SECsense Logo

Global Lights Acquisition Corp 8-K Report: Key Insights on Securities Offered

$GLAC
Form 8-K
Filed on: 2025-01-02
Source
Global Lights Acquisition Corp 8-K Report: Key Insights on Securities Offered

Based on the provided XML section of the financial report for Global Lights Acquisition Corp (GLAC), here are the key extracted details and insights:

  1. Entity Information:
  • Name: Global Lights Acquisition Corp
  • CIK (Central Index Key): 0001897971
  • SEC Filing Type: 8-K
  • Filing Date: December 27, 2024
  1. Securities Offered:
  • Units: Each unit consists of:
    • One Ordinary Share with a par value of $0.0001
    • One Right to acquire one-sixth of one Ordinary Share
  • Securities Identifiers:
    • Units: GLACU, traded on NASDAQ
    • Ordinary Shares: GLAC, traded on NASDAQ
    • Rights: GLACR, traded on NASDAQ
  1. Financial Details:
  • Par Value of Ordinary Shares: $0.0001
  • Rights: Each right allows the holder to acquire one-sixth of an Ordinary Share.
  1. Reporting Period:
  • Context Date: December 27, 2024
  • This context indicates that the information is as of the specified date, but it does not represent a range of time.
  1. Contact Information:
  • Address: Room 902, Unit 1, 8th Floor, Building 5, No. 201, Tangli Road, Chaoyang District, Beijing 100123, CN
  • Phone: +86 10-5948-0786

Insights:

  • The report outlines a straightforward structure of the units being offered, emphasizing the combination of ordinary shares and rights, which can be an attractive investment vehicle for potential investors.
  • The par value is notably low ($0.0001), which might indicate a strategy to attract more investors by lowering the entry cost per share.
  • The registration of these securities on NASDAQ suggests a level of scrutiny and regulatory compliance, positioning the company for credibility in the market.
  • The filing on an 8-K form indicates a significant event or change that the company is reporting, which could be of interest to investors and analysts monitoring the company's developments.

Overall, this section provides essential details about the offerings of Global Lights Acquisition Corp, which could be significant for potential investors and market analysts.