Crown PropTech CEO resigns; co-CEOs appointed; Sponsor sells 5.66M Class B shares to CIIG

Crown PropTech Acquisitions

Richard Chera resigned as CEO, principal financial and accounting officer effective Jan 17, 2023; remains a director.
Gavin Cuneo and Michael Minnick appointed as co-CEOs, effective immediately.
Sponsor sold 5,662,000 Class B ordinary shares and 250,667 private placement warrants to CIIG Management III LLC.
CIIG entered into a Letter Agreement with the Company regarding voting and lock-up provisions.

item 5.02 item 8.01 item 9.01

Executive movements

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

Departed

Richard Chera

Chief Executive Officer

CPTKW · Crown PropTech Acquisitions

Effective: 2023-01-17
Successor: Gavin Cuneo, Michael Minnick
Filed: January 17, 2023, 6:59 PM ET

On January 17, 2023, Richard Chera informed Crown PropTech Acquisitions (the “Company”) of his decision to resign as Chief Executive Officer (“CEO”) of the Company, effective immediately.

Appointed

Gavin Cuneo

Co-Chief Executive Officer

CPTKW · Crown PropTech Acquisitions

Effective: 2023-01-17
Filed: January 17, 2023, 6:59 PM ET

On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.

Appointed

Michael Minnick

Co-Chief Executive Officer

CPTKW · Crown PropTech Acquisitions

Effective: 2023-01-17
Filed: January 17, 2023, 6:59 PM ET

On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Richard Chera resigned as Chief Executive Officer at Crown PropTech Acquisitions.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On January 17, 2023, Richard Chera informed Crown PropTech Acquisitions (the “Company”) of his decision to resign as Chief Executive Officer (“CEO”) of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Gavin Cuneo was appointed as Co-Chief Executive Officer at Crown PropTech Acquisitions.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Minnick was appointed as Co-Chief Executive Officer at Crown PropTech Acquisitions.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On January 17, 2023, the board of directors of the Company appointed Mr. Gavin Cuneo and Mr. Michael Minnick as co-CEOs of the Company, effective immediately.

View on SEC.gov

Crown PropTech Acquisitions filing history →

Source: SEC EDGAR

accession 0001104659-23-004315

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