SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 7, 2020
(Exact Name of Registrant as Specified in Charter)
(State or other jurisdiction
|Via Marco DAviano, 2, Milano MI, Italy||20131|
|(Address of Principal Executive Offices)||(Zip Code)|
+39 02 288 5841
(Registrants telephone number, including area code)
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
Name of each exchange
on which registered
|Common Stock, par value $0.0001 per share||KLR||NYSE American LLC|
|Warrants, at an exercise price of $11.50 per share of Common Stock||KLR WS||NYSE American 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 1.01|| |
Entry into a Material Definitive Agreement.
Amendment to Forward Share Purchase Agreement with Yakira
As previously disclosed on the Current Report on Form 8-K (Current Report) filed by Kaleyra, Inc. (f/k/a GigCapital, Inc.), a Delaware corporation (the Company), filed with the Securities and Exchange Commission (the SEC) on November 20, 2019, the Company entered into a Forward Share Purchase Agreement, dated as of November 19, 2019 (the Forward Share Purchase Agreement), with Yakira Capital Management, Inc. (Yakira). Pursuant to the terms of the Forward Share Purchase Agreement, Yakira may sell its shares of the Companys common stock, par value $0.0001 per share (the Common Stock), in the open market, at its sole discretion, as long as the sales price is above $10.50 per share.
On February 7, 2020, the Company entered into the Amendment to the Forward Share Purchase Agreement (the Amendment). The Amendment provides that the Company will purchase from Yakira its 43,930 shares of Common Stock into which the rights (the Rights Shares) that Yakira held converted into upon the closing of the Companys previously announced business combination with Kaleyra, S.p.A, which occurred on November 25, 2019 (the Business Combination Closing Date), at a purchase price of $10.93 per Rights Share as soon as practicable on or after the six month anniversary of the Business Combination Closing Date.
The foregoing description is only a summary of the Amendment, and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 hereto, and is incorporated herein by reference. The Amendment is included as an exhibit to this Current Report in order to provide investors and security holders with material information regarding its terms. The Amendment is not intended to provide any other factual information about or the Company or Yakira.
|Item 9.01|| |
Financial Statements and Exhibits.
|10.1||Amendment to Forward Share Purchase Agreement, dated February 7, 2020, by and among Kaleyra, Inc. and Yakira Capital Management, Inc.|
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.
Dated: February 12, 2020
|By:||/s/ Dario Calogero|
Chief Executive Officer and President