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): October 20, 2020
VECTOR ACQUISITION CORPORATION
(Exact name of registrant as specified in its charter)
| Cayman Islands | 001-39560 | 98-1550340 |
(State or other jurisdiction of incorporation
or organization) | (Commission
File Number) | (I.R.S. Employer Identification No.) |
| One Market Street | | |
| Steuart Tower, 23rd Floor | | |
| San Francisco, CA | | 94105 |
| (Address of principal executive offices) | | (Zip Code) |
(415)-293-5000
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 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, $0.0001 par value, and one-third of one redeemable warrant | VACQU | The NASDAQ Stock Market LLC |
| Class A Ordinary Shares included as part of the units | VACQ | The NASDAQ Stock Market LLC |
| 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 | VACQW | The NASDAQ Stock Market LLC |
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 x
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. ¨
As previously reported, on September 29, 2020, Vector Acquisition Corporation, a Cayman Islands exempted company (the “Company”), consummated its initial public offering (the “IPO”) of 30,000,000 units (the “Units”).
On October 20, 2020, the Company announced the closing (the "Over-Allotment Closing") of its sale of an additional 2,000,000 Units pursuant to the partial exercise by the underwriters of their over-allotment option (the “Over-Allotment Option”). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $20,000,000. Simultaneously with the partial exercise of the Over-Allotment Option, the Company sold an additional 266,667 private placement warrants to its sponsor, Vector Acquisition Partners, L.P., generating gross proceeds to the Company of $400,000.50. Following the closing of the Over-Allotment Option, an aggregate amount of $320,000,000 has been placed in the Company’s trust account established in connection with the IPO.
An audited balance sheet as of September 29, 2020 reflecting receipt of the proceeds upon consummation of the IPO has been issued by the Company and previously filed as Exhibit 99.1 to a Current Report on Form 8-K on October 5, 2020. The Company's unaudited pro forma balance sheet as of September 29, 2020, adjusted for the Over-Allotment Closing on October 20, 2020 is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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.
| Date: October 26, 2020 | VECTOR ACQUISITION CORPORATION |
| | By: | /s/ David Baylor |
| | Name: | David Baylor |
| | Title: | Chief Financial Officer |
