M&A: Slam Corp.

Form Type: 8-K

Filing Date: 2024-12-30

Corporate Action: Merger

Type: New

Accession Number: 000121390024113477

Comments: On December 27, 2024, Slam Corp. announced a business combination with Lynk Global, Inc., involving multiple parties including Lynk Global Holdings, Inc. and associated entities. The transaction is being facilitated through a definitive proxy statement and a proposed registration statement filed with the SEC. Key highlights include a commitment from Slam Sponsor, LLC to provide significant financial support to the company in the form of a $600,000 unsecured promissory note to fund operations through the transition period. This Business Combination is contingent on various shareholder approvals, with a planned completion by March 25, 2025. The filing also discusses the implications of the merger, including potential impacts on shareholder structure and financial health.

Document Link: View Document

Additional details:

Item Name: promissory_note_amount

Item Value: up to US$600,000

Item Name: business_combination_target

Item Value: Lynk Global, Inc.

Item Name: business_combination_type

Item Value: merger

Item Name: trust_account_usd

Item Value: up to US$300,000