Company Merger I definition

Company Merger I means, in accordance with the DGCL and DLLCA, the merger of Holley with and into Merger Sub I, whereupon the separate existence of Merger Sub I will cease, and Holley will survive the merger.
Company Merger I has the meaning specified in the Recitals hereto.

Examples of Company Merger I in a sentence

  • Immediately following Company Merger I, Holley will merge with and into Merger Sub II, with Merger Sub II surviving such merger as a wholly owned subsidiary of New Holley (“Company Merger II”), and in connection with such merger, change its name to Holley Inc., in accordance with the DLLCA.The Empower Units, Empower Class A Shares and Empower Public Warrants are currently listed on the New York Stock Exchange (“NYSE”) under the symbols “EMPW.U,” “EMPW” and “EMPW WS,” respectively.

  • Immediately after the Domestication, but before Company Merger I (as defined below), New Holley will issue 24,000,000 shares of Domestication Common Stock at $10.00 per share to those certain investors (“PIPE Investors”) pursuant to those certain subscription agreements, dated as of March 11, 2021, between Empower, on the one hand, and PIPE Investors, on the other hand (collectively, the “PIPE Subscription Agreements”), for aggregate consideration equal to $240 million (the “PIPE Investment”).

Related to Company Merger I