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
January 13, 2025
Date of Report (Date of earliest event reported)
JVSPAC Acquisition Corp.
(Exact Name of Registrant as Specified in its Charter)
| British Virgin Islands | 001-41922 | N/A | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
G/F Hang Tak Building 1 Electric Street Wan Chai Hong Kong | N/A | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: +852 9258 9728
N/A
(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 |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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 | JVSAU | The Nasdaq Stock Market LLC | ||
| The Stock Market LLC | ||||
| Rights | JVSAR | 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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
As previously disclosed, pursuant to the First Amendment to Agreement and Plan of Merger (the “First Amendment”) dated September 3, 2024 by and among JVSPAC Acquisition Corp. (the “Company”), Hotel101 Global Pte. Ltd. (“Hotel101 Global”) and other parties named therein, Hotel101 Global agreed to deposit into the Company’s working capital account $2 million to extend the existence of the Company for up to one year and to cover certain expenses of the Company. On January 8, 2025, the Company received $2 million from Hotel101 Global as required by the First Amendment.
On January 13, 2025, the Company used funds from the amount received and deposited into the Company’s trust account $575,000 (representing $0.10 per Class A ordinary share) to extend the Combination Period from January 23, 2025 to April 23, 2025.
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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.
| Dated: January 14, 2025 | JVSPAC Acquisition Corp. | |
| By: | /s/ Claudius Tsang | |
| Name: | Claudius Tsang | |
| Title: | Chief Financial Officer | |
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