8-K
filed November 20, 2024, 6:59 PM ET
CIK 0001857803
other material
confidence high
sentiment neutral
materiality 0.85
DP Cap Acquisition Corp I changes control; new CEO appointed, warrants cancelled, loan forgiven
DP Cap Acquisition Corp I
- Highview Bridge LLC acquires 3,112,499 Class A shares and 3 Class B shares for $100 total.
- Sponsor cancels 4,733,333 private warrants and forgives $4.6M loan from IPO.
- Xixuan Hei appointed Chairman, CEO, CFO; prior CEO and other officers resign effective Nov 15, 2024.
- Cowen & Company waives any deferred underwriting fees payable in connection with a business combination.
- SPAC will file information statement; board change effective ten days after mailing to shareholders.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Leonard Schlesinger resigned as Director at DP Cap Acquisition Corp I.
- Action
- resigned
- Role
- Director
Exact text from the filing
Leonard Schlesinger as a director of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Lars Albright resigned as Director at DP Cap Acquisition Corp I.
- Action
- resigned
- Role
- Director
Exact text from the filing
Lars Albright as a director of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Diane Hessan resigned as Director at DP Cap Acquisition Corp I.
- Action
- resigned
- Role
- Director
Exact text from the filing
Diane Hessan as a director of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Xixuan Hei was appointed as Chief Executive Officer at DP Cap Acquisition Corp I.
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Xixuan Hei was appointed as Chairman, Chief Executive Officer, Chief Financial Officer and a Director of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Bruce Revzin resigned as Chief Financial Officer at DP Cap Acquisition Corp I.
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
Bruce Revzin as Chief Financial Officer of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Scott Savitz resigned as Chairman and Chief Executive Officer at DP Cap Acquisition Corp I.
- Action
- resigned
- Role
- Chairman and Chief Executive Officer
Exact text from the filing
Scott Savitz as Chairman (but continuing as a director) and Chief Executive Officer of the Company
View on SEC.gov
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