Item 3.02. Unregistered Sales of Equity Securities.

The information provided in Item 8.01 of this Form 8-K is incorporated by reference into this Item 3.02.




Item 8.01. Other Events.

On January 14, 2021, Big Cypress Acquisition Corp. (the "Company") consummated its initial public offering of 11,500,000 of its units ("Units"), which includes the exercise in full of the underwriters' option to purchase additional units ("IPO"). Each Unit consists of one share of common stock, $0.0001 par value per share ("Common Stock"), and one half of one redeemable warrant ("Warrant"), with each whole Warrant entitling the holder to purchase one share of Common Stock at a price of $11.50 per share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $115,000,000.

Simultaneously with the consummation of the IPO, the Company consummated the private placement ("Private Placement") of an aggregate of 417,200 units ("Private Units"), with each unit consisting of one share of Common Stock and one half of one warrant (the "Private Warrants"), at a price of $10.00 per Private Unit, generating total proceeds of $4,172,000. The Private Units are identical to the Units sold in the IPO, except that the underlying warrants are non-redeemable and may be exercised on a cashless basis, in each case so long as they continue to be held by the Big Cypress Holdings LLC ("Sponsor") or its permitted transferees. The Sponsor has agreed not to transfer, assign or sell any of the Private Units purchased in the Private Placement (and the securities underlying the Private Units), except to certain permitted transferees, until 30 days after the consummation of the Company's initial business combination.

An audited balance sheet as of January 14, 2021 reflecting receipt of the proceeds received by the Company in connection with the consummation of the IPO and, the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. A copy of the press release issued by the Company announcing the consummation of the IPO and Private Placement is included as Exhibit 99.2 to this Current Report on Form 8-K

Item 9.01. Financial Statement and Exhibits.





  (d) Exhibits:




Exhibit   Description

99.1        Audited Balance Sheet.
99.2        Press Release.

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