UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

~~Pursuant~~PURSUANT toTO ~~Section 13 OR 15(d)~~ SECTION

of13 ~~the~~OR ~~Securities~~15(d) ~~Exchange~~OF ~~Act of 1934~~THE

~~Date~~SECURITIES ~~of Report (Date of earliest event reported): February 9, 2023~~EXCHANGE

~~GREEN~~ACT ~~VISOR~~OF ~~FINANCIAL TECHNOLOGY ACQUISITION CORP. I~~ 1934

Date of Report (Date of earliest event reported): April 28, 2023

Green Visor Financial Technology Acquisition Corp. I

(Exact name of registrant as specified in its charter)

Cayman Islands

001-41044

98-1596617

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

88 Kearny Street, Suite 850 San Francisco, CA		94108
88 Kearny Street, Suite 850 San Francisco CA		94108
(Address of Principal Executive Offices)		(Zip Code)
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (650) 489-6697

Registrant’s Telephone Number, Including Area Code

Not Applicable

(Former ~~Name~~name or ~~Former Address~~former address, if ~~Changed~~changed ~~Since Last~~since ~~Report~~last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant	GVCIU	The Nasdaq Stock Market LLC
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of a redeemable warrant to acquire one Class A ordinary share	GVCIU	The NASDAQ Stock Market LLC
Class A ordinary shares	GVCI	The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share	GVCI	The NASDAQ Stock Market LLC
Redeemable Warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50	GVCIW	The Nasdaq Stock Market LLC
Redeemable Warrants, included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50	GVCIW	The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company, as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Class A Common Stock

This Current Report on Form 8-K is filed by Green Visor Financial Technology Acquisition Corp. I, a Cayman Islands exempted company (the “Company”), in connection with the matters described herein.

Item 15.0102 ~~Entry~~Departure ~~into~~of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

OnElection ~~February 10, 2023, the Company issued an unsecured convertible promissory note (the “Extension Note”) in the principal amount~~ of $2,001,000 to the Company’s sponsor, Green Visor Capital SPAC I Holdings LLC (the “Sponsor”) in connection with the extension of the date by which the Company has to consummate a business combination from February 12, 2023 to May 12, 2023 (the “Extension”). The Extension Note does not bear any interest, and the loan under the Extension Note may be converted into private placement warrants (the “Extension Loan Warrants”) at a price of $1.00 per warrant, at the option of the Sponsor, with such Extension Loan Warrants having identical terms as the private placement warrants issued in connection with the private placement that was consummated in connection with the Company’s initial public offering (“IPO”). The Company issued the Extension Note in consideration for a loan from the Sponsor to fund the amount that the Company has agreed to deposit into the Company’s trust account established in connection with its IPO (the “Trust Account”).Director

~~Also~~On onApril ~~February 10~~28, 2023, the Company issued an unsecured promissory note (the “Working Capital Note” and, together with the Extension Note, the “Notes”) in the amount of $125,000 to the Sponsor, in exchange for the Sponsor depositing such amount in the Company’s ~~working capital account, in order~~ toBoard ~~provide the Company with additional working capital. The Working Capital Note does not bear any interest, and the principal amount~~ of ~~the~~Directors ~~loan under the Working Capital Note~~ (~~or any portion thereof) may be converted into private placement warrants (~~the “~~Working Capital Warrants~~Board”) ~~and~~appointed ~~together~~Richard ~~with the Extension Loan Warrants~~Kim, ~~the~~Vice ~~“Warrants”)~~President atand aChief ~~price~~Financial ofOfficer ~~$1.00 per warrant, at the option~~ of the ~~Sponsor~~Company, to ~~with~~serve ~~such Working Capital Warrants having identical terms~~ as ~~the~~a ~~private placement warrants issued in connection with the private placement that was consummated in connection with the Company’s IPO~~director.

IfResignation ~~the Company does not complete a business combination, the Company may repay such loans under the Notes solely from assets not held in the Trust Account, if any. Unless converted at the option~~ of ~~the~~Directors ~~Sponsor into~~and Warrants, the Company must repay the outstanding principal amount of each Note on the consummation of the initial business combination out of the proceeds of the Trust Account, if any, released to the Company.Officers

~~The~~On ~~foregoing~~April ~~description~~28, of2023, the ~~Extension~~Company also ~~Note~~received isnotice ~~qualified~~of inthe ~~its entirety~~resignations byof ~~reference~~four tomembers of the ~~Extension~~Board: ~~Note~~Ellen Richey, aEvan ~~copy~~Marwell, ofKate ~~which~~Cassino isand ~~attached~~Christopher Wendel, and the resignation of Sam Wen as ~~Exhibit~~the ~~10.1~~Chief ~~hereto~~Technology Officer of the Company, and ison ~~incorporated~~April ~~herein~~30, by2023 ~~reference. The~~the ~~foregoing~~Company ~~description~~received notice of the conditional ~~Working~~resignation ~~Capital~~(all ~~Note~~resignations isin ~~qualified~~this inItem ~~its~~5.02 ~~entirety~~collectively, bythe ~~reference~~“Resignations”) toof Joseph Saunders from (i) the ~~Working~~Board ~~Capital~~and ~~Note,~~(ii) aas ~~copy~~Chief Executive Officer of ~~which~~ isthe ~~attached~~Company. The Resignations will be effective as ~~Exhibit~~of 10the Redemption Date.2 ~~hereto~~The ~~and~~Resignations were isnot ~~incorporated~~due ~~herein~~to byany ~~reference~~disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Item 28.0301. ~~Creation~~Other ~~of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant~~Events.

The ~~disclosure~~Company ~~contained~~today inannounced ~~Item~~that ~~1.01~~it will redeem (the “Redemption”) all of ~~this~~its ~~Current Report~~outstanding Class A ordinary shares, par value $0.0001 (the “Public Shares”), on ~~Form~~or ~~8-K~~about isMay ~~incorporated~~12, 2023 (the “Redemption Date”), because the Company will not consummate an initial business combination within the time period required by ~~reference~~its inAmended ~~this~~and ~~Item~~Restated 2Memorandum and Articles of Association (the “Articles”).~~03.~~

~~Item~~As ~~8.01~~stated ~~Other~~in ~~Events~~the Company’s Articles, if the Company is unable to complete an initial business combination within the time period required, the Company will: (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company’s trust account (the “Trust Account”), including interest earned on the Trust Account and not previously released to the Company to pay tax obligations, if any, less up to $100,000 of interest to pay dissolution expenses, divided by the number of the issued and Public Shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining Members (as defined in the Articles) and the Directors, liquidate and dissolve, subject in the case of the foregoing clauses (ii) and (iii), to its obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.

OnThe ~~February~~per-share 2,redemption ~~2023,~~price ~~the~~for ~~Sponsor notified~~ the ~~Company that it intended~~ toPublic ~~deposit~~Shares anwill ~~aggregate~~be ofapproximately $~~2,001,000~~10.59 (~~representing~~the ~~$0.10~~“Redemption ~~per public share~~Amount”). The ~~into~~balance of the ~~Company’s~~Trust ~~trust~~Account ~~account~~as onof orMay ~~before February 12~~1, 2023. Onwas ~~February~~approximately 9$212, ~~2023~~140,312.06. ~~the~~In ~~Company~~accordance ~~issued~~with athe ~~press~~terms ~~release announcing that its board~~ of ~~directors had approved~~ the ~~Extension, as~~related ~~contemplated~~trust byagreement, the Company’s ~~registration~~expects ~~statement~~to onretain ~~Form~~$100,000 ~~S-1~~of ~~(File~~the ~~No.~~interest ~~333-260199).~~and Adividend ~~copy~~income offrom the ~~press~~Trust ~~release~~Account isto ~~attached~~pay ~~hereto~~dissolution ~~as Exhibit 99~~expenses.~~1 and is incorporated herein by reference.~~

OnAs ~~February~~of ~~13, 2023,~~ the ~~Company~~close ~~issued~~of abusiness ~~press~~on ~~release~~May ~~announcing that~~12, ~~the Sponsor had deposited an aggregate of $2~~2023,~~001,000~~ ~~(representing $0.10 per public share) into~~ the Public ~~Company’s~~Shares ~~trust~~will ~~account for~~be ~~its~~deemed ~~public~~cancelled ~~stockholders.~~and ~~The~~will ~~Extension~~represent ~~provides~~only the ~~Company~~right ~~with additional time~~ to ~~complete~~receive ~~its initial business combination. A copy of~~ the ~~press~~Redemption ~~release is attached hereto as Exhibit 99~~Amount.~~2 and is incorporated herein by reference.~~

~~Item~~Beneficial 9owners of Public Shares held in “street name,” will not need to take any action in order to receive their pro rata portion of the Redemption Amount.01 ~~Financial~~Holders ~~Statements~~of ~~and~~registered Public ~~Exhibits~~Shares will need to present their respective share certificates to the Company’s transfer agent, Continental Stock Transfer & Trust Company, to receive their pro rata portion of the Redemption Amount.

~~(d)~~There ~~Exhibits~~will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

~~Exhibits~~The Company expects that The Nasdaq Stock Market LLC will file a Form 25 with the Commission in order to delist the Company’s securities. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of the Company’s securities under the Securities Exchange Act of 1934, as amended.

10.1	Promissory Note, dated February 10, 2023
10.2	Promissory Note, Dated February 10, 2023
99.1	Press Release, dated February 9, 2023
99.2	Press Release, dated February 13, 2023
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

~~Signature~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Green Visor Financial Technology Acquisition Corp. I

	By:	/s/ Richard Kim
		Name:	Richard Kim
		Title:	Vice President and Chief Financial Officer

Dated: May 1, 2023

Date: February 13, 2023	GREEN VISOR FINANCIAL TECHNOLOGY ACQUISITION CORP. I
	By:	/s/ Richard Kim
		Name:	Richard Kim
		Title:	Vice President and Chief Financial Officer

Filing Compare · Green Visor Financial Technology Acquisition Corp I