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EX-99.1 - PRESS RELEASE DATED APRIL 30, 2021. - Pine Technology Acquisition Corp.ea140103ex99-1_pinetech.htm

 

 

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): May 3, 2021 (April 30, 2021)

 

PINE TECHNOLOGY ACQUISITION CORP.
(Exact name of registrant as specified in its charter)

 

Delaware   001-40179   86-1328728
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (I.R.S. Employer Identification No.)

 

260 Lena Drive
Aurora, Ohio
  44202
(Address of principal executive offices)   (Zip Code)

 

(212) 402-8216
(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 is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ¨  Written communication 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-commencements 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, $0.0001 par value,
and one-third of one warrant
  PTOCU   The Nasdaq Stock Market LLC
         
Shares of Class A common stock   PTOC   The Nasdaq Stock Market LLC
         
Warrants included as part of the units   PTOCW   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).

 

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 April 30, 2021, Pine Technology Acquisition Corp. (the “Company”) issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Company’s units may elect to separately trade the shares of Class A common stock and warrants comprising the Units commencing on May 3, 2021. Those Units not separated will continue to trade on the Nasdaq Capital Market under the symbol “PTOCU,” and each of the Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “PTOC” and “PTOCW,” respectively.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)       Exhibits. The following exhibits are filed with this Form 8-K:

 

Exhibit No. Description of Exhibits
   
99.1 Press Release dated April 30, 2021.

 

 

 

 

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.

 

  Pine Technology Acquisition Corp.
   
Date: May 3, 2021 By: /s/ Ciro M. DeFalco
  Name:  Ciro M. DeFalco
  Title: Chief Financial Officer