Current report filing


Apr. 25, 2023
Document Type 8-K/A
Amendment Flag true
Amendment Description Following the purported notice described in the Current Report on Form 8-K filed May 1, 2023, by letter dated May 3, 2023, Cohen & Company sent Appreciate Holdings, Inc. (the “Company”) a Notice of Default and Early Termination and Notice of Settlement Amount that purports to provide notice of the occurrence of an event of default under the Confirmation Re: OTC Equity Prepaid Forward Transaction dated November 29, 2022.  The notice states, among other things, that the notice is premised on the Company’s failure to pay amounts due as a result of the previously reported VWAP Trigger Event Notice.  The amount of the maturity consideration demanded is described in the May 1, 2023 Form 8-K. Cohen has also demanded reimbursement of a portion of their out of pocket costs. The full text of the purported notice, and notice of settlement amount, is set out in Exhibits 99.1 and 99.2 attached hereto and incorporated herein by reference.
Document Period End Date Apr. 25, 2023
Entity File Number 001-39758
Entity Registrant Name Appreciate Holdings, Inc.
Entity Central Index Key 0001821075
Entity Tax Identification Number 83-2426917
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 6101 Baker Road
Entity Address, Address Line Two Suite 200
Entity Address, City or Town Minnetonka
Entity Address, State or Province MN
Entity Address, Postal Zip Code 55345
City Area Code 952
Local Phone Number 470-8888
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Class A Common Stock, par value $0.0001 per share  
Title of 12(b) Security Class A Common Stock, par value $0.0001 per share
Trading Symbol SFR
Security Exchange Name NASDAQ
Warrants to purchase Class A Common Stock, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share  
Title of 12(b) Security Warrants to purchase Class A Common Stock
Trading Symbol SFRWW
Security Exchange Name NASDAQ