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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): September 28, 2021

 

GALILEO ACQUISITION CORP.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-39092   N/A
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification Number)

 

1049 Park Ave. 14A
New York, NY 10028

  (Address of principal executive offices, including zip code)  

 

(347) 517-1041

Registrant’s telephone number, including area code

 

Not Applicable

(Former name or former address, if changed since last report.)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Units, each consisting of one Ordinary Share and one Redeemable Warrant   GLEO.U   The New York Stock Exchange
         
Ordinary Shares, par value $0.0001 per share   GLEO   The New York Stock Exchange
         
Warrants, each warrant exercisable for one Ordinary Share for $11.50 per share   GLEO WS   The New York Stock Exchange

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

On September 28, 2021, Galileo Acquisition Corp. (“Galileo”) held an extraordinary general meeting of its shareholders (the “Meeting”), at which holders of 14,477,480 ordinary shares were present in person or by proxy, constituting a quorum for the transaction of business. Only shareholders of record as of the close of business on August 2, 2021, the record date for the Meeting, were entitled to vote at the Meeting. As of the record date, 17,400,000 ordinary shares were outstanding and entitled to vote at the Meeting. An aggregate of 11,018,352 ordinary shares were presented for redemption in connection with the Meeting. The proposals listed below are described in more detail in the joint proxy statement/consent solicitation statement/prospectus on Form S-4 of Galileo, which was declared effective by the Securities and Exchange Commission (the “SEC”) on September 7, 2021 (the “Proxy Statement”). A summary of the final voting results at the Meeting is set forth below:

 

Proposal 1 – The Domestication Proposal

 

Galileo’s shareholders approved Proposal 1. The votes cast were as follows:

 

For Against Abstain
14,426,426 17,404 33,650

 

Proposal 2 – The Business Combination Proposal

 

Galileo’s shareholders approved Proposal 2. The votes cast were as follows:

 

For Against Abstain
14,425,775 18,055 33,650

 

Proposal 3 – The Charter Proposal

 

Galileo’s shareholders approved Proposal 3. The votes cast were as follows:

 

For Against Abstain
14,402,325 19,755 55,400

 

Proposals 4-9 – The Organizational Documents Proposals

 

Galileo’s shareholders approved Proposals 4 - 9. The votes cast were as follows:

 

Proposal 4:

 

For Against Abstain
14,335,107 60,074 82,299

 

Proposal 5:

 

For Against Abstain
14,325,345 70,102 82,033

 

Proposal 6:

 

For Against Abstain
14,369,586 27,123 80,771

 

 

 

 

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Proposal 7:

 

For Against Abstain
14,380,411 17,468 79,601

 

Proposal 8:

 

For Against Abstain
14,380,391 17,468 79,621

 

Proposal 9:

 

For Against Abstain
14,364,446 30,846 82,188

 

Proposal 10 – The Share Escrow Amendment Proposal

 

Galileo’s shareholders approved Proposal 10. The votes cast were as follows:

 

For Against Abstain
14,367,773 18,380 91,327

 

Proposal 11 – The NYSE Proposal

 

Galileo’s shareholders approved Proposal 11. The votes cast were as follows:

 

For Against Abstain
14,399,563 19,155 58,762

 

Proposal 12 – The Incentive Plan Proposal

 

Galileo’s shareholders approved Proposal 12. The votes cast were as follows:

 

For Against Abstain
14,348,056 32,611 96,813

 

Proposal 13 – The ESPP Proposal

 

Galileo’s shareholders approved Proposal 13. The votes cast were as follows:

 

For Against Abstain
14,362,178 22,021 93,281

 

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Proposal 14 – The Director Appointment Proposal

 

Galileo’s shareholders approved Proposal 14. The votes cast were as follows:

 

Name For Withheld
Josh Wolfe 14,403,086 74,394
Greg Kress 14,402,586 74,894
Robert Jan Galema 14,403,086 74,394
Patrick S. Jones 14,403,039 74,441
Alberto Recchi 14,403,130 74,350
Ryan Kearny 14,403,086 74,394

 

As there were sufficient votes at the time of the Meeting to approve each of the above proposals, the “Adjournment Proposal” described in the Proxy Statement, which had been previously voted on by proxy, was not presented to shareholders at the Meeting. 

 

Based on the results of the Meeting, and subject to the satisfaction or waiver of certain other closing conditions as described in the Proxy Statement, the transactions (the “Transactions”) contemplated by the Merger Agreement (as defined in the Proxy Statement), are expected to be consummated on or around September 29, 2021. Following the consummation of the Business Combination, the common stock and warrants of Shapeways Holdings, Inc. are expected to begin trading on the New York Stock Exchange under the symbols “SHPW” and “SHPW WS,” respectively, on or about September 30, 2021.

 

Forward-Looking Statements

 

This report contains, and certain oral statements made by representatives of Galileo and Shapeways and their respective affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Galileo’s and Shapeways’ actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Galileo’s and Shapeways’ expectations with respect to future performance of Shapeways and the satisfaction of the closing conditions to the Transaction. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside the control of Galileo and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (2) a default by one or more of the investors in the private investment in Galileo on its commitment, and Galileo's failure to retain sufficient cash in its trust account or find replacement financing in order to meet the $100 million minimum cash condition in the Merger Agreement; (3) the inability to consummate the Transaction, including due to failure to meet conditions to the closing in the Merger Agreement; (4) the timing of the commencement of trading of Shapeways Holdings, Inc.’s securities on NYSE following the Transaction; (5) the ability to recognize the anticipated benefits of the Transaction, which may be affected by, among other things, competition, the ability of Shapeways to grow and manage growth economically and hire and retain key employees; (6) costs related to the Transaction; (7) changes in applicable laws or regulations; (8) the effect of the COVID-19 pandemic on Galileo or Shapeways and their ability to consummate the Transaction; (9) the possibility that Galileo or Shapeways may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties identified in the registration statement on Form S-4, which the SEC has declared effective as of September 7, 2021, including those under “Risk Factors” therein, and in other filings with the SEC made by Galileo. Galileo and Shapeways caution that the foregoing list of factors is not exclusive, and caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Neither Galileo nor Shapeways undertakes or accepts any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law.

 

Readers are referred to the most recent reports filed with the SEC by Galileo.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: September 28, 2021  
   
  GALILEO ACQUISITION CORP.
     
  By: /s/ Luca Giacometti
    Name: Luca Giacometti
    Title: Chief Executive Officer and Chairman

 

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