# EDGAR Filing Document

**Accession Number:** 0001844389
**File Stem:** 0001213900-23-016476
**Filing Date:** 2023-3
**Character Count:** 11107
**Document Hash:** e378fdef086937330acf28ea89c1a0cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-016476.hdr.sgml**: 20230302

**ACCESSION NUMBER**: 0001213900-23-016476

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230302

**DATE AS OF CHANGE**: 20230302

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ace Global Business Acquisition Ltd
- **CENTRAL INDEX KEY:** 0001844389
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40309
- **FILM NUMBER:** 23696651

**BUSINESS ADDRESS:**
- **STREET 1:** 6/F UNIT B, CENTRAL 88
- **STREET 2:** 88-98 DES VOEUX ROAD CENTRAL
- **CITY:** HONG KONG
- **STATE:** F4
- **ZIP:** 00000
- **BUSINESS PHONE:** 85290867042

**MAIL ADDRESS:**
- **STREET 1:** 6/F UNIT B, CENTRAL 88
- **STREET 2:** 88-98 DES VOEUX ROAD CENTRAL
- **CITY:** HONG KONG
- **STATE:** F4
- **ZIP:** 00000

**United States**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 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): **March 2, 2023**

**<u>ACE GLOBAL BUSINESS ACQUISITION LIMITED</u>**

(Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **British Virgin Islands** | **001-40309** | **n/a** |
| (State or other jurisdiction<br> of incorporation)  | (Commission File Number) | (I.R.S. Employer<br> Identification No.)  |

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| |
|:---|
| **Rm. 806, 8/F, Tower 2, Lippo Centre, No. 89 Queensway,**<br> **Admiralty, Hong Kong** |
| (Address of Principal Executive Offices)<br>|

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**Registrant's telephone number, including area code: +(852) 2151 5198 / 2151 5598** 

**Former name or former address, if changed since last report: N/A**

**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))

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

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Units, each consisting of one Ordinary Share, par value $0.001 per share, and one Redeemable Warrant entitling the holder to receive one Ordinary Share | ACBAU | Nasdaq Capital Market |
| Ordinary Shares | ACBA | Nasdaq Capital Market |
| Warrants | ACBAW | Nasdaq Capital Market |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

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 1.01 Entry into Material Definitive Agreements.**

On March 2, 2023, Ace Global Business Acquisition Limited ("Parent") entered into a joinder agreement (the "Joinder Agreement") with (i) ACBA Merger Sub I Limited, a wholly owned subsidiary of Parent ("Purchaser"); (ii) ACBA Merger Sub II Limited, a wholly owned subsidiary of Purchaser ("Merger Sub"); and (iii) LE Worldwide Limited (the "Company"). Pursuant to the Joinder Agreement, Purchaser and Merger Sub have each agreed to (a) become a party to that certain agreement and plan of merger (the "Merger Agreement") dated as of December 23, 2022, entered into by and between Parent and the Company, and (b) be fully bound by, and subject to, all of the covenants, terms, representations, warranties, rights, obligations and conditions of the Merger Agreement as though an original party thereto.

The foregoing description of the Joinder Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Joinder Agreement, which has been filed herewith as Exhibit 2.1.

**Item 9.01. Financial Statements and Exhibits**

**(d) Exhibit.**

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 2.1 | [Joinder Agreement dated as of March 2, 2023](ea174554ex2-1_aceglobal.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURES**

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.

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| | |
|:---|:---|
| Dated: March 2, 2023 | Dated: March 2, 2023 |
| Ace Global Business Acquisition Limited | Ace Global Business Acquisition Limited |
| By: | /s/ Eugene Wong |
| Name: | Eugene Wong |
| Title: | Chief Executive Officer |

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## Exhibit 2.1

**Exhibit 2.1**

**JOINDER AGREEMENT**

This JOINDER AGREEMENT, made and entered into as of March 2, 2023 (this "<u>Joinder Agreement</u>"), by and among Ace Global Business Acquisition Limited, a British Virgin Islands business company ("<u>Parent</u>"), LE Worldwide Limited, a British Virgin Islands business company (the "<u>Company</u>"), ACBA Merger Sub I Limited, a British Virgin Islands business company and wholly owned subsidiary of the Parent ("<u>Purchaser</u>") and ACBA Merger Sub II Limited, a British Virgin Islands business company and wholly owned subsidiary of Purchaser ("<u>Merger Sub</u>"). Reference is made to that certain agreement and plan of merger (the "<u>Merger Agreement</u>"), dated as of December 23, 2022, entered into by and between Parent and the Company. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Merger Agreement.

WHEREAS, Purchaser was formed on December 28, 2022 for the sole purpose of the merger of Parent with and into Purchaser, in which Purchaser will be the surviving entity;

WHEREAS, Merger Sub was formed on December 29, 2022 for the sole purpose of merging with and into the Company, with the Company being the surviving entity and becoming a wholly-owned subsidiary of Purchaser;

WHEREAS, pursuant to <u>Section 7.10</u> of the Merger Agreement, Purchaser and Merger Sub are required to execute and deliver this Joinder Agreement;

WHEREAS, the parties hereto desire to execute this Joinder Agreement pursuant to which each of Purchaser and Merger Sub shall become party to the Merger Agreement; and

WHEREAS, the parties hereto desire to modify solely those provisions of the Merger Agreement as expressly set forth herein;

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Joinder Agreement hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Agreement to be Bound</u>. Each of Purchaser and Merger Sub hereby agrees that upon execution of this Joinder Agreement, it shall become a party to the Merger Agreement and shall be fully bound by, and subject to, all of the covenants, terms, representations, warranties, rights, obligations and conditions of the Merger Agreement as though an original party thereto. Each of Parent and the Company consent to such joinder and the resulting amendment to the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Successors and Assigns</u>. This Joinder Agreement shall be binding upon, enforceable by and inure to the benefit of the parties and their respective successors and assigns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Entire Agreement</u>. This Joinder Agreement represents the entire agreement between the parties hereto with respect to the subject matter hereof and, except as expressly provided in this Joinder Agreement or the Merger Agreement, supersedes all prior negotiations, representations or agreements, either oral or written, with respect to such subject matter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Counterparts</u>. This Joinder Agreement may be executed in separate counterparts each of which shall be an original and all of which taken together shall constitute one and the same agreement. This Joinder Agreement may be executed and delivered by facsimile or electronic transmission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Governing Law</u>. This Joinder Agreement and any claim, controversy or dispute arising under or related to this Joinder Agreement shall be governed by and construed in accordance with the laws of the State of Delaware applicable to contracts made and to be performed wholly within such State (including in respect of the statute of limitations or other limitations period applicable hereto), and without regard to the conflicts of laws principles thereof. Any dispute relating to this Agreement shall be resolved in accordance with the Dispute Resolution provisions set forth in Article XIII of the Merger Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Headings</u>. The headings contained in this Joinder Agreement are for convenience of reference only and shall not be deemed to alter or affect any provision hereof.

[*signature pages follow*]

IN WITNESS WHEREOF, the parties hereto have caused this Joinder Agreement to be effective as of the date first written above.

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| | |
|:---|:---|
| **PARENT:** | **PARENT:** |
| Ace Global Business Acquisition Limited, a British Virgin Islands business company | Ace Global Business Acquisition Limited, a British Virgin Islands business company |
| By: | /s/ Eugene Wong |
| Name: | Eugene Wong |
| Title: | CEO and Chairman of the Board |
| **COMPANY:** | **COMPANY:** |
| LE Worldwide Limited, a British Virgin Islands business company | LE Worldwide Limited, a British Virgin Islands business company |
| By: | /s/ Lo Yeung Man Teddy |
| Name: | Lo Yeung Man Teddy |
| Title: | CEO |
| **PURCHASER:** | **PURCHASER:** |
| ACBA Merger Sub I Limited, a British Virgin Islands business company | ACBA Merger Sub I Limited, a British Virgin Islands business company |
| By: | /s/ Eugene Wong |
| Name: | Eugene Wong |
| Title: | Sole Director |
| **MERGER SUB:** | **MERGER SUB:** |
| ACBA Merger Sub II Limited, a British Virgin Islands business company | ACBA Merger Sub II Limited, a British Virgin Islands business company |
| By: | /s/ Eugene Wong |
| Name: | Eugene Wong |
| Title: | Sole Director |

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