Tottenham Schedules Shareholder Vote on Clene Nanomedicine Merger

The amendment calls for each of Legacy’s outstanding public warrants, and Legacy’s private placement warrants owned by certain institutional investors shall be converted into the right to receive an amount of cash and a number of shares of Class A common stock per warrant.

According to the note's terms, the SPAC is on the hook for any loaned amount whether or not it completes a merger.