---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019458"
form_type: "8-K"
ticker: null
cik: "0001848821"
company_name: "Global Technology Acquisition Corp. I"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:33:42.132865+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# GTAC signs $428M all-stock merger with Chinese art marketplace Tyfon Culture

## Summary
- Consideration of $428M plus up to $2M in expenses, paid entirely in stock at $10.00 per share.
- Tyfon Culture is a Chinese art marketplace with an offline-to-online business model.
- Post-merger entity will rename to Tyfon Culture Inc. and trade on Nasdaq under 'TFCI'.
- Sponsor HCG Opportunity agrees to vote for deal, not redeem shares, and forfeit warrants.
- Closing subject to shareholder approvals, SEC effectiveness, CSRC filing, Nasdaq listing; termination date Dec 31, 2024.

## SEC filing metadata
- accession: 0001493152-24-019458
- form_type: 8-K
- cik: 0001848821
- company_name: Global Technology Acquisition Corp. I
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848821/000149315224019458/0001493152-24-019458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848821/000149315224019458/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019458
- JSON: https://secwatch.observer/filing/0001493152-24-019458.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019458.txt

## Key facts
- Material Agreements
  Global Technology Acquisition Corp. I entered into Merger Agreement with Tyfon Culture Holdings Limited valued at $428.0 million (effective 2024-05-14).
  - Action: entry
  - Agreement: merger
  - Counterparty: Tyfon Culture Holdings Limited
  - Value: $428.0 million
  - Effective: 2024-05-14
  source text: On May 14, 2024, Global Technology Acquisition Corp. I, a Cayman Islands exempted company limited by shares (“ GTAC ”), entered into a Business Combination and Merger Agreement (the “ Merger Agreement ”) with Global Technology Merger Sub Corporation, a Cayman Islands exempted company limited by shares and a direct, wholly owned subsidiary of GTAC (“ Merger Sub ”), and Tyfon Culture Holdings Limited, a Cayman Islands exempted company limited by shares (the “ Company ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1848821/000149315224019458/0001493152-24-019458-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.