Item 8.01. Other Events.
On November 15, 2021, Chain Bridge I (the "Company") consummated an initial
public offering (the "IPO") of 23,000,000 units (the "Units"), including
3,000,000 Units issued pursuant to the exercise of the underwriters'
over-allotment option. Each Unit consists of one of the Company's Class A
ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares"),
and one-half of one redeemable warrant (the "Public Warrants"), each whole
Public Warrant entitling the holder thereof to purchase one Class A Ordinary
Share at an exercise price of $11.50 per share, subject to adjustment. As
previously reported on a Current Report on Form 8-K of the Company, on
November 15, 2021 , simultaneously with the consummation of the IPO, the
Company completed a private placement of an aggregate of 10,550,000 warrants
(the "Private Placement Warrants") at a price of $1.00 per Private Placement
Warrant, generating total gross proceeds of $10,550,000 (the "Private
Placement"). The Company also executed a promissory note with CB Co-Investment
LLC ("CB Co-Investment"), evidencing a loan to the Company in the aggregate
amount of $1,150,000 (the "CB Co-Investment Loan"). The CB Co-Investment Loan
shall be repaid or converted into warrants (the "CB Co-Investment Loan
Warrants") at a conversion price of $1.00 per warrant, at CB Co-Investment's
discretion. The CB Co-Investment Loan Warrants will be identical to the Private
Placement Warrants. The net proceeds from the IPO, together with certain of the
proceeds from the Private Placement and the CB Co-Investment Loan, $234,600,000
in the aggregate (the "Offering Proceeds"), were placed in a U.S.-based trust
account at J.P. Morgan Chase Bank, N.A., established for the benefit of the
Company's public shareholders with Continental Stock Transfer & Trust Company
acting as trustee.
An audited balance sheet as of November 15, 2021 reflecting receipt of the
Offering Proceeds has been issued by the Company and is included as Exhibit 99.1
to this Current Report on Form 8-K.
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CHAIN BRIDGE I 
