Item 8.01. Other Events.

Separate Trading of Units, Class A Common Stock and Warrants

As previously reported, on December 11, 2020, Nebula Caravel Acquisition Corp., a Delaware corporation (the "Company"), consummated its initial public offering of 27,500,000 units (the "Units"), which included 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. Each Unit consists of one share of Class A common stock of the Company, par value $0.0001 per share ("Class A Common Stock"), and one-fifth of one redeemable warrant of the Company ("Warrant"), with each whole Warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $275,000,000.

On January 25, 2021, the Company issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Units may elect to separately trade shares of the Class A Common Stock and the Warrants comprising the Units commencing on January 29, 2021. Those Units not separated will continue to trade on The Nasdaq Capital Market under the symbol "NEBCU," and the Class A Common Stock and Warrants that are separated will trade on The Nasdaq Capital Market under the symbols "NEBC" and "NEBCW," respectively. No fractional warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of Units will need to instruct their brokers to contact American Stock Transfer& Trust Company, the Company's transfer agent, to separate their Units into shares of Class A Common Stock and Warrants.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits

The following exhibit is filed herewith:





Exhibit No.   Description of Exhibits
99.1            Press Release, dated January 25, 2021.




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