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): December 16, 2024
PHP Ventures Acquisition Corp.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
| 001-40696 | | 86-3368971 |
(Commission File Number) | | (IRS Employer Identification No.) |
10 East 53rd St., Suite 3001
New York, NY, 10022
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code +1 (917) 764-4996
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 (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)) |
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| | ☐ | 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 share of Class A Common Stock, one-half of one redeemable warrant, and one right to acquire one-tenth of one share of Class A common stock | | PPHPU | | The Nasdaq Stock Market LLC |
| Class A Common Stock, $0.0001 par value per share | | PPHP | | The Nasdaq Stock Market LLC |
| Rights, exchangeable into one-tenth of one share of Class A common stock | | PPHPR | | The Nasdaq Stock Market LLC |
| Redeemable Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share | | PPHPW | | The Nasdaq Stock Market LLC |
*Registrant was suspended from trading on Nasdaq on April 19, 2024 and a Form 25 was filed on June 28, 2024.
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 8.01. Other Events.
On December 19, 2024, PHP Ventures Acquisition Corp., a Delaware corporation (the “Company”), issued a press release announcing that it caused to be deposited $4,770.70 into the Company’s trust account for its public stockholders (the “Trust Account”) on December 16, 2024, allowing the Company to extend the date by which the Company may consummate an initial business combination by one month (the “Extension”) from December 16, 2024 to January 16, 2025. This Extension is permitted under the Company’s governing documents.
A copy of the press release is attached as Exhibit 99.1, which is incorporated herein by reference.
Item 9.01. Exhibits.
| Exhibit Number | | Description of Exhibit |
| | | |
| 99.1 | | Press Release for Extension Payment. |
| 104 | | Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit) |
SIGNATURES
Under the requirements of the Securities Exchange Act of 1934, the Company has caused this report to be signed by the duly authorized undersigned.
| | PHP VENTURES ACQUISITION CORP. |
| | | |
| Date: December 19, 2024 | By: | /s/ Marcus Choo Yeow Ngoh |
| | Name: | Marcus Choo Yeow Ngoh |
| | Title: | Chief Executive Officer and Director |
