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): May 2, 2024
ONYX ACQUISITION CO. I
(Exact name of registrant as specified in its charter)
| Cayman Islands | | 001-41003 | | 98-1584432 |
(State or other jurisdiction of
incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
104 5th Avenue
New York, New York 10011
(Address of principal executive offices, including zip code)
(212) 974-2844
(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 (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 |
| Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant | | ONYXU | | The Nasdaq Stock Market LLC |
| Class A ordinary shares included as part of the units | | ONYX | | The Nasdaq Stock Market LLC |
| Warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 | | ONYXW | | 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.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On May 2, 2024, the Board of Directors (the “Board”) of Onyx Acquisition Co. I (the “Company”) received written notice from Benjamin Lerner, President of the Company, of his irrevocable and voluntary resignation as President of the Company (such resignation, the “Officer’s Resignation”) effective as of the date thereof (the “Effective Date”).
On May 2, 2024, and in connection with the Resignation, the Board appointed Matthew Vodola, Chief Financial Officer of the Company, as President and Chief Financial Officer of the Company (such appointment, the “Officer’s Appointment”) effective as of the Effective Date. Information regarding the full biography and background of Mr. Vodola are included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, which was filed with the U.S. Securities and Exchange Commission on March 29, 2024, and such biography and background is incorporated herein by reference.
There are no arrangements or understandings between Mr. Vodola and any other persons pursuant to which Mr. Vodola was appointment as President and Chief Financial Officer of the Company. There are also no family relationships between Mr. Vodola and any director or officer of the Company and he has no direct or indirect material interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
The Board has approved the Officer’s Resignation and the Officer’s Appointment effective as of the Effective Time.
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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.
| Date: May 2, 2024 | ONYX ACQUISITION CO. I |
| | | |
| | By: | /s/ Michael Stern |
| | Name: | Michael Stern |
| | Title: | Director, Chairman and Chief Executive Officer |
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