Filing Overview
This Form 8-K was filed by Consonance-HFW Acquisition Corp., not Surrozen, Inc., and reports an event dated January 7, 2021. Consonance-HFW is a Cayman Islands special purpose acquisition company (SPAC) listed on NYSE American.
Business Context and Reporting Period
The filing concerns the trading status of the company’s securities following its initial public offering. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
Key Financial Metrics
The filing does not provide financial statements, revenue, profit, cash flow, margins, debt, liquidity, or other financial performance metrics.
Material Event
- Beginning January 11, 2021, holders may separately trade the Class A ordinary shares and redeemable warrants included in the units.
- Units not separated will continue trading on NYSE American under the symbol CHFW.U.
- Separated Class A ordinary shares will trade under CHFW, and whole redeemable warrants will trade under CHFW.W.
- No fractional warrants will be issued upon separation; only whole warrants will trade.
- Holders must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent, to separate the units.
Guidance, Risks, and Unusual Items
The filing provides no earnings guidance or operating outlook. It is an administrative securities-trading notice and does not disclose new contingencies, material risks, or unusual financial items.
Investor Verification Items
- Verify that the filing applies to Consonance-HFW Acquisition Corp. rather than Surrozen, Inc.
- Confirm the January 11, 2021 commencement date for separate trading.
- Review the attached January 7, 2021 press release, identified as Exhibit 99.1.
- Confirm the applicable ticker symbols and the broker process for separating units.