secwatch.observer — SEC 8-K summary
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Issuer:     Embark Technology, Inc. (—)
CIK:        0001827980
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001104659-23-086614
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Embark acquired by Applied Intuition for $2.88/share; stock delisted from Nasdaq
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- Merger completed Aug 2, 2023; each share of common stock converted into $2.88 cash.
- Outstanding options, RSUs, and warrants canceled for cash; warrants received $0.0091 each.
- Trading of EMBK common stock and warrants suspended; Form 25 filed to delist from Nasdaq.
- Board and officers replaced: Qasar Younis director/Treasurer, Peter Ludwig President/Secretary.
- Prior directors and CEO/CTO resigned; charter and bylaws amended and restated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1827980/000110465923086614/0001104659-23-086614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1827980/000110465923086614/tm2322401d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-086614

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer