secwatch.observer — SEC 8-K summary
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Issuer:     Tempo Automation Holdings, Inc. (—)
CIK:        0001813658
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001104659-22-124887
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 2.03, 5.06, 3.02, 4.01, 3.03, 5.01, 5.02, 5.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACE Convergence completes business combination with Tempo Automation, begins trading as TMPO
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- Business combination closed: ACE Convergence merged with Tempo Automation; new name Tempo Automation Holdings, Inc.; shares trade on Nasdaq under TMPO and TMPOW.
- Entered $20M term loan facility (LSA) and closed $10M PIPE investment at $10/share, including 2M incentive shares.
- Redemptions of 473,929 SPAC shares for ~$4.9M; post-combination shares outstanding ~26.4M; 365-day lock-up for certain holders.
- Legacy Tempo unaudited financials for nine months ended Sep 30, 2022 filed as Exhibit 99.1; pro forma financials as Exhibit 99.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813658/000110465922124887/0001104659-22-124887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813658/000110465922124887/tm2231404d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-124887

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