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□ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 Form 10 - K Delaware ( State or other jurisdiction of incorporation or organization ) Commission file number : 001-39774 Nebula Caravel Acquisition Corp. ( Exact name of registrant as specified in its charter ) Four Embarcadero Center , Suite 2100 San Francisco , CA ( Address of principal executive offices ) Title of each class Units , each consisting of one share of Class A Common Stock and one - fifth of one Redeemable Warrant Class A Common Stock , par value $ 0.0001 per share Redeemable Warrants , each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $ 11.50 Large accelerated filer Non - accelerated filer Trading Symbol ( s ) X Registrant's telephone number : ( 415 ) 780-9975 Securities registered pursuant to Section 12 ( b ) of the Act : NEBCU NEBC NEBCW 85-3147201 ( I.R.S. Employer Identification Number ) 94111 ( Zip Code ) Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Name of each exchange on which registered The Nasdaq Stock Market LLC Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Exchange Act . Yes No | The Nasdaq Stock Market LLC The Nasdaq Stock Market LLC Accelerated filer Smaller reporting company Emerging growth company Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No | Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes > No □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . No | X 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes > As of June 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , the registrant's securities were not publicly traded . The registrant's units began trading on The Nasdaq Capital Market on December 9 , 2020 and the registrant's Class A common stock and redeemable warrant began trading on The Nasdaq Capital Market on January 29 , 2021. The aggregate market value of the units outstanding , other than shares held by persons who may be deemed affiliates of the registrant , computed by reference to the closing sales price for the unit on December 31 , 2020 , as reported on the Nasdaq Capital Market , was $ 297,000,000 . Common stock held No