UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~December 23~~February 12, ~~2019~~2020

TIBERIUS ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware		001-38422		81-0824240
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

3601 N Interstate 10 Service Rd W

Metairie, LA

70002

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (504) 881 - 1060

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 of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

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
Common Stock, par value $0.0001 per share	TIBR	The NASDAQ Stock Market LLC
Warrants to purchase one share of Common Stock	TIBRW	The NASDAQ Stock Market LLC
Units, each consisting of one share of Common Stock and one Warrant	TIBRU	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 ☒

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 51.0701. ~~Submission~~Entry ofInto ~~Matters~~A toMaterial aDefinitive ~~Vote of Security Holders~~Agreement.

OnAs previously reported ~~December~~on ~~23,~~a ~~2019,~~Current Report on Form 8-K filed by Tiberius Acquisition Corporation, a Delaware corporation (“Tiberius”), with the U.S. Securities and Exchange Commission (“~~Company~~SEC”) ~~held~~on ~~its~~October 17, 2019, ~~annual~~on ~~meeting~~October of10, ~~stockholders.~~2019, AtTiberius entered into the ~~Meeting,~~Business ~~stockholders~~Combination Agreement (ithe “Business Combination Agreement”) ~~re-elected~~with ~~four~~Lagniappe ~~directors~~Ventures LLC, toa ~~serve~~Delaware aslimited liability company (the ~~Class~~“Sponsor”), IInternational ~~directors~~General onInsurance ~~the~~Holdings ~~Company’s~~Ltd., ~~board~~a company organized under the laws of ~~directors~~the Dubai International Financial Centre (“~~Board~~IGI”), ~~until~~and ~~the~~Wasef ~~2021~~Jabsheh, ~~annual~~and pursuant ~~meeting~~to ofa ~~stockholders~~joinder orthereto, ~~until~~International ~~their~~General ~~successors~~Insurance ~~are~~Holdings ~~elected~~Ltd., a Bermuda exempted company (“Pubco” or “IGI Holdings”) and ~~qualified~~Tiberius Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Pubco (ii“Merger Sub”). ~~ratified~~Among other things, the ~~selection~~Business byCombination ~~the~~Agreement ~~audit~~provides ~~committee~~for (i) the merger of Tiberius with and into Merger Sub, with Tiberius surviving the ~~Board~~merger and the security holders of ~~Marcum~~Tiberius ~~LLP~~becoming security holders of Pubco, (~~“Marcum”~~ii) to ~~serve~~the asexchange of all or substantially all of the ~~Company’s~~outstanding ~~independent~~share ~~registered~~capital ~~public~~of ~~accounting~~IGI ~~firm~~by the shareholders of IGI for a combination of common shares of Pubco and aggregate cash consideration of $80.0 million (the ~~fiscal~~“Business ~~year~~Combination”) ~~ending~~and (iii) ~~December~~the ~~31,~~adoption ~~2019~~of Pubco’s amended and restated bye-laws.

~~Set~~On February 12, 2020, the ~~forth~~parties ~~below~~to ~~are~~the Business Combination Agreement entered into the ~~final~~First ~~voting~~Amendment ~~results~~to ~~for~~Business ~~each~~Combination Agreement (the “First Amendment”) pursuant to which compliance by Tiberius and the Sponsor with their respective obligations under the Letter Agreement (as defined below) was added as a closing condition to the consummation of the ~~proposals:~~Business Combination.

~~Proposal~~Also, ~~No.~~on 1February –12, ~~Election~~2020, Tiberius, the Sponsor, Pubco and IGI entered into a letter agreement (the “Letter Agreement”) pursuant to which (a) the Sponsor agreed to forfeit 180,000 shares of ~~directors~~its common stock of Tiberius (the “Forfeiture”) upon the closing of the Business Combination and (b) Tiberius agreed to use its reasonable best efforts to repurchase 3,000,000 warrants to purchase shares of common stock of Tiberius from a warrant holder at the closing of the Business Combination for an aggregate price of $4,275,000 (the “Warrant Repurchase”).

C.The ~~Allen~~foregoing ~~Bradley,~~descriptions ~~Senator~~of the E.First ~~Benjamin~~Amendment and ~~Nelson,~~the ~~John~~Letter W.Agreement ~~Hayden~~are not complete and ~~Michael~~are ~~Millhouse~~qualified ~~were~~in ~~re-elected~~their entirety by reference to ~~serve~~the asfull text of the First ~~Class~~Amendment Iand ~~directors.~~Letter Agreement, ~~The~~copies ~~voting~~of ~~results~~which ~~were~~are filed hereto as ~~follows:~~Exhibit 2.1 and Exhibit 10.1, respectively, and are incorporated herein by reference.

Name	For	Withheld
C. Allen Bradley	11,576,060	1,326,540
Senator E. Benjamin Nelson	11,576,060	1,326,540
John W. Hayden	11,417,788	1,484,812
Michael Millhouse	11,417,788	1,484,812

Item 8.01.

Other Events.

~~Proposal~~On February 13, 2020, the ~~No.~~Company 2issued –a ~~Ratification~~press release announcing the Warrant Repurchase and the Forfeiture, a copy of ~~independent~~which ~~registered~~is ~~public~~attached ~~accounting~~as ~~firm~~Exhibit 99.1 to this Current Report on Form 8-K.

~~The stockholders~~Item ~~ratified the selection of Marcum to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019~~9.01 ~~The~~Financial ~~voting~~Statements ~~results~~and ~~were as follows:~~Exhibits.

For		Against		Abstain		Broker-Non Vote
12,902,600		0		0		0

(d) Exhibits

Exhibit No.		Description

2.1		First Amendment to Business Combination Agreement, dated as of February 12, 2020.
10.1		Letter Agreement, dated as of February 12, 2020, among Tiberius, the Sponsor, Pubco and IGI.
99.1		Press Release, dated February 13, 2020.

~~SIGNATURE~~1

~~Pursuant to~~ADDITIONAL ~~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.~~INFORMATION

~~Dated~~In connection with the proposed transaction, IGI Holdings has filed a registration statement on Form F-4 (the “Form F-4”) with the SEC which includes a prospectus with respect to IGI Holding’s securities to be issued in connection with the proposed transaction and a proxy statement with respect to Tiberius’s stockholders meeting at which Tiberius’s stockholders will be asked to vote on the proposed transaction. Tiberius’s stockholders and other interested persons are advised to read the Form F-4 and the amendments thereto and other information filed with the SEC in connection with the proposed transaction, as these materials contain important information about IGI, Tiberius and the proposed transaction. When available, the proxy statement contained in the Form F-4 and other relevant materials for the proposed transaction will be mailed to the stockholders of Tiberius as of the record date for voting on the proposed transaction. Stockholders will also be able to obtain copies of the Form F-4 and other documents filed with the SEC, without charge at the SEC’s website at www.sec.gov, or by directing a request to: Tiberius ~~December~~Acquisition 26Corp., ~~2019~~3601 N Interstate 10 Service Rd W, Metairie, LA 70002.

~~TIBERIUS ACQUISITION CORPORATION By: /s/ Michael T. Gray Name: Michael T. Gray Title: Chief Executive Officer~~DISCLAIMER

2This report and the exhibits hereto do not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

PARTICIPANTS IN THE BUSINESS COMBINATION

Tiberius, IGI, IGI Holdings, and certain of their respective directors and executive officers may be deemed participants in the solicitation of proxies from Tiberius’s stockholders with respect to the proposed transaction. A list of the names of Tiberius’s directors and executive officers and a description of their interests in Tiberius is contained in Tiberius’s annual report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov, or by directing a request to Tiberius Acquisition Corp., 3601 N Interstate 10 Service Rd W, Metairie, LA 70002, Attention: Bryce Quin. Additional information regarding the interests of such participants is contained in the Form F-4.

IGI and certain of its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of Tiberius in connection with the proposed transaction. A list of the names of such directors and executive officers is included in the Form F-4.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the businesses of Tiberius, IGI and IGI Holdings may differ from their actual results and consequently, you should not rely on these forward looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, expectations with respect to future performance, projected financial information, statements regarding the anticipated financial impact of the proposed transaction, the satisfaction of the closing conditions to the proposed transaction, including without limitation receipt of all required regulatory approvals, and the timing of the completion of the proposed transaction. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the control of Tiberius, IGI, and IGI Holdings and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement, (2) the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Business Combination Agreement and the transactions contemplated therein; (3) the inability to complete the proposed transaction, including due to failure to obtain approval of the stockholders of Tiberius or other conditions to closing in the Business Combination Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Business Combination Agreement or could otherwise cause the transaction to fail to close; (5) the receipt of an unsolicited offer from another party for an alternative business transaction that could interfere with the proposed transaction; (6) the inability to obtain or maintain the listing of the post-acquisition company’s common shares on Nasdaq in connection with or following the closing of the proposed transaction; (7) the risk that the proposed transaction disrupts current plans and operations as a result of the announcement and consummation of the proposed transaction; (8) the potential inability to recognize the anticipated benefits of the proposed transaction, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees; (9) costs related to the proposed transaction; (10) changes in applicable laws or regulations; (11) the demand for IGI’s and the combined company’s services together with the possibility that IGI or the combined company may be adversely affected by other economic, business, and/or competitive factors; and (12) other risks and uncertainties indicated from time to time in the proxy statement relating to the proposed transaction, including those under “Risk Factors” therein, and in Tiberius’s other filings with the SEC. The foregoing list of factors is not exclusive. In addition, any financial projections issued by the parties are inherently based on various estimates and assumptions that are subject to the judgment of those preparing them and are also subject to significant economic, competitive, industry and other uncertainties and contingencies, all of which are difficult or impossible to predict and many of which are beyond the control of Tiberius and IGI. There can be no assurance that IGI’s financial condition or results of operations will be consistent with those set forth in such financial projections. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. Tiberius, IGI, and IGI Holdings do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based.

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: February 19, 2020

	TIBERIUS ACQUISITION CORPORATION

	By:	/s/ Michael T. Gray
	Name:	Michael T. Gray
	Title:	Chief Executive Officer

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