# EDGAR Filing Document

**Accession Number:** 0001853651
**File Stem:** 0001213900-23-001404
**Filing Date:** 2023-1
**Character Count:** 17680
**Document Hash:** 7d59a55864b67a964a852e3fcb52c11c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-001404.hdr.sgml**: 20230106

**ACCESSION NUMBER**: 0001213900-23-001404

**CONFORMED SUBMISSION TYPE**: 425

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230106

**DATE AS OF CHANGE**: 20230106

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alpine Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001853651
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **IRS NUMBER:** 861957639
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 425
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40765
- **FILM NUMBER:** 23515482

**BUSINESS ADDRESS:**
- **STREET 1:** 10141 N. CANYON VIEW LANE
- **CITY:** FOUNTAIN HILLS
- **STATE:** AZ
- **ZIP:** 85268
- **BUSINESS PHONE:** (212) 818-8800

**MAIL ADDRESS:**
- **STREET 1:** 10141 N. CANYON VIEW LANE
- **CITY:** FOUNTAIN HILLS
- **STATE:** AZ
- **ZIP:** 85268
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alpine Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001853651
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **IRS NUMBER:** 861957639
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 425

**BUSINESS ADDRESS:**
- **STREET 1:** 10141 N. CANYON VIEW LANE
- **CITY:** FOUNTAIN HILLS
- **STATE:** AZ
- **ZIP:** 85268
- **BUSINESS PHONE:** (212) 818-8800

**MAIL ADDRESS:**
- **STREET 1:** 10141 N. CANYON VIEW LANE
- **CITY:** FOUNTAIN HILLS
- **STATE:** AZ
- **ZIP:** 85268

**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): <u>January 6, 2023</u>

ALPINE ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in Charter)

<u>Delaware</u> <u>001-40765</u> <u>86-1957639</u> <br> (State or Other Jurisdiction (Commission File Number) (IRS Employer <br> of Incorporation) Identification No.)

10141 N. Canyon View Lane

Fountain Hills, Arizona 85268

(Address of Principal Executive Offices) (Zip Code)

(703) 899-1028

(Registrant's Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

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 (*see* General Instruction A.2. below):

&nbsp;&nbsp;&nbsp;&nbsp;☒ 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:**

---

| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Units, each consisting of one share of common stock and one-half of one redeemable warrant** | **REVEU** | **The Nasdaq Stock Market LLC** |
| **Common stock, par value $0.0001 per share** | **REVE** | **The Nasdaq Stock Market LLC** |
| **Redeemable warrants, exercisable for common stock at an exercise price of $11.50 per share** | **REVEW** | **The Nasdaq Stock Market LLC** |

---

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 ☒

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 7.01 Regulation FD Disclosure**

As previously disclosed, Alpine Acquisition Corporation, a Delaware corporation ("<u>Alpine</u>"), has entered into an Agreement and Plan of Merger (the "<u>Merger Agreement</u>") with AAC Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Alpine ("<u>Merger Sub</u>"), and Two Bit Circus, Inc., a Delaware corporation ("<u>TBC</u>"). Pursuant to the Merger Agreement, Merger Sub will merge with and into TBC, with TBC surviving the merger as a wholly-owned subsidiary of Alpine (the "<u>Merger</u>"). As a result of the Merger, and upon consummation of the Merger and the other transactions contemplated by the Merger Agreement including the Hotel Purchase (as defined below) (together with the Merger, the "<u>Transactions</u>" or "<u>Business Combination</u>"), TBC will become a wholly-owned subsidiary of Alpine and the stockholders of TBC will become stockholders of Alpine. TBC is a Los Angeles-based experiential entertainment company that is affiliated with certain members of Alpine's management team.

Concurrently with the execution of the Merger Agreement as contemplated therein, Alpine entered into a Purchase and Sale Agreement (the "<u>Hotel Purchase Agreement</u>" and collectively with the Merger Agreement the "<u>Business Combination Agreements</u>") with Pool IV Finance LLC, Pool IV TRS LLC and PHF II Stamford LLC ("<u>Hotel Sellers</u>") pursuant to which Alpine will purchase (the "<u>Hotel Purchase</u>") the Hilton Stamford Hotel & Executive Meeting Center and the Crowne Plaza Denver Airport Convention Center Hotel (collectively, the "<u>Hotels</u>") simultaneously with the closing of the Merger.

Attached as Exhibit 99.1 to this Current Report is the transcript of an investor video that will be used to discuss the Transactions with certain of Alpine's stockholders and other persons interested in purchasing Alpine's securities in connection with the Transactions.

The information set forth in this Item 7.01, including the exhibit attached hereto, is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.

**<u>Cautionary Note Regarding Forward Looking Statements</u>**

None of Alpine, TBC, Hotel Sellers, or any of their respective affiliates makes any representation or warranty as to the accuracy or completeness of the information contained in this Current Report on Form 8-K. This Current Report on Form 8-K is not intended to be all-inclusive or to contain all the information that a person may desire in considering the proposed Transactions discussed herein. It is not intended to form the basis of any investment decision or any other decision in respect of the proposed Transactions.

This Current Report on Form 8-K and the exhibit furnished herewith includes "forward-looking statements" within the meaning of the federal securities laws with respect to the proposed transactions between Alpine and TBC and Hotel Sellers respectively, including statements regarding the benefits of the transaction, the anticipated timing of the Transactions, the business of TBC and the markets in which it and the Hotels operate. Actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements generally are identified by the words "aspire," "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "will be," "will continue," "will likely result," "could," "should," "believe(s)," "predicts," "potential," "continue," "future," "opportunity," "strategy," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Alpine's, TBC's, and Hotel Sellers' expectations with respect to future performance and anticipated financial impacts of the proposed Transactions.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Alpine's, TBC's, and Hotel Sellers' control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the risk that the benefits of the Business Combination may not be realized; the risk that the Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of Alpine's securities; the failure to satisfy the conditions to the consummation of the Business Combination, including the failure of Alpine's stockholders to approve and adopt the Merger Agreement or the failure of Alpine to satisfy the Minimum Cash Condition following redemptions by its stockholders; the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement or Hotel Purchase Agreement; the outcome of any legal proceedings that may be initiated following announcement of the Business Combination; any issue regarding the combined company's continued listing on a national securities exchange after Closing; the risk that the proposed Transactions disrupt current plans and operations of TBC as a result of the announcement and consummation of the Business Combination; costs related to the Business Combination; changes in applicable laws or regulations; the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; the impact of COVID-19 or other adverse public health developments; and other risks and uncertainties that will be detailed in the Proxy Statement/Prospectus (as defined below) and as indicated from time to time in Alpine's filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

Alpine, TBC, and Hotel Sellers caution that the foregoing list of factors is not exclusive. Alpine, TBC, and Hotel Sellers caution readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. None of Alpine, TBC, or Hotel Seller undertake or accept 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.

**<u>Additional Information and Where to Find It</u>**

This document is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transaction and does not constitute an offer to sell, buy, or exchange or the solicitation of an offer to sell, buy, or exchange any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, purchase, or exchange of securities or solicitation of any vote or approval in any jurisdiction in contravention of applicable law.

In connection with the proposed transactions between Alpine and TBC and Hotel Sellers respectively, Alpine has filed with the SEC a registration statement on Form S-4 which includes New TBC's prospectus as well as Alpine's proxy statement (the "<u>Proxy Statement/Prospectus</u>"). Alpine plans to mail the definitive Proxy Statement/Prospectus to its stockholders in connection with the transaction. INVESTORS AND SECURITYHOLDERS OF Alpine ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ALPINE, TBC, THE HOTELS, THE TRANSACTION AND RELATED MATTERS. Investors and securityholders will be able to obtain free copies of the Proxy Statement/Prospectus (when available) and other documents filed with the SEC by New TBC and Alpine through the website maintained by the SEC at www.sec.gov. In addition, investors and securityholders will be able to obtain free copies of the documents filed with the SEC on Alpine's website at https://alpineacquisitioncorp.com/investors or by directing a written request to Alpine at 10141 N. Canyon View Lane, Fountain Hills, Arizona 85268.

**<u>Participants in the Solicitation</u>**

Alpine, TBC, and certain of their respective directors, executive officers, and employees may be considered to be participants in the solicitation of proxies in connection with the transaction. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders of Alpine in connection with the transaction, including a description of their respective direct and indirect interests, by security holdings or otherwise, is included in the Proxy Statement/Prospectus described above. Additional information regarding Alpine's directors and executive officers can also be found in Alpine's final prospectus dated August 19, 2021 and declared effective by the SEC on August 30, 2021. These documents are available free of charge as described above.

**<u>Non-GAAP Financial Information</u>**

Some of the financial information and data contained in the exhibit furnished herewith does not conform to SEC Regulation S-X in that it includes certain financial information not derived in accordance with GAAP. Accordingly, such information and data will be adjusted and presented differently in the Proxy Statement/Prospectus. Alpine and TBC believe that the presentation of non-GAAP measures provides information that is useful to investors as it indicates more clearly the ability of TBC to meet capital expenditures and working capital requirements and otherwise meet its obligations as they become due and facilitates comparison of the results of its business operations between its current, past, and projected future periods.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits:

---

| | |
|:---|:---|
| **Exhibit** | **Description** |
| 99.1 | [Video Transcript](ea171348ex99-1_alpine.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**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: January 6, 2023

---

| | | |
|:---|:---|:---|
| **ALPINE ACQUISITION CORPORATION** | **ALPINE ACQUISITION CORPORATION** | **ALPINE ACQUISITION CORPORATION** |
| By: | /s/ Kim Schaefer | /s/ Kim Schaefer |
|  | Name: | Kim Schaefer |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

First Scene: "A New World Class Family Entertainment Brand" over a color scene of an actual Two Bit Circus play area

Fourth Scene: Dallas Skyline with the words "Two Bit Circus Dallas" across the image

Fifth Scene: Images of an Artist's conception of the "REVEL Circus Grounds" inside a building

Sixth Scene: The heading "Experiential Overnight Stays", with the caption "TWO Full -Service Conference Hotels"

Seventh Scene: Images of the Crown Plaza in Denver and the Hilton in Stanford with the caption "Two Full Service Conference Hotels"

Eighth Scene: Title of "$250 to $300 Average Daily Rate" with the captions of "Rate is Driven on Exclusive Entertainment" and " Occupancy is driven by experience and scarcity of similar experiences"

Ninth Scene: Artist's conception titled "Play Area" with the caption "Immersive Game throughout the Resorts", and a second caption "Battle for the Bigtop"

Tenth Scene: Titled "Interactive Story Game Characters REVEL and Tallie, our Heros" with male and female cartoon characters in the scene.

Eleventh Scene: "Interactive Story Game Characters, Circus BOT leaders" with illustrated Characters on the scene.

Twelfth Scene: "Roustabouts" with cartoon images of various characters

Thirteenth Scene: "Zero and MTS" with cartoon images of various characters

Fourteenth Scene: "Interactive Lobby" with an Artist's conception drawing

Fifteenth Scene: "REVEL's Circus Wagon" with illustration of large circus wagon with the words "Digital Story Time" on it.

Sixteenth Scene: Titles of various possible Food, Beverage and Retail brands listed with possible logos for the following names: "Cannonball Candy, Fire Eaters-Char broiled Grill, Plate Spinners Pizza, High Wired Coffee Shop, REVEL's Shop, The Boxcar Cafe,Strong Man Fitness, Battle for the BigTop".

Seventeenth Scene: "Themed Family Suites" with Illustrations of two types of rooms

Ninteenth Scene: "Educational Steam Activities" with images of children playing on a machine

Twentieth Scene: "Circus Grounds" with the caption "Minimum 35,000 sq ft of play space".

Twenty-first Scene: "Multi play experiences for families, kids and adults" with various game images on the scene.

Twenty-second Scene: "Experienced Management Team" with color background of a circus ground illustration.

Twenty-third Scene: "+ Two Bit Circus Game Play and Intellectual Property + two conference center hotels" with color background of a circus ground illustration.

End video.