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): ~~January~~March 312, 2023

McLaren Technology Acquisition Corp.

(Exact name of registrant as specified in its charter)

Delaware		001-41004		86-2419708
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2600 Michelson Drive, Suite 1700

Irvine, CA 92612

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (949) 989-4638

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:

☐	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 share of Class A common stock and one-half of one redeemable warrant	MLAIU	The Nasdaq Stock Market LLC

Class A common stock, par value $0.0001 per share	MLAI	The Nasdaq Stock Market LLC

Redeemable warrants, exercisable for Class A common stock at an exercise price of $11.50 per share	MLAIW	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 18.01. ~~Entry~~Other ~~into a Material Definitive Agreement~~Events.

On ~~January~~ 31March 2, 2023, McLaren Technology Acquisition Corp. (the “Company”) issued a ~~promissory~~press ~~note~~release ~~(the~~announcing ~~“Note”) in~~that ~~the~~due ~~principal amount of $664,125 (the “Loan Amount”)~~ to the Company’s ~~sponsor,~~inability ~~McLaren~~to ~~Technology~~consummate ~~Acquisition~~an ~~Sponsor~~initial ~~LLC~~business ~~(the~~combination ~~“Sponsor”)~~within ~~in connection with~~ the ~~Extension~~time ~~(as~~period ~~defined~~required ~~below).~~by ~~The~~its ~~Note~~Amended ~~bears no interest~~ and ~~is due~~Restated ~~and~~Certificate ~~payable~~of ~~upon~~Incorporation (the ~~consummation~~“Amended Charter”), of the Company’s ~~initial~~intends ~~business~~to ~~combination.~~dissolve ~~The~~and ~~Company~~liquidate ~~agreed~~in toaccordance ~~use~~with the ~~Loan~~provisions ~~Amount~~of ~~solely for~~the ~~purposes~~Amended ofCharter ~~making~~and awill ~~payment~~redeem all ~~into~~of the ~~trust~~outstanding ~~account~~shares ~~set~~of upClass ~~pursuant~~A tocommon ~~the~~stock ~~Investment~~that ~~Management~~were ~~Trust~~included ~~Agreement,~~in ~~dated~~the ~~November~~units ~~2, 2021,~~issued byin ~~and~~its ~~between~~initial public offering (the ~~Company~~“Public Shares”), ~~and~~at ~~Continental~~a ~~Stock~~per-share ~~Transfer~~redemption &price ~~Trust~~of ~~Company,~~approximately as$10.39 ~~trustee,~~(without ~~for~~giving ~~the~~effect ~~benefit~~to ofany ~~the~~interest ~~purchasers~~that ~~of Company~~may ~~securities~~be inwithdrawn to ~~the~~pay ~~Company’s~~for ~~initial~~taxes ~~public~~and ~~offering~~dissolution expenses).

~~The foregoing~~As ~~description~~of isthe ~~qualified~~close inof ~~its~~business ~~entirety~~on byMarch ~~reference~~3, to 2023, the ~~Note,~~Public aShares ~~copy~~will ofbe ~~which~~deemed iscancelled ~~attached~~and aswill ~~Exhibit~~represent ~~10.1~~only ~~hereto~~the ~~and~~right ~~is incorporated~~to ~~herein~~receive bythe ~~reference~~redemption amount.

~~Item~~In 2order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of the trust account to take all necessary actions to liquidate the securities held in the trust account.~~03.~~ ~~Creation~~The proceeds of the trust account will be held in a ~~Direct~~non-interest ~~Financial~~bearing ~~Obligation~~account orwhile anawaiting ~~Obligation~~disbursement to ~~under~~the anholders ~~Off-Balance~~of ~~Sheet~~the ~~Arrangement~~Public Shares. Record holders will receive their pro rata portion of athe ~~Registrant~~proceeds of the trust account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Company’s transfer agent. Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days after March 3, 2023.

The Company’s sponsor has agreed to waive ~~disclosure~~its ~~contained~~redemption inrights ~~Item~~with ~~1.01~~respect ofto ~~this~~its ~~Current~~outstanding ~~Report~~Class onB ~~Form~~common ~~8-K~~stock isissued ~~incorporated~~prior byto ~~reference~~the inCompany’s ~~this~~initial ~~Item~~public 2offering.~~03.~~

~~Item~~There will be no redemption rights or liquidating ~~8.01.~~distributions ~~Other~~with ~~Events~~respect to the Company’s warrants, which will expire worthless.

~~On February~~A 2,copy ~~2023,~~of the ~~Company issued a~~ press release ~~announcing~~is ~~that~~attached ~~its Sponsor has requested that the Company extend the date by which~~hereto ~~the~~as ~~Company~~Exhibit ~~has to consummate a business combination from February 5, 2023 to March 5, 2023 (the “Extension”)~~99.1 ~~The Extension~~and is ~~the~~incorporated ~~first~~herein ofby ~~six one-month extensions permitted under the Company’s governing documents~~reference. In connection with the Extension, the Sponsor loaned the Company the Loan Amount (representing $0.033 per public share), which was deposited into the Company’s trust account on January 31, 2023. The Extension provides the Company with additional time to complete its initial business combination.

~~A copy~~Item of9.01 ~~the~~Financial ~~press~~Statements ~~release is attached hereto as Exhibit 99.1~~ and ~~is incorporated herein by reference.~~Exhibits

~~Item 9.01~~(d) ~~Financial Statements and~~ Exhibits

(d) Exhibits

Exhibit Number		Title
99.1		Press Release, dated March 2, 2023
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Exhibit Number		Title
10.1		Promissory Note, dated January 31, 2023
99.1		Press Release, dated February 2, 2023
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

1SIGNATURE

~~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, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 2, 2023
	McLaren Technology Acquisition Corp.

	By:	/s/ Rajeev Nair
		Name:	Rajeev Nair
		Title:	Chief Financial Officer

~~Dated: February~~ 2~~, 2023~~

McLaren Technology Acquisition Corp. By: /s/ Rajeev Nair Name: Rajeev Nair Title: Chief Financial Officer

Filing Compare · McLaren Technology Acquisition Corp.