Item 1.01 Entry into a Material Definitive Agreement
On
The issuance of the Working Capital Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
The foregoing description is qualified in its entirety by reference to the Working Capital Note, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
The disclosure set forth in Item 1.01 of this Current Report on Form 8-K regarding the issuance of the Working Capital Note is incorporated by reference herein.
Item 5.02 Departure of Directors or Certain Officers? Election of Directors?
Appointment of Certain Officers? Compensatory Arrangements of Certain Officers.
On
In connection with the appointment of
? A Letter Agreement, datedJune 17, 2021 (the "Letter Agreement"), between the Company andMr. Rye , pursuant to whichMr. Rye has agreed to: vote any shares of Class A common stock held by him in favor of the Company's initial business combination; facilitate the liquidation and winding up of the Company if an initial business combination is not consummated within the time period required by its second amended and restated certificate of incorporation; and certain transfer restrictions with respect to the Company's securities. ? An Indemnity Agreement, datedJune 17, 2021 (the "Indemnity Agreement"), between the Company andMr. Rye , providingMr. Rye contractual indemnification in addition to the indemnification provided for in the Company's second amended and restated certificate of incorporation.
The foregoing descriptions of the Letter Agreement and the Indemnity Agreement do not purport to be complete and are qualified in their entireties by reference to the Letter Agreement and the Indemnity Agreement, copies of which are attached as Exhibits 10.2 and 10.3, respectively, and are incorporated herein by reference.
Other than the foregoing,
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit No. Description of Exhibits 10.1 Promissory Note, datedJune 17, 2021 , between the Company andTCW Asset Management Company LLC 10.2 Letter Agreement, datedJune 17, 2021 , between the Company andDavid Rye . 10.3 Indemnity Agreement, datedJune 17, 2021 , between the Company andDavid Rye .
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