Brivo terminates business combination with Crown PropTech; CFO and director resign

Crown PropTech Acquisitions

Brivo notified Crown of termination of Business Combination Agreement on August 10, 2022; Crown alleges breach and will pursue remedies.
Dr. Pius Sprenger resigned as CFO and from the board effective August 12, 2022.
Dr. Martin Enderle resigned from the board effective August 12, 2022.
The deal, initially announced November 10, 2021, would have merged Brivo into Crown SPAC.

item 1.02 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dr. Pius Sprenger

Chief Financial Officer

CPTKW · Crown PropTech Acquisitions

Effective: 2022-08-12
Filed: August 16, 2022, 7:59 PM ET

On August 12, 2022, Dr. Pius Sprenger, Crown's Chief Financial Officer and a member of the board of directors of Crown (the “Board”) notified the Board of his resignation from the Board and from his role as Chief Financial Officer of Crown, effective immediately.

Departed

Dr. Martin Enderle

Member of the Board

CPTKW · Crown PropTech Acquisitions

Effective: 2022-08-12
Filed: August 16, 2022, 7:59 PM ET

On August 12, 2022, Dr. Martin Enderle, a member of the Board and chair of the audit committee, notified the Board of his resignation from the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Pius Sprenger resigned as Chief Financial Officer at Crown PropTech Acquisitions.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On August 12, 2022, Dr. Pius Sprenger, Crown's Chief Financial Officer and a member of the board of directors of Crown (the “Board”) notified the Board of his resignation from the Board and from his role as Chief Financial Officer of Crown, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Martin Enderle resigned as Member of the Board at Crown PropTech Acquisitions.

Action: resigned
Role: Member of the Board

Exact text from the filing

On August 12, 2022, Dr. Martin Enderle, a member of the Board and chair of the audit committee, notified the Board of his resignation from the Board, effective immediately.

View on SEC.gov

Crown PropTech Acquisitions filing history →

Source: SEC EDGAR

accession 0001104659-22-091835

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