Item 7.01 Regulation FD Disclosure.
On June 14, 2022, Ackrell SPAC Partners I Co. (the "Company") issued a press
release announcing that in connection with its special meeting of stockholders
to be held on June 21, 2022 for stockholders to consider and vote on a proposal
to extend the time the Company has to consummate an initial business combination
at the request of the Sponsor on a monthly basis from June 23, 2022 to September
23, 2022, subject to the approval of the Board of Directors of the Company, the
Sponsor or its designees will be required to deposit into the trust account for
each extension an amount equal to the lesser of $0.043 per share and $200,000.
Holders of shares of common stock underlying the subunits issued in the
Company's initial public offering will have until 5:00 p.m. Eastern Time on
Thursday, June 16, 2022 to request the redemption of their public shares into
their pro rata portion of the funds held in the trust account.
A copy of the press release is furnished as Exhibit 99.1 hereto. The information
in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), or otherwise subject to the liabilities of that section, nor
shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as expressly set forth by
specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated June 14, 2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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