Item 1.01. Entry into a Material Definitive Agreement

The information set forth in Item 1.02 below is hereby incorporated by reference into this Item 1.01.

Item 1.02. Termination of a Material Definitive Agreement

As previously disclosed, on November 9, 2021, Rosecliff Acquisition Corp I, a Delaware corporation ("Rosecliff"), entered into a business combination agreement (the "Business Combination Agreement") with GT Gettaxi Limited, a Cyprus corporation ("Gett"), GT Gettaxi Listco, a Cayman Islands corporation, GT Gettaxi SPV, a Cayman Islands exempted company, GT Gettaxi Merger Sub 1, a Cayman Islands exempted company, Gett Merger Sub, Inc., a Delaware corporation, and Dooboo Holding Limited, a Cyprus corporation.

On March 11, 2022, Rosecliff and Gett entered into a Mutual Termination of Business Combination Agreement (the "Termination Agreement"), pursuant to which the parties agreed to mutually terminate the Business Combination Agreement, effective as of March 11, 2022. Following its termination, the Business Combination Agreement is void and there is no liability thereunder on the part of any party thereto except as set forth in the Termination Agreement.

In conjunction with the termination of the Business Combination Agreement, each of the Ancillary Documents (as defined in the Business Combination Agreement), as applicable, has also been terminated in accordance with their respective terms.

The Termination Agreement contains mutual releases by all parties thereto, for all claims known and unknown, relating and arising out of, or relating to, among other things, the Business Combination Agreement, or the transactions contemplated by the Business Combination Agreement, subject to certain exceptions with respect to claims for indemnification or contribution by Rosecliff and Gett.

Rosecliff intends to pursue a business combination with another target.

The foregoing descriptions of the Business Combination Agreement and the Termination Agreement do not purport to be complete and are qualified in their entirety by the terms and conditions of the full text of the Business Combination Agreement, which was previously filed as Exhibit 2.1 to the Current Report on Form 8-K with the U.S. Securities and Exchange Commission by the Company on November 9, 2021, and the full text of the Termination Agreement, which is attached hereto as Exhibit 10.1, each of which is incorporated by reference herein.

Item 7.01. Regulation FD Disclosure.





Press Release


On March 11, 2022, Rosecliff and Gett issued a joint press release announcing the termination of the Business Combination Agreement. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. Such exhibit and the information set forth therein shall not be deemed to be filed for purposes of Section 18 of the Exchange Act, or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.




Exhibit No.   Description
10.1            Termination Agreement, dated as of March 11, 2022, by and between
              Rosecliff Acquisition Corp I and GT Gettaxi Limited.
99.1            Press Release, dated March 11, 2022.
104           Cover Page Interactive Data File (embedded within the XBRL document).




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