Item 2.01. Completion of Acquisition or Disposition of Assets

To the extent required by Item 2.01 of Form 8-K, the disclosure set forth in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; Material Modification to Rights of Security Holders

In connection with the consummation of the Business Combination, on September 28, 2022, Silver Crest notified the Nasdaq Stock Market ("NASDAQ") of the consummation of the Business Combination and (i) requested that NASDAQ suspend trading of the Silver Crest Class A ordinary shares, Silver Crest warrants and Silver Crest units (each as described on the cover page of this Current Report on Form 8-K; collectively, the "Silver Crest Securities"), effective September 28, 2022 and (ii) filed with the SEC a Form 25 to delist the Silver Crest Securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Silver Crest intends to file a certification on Form 15 with the SEC to deregister the Silver Crest Securities and suspend Silver Crest's reporting obligations under Sections 13 and 15(d) of the Exchange Act.

Item 3.03. Material Modifications to Rights of Security Holders

To the extent required by Item 3.03 of Form 8-K, the disclosure set forth in Item 2.01 of this Current Report on Form 8-K is incorporated by reference in this Item 3.03.

Item 5.01. Changes in Control of Registrant

To the extent required by Item 5.01 of Form 8-K, the disclosure set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference in this Item 5.01.

As of the time of the First Merger, Silver Crest became a wholly-owned subsidiary of THIL. As a result of the Business Combination, a change in control of Silver Crest occurred, Silver Crest merged with and into THIL.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

In connection with the consummation of the Business Combination, the following officers and directors of Silver Crest ceased to hold their respective positions: Liang Meng ceased to be Chairman; Christopher Lawrence ceased to be Vice Chairman; Ho Cheung ceased to be Chief Executive Officer and director; and the following individuals also ceased to be directors: Andy Bryant, Mei Tong, Steeve Hagege and Wei Long.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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