MODEL PERFORMANCE ACQUISITION CORP : Other Events, Financial Statements and Exhibits (form 8-K)

Item 8.01 Other Events

As previously disclosed, pursuant to the First Amendment to the Merger Agreement dated January 6, 2022 by and among Model Performance Acquisition Corp. (NASDAQ: MPAC, the "Company"), MultiMetaVerse Inc. ("MMV") and other parties named therein, MMV has agreed to loan the Company an aggregate principal amount of $2.75 million in three tranches to fund any and all amounts required to extend the period of time the Company has to complete a business combination (the "Combination Period") for up to two (2) times for an additional three (3) months period each time. The loan bears no interest and is repayable only at the closing of a business combination by the Company.

On March 30, 2022, the Company issued a press release filed herewith, announcing that on March 29, 2022, using the loan amount received to date, the Company has deposited into the Company's trust account $575,000 (representing $0.10 per Class A ordinary share) to extend the Combination Period from April 12, 2022 to July 12, 2022. The materials attached as Exhibit 99.1 are incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.   Description
  99.1          Press Release dated March 30, 2022
104           Cover Page Interactive Data File (the Cover Page Interactive Data File
              is embedded within the Inline XBRL document)

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