Form 8-K - Current report
04 Junio 2024 - 6:00AM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): June 4, 2024
SEP
ACQUISITION CORP.
(Exact
Name of Registrant as Specified in its Charter)
Delaware |
|
001-40679 |
|
86-2365445 |
(State
or Other Jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
3737
Buffalo Speedway, Suite 1750 Houston, Texas 77098
(Address
of Principal Executive Offices) (Zip Code)
(713)
715-6820
(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 (see General Instruction A.2. below):
☒ |
|
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 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 and one-half of one warrant |
|
SEPAU |
|
The Nasdaq Stock Market
LLC |
Class A common stock, par
value $0.0001 per share |
|
SEPA |
|
The Nasdaq Stock Market
LLC |
Warrants, each whole warrant
exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
|
SEPAW |
|
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.
Based
on discussions with The Nasdaq Stock Market LLC (“Nasdaq”), SEP Acquisition Corp., a Delaware corporation (the “Company”),
and SANUWAVE Health, Inc., a Nevada corporation (“SANUWAVE”), determined that the combined company was unlikely to be able
to meet Nasdaq listing requirements and withdrew its listing application in order to submit an application to the Cboe BZX Exchange,
Inc. This application is currently under review.
Important
Notice Regarding Forward-Looking Statements
This
Current Report on Form 8-K includes forward-looking statements regarding, among other things, the plans, strategies and prospects, both
business and financial, of the Company. These statements are based on the beliefs and assumptions of the management of the Company. Although
the Company believes that their plans, intentions and expectations reflected in or suggested by these forward-looking statements are
reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements
are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements
concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements.
These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,”
“projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,”
“scheduled,” “anticipates,” “intends” or similar expressions. The forward-looking statements are
based on projections prepared by, and are the responsibility of, the Company’s management. These forward-looking statements are
not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions
and other important factors, many of which are outside the control of the Company, that could cause actual results or outcomes to differ
materially from those discussed in the forward-looking statements. New risk factors that may affect actual results or outcomes emerge
from time to time and it is not possible to predict all such risk factors, nor for the Company to assess the impact of all such risk
factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from
those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue
reliance on these statements, which speak only as of the date hereof. All forward-looking statements attributable to the Company or persons
acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. Neither the Company nor SANUWAVE
undertakes or accepts any obligation to update or revise publicly any forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Important
Information for Investors and Stockholders
This
document relates to a proposed transaction between the Company and SANUWAVE. This document does not constitute an offer to sell or
exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction. The Company has filed a registration statement on Form S-4 with the U.S. Securities and Exchange
Commission (the “SEC”), which includes a document that serves as a prospectus and proxy statement of the Company,
referred to as a proxy statement/prospectus. A proxy statement/prospectus has been sent to all of the Company’s stockholders.
The Company has also filed other documents regarding the proposed transaction with the SEC. Before making any voting decision,
investors and security holders of the Company are urged to read the registration statement, the proxy statement/prospectus and all
other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become
available because they contain important information about the proposed transaction.
Stockholders
can obtain a copy of the Form S-4, including the proxy statement/prospectus, and other documents filed with the SEC without charge, by
directing a request to: SEP Acquisition Corp., at 3737 Buffalo Speedway, Suite 1750 Houston, Texas 77098. Investors and stockholders
will also be able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents
filed or that will be filed with the SEC by the Company through the website maintained by the SEC at www.sec.gov. INVESTORS AND SECURITY
HOLDERS OF SEP ACQUISITION CORP. ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT
DOCUMENTS IN CONNECTION WITH THE TRANSACTIONS THAT SEP ACQUISITION CORP. WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION ABOUT SEP ACQUISITION CORP. AND THE TRANSACTIONS.
No
Offer or Solicitation
This
Current Report on Form 8-K is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities
or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the
securities of the Company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation,
or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering
of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as
amended, or an exemption therefrom.
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.
|
SEP Acquisition Corp. |
|
|
|
Date: June 4, 2024 |
By: |
/s/ R. Andrew
White |
|
Name: R. Andrew White |
|
Title: President and Chief Executive Officer |
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Jun. 04, 2024 |
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Document Period End Date |
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|
Entity File Number |
001-40679
|
Entity Registrant Name |
SEP
ACQUISITION CORP.
|
Entity Central Index Key |
0001849902
|
Entity Tax Identification Number |
86-2365445
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
3737
Buffalo Speedway
|
Entity Address, City or Town |
Houston
|
Entity Address, State or Province |
TX
|
Entity Address, Postal Zip Code |
77098
|
City Area Code |
(713)
|
Local Phone Number |
715-6820
|
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Units, each consisting of one share of Class A common stock and one-half of one warrant |
|
Title of 12(b) Security |
Units, each consisting of
one share of Class A common stock and one-half of one warrant
|
Trading Symbol |
SEPAU
|
Security Exchange Name |
NASDAQ
|
Class A common stock, par value $0.0001 per share |
|
Title of 12(b) Security |
Class A common stock, par
value $0.0001 per share
|
Trading Symbol |
SEPA
|
Security Exchange Name |
NASDAQ
|
Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
|
Title of 12(b) Security |
Warrants, each whole warrant
exercisable for one share of Class A common stock at an exercise price of $11.50 per share
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SEPAW
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