Common Contracts

1 similar null contracts

CONFIDENTIAL
November 30th, 2022
  • Filed
    November 30th, 2022

As you may be aware, on November 9, 2021, Wolt Enterprises Oy (“Wolt”) entered into a Share Purchase Agreement, as amended on April 9, 2022 (as the same may be amended from time to time pursuant to the terms thereof, the “SPA”) by and among Wolt, DoorDash, Inc. (“DoorDash”), and the Securityholder Representative (as defined in the SPA) which position has been initially held by Mikko Kuusi who may be replaced as the Securityholder Representative in accordance with the terms of the SPA. Pursuant to the SPA, it is contemplated that all shares in Wolt will be acquired by DoorDash and all outstanding and unexercised options of Wolt will be cancelled and extinguished and the optionholders will receive the consideration set forth in the SPA (the “Transaction”) upon the consummation of the Transaction (the “Closing”). PNC Bank National Association (“PNC”) has been engaged by Wolt to assist Wolt in collecting the necessary documents and information from Wolt securityholders to join the transact

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