Horizon Acquisition Corporation II Agrees to Terminate Business Combination Agreement with Flexjet, Inc.Business Combination Agreement • April 11th, 2023 • Horizon Acquisition Corp II • Blank checks
– Flexjet has agreed to make a termination payment to Horizon that will enable Horizon to make a liquidating distribution to the holders of its Class A ordinary shares expected to be approximately $11.33 per share
TERMINATION AGREEMENT (this “Agreement”) dated as of April 11, 2023 among:Termination Agreement • April 11th, 2023 • Horizon Acquisition Corp II • Blank checks
Reference is made to the Business Combination Agreement dated as of October 11, 2022 (the “BCA”) among the SPAC, OTH Merger Sub 1, LLC, a Delaware limited liability company, Flexjet, Inc., a Delaware corporation, Flexjet Sub, LLC, a Delaware limited liability company, and Epic. The Company became a party to the BCA (as the “Company” referred to therein) by a Joinder Agreement dated February 21, 2023.
