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):

April 2, 2021 (April 2, 2021)

 

TUATARA CAPITAL ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

Cayman Islands   001-40049   N/A

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

 

655 Third Avenue, 8th Floor

New York, New York

  10017
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (917) 460-7522

 

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
Class A ordinary shares, par value $0.0001 per share   TCAC   The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50   TCACW   The Nasdaq Stock Market LLC
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant   TCACU   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 8.01Other Events.

 

On April 2, 2021, Tuatara Capital Acquisition Corporation (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 (the “Units”) may elect to separately trade the shares of Class A ordinary shares and warrants comprising the Units commencing on April 5, 2021. Those Units not separated will continue to trade on the Nasdaq Capital Market under the symbol “TCACU,” and each of the Class A ordinary shares and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “TCAC” and “TCACW,” respectively.

 

Item 9.01Financial 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 2, 2021.

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: April 2, 2021

 

  TUATARA CAPITAL ACQUISITION CORPORATION
   
   
  By: /s/ Albert Foreman
    Albert Foreman
    Chief Executive Officer

 

 

 

 

 

 

Exhibit 99.1

 

 

FOR IMMEDIATE RELEASE

 

Tuatara Capital Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 5, 2021

 

New York, April 2, 2021 – Tuatara Capital Acquisition Corporation (the “Company”) announced that, commencing April 5, 2021, holders of the units sold in the Company's initial public offering of 20,000,000 units completed on February 16, 2021, including the units sold pursuant to the partial exercise of the underwriters’ over-allotment option of 2,500,000 units, may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “TCAC” and “TCACW,” respectively. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “TCACU.” No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these 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 any such state or jurisdiction.

 

The offering was made only by means of a prospectus. Copies of the prospectus may be obtained, for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus may be obtained for free from J.P. Morgan Securities LLC at Attn: Equity Syndicate Desk, 383 Madison Avenue, New York, New York 10179, by fax at (212) 622-8358 and BMO Capital Markets Corp. at Attn: US Syndicate, 3 Times Square, 25th Floor, New York, New York 10036, by telephone at (866) 864-7760.

 

About Tuatara Capital Acquisition Corporation

 

The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search for businesses in the cannabis industry that are compliant with all applicable laws and regulations. The management team includes Albert Foreman, the Company’s Chief Executive Officer and director; Mark Zittman, the Company’s Chief Operating Officer and director; and Sergey Sherman, the Company’s Chief Financial Officer.

 

Cautionary Statement Concerning Forward-Looking Statements

 

Certain statements contained in this press release constitute forward-looking statements. All of these statements are based on management’s expectations as well as estimates and assumptions prepared by management that, although they believe to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of Company’s control that may cause its business, industry, strategy, financing activities or actual results to differ materially. The Company undertakes no obligation to update or revise any of the forward-looking statements contained herein, whether as a result of new information, future events or otherwise.

 

For more information, please contact:

 

For inquiries please contact: Sergey Sherman, Chief Financial Officer 

Telephone: (917) 460-7680

Email: sergey@tuataraspac.com