8-K
filed June 2, 2023, 7:59 PM ET
CIK 0001846750
other material
confidence high
sentiment positive
materiality 0.75
Trajectory Alpha Acquisition enters change-of-control deal; new board and officers appointed
Zalatoris Acquisition Corp.
- J. Streicher Holdings acquires 2,170,464 Class B shares and 4,525,000 private warrants from Sponsor for $250K contribution to company and $1 to Sponsor.
- Also acquires 422,434 Class B shares from Metric Finance Holdings II LLC under separate Purchase Agreement.
- All prior directors and officers resign; new directors appointed including Paul Davis as CEO and Pantelis Dimitriou as CFO.
- Acquirer assumes all public company reporting obligations and other Sponsor obligations.
- Company to file name change within 10 days, subject to NYSE rules.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Pantelis Dimitriou was appointed as Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Pantelis Dimitriou, Niall Ennis, Paul Davis, Adeel Rouf, and Sarah Watson were appointed as members of the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul Sethi resigned as Director at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Director
Exact text from the filing
Peter Bordes, Paul Sethi, Jonathan Bond, Ninan Chacko, and Elisabeth H. DeMarse tendered their resignations as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Peter Bordes resigned as other_named_officer at Zalatoris Acquisition Corp..
- Action
- resigned
Exact text from the filing
Peter Bordes and Michael E.S. Frankel resigned as officers of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Niall Ennis was appointed as Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Pantelis Dimitriou, Niall Ennis, Paul Davis, Adeel Rouf, and Sarah Watson were appointed as members of the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jonathan Bond resigned as Director at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Director
Exact text from the filing
Peter Bordes, Paul Sethi, Jonathan Bond, Ninan Chacko, and Elisabeth H. DeMarse tendered their resignations as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Adeel Rouf was appointed as Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Pantelis Dimitriou, Niall Ennis, Paul Davis, Adeel Rouf, and Sarah Watson were appointed as members of the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ninan Chacko resigned as Director at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Director
Exact text from the filing
Peter Bordes, Paul Sethi, Jonathan Bond, Ninan Chacko, and Elisabeth H. DeMarse tendered their resignations as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Sarah Watson was appointed as Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Pantelis Dimitriou, Niall Ennis, Paul Davis, Adeel Rouf, and Sarah Watson were appointed as members of the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael E.S. Frankel resigned as other_named_officer at Zalatoris Acquisition Corp..
- Action
- resigned
Exact text from the filing
Peter Bordes and Michael E.S. Frankel resigned as officers of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul Davis was appointed as Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Director
Exact text from the filing
Pantelis Dimitriou, Niall Ennis, Paul Davis, Adeel Rouf, and Sarah Watson were appointed as members of the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Pantelis Dimitriou was appointed as Chief Financial Officer at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
Pantelis Dimitriou was appointed as the Company’s Chief Financial Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Peter Bordes resigned as Director at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Director
Exact text from the filing
Peter Bordes, Paul Sethi, Jonathan Bond, Ninan Chacko, and Elisabeth H. DeMarse tendered their resignations as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Elisabeth H. DeMarse resigned as Director at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Director
Exact text from the filing
Peter Bordes, Paul Sethi, Jonathan Bond, Ninan Chacko, and Elisabeth H. DeMarse tendered their resignations as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul Davis was appointed as Chief Executive Officer at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Paul Davis was appointed as Chief Executive Officer of the Company
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.92
Zalatoris Acquisition Corp. entered into Purchase and Contribution Agreement with J. Streicher Holdings, LLC valued at $250,000 (effective 2023-06-02).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- J. Streicher Holdings, LLC
- Value
- $250,000
- Effective
- 2023-06-02
Exact text from the filing
On June 2, 2023 (the “Effective Date”), Trajectory Alpha Acquisition Corp., a Delaware corporation (the “Company”), entered into a Purchase and Contribution Agreement (the “Agreement”) with J. Streicher Holdings, LLC, a Delaware limited liability company (the “Acquirer”), and Trajectory Alpha Sponsor LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Acquirer, or an entity designated by the Acquirer, shall contribute $250,000 (two hundred fifty thousand dollars) payable at the Effective Date to the Company (the “Contribution”) and shall pay $1.00 (one dollar) to the Sponsor (the “Consideration” and together with the Contribution, the “Purchase Price”).
View on SEC.gov
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