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): March 12, 2021
Liberty Media Acquisition Corporation
(Exact name of registrant as specified in its charter)
Delaware | 001-39920 | 85-3809075 |
(State or other jurisdiction of incorporation ) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| | |
12300 Liberty Boulevard Englewood, CO | | 80112 |
(Address of principal executive offices) | | (Zip Code) |
(720) 875-5800
(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:
¨ 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 Securities Exchange Act of 1934:
Title of each class | | Trading Symbol(s) | | | Name of each exchange on which registered |
Units, each consisting of one share of Series A common stock and one-fifth of one redeemable warrant | | LMACU | | | The Nasdaq Stock Market LLC |
| | | | | |
Series A common stock, par value $0.0001 per share | | LMACA | | | The Nasdaq Stock Market LLC |
| | | | | |
Redeemable warrants, each whole warrant exercisable for one share of Series A common stock at an exercise price of $11.50 | | LMACW | | | 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).
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.
On March 12, 2021, Liberty Media Acquisition Corporation (the “Company”) announced that the holders of the Company’s units sold in the Company’s initial public offering (the “Units”) may elect to separately trade the shares of Series A common stock, par value $0.0001 per share (“Series A Common Stock”), and redeemable warrants included in the Units commencing on March 15, 2021. Each Unit consists of one share of Series A Common Stock and one-fifth of one redeemable warrant to purchase one share of Series A Common Stock. Any Units not separated will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the symbol “LMACU.” Any underlying shares of Series A Common Stock and redeemable warrants that are separated will trade on Nasdaq under the symbols “LMACA” and “LMACW,” respectively. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate such holders’ Units into shares of Series A Common Stock and redeemable warrants.
A copy of the press release issued by the Company announcing the separate trading of the securities underlying the Units is attached hereto as Exhibit 99.1.
This report includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the trading on Nasdaq of the shares and warrants underlying the units. These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, general market conditions. These forward-looking statements speak only as of the date of this report, and the Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the expectations of the Company with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the prospectus related to the Company's initial public offering.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit
SIGNATURE
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.
| Liberty Media Acquisition Corporation |
Date: March 12, 2021 | By: | /s/ Wade D. Haufschild |
| Name: | Wade D. Haufschild |
| Title: | Senior Vice President |