KAYNE ANDERSON ACQUISITION CORP. (NASDAQ:KAACU) Files An 8-K Unregistered Sales of Equity Securities

Item3.02.Unregistered Sales of Equity Securities.

To the extent required by Item3.02 of Form 8-K, the disclosures
with respect to the Private Placement set forth below in Item8.01
of this Current Report on Form 8-K are incorporated by reference
herein.

Item5.03.Amendments to Certificate of Incorporation or
Bylaws; Change in Fiscal Year.

On March29, 2017, in connection with its IPO (as defined below),
Kayne Anderson Acquisition Corp., a Delaware Corporation (the
Company), filed its Amended and Restated Certificate of
Incorporation with Secretary of State of the State of Delaware,
effective the same day.The terms of the Amended and Restated
Certificate of Incorporation are set forth in the Companys
registration statement (File No.333-216514) (the Registration
Statement) for its IPO and are incorporated herein by reference.
A copy of the Amended and Restated Certificate of Incorporation
is attached as Exhibit 3.1 hereto and is incorporated by
reference herein.

Item8.01.Other Events.

On April4, 2017, the Company consummated its initial public
offering (IPO) of 35,000,000 units (Public Units). Each Public
Unit consists of one share of ClassA common stock, $0.0001 par
value per share (Class A Common Stock), and one-third of one
warrant (Public Warrant) to purchase one share of ClassA Common
Stock. Each whole Public Warrant entitles the holder to purchase
one share of ClassA Common Stock at an exercise price of $11.50
per share. The Public Units were sold at an offering price of
$10.00 per Unit, generating gross proceeds of $350,000,000. The
Company has granted Citigroup Global Markets Inc., Deutsche Bank
Securities Inc. and Credit Suisse Securities (USA) LLC, the
representatives of the several underwriters in the IPO, a 45-day
option to purchase up to 5,250,000 additional Public Units to
cover over-allotments, if any.

Simultaneously with the consummation of the IPO and the sale of
the Public Units, the Company consummated a private placement
(Private Placement) of 6,000,000 warrants (Placement Warrants) at
a price of $1.50 per Placement Warrant, generating total proceeds
of $9,000,000.The Placement Warrants, which were purchased by
Kayne Anderson Sponsor, LLC,the Companys sponsor (the Sponsor),
are substantially similar to the Public Warrants, except that if
held by the Sponsor or its permitted assigns, they (i)may be
exercised for cash or on a cashless basis, (ii)are not subject to
being called forredemption and (iii)subject to certain limited
exceptions, will be subject to transfer restrictions until 30
days following the consummation of the Companys initial business
combination.If the Placement Warrants are held by holders other
than the Sponsor, the Placement Warrants will be redeemable by
the Company and exercisable by holders on the same basis as the
Public Warrants.

A total of $350,000,000 of the net proceeds from the IPO and the
Private Placement were placed in a trust account established for
the benefit of the Companys public stockholders with American
Stock Transfer Trust Company, LLC acting as trustee. Except for
the withdrawal of interest to pay taxes, none of the funds held
in the trust account will be released until the earlier of (i)the
completion of the Companys initial business combination, (ii)the
redemption of any shares of ClassA Common Stock issued by the
Company in its IPO (the public shares) properly tendered in
connection with a stockholder vote to amend the Companys Amended
and Restated Certificate of Incorporation to modify the substance
or timing of the Companys obligation to redeem 50% of the
Companys public shares if the Company does not complete its
initial business combination within 24 months from the closing of
the IPO and or (iii)the redemption of 50% of the public shares if
the Company is unable to consummate an initial business
combination within 24 months from the closing of the IPO, subject
to applicable law.

In connection with the IPO, the Company entered into the
following agreements, forms of which have been previously filed
as exhibits to the Registration Statement:

On March29, 2017, 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 the pricing of the IPO. On April4, 2017, the
Company issued a press release, a copy of which is attached as
Exhibit 99.2 to this Current Report on Form 8-K, announcing the
closing of the IPO.

Item9.01.Financial Statements and Exhibits.

About KAYNE ANDERSON ACQUISITION CORP. (NASDAQ:KAACU)

Kayne Anderson Acquisition Corp. is a blank check company. The Company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search for a target business in the energy industry. The Company focuses on identifying, combining with and maximizing the value of a company with operations in the energy industry. As of March 16, 2017, the Company had not generated any revenues.

KAYNE ANDERSON ACQUISITION CORP. (NASDAQ:KAACU) Recent Trading Information

KAYNE ANDERSON ACQUISITION CORP. (NASDAQ:KAACU) closed its last trading session at with 1,858,684 shares trading hands.