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Ace Global Business Acquisition Ltd. – ‘8-K’ for 4/16/24

On:  Wednesday, 4/17/24, at 8:30am ET   ·   For:  4/16/24   ·   Accession #:  1213900-24-33597   ·   File #:  1-40309

Previous ‘8-K’:  ‘8-K’ on 4/8/24 for 4/2/24   ·   Latest ‘8-K’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/17/24  Ace Global Business Acq Ltd.      8-K:1,2,8,9 4/16/24   13:288K                                   EdgarAgents LLC/FA

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     34K 
 2: EX-10.1     Promissory Note Issued to the Sponsor               HTML     30K 
 3: EX-99.1     Press Release, Dated April 17, 2024                 HTML      9K 
 8: R1          Cover                                               HTML     51K 
10: XML         IDEA XML File -- Filing Summary                      XML     13K 
13: XML         XBRL Instance -- ea0204055-8k_aceglobal_htm          XML     23K 
 9: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 5: EX-101.DEF  XBRL Definitions -- acba-20240416_def                XML     75K 
 6: EX-101.LAB  XBRL Labels -- acba-20240416_lab                     XML    104K 
 7: EX-101.PRE  XBRL Presentations -- acba-20240416_pre              XML     72K 
 4: EX-101.SCH  XBRL Schema -- acba-20240416                         XSD     15K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               27±    37K 
12: ZIP         XBRL Zipped Folder -- 0001213900-24-033597-xbrl      Zip     31K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM  i 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):  i April 16, 2024

 

 i ACE GLOBAL BUSINESS ACQUISITION LIMITED

(Exact name of registrant as specified in its charter)

  

 i British Virgin Islands    i 001-40309   n/a
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

  

 i Rm. 806, 8/F, Tower 2, Lippo Centre, No. 89 Queensway,

 i Admiralty,  i Hong Kong

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: +( i 852)  i 2151 5198 / 2151 5598

 

Former name or former address, if changed since last report: N/A

 

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:

 

 i  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 i  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 i  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 i  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
 i Units, each consisting of one Ordinary Share, par value $0.001 per share, and one Redeemable Warrant entitling the holder to receive one Ordinary Share    i ACBAU    i NASDAQ Capital Market
 i Ordinary Shares    i ACBA    i NASDAQ Capital Market
 i Warrants    i ACBAW    i NASDAQ Capital Market

 

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  i 

 

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.  i 

 

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

On April 16, 2024, Ace Global Business Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $30,000 (the “Note”) to Ace Global Investment Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from May 9, 2024 to June 8, 2024. The Note does not bear interest and matures upon the closing of a business combination by the Company. In addition, the Note may be converted by the holder into units of the Company identical to the units issued in the Company’s initial public offering at a price of $10.00 per unit.

 

The foregoing description is qualified in its entirety by reference to the Note, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

 

Item 8.01 Other Events

 

The Company issued the press release filed herewith on April 17, 2024. The materials attached as Exhibit 99.1 are incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits

 

The following exhibits are furnished herewith:

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Promissory Note issued to the Sponsor.
99.1   Press Release, dated April 17, 2024.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

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, thereunto duly authorized.

 

Date: April 17, 2024

 

Ace Global Business Acquisition Limited

(Registrant)

 
   
By: /s/ Eugene Wong  
Name:  Eugene Wong  
Title: Chief Executive Officer  

 

 

2

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
6/8/24None on these Dates
5/9/24
Filed on:4/17/24
For Period end:4/16/24
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