SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 23, 2020 (December 17, 2020)
AMERICAS TECHNOLOGY ACQUISITION CORP.
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction|
16500 Dallas Pkwy #305
Dallas, TX 75248
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (303) 885-8688
(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|
|Name of each exchange on|
|Units, each consisting of one Ordinary Share and one-half of one Redeemable Warrant||ATA.U||The New York Stock Exchange|
|Ordinary Shares, par value $0.0001 per share||ATA||The New York Stock Exchange|
|Warrants, each whole warrant exercisable for one Ordinary Share for $11.50 per share||ATA 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 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. ¨
|Item 8.01.||Other Events.|
On December 17, 2020, Americas Technology Acquisition Corp. (the “Company”) consummated its initial public offering (“IPO”) of 11,500,000 units (the “Units”), including 1,500,000 Units (the “Over-Allotment Units”) issued upon the exercise of the underwriters’ over-allotment option in full. Each Unit consists of one ordinary share of the Company, par value $0.0001 per share (the “Ordinary Shares”) and one-half of one redeemable warrant of the Company (“Warrant”), with each whole Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $115,000,000.
On December 17, 2020, simultaneously with the consummation of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 5,450,000 warrants (the “Private Placement Warrants”), 4,905,000 of which were issued to ATAC Limited Partnership (the “Sponsor”) and 545,000 of which were issued to EarlyBirdCapital, Inc. (“EBC”) generating aggregate gross proceeds to the Company of $5,450,000.
A total of $116,500,000, comprised of the net proceeds from the IPO, sale of the Over-Allotment Units and the proceeds of the sale of the Private Placement Warrants were 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 on December 17, 2020.
An audited balance sheet as of December 17, 2020 reflecting receipt of the proceeds upon consummation of the IPO, the Over-allotment Units 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.
|Item 9.01.||Financial Statements and Exhibits.|
|99.1||Audited Balance Sheet as of December 17, 2020|
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.
|AMERICAS TECHNOLOGY ACQUISTION CORP.|
|By:||/s/ Jorge Marcos|
|Name: Jorge Marcos|
|Title: Chief Executive Officer|
|Dated: December 23, 2020|