Item 8.01. Other Events.
On January 15, 2021, Marlin Technology Corporation (the "Company") consummated
an initial public offering (the "IPO") of 41,400,000 units (the "Units") at an
offering price of $10.00 per Unit and a private placement with Marlin Technology
Holdings, LLC of 6,853,333 private placement warrants at a price of $1.50 per
warrant (the "Private Placement"). The net proceeds from the IPO together with
certain of the proceeds from the Private Placement, $414,000,000 in the
aggregate (the "Offering Proceeds"), were placed in a trust account established
for the benefit of the Company's public shareholders and the underwriters of the
IPO with Continental Stock Transfer & Trust Company acting as trustee. Except
with respect to interest earned on the Offering Proceeds held in the trust
account that may be released to the Company to pay its income taxes, if any, the
Company's amended and restated memorandum and articles of association will
provide that the Offering Proceeds will not be released from the trust account
(1) to the Company, until the completion of its initial business combination, or
(2) to its public shareholders, until the earliest of (a) the completion of the
its initial business combination, and then only in connection with those Class A
ordinary shares that such shareholders properly elected to redeem, (b) the
redemption of any public shares properly tendered in connection with a
shareholder vote to amend the Company's amended and restated memorandum and
articles of association (A) to modify the substance or timing of the Company's
obligation to provide holders of its Class A ordinary shares the right to have
their shares redeemed in connection with the Company's initial business
combination or to redeem 100% of its public shares if the Company does not
complete its initial business combination within 24 months from the closing of
the IPO or (B) with respect to any other provision relating to the rights of
holders of its Class A ordinary shares, and (c) the redemption of the public
shares if the Company has not consummated its business combination within 24
months from the closing of the IPO, subject to applicable law.
An audited balance sheet as of January 15, 2021 reflecting receipt of the
Offering Proceeds has been issued by the Company and is included as Exhibit 99.1
to this Current Report on Form 8-K.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Audited Balance Sheet
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