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EX-99.2 - PRESS RELEASE, DATED NOVEMBER 3, 2017 - Haymaker Acquisition Corp.f8k110317_ex99-2haymaker.htm
EX-99.1 - PRO FORMA BALANCE SHEET - Haymaker Acquisition Corp.f8k110317_ex99-1haymaker.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 9, 2017 (November 3, 2017)

 

HAYMAKER ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

 

Delaware   001-38254   82-1329677
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

650 Fifth Avenue

Floor 31

New York, NY

  10019
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code:  (212) 616-9600

 

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 to the registrant under any of the following provisions:

 

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))

 

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 8.01 Other Events.

Over-Allotment Closing

As previously reported on a Current Report on Form 8-K of Haymaker Acquisition Corp. (the “Company”), on October 27, 2017, the Company consummated its initial public offering (“IPO”) of 30,000,000 units (“Units”), each Unit consisting of one share of Class A common stock, $0.0001 par value per share (“Common Stock”) and one-half of one warrant (“Warrant”) to purchase one share of Common Stock, pursuant to the registration statement on Form S-1 (File No. 333-220733). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $300,000,000. The underwriters of the IPO were granted an option to purchase up to an additional 4,500,000 Units to cover over-allotments, if any (“Over-Allotment Units”). On November 1, 2017, the underwriters exercised the option in part and purchased 3,000,000 Over-Allotment Units, which were sold at an offering price of $10.00 per Unit, generating gross proceeds of $30,000,000.

As previously reported on a Current Report on Form 8-K of the Company, on October 27, 2017, simultaneously with the consummation of the IPO, the Company completed a private placement (the “Private Placement”) of 8,000,000 warrants (the “Placement Warrants”) to Haymaker Sponsor, LLC (the “Sponsor”), generating gross proceeds of $8,000,000.

In addition, the 8,625,000 shares of Class B common stock of the Company (the “Founder Shares”) held by the Company’s initial stockholders (prior to the exercise of the over-allotment) included an aggregate of up to 1,125,000 Founder Shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment option was not exercised in full, so that the initial stockholders would collectively own 20.0% of issued and outstanding shares of the Company. Since the underwriters exercised the over-allotment option in part and purchased 3,000,000 of the total possible 4,500,000 Over-Allotment Units, the Sponsor forfeited 375,000 Founder Shares on November 3, 2017 in order to maintain ownership of 20.0% of issued and outstanding shares of the Company. The Founder Shares forfeited by the Sponsor were cancelled by the Company.

A total of $330,000,000 of the net proceeds from the sale of Units in the IPO (including the Over-Allotment Units) and the Private Placement were placed in a trust account established for the benefit of the Company’s public stockholders. An audited balance sheet as of October 27, 2017 reflecting receipt of the net proceeds from the IPO and the Private Placement, but not the proceeds from the sale of the Over-Allotment Units had been prepared by the Company and previously filed on a Current Report on Form 8-K on November 2, 2017. The Company’s unaudited pro forma balance sheet as of November 3, 2017, reflecting receipt of the proceeds from the sale of the Over-Allotment Units 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 sale of the Over-Allotment Units is included as Exhibit 99.2 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits

 

Exhibit Number

 

Description

   
99.1   Pro Forma Balance Sheet
   
99.2   Press Release, dated November 3, 2017

 

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SIGNATURE

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

 

        Haymaker Acquisition Corp.
       
Date: November 9, 2017       By:  

/s/ Christopher Bradley

        Name:   Christopher Bradley
        Title:   Chief Financial Officer

 

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