The SPAC said in a filing today that it entered into indemnification agreements with each of its directors and executive officers, effective Nov. 5. Read more. The SPAC today also filed an amendment to its prospectus.
Related Posts
Founder SPAC Secures FPA up to $150M to Support Rubicon Deal
The SPAC has not disclosed redemptions, if any, although the $111 million minimum cash requirement to seal the Rubicon deal is already covered by a PIPE in an identical amount.
Lakeshore Acquisition II Borrows Another $80K From Merger Partner to Cover Deadline Extension Deposit
In return, Lakeshore also agreed to issue 2,000 shares of Class A stock to Nature’s Miracle following the closing of the business combination.
Global Synergy Prices $225M IPO
The SPAC said it will focus on a business that can benefit from the mamangement team’s operational and investing expertise in the IT Services and Business Process Outsourcing sectors.
Growth Capital Acquisition Shares & Warrants to Trade Separately
The SPAC plans to focus on global emerging growth and lower-to-middle market companies with enterprise values of $300 million to $1.5 billion.