UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 31, 2022
Bite Acquisition
Corp.
(Exact name of registrant as specified in its charter)
| Delaware | 001-40055 | 85-3307316 |
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
|
30 West Street, No. 28F New York, New York (Address of principal executive offices) |
10004 (Zip Code) |
|
(212) 608-2923
Not Applicable |
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common stock, par value $0.0001 per share | BITE | The New York Stock Exchange | ||
| Warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50 | BITE WS | The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective as of December 31, 2022, Rafael Felipe de Jesús Aguirre Gómez resigned as the Chairman of the board of directors (the “Board”) of Bite Acquisition Corp. (the “Company”), and Randall Hiatt resigned as a member of the Board of the Company. Alberto Ardura González, who has been serving as the Chief Executive Officer and a member of the Board of the Company, was appointed to replace Mr. Aguirre Gómez as the Chairman of the Board. The Board expects to appoint a new independent director to replace Mr. Hiatt as a member of the Board in the near future.
| Item 8.01 | Other Events. |
On January 3, 2023, the Company issued a press release announcing resignations of Rafael Felipe de Jesús Aguirre Gómez and Randall Hiatt as members of the Board, effective as of December 31, 2022. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits |
(c) Exhibits:
| Exhibit No. |
Description | |
| 99.1 | Press release, dated January 3, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BITE Acquisition Corp. | ||
| By: | /s/ Axel Molet Warschawski | |
| Name: Axel Molet Warschawski | ||
| Title: Chief Financial Officer | ||
Date: January 3, 2023
Exhibit 99.1
Bite Acquisition Corp. Announces Board Resignations
New York, NY – January 3, 2023 – Bite Acquisition Corp. (NYSE: BITE) (the “Company,” or “BITE”) announced today that Rafael Felipe de Jesus Aguirre Gomez and Randall Hiatt, Chair and Independent Director of the Company respectively, resigned from BITE’s board of directors (the “Board”) effective December 31, 2022. Mr. Alberto Ardura, CEO and board member of BITE will assume the role of BITE ́s Chair of the Board, and the Board expects to appoint a new independent Board member in place of Mr. Hiatt in the coming days. Concurrently with his resignation, Mr. Aguirre has sold his participation in BITE ́s Sponsor.
Mr. Alberto Ardura stated that, “we thank Mr. Aguirre and Mr. Hiatt for their highly valued insight and leadership as the Company actively searches for a business combination in the restaurant industry since its founding and IPO in 2021.” The Company will broaden its targets to include industries outside restaurant operations.
Both Mr. Aguirre and Mr. Hiatt wish the Company success in their future endeavors and believe there will be a bright future for the Company as it continues its search for a successful business combination.
About Bite Acquisition Corp.
Bite Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses. While the Company may pursue an initial business combination with a company in any sector or geography, it intends to focus its search on the traditional and non-traditional restaurant sectors in North America.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the Company’s plan to appoint a new independent board member. These statements are based on current expectations on the date of this Current Report on Form 8-K and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Company Contact:
Bite Acquisition Corp.
Alberto Ardura Gonzalez
alberto@biteacquisitioncorp.com
+1 (212) 608-2923