The SPAC in a filing said Orisun, PubCo and Ucommune entered into Backstop Agreements with two additional investors. As of Nov. 16, the SPAC said 19 investors had entered into backstop agreements and agreed to invest no less than $66.5 million by either acquiring PIPE Shares or Orisun’s common stock in the open market. Read more.
Orisun Adds 2 Backstop Investors
