IPO - Atlantic Coastal Acquisition Corp. II

Form Type: CORRESP

Filing Date: 2025-02-10

Corporate Action: Ipo

Type: New

Accession Number: 000121390025011817

Filing Summary: Abpro Holdings, Inc. has submitted a request for acceleration of the effective date for their Registration Statement on Form S-1, registration number 333-284021. The requested effective date is set for 4:30 P.M. New York City time, on February 12, 2025, or as soon as practicable thereafter. This request is made pursuant to Rule 461 under the Securities Act of 1933. The company has provided contact information for Jonathan Talcott from Nelson Mullins Riley & Scarborough LLP for follow-up and notification regarding the acceleration request.

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Form Type: S-1/A

Filing Date: 2025-02-07

Corporate Action: Ipo

Type: New

Accession Number: 000121390025011397

Filing Summary: Abpro Holdings, Inc. is filing an amendment to its Form S-1 registration statement for an IPO, offering up to 28,850,000 shares of Common Stock on the exercise of Warrants, alongside a secondary offering of 31,935,312 shares of Common Stock and 13,850,000 Placement Warrants by Selling Securityholders. The company underwent a Business Combination with Abpro Corporation, which was completed on November 13, 2024, leading to the merger and resulting issuance of approximately 50,000,000 shares of Common Stock. This amendment details the terms of the offering, including exercise prices for warrants and the public and private shares issued as part of the transaction. The document notes that the market price of the shares could significantly decline due to the sale of such a large number of shares, and the company requests a regulatory review for compliance under SEC and Nasdaq listing rules.

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