# EDGAR Filing Document

**Accession Number:** 0001842912
**File Stem:** 0001213900-23-012902
**Filing Date:** 2023-2
**Character Count:** 8393
**Document Hash:** ea158ba48911aabfdec89c9665152d02
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-012902.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001213900-23-012902

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230217

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FTAC Hera Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001842912
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40156
- **FILM NUMBER:** 23643229

**BUSINESS ADDRESS:**
- **STREET 1:** 2929 ARCH STREET STE 1703
- **CITY:** QUAKERTOWN
- **STATE:** PA
- **ZIP:** 19104
- **BUSINESS PHONE:** 4844593476

**MAIL ADDRESS:**
- **STREET 1:** 2929 ARCH STREET STE 1703
- **CITY:** QUAKERTOWN
- **STATE:** PA
- **ZIP:** 19104

?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): February 17, 2023

**<u>FTAC HERA ACQUISITION CORP.</u>**

(Exact name of registrant as specified in its charter)

<u>Cayman Islands</u> <u>001-40156</u> <u>98-1579435</u> <br> (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number)

<u> 2929 Arch Street, Suite 1703 Philadelphia, PA</u> <u>19104</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (215) 701-9555

**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 to 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:**

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant** | **HERAU** | **NASDAQ Capital Market** |
| **Class A ordinary shares, par value $0.0001 per share** | **HERA** | **NASDAQ Capital Market** |
| **Warrants, each whole warrant exercisable for one Class A ordinary share** | **HERAW** | **NASDAQ Capital Market** |

---

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 8.01. Other Events.**

On February 17, 2023, FTAC Hera Acquisition Corp. (the "Company") issued a press release announcing that it will redeem all of its outstanding Class A ordinary shares that were included in the units issued in its initial public offering, effective as of the close of business on March 8, 2023, as the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release dated February 17, 2023](ea173861ex99-1_ftachera.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: February 17, 2023 | **FTAC HERA ACQUISITION CORP.** | **FTAC HERA ACQUISITION CORP.** |
|  | By: | /s/ Daniel G. Cohen |
|  | Name: | Daniel G. Cohen |
|  | Title: | President and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**FTAC Hera Acquisition Corp. Announces it Will Redeem its Public Shares** 

PHILADELPHIA, PA, Feb. 17, 2023 (GLOBE NEWSWIRE) -- FTAC Hera Acquisition Corp. (NASDAQ:HERA) (the "Company"), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Charter"), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, effective as of the close of business on March 8, 2023, and will redeem all of the outstanding Class A ordinary shares that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.17.

As of the close of business on March 8, 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, less $100,000 of interest to pay dissolution expenses and net of taxes payable, 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 March 8, 2023.

The Company's sponsors have agreed to waive their redemption rights with respect to their ordinary shares. 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 "Commission") 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. The Company anticipates that the Public Shares, as well as the Company's publicly traded units and warrants, will cease trading as of the close of business on March 7, 2023.

**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 annual report on Form 10-K 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 www.sec.gov. 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 Information:**

Mehar Jagota<br> mehar@cohencircle.com<br> (484)-995-3030