Item 8.01 Other Events.
On July 20, 2022, stockholders holding 4,406,322 shares of FoxWayne Enterprises
Acquisition Corp.'s (the "Company's") Class A Common Stock exercised their right
to redeem such shares for a pro rata portion of the funds in the Company's trust
account (the "Trust Account").
In addition, the board of directors (the "Board") of the Company approved an
extension (the "Extension") of the time for the Company to consummate a business
combination by an additional three month period from July 22, 2022 to October
22, 2022 pursuant to the Company's Second Amended and Restated Certificate of
Incorporation, as amended, effective as of July 20, 2022. In connection with the
Extension, the Company funded a cash contribution to the Trust Account in the
amount of $16,795.98 (the "Deposit") (based on $0.0125 for each share unit
issued in the Company's initial public offering that was outstanding at the time
the Extension was approved by the Board).
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