SECOND AMENDMENT TO AGREEMENT AND PLAN OF MERGER
Exhibit 2.1
SECOND AMENDMENT TO
This
Second Amendment to Agreement and Plan of Merger (this
“Amendment”), dated as of
March 19, 2021, is by and among Big Rock Partners Acquisition
Corp., a Delaware corporation (“BRPA”), NeuroRx, Inc., a
Delaware corporation (the “Company”), and Big Rock
Merger Corp., a Delaware corporation and wholly owned Subsidiary of
BRPA (“Merger
Sub”). Each of BRPA, Merger Sub, and the Company, are
referred to herein, individually, as a “Party” and, collectively,
as the “Parties”.
WHEREAS, the
Parties entered into an Agreement and Plan of Merger, dated as of
December 13, 2020 (as amended on January 27, 2021 and as may be
further amended from time to time, the “Original Agreement”),
which, among other things, provides that the Original Agreement may
be terminated by written notice from BRPA or the Company if the
transactions contemplated thereby have not been completed by April
23, 2021 (the “Outside Date”);
and
WHEREAS, the
Parties desire to extend the Outside Date from April 23, 2021 to
May 24, 2021.
NOW,
THEREFORE, in consideration of the mutual covenants contained
herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties hereby
agree as follows:
1. Amendment to Original
Agreement. Section 7.1(b) of the Original Agreement is
hereby amended as follows: the text “April 23, 2021” in
Section 7.1(b) of the Original Agreement is hereby deleted and the
text “May 24, 2021” is inserted therefor.
2. Miscellaneous.
(a) Interpretation.
Capitalized terms not defined herein shall have the meaning
ascribed to them in the Original Agreement. On and after the date
hereof, each reference in the Original Agreement to “this
Agreement”, “hereunder”, “hereof”,
“herein” or words of like import referring to the
Original Agreement shall mean and be a reference to the Original
Agreement as amended by this Amendment.
(b) No
Further Amendments. The Original Agreement shall remain in
full force and effect except as expressly amended by this
Amendment. Upon the execution and delivery hereof, the Original
Agreement shall be deemed to be amended as fully and with the same
effect as if the amendments made hereby were originally set forth
in the Original Agreement, and this Amendment and the Original
Agreement shall henceforth be read, taken and construed as one and
the same instrument. Article VIII of the Original Agreement is
incorporated herein, mutatis
mutandis.
[Remainder
of Page Intentionally Left Blank]
IN
WITNESS WHEREOF, the Parties have caused this Amendment to be
executed as of the date first written above.
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By:
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/s/
Xxxxxxx Xxxxxxxx
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Name:
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Xxxxxxx
Xxxxxxxx
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Title:
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Chief
Executive Officer
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NEURORX,
INC.
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By:
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/s/
Xxxxxxxx Xxxxxx
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Name:
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Xxxxxxxx
Xxxxxx
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Title:
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Chief
Executive Officer
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BIG
ROCK MERGER CORP.
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By:
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/s/
Xxxxxxx Xxxxxxxx
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Name:
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Xxxxxxx
Xxxxxxxx
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Title:
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Chief
Executive Officer
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