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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): September 27, 2024

 

ExcelFin Acquisition Corp.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40933   86-2933776
(State or other jurisdiction
of incorporation)		   (Commission File Number)   (IRS. Employer
Identification No.)

 

100 Kingsley Park Drive
 Fort Mill, South Carolina		   29715
(Address of principal executive office)   (Zip Code)

 

(917) 209-8581

(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 Class A common stock and one-half of one redeemable warrant   XFINU   The Nasdaq Stock Market
Class A common stock, par value $0.0001 per share   XFIN   The Nasdaq Stock Market
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50   XFINW   The Nasdaq Stock 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 x

 

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 September 26, 2024, ExcelFin Acquisition Corp. (the “Company”) held a special meeting of its stockholders (the “Special Meeting”). At the Special Meeting, the holders of the Company’s Class A common stock (“Common Stock”) voted to approve the Business Combination described in the proxy statement/prospectus. In connection with the vote to approve the Business Combination, the holders of shares of Common Stock were entitled to redeem their shares for cash. The Company expects the Business Combination to close on September 30, 2024, subject to the satisfaction or waiver of all applicable closing conditions. The per-share redemption price for the Common Stock tendered for redemption (and not subsequently rescinded or reversed) in connection with the Closing of the Business Combination is expected to be approximately $11.07 per share.

 

Item 9.01 Financial Statements and Exhibits.

 

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

 

Exhibit No.   Description of Exhibits
     
104   Cover Page Interactive Data File

 

 

 

 

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 hereunto duly authorized.

 

Date: September 27, 2024 ExcelFin Acquisition Corp.
   
  By: /s/ Joe Ragan
  Name: Joe Ragan
  Title: Chief Executive Officer & Chief Financial Officer

 

 

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Cover
Sep. 27, 2024
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 27, 2024
Entity File Number 001-40933
Entity Registrant Name ExcelFin Acquisition Corp.
Entity Central Index Key 0001852749
Entity Tax Identification Number 86-2933776
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 100 Kingsley Park Drive
Entity Address, City or Town Fort Mill
Entity Address, State or Province SC
Entity Address, Postal Zip Code 29715
City Area Code 917
Local Phone Number 209-8581
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Units Each Consisting Of One Share Of Classa Common Stock And Onehalf Of One Redeemable Warrant [Member]  
Document Information [Line Items]  
Title of 12(b) Security Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
Trading Symbol XFINU
Security Exchange Name NASDAQ
Common Class A [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A common stock, par value $0.0001 per share
Trading Symbol XFIN
Security Exchange Name NASDAQ
Redeemable Warrants Each Whole Warrant Exercisable For One Share Of Classa Common Stock At An Exercise Price Ofdollar 11. 50 [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
Trading Symbol XFINW
Security Exchange Name NASDAQ
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