secwatch / observer
8-K filed June 27, 2023, 7:59 PM ET CIK 0001855168
other material confidence high sentiment neutral materiality 0.60

SPAC founder shares and warrants sold to sponsor for $300k; co-CEO Rowland resigns

Williams Rowland Acquisition Corp.

Executive movements

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

Departed

Jonathan Rowland

director and co-chief executive officer
Williams Rowland Acquisition Corp.
Effective
2023-06-24
Filed
June 27, 2023, 7:59 PM ET
On June 24, 2023, Jonathan Rowland informed the Board of Directors of the Registrant that he was resigning his positions as a director and as co-chief executive officer of the Registrant.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Rowland resigned as director and co-chief executive officer at Williams Rowland Acquisition Corp..

Action
resigned
Role
director and co-chief executive officer
Exact text from the filing
On June 24, 2023, Jonathan Rowland informed the Board of Directors of the Registrant that he was resigning his positions as a director and as co-chief executive officer of the Registrant.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Williams Rowland Acquisition Corp. entered into Securities Purchase Agreement with Wrac, Ltd. valued at $300,000 (effective 2023-06-22).

Action
entry
Agreement
equity purchase
Counterparty
Wrac, Ltd.
Value
$300,000
Effective
2023-06-22
Exact text from the filing
On June 22, 2023, Wrac, Ltd. a Guernsey Limited Liability Company (“ Seller ”), Williams Rowland Sponsor, LLC, a Delaware Limited Liability Company (“ Buyer ”), Jonathan Rowland and David B. Williams (each, a “ Party ” and, collectively, the “ Parties ”) entered into a Securities Purchase Agreement (the “ Agreement ”) pursuant to which Seller transferred 2,514,663 shares (the “ Founder Shares ”) of the common stock, par value $0.0001 per share (the “ Common Stock ”) of Williams Rowland Acquisition Corp. (the “ Registrant ”) and 5,550,000 warrants to purchase shares of Common Stock (the “ Warrants ” and, collectively with the Founder Shares, the “ Securities ”) constituting all of the securities of SPAC owned by the Seller or Jonathan Rowland for a payment of $300,000.
View on SEC.gov

85 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR
accession 0001213900-23-052147
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