Examples of Acquisition Companies in a sentence
These securities are classified as Level 2 investments.Investments in Special Purpose Acquisition Companies, including their related units, shares, rights and warrants (each a “SPAC interest”), will typically be valued by reference to the last reported transaction for the composite exchange.
The execution and delivery of this Agreement has been duly approved and authorized by the Boards of Directors of the Acquisition Companies, and no other corporate proceedings on the part of either Acquisition Company are necessary to authorize this Agreement and the transactions contemplated hereby.
This Agreement constitutes the valid and legally binding obligation of the Acquisition Companies, enforceable in accordance with its terms and conditions.
The Acquisition Companies have not entered into any agreement with any third party which would have the effect of causing the Shareholder or the Company to pay any finder’s fee, brokerage commission or similar payment in connection with the transactions contemplated hereby.
On April 12, 2021, the SEC’s Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (the “Staff Statement”) was released.