Item 8.01. Other Events
On March 2, 2023, Build Acquisition Corp. (the "Company" or "we") issued a press
release announcing that it will redeem all of its outstanding ordinary shares
that were included in the units issued in its initial public offering (the
"public shares"), effective as of the close of business on March 17, 2023, as
the Company will not consummate an initial business combination on or prior to
March 19, 2023. We have attached hereto as Exhibit 99.1 a copy of the press
release.
Forward-Looking Statements
Certain information contained in this press release may be deemed to constitute
forward-looking statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements relate to expectations or forecasts for future events, including,
without limitation, the redemption of the Company's public shares and the
Company's subsequent dissolution and liquidation and its delisting from the New
York Stock Exchange and its termination of registration with the Commission.
These statements may be preceded by, followed by or include the words "may,"
"might," "will," "will likely result," "should," "estimate," "plan," "project,"
"forecast," "intend," "expect," "anticipate," "believe," "seek," "continue,"
"target" or similar expressions. Such statements are subject to certain risks
and uncertainties that could cause our actual results in the future to differ
materially from the Company's historical results and those presently anticipated
or projected. The Company wishes to caution investors not to place undue
reliance on any such forward-looking statements. Any forward-looking statements
speak only as of the date on which such statements are made, and the Company
undertakes no obligation to update such statements to reflect events or
circumstances arising after such date. The Company assumes no obligation to
update forward-looking statements except to the extent required by applicable
securities laws. If the Company does update one or more forward-looking
statements, no inference should be drawn that the Company will make additional
updates with respect to those or other forward-looking statements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
99.1 Press Release dated March 2, 2023.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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