Announcement • Jun 21
JAWS Hurricane Acquisition Expects Nasdaq Stock Market LLC to File Form 25 with the Commission to Delist its Securities On June 1, 2023, JAWS Hurricane Acquisition Corporation (the ‘Company’) announced its board of directors (the ‘Board’) had determined to redeem all of its outstanding shares of Class A common stock, par value $0.0001 per share, previously issued in the Company's initial public offering (the ‘PublicShares’). As previously announced, the Company anticipates that the last day of trading in the PublicShares will be June 15, 2023. On or about June 23, 2023, the PublicShares will be deemed cancelled and will represent only the right to receive the per-share redemption price for the PublicShares (the ‘Redemption Amount’). Net of taxes and dissolution expenses, the Redemption Amount is expected to be approximately $10.25. The Redemption Amount will be payable to the holders of the PublicShares upon presentation of their respective share or unit certificates or other delivery of their shares or units to the Company's transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of PublicShares held in ‘street name,’ however, will not need to take any action in order to receive the Redemption Amount. The Company's initial stockholder has waived its redemption rights with respect to the Company's outstanding Class B common stock, par value $0.0001 per share, issued prior to the Company's initial public offering. After June 15, 2023, the Company shall cease all operations except for those required to wind up the Company's business. The Company expects that the Nasdaq Stock Market LLC will file a Form 25 with the Commission to delist its securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended. Announcement • Dec 20
JAWS Hurricane Acquisition Corporation announced that it has received $0.5 million in funding from Hurricane Sponsor LLC JAWS Hurricane Acquisition Corporation announced that it has entered into a security purchase agreement for the issuance of $500,000 convertible unsecured promissory note on December 19, 2022. The transaction included participation from returning investor Hurricane Sponsor LLC. The principal balance of this note shall be payable by the company on the earlier of the date on which the company consummates its initial business combination or the date that the winding up of the company is effective. The principal balance may be prepaid at any time, at the election of company. Upon consummation of the business combination and at the Payee’s option, at any time prior to payment in full of the principal balance of this note, the payee may elect to convert all or any portion of the note into that number of warrants of the post-business combination entity equal to the portion of the principal amount of the note being converted, divided by $2.00. The company will not pay interest on the note. The note was issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. Announcement • Jun 09
JAWS Hurricane Acquisition Corporation Appoints Sanjan Dhody to Serve as Class II Director JAWS Hurricane Acquisition Corporation announced that On June 6, 2022, the Board of Directors the Board of the Company fixed the size of the Board at five directors and appointed Sanjan Dhody to serve as a Class II director. The Board also appointed Mr. Dhody to serve as a member of the Board's Audit Committee and Compensation Committee. The Board has determined that Mr. Dhody is an independent director under applicable Securities and Exchange Commission and Nasdaq Capital Market rules. 
