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OFFON

FORUM MERGER IV CORPORATION

(FMIVU)
Delayed Quote. Delayed Nasdaq - 05/07 03:58:52 pm
10 USD   -0.10%
04/16FORUM MERGER IV CORP  : Other Events (form 8-K)
AQ
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FORUM MERGER IV CORP : Other Events (form 8-K)

04/16/2021 | 04:08pm EDT
Item 8.01. Other Events.



As previously reported on a Current Report on Form 8-K of Forum Merger IV Corporation (the "Company"), on March 22, 2021, the Company consummated its initial public offering ("IPO") of 30,000,000 units (the "Units"). Each Unit consists of one share of the Company's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), and one-fourth of one redeemable warrant of the Company (each whole warrant, a "Warrant"), with each Warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share, subject to adjustment. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $300,000,000. The underwriters of the IPO (the "Underwriters") were granted a 45-day option to purchase up to 4,500,000 additional Units to cover over-allotments, if any. On March 30, 2021, the Underwriters exercised the over-allotment option in part and purchased an additional 3,601,509 Units (the "Over-Allotment Units"), generating gross proceeds of $36,015,090.

As previously reported on a Current Report on Form 8-K of the Company, on March 22, 2021, simultaneously with the closing of the IPO, the Company completed the private sale of 930,000 units (the "Private Placement Units"). 780,000 of the Private Placement Units were sold to Forum Investors IV LLC (the "Sponsor") and 150,000 Private Placement Units were sold to Jefferies LLC at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $9,300,000. On March 30, 2021, simultaneously with the sale of the Over-Allotment Units, the Company completed the private sale of 72,031 additional Private Placement Units, consisting of 54,023 Private Placement Units sold to the Sponsor and 18,008 Private Placement Units sold to Jefferies LLC, generating gross proceeds of $720,310.

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© Edgar Online, source Glimpses

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04/16FORUM MERGER IV CORP  : Other Events (form 8-K)
AQ
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Managers and Directors
NameTitle
Marshall Kiev President, Co-Chief Executive Officer & Director
David B. Boris Co-Chief Executive Officer, CFO & Director
Neil Goldberg Independent Director
Richard Katzman Independent Director
Steven David Berns Independent Director
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