UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
August 11, 2021 (August 5, 2021)
ALPHA PARTNERS TECHNOLOGY MERGER CORP.
(Exact Name of Registrant as Specified in its Charter)
| Cayman Islands | | 001-40677 | | 98-1581691 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (I.R.S. Employer
Identification No.) |
Empire State Building 20 West 34th Street, Suite 4215 New York, NY | | 10001 |
| (Address of Principal Executive Offices) | | (Zip Code) |
| Registrant’s telephone number, including area code: (212) 906-4480 |
| 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 (see General Instruction A.2. below): |
| |
| ☐ 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 |
| Class A ordinary shares included as part of the Units, par value $0.0001 per share | | APTM | | The Nasdaq Stock Market LLC |
| Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 | | APTMW | | The Nasdaq Stock Market LLC |
| Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant to acquire one Class A ordinary share | | APTMU | | 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 (§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. ☐
As previously disclosed on a Current Report on Form 8-K dated July 30, 2021, Alpha Partners Technology Merger Corp. (the “Company”) consummated its initial public offering (“IPO”) of 25,000,000 units (the “Units”) on July 30, 2021. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-third of one redeemable warrant of the Company (“Warrant”), each whole Warrant entitling the holder thereof to purchase one 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.
Simultaneously with the consummation of the IPO and the issuance and sale of the Units, the Company completed the private sale of an aggregate of 800,000 units (the “Private Placement Units”) at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $8,000,000 (the “Private Placement”). The Private Placement Units are identical to the Units sold as part of the Units in the IPO, except as otherwise disclosed in the Company’s Registration Statement on Form S-1 (File No. 333-253221), initially filed with the U.S. Securities and Exchange Commission on February 17, 2021, as amended. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
In connection with the IPO, the underwriters were granted a 45-day option from the date of the prospectus (the “Over-Allotment Option”) to purchase up to 3,750,000 additional Units to cover over-allotments (the “Over-Allotment Units”), if any. On August 5, 2021, the underwriters purchased 3,250,000 Over-Allotment Units pursuant to the partial exercise of the Over-Allotment Option at an offering price of $10.00 per Over-Allotment Unit for an aggregate purchase price of $32,500,000. The underwriters have the right to exercise the remaining portion of the over-allotment option during the aforementioned 45-day period.
Also, in connection with the partial exercise of the Over-Allotment Option, the Company’s sponsor, Alpha Partners Technology Merger Sponsor LLC, purchased an aggregate of 65,000 additional Private Placement Units at a purchase price of $10.00 per Private Placement Unit.
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.
Date: August 11, 2021
| ALPHA PARTNERS TECHNOLOGY MERGER CORP. |
| |
| |
| By: | /s/ Matt Krna |
| | Matt Krna |
| | Chief Executive Officer |
