# EDGAR Filing Document

**Accession Number:** 0001863428
**File Stem:** 0001104659-23-009010
**Filing Date:** 2023-2
**Character Count:** 12450
**Document Hash:** 1db996042691c31ec9443d7cdee4cec0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-009010.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001104659-23-009010

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230131

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Seaport Calibre Materials Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001863428
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 863426874
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40975
- **FILM NUMBER:** 23574910

**BUSINESS ADDRESS:**
- **STREET 1:** 360 MADISON AVENUE, 20TH FLOOR
- **CITY:** NEW YORK CITY
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-616-7700

**MAIL ADDRESS:**
- **STREET 1:** 360 MADISON AVENUE, 20TH FLOOR
- **CITY:** NEW YORK CITY
- **STATE:** NY
- **ZIP:** 10017

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or Section 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 31, 2023**

**SEAPORT CALIBRE MATERIALS ACQUISITION CORP.**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Delaware** | **001-40975** | **86-3426874** |
| **(State or other jurisdiction of<br> incorporation or organization)** | **(Commission<br> File Number)** | **(I.R.S. Employer<br> Identification Number)** |

---

---

| | |
|:---|:---|
| **360 Madison Avenue, 20th Floor**<br>**New York, NY** | **10017** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

**(212) 616-7700**

**(Registrant's telephone number, including area code)**

 **Not Applicable**

**(Former name, former address and former fiscal year, 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:

☐ 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 Securities Exchange Act of 1934:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange on<br> which registered** |
| &nbsp;&nbsp;&nbsp;&nbsp;Units, each consisting of one share of Class A common stock, $0.0001 par value, and one-half of one redeemable warrant | SCMAU | The Nasdaq Stock Market LLC |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares of Class A common stock, included as part of the units | SCMA | The Nasdaq Stock Market LLC |
| &nbsp;&nbsp;&nbsp;&nbsp;Redeemable warrants included as part of the units, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share | SCMAW | 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 or Rule 12b-2 of the Securities Exchange Act of 1934.

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. ◻

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| | |
|:---|:---|
| **Item 5.07** | **Submission of Matters to a Vote of Security Holders.** |

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On January 31, 2023, Seaport Calibre Materials Acquisition Corp. (the "Company") held a special meeting to approve the Extension Amendment Proposal, the Trust Amendment Proposal (collectively, the "Extension Proposals") and the Adjournment Proposal, each as more fully described in its definitive proxy statement, filed with United States Securities and Exchange Commission (the "Commission") on January 13, 2023. As there were sufficient votes to approve the Extension Proposals, the Adjournment Proposal was not presented to stockholders.

Holders of 13,473,337 shares of common stock of the Company held of record as of January 5, 2023, the record date for the Extension Meeting, were present in person or by proxy, representing approximately 82.91% of the voting power of the Company's shares of common stock as of the record date for the Extension Meeting, and constituting a quorum for the transaction of business.

The voting results for the Extension Proposals were as follows:

<u>Proposal No. 1: The Extension Amendment Proposal:</u> To amend the Company's amended and restated certificate of incorporation by allowing the Company to extend the date by which it has to consummate a business combination for an additional six (6) months, from February 1, 2023 to August 1, 2023, or such earlier date as determined by the Board, or, if it fails to do so, cease its operations and redeem or repurchase 100% of the shares of the Company's common stock issued in the Company's initial public offering.

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| | | |
|:---|:---|:---|
| **For** | **Against** | **Abstain** |
| 11486917 | 1735478 | 250942 |

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<u>Proposal No. 2 The Trust Amendment Proposal:</u> To amend the Investment Management Trust Agreement, dated October 27, 2021, by and between the Company and Continental Stock Transfer & Company to authorize the Extension and its implementation by the Company.

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| | | |
|:---|:---|:---|
| **For** | **Against** | **Abstain** |
| 11486917 | 1735478 | 250942 |

---

<u>The Adjournment Proposal</u>

The Company had solicited proxies in favor of an Adjournment Proposal which would have given the Company authority to adjourn the Extension Meeting to solicit additional proxies. As sufficient shares were voted in favor of the Extension Proposals, this proposal was not voted upon at the Extension Meeting.

In connection with the vote to approve the Extension Proposals, the holders of 12,466,515 public shares of common stock of the Company properly exercised their right to redeem their shares (and did not withdraw their redemption) for cash at a redemption price of approximately $10.27 per share, for an aggregate redemption amount of approximately $128 million.

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| | |
|:---|:---|
| **Item 8.01.** | **Other Events.** |

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On February 1, 2023, the Company issued a press release announcing that because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "Amended Charter"), the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter and will redeem all of the remaining outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.27.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

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| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

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(d) Exhibits.

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| | |
|:---|:---|
| **Exhibit** | **Description** |
| [99.1](tm235113d1_ex99-1.htm) | [Press Release dated February 1, 2023](tm235113d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

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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: February 1, 2023

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| | |
|:---|:---|
| **Seaport Calibre Materials ACQUISITION CORP.** | **Seaport Calibre Materials ACQUISITION CORP.** |
| By: | /s/ Jim Tumulty |
| Name: | Jim Tumulty |
| Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1** 

**Seaport Calibre Materials Acquisition Corp. Announces It Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination**

NEW YORK, February 1, 2023 – Seaport Calibre Materials Acquisition Corp. (Nasdaq: SCMA) (the "<u>Company</u>") announced today that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "<u>Amended Charter</u>"), the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter, effective as of the close of business on February 1, 2023.

On January 13, 2023, the Company filed with the Securities and Exchange Commission a definitive proxy statement (the "Proxy Statement") in connection with a special meeting of stockholders to consider and vote on certain proposals, including an extension of the date by which the Company has to complete an initial business combination from February 1, 2023 to August 1, 2023 (the "Extension"). As described in the Proxy Statement, the Company is unable to proceed with the Extension because the number of public shares subject to a redemption election will cause the Company to have less than $5,000,001 of net tangible assets following approval of the Extension.

As a result, the Company will redeem all of the outstanding shares of Class A common stock (other than those already redeemed in connection with the Extension) that were included in the units issued in its initial public offering (the "<u>Public Shares</u>"), at a per-share redemption price of approximately $10.27.

As of the close of business on February 1, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.

In order to provide for the disbursement of funds from the trust account, the Company will instruct the trustee of the trust account to take all necessary actions to liquidate the securities held in the trust account. The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares. Record holders will receive their *pro rata* portion of the proceeds of the trust account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Company's transfer agent. Beneficial owners of Public Shares held in "street name," however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days after February 1, 2023.

The Company's sponsor has agreed to waive its redemption rights with respect to its outstanding Class B common stock issued prior to the Company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.

The Company expects that the Nasdaq Stock Market LLC will file a Form 25 with the United States Securities and Exchange Commission (the "<u>Commission</u>") to delist the Company's securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.

Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements." Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's initial public offering filed with the SEC, and subsequent reports filed with the SEC, as amended from time to time. Copies of these documents are available on the SEC's website, at <u>www.sec.gov</u>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

**Contact:**

Seaport Calibre Materials Acquisition Corp.<br> 212-616-7700