L Catterton Asia Acquisition : Material Event - Form 8-K

Item 8.01 Other Events.

As previously disclosed, at the extraordinary general meeting of shareholders of L Catterton Asia Acquisition Corp (the "Company") held on March 10, 2023, the Company's shareholders approved the proposal to amend the Company's amended and restated memorandum and articles of association (a) to extend the date (the "Termination Date") by which the Company must (i) consummate a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to as our initial business combination, (ii) cease its operations except for the purpose of winding up if it fails to complete such initial business combination, and (iii) redeem all of the Class A ordinary shares, par value $0.0001 per share, of the Company included as part of the units sold in the Company's initial public offering that was consummated on March 15, 2021 if it fails to complete such initial business combination, from March 15, 2023 to June 15, 2023, and (b) to allow the board of directors of the Company (the "Board"), without a shareholders' vote, to elect to further extend the Termination Date up to nine times, by an additional month each time, upon five days' advance written notice to the shareholders of the Company prior to the applicable deadline, up to March 15, 2024 (or such earlier date as determined by the Board in its sole discretion). On June 5, 2023, the Board approved the extension of the Termination Date for one additional month to July 15, 2023 (the "Second Extension"), and authorized the extension committee of the Board (the "Extension Committee") to approve further extensions of the Termination Date for up to eight additional one-month periods, from July 15, 2023 to March 15, 2024.In connection with the Second Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on June 15, 2023. On July 5, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to August 15, 2023 (the "Third Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Third Extension was noticed to shareholders on July 10, 2023. In connection with the Third Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on July 20, 2023. On August 8, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to September 15, 2023 (the "Fourth Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Fourth Extension was noticed to shareholders on August 10, 2023. In connection with the Fourth Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on August 17, 2023. On September 5, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to October 15, 2023 (the "Fifth Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Fifth Extension was noticed to shareholders on September 8, 2023. In connection with the Fifth Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on September 15, 2023. On October 5, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to November 15, 2023 (the "Sixth Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Sixth Extension was noticed to shareholders on October 10, 2023. In connection with the Sixth Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on October 17, 2023. On November 6, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to December 15, 2023 (the "Seventh Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Seventh Extension was noticed to shareholders on November 9, 2023. In connection with the Seventh Extension, LCA Acquisition Sponsor, LP or its designee or affiliate deposited into the trust account $330,000 on November 15, 2023.

On December 6, 2023, the Extension Committee approved the extension of the Termination Date for one additional month to January 15, 2024 (the "Eighth Extension") pursuant to its authorization from the Board. The Extension Committee's approval of the Eighth Extension was noticed to shareholders on December 8, 2023. In connection with the Eighth Extension, LCA Acquisition Sponsor, LP or its designee or affiliate expects to deposit into the trust account $330,000 within five business days following December 15, 2023.