ATAQ Altimar Acquisition Corp III
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): March 12, 2021 (March 8, 2021)
Altimar Acquisition Corp. III
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction|
40 West 57th Street
New York, New York 10019
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
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)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Name of each exchange
on which registered
|Units, each consisting of one|
Class A ordinary share,
$0.0001 par value, and one-fourth of one redeemable warrant
|ATAQ.U||New York Stock Exchange|
|Class A ordinary share, $0.0001 par value||ATAQ||New York Stock Exchange|
|Warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share||ATAQ WS||New York Stock Exchange|
Emerging growth company ☒
Item 8.01 Other Events.
On March 8, 2021, Altimar Acquisition Corp. III (the “Company”) consummated its initial public offering (the “IPO”) of 15,525,000 units (the “Units”), including the issuance of 2,025,000 Units as a result of the underwriters’ exercise of their over-allotment option in full. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Share”), and one-fourth of one redeemable warrant of the Company (each whole warrant, a “Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $155,250,000.
On March 8, 2021, simultaneously with the consummation of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 6,105,000 warrants (the “Private Placement Warrants”) to Altimar Sponsor III, LLC at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $6,105,000.
The net proceeds from the IPO, together with certain of the proceeds from the Private Placement, $155,250,000 in the aggregate (the “Offering Proceeds”), which amount includes $5,433,750 of the underwriters’ deferred discount, were placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee.
An audited balance sheet as of March 8, 2021 reflecting receipt of the proceeds upon the consummation of the IPO 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 March 8, 2021.|
|ALTIMAR ACQUISITION CORP. III|
|Date: March 12, 2021||By:|
/s/ Wendy Lai
|Title:||Chief Financial Officer|