0001 per share | ALUS | The New York Stock Exchange | ||
Warrants, each whole warrant exercisable for one Class A Ordinary Share for $11.50 per share | ALUS.WS | The 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 þ
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 November 29, 2019, Alussa Energy Acquisition Corp. (the “Company”) consummated its initial public offering (the “IPO”) of 25,000,000 units (the “Units”). Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (“Class A Ordinary Shares”), and one-half of one redeemable warrant of the Company (the “Warrants”), with each whole Warrant entitling the holder thereof to purchase one share of Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $250,000,000. The Company has granted the underwriters in the IPO (the “Underwriters”) a 45-day option to purchase up to 3,750,000 additional Units.
Simultaneously with the closing of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 8,000,000 warrants (the “Private Placement Warrants”) to Alussa Energy Sponsor LLC (the “Sponsor”) at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8,000,000.
A total of $250,000,000, comprised of $245,000,000 of the proceeds from the IPO (which amount includes $8,750,000 of the underwriters’ deferred discount) and $5,000,000 of the proceeds of the sale of the Private Placement Warrants, was placed in a U.S.-based trust account at J.P. Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust Company, acting as trustee.
An audited balance sheet as of November 29, 2019 reflecting receipt of the proceeds upon consummation 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.
On December 5, 2019, the Company consummated the sale of an additional 3,750,000 Units that were subject to the underwriters’ over-allotment option at $10.00 per Unit, generating gross proceeds of $37,500,000. Simultaneously with the closing of the sale of additional Units, the Company consummated the sale of an additional 750,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant, generating total proceeds of $750,000. Following the closing of the over-allotment option and sale of additional Private Placement Warrants, an aggregate amount of $287,500,000 has been placed in the Company’s trust account established in connection with the IPO.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
99.1 | Audited Balance Sheet as of November 29, 2019. | |
99.2 | Press Release, dated December 5, 2019. |
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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.
ALUSSA ENERGY ACQUISITION CORP. | |||
By: | /s/ Daniel Barcelo | ||
Name: | Daniel Barcelo | ||
Title: | Chief Executive Officer and President | ||
Dated: December 5, 2019 |
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