UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, ~~D.C.~~DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or ~~Section~~ 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of ~~earliest~~Earliest ~~event~~Event ~~reported~~Reported): ~~May~~November 1730, 2021

ALTIMETER GROWTH CORP.

(Exact name of registrant as specified in its charter)

Cayman Islands	001-39573	98-1554598
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification Number)
(State or other jurisdictionof incorporation)	(CommissionFile Number)	(I.R.S. EmployerIdentification No.)


2550 Sand Hill Road, Suite 150 Menlo Park, CA		94025
(Address of principal executive offices)		(Zip Code)

~~Registrant’s telephone number, including area code:~~ (650) 549-9145

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to of the ~~registrant~~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~~TradingSymbol(s)	Name of each ~~exchange~~exchangeon on which registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-fifth of one redeemable warrant	AGCUU	NASDAQ Capital Market
Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fifth of one redeemable warrant	AGCUU	NASDAQ Capital Market
Class A ordinary shares included as part of the units	AGC	NASDAQ Capital Market
Class A Ordinary Shares included as part of the units	AGC	NASDAQ Capital Market
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	AGCWW	NASDAQ Capital Market
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	AGCWW	NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

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. ☐

Item 45.~~02(a).~~07 ~~Non-Reliance~~Submission onof ~~Previously~~Matters ~~Issued~~to ~~Financial Statements or~~ a ~~Related~~Vote ~~Audit~~of ~~Report~~Security ~~or Completed Interim Review~~Holders.

~~The~~On ~~terms~~November 30, ~~“the~~2021, ~~Company~~Altimeter Growth Corp.,” a Cayman Islands exempted company (“~~we,~~AGC”), held an extraordinary general meeting of shareholders (the “~~our,~~EGM” “). At the EGM, a total of 41,206,486 (65.93%) of AGC”’s issued and ~~similar~~outstanding orordinary ~~derivative~~shares ~~terms~~held of record as of November 5, 2021, the record date for the EGM, were present either in ~~this~~person ~~Current~~or ~~Report~~by onproxy, ~~Form~~which ~~8-K~~constituted ~~refer~~a toquorum ~~Altimeter~~for ~~Growth~~the ~~Corp~~transaction of business. AGC’s stockholders voted on the following proposals at the EGM, which are defined and ~~its~~described ~~consolidated~~in ~~subsidiaries~~more detail in the definitive proxy statement/prospectus of AGC, ~~except~~which ~~where~~was filed with the ~~context~~Securities ~~otherwise~~and ~~requires~~Exchange Commission on November 19, 2021 (the “Proxy Statement”). The shareholders approved each of the proposals listed below.

~~Restatement~~The offinal ~~Previously~~vote ~~Issued~~tabulation ~~Consolidated~~for ~~Financial~~each ~~Statements.~~proposal is set forth below.

~~On April 12, 2021, the staff of the Securities and Exchange Commission released a statement on accounting and reporting considerations for warrants issued by special purpose acquisition companies~~ (~~the “Staff Statement”~~1)~~. The~~ Proposal ~~Staff Statement highlighted certain financial reporting considerations for special purpose acquisition corporations (“SPACs”) relating to the accounting for warrants~~No. ~~While~~1 ~~the~~- ~~specific terms of warrants issued by SPACs can vary, there are certain features of warrants issued in SPAC transactions that are common across many entities.~~ The ~~Staff~~Business ~~Statement~~Combination highlighted that warrants containing these features, which relate to whether the warrants can be indexed to the price of an entity’s shares or settled with assets other than common shares, should be classified as a liability measured at fair value, with changes in fair value each period reported as non-cash changes to earnings. Such period-to-period changes could be significant. Prior to the issuance of this guidance, SPACs generally carried their outstanding private placement warrants and public warrants containing these provisions as equity on their balance sheets without quarterly adjustments.Proposal

In light of the Staff Statement, we undertook a process to re-evaluate the equity classification of (i) our outstanding warrants issued in connection with our initial public offering on October 5, 2020, including the 12,000,000 private placement warrants issued to Altimeter Growth Holdings and the 10,000,000 warrants issued as part of the units sold in our initial public offering, each with an exercise price of $11.50 (the “IPO Warrants”), and (ii) the 4,000,000 warrants to be issued pursuant to the terms of our forward purchase agreements entered into with Altimeter Partners Fund, L.P. and JS Capital LLC at an exercise price of $11.50 (the “Forward Purchase Units” and such warrants included in the Forward Purchase Units, together with the IPO Warrants, the “Warrants”). Management and the Audit Committee of the Company’s board of directors (the “Audit Committee”) considered the Forward Purchase Units a firm commitment at the time of the Company’s initial public offering. As a result, management and the Audit Committee determined that the Warrants should have been classified as a liability. Based on Accounting Standards Codification 815-40, Contracts in Entity’s Own Equity, warrant instruments that do not meet the criteria to be considered indexed to an entity’s own stock shall be initially classified as derivative liabilities at their estimated fair values, regardless of the likelihood that such instruments will ever be settled in cash. In periods subsequent to issuance, changes in the estimated fair value of the derivative instruments should be reported in the statement of operations.


Votes For	Votes Against	Abstentions	Broker Non-Votes
40,992,452	74,907	139,127	—

As a result, the Company, together with its advisors, undertook a process to value the liability of its Warrants. Based on this evaluation, Company management, together with the Audit Committee determined, on May 17, 2021, that the Company’s financial statements and other financial data as of December 31, 2020 and for the period from August 25, 2020 (~~date of inception~~2) ~~through~~ Proposal ~~December 31,~~No. ~~2020~~2 ~~included in the Company’s Annual Report on Form 10~~-K ~~for~~The ~~the~~Initial ~~period~~Merger ~~ended~~Proposal ~~December 31, 2020 (the “Non-Reliance Period”) contained an error that was quantitatively material and, as a result, should no longer be relied upon.~~

As a result, investors, analysts and other persons should not rely upon the Company’s previously released financial statements and other financial data for the Non-Reliance Period. Similarly, the related press releases, Report of Independent Registered Public Accounting Firm on the financial statements as of December 31, 2020 and for the period from August 25, 2020 (date of inception) through December 31, 2020, and the shareholder communications, investor presentations or other communications describing relevant portions of our financial statements for the period that need to be restated should no longer be relied upon. The Company will file a revised Annual Report on Form 10-K/A that includes restated financial statements for the Non-Reliance Period and that corrects the errors and provides additional explanation of the changes.


Votes For	Votes Against	Abstentions	Broker Non-Votes
40,992,629	73,645	140,212	—

~~The~~(3) Proposal ~~Company’s~~No. ~~management~~3A ~~has~~- ~~concluded~~The ~~that~~Governing inDocuments ~~light~~Proposal of the classification error described above, a material weakness exists in the Company’s internal control over financial reporting and that the Company’s disclosure controls and procedures were not effective.A

The Audit Committee and management have discussed the matters disclosed in this Item 4.02(a) with the Company’s independent registered public accounting firm.


Votes For	Votes Against	Abstentions	Broker Non-Votes
37,623,266	3,266,072	317,148	—

~~Additional~~(4) Proposal ~~Information~~No. 3B - The Governing Documents Proposal B

In connection with its business combination with the Company, Grab Holdings Limited (“PubCo”) (the “Business Combination”) intends to file a registration statement on Form F-4 (the “Registration Statement”) with the Securities and Exchange Commission (“SEC”) which will include preliminary and definitive proxy statements to be distributed to the Company’s shareholders in connection with the Company’s solicitation for proxies for the vote by the Company’s shareholders in connection with the proposed transactions and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Grab Holdings, Inc.’s (“Grab”) shareholders in connection with the completion of the proposed business combination. The Company and PubCo also will file other documents regarding the proposed transaction with the SEC.


Votes For	Votes Against	Abstentions	Broker Non-Votes
37,636,600	3,215,333	354,553	—

~~After~~(5) Proposal the Registration Statement has been filed and declared effective, the Company will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed transactionsNo. ~~This~~3C ~~communication~~- is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that the Company will send to its shareholders in connection with the business combination. The ~~Company’s~~Governing ~~shareholders~~Documents ~~and~~Proposal other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, in connection with the Company’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed transactions, because these documents will contain important information about the Company, PubCo, Grab and the proposed transactions. Shareholders and investors may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the proposed transactions and other documents filed with the SEC by the Company, without charge, at the SEC’s website located at www.sec.gov or by directing a request to the Company. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document. C

Participants in the Solicitation


Votes For	Votes Against	Abstentions	Broker Non-Votes
37,691,497	3,158,383	356,606	—

~~The Company, PubCo and Grab and certain of their respective directors, executive officers and other members of management and employees may, under the Securities and Exchange Commission~~ (~~the “SEC”~~6) Proposal ~~rules, be deemed to be participants in the solicitations of proxies from the Company’s shareholders in connection with the proposed transactions~~No. ~~Information~~3D ~~regarding~~- ~~the~~The ~~persons~~Governing ~~who~~Documents ~~may,~~Proposal under SEC rules, be deemed participants in the solicitation of the Company’s shareholders in connection with the proposed transactions will be set forth in PubCo’s proxy statement/prospectus when it is filed with the SEC. You can find more information about the Company’s directors and executive officers in the Company’s final prospectus filed with the SEC on September 30, 2020. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. D

Forward Looking Statements


Votes For	Votes Against	Abstentions	Broker Non-Votes
37,703,852	3,149,749	352,885	—

~~This~~(7) Proposal document includes “forward-looking statements” within the meaning of the federal securities laws with respect to the proposed transaction between Grab, PubCo and AGC and also contains certain financial forecasts and projectionsNo. ~~All~~3E statements other than statements of historical fact contained in this document, including, but not limited to, statements as to future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of Grab, market size and growth opportunities, competitive position, technological and market trends and the potential benefits and expectations related to the terms and timing of the proposed transactions, are forward-~~looking~~ ~~statements.~~The ~~Some~~Governing ofDocuments ~~these~~Proposal forward-looking statements can be identified by the use of forward-looking words, including “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” or other similar expressions. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of AGC and Grab, which are all subject change due to various factors including, without limitation, changes in general economic conditions as a result of COVID-19. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this document, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. E

The forward-looking statements and financial forecasts and projections contained in this document are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in domestic and foreign business, market, financial, political and legal conditions; the timing and structure of the business combination; changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations; the inability of the parties to successfully or timely consummate the business combination, the PIPE investment and other transactions in connection therewith, including as a result of the COVID-19 pandemic or the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the business combination or that the approval of the shareholders of AGC or Grab is not obtained; the risk that the business combination disrupts current plans and operations of AGC or Grab as a result of the announcement and consummation of the business combination; the ability of Grab to grow and manage growth profitably and retain its key employees including its chief executive officer and executive team; the inability to obtain or maintain the listing of the post-acquisition company’s securities on Nasdaq following the business combination; failure to realize the anticipated benefits of business combination; risk relating to the uncertainty of the projected financial information with respect to Grab; the amount of redemption requests made by AGC’s shareholders and the amount of funds available in the AGC trust account; the overall level of demand for Grab’s services; general economic conditions and other factors affecting Grab’s business; Grab’s ability to implement its business strategy; Grab’s ability to manage expenses; changes in applicable laws and governmental regulation and the impact of such changes on Grab’s business, Grab’s exposure to litigation claims and other loss contingencies; the risks associated with negative press or reputational harm; disruptions and other impacts to Grab’s business, as a result of the COVID-19 pandemic and government actions and restrictive measures implemented in response; Grab’s ability to protect patents, trademarks and other intellectual property rights; any breaches of, or interruptions in, Grab’s technology infrastructure; changes in tax laws and liabilities; and changes in legal, regulatory, political and economic risks and the impact of such changes on Grab’s business. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of PubCo’s registration statement on Form F-4, the proxy statement/consent solicitation statement/prospectus discussed below, AGC’s Quarterly Report on Form 10-Q and other documents filed by PubCo or AGC from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that neither AGC nor Grab presently know, or that AGC or Grab currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect AGC’s and Grab’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or AGC’s or Grab’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements.


Votes For	Votes Against	Abstentions	Broker Non-Votes
40,828,134	27,083	351,269	—

~~Forward-looking~~(8) Proposal ~~statements speak only as of the date they are made~~No. ~~AGC~~4 ~~and Grab anticipate that subsequent events and developments may cause their assessments to change. However, while PubCo, AGC and Grab may elect to update these forward~~-~~looking~~ ~~statements at some point in the future, PubCo, AGC and Grab specifically disclaim any obligation to do so, except as required by law.~~ The ~~inclusion of~~Adjournment any statement in this document does not constitute an admission by Grab nor AGC or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing AGC’s or Grab’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of Grab and AGC contained herein are not, and do not purport to be, appraisals of the securities, assets or business of the Grab, AGC or any other entity. Proposal

~~Disclaimer~~As there were sufficient votes to approve the above proposals, the “Adjournment Proposal” described in the Proxy Statement was not presented to shareholders.

~~This~~Based ~~communication~~on isthe ~~for~~results ~~informational~~of ~~purposes~~the ~~only~~EGM, and issubject ~~neither~~to anthe ~~offer~~satisfaction toor ~~purchase,~~waiver ~~nor~~of acertain ~~solicitation~~other ofclosing anconditions ~~offer~~as todescribed ~~sell~~in the Proxy Statement, ~~subscribe~~the ~~for~~transactions or(the ~~buy~~“Transactions”) ~~any securities~~contemplated orby ~~the~~that ~~solicitation~~certain Business Combination Agreement, dated as of ~~any~~April 12, ~~vote~~2021 in(as ~~any~~may ~~jurisdiction~~be ~~pursuant~~amended, supplemented or otherwise modified from time to time, the “Business Combination orAgreement”), ~~otherwise~~by and among AGC, ~~nor~~Grab ~~shall~~Holdings ~~there~~Limited be(formerly ~~any~~J1 ~~sale~~Holdings Inc.), ~~issuance~~a orCayman ~~transfer~~Islands orexempted ~~securities~~company in(“GHL”), ~~any~~J2 ~~jurisdiction~~Holdings inInc., ~~contravention~~a Cayman Islands exempted company and direct wholly owned subsidiary of ~~applicable~~GHL, ~~law~~J3 Holdings Inc., Noa ~~offer~~Cayman ~~of securities~~Islands ~~shall~~exempted becompany ~~made~~and ~~except~~direct bywholly ~~means~~owned subsidiary of GHL, and Grab Holdings Inc., a ~~prospectus~~Cayman ~~meeting~~Islands ~~the~~exempted ~~requirements~~company, ofare ~~Section~~expected to be consummated on December 101, 2021. Following the consummation of the ~~Securities~~Transactions, ~~Act~~the common stock and warrants of ~~1933~~GHL are expected to begin trading on the Nasdaq Stock Market under the symbols “GRAB” and “GRABW,” asrespectively, ~~amended.~~on December 2, 2021.

~~SIGNATURE~~Item 7.01 Regulation FD Disclosure.

~~Pursuant~~In toconnection ~~the~~with ~~requirements of~~ the ~~Securities~~Business ~~Exchange~~Combination, ~~Act~~holders of ~~1934~~8,565 asshares ~~amended,~~of ~~the~~AGC’s ~~registrant~~Class A ~~has~~ordinary ~~duly~~shares ~~caused~~exercised ~~this~~their ~~report~~right to beredeem ~~signed~~their ~~on its~~shares ~~behalf~~for bycash ~~the~~at ~~undersigned~~a ~~hereunto~~redemption ~~duly~~price ~~authorized~~of approximately $10.00 per share, for an aggregate redemption amount of $85,654.47.

~~Dated:~~Item ~~May 18,~~8.01. ~~2021~~Other Events

~~ALTIMETER~~On ~~GROWTH~~November 30, ~~CORP.~~2021, ~~By:~~AGC ~~/s/~~issued ~~Hab~~a ~~Siam~~press ~~Name:~~release ~~Hab~~announcing ~~Siam~~the ~~Title:~~voting ~~General~~results ~~Counsel~~of the EGM, a copy of which is filed as Exhibit 99.1 hereto.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Description

99.1		Press Release, dated November 30, 2021.

104		Cover Page Interactive Data File (formatted as Inline XBRL).

Forward Looking Statements

This communication contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this communication include, but are not limited to, statements regarding future events, such as statements regarding the likelihood, ability and timing of the consummation of the Transactions and the trading of the common stock and warrants of GHL on the Nasdaq Capital Market under the symbols “GRAB” and “GRABW,” respectively. We cannot assure you that the forward-looking statements in this communication will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, general economic, political and business conditions; the inability of the parties to consummate the Transactions or the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Transactions; the receipt of an unsolicited offer from another party for an alternative business transaction that could interfere with the Transactions; failure to realize the anticipated benefits of the Transactions, including as a result of a delay in consummating the Transactions; the inability to obtain or maintain the listing of GHL securities on the Nasdaq Capital Market following the Transactions; and those factors discussed in the Proxy Statement. There may be additional risks that AGC presently does not know or that AGC currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Furthermore, if the forward-

looking statements prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements in making an investment decision or regard these statements as a representation or warranty by us or any other person that we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this communication represent our views as of the date of this communication. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this communication.

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.

Dated: November 30, 2021

ALTIMETER GROWTH CORP.

/s/ Hab Siam

General Counsel

Filing Compare · Altimeter Growth Corp.