Item 8.01. Other Events.

On November 29, 2021, AerSale Corporation (the "Company") issued a press release announcing the redemption of all of its outstanding public warrants to purchase shares of the Company's common stock that were issued under the Warrant Agreement dated as of February 6, 2019 (the "Warrant Agreement"), by and between the Company (f/k/a Monocle Acquisition Corporation), a Delaware corporation, and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent (the "Warrant Agent"), as part of the units sold in the Company's initial public offering (the "IPO"). A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.

A copy of the Notice of Redemption delivered by the Company is filed as Exhibit 99.2 hereto and is incorporated herein by reference. In accordance with Section 3.3.1(b) of the Warrant Agreement, the Company's board of directors has elected to require that, following delivery of this Notice of Redemption, all public warrants be exercised only on a cashless basis. Warrants to purchase shares of common stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO and are still held by the initial holders or their permitted transferees are not subject to this Notice of Redemption.

None of this Current Report on Form 8-K, the press release attached hereto as Exhibit 99.1 or the Notice of Redemption attached hereto as Exhibit 99.2 constitutes an offer to sell or the solicitation of an offer to buy any of the Company's securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits




Exhibit No.                                 Description
99.1                 Press Release of AerSale Corporation, dated November 29,
                   2021
99.2                 Notice of Redemption, dated November 29, 2021
104                Cover Page Interactive Data File (embedded within the Inline
                   XBRL document).

© Edgar Online, source Glimpses