Item 8.01 Other Events.
On January 26, 2021, Jack Creek Investment Corp. (the "Company") consummated its
initial public offering (the "IPO") of 34,500,000 units (the "Units"), including
the issuance of 4,500,000 Units as a result of the underwriters' exercise of
their over-allotment option. Each Unit consists of one Class A ordinary share of
the Company, par value $0.0001 per share ("Class A Ordinary Shares"), and
one-half of one redeemable warrant of the Company, each whole warrant entitling
the holder thereof to purchase one Class A Ordinary Share at an exercise price
of $11.50 per share. The Units were sold at a price of $10.00 per unit,
generating gross proceeds to the Company of $345,000,000.
Substantially concurrently with the consummation of the IPO, the Company
completed the private sale (the "Private Placement") of 9,400,000 warrants (the
"Private Placement Warrants") at a purchase price of $1.00 per Private Placement
Warrant, to the Company's sponsor, JCIC Sponsor LLC, generating gross proceeds
to the Company of approximately $9,400,000.
A total of $345,000,000, comprised of $338,100,000 of the proceeds from the IPO,
including approximately $12,075,000 of the underwriters' deferred discount, and
$6,900,000 of the proceeds of the sale of the Private Placement Warrants, were
placed in a trust account maintained by Continental Stock Transfer & Trust
Company, acting as trustee. An audited balance sheet as of January 26, 2021
reflecting receipt of the proceeds upon consummation of the IPO and the Private
Placement has been issued by the Company and is included as Exhibit 99.1 to this
Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit
No. Description of Exhibits
99.1 Audited Balance Sheet, as of January 26, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
2
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
JACK CREE 
